HSN Code 72029932: Charge-Chrome Ferro-Boron Alloy

HSN Code 72029932 represents Charge-Chrome Ferro-Boron Alloy under GST classification. This code helps businesses identify Charge-Chrome Ferro-Boron Alloy correctly for billing, taxation, and trade. With HSN Code 72029932, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Charge-Chrome Ferro-Boron Alloy.

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Description of Goods for HSN Code 72029932

HSN Code 72029932 relates to the following description.

Description of Goods

Other : Other : Ferro-boron, charge-chrome : Charge-chrome

Chapter

72 - Iron and steel

Sub Chapter

7202 - Ferro-alloys

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72029932 not include?

Charge-Chrome Ferro-Boron Alloy does not include products with the following descriptions.

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

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

India’s Trade Performance — HSN Code 72029932 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹257 Cr

+89.93% vs FY 2023-24

0.0042% of India’s total imports

Trade Balance

FY 2024-25

−₹257 Cr

Trade Deficit

Surplus rank #11495 of 12657 HSN codes

% of Sub-Chapter 7202

FY 2024-25

0.00%

Share of Sub-Chapter 7202’s total exports in FY 2024-25

Import side: 2.76% of Sub-Chapter 7202’s imports

At a glance

−100.00%

Peak Growth Year

FY 2019-20 · 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 72029932

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #9921

Balance

−144.60

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7202

Imports

144.61 ₹ Cr

0.0040% share

YoY

1.91% of Sub-Ch. 7202

FY 2019-20

Balance

−32.81

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7202

Imports

32.81 ₹ Cr

0.0010% share

−77.31% YoY

0.52% of Sub-Ch. 7202

FY 2020-21

Balance

−74.14

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7202

Imports

74.14 ₹ Cr

0.0025% share

+125.97% YoY

1.34% of Sub-Ch. 7202

FY 2021-22

Balance

−76.93

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7202

Imports

76.93 ₹ Cr

0.0017% share

+3.76% YoY

0.62% of Sub-Ch. 7202

FY 2022-23

Balance

−15.13

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7202

Imports

15.13 ₹ Cr

0.0003% share

−80.33% YoY

0.15% of Sub-Ch. 7202

FY 2023-24

Balance

−135.09

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7202

Imports

135.09 ₹ Cr

0.0024% share

+792.86% YoY

1.54% of Sub-Ch. 7202

FY 2024-25

Balance

−256.58

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7202

Imports

256.58 ₹ Cr

0.0042% share

+89.93% YoY

2.76% of Sub-Ch. 7202

CAGR · 7-Year

Exports

Imports

10.03% /yr

Consistently Deficit
Sub-Chapter 7202 total

reference, FY 2024-25

Export

₹21,917.07 Cr

Import

₹9,295.91 Cr

Trade Balance

+12,621.16

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

Key Trade Insights: HSN Code 72029932 Export-Import Analysis

Export Snapshot for HSN Code 72029932

India exported ₹0.00 Crore worth of Charge-Chrome Ferro-Boron Alloy in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2019-20 Was the Strongest Growth Year for HSN Code 72029932 Exports

The strongest single-year export movement for HSN Code 72029932 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹256.58 Crore in HSN Code 72029932 Goods

In FY 2024-25, India's imports of ₹256.58 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹256.58 Crore — ranking #11495 of 12657 by surplus magnitude.

Import Growth of 10.03% CAGR Signals Rising Demand for Charge-Chrome Ferro-Boron Alloy

India's imports under HSN Code 72029932 have grown at 10.03% CAGR, reaching ₹256.58 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72029932 and GST compliance.

What products are classified under HSN 72029932 ?

It includes Other Ferrous Products from Iron Ore

Any common misclassification issue with Charge-Chrome Ferro-Boron 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 Charge-Chrome Ferro-Boron 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 Charge-Chrome Ferro-Boron 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.

How much GST applies to Charge-Chrome Ferro-Boron Alloy?

Under HSN 72029932, Charge-Chrome Ferro-Boron Alloy attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Charge-Chrome Ferro-Boron 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 Charge-Chrome Ferro-Boron Alloy is sold with other items?

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

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.