HSN Code 72051012: Alloy Hot-Rolled Flat Products (Coils)

HSN Code 72051012 represents Alloy Hot-Rolled Flat Products (Coils) under GST classification. This code helps businesses identify Alloy Hot-Rolled Flat Products (Coils) correctly for billing, taxation, and trade. With HSN Code 72051012, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Alloy Hot-Rolled Flat Products (Coils).

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Description of Goods for HSN Code 72051012

HSN Code 72051012 relates to the following description.

Description of Goods

Granules : Of iron : Wire pellets

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 72051012 not include?

Alloy Hot-Rolled Flat Products (Coils) does not include products with the following descriptions.

India’s Trade Performance — HSN Code 72051012 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

₹3 Cr

+63.40% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−50.75% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹2 Cr

Trade Surplus

Surplus rank #4188 of 12657 HSN codes

% of Sub-Chapter 7205

FY 2024-25

0.80%

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

Import side: 0.04% of Sub-Chapter 7205’s imports

Rank Within Sub-Chapter 7205

FY 2024-25

#6 of 10

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

Import-side rank: #10 of 10

At a glance

#7392

National Export Rank

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

+992.86%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.80%

Contribution to Sub-Ch. 7205

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

India Export-Import Trade Statistics for HSN Code 72051012

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

Balance

−0.07

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7205

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 7205

FY 2019-20 Exp. Rank #8661

Balance

+0.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.05% of Sub-Ch. 7205

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7205

FY 2020-21 Exp. Rank #9034

Balance

+0.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−42.31% YoY

0.01% of Sub-Ch. 7205

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7205

FY 2021-22 Exp. Rank #8788

Balance

+0.37

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+146.67% YoY

0.02% of Sub-Ch. 7205

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7205

FY 2022-23 Exp. Rank #9481

Balance

+0.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−62.16% YoY

0.01% of Sub-Ch. 7205

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7205

FY 2023-24 Exp. Rank #7842

Balance

+0.86

Exports

1.53 ₹ Cr

0.0000% share

+992.86% YoY

0.62% of Sub-Ch. 7205

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.10% of Sub-Ch. 7205

FY 2024-25 Exp. Rank #7392

Balance

+2.17

Exports

2.50 ₹ Cr

0.0001% share

+63.40% YoY

0.80% of Sub-Ch. 7205

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−50.75% YoY

0.04% of Sub-Ch. 7205

CAGR · 7-Year

Exports

—

Imports

29.49% /yr

Consistently Surplus
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 72051012 Export-Import Analysis

Export Snapshot for HSN Code 72051012

India exported ₹2.50 Crore worth of Alloy Hot-Rolled Flat Products (Coils) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 72051012 Ranked #7392 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72051012 ranks #7392 out of 12657 HSN codes by total export value. Within Sub-Chapter 7205, it ranks #6 of 10. By trade surplus, it ranks #4188 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 72051012 Exports

The strongest single-year export movement for HSN Code 72051012 was recorded in FY 2023-24, when exports surged by 992.86% over the prior year.

India Maintains a Trade Surplus of ₹2.17 Crore in HSN Code 72051012 Goods

In FY 2024-25, India's exports of ₹2.50 Cr exceeded imports of ₹0.33 Cr, resulting in a trade surplus of ₹2.17 Crore — ranking #4188 of 12657 by surplus magnitude.

Import Growth of 29.49% CAGR Signals Rising Demand for Alloy Hot-Rolled Flat Products (Coils)

India's imports under HSN Code 72051012 have grown at 29.49% CAGR, reaching ₹0.33 Crore in FY 2024-25.

HSN Code 72051012 Contributes 0.80% of Sub-Chapter 7205 Exports — Ranked #6

Among the 10 HSN codes under Sub-Chapter 7205, HSN Code 72051012 ranks #6 by export value — accounting for 0.80% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.04% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72051012 and GST compliance.

What products are classified under HSN 72051012 ?

It includes Alloy Cold-Rolled Flat Products (Coils)

How much GST applies to Alloy Hot-Rolled Flat Products (Coils)?

Under HSN 72051012, Alloy Hot-Rolled Flat Products (Coils) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Alloy 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.

Can we claim ITC on inputs used to trade Alloy 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.

Does packaging or labelling change the GST for Alloy Hot-Rolled Flat Products (Coils)?

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.

Do e‑way bill and e‑invoice apply for Alloy 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.