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HSN Code 72051012: Iron Wire Pellets

HSN Code 72051012 represents Iron Wire Pellets under GST classification. This code helps businesses identify Iron Wire Pellets 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 Iron Wire Pellets.

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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?

Iron Wire Pellets does not include products with the following descriptions.

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India’s Trade Performance — HSN Code 72051012 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹3 Cr

+31.60% vs FY 2024-25

0.0001% of India’s total exports

India’s Imports

FY 2025-26

< ₹1 Crore

+24.24% vs FY 2024-25

0.0000% of India’s total imports

Trade Balance

FY 2025-26

₹3 Cr

Trade Surplus

Surplus rank #4124 of 12872 HSN codes

% of Sub-Chapter 7205

FY 2025-26

1.05%

Share of Sub-Chapter 7205’s total exports in FY 2025-26

Import side: 0.05% of Sub-Chapter 7205’s imports

Rank Within Sub-Chapter 7205

FY 2025-26

#6 of 10

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

Import-side rank: #10 of 10

At a glance

#7244

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+992.86%

Peak Growth Year

FY 2023-24 · strongest single-year move

1.05%

Contribution to Sub-Ch. 7205

Share of Sub-Chapter 7205 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 72051012

8-year export and import data, FY 2018-19 to FY 2025-26, 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

FY 2025-26 Exp. Rank #7244

Balance

+2.88

Exports

3.29 ₹ Cr

0.0001% share

+31.60% YoY

1.05% of Sub-Ch. 7205

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+24.24% YoY

0.05% of Sub-Ch. 7205

CAGR · 8-Year

Exports

—

Imports

28.73% /yr

Consistently Surplus
Sub-Chapter 7205 total

reference, FY 2025-26

Export

₹312.05 Cr

Import

₹797.10 Cr

Trade Balance

−485.05

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 ₹3.29 Crore worth of Iron Wire Pellets in FY 2025-26. Multi-year trend data is being compiled for this hsn code.

HSN Code 72051012 Ranked #7244 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72051012 ranks #7244 out of 12872 HSN codes by total export value. Within Sub-Chapter 7205, it ranks #6 of 10. By trade surplus, it ranks #4124 of 12872.

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 ₹2.88 Crore in HSN Code 72051012 Goods

In FY 2025-26, India's exports of ₹3.29 Cr exceeded imports of ₹0.41 Cr, resulting in a trade surplus of ₹2.88 Crore — ranking #4124 of 12872 by surplus magnitude.

Import Growth of 28.73% CAGR Signals Rising Demand for Iron Wire Pellets

India's imports under HSN Code 72051012 have grown at 28.73% CAGR, reaching ₹0.41 Crore in FY 2025-26.

HSN Code 72051012 Contributes 1.05% 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 1.05% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.05% share (rank #10).

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 Iron Wire Pellets?

Under HSN 72051012, Iron Wire Pellets attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Iron Wire Pellets?

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 Iron Wire Pellets?

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 Iron Wire Pellets?

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 Iron Wire Pellets?

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.

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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.