HSN Code 72069019: Other Ferro-Boron Alloys

HSN Code 72069019 represents Other Ferro-Boron Alloys under GST classification. This code helps businesses identify Other Ferro-Boron Alloys correctly for billing, taxation, and trade. With HSN Code 72069019, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Ferro-Boron Alloys.

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Description of Goods for HSN Code 72069019

HSN Code 72069019 relates to the following description.

Description of Goods

Other : Of iron : Other

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 72069019 not include?

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

India’s Trade Performance — HSN Code 72069019 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

₹1,471 Cr

−2.32% vs FY 2023-24

0.0400% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

+175.65% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹1,468 Cr

Trade Surplus

Surplus rank #265 of 12657 HSN codes

% of Sub-Chapter 7206

FY 2024-25

99.83%

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

Import side: 3.07% of Sub-Chapter 7206’s imports

Rank Within Sub-Chapter 7206

FY 2024-25

#1 of 9

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

Import-side rank: #4 of 9

At a glance

274.87%

Export CAGR

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

#374

National Export Rank

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

+68,720.37%

Peak Growth Year

FY 2021-22 · strongest single-year move

99.83%

Contribution to Sub-Ch. 7206

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

India Export-Import Trade Statistics for HSN Code 72069019

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 #8136

Balance

−3.75

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

21.37% of Sub-Ch. 7206

Imports

4.28 ₹ Cr

0.0001% share

— YoY

3.79% of Sub-Ch. 7206

FY 2019-20 Exp. Rank #7696

Balance

−8.36

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+71.70% YoY

40.63% of Sub-Ch. 7206

Imports

9.27 ₹ Cr

0.0003% share

+116.59% YoY

7.75% of Sub-Ch. 7206

FY 2020-21 Exp. Rank #7603

Balance

−0.52

Exports

1.08 ₹ Cr

0.0001% share

+18.68% YoY

52.17% of Sub-Ch. 7206

Imports

1.60 ₹ Cr

0.0001% share

−82.74% YoY

1.86% of Sub-Ch. 7206

FY 2021-22 Exp. Rank #600

Balance

+741.70

Exports

743.26 ₹ Cr

0.0237% share

+68,720.37% YoY

97.38% of Sub-Ch. 7206

Imports

1.56 ₹ Cr

0.0000% share

−2.50% YoY

2.18% of Sub-Ch. 7206

FY 2022-23 Exp. Rank #371

Balance

+1,380.94

Exports

1,383.01 ₹ Cr

0.0382% share

+86.07% YoY

98.73% of Sub-Ch. 7206

Imports

2.07 ₹ Cr

0.0000% share

+32.69% YoY

3.03% of Sub-Ch. 7206

FY 2023-24 Exp. Rank #334

Balance

+1,504.76

Exports

1,505.91 ₹ Cr

0.0416% share

+8.89% YoY

99.67% of Sub-Ch. 7206

Imports

1.15 ₹ Cr

0.0000% share

−44.44% YoY

1.66% of Sub-Ch. 7206

FY 2024-25 Exp. Rank #374

Balance

+1,467.73

Exports

1,470.90 ₹ Cr

0.0400% share

−2.32% YoY

99.83% of Sub-Ch. 7206

Imports

3.17 ₹ Cr

0.0001% share

+175.65% YoY

3.07% of Sub-Ch. 7206

CAGR · 7-Year

Exports

274.87% /yr

Imports

−4.88% /yr

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 72069019 Export-Import Analysis

Consistent Export Growth: 274.87% CAGR Over 7 Years

India's exports under HSN Code 72069019 have grown at a compound annual rate of 274.87% over 7 fiscal years, rising from ₹0.53 Crore in FY 2018-19 to ₹1,470.90 Crore in FY 2024-25.

HSN Code 72069019 Ranked #374 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72069019 ranks #374 out of 12657 HSN codes by total export value. Within Sub-Chapter 7206, it ranks #1 of 9. By trade surplus, it ranks #265 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72069019 Exports

The strongest single-year export movement for HSN Code 72069019 was recorded in FY 2021-22, when exports surged by 68,720.37% over the prior year.

India Maintains a Trade Surplus of ₹1,467.73 Crore in HSN Code 72069019 Goods

In FY 2024-25, India's exports of ₹1,470.90 Cr exceeded imports of ₹3.17 Cr, resulting in a trade surplus of ₹1,467.73 Crore — ranking #265 of 12657 by surplus magnitude.

Import Growth of −4.88% CAGR Signals Stable Import Dependency for Other Ferro-Boron Alloys

India's imports under HSN Code 72069019 have grown at −4.88% CAGR, reaching ₹3.17 Crore in FY 2024-25.

HSN Code 72069019 Contributes 99.83% of Sub-Chapter 7206 Exports — Ranked #1

Among the 9 HSN codes under Sub-Chapter 7206, HSN Code 72069019 ranks #1 by export value — accounting for 99.83% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.07% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72069019 and GST compliance.

What products are classified under HSN 72069019 ?

It includes Other Ferro-Nickel Alloys

Does packaging or labelling change the GST for Other Ferro-Boron 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 should mixed supplies be billed when Other Ferro-Boron Alloys is sold with other items?

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

Any common misclassification issue with Other Ferro-Boron Alloys?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Do e‑way bill and e‑invoice apply for Other Ferro-Boron 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.

How much GST applies to Other Ferro-Boron Alloys?

Under HSN 72069019, Other Ferro-Boron 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.