--- title: "HSN Code for Bars and Rods of Non-Alloy Cold-Rolled Iron | HSN 72072010 GST Rate" description: "Find HSN and GST Rates for 72072010 related to Bars and Rods of Non-Alloy Cold-Rolled Iron with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72072010/" --- # HSN Code 72072010: Bars and Rods of Non-Alloy Cold-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 0.20% or more of carbon : Forging quality | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72072010 ? It includes Other Cold-Rolled Bars and Rods ### Can we claim ITC on inputs used to trade Bars and Rods of Non-Alloy Cold-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 should mixed supplies be billed when Bars and Rods of Non-Alloy Cold-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 Cold-Rolled Iron; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Bars and Rods of Non-Alloy Cold-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. ### Any common misclassification issue with Bars and Rods of Non-Alloy Cold-Rolled Iron? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Bars and Rods of Non-Alloy Cold-Rolled Iron? Under HSN 72072010, Bars and Rods of Non-Alloy Cold-Rolled Iron attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 72072010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹1 Cr (−26.67% YoY) — 0.0000% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: ₹1 Cr (Surplus); surplus rank #4444 of 12657 HSN codes - Share of Sub-Chapter 7207: 0.04% of its exports; import side 0.00% - Rank within Sub-Chapter 7207: #9 of 15 by export value ### Key metrics - Export CAGR: 19.29% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8081 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +595.56% in FY 2022-23 - Contribution to Sub-Ch. 7207: 0.04% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72072010 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% | < ₹1 Crore | 0.0000% | — | 0.04% | −0.14 | #8311 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −71.43% | 0.00% | 1.20 | 0.0000% | +114.29% | 0.31% | −1.08 | #9094 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −25.00% | 0.00% | < ₹1 Crore | 0.0000% | −60.00% | 0.12% | −0.39 | #9278 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +400.00% | 0.00% | < ₹1 Crore | 0.0000% | −43.75% | 0.27% | +0.18 | #8644 | | FY 2022-23 | 3.13 | 0.0001% | +595.56% | 0.04% | < ₹1 Crore | 0.0000% | −77.78% | 0.00% | +3.07 | #6955 | | FY 2023-24 | 1.65 | 0.0000% | −47.28% | 0.04% | Nil | 0.0000% | −100.00% | 0.00% | +1.65 | #7766 | | FY 2024-25 | 1.21 | 0.0000% | −26.67% | 0.04% | Nil | 0.0000% | — | 0.00% | +1.21 | #8081 | - CAGR (7-year): exports 19.29%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 72072010 export-import analysis ### Consistent export growth: 19.29% CAGR over 7 years India's exports under HSN Code 72072010 have grown at a compound annual rate of 19.29% over 7 fiscal years, rising from ₹0.42 Crore in FY 2018-19 to ₹1.21 Crore in FY 2024-25. ### HSN Code 72072010 ranked #8081 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72072010 ranks #8081 out of 12657 HSN codes by total export value. Within Sub-Chapter 7207, it ranks #9 of 15. By trade surplus, it ranks #4444 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 72072010 exports The strongest single-year export movement for HSN Code 72072010 was recorded in FY 2022-23, when exports surged by 595.56% over the prior year. ### India maintains a trade surplus of ₹1.21 Crore in HSN Code 72072010 goods In FY 2024-25, India's exports of ₹1.21 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹1.21 Crore — ranking #4444 of 12657 by surplus magnitude. ### HSN Code 72072010 contributes 0.04% of Sub-Chapter 7207 exports — ranked #9 Among the 15 HSN codes under Sub-Chapter 7207, HSN Code 72072010 ranks #9 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## 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](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 (this hsn code) | ₹1 Cr | | #10 | [HSN Code 72072030: Bars and Rods of Stainless Cold-Rolled Steel](https://busy.in/hsn/hsn-72072030/) | < ₹1 Crore |