---
title: "HSN Code for Other Semi-Finished Steel Products | HSN 72071190 GST Rate"
description: "Find HSN and GST Rates for 72071190 related to Other Semi-Finished Steel Products with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72071190/"
---

# HSN Code 72071190: Other Semi-Finished 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 : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72071190 ?

It includes Other Wire Rods of Stainless Steel

### How much GST applies to Other Semi-Finished Steel Products?

Under HSN 72071190, Other Semi-Finished Steel Products attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Other Semi-Finished Steel Products is sold with other items?

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

### Do e‑way bill and e‑invoice apply for Other Semi-Finished 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.

### Does packaging or labelling change the GST for Other Semi-Finished 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.

### Any common misclassification issue with Other Semi-Finished 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 72071190 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹53 Cr (−82.99% YoY) — 0.0014% of India's total exports
- Imports: ₹218 Cr (−3.99% YoY) — 0.0036% of India's total imports
- Trade balance: −₹165 Cr (Deficit); surplus rank #11178 of 12657 HSN codes
- Share of Sub-Chapter 7207: 1.68% of its exports; import side 19.52%
- Rank within Sub-Chapter 7207: #3 of 15 by export value; import-side #3

### Key metrics

- Export CAGR: -42.68% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #3545 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +236.67% in FY 2020-21
- Contribution to Sub-Ch. 7207: 1.68% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72071190

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 | 1,492.29 | 0.0653% | — | 19.27% | 10.61 | 0.0003% | — | 0.81% | +1,481.68 | #220 |
| FY 2019-20 | 1,842.11 | 0.0837% | +23.44% | 21.90% | 27.25 | 0.0008% | +156.83% | 7.05% | +1,814.86 | #174 |
| FY 2020-21 | 6,201.80 | 0.2883% | +236.67% | 31.17% | 12.49 | 0.0004% | −54.17% | 3.00% | +6,189.31 | #44 |
| FY 2021-22 | 6,294.23 | 0.2006% | +1.49% | 28.65% | 16.58 | 0.0004% | +32.75% | 16.52% | +6,277.65 | #65 |
| FY 2022-23 | 747.32 | 0.0206% | −88.13% | 9.86% | 13.80 | 0.0002% | −16.77% | 0.85% | +733.52 | #649 |
| FY 2023-24 | 311.08 | 0.0086% | −58.37% | 7.83% | 227.25 | 0.0040% | +1,546.74% | 11.20% | +83.83 | #1358 |
| FY 2024-25 | 52.93 | 0.0014% | −82.99% | 1.68% | 218.19 | 0.0036% | −3.99% | 19.52% | −165.26 | #3545 |

- CAGR (7-year): exports -42.68%/yr, imports 65.52%/yr (consistently Deficit)

## Key trade insights: HSN Code 72071190 export-import analysis

### Export decline: -42.68% CAGR over 7 years

India's exports under HSN Code 72071190 have declined at a compound annual rate of -42.68% over 7 fiscal years, falling from ₹1,492.29 Crore in FY 2018-19 to ₹52.93 Crore in FY 2024-25.

### HSN Code 72071190 ranked #3545 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72071190 ranks #3545 out of 12657 HSN codes by total export value. Within Sub-Chapter 7207, it ranks #3 of 15. By trade surplus, it ranks #11178 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 72071190 exports

The strongest single-year export movement for HSN Code 72071190 was recorded in FY 2020-21, when exports surged by 236.67% over the prior year.

### India records a trade deficit of ₹165.26 Crore in HSN Code 72071190 goods

In FY 2024-25, India's imports of ₹218.19 Cr exceeded exports of ₹52.93 Cr, resulting in a trade deficit of ₹165.26 Crore — ranking #11178 of 12657 by surplus magnitude.

### Import growth of 65.52% CAGR signals rising demand for Other Semi-Finished Steel Products

India's imports under HSN Code 72071190 have grown at 65.52% CAGR, reaching ₹218.19 Crore in FY 2024-25.

### HSN Code 72071190 contributes 1.68% of Sub-Chapter 7207 exports — ranked #3

Among the 15 HSN codes under Sub-Chapter 7207, HSN Code 72071190 ranks #3 by export value — accounting for 1.68% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 19.52% share (rank #3).

## 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 (this hsn code) | ₹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 |