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HSN Code 72029921: Ferro-Silico-Zirconium

HSN Code 72029921 represents Ferro-Silico-Zirconium under GST classification. This code helps businesses identify Ferro-Silico-Zirconium correctly for billing, taxation, and trade. With HSN Code 72029921, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Ferro-Silico-Zirconium.

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Description of Goods for HSN Code 72029921

HSN Code 72029921 relates to the following description.

Description of Goods

Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-zirconium

Chapter

72 - Iron and steel

Sub Chapter

7202 - Ferro-alloys

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72029921 not include?

Ferro-Silico-Zirconium does not include products with the following descriptions.

HSN Code 72029911

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-phosphorus

HSN Code 72029912

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-selenium

HSN Code 72029913

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-cobalt

HSN Code 72029914

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-columbium

HSN Code 72029915

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-zirconium

HSN Code 72029916

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-tantalum

HSN Code 72029922

Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-magnesium

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India’s Trade Performance — HSN Code 72029921 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹5 Cr

+591.03% vs FY 2024-25

0.0001% of India’s total exports

India’s Imports

FY 2025-26

₹16 Cr

−18.20% vs FY 2024-25

0.0002% of India’s total imports

Trade Balance

FY 2025-26

−₹11 Cr

Trade Deficit

Surplus rank #9156 of 12872 HSN codes

% of Sub-Chapter 7202

FY 2025-26

0.02%

Share of Sub-Chapter 7202’s total exports in FY 2025-26

Import side: 0.20% of Sub-Chapter 7202’s imports

Rank Within Sub-Chapter 7202

FY 2025-26

#17 of 25

Position by export value among HSN codes in Sub-Chapter 7202

Import-side rank: #17 of 25

At a glance

66.81%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#6684

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+591.03%

Peak Growth Year

FY 2025-26 · strongest single-year move

0.02%

Contribution to Sub-Ch. 7202

Share of Sub-Chapter 7202 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 72029921

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #8982

Balance

−3.85

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7202

Imports

4.00 ₹ Cr

0.0001% share

— YoY

0.05% of Sub-Ch. 7202

FY 2019-20 Exp. Rank #8585

Balance

−3.83

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+93.33% YoY

0.00% of Sub-Ch. 7202

Imports

4.12 ₹ Cr

0.0001% share

+3.00% YoY

0.07% of Sub-Ch. 7202

FY 2020-21 Exp. Rank #9006

Balance

−4.96

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−44.83% YoY

0.00% of Sub-Ch. 7202

Imports

5.12 ₹ Cr

0.0002% share

+24.27% YoY

0.09% of Sub-Ch. 7202

FY 2021-22 Exp. Rank #8298

Balance

−8.91

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+343.75% YoY

0.00% of Sub-Ch. 7202

Imports

9.62 ₹ Cr

0.0002% share

+87.89% YoY

0.08% of Sub-Ch. 7202

FY 2022-23 Exp. Rank #8082

Balance

−15.20

Exports

1.02 ₹ Cr

0.0000% share

+43.66% YoY

0.00% of Sub-Ch. 7202

Imports

16.22 ₹ Cr

0.0003% share

+68.61% YoY

0.17% of Sub-Ch. 7202

FY 2023-24 Exp. Rank #8041

Balance

−10.37

Exports

1.25 ₹ Cr

0.0000% share

+22.55% YoY

0.01% of Sub-Ch. 7202

Imports

11.62 ₹ Cr

0.0002% share

−28.36% YoY

0.13% of Sub-Ch. 7202

FY 2024-25 Exp. Rank #8455

Balance

−18.78

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−37.60% YoY

0.00% of Sub-Ch. 7202

Imports

19.56 ₹ Cr

0.0003% share

+68.33% YoY

0.21% of Sub-Ch. 7202

FY 2025-26 Exp. Rank #6684

Balance

−10.61

Exports

5.39 ₹ Cr

0.0001% share

+591.03% YoY

0.02% of Sub-Ch. 7202

Imports

16.00 ₹ Cr

0.0002% share

−18.20% YoY

0.20% of Sub-Ch. 7202

CAGR · 8-Year

Exports

66.81% /yr

Imports

21.90% /yr

Consistently Deficit
Sub-Chapter 7202 total

reference, FY 2025-26

Export

₹25,580.83 Cr

Import

₹8,182.99 Cr

Trade Balance

+17,397.84

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72029921 Export-Import Analysis

Consistent Export Growth: 66.81% CAGR Over 8 Years

India's exports under HSN Code 72029921 have grown at a compound annual rate of 66.81% over 8 fiscal years, rising from ₹0.15 Crore in FY 2018-19 to ₹5.39 Crore in FY 2025-26.

HSN Code 72029921 Ranked #6684 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72029921 ranks #6684 out of 12872 HSN codes by total export value. Within Sub-Chapter 7202, it ranks #17 of 25. By trade surplus, it ranks #9156 of 12872.

FY 2025-26 Was the Strongest Growth Year for HSN Code 72029921 Exports

The strongest single-year export movement for HSN Code 72029921 was recorded in FY 2025-26, when exports surged by 591.03% over the prior year.

India Records a Trade Deficit of ₹10.61 Crore in HSN Code 72029921 Goods

In FY 2025-26, India's imports of ₹16.00 Cr exceeded exports of ₹5.39 Cr, resulting in a trade deficit of ₹10.61 Crore — ranking #9156 of 12872 by surplus magnitude.

Import Growth of 21.90% CAGR Signals Rising Demand for Ferro-Silico-Zirconium

India's imports under HSN Code 72029921 have grown at 21.90% CAGR, reaching ₹16.00 Crore in FY 2025-26.

HSN Code 72029921 Contributes 0.02% of Sub-Chapter 7202 Exports — Ranked #17

Among the 25 HSN codes under Sub-Chapter 7202, HSN Code 72029921 ranks #17 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.20% share (rank #17).

Frequently Asked Questions

Clear answers to common queries about HSN Code 72029921 and GST compliance.

What products are classified under HSN 72029921 ?

It includes Charge-Chrome Ferro-Boron Alloy

How should mixed supplies be billed when Ferro-Silico-Zirconium is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Ferro-Silico-Zirconium; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Ferro-Silico-Zirconium?

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 Ferro-Silico-Zirconium?

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.

Can we claim ITC on inputs used to trade Ferro-Silico-Zirconium?

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 Ferro-Silico-Zirconium?

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 Ferro-Silico-Zirconium?

Under HSN 72029921, Ferro-Silico-Zirconium attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.