HSN Code 72052910: Hot-Rolled Iron and Steel Strip (Non-Alloy)

HSN Code 72052910 represents Hot-Rolled Iron and Steel Strip (Non-Alloy) under GST classification. This code helps businesses identify Hot-Rolled Iron and Steel Strip (Non-Alloy) correctly for billing, taxation, and trade. With HSN Code 72052910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-Rolled Iron and Steel Strip (Non-Alloy).

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Description of Goods for HSN Code 72052910

HSN Code 72052910 relates to the following description.

Description of Goods

Powders : Other : Of iron

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 72052910 not include?

Hot-Rolled Iron and Steel Strip (Non-Alloy) does not include products with the following descriptions.

India’s Trade Performance — HSN Code 72052910 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

₹209 Cr

+18.53% vs FY 2023-24

0.0057% of India’s total exports

India’s Imports

FY 2024-25

₹131 Cr

+14.14% vs FY 2023-24

0.0021% of India’s total imports

Trade Balance

FY 2024-25

₹79 Cr

Trade Surplus

Surplus rank #1781 of 12657 HSN codes

% of Sub-Chapter 7205

FY 2024-25

67.10%

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

Import side: 16.99% of Sub-Chapter 7205’s imports

Rank Within Sub-Chapter 7205

FY 2024-25

#1 of 10

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

Import-side rank: #3 of 10

At a glance

14.86%

Export CAGR

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

#1788

National Export Rank

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

+51.94%

Peak Growth Year

FY 2021-22 · strongest single-year move

67.10%

Contribution to Sub-Ch. 7205

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #2121

Balance

−26.02

Exports

91.20 ₹ Cr

0.0040% share

— YoY

48.75% of Sub-Ch. 7205

Imports

117.22 ₹ Cr

0.0033% share

— YoY

18.15% of Sub-Ch. 7205

FY 2019-20 Exp. Rank #2267

Balance

+4.60

Exports

80.83 ₹ Cr

0.0037% share

−11.37% YoY

14.69% of Sub-Ch. 7205

Imports

76.23 ₹ Cr

0.0023% share

−34.97% YoY

16.19% of Sub-Ch. 7205

FY 2020-21 Exp. Rank #2169

Balance

+28.90

Exports

91.83 ₹ Cr

0.0043% share

+13.61% YoY

6.56% of Sub-Ch. 7205

Imports

62.93 ₹ Cr

0.0022% share

−17.45% YoY

13.66% of Sub-Ch. 7205

FY 2021-22 Exp. Rank #2021

Balance

+29.58

Exports

139.53 ₹ Cr

0.0044% share

+51.94% YoY

8.71% of Sub-Ch. 7205

Imports

109.95 ₹ Cr

0.0024% share

+74.72% YoY

16.59% of Sub-Ch. 7205

FY 2022-23 Exp. Rank #1865

Balance

+64.99

Exports

176.09 ₹ Cr

0.0049% share

+26.20% YoY

18.17% of Sub-Ch. 7205

Imports

111.10 ₹ Cr

0.0019% share

+1.05% YoY

15.15% of Sub-Ch. 7205

FY 2023-24 Exp. Rank #1918

Balance

+62.24

Exports

176.65 ₹ Cr

0.0049% share

+0.32% YoY

71.74% of Sub-Ch. 7205

Imports

114.41 ₹ Cr

0.0020% share

+2.98% YoY

16.24% of Sub-Ch. 7205

FY 2024-25 Exp. Rank #1788

Balance

+78.79

Exports

209.38 ₹ Cr

0.0057% share

+18.53% YoY

67.10% of Sub-Ch. 7205

Imports

130.59 ₹ Cr

0.0021% share

+14.14% YoY

16.99% of Sub-Ch. 7205

CAGR · 7-Year

Exports

14.86% /yr

Imports

1.82% /yr

Consistently Surplus
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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72052910 and GST compliance.

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.

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.