--- title: "HSN Code for Other Ferroalloys | HSN 72061090 GST Rate" description: "Find HSN and GST Rates for 72061090 related to Other Ferroalloys with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72061090/" --- # HSN Code 72061090: Other Ferroalloys - [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 7206: Primary Iron & Steel](https://busy.in/hsn/sub-chapter-7206/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Ingots : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72061090 ? It includes Other Ferro-Boron Alloys ### Can we claim ITC on inputs used to trade Other Ferroalloys? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Other Ferroalloys? 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. ### Does packaging or labelling change the GST for Other Ferroalloys? 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 Other Ferroalloys? Under HSN 72061090, Other Ferroalloys attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Other Ferroalloys? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Other Ferroalloys is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Ferroalloys; Nil for exempt items if applicable). ## India's trade performance: HSN Code 72061090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−80.49% YoY) — 0.0000% of India's total exports - Imports: ₹76 Cr (+38.57% YoY) — 0.0013% of India's total imports - Trade balance: −₹76 Cr (Deficit); surplus rank #10577 of 12657 HSN codes - Share of Sub-Chapter 7206: 0.01% of its exports; import side 73.70% - Rank within Sub-Chapter 7206: #6 of 9 by export value; import-side #1 ### Key metrics - Export CAGR: -22.87% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9843 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +2,523.44% in FY 2021-22 - Contribution to Sub-Ch. 7206: 0.01% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72061090 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. 7206 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7206 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 15.32% | 81.78 | 0.0023% | — | 72.49% | −81.40 | #8380 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +5.26% | 17.86% | 101.36 | 0.0030% | +23.94% | 84.72% | −100.96 | #8373 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +60.00% | 30.92% | 73.49 | 0.0025% | −27.50% | 85.28% | −72.85 | #8040 | | FY 2021-22 | 16.79 | 0.0005% | +2,523.44% | 2.20% | 56.79 | 0.0012% | −22.72% | 79.25% | −40.00 | #4821 | | FY 2022-23 | 11.78 | 0.0003% | −29.84% | 0.84% | 52.88 | 0.0009% | −6.89% | 77.37% | −41.10 | #5411 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −96.52% | 0.03% | 54.92 | 0.0010% | +3.86% | 79.36% | −54.51 | #8961 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −80.49% | 0.01% | 76.10 | 0.0013% | +38.57% | 73.70% | −76.02 | #9843 | - CAGR (7-year): exports -22.87%/yr, imports -1.19%/yr (consistently Deficit) ## Key trade insights: HSN Code 72061090 export-import analysis ### Export decline: -22.87% CAGR over 7 years India's exports under HSN Code 72061090 have declined at a compound annual rate of -22.87% over 7 fiscal years, falling from ₹0.38 Crore in FY 2018-19 to ₹0.08 Crore in FY 2024-25. ### HSN Code 72061090 ranked #9843 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72061090 ranks #9843 out of 12657 HSN codes by total export value. Within Sub-Chapter 7206, it ranks #6 of 9. By trade surplus, it ranks #10577 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72061090 exports The strongest single-year export movement for HSN Code 72061090 was recorded in FY 2021-22, when exports surged by 2,523.44% over the prior year. ### India records a trade deficit of ₹76.02 Crore in HSN Code 72061090 goods In FY 2024-25, India's imports of ₹76.10 Cr exceeded exports of ₹0.08 Cr, resulting in a trade deficit of ₹76.02 Crore — ranking #10577 of 12657 by surplus magnitude. ### Import growth of -1.19% CAGR signals stable import dependency for Other Ferroalloys India's imports under HSN Code 72061090 have grown at -1.19% CAGR, reaching ₹76.10 Crore in FY 2024-25. ### HSN Code 72061090 contributes 0.01% of Sub-Chapter 7206 exports — ranked #6 Among the 9 HSN codes under Sub-Chapter 7206, HSN Code 72061090 ranks #6 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 73.70% share (rank #1). ## Related HSN Codes in Sub-Chapter 7206 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72069019: Other Ferro-Boron Alloys](https://busy.in/hsn/hsn-72069019/) | ₹1,471 Cr | | #2 | [HSN Code 72061020: Ferroalloys: Silicomanganese](https://busy.in/hsn/hsn-72061020/) | < ₹1 Crore | | #3 | [HSN Code 72061010: Ferroalloys: Ferromanganese](https://busy.in/hsn/hsn-72061010/) | < ₹1 Crore | | #4 | [HSN Code 72069099: Other Ferro-Nickel Alloys](https://busy.in/hsn/hsn-72069099/) | < ₹1 Crore | | #5 | [HSN Code 72069012: Charge-Chrome Ferro-Boron](https://busy.in/hsn/hsn-72069012/) | < ₹1 Crore | | #6 | HSN Code 72061090: Other Ferroalloys (this hsn code) | < ₹1 Crore | | #7 | [HSN Code 72069011: Ferro-Chromium Alloys](https://busy.in/hsn/hsn-72069011/) | < ₹1 Crore | | — | [HSN Code 72069091: Ferro-Nickel Alloys](https://busy.in/hsn/hsn-72069091/) | Nil | | — | [HSN Code 72069092: Ferro-Nickel with Cobalt](https://busy.in/hsn/hsn-72069092/) | Nil |