--- title: "HSN Code for Hot-Rolled Iron and Steel Strip (Non-Alloy) | HSN 72052910 GST Rate" description: "Find HSN and GST Rates for 72052910 related to Hot-Rolled Iron and Steel Strip (Non-Alloy) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72052910/" --- # HSN Code 72052910: Hot-Rolled Iron and Steel Strip (Non-Alloy) - [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 | | --- | --- | --- | --- | --- | | Powders : Other : Of iron | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72052910 ? It includes Ferroalloys: Silicomanganese ### Can we claim ITC on inputs used to trade Hot-Rolled Iron and Steel Strip (Non-Alloy)? 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 Hot-Rolled Iron and Steel Strip (Non-Alloy)? Under HSN 72052910, Hot-Rolled Iron and Steel Strip (Non-Alloy) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Hot-Rolled Iron and Steel Strip (Non-Alloy) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hot-Rolled Iron and Steel Strip (Non-Alloy); Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Hot-Rolled Iron and Steel Strip (Non-Alloy)? 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. ### Any common misclassification issue with Hot-Rolled Iron and Steel Strip (Non-Alloy)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 72052910 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹209 Cr (+18.53% YoY) — 0.0057% of India's total exports - Imports: ₹131 Cr (+14.14% YoY) — 0.0021% of India's total imports - Trade balance: ₹79 Cr (Surplus); surplus rank #1781 of 12657 HSN codes - Share of Sub-Chapter 7205: 67.10% of its exports; import side 16.99% - Rank within Sub-Chapter 7205: #1 of 10 by export value; import-side #3 ### Key metrics - Export CAGR: 14.86% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1788 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +51.94% in FY 2021-22 - Contribution to Sub-Ch. 7205: 67.10% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72052910 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 | 91.20 | 0.0040% | — | 48.75% | 117.22 | 0.0033% | — | 18.15% | −26.02 | #2121 | | FY 2019-20 | 80.83 | 0.0037% | −11.37% | 14.69% | 76.23 | 0.0023% | −34.97% | 16.19% | +4.60 | #2267 | | FY 2020-21 | 91.83 | 0.0043% | +13.61% | 6.56% | 62.93 | 0.0022% | −17.45% | 13.66% | +28.90 | #2169 | | FY 2021-22 | 139.53 | 0.0044% | +51.94% | 8.71% | 109.95 | 0.0024% | +74.72% | 16.59% | +29.58 | #2021 | | FY 2022-23 | 176.09 | 0.0049% | +26.20% | 18.17% | 111.10 | 0.0019% | +1.05% | 15.15% | +64.99 | #1865 | | FY 2023-24 | 176.65 | 0.0049% | +0.32% | 71.74% | 114.41 | 0.0020% | +2.98% | 16.24% | +62.24 | #1918 | | FY 2024-25 | 209.38 | 0.0057% | +18.53% | 67.10% | 130.59 | 0.0021% | +14.14% | 16.99% | +78.79 | #1788 | - CAGR (7-year): exports 14.86%/yr, imports 1.82%/yr (consistently Surplus) ## Key trade insights: HSN Code 72052910 export-import analysis ### Consistent export growth: 14.86% CAGR over 7 years India's exports under HSN Code 72052910 have grown at a compound annual rate of 14.86% over 7 fiscal years, rising from ₹91.20 Crore in FY 2018-19 to ₹209.38 Crore in FY 2024-25. ### HSN Code 72052910 ranked #1788 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72052910 ranks #1788 out of 12657 HSN codes by total export value. Within Sub-Chapter 7205, it ranks #1 of 10. By trade surplus, it ranks #1781 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72052910 exports The strongest single-year export movement for HSN Code 72052910 was recorded in FY 2021-22, when exports surged by 51.94% over the prior year. ### India maintains a trade surplus of ₹78.79 Crore in HSN Code 72052910 goods In FY 2024-25, India's exports of ₹209.38 Cr exceeded imports of ₹130.59 Cr, resulting in a trade surplus of ₹78.79 Crore — ranking #1781 of 12657 by surplus magnitude. ### Import growth of 1.82% CAGR signals stable import dependency for Hot-Rolled Iron and Steel Strip (Non-Alloy) India's imports under HSN Code 72052910 have grown at 1.82% CAGR, reaching ₹130.59 Crore in FY 2024-25. ### HSN Code 72052910 contributes 67.10% of Sub-Chapter 7205 exports — ranked #1 Among the 10 HSN codes under Sub-Chapter 7205, HSN Code 72052910 ranks #1 by export value — accounting for 67.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 16.99% share (rank #3). ## 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) (this hsn code) | ₹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)](https://busy.in/hsn/hsn-72051021/) | ₹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 |