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HSN Code 72071910: Forged Non-Alloy Steel Blanks, Carbon Below 0.20%
HSN Code 72071910 represents Forged Non-Alloy Steel Blanks, Carbon Below 0.20% under GST classification. This code helps businesses identify Forged Non-Alloy Steel Blanks, Carbon Below 0.20% correctly for billing, taxation, and trade. With HSN Code 72071910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Forged Non-Alloy Steel Blanks, Carbon Below 0.20%.
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Description of Goods for HSN Code 72071910
HSN Code 72071910 relates to the following description.
What does HSN Code 72071910 not include?
Forged Non-Alloy Steel Blanks, 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 : Electrical quality
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 : 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 : Electrical quality
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 : 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 72071910 in FY 2025-26
India’s Exports
FY 2025-26₹4 Cr
0.0001% of India’s total exports
India’s Imports
FY 2025-26₹3 Cr
0.0000% of India’s total imports
Trade Balance
FY 2025-26₹1 Cr
Surplus rank #4585 of 12872 HSN codes
% of Sub-Chapter 7207
FY 2025-260.09%
Share of Sub-Chapter 7207’s total exports in FY 2025-26
Import side: 0.06% of Sub-Chapter 7207’s imports
Rank Within Sub-Chapter 7207
FY 2025-26#9 of 15
Position by export value among HSN codes in Sub-Chapter 7207
Import-side rank: #6 of 15
At a glance
25.45%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#7053
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+615.08%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.09%
Contribution to Sub-Ch. 7207
Share of Sub-Chapter 7207 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 72071910
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−5.05
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 7207
Imports
5.86 ₹ Cr
0.0002% share
— YoY
0.44% of Sub-Ch. 7207
Balance
+0.52
Exports
1.12 ₹ Cr
0.0001% share
+38.27% YoY
0.01% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−89.76% YoY
0.16% of Sub-Ch. 7207
Balance
+1.69
Exports
2.05 ₹ Cr
0.0001% share
+83.04% YoY
0.01% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−40.00% YoY
0.09% of Sub-Ch. 7207
Balance
+0.58
Exports
1.28 ₹ Cr
0.0000% share
−37.56% YoY
0.01% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+94.44% YoY
0.70% of Sub-Ch. 7207
Balance
+1.72
Exports
2.52 ₹ Cr
0.0001% share
+96.88% YoY
0.03% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+14.29% YoY
0.05% of Sub-Ch. 7207
Balance
+17.12
Exports
18.02 ₹ Cr
0.0005% share
+615.08% YoY
0.45% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+12.50% YoY
0.04% of Sub-Ch. 7207
Balance
+4.51
Exports
5.05 ₹ Cr
0.0001% share
−71.98% YoY
0.16% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−40.00% YoY
0.05% of Sub-Ch. 7207
Balance
+1.06
Exports
3.96 ₹ Cr
0.0001% share
−21.58% YoY
0.09% of Sub-Ch. 7207
Imports
2.90 ₹ Cr
0.0000% share
+437.04% YoY
0.06% of Sub-Ch. 7207
CAGR · 8-Year
Exports
25.45% /yr
Imports
−9.56% /yr
reference, FY 2025-26
Export
₹4,377.65 Cr
Import
₹4,470.55 Cr
Trade Balance
−92.90
Key Trade Insights: HSN Code 72071910 Export-Import Analysis
Consistent Export Growth: 25.45% CAGR Over 8 Years
India's exports under HSN Code 72071910 have grown at a compound annual rate of 25.45% over 8 fiscal years, rising from ₹0.81 Crore in FY 2018-19 to ₹3.96 Crore in FY 2025-26.
HSN Code 72071910 Ranked #7053 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 72071910 ranks #7053 out of 12872 HSN codes by total export value. Within Sub-Chapter 7207, it ranks #9 of 15. By trade surplus, it ranks #4585 of 12872.
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 ₹1.06 Crore in HSN Code 72071910 Goods
In FY 2025-26, India's exports of ₹3.96 Cr exceeded imports of ₹2.90 Cr, resulting in a trade surplus of ₹1.06 Crore — ranking #4585 of 12872 by surplus magnitude.
Import Growth of −9.56% CAGR Signals Stable Import Dependency for Forged Non-Alloy Steel Blanks, Carbon Below 0.20%
India's imports under HSN Code 72071910 have grown at −9.56% CAGR, reaching ₹2.90 Crore in FY 2025-26.
HSN Code 72071910 Contributes 0.09% of Sub-Chapter 7207 Exports — Ranked #9
Among the 15 HSN codes under Sub-Chapter 7207, HSN Code 72071910 ranks #9 by export value — accounting for 0.09% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.06% share (rank #6).
Frequently Asked Questions
Clear answers to common queries about HSN Code 72071910 and GST compliance.
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 Forged Non-Alloy Steel Blanks, Carbon Below 0.20%?
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 Forged Non-Alloy Steel Blanks, 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 should mixed supplies be billed when Forged Non-Alloy Steel Blanks, 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 Forged Non-Alloy Steel Blanks, Carbon Below 0.20%; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Forged Non-Alloy Steel Blanks, 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.
How much GST applies to Forged Non-Alloy Steel Blanks, Carbon Below 0.20%?
Under HSN 72071910, Forged Non-Alloy Steel Blanks, Carbon Below 0.20% attracts Varies when sold in taxable form. Describe the exact form on the invoice.