--- title: "HSN Code for Hot-Rolled Steel Coil - Alloy | HSN 72029912 GST Rate" description: "Find HSN and GST Rates for 72029912 related to Hot-Rolled Steel Coil - Alloy with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72029912/" --- # HSN Code 72029912: Hot-Rolled Steel Coil - 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-selenium | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72029912 ? It includes Hot-Rolled Steel Strip - Non Alloy ### Any common misclassification issue with Hot-Rolled Steel Coil - Alloy? 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 Hot-Rolled Steel Coil - Alloy? Under HSN 72029912, Hot-Rolled Steel Coil - Alloy attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Hot-Rolled Steel Coil - 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 should mixed supplies be billed when Hot-Rolled Steel Coil - 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 - Alloy; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Hot-Rolled Steel Coil - 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. ### Does packaging or labelling change the GST for Hot-Rolled Steel Coil - Alloy? 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 72029912 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+14.29% YoY) — 0.0000% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5298 of 12657 HSN codes - Share of Sub-Chapter 7202: 0.00% of its exports; import side 0.00% - Rank within Sub-Chapter 7202: #21 of 25 by export value ### Key metrics - Export CAGR: -1.94% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9843 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +270.00% in FY 2021-22 - Contribution to Sub-Ch. 7202: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72029912 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% | Nil | 0.0000% | — | 0.00% | +0.09 | #9231 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +55.56% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.14 | #9016 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −28.57% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.10 | #9236 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +270.00% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.37 | #8788 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −81.08% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.07 | #9782 | | FY 2023-24 | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.07 | #9929 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +14.29% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.08 | #9843 | - CAGR (7-year): exports -1.94%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 72029912 export-import analysis ### Export decline: -1.94% CAGR over 7 years India's exports under HSN Code 72029912 have declined at a compound annual rate of -1.94% over 7 fiscal years, falling from ₹0.09 Crore in FY 2018-19 to ₹0.08 Crore in FY 2024-25. ### HSN Code 72029912 ranked #9843 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72029912 ranks #9843 out of 12657 HSN codes by total export value. Within Sub-Chapter 7202, it ranks #21 of 25. By trade surplus, it ranks #5298 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72029912 exports The strongest single-year export movement for HSN Code 72029912 was recorded in FY 2021-22, when exports surged by 270.00% over the prior year. ### India maintains a trade surplus of ₹0.08 Crore in HSN Code 72029912 goods In FY 2024-25, India's exports of ₹0.08 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.08 Crore — ranking #5298 of 12657 by surplus magnitude. ### HSN Code 72029912 contributes 0.00% of Sub-Chapter 7202 exports — ranked #21 Among the 25 HSN codes under Sub-Chapter 7202, HSN Code 72029912 ranks #21 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## 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 | | #21 | HSN Code 72029912: Hot-Rolled Steel Coil - Alloy (this hsn code) | < ₹1 Crore |