HSN Code 72072010: Bars and Rods of Non-Alloy Cold-Rolled Iron

HSN Code 72072010 represents Bars and Rods of Non-Alloy Cold-Rolled Iron under GST classification. This code helps businesses identify Bars and Rods of Non-Alloy Cold-Rolled Iron 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 Bars and Rods of Non-Alloy Cold-Rolled Iron.

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Description of Goods for HSN Code 72072010

HSN Code 72072010 relates to the following description.

Description of Goods

Containing by weight 0.20% or more of carbon : Forging quality

Chapter

72 - Iron and steel

Sub Chapter

7207 - Semi-finished products of iron or non-alloy steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72072010 not include?

Bars and Rods of Non-Alloy Cold-Rolled Iron does not include products with the following descriptions.

HSN Code 72071110

Containing by weight less than 0.20% of carbon : Of rectangular (including square) crosssection, the width measuring less than twice the thickness : Electrical quality

HSN Code 72071120

Containing by weight less than 0.20% of carbon : Of rectangular (including square) crosssection, the width measuring less than twice the thickness : Forging quality

HSN Code 72071130

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

HSN Code 72071190

Containing by weight less than 0.20% of carbon : Of rectangular (including square) crosssection, the width measuring less than twice the thickness : Other

HSN Code 72071210

Containing by weight less than 0.20% of carbon : Other, of rectangular (other than square) cross-section : Electrical quality

HSN Code 72071220

Containing by weight less than 0.20% of carbon : Other, of rectangular (other than square) cross-section : Forging quality

HSN Code 72071230

Containing by weight less than 0.20% of carbon : Other, of rectangular (other than square) cross-section : Seamless steel tube quality

HSN Code 72071290

Containing by weight less than 0.20% of carbon : Other, of rectangular (other than square) cross-section : Other

HSN Code 72071910

Containing by weight less than 0.20% of carbon : Other : Forged blanks of non-alloy steel

HSN Code 72071920

Containing by weight less than 0.20% of carbon : Other : Mild steel billets

India’s Trade Performance — HSN Code 72072010 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹1 Cr

−26.67% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹1 Cr

Trade Surplus

Surplus rank #4444 of 12657 HSN codes

% of Sub-Chapter 7207

FY 2024-25

0.04%

Share of Sub-Chapter 7207’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 7207’s imports

Rank Within Sub-Chapter 7207

FY 2024-25

#9 of 15

Position by export value among HSN codes in Sub-Chapter 7207

At a glance

19.29%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#8081

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+595.56%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.04%

Contribution to Sub-Ch. 7207

Share of Sub-Chapter 7207 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #8311

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

FY 2019-20 Exp. Rank #9094

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

FY 2020-21 Exp. Rank #9278

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

FY 2021-22 Exp. Rank #8644

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

FY 2022-23 Exp. Rank #6955

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

FY 2023-24 Exp. Rank #7766

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

FY 2024-25 Exp. Rank #8081

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

CAGR · 7-Year

Exports

19.29% /yr

Imports

—

Consistently Surplus
Sub-Chapter 7207 total

reference, FY 2024-25

Export

₹3,153.62 Cr

Import

₹1,117.98 Cr

Trade Balance

+2,035.64

Peak export growth year Latest available data Not available YoY = change vs previous FY

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.

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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 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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.