HSN Code 72029911: Hot-Rolled Steel Coil - Non Alloy
HSN Code 72029911 represents Hot-Rolled Steel Coil - Non Alloy under GST classification. This code helps businesses identify Hot-Rolled Steel Coil - Non Alloy correctly for billing, taxation, and trade. With HSN Code 72029911, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-Rolled Steel Coil - Non Alloy.
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Description of Goods for HSN Code 72029911
HSN Code 72029911 relates to the following description.
What does HSN Code 72029911 not include?
Hot-Rolled Steel Coil - Non Alloy does not include products with the following descriptions.
Ferro-manganese : Containing by weight more than 2% of carbon
Ferro-manganese : Other
Ferro-silicon : Containing by weight more than 55% of silicon
Ferro-silicon : Other
Ferro-silico-manganese
Ferro-chromium : Containing by weight more than 4% of carbon
Ferro-chromium : Other
Ferro-silico-chromium
Ferro-nickel
Ferro-molybdenum
Ferro tungsten and ferro-silico-tungsten
Other : Ferro-titanium and Ferro-silico-titanium
Other : Ferro-vanadium
Other : Ferro-niobium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-selenium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-cobalt
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-columbium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-zirconium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-tantalum
Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-zirconium
Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-magnesium
Other : Other : Ferro-boron, charge-chrome : Ferro-boron
Other : Other : Ferro-boron, charge-chrome : Charge-chrome
Other : Other : Ferro-boron, charge-chrome : Other
Ferro-manganese : Containing by weight more than 2% of carbon
Ferro-manganese : Other
Ferro-silicon : Containing by weight more than 55% of silicon
Ferro-silicon : Other
Ferro-silico-manganese
Ferro-chromium : Containing by weight more than 4% of carbon
Ferro-chromium : Other
Ferro-silico-chromium
Ferro-nickel
Ferro-molybdenum
Ferro tungsten and ferro-silico-tungsten
Other : Ferro-titanium and Ferro-silico-titanium
Other : Ferro-vanadium
Other : Ferro-niobium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-selenium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-cobalt
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-columbium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-zirconium
Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-tantalum
Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-zirconium
Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-magnesium
Other : Other : Ferro-boron, charge-chrome : Ferro-boron
Other : Other : Ferro-boron, charge-chrome : Charge-chrome
Other : Other : Ferro-boron, charge-chrome : Other
India’s Trade Performance — HSN Code 72029911 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹12 Cr
0.0002% of India’s total imports
Trade Balance
FY 2024-25−₹12 Cr
Surplus rank #9164 of 12657 HSN codes
% of Sub-Chapter 7202
FY 2024-250.00%
Share of Sub-Chapter 7202’s total exports in FY 2024-25
Import side: 0.13% of Sub-Chapter 7202’s imports
Rank Within Sub-Chapter 7202
FY 2024-25#15 of 25
Position by export value among HSN codes in Sub-Chapter 7202
Import-side rank: #18 of 25
At a glance
−9.17%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8289
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+52.73%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.00%
Contribution to Sub-Ch. 7202
Share of Sub-Chapter 7202 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
−8.51
Exports
1.71 ₹ Cr
0.0001% share
— YoY
0.01% of Sub-Ch. 7202
Imports
10.22 ₹ Cr
0.0003% share
— YoY
0.13% of Sub-Ch. 7202
Balance
−6.05
Exports
1.09 ₹ Cr
0.0000% share
−36.26% YoY
0.01% of Sub-Ch. 7202
Imports
7.14 ₹ Cr
0.0002% share
−30.14% YoY
0.11% of Sub-Ch. 7202
Balance
−4.42
Exports
1.10 ₹ Cr
0.0001% share
+0.92% YoY
0.01% of Sub-Ch. 7202
Imports
5.52 ₹ Cr
0.0002% share
−22.69% YoY
0.10% of Sub-Ch. 7202
Balance
−13.17
Exports
1.68 ₹ Cr
0.0001% share
+52.73% YoY
0.01% of Sub-Ch. 7202
Imports
14.85 ₹ Cr
0.0003% share
+169.02% YoY
0.12% of Sub-Ch. 7202
Balance
−12.16
Exports
1.49 ₹ Cr
0.0000% share
−11.31% YoY
0.01% of Sub-Ch. 7202
Imports
13.65 ₹ Cr
0.0002% share
−8.08% YoY
0.14% of Sub-Ch. 7202
Balance
−7.76
Exports
1.31 ₹ Cr
0.0000% share
−12.08% YoY
0.01% of Sub-Ch. 7202
Imports
9.07 ₹ Cr
0.0002% share
−33.55% YoY
0.10% of Sub-Ch. 7202
Balance
−11.53
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−26.72% YoY
0.00% of Sub-Ch. 7202
Imports
12.49 ₹ Cr
0.0002% share
+37.71% YoY
0.13% of Sub-Ch. 7202
CAGR · 7-Year
Exports
−9.17% /yr
Imports
3.40% /yr
reference, FY 2024-25
Export
₹21,917.07 Cr
Import
₹9,295.91 Cr
Trade Balance
+12,621.16
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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 72029911 and GST compliance.
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.