--- title: "HSN Code for Tubes and Pipes of Cast Iron | HSN 72024100 GST Rate" description: "Find HSN and GST Rates for 72024100 related to Tubes and Pipes of Cast Iron with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72024100/" --- # HSN Code 72024100: Tubes and Pipes of Cast Iron - [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/) - [Chapter 72: Iron & Steel](https://busy.in/hsn/chapter-72/) - [Sub-chapter 7202: Ferro-alloys](https://busy.in/hsn/sub-chapter-7202/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Ferro-chromium : Containing by weight more than 4% of carbon | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72024100 ? It includes Flat-Rolled Iron and Steel ### Do e‑way bill and e‑invoice apply for Tubes and Pipes of Cast Iron? e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ### Can we claim ITC on inputs used to trade Tubes and Pipes of Cast Iron? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Tubes and Pipes of Cast Iron is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tubes and Pipes of Cast Iron; Nil for exempt items if applicable). ### How much GST applies to Tubes and Pipes of Cast Iron? Under HSN 72024100, Tubes and Pipes of Cast Iron attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Tubes and Pipes of Cast Iron? For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading. ### Any common misclassification issue with Tubes and Pipes of Cast Iron? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 72024100 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹4,819 Cr (−39.39% YoY) — 0.1309% of India's total exports - Imports: ₹156 Cr (−62.55% YoY) — 0.0026% of India's total imports - Trade balance: ₹4,663 Cr (Surplus); surplus rank #77 of 12657 HSN codes - Share of Sub-Chapter 7202: 21.99% of its exports; import side 1.67% - Rank within Sub-Chapter 7202: #2 of 25 by export value; import-side #10 ### Key metrics - Export CAGR: -5.09% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #101 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +52.05% in FY 2021-22 - Contribution to Sub-Ch. 7202: 21.99% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72024100 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7202 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7202 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 6,594.77 | 0.2886% | — | 44.08% | 245.45 | 0.0068% | — | 3.24% | +6,349.32 | #35 | | FY 2019-20 | 4,824.31 | 0.2192% | −26.85% | 40.85% | 228.43 | 0.0068% | −6.93% | 3.60% | +4,595.88 | #57 | | FY 2020-21 | 4,967.53 | 0.2310% | +2.97% | 38.89% | 254.52 | 0.0087% | +11.42% | 4.60% | +4,713.01 | #57 | | FY 2021-22 | 7,552.90 | 0.2407% | +52.05% | 27.85% | 506.39 | 0.0111% | +98.96% | 4.11% | +7,046.51 | #49 | | FY 2022-23 | 7,954.04 | 0.2197% | +5.31% | 29.52% | 486.56 | 0.0085% | −3.92% | 4.96% | +7,467.48 | #49 | | FY 2023-24 | 7,950.50 | 0.2197% | −0.04% | 33.64% | 415.57 | 0.0074% | −14.59% | 4.75% | +7,534.93 | #52 | | FY 2024-25 | 4,818.98 | 0.1309% | −39.39% | 21.99% | 155.63 | 0.0026% | −62.55% | 1.67% | +4,663.35 | #101 | - CAGR (7-year): exports -5.09%/yr, imports -7.31%/yr (consistently Surplus) ## Key trade insights: HSN Code 72024100 export-import analysis ### Export decline: -5.09% CAGR over 7 years India's exports under HSN Code 72024100 have declined at a compound annual rate of -5.09% over 7 fiscal years, falling from ₹6,594.77 Crore in FY 2018-19 to ₹4,818.98 Crore in FY 2024-25. ### HSN Code 72024100 ranked #101 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72024100 ranks #101 out of 12657 HSN codes by total export value. Within Sub-Chapter 7202, it ranks #2 of 25. By trade surplus, it ranks #77 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72024100 exports The strongest single-year export movement for HSN Code 72024100 was recorded in FY 2021-22, when exports surged by 52.05% over the prior year. ### India maintains a trade surplus of ₹4,663.35 Crore in HSN Code 72024100 goods In FY 2024-25, India's exports of ₹4,818.98 Cr exceeded imports of ₹155.63 Cr, resulting in a trade surplus of ₹4,663.35 Crore — ranking #77 of 12657 by surplus magnitude. ### Import growth of -7.31% CAGR signals stable import dependency for Tubes and Pipes of Cast Iron India's imports under HSN Code 72024100 have grown at -7.31% CAGR, reaching ₹155.63 Crore in FY 2024-25. ### HSN Code 72024100 contributes 21.99% of Sub-Chapter 7202 exports — ranked #2 Among the 25 HSN codes under Sub-Chapter 7202, HSN Code 72024100 ranks #2 by export value — accounting for 21.99% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.67% share (rank #10). ## Related HSN Codes in Sub-Chapter 7202 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72023000: Iron Tubes and Pipes](https://busy.in/hsn/hsn-72023000/) | ₹8,619 Cr | | #2 | HSN Code 72024100: Tubes and Pipes of Cast Iron (this hsn code) | ₹4,819 Cr | | #3 | [HSN Code 72021100: Non-Alloyed Hot-Rolled Iron](https://busy.in/hsn/hsn-72021100/) | ₹4,716 Cr | | #4 | [HSN Code 72021900: Alloy Hot-Rolled Iron](https://busy.in/hsn/hsn-72021900/) | ₹2,009 Cr | | #5 | [HSN Code 72024900: Other Cast Iron Tubes and Pipes](https://busy.in/hsn/hsn-72024900/) | ₹680 Cr | | #6 | [HSN Code 72022100: Non-Alloyed Cold-Rolled Iron](https://busy.in/hsn/hsn-72022100/) | ₹376 Cr | | #7 | [HSN Code 72027000: Other Flat-Rolled Iron and Steel](https://busy.in/hsn/hsn-72027000/) | ₹315 Cr | | #8 | [HSN Code 72029922: Cold-Rolled Steel Strip - Alloy](https://busy.in/hsn/hsn-72029922/) | ₹122 Cr | | #9 | [HSN Code 72029100: Cold-Rolled Flat Iron and Steel](https://busy.in/hsn/hsn-72029100/) | ₹106 Cr | | #10 | [HSN Code 72022900: Alloy Cold-Rolled Iron](https://busy.in/hsn/hsn-72022900/) | ₹53 Cr |