HSN Code 72069099: Other Ferro-Nickel Alloys

HSN Code 72069099 represents Other Ferro-Nickel Alloys under GST classification. This code helps businesses identify Other Ferro-Nickel Alloys correctly for billing, taxation, and trade. With HSN Code 72069099, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Ferro-Nickel Alloys.

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Description of Goods for HSN Code 72069099

HSN Code 72069099 relates to the following description.

Description of Goods

Other : Other : 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 72069099 not include?

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

India’s Trade Performance — HSN Code 72069099 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

+12.90% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹17 Cr

+3,831.82% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹17 Cr

Trade Deficit

Surplus rank #9441 of 12657 HSN codes

% of Sub-Chapter 7206

FY 2024-25

0.02%

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

Import side: 16.75% of Sub-Chapter 7206’s imports

Rank Within Sub-Chapter 7206

FY 2024-25

#4 of 9

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

Import-side rank: #2 of 9

At a glance

3.79%

Export CAGR

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

#9108

National Export Rank

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

+270.83%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.02%

Contribution to Sub-Ch. 7206

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #8596

Balance

−3.35

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

11.29% of Sub-Ch. 7206

Imports

3.63 ₹ Cr

0.0001% share

— YoY

3.22% of Sub-Ch. 7206

FY 2019-20 Exp. Rank #8555

Balance

+0.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+10.71% YoY

13.84% of Sub-Ch. 7206

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−95.59% YoY

0.13% of Sub-Ch. 7206

FY 2020-21 Exp. Rank #8755

Balance

−1.93

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−22.58% YoY

11.59% of Sub-Ch. 7206

Imports

2.17 ₹ Cr

0.0001% share

+1,256.25% YoY

2.52% of Sub-Ch. 7206

FY 2021-22 Exp. Rank #8075

Balance

+0.59

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+270.83% YoY

0.12% of Sub-Ch. 7206

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−86.18% YoY

0.42% of Sub-Ch. 7206

FY 2022-23 Exp. Rank #8876

Balance

−1.69

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−56.18% YoY

0.03% of Sub-Ch. 7206

Imports

2.08 ₹ Cr

0.0000% share

+593.33% YoY

3.04% of Sub-Ch. 7206

FY 2023-24 Exp. Rank #9158

Balance

−0.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−20.51% YoY

0.02% of Sub-Ch. 7206

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−78.85% YoY

0.64% of Sub-Ch. 7206

FY 2024-25 Exp. Rank #9108

Balance

−16.95

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+12.90% YoY

0.02% of Sub-Ch. 7206

Imports

17.30 ₹ Cr

0.0003% share

+3,831.82% YoY

16.75% of Sub-Ch. 7206

CAGR · 7-Year

Exports

3.79% /yr

Imports

29.72% /yr

Consistently Deficit
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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72069099 and GST compliance.

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.

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.