--- title: "HSN Code for Cold-Rolled Flat Iron and Steel | HSN 72029100 GST Rate" description: "Find HSN and GST Rates for 72029100 related to Cold-Rolled Flat Iron and Steel with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72029100/" --- # HSN Code 72029100: Cold-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 | | --- | --- | --- | --- | --- | | Other : Ferro-titanium and Ferro-silico-titanium | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72029100 ? It includes Hot-Rolled Steel Coil - Non Alloy ### Do e‑way bill and e‑invoice apply for Cold-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. ### Can we claim ITC on inputs used to trade Cold-Rolled Flat Iron and Steel? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Cold-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 much GST applies to Cold-Rolled Flat Iron and Steel? Under HSN 72029100, Cold-Rolled Flat Iron and Steel attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Cold-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 72029100 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹106 Cr (+47.86% YoY) — 0.0029% of India's total exports - Imports: ₹21 Cr (−60.32% YoY) — 0.0003% of India's total imports - Trade balance: ₹85 Cr (Surplus); surplus rank #1717 of 12657 HSN codes - Share of Sub-Chapter 7202: 0.49% of its exports; import side 0.23% - Rank within Sub-Chapter 7202: #9 of 25 by export value; import-side #16 ### Key metrics - Export CAGR: 24.57% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2581 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +138.46% in FY 2019-20 - Contribution to Sub-Ch. 7202: 0.49% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72029100 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 | 28.47 | 0.0012% | — | 0.19% | 40.90 | 0.0011% | — | 0.54% | −12.43 | #3637 | | FY 2019-20 | 67.89 | 0.0031% | +138.46% | 0.57% | 29.98 | 0.0009% | −26.70% | 0.47% | +37.91 | #2482 | | FY 2020-21 | 56.71 | 0.0026% | −16.47% | 0.44% | 10.96 | 0.0004% | −63.44% | 0.20% | +45.75 | #2750 | | FY 2021-22 | 68.91 | 0.0022% | +21.51% | 0.25% | 30.05 | 0.0007% | +174.18% | 0.24% | +38.86 | #2895 | | FY 2022-23 | 90.97 | 0.0025% | +32.01% | 0.34% | 25.23 | 0.0004% | −16.04% | 0.26% | +65.74 | #2664 | | FY 2023-24 | 71.94 | 0.0020% | −20.92% | 0.30% | 53.03 | 0.0009% | +110.19% | 0.61% | +18.91 | #3038 | | FY 2024-25 | 106.37 | 0.0029% | +47.86% | 0.49% | 21.04 | 0.0003% | −60.32% | 0.23% | +85.33 | #2581 | - CAGR (7-year): exports 24.57%/yr, imports -10.49%/yr (consistently Surplus) ## Key trade insights: HSN Code 72029100 export-import analysis ### Consistent export growth: 24.57% CAGR over 7 years India's exports under HSN Code 72029100 have grown at a compound annual rate of 24.57% over 7 fiscal years, rising from ₹28.47 Crore in FY 2018-19 to ₹106.37 Crore in FY 2024-25. ### HSN Code 72029100 ranked #2581 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72029100 ranks #2581 out of 12657 HSN codes by total export value. Within Sub-Chapter 7202, it ranks #9 of 25. By trade surplus, it ranks #1717 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 72029100 exports The strongest single-year export movement for HSN Code 72029100 was recorded in FY 2019-20, when exports surged by 138.46% over the prior year. ### India maintains a trade surplus of ₹85.33 Crore in HSN Code 72029100 goods In FY 2024-25, India's exports of ₹106.37 Cr exceeded imports of ₹21.04 Cr, resulting in a trade surplus of ₹85.33 Crore — ranking #1717 of 12657 by surplus magnitude. ### Import growth of -10.49% CAGR signals stable import dependency for Cold-Rolled Flat Iron and Steel India's imports under HSN Code 72029100 have grown at -10.49% CAGR, reaching ₹21.04 Crore in FY 2024-25. ### HSN Code 72029100 contributes 0.49% of Sub-Chapter 7202 exports — ranked #9 Among the 25 HSN codes under Sub-Chapter 7202, HSN Code 72029100 ranks #9 by export value — accounting for 0.49% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.23% share (rank #16). ## 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 (this hsn code) | ₹106 Cr | | #10 | [HSN Code 72022900: Alloy Cold-Rolled Iron](https://busy.in/hsn/hsn-72022900/) | ₹53 Cr |