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HSN Code 72051029: Other Alloy Steel Granules

HSN Code 72051029 represents Other Alloy Steel Granules under GST classification. This code helps businesses identify Other Alloy Steel Granules correctly for billing, taxation, and trade. With HSN Code 72051029, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Alloy Steel Granules.

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Description of Goods for HSN Code 72051029

HSN Code 72051029 relates to the following description.

Description of Goods

Granules : Of alloy steel : 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 72051029 not include?

Other Alloy Steel Granules does not include products with the following descriptions.

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India’s Trade Performance — HSN Code 72051029 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

< ₹1 Crore

+40.00% vs FY 2024-25

0.0000% of India’s total exports

India’s Imports

FY 2025-26

₹10 Cr

−21.58% vs FY 2024-25

0.0001% of India’s total imports

Trade Balance

FY 2025-26

−₹9 Cr

Trade Deficit

Surplus rank #9067 of 12872 HSN codes

% of Sub-Chapter 7205

FY 2025-26

0.07%

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

Import side: 1.19% of Sub-Chapter 7205’s imports

Rank Within Sub-Chapter 7205

FY 2025-26

#10 of 10

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

Import-side rank: #8 of 10

At a glance

#9513

National Export Rank

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

+430.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.07%

Contribution to Sub-Ch. 7205

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

India Export-Import Trade Statistics for HSN Code 72051029

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

−4.85

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7205

Imports

4.85 ₹ Cr

0.0001% share

— YoY

0.75% of Sub-Ch. 7205

FY 2019-20 Exp. Rank #9172

Balance

−2.47

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 7205

Imports

2.57 ₹ Cr

0.0001% share

−47.01% YoY

0.55% of Sub-Ch. 7205

FY 2020-21 Exp. Rank #8191

Balance

−2.55

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+430.00% YoY

0.04% of Sub-Ch. 7205

Imports

3.08 ₹ Cr

0.0001% share

+19.84% YoY

0.67% of Sub-Ch. 7205

FY 2021-22 Exp. Rank #8745

Balance

−2.95

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−26.42% YoY

0.02% of Sub-Ch. 7205

Imports

3.34 ₹ Cr

0.0001% share

+8.44% YoY

0.50% of Sub-Ch. 7205

FY 2022-23 Exp. Rank #9591

Balance

−2.89

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−71.79% YoY

0.01% of Sub-Ch. 7205

Imports

3.00 ₹ Cr

0.0001% share

−10.18% YoY

0.41% of Sub-Ch. 7205

FY 2023-24 Exp. Rank #10057

Balance

−8.48

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−54.55% YoY

0.02% of Sub-Ch. 7205

Imports

8.53 ₹ Cr

0.0002% share

+184.33% YoY

1.21% of Sub-Ch. 7205

FY 2024-25 Exp. Rank #9570

Balance

−11.99

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+200.00% YoY

0.05% of Sub-Ch. 7205

Imports

12.14 ₹ Cr

0.0002% share

+42.32% YoY

1.58% of Sub-Ch. 7205

FY 2025-26 Exp. Rank #9513

Balance

−9.31

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+40.00% YoY

0.07% of Sub-Ch. 7205

Imports

9.52 ₹ Cr

0.0001% share

−21.58% YoY

1.19% of Sub-Ch. 7205

CAGR · 8-Year

Exports

—

Imports

10.11% /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 72051029 Export-Import Analysis

Export Snapshot for HSN Code 72051029

India exported ₹0.21 Crore worth of Other Alloy Steel Granules in FY 2025-26. Multi-year trend data is being compiled for this hsn code.

HSN Code 72051029 Ranked #9513 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72051029 ranks #9513 out of 12872 HSN codes by total export value. Within Sub-Chapter 7205, it ranks #10 of 10. By trade surplus, it ranks #9067 of 12872.

FY 2020-21 Was the Strongest Growth Year for HSN Code 72051029 Exports

The strongest single-year export movement for HSN Code 72051029 was recorded in FY 2020-21, when exports surged by 430.00% over the prior year.

India Records a Trade Deficit of ₹9.31 Crore in HSN Code 72051029 Goods

In FY 2025-26, India's imports of ₹9.52 Cr exceeded exports of ₹0.21 Cr, resulting in a trade deficit of ₹9.31 Crore — ranking #9067 of 12872 by surplus magnitude.

Import Growth of 10.11% CAGR Signals Rising Demand for Other Alloy Steel Granules

India's imports under HSN Code 72051029 have grown at 10.11% CAGR, reaching ₹9.52 Crore in FY 2025-26.

HSN Code 72051029 Contributes 0.07% of Sub-Chapter 7205 Exports — Ranked #10

Among the 10 HSN codes under Sub-Chapter 7205, HSN Code 72051029 ranks #10 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 1.19% share (rank #8).

Frequently Asked Questions

Clear answers to common queries about HSN Code 72051029 and GST compliance.

What products are classified under HSN 72051029 ?

It includes Hot-Rolled Iron and Steel Strip (Non-Alloy)

How should mixed supplies be billed when Other Alloy Steel Granules is sold with other items?

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

How much GST applies to Other Alloy Steel Granules?

Under HSN 72051029, Other Alloy Steel Granules attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Other Alloy Steel Granules?

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

Any common misclassification issue with Other Alloy Steel Granules?

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 Other Alloy Steel Granules?

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.