--- title: "HSN Code for Iron or Non-Alloyed Hot-Rolled Flat Products (Coils) | HSN 72051011 GST Rate" description: "Find HSN and GST Rates for 72051011 related to Iron or Non-Alloyed Hot-Rolled Flat Products (Coils) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72051011/" --- # HSN Code 72051011: Iron or Non-Alloyed Hot-Rolled Flat Products (Coils) - [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 7205: Iron Powders](https://busy.in/hsn/sub-chapter-7205/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Granules : Of iron : Shot and angular grit | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72051011 ? It includes Iron or Non-Alloyed Cold-Rolled Flat Products (Coils) ### Any common misclassification issue with Iron or Non-Alloyed Hot-Rolled Flat Products (Coils)? 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 Iron or Non-Alloyed Hot-Rolled Flat Products (Coils)? Under HSN 72051011, Iron or Non-Alloyed Hot-Rolled Flat Products (Coils) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Iron or Non-Alloyed Hot-Rolled Flat Products (Coils) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Iron or Non-Alloyed Hot-Rolled Flat Products (Coils); Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Iron or Non-Alloyed Hot-Rolled Flat Products (Coils)? 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 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. ## India's trade performance: HSN Code 72051011 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−85.99% YoY) — 0.0000% of India's total exports - Imports: ₹77 Cr (−14.44% YoY) — 0.0013% of India's total imports - Trade balance: −₹76 Cr (Deficit); surplus rank #10580 of 12657 HSN codes - Share of Sub-Chapter 7205: 0.12% of its exports; import side 9.98% - Rank within Sub-Chapter 7205: #9 of 10 by export value; import-side #5 ### Key metrics - Export CAGR: -57.37% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9089 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +654.56% in FY 2019-20 - Contribution to Sub-Ch. 7205: 0.12% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72051011 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. 7205 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7205 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 59.97 | 0.0026% | — | 32.06% | 97.51 | 0.0027% | — | 15.09% | −37.54 | #2619 | | FY 2019-20 | 452.51 | 0.0206% | +654.56% | 82.23% | 58.14 | 0.0017% | −40.38% | 12.35% | +394.37 | #705 | | FY 2020-21 | 957.75 | 0.0445% | +111.65% | 68.44% | 58.32 | 0.0020% | +0.31% | 12.66% | +899.43 | #375 | | FY 2021-22 | 1,228.79 | 0.0392% | +28.30% | 76.68% | 62.90 | 0.0014% | +7.85% | 9.49% | +1,165.89 | #396 | | FY 2022-23 | 748.32 | 0.0207% | −39.10% | 77.23% | 89.32 | 0.0016% | +42.00% | 12.18% | +659.00 | #646 | | FY 2023-24 | 2.57 | 0.0001% | −99.66% | 1.04% | 89.66 | 0.0016% | +0.38% | 12.73% | −87.09 | #7301 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −85.99% | 0.12% | 76.71 | 0.0013% | −14.44% | 9.98% | −76.35 | #9089 | - CAGR (7-year): exports -57.37%/yr, imports -3.92%/yr (consistently Deficit) ## Key trade insights: HSN Code 72051011 export-import analysis ### Export decline: -57.37% CAGR over 7 years India's exports under HSN Code 72051011 have declined at a compound annual rate of -57.37% over 7 fiscal years, falling from ₹59.97 Crore in FY 2018-19 to ₹0.36 Crore in FY 2024-25. ### HSN Code 72051011 ranked #9089 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72051011 ranks #9089 out of 12657 HSN codes by total export value. Within Sub-Chapter 7205, it ranks #9 of 10. By trade surplus, it ranks #10580 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 72051011 exports The strongest single-year export movement for HSN Code 72051011 was recorded in FY 2019-20, when exports surged by 654.56% over the prior year. ### India records a trade deficit of ₹76.35 Crore in HSN Code 72051011 goods In FY 2024-25, India's imports of ₹76.71 Cr exceeded exports of ₹0.36 Cr, resulting in a trade deficit of ₹76.35 Crore — ranking #10580 of 12657 by surplus magnitude. ### Import growth of -3.92% CAGR signals stable import dependency for Iron or Non-Alloyed Hot-Rolled Flat Products (Coils) India's imports under HSN Code 72051011 have grown at -3.92% CAGR, reaching ₹76.71 Crore in FY 2024-25. ### HSN Code 72051011 contributes 0.12% of Sub-Chapter 7205 exports — ranked #9 Among the 10 HSN codes under Sub-Chapter 7205, HSN Code 72051011 ranks #9 by export value — accounting for 0.12% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 9.98% share (rank #5). ## Related HSN Codes in Sub-Chapter 7205 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72052910: Hot-Rolled Iron and Steel Strip (Non-Alloy)](https://busy.in/hsn/hsn-72052910/) | ₹209 Cr | | #2 | [HSN Code 72052990: Hot-Rolled Iron and Steel Strip (Alloy)](https://busy.in/hsn/hsn-72052990/) | ₹55 Cr | | #3 | [HSN Code 72051019: Other Hot-Rolled Flat Products](https://busy.in/hsn/hsn-72051019/) | ₹30 Cr | | #4 | [HSN Code 72052100: Flat-Rolled Iron and Steel Products (Plates)](https://busy.in/hsn/hsn-72052100/) | ₹9 Cr | | #5 | [HSN Code 72051021: Iron or Non-Alloyed Cold-Rolled Flat Products (Coils)](https://busy.in/hsn/hsn-72051021/) | ₹3 Cr | | #6 | [HSN Code 72051012: Alloy Hot-Rolled Flat Products (Coils)](https://busy.in/hsn/hsn-72051012/) | ₹3 Cr | | #7 | [HSN Code 72051090: Flat-Rolled Iron and Steel Products (Others)](https://busy.in/hsn/hsn-72051090/) | ₹2 Cr | | #8 | [HSN Code 72051022: Alloy Cold-Rolled Flat Products (Coils)](https://busy.in/hsn/hsn-72051022/) | ₹1 Cr | | #9 | HSN Code 72051011: Iron or Non-Alloyed Hot-Rolled Flat Products (Coils) (this hsn code) | < ₹1 Crore | | #10 | [HSN Code 72051029: Other Cold-Rolled Flat Products](https://busy.in/hsn/hsn-72051029/) | < ₹1 Crore |