---
title: "HSN Code for Hot-Rolled Iron and Steel Strip (Alloy) | HSN 72052990 GST Rate"
description: "Find HSN and GST Rates for 72052990 related to Hot-Rolled Iron and Steel Strip (Alloy) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72052990/"
---

# HSN Code 72052990: Hot-Rolled Iron and Steel Strip (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 : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72052990 ?

It includes Other Ferroalloys

### Can we claim ITC on inputs used to trade Hot-Rolled Iron and Steel Strip (Alloy)?

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

### Does packaging or labelling change the GST for Hot-Rolled Iron and Steel Strip (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.

### How much GST applies to Hot-Rolled Iron and Steel Strip (Alloy)?

Under HSN 72052990, Hot-Rolled Iron and Steel Strip (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 (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 (Alloy); Nil for exempt items if applicable).

### Do e‑way bill and e‑invoice apply for Hot-Rolled Iron and Steel Strip (Alloy)?

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 Hot-Rolled Iron and Steel Strip (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 72052990 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹55 Cr (+12.26% YoY) — 0.0015% of India's total exports
- Imports: ₹219 Cr (+26.88% YoY) — 0.0036% of India's total imports
- Trade balance: −₹163 Cr (Deficit); surplus rank #11169 of 12657 HSN codes
- Share of Sub-Chapter 7205: 17.78% of its exports; import side 28.45%
- Rank within Sub-Chapter 7205: #2 of 10 by export value; import-side #1

### Key metrics

- Export CAGR: 11.09% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #3481 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +155.46% in FY 2021-22
- Contribution to Sub-Ch. 7205: 17.78% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72052990

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 | 29.52 | 0.0013% | — | 15.78% | 170.68 | 0.0048% | — | 26.42% | −141.16 | #3594 |
| FY 2019-20 | 12.23 | 0.0006% | −58.57% | 2.22% | 136.57 | 0.0041% | −19.98% | 29.00% | −124.34 | #4747 |
| FY 2020-21 | 11.81 | 0.0005% | −3.43% | 0.84% | 148.28 | 0.0051% | +8.57% | 32.19% | −136.47 | #4858 |
| FY 2021-22 | 30.17 | 0.0010% | +155.46% | 1.88% | 219.85 | 0.0048% | +48.27% | 33.17% | −189.68 | #4041 |
| FY 2022-23 | 37.16 | 0.0010% | +23.17% | 3.83% | 241.56 | 0.0042% | +9.87% | 32.94% | −204.40 | #3872 |
| FY 2023-24 | 49.41 | 0.0014% | +32.97% | 20.07% | 172.34 | 0.0031% | −28.66% | 24.47% | −122.93 | #3554 |
| FY 2024-25 | 55.47 | 0.0015% | +12.26% | 17.78% | 218.67 | 0.0036% | +26.88% | 28.45% | −163.20 | #3481 |

- CAGR (7-year): exports 11.09%/yr, imports 4.22%/yr (consistently Deficit)

## Key trade insights: HSN Code 72052990 export-import analysis

### Consistent export growth: 11.09% CAGR over 7 years

India's exports under HSN Code 72052990 have grown at a compound annual rate of 11.09% over 7 fiscal years, rising from ₹29.52 Crore in FY 2018-19 to ₹55.47 Crore in FY 2024-25.

### HSN Code 72052990 ranked #3481 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72052990 ranks #3481 out of 12657 HSN codes by total export value. Within Sub-Chapter 7205, it ranks #2 of 10. By trade surplus, it ranks #11169 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 72052990 exports

The strongest single-year export movement for HSN Code 72052990 was recorded in FY 2021-22, when exports surged by 155.46% over the prior year.

### India records a trade deficit of ₹163.20 Crore in HSN Code 72052990 goods

In FY 2024-25, India's imports of ₹218.67 Cr exceeded exports of ₹55.47 Cr, resulting in a trade deficit of ₹163.20 Crore — ranking #11169 of 12657 by surplus magnitude.

### Import growth of 4.22% CAGR signals stable import dependency for Hot-Rolled Iron and Steel Strip (Alloy)

India's imports under HSN Code 72052990 have grown at 4.22% CAGR, reaching ₹218.67 Crore in FY 2024-25.

### HSN Code 72052990 contributes 17.78% of Sub-Chapter 7205 exports — ranked #2

Among the 10 HSN codes under Sub-Chapter 7205, HSN Code 72052990 ranks #2 by export value — accounting for 17.78% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 28.45% share (rank #1).

## 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)](https://busy.in/hsn/hsn-72052910/) | ₹209 Cr |
| #2 | HSN Code 72052990: Hot-Rolled Iron and Steel Strip (Alloy) (this hsn code) | ₹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 |