HSN Code 72051019: Other Hot-Rolled Flat Products

HSN Code 72051019 represents Other Hot-Rolled Flat Products under GST classification. This code helps businesses identify Other Hot-Rolled Flat Products correctly for billing, taxation, and trade. With HSN Code 72051019, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Hot-Rolled Flat Products.

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Description of Goods for HSN Code 72051019

HSN Code 72051019 relates to the following description.

Description of Goods

Granules : Of iron : Other

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 72051019 not include?

Other Hot-Rolled Flat Products does not include products with the following descriptions.

India’s Trade Performance — HSN Code 72051019 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

₹30 Cr

+318.21% vs FY 2023-24

0.0008% of India’s total exports

India’s Imports

FY 2024-25

₹23 Cr

−8.92% vs FY 2023-24

0.0004% of India’s total imports

Trade Balance

FY 2024-25

₹7 Cr

Trade Surplus

Surplus rank #3573 of 12657 HSN codes

% of Sub-Chapter 7205

FY 2024-25

9.57%

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

Import side: 3.02% of Sub-Chapter 7205’s imports

Rank Within Sub-Chapter 7205

FY 2024-25

#3 of 10

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

Import-side rank: #6 of 10

At a glance

95.80%

Export CAGR

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

#4332

National Export Rank

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

+47,727.14%

Peak Growth Year

FY 2020-21 · strongest single-year move

9.57%

Contribution to Sub-Ch. 7205

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

India Export-Import Trade Statistics for HSN Code 72051019

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 #8136

Balance

−49.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.28% of Sub-Ch. 7205

Imports

49.64 ₹ Cr

0.0014% share

— YoY

7.68% of Sub-Ch. 7205

FY 2019-20 Exp. Rank #7935

Balance

−32.89

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+32.08% YoY

0.13% of Sub-Ch. 7205

Imports

33.59 ₹ Cr

0.0010% share

−32.33% YoY

7.13% of Sub-Ch. 7205

FY 2020-21 Exp. Rank #933

Balance

+304.21

Exports

334.79 ₹ Cr

0.0156% share

+47,727.14% YoY

23.92% of Sub-Ch. 7205

Imports

30.58 ₹ Cr

0.0010% share

−8.96% YoY

6.64% of Sub-Ch. 7205

FY 2021-22 Exp. Rank #1688

Balance

+159.76

Exports

192.43 ₹ Cr

0.0061% share

−42.52% YoY

12.01% of Sub-Ch. 7205

Imports

32.67 ₹ Cr

0.0007% share

+6.83% YoY

4.93% of Sub-Ch. 7205

FY 2022-23 Exp. Rank #8799

Balance

−28.10

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.78% YoY

0.04% of Sub-Ch. 7205

Imports

28.53 ₹ Cr

0.0005% share

−12.67% YoY

3.89% of Sub-Ch. 7205

FY 2023-24 Exp. Rank #6137

Balance

−18.31

Exports

7.14 ₹ Cr

0.0002% share

+1,560.47% YoY

2.90% of Sub-Ch. 7205

Imports

25.45 ₹ Cr

0.0005% share

−10.80% YoY

3.61% of Sub-Ch. 7205

FY 2024-25 Exp. Rank #4332

Balance

+6.68

Exports

29.86 ₹ Cr

0.0008% share

+318.21% YoY

9.57% of Sub-Ch. 7205

Imports

23.18 ₹ Cr

0.0004% share

−8.92% YoY

3.02% of Sub-Ch. 7205

CAGR · 7-Year

Exports

95.80% /yr

Imports

−11.92% /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 72051019 Export-Import Analysis

Consistent Export Growth: 95.80% CAGR Over 7 Years

India's exports under HSN Code 72051019 have grown at a compound annual rate of 95.80% over 7 fiscal years, rising from ₹0.53 Crore in FY 2018-19 to ₹29.86 Crore in FY 2024-25.

HSN Code 72051019 Ranked #4332 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72051019 ranks #4332 out of 12657 HSN codes by total export value. Within Sub-Chapter 7205, it ranks #3 of 10. By trade surplus, it ranks #3573 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 72051019 Exports

The strongest single-year export movement for HSN Code 72051019 was recorded in FY 2020-21, when exports surged by 47,727.14% over the prior year.

India Maintains a Trade Surplus of ₹6.68 Crore in HSN Code 72051019 Goods

In FY 2024-25, India's exports of ₹29.86 Cr exceeded imports of ₹23.18 Cr, resulting in a trade surplus of ₹6.68 Crore — ranking #3573 of 12657 by surplus magnitude.

Import Growth of −11.92% CAGR Signals Stable Import Dependency for Other Hot-Rolled Flat Products

India's imports under HSN Code 72051019 have grown at −11.92% CAGR, reaching ₹23.18 Crore in FY 2024-25.

HSN Code 72051019 Contributes 9.57% of Sub-Chapter 7205 Exports — Ranked #3

Among the 10 HSN codes under Sub-Chapter 7205, HSN Code 72051019 ranks #3 by export value — accounting for 9.57% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.02% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72051019 and GST compliance.

What products are classified under HSN 72051019 ?

It includes Other Cold-Rolled Flat Products

How much GST applies to Other Hot-Rolled Flat Products?

Under HSN 72051019, Other Hot-Rolled Flat Products attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Other Hot-Rolled Flat Products is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Hot-Rolled Flat Products; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Other Hot-Rolled Flat Products?

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.

Does packaging or labelling change the GST for Other Hot-Rolled Flat Products?

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.

Can we claim ITC on inputs used to trade Other Hot-Rolled Flat Products?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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.