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HSN Code 72051021: Alloy Steel Shot and Angular Grit

HSN Code 72051021 represents Alloy Steel Shot and Angular Grit under GST classification. This code helps businesses identify Alloy Steel Shot and Angular Grit correctly for billing, taxation, and trade. With HSN Code 72051021, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Alloy Steel Shot and Angular Grit.

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Description of Goods for HSN Code 72051021

HSN Code 72051021 relates to the following description.

Description of Goods

Granules : Of alloy steel : 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 72051021 not include?

Alloy Steel Shot and Angular Grit does not include products with the following descriptions.

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India’s Trade Performance — HSN Code 72051021 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

+17.36% vs FY 2024-25

0.0001% of India’s total exports

India’s Imports

FY 2025-26

₹177 Cr

+7.03% vs FY 2024-25

0.0026% of India’s total imports

Trade Balance

FY 2025-26

−₹174 Cr

Trade Deficit

Surplus rank #11289 of 12872 HSN codes

% of Sub-Chapter 7205

FY 2025-26

1.00%

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

Import side: 22.24% of Sub-Chapter 7205’s imports

Rank Within Sub-Chapter 7205

FY 2025-26

#7 of 10

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

Import-side rank: #2 of 10

At a glance

27.11%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#7298

National Export Rank

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

+538.64%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.00%

Contribution to Sub-Ch. 7205

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

India Export-Import Trade Statistics for HSN Code 72051021

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 Exp. Rank #8072

Balance

−77.41

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.31% of Sub-Ch. 7205

Imports

77.99 ₹ Cr

0.0022% share

— YoY

12.07% of Sub-Ch. 7205

FY 2019-20 Exp. Rank #7829

Balance

−67.75

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+34.48% YoY

0.14% of Sub-Ch. 7205

Imports

68.53 ₹ Cr

0.0020% share

−12.13% YoY

14.55% of Sub-Ch. 7205

FY 2020-21 Exp. Rank #8328

Balance

−68.25

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−43.59% YoY

0.03% of Sub-Ch. 7205

Imports

68.69 ₹ Cr

0.0024% share

+0.23% YoY

14.91% of Sub-Ch. 7205

FY 2021-22 Exp. Rank #6962

Balance

−92.59

Exports

2.81 ₹ Cr

0.0001% share

+538.64% YoY

0.18% of Sub-Ch. 7205

Imports

95.40 ₹ Cr

0.0021% share

+38.88% YoY

14.39% of Sub-Ch. 7205

FY 2022-23 Exp. Rank #6881

Balance

−120.70

Exports

3.36 ₹ Cr

0.0001% share

+19.57% YoY

0.35% of Sub-Ch. 7205

Imports

124.06 ₹ Cr

0.0022% share

+30.04% YoY

16.91% of Sub-Ch. 7205

FY 2023-24 Exp. Rank #7212

Balance

−157.38

Exports

2.82 ₹ Cr

0.0001% share

−16.07% YoY

1.15% of Sub-Ch. 7205

Imports

160.20 ₹ Cr

0.0029% share

+29.13% YoY

22.74% of Sub-Ch. 7205

FY 2024-25 Exp. Rank #7328

Balance

−162.97

Exports

2.65 ₹ Cr

0.0001% share

−6.03% YoY

0.85% of Sub-Ch. 7205

Imports

165.62 ₹ Cr

0.0027% share

+3.38% YoY

21.55% of Sub-Ch. 7205

FY 2025-26 Exp. Rank #7298

Balance

−174.16

Exports

3.11 ₹ Cr

0.0001% share

+17.36% YoY

1.00% of Sub-Ch. 7205

Imports

177.27 ₹ Cr

0.0026% share

+7.03% YoY

22.24% of Sub-Ch. 7205

CAGR · 8-Year

Exports

27.11% /yr

Imports

12.45% /yr

Consistently Deficit
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 72051021 Export-Import Analysis

Consistent Export Growth: 27.11% CAGR Over 8 Years

India's exports under HSN Code 72051021 have grown at a compound annual rate of 27.11% over 8 fiscal years, rising from ₹0.58 Crore in FY 2018-19 to ₹3.11 Crore in FY 2025-26.

HSN Code 72051021 Ranked #7298 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72051021 ranks #7298 out of 12872 HSN codes by total export value. Within Sub-Chapter 7205, it ranks #7 of 10. By trade surplus, it ranks #11289 of 12872.

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 ₹174.16 Crore in HSN Code 72051021 Goods

In FY 2025-26, India's imports of ₹177.27 Cr exceeded exports of ₹3.11 Cr, resulting in a trade deficit of ₹174.16 Crore — ranking #11289 of 12872 by surplus magnitude.

Import Growth of 12.45% CAGR Signals Rising Demand for Alloy Steel Shot and Angular Grit

India's imports under HSN Code 72051021 have grown at 12.45% CAGR, reaching ₹177.27 Crore in FY 2025-26.

HSN Code 72051021 Contributes 1.00% of Sub-Chapter 7205 Exports — Ranked #7

Among the 10 HSN codes under Sub-Chapter 7205, HSN Code 72051021 ranks #7 by export value — accounting for 1.00% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 22.24% share (rank #2).

Frequently Asked Questions

Clear answers to common queries about HSN Code 72051021 and GST compliance.

What products are classified under HSN 72051021 ?

It includes Flat-Rolled Iron and Steel Products (Others)

Any common misclassification issue with Alloy Steel Shot and Angular Grit?

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 Alloy Steel Shot and Angular Grit?

Under HSN 72051021, Alloy Steel Shot and Angular Grit attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Alloy Steel Shot and Angular Grit?

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 Steel Shot and Angular Grit?

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 Alloy Steel Shot and Angular Grit?

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

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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.