HSN Code 72051090: Flat-Rolled Iron and Steel Products (Others)

HSN Code 72051090 represents Flat-Rolled Iron and Steel Products (Others) under GST classification. This code helps businesses identify Flat-Rolled Iron and Steel Products (Others) correctly for billing, taxation, and trade. With HSN Code 72051090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Flat-Rolled Iron and Steel Products (Others).

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Description of Goods for HSN Code 72051090

HSN Code 72051090 relates to the following description.

Description of Goods

Granules : 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 72051090 not include?

Flat-Rolled Iron and Steel Products (Others) does not include products with the following descriptions.

India’s Trade Performance — HSN Code 72051090 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

₹2 Cr

+35.14% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹15 Cr

−12.97% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹14 Cr

Trade Deficit

Surplus rank #9288 of 12657 HSN codes

% of Sub-Chapter 7205

FY 2024-25

0.48%

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

Import side: 1.98% of Sub-Chapter 7205’s imports

Rank Within Sub-Chapter 7205

FY 2024-25

#7 of 10

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

Import-side rank: #7 of 10

At a glance

−0.76%

Export CAGR

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

#7865

National Export Rank

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

+122.00%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.48%

Contribution to Sub-Ch. 7205

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

India Export-Import Trade Statistics for HSN Code 72051090

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 #7197

Balance

−41.52

Exports

1.57 ₹ Cr

0.0001% share

— YoY

0.84% of Sub-Ch. 7205

Imports

43.09 ₹ Cr

0.0012% share

— YoY

6.67% of Sub-Ch. 7205

FY 2019-20 Exp. Rank #7042

Balance

−34.85

Exports

1.80 ₹ Cr

0.0001% share

+14.65% YoY

0.33% of Sub-Ch. 7205

Imports

36.65 ₹ Cr

0.0011% share

−14.95% YoY

7.78% of Sub-Ch. 7205

FY 2020-21 Exp. Rank #7160

Balance

−27.79

Exports

1.70 ₹ Cr

0.0001% share

−5.56% YoY

0.12% of Sub-Ch. 7205

Imports

29.49 ₹ Cr

0.0010% share

−19.54% YoY

6.40% of Sub-Ch. 7205

FY 2021-22 Exp. Rank #8020

Balance

−45.97

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−43.53% YoY

0.06% of Sub-Ch. 7205

Imports

46.93 ₹ Cr

0.0010% share

+59.14% YoY

7.08% of Sub-Ch. 7205

FY 2022-23 Exp. Rank #8672

Balance

−30.29

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−47.92% YoY

0.05% of Sub-Ch. 7205

Imports

30.79 ₹ Cr

0.0005% share

−34.39% YoY

4.20% of Sub-Ch. 7205

FY 2023-24 Exp. Rank #8160

Balance

−16.39

Exports

1.11 ₹ Cr

0.0000% share

+122.00% YoY

0.45% of Sub-Ch. 7205

Imports

17.50 ₹ Cr

0.0003% share

−43.16% YoY

2.48% of Sub-Ch. 7205

FY 2024-25 Exp. Rank #7865

Balance

−13.73

Exports

1.50 ₹ Cr

0.0000% share

+35.14% YoY

0.48% of Sub-Ch. 7205

Imports

15.23 ₹ Cr

0.0003% share

−12.97% YoY

1.98% of Sub-Ch. 7205

CAGR · 7-Year

Exports

−0.76% /yr

Imports

−15.91% /yr

Consistently Deficit
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 72051090 Export-Import Analysis

Export Decline: −0.76% CAGR Over 7 Years

India's exports under HSN Code 72051090 have declined at a compound annual rate of −0.76% over 7 fiscal years, falling from ₹1.57 Crore in FY 2018-19 to ₹1.50 Crore in FY 2024-25.

HSN Code 72051090 Ranked #7865 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72051090 ranks #7865 out of 12657 HSN codes by total export value. Within Sub-Chapter 7205, it ranks #7 of 10. By trade surplus, it ranks #9288 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 72051090 Exports

The strongest single-year export movement for HSN Code 72051090 was recorded in FY 2023-24, when exports surged by 122.00% over the prior year.

India Records a Trade Deficit of ₹13.73 Crore in HSN Code 72051090 Goods

In FY 2024-25, India's imports of ₹15.23 Cr exceeded exports of ₹1.50 Cr, resulting in a trade deficit of ₹13.73 Crore — ranking #9288 of 12657 by surplus magnitude.

Import Growth of −15.91% CAGR Signals Stable Import Dependency for Flat-Rolled Iron and Steel Products (Others)

India's imports under HSN Code 72051090 have grown at −15.91% CAGR, reaching ₹15.23 Crore in FY 2024-25.

HSN Code 72051090 Contributes 0.48% of Sub-Chapter 7205 Exports — Ranked #7

Among the 10 HSN codes under Sub-Chapter 7205, HSN Code 72051090 ranks #7 by export value — accounting for 0.48% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.98% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72051090 and GST compliance.

What products are classified under HSN 72051090 ?

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

Does packaging or labelling change the GST for Flat-Rolled Iron and Steel Products (Others)?

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 Flat-Rolled Iron and Steel Products (Others)?

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.

Any common misclassification issue with Flat-Rolled Iron and Steel Products (Others)?

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 Flat-Rolled Iron and Steel Products (Others)?

Under HSN 72051090, Flat-Rolled Iron and Steel Products (Others) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Flat-Rolled Iron and Steel Products (Others) is sold with other items?

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

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.