--- title: "HSN Code for Bars and Rods of Non-Alloy Hot-Rolled Iron | HSN 72071910 GST Rate" description: "Find HSN and GST Rates for 72071910 related to Bars and Rods of Non-Alloy Hot-Rolled Iron with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72071910/" --- # HSN Code 72071910: Bars and Rods of Non-Alloy Hot-Rolled Iron - [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 : Other : Forged blanks of non-alloy steel | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72071910 ? It includes Bars and Rods of Non-Alloy Cold-Rolled Iron ### Do e‑way bill and e‑invoice apply for Bars and Rods of Non-Alloy Hot-Rolled Iron? 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 Bars and Rods of Non-Alloy Hot-Rolled Iron? 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 should mixed supplies be billed when Bars and Rods of Non-Alloy Hot-Rolled Iron is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Bars and Rods of Non-Alloy Hot-Rolled Iron; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Bars and Rods of Non-Alloy Hot-Rolled Iron? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Bars and Rods of Non-Alloy Hot-Rolled Iron? Under HSN 72071910, Bars and Rods of Non-Alloy Hot-Rolled Iron attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 72071910 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹5 Cr (−71.98% YoY) — 0.0001% of India's total exports - Imports: < ₹1 Crore (−40.00% YoY) — 0.0000% of India's total imports - Trade balance: ₹5 Cr (Surplus); surplus rank #3782 of 12657 HSN codes - Share of Sub-Chapter 7207: 0.16% of its exports; import side 0.05% - Rank within Sub-Chapter 7207: #6 of 15 by export value; import-side #9 ### Key metrics - Export CAGR: 35.67% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6599 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +615.08% in FY 2023-24 - Contribution to Sub-Ch. 7207: 0.16% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72071910 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 Crore | 0.0000% | — | 0.01% | 5.86 | 0.0002% | — | 0.44% | −5.05 | #7806 | | FY 2019-20 | 1.12 | 0.0001% | +38.27% | 0.01% | < ₹1 Crore | 0.0000% | −89.76% | 0.16% | +0.52 | #7491 | | FY 2020-21 | 2.05 | 0.0001% | +83.04% | 0.01% | < ₹1 Crore | 0.0000% | −40.00% | 0.09% | +1.69 | #6960 | | FY 2021-22 | 1.28 | 0.0000% | −37.56% | 0.01% | < ₹1 Crore | 0.0000% | +94.44% | 0.70% | +0.58 | #7767 | | FY 2022-23 | 2.52 | 0.0001% | +96.88% | 0.03% | < ₹1 Crore | 0.0000% | +14.29% | 0.05% | +1.72 | #7181 | | FY 2023-24 | 18.02 | 0.0005% | +615.08% | 0.45% | < ₹1 Crore | 0.0000% | +12.50% | 0.04% | +17.12 | #4908 | | FY 2024-25 | 5.05 | 0.0001% | −71.98% | 0.16% | < ₹1 Crore | 0.0000% | −40.00% | 0.05% | +4.51 | #6599 | - CAGR (7-year): exports 35.67%/yr, imports -32.79%/yr (consistently Surplus) ## Key trade insights: HSN Code 72071910 export-import analysis ### Consistent export growth: 35.67% CAGR over 7 years India's exports under HSN Code 72071910 have grown at a compound annual rate of 35.67% over 7 fiscal years, rising from ₹0.81 Crore in FY 2018-19 to ₹5.05 Crore in FY 2024-25. ### HSN Code 72071910 ranked #6599 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72071910 ranks #6599 out of 12657 HSN codes by total export value. Within Sub-Chapter 7207, it ranks #6 of 15. By trade surplus, it ranks #3782 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 72071910 exports The strongest single-year export movement for HSN Code 72071910 was recorded in FY 2023-24, when exports surged by 615.08% over the prior year. ### India maintains a trade surplus of ₹4.51 Crore in HSN Code 72071910 goods In FY 2024-25, India's exports of ₹5.05 Cr exceeded imports of ₹0.54 Cr, resulting in a trade surplus of ₹4.51 Crore — ranking #3782 of 12657 by surplus magnitude. ### Import growth of -32.79% CAGR signals stable import dependency for Bars and Rods of Non-Alloy Hot-Rolled Iron India's imports under HSN Code 72071910 have grown at -32.79% CAGR, reaching ₹0.54 Crore in FY 2024-25. ### HSN Code 72071910 contributes 0.16% of Sub-Chapter 7207 exports — ranked #6 Among the 15 HSN codes under Sub-Chapter 7207, HSN Code 72071910 ranks #6 by export value — accounting for 0.16% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.05% share (rank #9). ## 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 (this hsn code) | ₹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 |