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HSN Code 72072010: Forging-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More
HSN Code 72072010 represents Forging-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More under GST classification. This code helps businesses identify Forging-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More correctly for billing, taxation, and trade. With HSN Code 72072010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Forging-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More.
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Description of Goods for HSN Code 72072010
HSN Code 72072010 relates to the following description.
What does HSN Code 72072010 not include?
Forging-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More 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 : 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 : 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 : 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 : 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 72072010 in FY 2025-26
India’s Exports
FY 2025-26₹5 Cr
0.0001% of India’s total exports
India’s Imports
FY 2025-26Nil
0.0000% of India’s total imports
Trade Balance
FY 2025-26₹5 Cr
Surplus rank #3785 of 12872 HSN codes
% of Sub-Chapter 7207
FY 2025-260.12%
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#8 of 15
Position by export value among HSN codes in Sub-Chapter 7207
At a glance
43.37%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#6719
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+595.56%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.12%
Contribution to Sub-Ch. 7207
Share of Sub-Chapter 7207 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 72072010
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.14
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.04% of Sub-Ch. 7207
Balance
−1.08
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−71.43% YoY
0.00% of Sub-Ch. 7207
Imports
1.20 ₹ Cr
0.0000% share
+114.29% YoY
0.31% of Sub-Ch. 7207
Balance
−0.39
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−25.00% YoY
0.00% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−60.00% YoY
0.12% of Sub-Ch. 7207
Balance
+0.18
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+400.00% YoY
0.00% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−43.75% YoY
0.27% of Sub-Ch. 7207
Balance
+3.07
Exports
3.13 ₹ Cr
0.0001% share
+595.56% YoY
0.04% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−77.78% YoY
0.00% of Sub-Ch. 7207
Balance
+1.65
Exports
1.65 ₹ Cr
0.0000% share
−47.28% YoY
0.04% of Sub-Ch. 7207
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7207
Balance
+1.21
Exports
1.21 ₹ Cr
0.0000% share
−26.67% YoY
0.04% of Sub-Ch. 7207
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
Balance
+5.23
Exports
5.23 ₹ Cr
0.0001% share
+332.23% YoY
0.12% of Sub-Ch. 7207
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
CAGR · 8-Year
Exports
43.37% /yr
Imports
—
reference, FY 2025-26
Export
₹4,377.65 Cr
Import
₹4,470.55 Cr
Trade Balance
−92.90
Key Trade Insights: HSN Code 72072010 Export-Import Analysis
Consistent Export Growth: 43.37% CAGR Over 8 Years
India's exports under HSN Code 72072010 have grown at a compound annual rate of 43.37% over 8 fiscal years, rising from ₹0.42 Crore in FY 2018-19 to ₹5.23 Crore in FY 2025-26.
HSN Code 72072010 Ranked #6719 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 72072010 ranks #6719 out of 12872 HSN codes by total export value. Within Sub-Chapter 7207, it ranks #8 of 15. By trade surplus, it ranks #3785 of 12872.
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 ₹5.23 Crore in HSN Code 72072010 Goods
In FY 2025-26, India's exports of ₹5.23 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹5.23 Crore — ranking #3785 of 12872 by surplus magnitude.
HSN Code 72072010 Contributes 0.12% of Sub-Chapter 7207 Exports — Ranked #8
Among the 15 HSN codes under Sub-Chapter 7207, HSN Code 72072010 ranks #8 by export value — accounting for 0.12% 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 72072010 and GST compliance.
What products are classified under HSN 72072010 ?
It includes Other Cold-Rolled Bars and Rods
Can we claim ITC on inputs used to trade Forging-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More?
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 Forging-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Forging-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Forging-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More?
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 Forging-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More?
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 Forging-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More?
Under HSN 72072010, Forging-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More attracts Varies when sold in taxable form. Describe the exact form on the invoice.