HSN Code 72069091: Ferro-Nickel Alloys

HSN Code 72069091 represents Ferro-Nickel Alloys under GST classification. This code helps businesses identify Ferro-Nickel Alloys correctly for billing, taxation, and trade. With HSN Code 72069091, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Ferro-Nickel Alloys.

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Description of Goods for HSN Code 72069091

HSN Code 72069091 relates to the following description.

Description of Goods

Other : Other : 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 72069091 not include?

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

India’s Trade Performance — HSN Code 72069091 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7174 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: 0.02% of Sub-Chapter 7206’s imports

At a glance

−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 72069091

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 #9577

Balance

+0.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

1.61% of Sub-Ch. 7206

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7206

FY 2019-20

Balance

−0.14

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7206

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.12% 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

−100.00% YoY

0.00% of Sub-Ch. 7206

FY 2021-22 Exp. Rank #10198

Balance

+0.01

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

FY 2022-23

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 2023-24 Exp. Rank #8705

Balance

+0.56

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.04% of Sub-Ch. 7206

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7206

FY 2024-25

Balance

−0.02

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7206

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 7206

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 72069091 Export-Import Analysis

Export Snapshot for HSN Code 72069091

India exported ₹0.00 Crore worth of Ferro-Nickel Alloys in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2019-20 Was the Strongest Growth Year for HSN Code 72069091 Exports

The strongest single-year export movement for HSN Code 72069091 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹0.02 Crore in HSN Code 72069091 Goods

In FY 2024-25, India's imports of ₹0.02 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.02 Crore — ranking #7174 of 12657 by surplus magnitude.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72069091 and GST compliance.

What products are classified under HSN 72069091 ?

It includes Semi-Finished Products of Iron or Non-Alloy Steel

How much GST applies to Ferro-Nickel Alloys?

Under HSN 72069091, Ferro-Nickel Alloys attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Ferro-Nickel 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.

Do e‑way bill and e‑invoice apply for Ferro-Nickel 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 should mixed supplies be billed when Ferro-Nickel Alloys is sold with other items?

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

Any common misclassification issue with Ferro-Nickel Alloys?

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

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

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

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.