HSN Code 72069011: Ferro-Chromium Alloys

HSN Code 72069011 represents Ferro-Chromium Alloys under GST classification. This code helps businesses identify Ferro-Chromium Alloys correctly for billing, taxation, and trade. With HSN Code 72069011, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Ferro-Chromium Alloys.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 72069011

HSN Code 72069011 relates to the following description.

Description of Goods

Other : Of iron : Puddled bars and pilings

Chapter

72 - Iron and steel

Sub Chapter

7206 - Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 7203)

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72069011 not include?

Ferro-Chromium Alloys does not include products with the following descriptions.

India’s Trade Performance — HSN Code 72069011 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

< ₹1 Crore

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5519 of 12657 HSN codes

% of Sub-Chapter 7206

FY 2024-25

0.00%

Share of Sub-Chapter 7206’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 7206’s imports

Rank Within Sub-Chapter 7206

FY 2024-25

#7 of 9

Position by export value among HSN codes in Sub-Chapter 7206

At a glance

12.25%

Export CAGR

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

#10305

National Export Rank

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

−100.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.00%

Contribution to Sub-Ch. 7206

Share of Sub-Chapter 7206 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72069011

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 #9921

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.40% of Sub-Ch. 7206

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7206

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7206

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7206

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7206

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7206

FY 2021-22

Balance

−0.01

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7206

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 7206

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7206

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7206

FY 2023-24

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7206

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7206

FY 2024-25 Exp. Rank #10305

Balance

+0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7206

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7206

CAGR · 7-Year

Exports

12.25% /yr

Imports

Consistently Surplus
Sub-Chapter 7206 total

reference, FY 2024-25

Export

₹1,473.38 Cr

Import

₹103.26 Cr

Trade Balance

+1,370.12

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72069011 Export-Import Analysis

Consistent Export Growth: 12.25% CAGR Over 7 Years

India's exports under HSN Code 72069011 have grown at a compound annual rate of 12.25% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.02 Crore in FY 2024-25.

HSN Code 72069011 Ranked #10305 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72069011 ranks #10305 out of 12657 HSN codes by total export value. Within Sub-Chapter 7206, it ranks #7 of 9. By trade surplus, it ranks #5519 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 72069011 Exports

The strongest single-year export movement for HSN Code 72069011 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year.

India Maintains a Trade Surplus of ₹0.02 Crore in HSN Code 72069011 Goods

In FY 2024-25, India's exports of ₹0.02 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.02 Crore — ranking #5519 of 12657 by surplus magnitude.

HSN Code 72069011 Contributes 0.00% of Sub-Chapter 7206 Exports — Ranked #7

Among the 9 HSN codes under Sub-Chapter 7206, HSN Code 72069011 ranks #7 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 72069011 and GST compliance.

What products are classified under HSN 72069011 ?

It includes Ferro-Nickel Alloys

Can we claim ITC on inputs used to trade Ferro-Chromium Alloys?

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 Ferro-Chromium Alloys?

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 Ferro-Chromium Alloys?

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 Ferro-Chromium Alloys is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Ferro-Chromium Alloys; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Ferro-Chromium Alloys?

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 Ferro-Chromium Alloys?

Under HSN 72069011, Ferro-Chromium Alloys attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.