--- title: "HSN Code for Other Cast Iron Tubes and Pipes | HSN 72024900 GST Rate" description: "Find HSN and GST Rates for 72024900 related to Other Cast Iron Tubes and Pipes with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72024900/" --- # HSN Code 72024900: Other Cast Iron Tubes and Pipes - [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 : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72024900 ? It includes Other Flat-Rolled Iron and Steel ### Can we claim ITC on inputs used to trade Other Cast Iron Tubes and Pipes? 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 Other Cast Iron Tubes and Pipes is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Cast Iron Tubes and Pipes; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Other Cast Iron Tubes and Pipes? 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. ### How much GST applies to Other Cast Iron Tubes and Pipes? Under HSN 72024900, Other Cast Iron Tubes and Pipes attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Other Cast Iron Tubes and Pipes? 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. ## India's trade performance: HSN Code 72024900 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹680 Cr (−22.44% YoY) — 0.0185% of India's total exports - Imports: ₹99 Cr (−49.21% YoY) — 0.0016% of India's total imports - Trade balance: ₹581 Cr (Surplus); surplus rank #551 of 12657 HSN codes - Share of Sub-Chapter 7202: 3.10% of its exports; import side 1.06% - Rank within Sub-Chapter 7202: #5 of 25 by export value; import-side #13 ### Key metrics - Export CAGR: 49.25% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #755 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +417.64% in FY 2021-22 - Contribution to Sub-Ch. 7202: 3.10% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72024900 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 | 61.55 | 0.0027% | — | 0.41% | 313.96 | 0.0088% | — | 4.15% | −252.41 | #2583 | | FY 2019-20 | 55.19 | 0.0025% | −10.33% | 0.47% | 160.95 | 0.0048% | −48.74% | 2.54% | −105.76 | #2743 | | FY 2020-21 | 26.47 | 0.0012% | −52.04% | 0.21% | 235.21 | 0.0081% | +46.14% | 4.25% | −208.74 | #3830 | | FY 2021-22 | 137.02 | 0.0044% | +417.64% | 0.51% | 329.70 | 0.0072% | +40.17% | 2.67% | −192.68 | #2045 | | FY 2022-23 | 351.00 | 0.0097% | +156.17% | 1.30% | 270.81 | 0.0047% | −17.86% | 2.76% | +80.19 | #1198 | | FY 2023-24 | 877.13 | 0.0242% | +149.89% | 3.71% | 194.90 | 0.0035% | −28.03% | 2.23% | +682.23 | #569 | | FY 2024-25 | 680.33 | 0.0185% | −22.44% | 3.10% | 98.99 | 0.0016% | −49.21% | 1.06% | +581.34 | #755 | - CAGR (7-year): exports 49.25%/yr, imports -17.50%/yr (consistently Surplus) ## Key trade insights: HSN Code 72024900 export-import analysis ### Consistent export growth: 49.25% CAGR over 7 years India's exports under HSN Code 72024900 have grown at a compound annual rate of 49.25% over 7 fiscal years, rising from ₹61.55 Crore in FY 2018-19 to ₹680.33 Crore in FY 2024-25. ### HSN Code 72024900 ranked #755 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72024900 ranks #755 out of 12657 HSN codes by total export value. Within Sub-Chapter 7202, it ranks #5 of 25. By trade surplus, it ranks #551 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72024900 exports The strongest single-year export movement for HSN Code 72024900 was recorded in FY 2021-22, when exports surged by 417.64% over the prior year. ### India maintains a trade surplus of ₹581.34 Crore in HSN Code 72024900 goods In FY 2024-25, India's exports of ₹680.33 Cr exceeded imports of ₹98.99 Cr, resulting in a trade surplus of ₹581.34 Crore — ranking #551 of 12657 by surplus magnitude. ### Import growth of -17.50% CAGR signals stable import dependency for Other Cast Iron Tubes and Pipes India's imports under HSN Code 72024900 have grown at -17.50% CAGR, reaching ₹98.99 Crore in FY 2024-25. ### HSN Code 72024900 contributes 3.10% of Sub-Chapter 7202 exports — ranked #5 Among the 25 HSN codes under Sub-Chapter 7202, HSN Code 72024900 ranks #5 by export value — accounting for 3.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.06% share (rank #13). ## 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](https://busy.in/hsn/hsn-72024100/) | ₹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 (this hsn code) | ₹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 |