---
title: "HSN Code for Other Iron and Steel Waste & Scrap | HSN 72044100 GST Rate"
description: "Find HSN and GST Rates for 72044100 related to Other Iron and Steel Waste & Scrap with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72044100/"
---

# HSN Code 72044100: Other Iron and Steel Waste & Scrap

- [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 |
| --- | --- | --- | --- | --- |
| Other waste and scrap : Turnings, shavings, chips, milling waste, saw dust, fillings, trimmings and stampings, whether or not in bundles | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72044100 ?

It includes Iron or Non-Alloyed Hot-Rolled Flat Products (Coils)

### Do e‑way bill and e‑invoice apply for Other Iron and Steel Waste & Scrap?

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.

### Any common misclassification issue with Other Iron and Steel Waste & Scrap?

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 Other Iron and Steel Waste & Scrap?

Under HSN 72044100, Other Iron and Steel Waste & Scrap attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Other Iron and Steel Waste & Scrap?

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 should mixed supplies be billed when Other Iron and Steel Waste & Scrap is sold with other items?

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

## India's trade performance: HSN Code 72044100 (FY 2024-25)

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

- Exports: ₹28 Cr (+283.33% YoY) — 0.0008% of India's total exports
- Imports: ₹569 Cr (−8.16% YoY) — 0.0094% of India's total imports
- Trade balance: −₹541 Cr (Deficit); surplus rank #11949 of 12657 HSN codes
- Share of Sub-Chapter 7204: 23.14% of its exports; import side 1.31%
- Rank within Sub-Chapter 7204: #2 of 10 by export value; import-side #5

### Key metrics

- Export CAGR: 80.06% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #4413 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +5,054.84% in FY 2020-21
- Contribution to Sub-Ch. 7204: 23.14% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72044100

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 | < ₹1 Crore | 0.0000% | — | 1.28% | 263.10 | 0.0073% | — | 1.03% | −262.27 | #7785 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −62.65% | 0.45% | 320.65 | 0.0096% | +21.87% | 1.33% | −320.34 | #8555 |
| FY 2020-21 | 15.98 | 0.0007% | +5,054.84% | 24.61% | 222.39 | 0.0076% | −30.64% | 1.04% | −206.41 | #4503 |
| FY 2021-22 | 11.88 | 0.0004% | −25.66% | 12.62% | 220.14 | 0.0048% | −1.01% | 0.68% | −208.26 | #5261 |
| FY 2022-23 | 13.30 | 0.0004% | +11.95% | 8.59% | 443.00 | 0.0077% | +101.24% | 0.82% | −429.70 | #5253 |
| FY 2023-24 | 7.38 | 0.0002% | −44.51% | 6.63% | 619.74 | 0.0110% | +39.90% | 1.19% | −612.36 | #6094 |
| FY 2024-25 | 28.29 | 0.0008% | +283.33% | 23.14% | 569.19 | 0.0094% | −8.16% | 1.31% | −540.90 | #4413 |

- CAGR (7-year): exports 80.06%/yr, imports 13.73%/yr (consistently Deficit)

## Key trade insights: HSN Code 72044100 export-import analysis

### Consistent export growth: 80.06% CAGR over 7 years

India's exports under HSN Code 72044100 have grown at a compound annual rate of 80.06% over 7 fiscal years, rising from ₹0.83 Crore in FY 2018-19 to ₹28.29 Crore in FY 2024-25.

### HSN Code 72044100 ranked #4413 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72044100 ranks #4413 out of 12657 HSN codes by total export value. Within Sub-Chapter 7204, it ranks #2 of 10. By trade surplus, it ranks #11949 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 72044100 exports

The strongest single-year export movement for HSN Code 72044100 was recorded in FY 2020-21, when exports surged by 5,054.84% over the prior year.

### India records a trade deficit of ₹540.90 Crore in HSN Code 72044100 goods

In FY 2024-25, India's imports of ₹569.19 Cr exceeded exports of ₹28.29 Cr, resulting in a trade deficit of ₹540.90 Crore — ranking #11949 of 12657 by surplus magnitude.

### Import growth of 13.73% CAGR signals rising demand for Other Iron and Steel Waste & Scrap

India's imports under HSN Code 72044100 have grown at 13.73% CAGR, reaching ₹569.19 Crore in FY 2024-25.

### HSN Code 72044100 contributes 23.14% of Sub-Chapter 7204 exports — ranked #2

Among the 10 HSN codes under Sub-Chapter 7204, HSN Code 72044100 ranks #2 by export value — accounting for 23.14% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.31% share (rank #5).

## 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 (this hsn code) | ₹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)](https://busy.in/hsn/hsn-72042110/) | < ₹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 |