---
title: "HSN Code for Stainless Steel Waste & Scrap (Cartridge Type) | HSN 72042110 GST Rate"
description: "Find HSN and GST Rates for 72042110 related to Stainless Steel Waste & Scrap (Cartridge Type) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72042110/"
---

# HSN Code 72042110: Stainless Steel Waste & Scrap (Cartridge Type)

- [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 7204: Ferrous scrap](https://busy.in/hsn/sub-chapter-7204/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Waste and scrap of alloy steel : Of stainless steel : Empty or discharged cartridges of all bores and sizes | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72042110 ?

It includes High Speed Steel Alloy Waste & Scrap

### How should mixed supplies be billed when Stainless Steel Waste & Scrap (Cartridge Type) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Stainless Steel Waste & Scrap (Cartridge Type); Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Stainless Steel Waste & Scrap (Cartridge Type)?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### Do e‑way bill and e‑invoice apply for Stainless Steel Waste & Scrap (Cartridge Type)?

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.

### How much GST applies to Stainless Steel Waste & Scrap (Cartridge Type)?

Under HSN 72042110, Stainless Steel Waste & Scrap (Cartridge Type) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Stainless Steel Waste & Scrap (Cartridge Type)?

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 72042110 (FY 2024-25)

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

- Exports: < ₹1 Crore (+100.00% YoY) — 0.0000% of India's total exports
- Imports: ₹3 Cr (+882.76% YoY) — 0.0000% of India's total imports
- Trade balance: −₹3 Cr (Deficit); surplus rank #8340 of 12657 HSN codes
- Share of Sub-Chapter 7204: 0.02% of its exports; import side 0.01%
- Rank within Sub-Chapter 7204: #7 of 10 by export value; import-side #8

### Key metrics

- National export rank: #10305 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +100.00% in FY 2024-25
- Contribution to Sub-Ch. 7204: 0.02% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72042110

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. 7204 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7204 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | Nil | 0.0000% | — | 0.00% | 2.81 | 0.0001% | — | 0.01% | −2.81 | — |
| FY 2019-20 | Nil | 0.0000% | — | 0.00% | 5.74 | 0.0002% | +104.27% | 0.02% | −5.74 | — |
| FY 2020-21 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −91.29% | 0.00% | −0.50 | — |
| FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.30% | 2.69 | 0.0001% | +438.00% | 0.01% | −2.41 | #8985 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | +78.57% | 0.32% | < ₹1 Crore | 0.0000% | −83.64% | 0.00% | +0.06 | #8672 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −98.00% | 0.01% | < ₹1 Crore | 0.0000% | −34.09% | 0.00% | −0.28 | #10473 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | +100.00% | 0.02% | 2.85 | 0.0000% | +882.76% | 0.01% | −2.83 | #10305 |

- CAGR (7-year): exports —/yr, imports 0.24%/yr (consistently Deficit)

## Key trade insights: HSN Code 72042110 export-import analysis

### Export snapshot for HSN Code 72042110

India exported ₹0.02 Crore worth of Stainless Steel Waste & Scrap (Cartridge Type) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

### HSN Code 72042110 ranked #10305 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72042110 ranks #10305 out of 12657 HSN codes by total export value. Within Sub-Chapter 7204, it ranks #7 of 10. By trade surplus, it ranks #8340 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 72042110 exports

The strongest single-year export movement for HSN Code 72042110 was recorded in FY 2024-25, when exports surged by 100.00% over the prior year.

### India records a trade deficit of ₹2.83 Crore in HSN Code 72042110 goods

In FY 2024-25, India's imports of ₹2.85 Cr exceeded exports of ₹0.02 Cr, resulting in a trade deficit of ₹2.83 Crore — ranking #8340 of 12657 by surplus magnitude.

### Import growth of 0.24% CAGR signals stable import dependency for Stainless Steel Waste & Scrap (Cartridge Type)

India's imports under HSN Code 72042110 have grown at 0.24% CAGR, reaching ₹2.85 Crore in FY 2024-25.

### HSN Code 72042110 contributes 0.02% of Sub-Chapter 7204 exports — ranked #7

Among the 10 HSN codes under Sub-Chapter 7204, HSN Code 72042110 ranks #7 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #8).

## Related HSN Codes in Sub-Chapter 7204

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 72042190: Alloy steel waste and scrap](https://busy.in/hsn/hsn-72042190/) | ₹54 Cr |
| #2 | [HSN Code 72044100: Other Iron and Steel Waste & Scrap](https://busy.in/hsn/hsn-72044100/) | ₹28 Cr |
| #3 | [HSN Code 72041000: Waste and scrap of cast iron](https://busy.in/hsn/hsn-72041000/) | ₹19 Cr |
| #4 | [HSN Code 72042990: Waste and scrap of alloy steel](https://busy.in/hsn/hsn-72042990/) | ₹11 Cr |
| #5 | [HSN Code 72044900: Other waste and scrap](https://busy.in/hsn/hsn-72044900/) | ₹9 Cr |
| #6 | [HSN Code 72043000: Waste and Scrap of Tinned Iron or Steel](https://busy.in/hsn/hsn-72043000/) | < ₹1 Crore |
| #7 | HSN Code 72042110: Stainless Steel Waste & Scrap (Cartridge Type) (this hsn code) | < ₹1 Crore |
| #8 | [HSN Code 72045000: Remelting Scrap Ingots](https://busy.in/hsn/hsn-72045000/) | < ₹1 Crore |
| — | [HSN Code 72042910: Other Alloy Steel Waste & Scrap (Cartridge Type)](https://busy.in/hsn/hsn-72042910/) | Nil |
| — | [HSN Code 72042920: High Speed Steel Alloy Waste & Scrap](https://busy.in/hsn/hsn-72042920/) | Nil |