---
title: "HSN Code for Hot-Rolled Steel Coil - Non Alloy | HSN 72029911 GST Rate"
description: "Find HSN and GST Rates for 72029911 related to Hot-Rolled Steel Coil - Non Alloy with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72029911/"
---

# HSN Code 72029911: Hot-Rolled Steel Coil - Non Alloy

- [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 : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-phosphorus | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72029911 ?

It includes Cold-Rolled Steel Coil - Alloy

### Can we claim ITC on inputs used to trade Hot-Rolled Steel Coil - Non Alloy?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### How much GST applies to Hot-Rolled Steel Coil - Non Alloy?

Under HSN 72029911, Hot-Rolled Steel Coil - Non Alloy attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Hot-Rolled Steel Coil - Non Alloy is sold with other items?

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

### Any common misclassification issue with Hot-Rolled Steel Coil - Non Alloy?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### Do e‑way bill and e‑invoice apply for Hot-Rolled Steel Coil - Non Alloy?

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.

## India's trade performance: HSN Code 72029911 (FY 2024-25)

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

- Exports: < ₹1 Crore (−26.72% YoY) — 0.0000% of India's total exports
- Imports: ₹12 Cr (+37.71% YoY) — 0.0002% of India's total imports
- Trade balance: −₹12 Cr (Deficit); surplus rank #9164 of 12657 HSN codes
- Share of Sub-Chapter 7202: 0.00% of its exports; import side 0.13%
- Rank within Sub-Chapter 7202: #15 of 25 by export value; import-side #18

### Key metrics

- Export CAGR: -9.17% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8289 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +52.73% in FY 2021-22
- Contribution to Sub-Ch. 7202: 0.00% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72029911

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 | 1.71 | 0.0001% | — | 0.01% | 10.22 | 0.0003% | — | 0.13% | −8.51 | #7114 |
| FY 2019-20 | 1.09 | 0.0000% | −36.26% | 0.01% | 7.14 | 0.0002% | −30.14% | 0.11% | −6.05 | #7522 |
| FY 2020-21 | 1.10 | 0.0001% | +0.92% | 0.01% | 5.52 | 0.0002% | −22.69% | 0.10% | −4.42 | #7587 |
| FY 2021-22 | 1.68 | 0.0001% | +52.73% | 0.01% | 14.85 | 0.0003% | +169.02% | 0.12% | −13.17 | #7497 |
| FY 2022-23 | 1.49 | 0.0000% | −11.31% | 0.01% | 13.65 | 0.0002% | −8.08% | 0.14% | −12.16 | #7745 |
| FY 2023-24 | 1.31 | 0.0000% | −12.08% | 0.01% | 9.07 | 0.0002% | −33.55% | 0.10% | −7.76 | #7981 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −26.72% | 0.00% | 12.49 | 0.0002% | +37.71% | 0.13% | −11.53 | #8289 |

- CAGR (7-year): exports -9.17%/yr, imports 3.40%/yr (consistently Deficit)

## Key trade insights: HSN Code 72029911 export-import analysis

### Export decline: -9.17% CAGR over 7 years

India's exports under HSN Code 72029911 have declined at a compound annual rate of -9.17% over 7 fiscal years, falling from ₹1.71 Crore in FY 2018-19 to ₹0.96 Crore in FY 2024-25.

### HSN Code 72029911 ranked #8289 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72029911 ranks #8289 out of 12657 HSN codes by total export value. Within Sub-Chapter 7202, it ranks #15 of 25. By trade surplus, it ranks #9164 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 72029911 exports

The strongest single-year export movement for HSN Code 72029911 was recorded in FY 2021-22, when exports surged by 52.73% over the prior year.

### India records a trade deficit of ₹11.53 Crore in HSN Code 72029911 goods

In FY 2024-25, India's imports of ₹12.49 Cr exceeded exports of ₹0.96 Cr, resulting in a trade deficit of ₹11.53 Crore — ranking #9164 of 12657 by surplus magnitude.

### Import growth of 3.40% CAGR signals stable import dependency for Hot-Rolled Steel Coil - Non Alloy

India's imports under HSN Code 72029911 have grown at 3.40% CAGR, reaching ₹12.49 Crore in FY 2024-25.

### HSN Code 72029911 contributes 0.00% of Sub-Chapter 7202 exports — ranked #15

Among the 25 HSN codes under Sub-Chapter 7202, HSN Code 72029911 ranks #15 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.13% share (rank #18).

## 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 |
| #15 | HSN Code 72029911: Hot-Rolled Steel Coil - Non Alloy (this hsn code) | < ₹1 Crore |