--- title: "HSN Code for Other Cold-Rolled Flat Iron and Steel | HSN 72029200 GST Rate" description: "Find HSN and GST Rates for 72029200 related to Other 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-72029200/" --- # HSN Code 72029200: Other 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-vanadium | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72029200 ? It includes Hot-Rolled Steel Coil - Alloy ### Any common misclassification issue with Other 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 Other Cold-Rolled Flat Iron and Steel? Under HSN 72029200, Other 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 Other 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. ### Do e‑way bill and e‑invoice apply for Other 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. ### How should mixed supplies be billed when Other Cold-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 Other Cold-Rolled Flat Iron and Steel; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Other 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. ## India's trade performance: HSN Code 72029200 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹25 Cr (+264.94% YoY) — 0.0007% of India's total exports - Imports: ₹234 Cr (−7.12% YoY) — 0.0039% of India's total imports - Trade balance: −₹209 Cr (Deficit); surplus rank #11341 of 12657 HSN codes - Share of Sub-Chapter 7202: 0.12% of its exports; import side 2.52% - Rank within Sub-Chapter 7202: #13 of 25 by export value; import-side #7 ### Key metrics - Export CAGR: -28.12% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4555 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +264.94% in FY 2024-25 - Contribution to Sub-Ch. 7202: 0.12% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72029200 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 | 183.30 | 0.0080% | — | 1.23% | 288.14 | 0.0080% | — | 3.80% | −104.84 | #1396 | | FY 2019-20 | 88.36 | 0.0040% | −51.79% | 0.75% | 114.34 | 0.0034% | −60.32% | 1.80% | −25.98 | #2154 | | FY 2020-21 | 34.68 | 0.0016% | −60.75% | 0.27% | 61.38 | 0.0021% | −46.32% | 1.11% | −26.70 | #3452 | | FY 2021-22 | 35.32 | 0.0011% | +1.85% | 0.13% | 180.69 | 0.0040% | +194.38% | 1.46% | −145.37 | #3840 | | FY 2022-23 | 23.33 | 0.0006% | −33.95% | 0.09% | 279.52 | 0.0049% | +54.70% | 2.85% | −256.19 | #4492 | | FY 2023-24 | 6.93 | 0.0002% | −70.30% | 0.03% | 252.00 | 0.0045% | −9.85% | 2.88% | −245.07 | #6177 | | FY 2024-25 | 25.29 | 0.0007% | +264.94% | 0.12% | 234.07 | 0.0039% | −7.12% | 2.52% | −208.78 | #4555 | - CAGR (7-year): exports -28.12%/yr, imports -3.40%/yr (consistently Deficit) ## Key trade insights: HSN Code 72029200 export-import analysis ### Export decline: -28.12% CAGR over 7 years India's exports under HSN Code 72029200 have declined at a compound annual rate of -28.12% over 7 fiscal years, falling from ₹183.30 Crore in FY 2018-19 to ₹25.29 Crore in FY 2024-25. ### HSN Code 72029200 ranked #4555 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72029200 ranks #4555 out of 12657 HSN codes by total export value. Within Sub-Chapter 7202, it ranks #13 of 25. By trade surplus, it ranks #11341 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 72029200 exports The strongest single-year export movement for HSN Code 72029200 was recorded in FY 2024-25, when exports surged by 264.94% over the prior year. ### India records a trade deficit of ₹208.78 Crore in HSN Code 72029200 goods In FY 2024-25, India's imports of ₹234.07 Cr exceeded exports of ₹25.29 Cr, resulting in a trade deficit of ₹208.78 Crore — ranking #11341 of 12657 by surplus magnitude. ### Import growth of -3.40% CAGR signals stable import dependency for Other Cold-Rolled Flat Iron and Steel India's imports under HSN Code 72029200 have grown at -3.40% CAGR, reaching ₹234.07 Crore in FY 2024-25. ### HSN Code 72029200 contributes 0.12% of Sub-Chapter 7202 exports — ranked #13 Among the 25 HSN codes under Sub-Chapter 7202, HSN Code 72029200 ranks #13 by export value — accounting for 0.12% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.52% share (rank #7). ## 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 | | #13 | HSN Code 72029200: Other Cold-Rolled Flat Iron and Steel (this hsn code) | ₹25 Cr |