---
title: "HSN Code for Hot-Rolled Flat Iron and Steel | HSN 72028000 GST Rate"
description: "Find HSN and GST Rates for 72028000 related to Hot-Rolled Flat Iron and Steel with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72028000/"
---

# HSN Code 72028000: Hot-Rolled Flat 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 tungsten and ferro-silico-tungsten | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72028000 ?

It includes Alloy Cold-Rolled Flat Iron and Steel

### Any common misclassification issue with Hot-Rolled Flat 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.

### How should mixed supplies be billed when Hot-Rolled Flat 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 Hot-Rolled Flat Iron and Steel; Nil for exempt items if applicable).

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

Under HSN 72028000, Hot-Rolled Flat 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 Hot-Rolled Flat 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.

### Does packaging or labelling change the GST for Hot-Rolled Flat 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.

## India's trade performance: HSN Code 72028000 (FY 2024-25)

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

- Exports: ₹3 Cr (+630.23% YoY) — 0.0001% of India's total exports
- Imports: ₹12 Cr (−7.32% YoY) — 0.0002% of India's total imports
- Trade balance: −₹8 Cr (Deficit); surplus rank #8941 of 12657 HSN codes
- Share of Sub-Chapter 7202: 0.01% of its exports; import side 0.12%
- Rank within Sub-Chapter 7202: #14 of 25 by export value; import-side #19

### Key metrics

- Export CAGR: 30.35% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7146 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +630.23% in FY 2024-25
- Contribution to Sub-Ch. 7202: 0.01% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72028000

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% | 6.52 | 0.0002% | — | 0.09% | −5.88 | #7984 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −81.25% | 0.00% | < ₹1 Crore | 0.0000% | −85.74% | 0.01% | −0.81 | #9094 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −8.33% | 0.00% | 2.33 | 0.0001% | +150.54% | 0.04% | −2.22 | #9183 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | +300.00% | 0.00% | < ₹1 Crore | 0.0000% | −78.97% | 0.00% | −0.05 | #8658 |
| FY 2022-23 | 1.07 | 0.0000% | +143.18% | 0.00% | 7.18 | 0.0001% | +1,365.31% | 0.07% | −6.11 | #8042 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −59.81% | 0.00% | 12.44 | 0.0002% | +73.26% | 0.14% | −12.01 | #8919 |
| FY 2024-25 | 3.14 | 0.0001% | +630.23% | 0.01% | 11.53 | 0.0002% | −7.32% | 0.12% | −8.39 | #7146 |

- CAGR (7-year): exports 30.35%/yr, imports 9.97%/yr (consistently Deficit)

## Key trade insights: HSN Code 72028000 export-import analysis

### Consistent export growth: 30.35% CAGR over 7 years

India's exports under HSN Code 72028000 have grown at a compound annual rate of 30.35% over 7 fiscal years, rising from ₹0.64 Crore in FY 2018-19 to ₹3.14 Crore in FY 2024-25.

### HSN Code 72028000 ranked #7146 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72028000 ranks #7146 out of 12657 HSN codes by total export value. Within Sub-Chapter 7202, it ranks #14 of 25. By trade surplus, it ranks #8941 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 72028000 exports

The strongest single-year export movement for HSN Code 72028000 was recorded in FY 2024-25, when exports surged by 630.23% over the prior year.

### India records a trade deficit of ₹8.39 Crore in HSN Code 72028000 goods

In FY 2024-25, India's imports of ₹11.53 Cr exceeded exports of ₹3.14 Cr, resulting in a trade deficit of ₹8.39 Crore — ranking #8941 of 12657 by surplus magnitude.

### Import growth of 9.97% CAGR signals stable import dependency for Hot-Rolled Flat Iron and Steel

India's imports under HSN Code 72028000 have grown at 9.97% CAGR, reaching ₹11.53 Crore in FY 2024-25.

### HSN Code 72028000 contributes 0.01% of Sub-Chapter 7202 exports — ranked #14

Among the 25 HSN codes under Sub-Chapter 7202, HSN Code 72028000 ranks #14 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.12% share (rank #19).

## 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 |
| #14 | HSN Code 72028000: Hot-Rolled Flat Iron and Steel (this hsn code) | ₹3 Cr |