HSN Code 72071910: Bars and Rods of Non-Alloy Hot-Rolled Iron
HSN Code 72071910 represents Bars and Rods of Non-Alloy Hot-Rolled Iron under GST classification. This code helps businesses identify Bars and Rods of Non-Alloy Hot-Rolled Iron 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 Bars and Rods of Non-Alloy Hot-Rolled Iron.
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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?
Bars and Rods of Non-Alloy Hot-Rolled Iron 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
India’s Trade Performance — HSN Code 72071910 in FY 2024-25
India’s Exports
FY 2024-25₹5 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹5 Cr
Surplus rank #3782 of 12657 HSN codes
% of Sub-Chapter 7207
FY 2024-250.16%
Share of Sub-Chapter 7207’s total exports in FY 2024-25
Import side: 0.05% of Sub-Chapter 7207’s imports
Rank Within Sub-Chapter 7207
FY 2024-25#6 of 15
Position by export value among HSN codes in Sub-Chapter 7207
Import-side rank: #9 of 15
At a glance
35.67%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6599
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+615.08%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.16%
Contribution to Sub-Ch. 7207
Share of Sub-Chapter 7207 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
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
CAGR · 7-Year
Exports
35.67% /yr
Imports
−32.79% /yr
reference, FY 2024-25
Export
₹3,153.62 Cr
Import
₹1,117.98 Cr
Trade Balance
+2,035.64
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).
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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 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.