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HSN Code 72051022: Alloy Steel Wire Pellets

HSN Code 72051022 represents Alloy Steel Wire Pellets under GST classification. This code helps businesses identify Alloy Steel Wire Pellets correctly for billing, taxation, and trade. With HSN Code 72051022, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Alloy Steel Wire Pellets.

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Description of Goods for HSN Code 72051022

HSN Code 72051022 relates to the following description.

Description of Goods

Granules : Of alloy steel : 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 72051022 not include?

Alloy Steel Wire Pellets does not include products with the following descriptions.

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India’s Trade Performance — HSN Code 72051022 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

₹4 Cr

+317.82% vs FY 2024-25

0.0001% of India’s total exports

India’s Imports

FY 2025-26

₹2 Cr

+230.91% vs FY 2024-25

0.0000% of India’s total imports

Trade Balance

FY 2025-26

₹2 Cr

Trade Surplus

Surplus rank #4218 of 12872 HSN codes

% of Sub-Chapter 7205

FY 2025-26

1.35%

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

Import side: 0.23% of Sub-Chapter 7205’s imports

Rank Within Sub-Chapter 7205

FY 2025-26

#4 of 10

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

Import-side rank: #9 of 10

At a glance

102.71%

Export CAGR

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

#6979

National Export Rank

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

+666.67%

Peak Growth Year

FY 2019-20 · strongest single-year move

1.35%

Contribution to Sub-Ch. 7205

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

India Export-Import Trade Statistics for HSN Code 72051022

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 #9664

Balance

−0.85

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 7205

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.14% of Sub-Ch. 7205

FY 2019-20 Exp. Rank #8749

Balance

−0.39

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+666.67% YoY

0.04% of Sub-Ch. 7205

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−29.55% YoY

0.13% of Sub-Ch. 7205

FY 2020-21 Exp. Rank #8755

Balance

−0.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+4.35% YoY

0.02% of Sub-Ch. 7205

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−53.23% YoY

0.06% of Sub-Ch. 7205

FY 2021-22 Exp. Rank #8788

Balance

−0.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+54.17% YoY

0.02% of Sub-Ch. 7205

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+117.24% YoY

0.10% of Sub-Ch. 7205

FY 2022-23

Balance

−0.83

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7205

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+31.75% YoY

0.11% of Sub-Ch. 7205

FY 2023-24 Exp. Rank #9181

Balance

−0.59

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.12% of Sub-Ch. 7205

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+7.23% YoY

0.13% of Sub-Ch. 7205

FY 2024-25 Exp. Rank #8239

Balance

+0.46

Exports

1.01 ₹ Cr

0.0000% share

+236.67% YoY

0.32% of Sub-Ch. 7205

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−38.20% YoY

0.07% of Sub-Ch. 7205

FY 2025-26 Exp. Rank #6979

Balance

+2.40

Exports

4.22 ₹ Cr

0.0001% share

+317.82% YoY

1.35% of Sub-Ch. 7205

Imports

1.82 ₹ Cr

0.0000% share

+230.91% YoY

0.23% of Sub-Ch. 7205

CAGR · 8-Year

Exports

102.71% /yr

Imports

10.94% /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 72051022 Export-Import Analysis

Consistent Export Growth: 102.71% CAGR Over 8 Years

India's exports under HSN Code 72051022 have grown at a compound annual rate of 102.71% over 8 fiscal years, rising from ₹0.03 Crore in FY 2018-19 to ₹4.22 Crore in FY 2025-26.

HSN Code 72051022 Ranked #6979 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72051022 ranks #6979 out of 12872 HSN codes by total export value. Within Sub-Chapter 7205, it ranks #4 of 10. By trade surplus, it ranks #4218 of 12872.

FY 2019-20 Was the Strongest Growth Year for HSN Code 72051022 Exports

The strongest single-year export movement for HSN Code 72051022 was recorded in FY 2019-20, when exports surged by 666.67% over the prior year.

India Maintains a Trade Surplus of ₹2.40 Crore in HSN Code 72051022 Goods

In FY 2025-26, India's exports of ₹4.22 Cr exceeded imports of ₹1.82 Cr, resulting in a trade surplus of ₹2.40 Crore — ranking #4218 of 12872 by surplus magnitude.

Import Growth of 10.94% CAGR Signals Rising Demand for Alloy Steel Wire Pellets

India's imports under HSN Code 72051022 have grown at 10.94% CAGR, reaching ₹1.82 Crore in FY 2025-26.

HSN Code 72051022 Contributes 1.35% of Sub-Chapter 7205 Exports — Ranked #4

Among the 10 HSN codes under Sub-Chapter 7205, HSN Code 72051022 ranks #4 by export value — accounting for 1.35% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.23% share (rank #9).

Frequently Asked Questions

Clear answers to common queries about HSN Code 72051022 and GST compliance.

What products are classified under HSN 72051022 ?

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

Does packaging or labelling change the GST for Alloy Steel 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.

Can we claim ITC on inputs used to trade Alloy Steel 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.

How much GST applies to Alloy Steel Wire Pellets?

Under HSN 72051022, Alloy Steel Wire Pellets attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Alloy Steel Wire Pellets is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Alloy Steel Wire Pellets; Nil for exempt items if applicable).

Any common misclassification issue with Alloy Steel 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.

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