HSN Code 72044100 represents Iron and Steel Turnings, Shavings, Chips, Filings, Trimmings and Stampings under GST classification. This code helps businesses identify Iron and Steel Turnings, Shavings, Chips, Filings, Trimmings and Stampings correctly for billing, taxation, and trade. With HSN Code 72044100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Iron and Steel Turnings, Shavings, Chips, Filings, Trimmings and Stampings.
Manage correct HSN codes and GST rates with BUSY.
HSN Code 72044100 relates to the following description.
Description of Goods
Other waste and scrap : Turnings, shavings, chips, milling waste, saw dust, fillings, trimmings and stampings, whether or not in bundles
Chapter
72 - Iron and steel
Sub Chapter
7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Iron and Steel Turnings, Shavings, Chips, Filings, Trimmings and Stampings does not include products with the following descriptions.
Waste and scrap of cast iron
Waste and scrap of alloy steel : Of stainless steel : Empty or discharged cartridges of all bores and sizes
Waste and scrap of alloy steel : Of stainless steel : Other
Waste and scrap of alloy steel : Other : Empty or discharged cartridges of all bores and sizes
Waste and scrap of alloy steel : Other : Of high speed steel
Waste and scrap of alloy steel : Other : Other
Waste and scrap of tinned iron or steel
Other waste and scrap : Other
Remelting scrap ingots
Waste and scrap of cast iron
Waste and scrap of alloy steel : Of stainless steel : Empty or discharged cartridges of all bores and sizes
Waste and scrap of alloy steel : Of stainless steel : Other
Waste and scrap of alloy steel : Other : Empty or discharged cartridges of all bores and sizes
Waste and scrap of alloy steel : Other : Of high speed steel
Waste and scrap of alloy steel : Other : Other
Waste and scrap of tinned iron or steel
Other waste and scrap : Other
Remelting scrap ingots
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26₹7 Cr
0.0002% of India’s total exports
India’s Imports
FY 2025-26₹538 Cr
0.0078% of India’s total imports
Trade Balance
FY 2025-26−₹531 Cr
Surplus rank #12015 of 12872 HSN codes
% of Sub-Chapter 7204
FY 2025-263.41%
Share of Sub-Chapter 7204’s total exports in FY 2025-26
Import side: 1.34% of Sub-Chapter 7204’s imports
Rank Within Sub-Chapter 7204
FY 2025-26#6 of 10
Position by export value among HSN codes in Sub-Chapter 7204
Import-side rank: #4 of 10
At a glance
34.65%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#6440
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+5,054.84%
Peak Growth Year
FY 2020-21 · strongest single-year move
3.41%
Contribution to Sub-Ch. 7204
Share of Sub-Chapter 7204 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−262.27
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
1.28% of Sub-Ch. 7204
Imports
263.10 ₹ Cr
0.0073% share
— YoY
1.03% of Sub-Ch. 7204
Balance
−320.34
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−62.65% YoY
0.45% of Sub-Ch. 7204
Imports
320.65 ₹ Cr
0.0096% share
+21.87% YoY
1.33% of Sub-Ch. 7204
Balance
−206.41
Exports
15.98 ₹ Cr
0.0007% share
+5,054.84% YoY
24.61% of Sub-Ch. 7204
Imports
222.39 ₹ Cr
0.0076% share
−30.64% YoY
1.04% of Sub-Ch. 7204
Balance
−208.26
Exports
11.88 ₹ Cr
0.0004% share
−25.66% YoY
12.62% of Sub-Ch. 7204
Imports
220.14 ₹ Cr
0.0048% share
−1.01% YoY
0.68% of Sub-Ch. 7204
Balance
−429.70
Exports
13.30 ₹ Cr
0.0004% share
+11.95% YoY
8.59% of Sub-Ch. 7204
Imports
443.00 ₹ Cr
0.0077% share
+101.24% YoY
0.82% of Sub-Ch. 7204
Balance
−612.36
Exports
7.38 ₹ Cr
0.0002% share
−44.51% YoY
6.63% of Sub-Ch. 7204
Imports
619.74 ₹ Cr
0.0110% share
+39.90% YoY
1.19% of Sub-Ch. 7204
Balance
−540.90
Exports
28.29 ₹ Cr
0.0008% share
+283.33% YoY
23.14% of Sub-Ch. 7204
Imports
569.19 ₹ Cr
0.0094% share
−8.16% YoY
1.31% of Sub-Ch. 7204
Balance
−530.84
Exports
6.66 ₹ Cr
0.0002% share
−76.46% YoY
3.41% of Sub-Ch. 7204
Imports
537.50 ₹ Cr
0.0078% share
−5.57% YoY
1.34% of Sub-Ch. 7204
CAGR · 8-Year
Exports
34.65% /yr
Imports
10.74% /yr
reference, FY 2025-26
Export
₹195.09 Cr
Import
₹40,129.28 Cr
Trade Balance
−39,934.19
India's exports under HSN Code 72044100 have grown at a compound annual rate of 34.65% over 8 fiscal years, rising from ₹0.83 Crore in FY 2018-19 to ₹6.66 Crore in FY 2025-26.
In FY 2025-26, HSN Code 72044100 ranks #6440 out of 12872 HSN codes by total export value. Within Sub-Chapter 7204, it ranks #6 of 10. By trade surplus, it ranks #12015 of 12872.
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.
In FY 2025-26, India's imports of ₹537.50 Cr exceeded exports of ₹6.66 Cr, resulting in a trade deficit of ₹530.84 Crore — ranking #12015 of 12872 by surplus magnitude.
India's imports under HSN Code 72044100 have grown at 10.74% CAGR, reaching ₹537.50 Crore in FY 2025-26.
Among the 10 HSN codes under Sub-Chapter 7204, HSN Code 72044100 ranks #6 by export value — accounting for 3.41% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 1.34% share (rank #4).
Clear answers to common queries about HSN Code 72044100 and GST compliance.
It includes Iron or Non-Alloyed Hot-Rolled Flat Products (Coils)
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 72044100, Iron and Steel Turnings, Shavings, Chips, Filings, Trimmings and Stampings attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Iron and Steel Turnings, Shavings, Chips, Filings, Trimmings and Stampings; Nil for exempt items if applicable).