---
title: "HSN Code for Ferro-Boron Alloy | HSN 72029990 GST Rate"
description: "Find HSN and GST Rates for 72029990 related to Ferro-Boron Alloy with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72029990/"
---

# HSN Code 72029990: Ferro-Boron 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-boron, charge-chrome : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72029990 ?

It includes Waste and scrap of cast iron

### How should mixed supplies be billed when 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 Ferro-Boron Alloy; Nil for exempt items if applicable).

### Does packaging or labelling change the GST for 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.

### Can we claim ITC on inputs used to trade 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 much GST applies to Ferro-Boron Alloy?

Under HSN 72029990, Ferro-Boron Alloy attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Do e‑way bill and e‑invoice apply for 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.

## India's trade performance: HSN Code 72029990 (FY 2024-25)

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

- Exports: ₹39 Cr (+34.33% YoY) — 0.0011% of India's total exports
- Imports: ₹367 Cr (+10.65% YoY) — 0.0060% of India's total imports
- Trade balance: −₹328 Cr (Deficit); surplus rank #11641 of 12657 HSN codes
- Share of Sub-Chapter 7202: 0.18% of its exports; import side 3.95%
- Rank within Sub-Chapter 7202: #11 of 25 by export value; import-side #5

### Key metrics

- Export CAGR: -11.02% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #3966 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +54.17% in FY 2021-22
- Contribution to Sub-Ch. 7202: 0.18% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72029990

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 | 77.89 | 0.0034% | — | 0.52% | 50.52 | 0.0014% | — | 0.67% | +27.37 | #2298 |
| FY 2019-20 | 96.94 | 0.0044% | +24.46% | 0.82% | 37.96 | 0.0011% | −24.86% | 0.60% | +58.98 | #2051 |
| FY 2020-21 | 42.77 | 0.0020% | −55.88% | 0.33% | 78.73 | 0.0027% | +107.40% | 1.42% | −35.96 | #3154 |
| FY 2021-22 | 65.94 | 0.0021% | +54.17% | 0.24% | 225.86 | 0.0049% | +186.88% | 1.83% | −159.92 | #2970 |
| FY 2022-23 | 40.01 | 0.0011% | −39.32% | 0.15% | 192.12 | 0.0033% | −14.94% | 1.96% | −152.11 | #3773 |
| FY 2023-24 | 28.78 | 0.0008% | −28.07% | 0.12% | 331.78 | 0.0059% | +72.69% | 3.79% | −303.00 | #4299 |
| FY 2024-25 | 38.66 | 0.0011% | +34.33% | 0.18% | 367.11 | 0.0060% | +10.65% | 3.95% | −328.45 | #3966 |

- CAGR (7-year): exports -11.02%/yr, imports 39.17%/yr (consistently Deficit)

## Key trade insights: HSN Code 72029990 export-import analysis

### Export decline: -11.02% CAGR over 7 years

India's exports under HSN Code 72029990 have declined at a compound annual rate of -11.02% over 7 fiscal years, falling from ₹77.89 Crore in FY 2018-19 to ₹38.66 Crore in FY 2024-25.

### HSN Code 72029990 ranked #3966 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72029990 ranks #3966 out of 12657 HSN codes by total export value. Within Sub-Chapter 7202, it ranks #11 of 25. By trade surplus, it ranks #11641 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 72029990 exports

The strongest single-year export movement for HSN Code 72029990 was recorded in FY 2021-22, when exports surged by 54.17% over the prior year.

### India records a trade deficit of ₹328.45 Crore in HSN Code 72029990 goods

In FY 2024-25, India's imports of ₹367.11 Cr exceeded exports of ₹38.66 Cr, resulting in a trade deficit of ₹328.45 Crore — ranking #11641 of 12657 by surplus magnitude.

### Import growth of 39.17% CAGR signals rising demand for Ferro-Boron Alloy

India's imports under HSN Code 72029990 have grown at 39.17% CAGR, reaching ₹367.11 Crore in FY 2024-25.

### HSN Code 72029990 contributes 0.18% of Sub-Chapter 7202 exports — ranked #11

Among the 25 HSN codes under Sub-Chapter 7202, HSN Code 72029990 ranks #11 by export value — accounting for 0.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.95% share (rank #5).

## 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 |
| #11 | HSN Code 72029990: Ferro-Boron Alloy (this hsn code) | ₹39 Cr |