--- title: "HSN Code for Iron or Non-Alloyed Cold-Rolled Flat Products (Coils) | HSN 72051021 GST Rate" description: "Find HSN and GST Rates for 72051021 related to Iron or Non-Alloyed Cold-Rolled Flat Products (Coils) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72051021/" --- # HSN Code 72051021: Iron or Non-Alloyed Cold-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 alloy steel : Shot and angular grit | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72051021 ? It includes Flat-Rolled Iron and Steel Products (Others) ### Any common misclassification issue with Iron or Non-Alloyed Cold-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 Cold-Rolled Flat Products (Coils)? Under HSN 72051021, Iron or Non-Alloyed Cold-Rolled Flat Products (Coils) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Iron or Non-Alloyed Cold-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 Iron or Non-Alloyed Cold-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. ### Can we claim ITC on inputs used to trade Iron or Non-Alloyed Cold-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. ## India's trade performance: HSN Code 72051021 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (−6.03% YoY) — 0.0001% of India's total exports - Imports: ₹166 Cr (+3.38% YoY) — 0.0027% of India's total imports - Trade balance: −₹163 Cr (Deficit); surplus rank #11168 of 12657 HSN codes - Share of Sub-Chapter 7205: 0.85% of its exports; import side 21.55% - Rank within Sub-Chapter 7205: #5 of 10 by export value; import-side #2 ### Key metrics - Export CAGR: 28.82% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7328 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +538.64% in FY 2021-22 - Contribution to Sub-Ch. 7205: 0.85% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72051021 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 | < ₹1 Crore | 0.0000% | — | 0.31% | 77.99 | 0.0022% | — | 12.07% | −77.41 | #8072 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +34.48% | 0.14% | 68.53 | 0.0020% | −12.13% | 14.55% | −67.75 | #7829 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −43.59% | 0.03% | 68.69 | 0.0024% | +0.23% | 14.91% | −68.25 | #8328 | | FY 2021-22 | 2.81 | 0.0001% | +538.64% | 0.18% | 95.40 | 0.0021% | +38.88% | 14.39% | −92.59 | #6962 | | FY 2022-23 | 3.36 | 0.0001% | +19.57% | 0.35% | 124.06 | 0.0022% | +30.04% | 16.91% | −120.70 | #6881 | | FY 2023-24 | 2.82 | 0.0001% | −16.07% | 1.15% | 160.20 | 0.0029% | +29.13% | 22.74% | −157.38 | #7212 | | FY 2024-25 | 2.65 | 0.0001% | −6.03% | 0.85% | 165.62 | 0.0027% | +3.38% | 21.55% | −162.97 | #7328 | - CAGR (7-year): exports 28.82%/yr, imports 13.37%/yr (consistently Deficit) ## Key trade insights: HSN Code 72051021 export-import analysis ### Consistent export growth: 28.82% CAGR over 7 years India's exports under HSN Code 72051021 have grown at a compound annual rate of 28.82% over 7 fiscal years, rising from ₹0.58 Crore in FY 2018-19 to ₹2.65 Crore in FY 2024-25. ### HSN Code 72051021 ranked #7328 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72051021 ranks #7328 out of 12657 HSN codes by total export value. Within Sub-Chapter 7205, it ranks #5 of 10. By trade surplus, it ranks #11168 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72051021 exports The strongest single-year export movement for HSN Code 72051021 was recorded in FY 2021-22, when exports surged by 538.64% over the prior year. ### India records a trade deficit of ₹162.97 Crore in HSN Code 72051021 goods In FY 2024-25, India's imports of ₹165.62 Cr exceeded exports of ₹2.65 Cr, resulting in a trade deficit of ₹162.97 Crore — ranking #11168 of 12657 by surplus magnitude. ### Import growth of 13.37% CAGR signals rising demand for Iron or Non-Alloyed Cold-Rolled Flat Products (Coils) India's imports under HSN Code 72051021 have grown at 13.37% CAGR, reaching ₹165.62 Crore in FY 2024-25. ### HSN Code 72051021 contributes 0.85% of Sub-Chapter 7205 exports — ranked #5 Among the 10 HSN codes under Sub-Chapter 7205, HSN Code 72051021 ranks #5 by export value — accounting for 0.85% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 21.55% share (rank #2). ## 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) (this hsn code) | ₹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)](https://busy.in/hsn/hsn-72051011/) | < ₹1 Crore | | #10 | [HSN Code 72051029: Other Cold-Rolled Flat Products](https://busy.in/hsn/hsn-72051029/) | < ₹1 Crore |