--- title: "HSN Code for Semi-Finished Stainless Steel Products | HSN 72071130 GST Rate" description: "Find HSN and GST Rates for 72071130 related to Semi-Finished Stainless Steel Products with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72071130/" --- # HSN Code 72071130: Semi-Finished Stainless Steel Products - [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 7207: Semi-finished Steel](https://busy.in/hsn/sub-chapter-7207/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Containing by weight less than 0.20% of carbon : Of rectangular (including square) crosssection, the width measuring less than twice the thickness : Seamless steel tube quality | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72071130 ? It includes Other Wire Rods of Alloy Steel ### How much GST applies to Semi-Finished Stainless Steel Products? Under HSN 72071130, Semi-Finished Stainless Steel Products attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Semi-Finished Stainless Steel Products? 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 Semi-Finished Stainless Steel Products? 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 Semi-Finished Stainless Steel Products is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Semi-Finished Stainless Steel Products; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Semi-Finished Stainless Steel Products? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Semi-Finished Stainless Steel Products? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 72071130 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore — 0.0000% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5274 of 12657 HSN codes - Share of Sub-Chapter 7207: 0.00% of its exports; import side 0.00% - Rank within Sub-Chapter 7207: #12 of 15 by export value ### Key metrics - National export rank: #9797 of 12657 HSN codes by export value (FY 2024-25) - Contribution to Sub-Ch. 7207: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72071130 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. 7207 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7207 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2022-23 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2023-24 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2024-25 | < ₹1 Crore | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | +0.09 | #9797 | ## Key trade insights: HSN Code 72071130 export-import analysis ### Export snapshot for HSN Code 72071130 India exported ₹0.09 Crore worth of Semi-Finished Stainless Steel Products in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 72071130 ranked #9797 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72071130 ranks #9797 out of 12657 HSN codes by total export value. Within Sub-Chapter 7207, it ranks #12 of 15. By trade surplus, it ranks #5274 of 12657. ### India maintains a trade surplus of ₹0.09 Crore in HSN Code 72071130 goods In FY 2024-25, India's exports of ₹0.09 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.09 Crore — ranking #5274 of 12657 by surplus magnitude. ### HSN Code 72071130 contributes 0.00% of Sub-Chapter 7207 exports — ranked #12 Among the 15 HSN codes under Sub-Chapter 7207, HSN Code 72071130 ranks #12 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. ## Related HSN Codes in Sub-Chapter 7207 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72071290: Other Wire Rods](https://busy.in/hsn/hsn-72071290/) | ₹2,142 Cr | | #2 | [HSN Code 72071920: Bars and Rods of Alloy Hot-Rolled Steel](https://busy.in/hsn/hsn-72071920/) | ₹882 Cr | | #3 | [HSN Code 72071190: Other Semi-Finished Steel Products](https://busy.in/hsn/hsn-72071190/) | ₹53 Cr | | #4 | [HSN Code 72071990: Other Hot-Rolled Bars and Rods](https://busy.in/hsn/hsn-72071990/) | ₹48 Cr | | #5 | [HSN Code 72072090: Other Cold-Rolled Bars and Rods](https://busy.in/hsn/hsn-72072090/) | ₹16 Cr | | #6 | [HSN Code 72071910: Bars and Rods of Non-Alloy Hot-Rolled Iron](https://busy.in/hsn/hsn-72071910/) | ₹5 Cr | | #7 | [HSN Code 72071110: Semi-Finished Products of Iron or Non-Alloy Steel](https://busy.in/hsn/hsn-72071110/) | ₹2 Cr | | #8 | [HSN Code 72071120: Semi-Finished Alloy Steel Products](https://busy.in/hsn/hsn-72071120/) | ₹2 Cr | | #9 | [HSN Code 72072010: Bars and Rods of Non-Alloy Cold-Rolled Iron](https://busy.in/hsn/hsn-72072010/) | ₹1 Cr | | #10 | [HSN Code 72072030: Bars and Rods of Stainless Cold-Rolled Steel](https://busy.in/hsn/hsn-72072030/) | < ₹1 Crore | | #12 | HSN Code 72071130: Semi-Finished Stainless Steel Products (this hsn code) | < ₹1 Crore |