--- title: "HSN Code for Other Ferro-Nickel Alloys | HSN 72069099 GST Rate" description: "Find HSN and GST Rates for 72069099 related to Other Ferro-Nickel Alloys with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72069099/" --- # HSN Code 72069099: Other Ferro-Nickel Alloys - [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 | | --- | --- | --- | --- | --- | | Other : Other : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72069099 ? It includes Semi-Finished Stainless Steel Products ### Any common misclassification issue with Other 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. ### How should mixed supplies be billed when Other 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 Other Ferro-Nickel Alloys; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Other 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. ### How much GST applies to Other Ferro-Nickel Alloys? Under HSN 72069099, Other Ferro-Nickel Alloys attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Other 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. ## India's trade performance: HSN Code 72069099 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+12.90% YoY) — 0.0000% of India's total exports - Imports: ₹17 Cr (+3,831.82% YoY) — 0.0003% of India's total imports - Trade balance: −₹17 Cr (Deficit); surplus rank #9441 of 12657 HSN codes - Share of Sub-Chapter 7206: 0.02% of its exports; import side 16.75% - Rank within Sub-Chapter 7206: #4 of 9 by export value; import-side #2 ### Key metrics - Export CAGR: 3.79% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9108 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +270.83% in FY 2021-22 - Contribution to Sub-Ch. 7206: 0.02% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72069099 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% | — | 11.29% | 3.63 | 0.0001% | — | 3.22% | −3.35 | #8596 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +10.71% | 13.84% | < ₹1 Crore | 0.0000% | −95.59% | 0.13% | +0.15 | #8555 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −22.58% | 11.59% | 2.17 | 0.0001% | +1,256.25% | 2.52% | −1.93 | #8755 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +270.83% | 0.12% | < ₹1 Crore | 0.0000% | −86.18% | 0.42% | +0.59 | #8075 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −56.18% | 0.03% | 2.08 | 0.0000% | +593.33% | 3.04% | −1.69 | #8876 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −20.51% | 0.02% | < ₹1 Crore | 0.0000% | −78.85% | 0.64% | −0.13 | #9158 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +12.90% | 0.02% | 17.30 | 0.0003% | +3,831.82% | 16.75% | −16.95 | #9108 | - CAGR (7-year): exports 3.79%/yr, imports 29.72%/yr (consistently Deficit) ## Key trade insights: HSN Code 72069099 export-import analysis ### Consistent export growth: 3.79% CAGR over 7 years India's exports under HSN Code 72069099 have grown at a compound annual rate of 3.79% over 7 fiscal years, rising from ₹0.28 Crore in FY 2018-19 to ₹0.35 Crore in FY 2024-25. ### HSN Code 72069099 ranked #9108 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72069099 ranks #9108 out of 12657 HSN codes by total export value. Within Sub-Chapter 7206, it ranks #4 of 9. By trade surplus, it ranks #9441 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72069099 exports The strongest single-year export movement for HSN Code 72069099 was recorded in FY 2021-22, when exports surged by 270.83% over the prior year. ### India records a trade deficit of ₹16.95 Crore in HSN Code 72069099 goods In FY 2024-25, India's imports of ₹17.30 Cr exceeded exports of ₹0.35 Cr, resulting in a trade deficit of ₹16.95 Crore — ranking #9441 of 12657 by surplus magnitude. ### Import growth of 29.72% CAGR signals rising demand for Other Ferro-Nickel Alloys India's imports under HSN Code 72069099 have grown at 29.72% CAGR, reaching ₹17.30 Crore in FY 2024-25. ### HSN Code 72069099 contributes 0.02% of Sub-Chapter 7206 exports — ranked #4 Among the 9 HSN codes under Sub-Chapter 7206, HSN Code 72069099 ranks #4 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 16.75% share (rank #2). ## 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 (this hsn code) | < ₹1 Crore | | #5 | [HSN Code 72069012: Charge-Chrome Ferro-Boron](https://busy.in/hsn/hsn-72069012/) | < ₹1 Crore | | #6 | [HSN Code 72061090: Other Ferroalloys](https://busy.in/hsn/hsn-72061090/) | < ₹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 |