HSN Code 72051011: Iron or Non-Alloyed Hot-Rolled Flat Products (Coils)

HSN Code 72051011 represents Iron or Non-Alloyed Hot-Rolled Flat Products (Coils) under GST classification. This code helps businesses identify Iron or Non-Alloyed Hot-Rolled Flat Products (Coils) correctly for billing, taxation, and trade. With HSN Code 72051011, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Iron or Non-Alloyed Hot-Rolled Flat Products (Coils).

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Description of Goods for HSN Code 72051011

HSN Code 72051011 relates to the following description.

Description of Goods

Granules : Of iron : Shot and angular grit

Chapter

72 - Iron and steel

Sub Chapter

7205 - Granules and powders, of pig iron, spiegeleisen, iron or steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72051011 not include?

Iron or Non-Alloyed Hot-Rolled Flat Products (Coils) does not include products with the following descriptions.

India’s Trade Performance — HSN Code 72051011 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

< ₹1 Crore

−85.99% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹77 Cr

−14.44% vs FY 2023-24

0.0013% of India’s total imports

Trade Balance

FY 2024-25

−₹76 Cr

Trade Deficit

Surplus rank #10580 of 12657 HSN codes

% of Sub-Chapter 7205

FY 2024-25

0.12%

Share of Sub-Chapter 7205’s total exports in FY 2024-25

Import side: 9.98% of Sub-Chapter 7205’s imports

Rank Within Sub-Chapter 7205

FY 2024-25

#9 of 10

Position by export value among HSN codes in Sub-Chapter 7205

Import-side rank: #5 of 10

At a glance

−57.37%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#9089

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+654.56%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.12%

Contribution to Sub-Ch. 7205

Share of Sub-Chapter 7205 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #2619

Balance

−37.54

Exports

59.97 ₹ Cr

0.0026% share

— YoY

32.06% of Sub-Ch. 7205

Imports

97.51 ₹ Cr

0.0027% share

— YoY

15.09% of Sub-Ch. 7205

FY 2019-20 Exp. Rank #705

Balance

+394.37

Exports

452.51 ₹ Cr

0.0206% share

+654.56% YoY

82.23% of Sub-Ch. 7205

Imports

58.14 ₹ Cr

0.0017% share

−40.38% YoY

12.35% of Sub-Ch. 7205

FY 2020-21 Exp. Rank #375

Balance

+899.43

Exports

957.75 ₹ Cr

0.0445% share

+111.65% YoY

68.44% of Sub-Ch. 7205

Imports

58.32 ₹ Cr

0.0020% share

+0.31% YoY

12.66% of Sub-Ch. 7205

FY 2021-22 Exp. Rank #396

Balance

+1,165.89

Exports

1,228.79 ₹ Cr

0.0392% share

+28.30% YoY

76.68% of Sub-Ch. 7205

Imports

62.90 ₹ Cr

0.0014% share

+7.85% YoY

9.49% of Sub-Ch. 7205

FY 2022-23 Exp. Rank #646

Balance

+659.00

Exports

748.32 ₹ Cr

0.0207% share

−39.10% YoY

77.23% of Sub-Ch. 7205

Imports

89.32 ₹ Cr

0.0016% share

+42.00% YoY

12.18% of Sub-Ch. 7205

FY 2023-24 Exp. Rank #7301

Balance

−87.09

Exports

2.57 ₹ Cr

0.0001% share

−99.66% YoY

1.04% of Sub-Ch. 7205

Imports

89.66 ₹ Cr

0.0016% share

+0.38% YoY

12.73% of Sub-Ch. 7205

FY 2024-25 Exp. Rank #9089

Balance

−76.35

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−85.99% YoY

0.12% of Sub-Ch. 7205

Imports

76.71 ₹ Cr

0.0013% share

−14.44% YoY

9.98% of Sub-Ch. 7205

CAGR · 7-Year

Exports

−57.37% /yr

Imports

−3.92% /yr

Consistently Deficit
Sub-Chapter 7205 total

reference, FY 2024-25

Export

₹312.02 Cr

Import

₹768.52 Cr

Trade Balance

−456.50

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72051011 and GST compliance.

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.