---
title: "HSN Code for Flat-Rolled Iron and Steel | HSN 72026000 GST Rate"
description: "Find HSN and GST Rates for 72026000 related to Flat-Rolled Iron and Steel with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72026000/"
---

# HSN Code 72026000: Flat-Rolled Iron and Steel

- [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-nickel | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72026000 ?

It includes Cold-Rolled Flat Iron and Steel

### Does packaging or labelling change the GST for Flat-Rolled Iron and Steel?

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.

### How much GST applies to Flat-Rolled Iron and Steel?

Under HSN 72026000, Flat-Rolled Iron and Steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Do e‑way bill and e‑invoice apply for Flat-Rolled Iron and Steel?

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 should mixed supplies be billed when Flat-Rolled Iron and Steel is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Flat-Rolled Iron and Steel; Nil for exempt items if applicable).

### Any common misclassification issue with Flat-Rolled Iron and Steel?

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 72026000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (−99.96% YoY) — 0.0000% of India's total exports
- Imports: ₹3,438 Cr (+45.83% YoY) — 0.0566% of India's total imports
- Trade balance: −₹3,438 Cr (Deficit); surplus rank #12511 of 12657 HSN codes
- Share of Sub-Chapter 7202: 0.00% of its exports; import side 36.99%
- Rank within Sub-Chapter 7202: #19 of 25 by export value; import-side #1

### Key metrics

- Export CAGR: 63.35% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #9447 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +2,62,265.00% in FY 2023-24
- Contribution to Sub-Ch. 7202: 0.00% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72026000

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 | < ₹1 Crore | 0.0000% | — | 0.00% | 2,431.98 | 0.0678% | — | 32.11% | −2,431.97 | #9921 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | +100.00% | 0.00% | 2,503.66 | 0.0748% | +2.95% | 39.47% | −2,503.64 | #9717 |
| FY 2020-21 | 6.51 | 0.0003% | +32,450.00% | 0.05% | 1,687.59 | 0.0579% | −32.60% | 30.51% | −1,681.08 | #5613 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −95.70% | 0.00% | 5,589.02 | 0.1223% | +231.18% | 45.31% | −5,588.74 | #8985 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −28.57% | 0.00% | 2,046.76 | 0.0356% | −63.38% | 20.87% | −2,046.56 | #9286 |
| FY 2023-24 | 524.73 | 0.0145% | +2,62,265.00% | 2.22% | 2,357.56 | 0.0420% | +15.19% | 26.92% | −1,832.83 | #923 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −99.96% | 0.00% | 3,438.10 | 0.0566% | +45.83% | 36.99% | −3,437.91 | #9447 |

- CAGR (7-year): exports 63.35%/yr, imports 5.94%/yr (consistently Deficit)

## Key trade insights: HSN Code 72026000 export-import analysis

### Consistent export growth: 63.35% CAGR over 7 years

India's exports under HSN Code 72026000 have grown at a compound annual rate of 63.35% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.19 Crore in FY 2024-25.

### HSN Code 72026000 ranked #9447 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72026000 ranks #9447 out of 12657 HSN codes by total export value. Within Sub-Chapter 7202, it ranks #19 of 25. By trade surplus, it ranks #12511 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 72026000 exports

The strongest single-year export movement for HSN Code 72026000 was recorded in FY 2023-24, when exports surged by 2,62,265.00% over the prior year.

### India records a trade deficit of ₹3,437.91 Crore in HSN Code 72026000 goods

In FY 2024-25, India's imports of ₹3,438.10 Cr exceeded exports of ₹0.19 Cr, resulting in a trade deficit of ₹3,437.91 Crore — ranking #12511 of 12657 by surplus magnitude.

### Import growth of 5.94% CAGR signals stable import dependency for Flat-Rolled Iron and Steel

India's imports under HSN Code 72026000 have grown at 5.94% CAGR, reaching ₹3,438.10 Crore in FY 2024-25.

### HSN Code 72026000 contributes 0.00% of Sub-Chapter 7202 exports — ranked #19

Among the 25 HSN codes under Sub-Chapter 7202, HSN Code 72026000 ranks #19 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 36.99% share (rank #1).

## 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](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 |
| #19 | HSN Code 72026000: Flat-Rolled Iron and Steel (this hsn code) | < ₹1 Crore |