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HSN Code 72071210: Electrical-Quality Steel Slabs, Carbon Below 0.20%
HSN Code 72071210 represents Electrical-Quality Steel Slabs, Carbon Below 0.20% under GST classification. This code helps businesses identify Electrical-Quality Steel Slabs, Carbon Below 0.20% correctly for billing, taxation, and trade. With HSN Code 72071210, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Electrical-Quality Steel Slabs, Carbon Below 0.20%.
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Description of Goods for HSN Code 72071210
HSN Code 72071210 relates to the following description.
What does HSN Code 72071210 not include?
Electrical-Quality Steel Slabs, Carbon Below 0.20% does not include products with the following descriptions.
Containing by weight less than 0.20% of carbon : Of rectangular (including square) crosssection, the width measuring less than twice the thickness : Electrical quality
Containing by weight less than 0.20% of carbon : Of rectangular (including square) crosssection, the width measuring less than twice the thickness : Forging quality
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
Containing by weight less than 0.20% of carbon : Of rectangular (including square) crosssection, the width measuring less than twice the thickness : Other
Containing by weight less than 0.20% of carbon : Other, of rectangular (other than square) cross-section : Forging quality
Containing by weight less than 0.20% of carbon : Other, of rectangular (other than square) cross-section : Seamless steel tube quality
Containing by weight less than 0.20% of carbon : Other, of rectangular (other than square) cross-section : Other
Containing by weight less than 0.20% of carbon : Other : Forged blanks of non-alloy steel
Containing by weight less than 0.20% of carbon : Other : Mild steel billets
Containing by weight less than 0.20% of carbon : Other : Other
Containing by weight 0.20% or more of carbon : Forging quality
Containing by weight 0.20% or more of carbon : Spring steel quality
Containing by weight 0.20% or more of carbon : Seamless steel tube quality
Containing by weight 0.20% or more of carbon : Other
Containing by weight less than 0.20% of carbon : Of rectangular (including square) crosssection, the width measuring less than twice the thickness : Electrical quality
Containing by weight less than 0.20% of carbon : Of rectangular (including square) crosssection, the width measuring less than twice the thickness : Forging quality
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
Containing by weight less than 0.20% of carbon : Of rectangular (including square) crosssection, the width measuring less than twice the thickness : Other
Containing by weight less than 0.20% of carbon : Other, of rectangular (other than square) cross-section : Forging quality
Containing by weight less than 0.20% of carbon : Other, of rectangular (other than square) cross-section : Seamless steel tube quality
Containing by weight less than 0.20% of carbon : Other, of rectangular (other than square) cross-section : Other
Containing by weight less than 0.20% of carbon : Other : Forged blanks of non-alloy steel
Containing by weight less than 0.20% of carbon : Other : Mild steel billets
Containing by weight less than 0.20% of carbon : Other : Other
Containing by weight 0.20% or more of carbon : Forging quality
Containing by weight 0.20% or more of carbon : Spring steel quality
Containing by weight 0.20% or more of carbon : Seamless steel tube quality
Containing by weight 0.20% or more of carbon : Other
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India’s Trade Performance — HSN Code 72071210 in FY 2025-26
India’s Exports
FY 2025-26₹8 Cr
0.0002% of India’s total exports
India’s Imports
FY 2025-26Nil
0.0000% of India’s total imports
Trade Balance
FY 2025-26₹8 Cr
Surplus rank #3560 of 12872 HSN codes
% of Sub-Chapter 7207
FY 2025-260.18%
Share of Sub-Chapter 7207’s total exports in FY 2025-26
Import side: 0.00% of Sub-Chapter 7207’s imports
Rank Within Sub-Chapter 7207
FY 2025-26#7 of 15
Position by export value among HSN codes in Sub-Chapter 7207
At a glance
#6247
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
−100.00%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.18%
Contribution to Sub-Ch. 7207
Share of Sub-Chapter 7207 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 72071210
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
Balance
−0.51
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.12% of Sub-Ch. 7207
Balance
−0.29
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−39.22% YoY
0.31% of Sub-Ch. 7207
Balance
−0.04
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−87.10% YoY
0.00% of Sub-Ch. 7207
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7207
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
Balance
+7.95
Exports
7.95 ₹ Cr
0.0002% share
— YoY
0.18% of Sub-Ch. 7207
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
reference, FY 2025-26
Export
₹4,377.65 Cr
Import
₹4,470.55 Cr
Trade Balance
−92.90
Key Trade Insights: HSN Code 72071210 Export-Import Analysis
Export Snapshot for HSN Code 72071210
India exported ₹7.95 Crore worth of Electrical-Quality Steel Slabs, Carbon Below 0.20% in FY 2025-26. Multi-year trend data is being compiled for this hsn code.
HSN Code 72071210 Ranked #6247 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 72071210 ranks #6247 out of 12872 HSN codes by total export value. Within Sub-Chapter 7207, it ranks #7 of 15. By trade surplus, it ranks #3560 of 12872.
FY 2022-23 Was the Strongest Growth Year for HSN Code 72071210 Exports
The strongest single-year export movement for HSN Code 72071210 was recorded in FY 2022-23, when exports declined by 100.00% over the prior year.
India Maintains a Trade Surplus of ₹7.95 Crore in HSN Code 72071210 Goods
In FY 2025-26, India's exports of ₹7.95 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹7.95 Crore — ranking #3560 of 12872 by surplus magnitude.
HSN Code 72071210 Contributes 0.18% of Sub-Chapter 7207 Exports — Ranked #7
Among the 15 HSN codes under Sub-Chapter 7207, HSN Code 72071210 ranks #7 by export value — accounting for 0.18% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.00% share.
Frequently Asked Questions
Clear answers to common queries about HSN Code 72071210 and GST compliance.
What products are classified under HSN 72071210 ?
It includes Other Wire Rods
Any common misclassification issue with Electrical-Quality Steel Slabs, Carbon Below 0.20%?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Does packaging or labelling change the GST for Electrical-Quality Steel Slabs, Carbon Below 0.20%?
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 Electrical-Quality Steel Slabs, Carbon Below 0.20%?
Under HSN 72071210, Electrical-Quality Steel Slabs, Carbon Below 0.20% attracts Varies when sold in taxable form. Describe the exact form on the invoice.
How should mixed supplies be billed when Electrical-Quality Steel Slabs, Carbon Below 0.20% is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Electrical-Quality Steel Slabs, Carbon Below 0.20%; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Electrical-Quality Steel Slabs, Carbon Below 0.20%?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.