HSN Code 72072020: Bars and Rods of Alloy Cold-Rolled Steel
HSN Code 72072020 represents Bars and Rods of Alloy Cold-Rolled Steel under GST classification. This code helps businesses identify Bars and Rods of Alloy Cold-Rolled Steel correctly for billing, taxation, and trade. With HSN Code 72072020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Bars and Rods of Alloy Cold-Rolled Steel.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 72072020
HSN Code 72072020 relates to the following description.
What does HSN Code 72072020 not include?
Bars and Rods of Alloy Cold-Rolled Steel 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 : Forging 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 : Forging 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 72072020 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #4867 of 12657 HSN codes
% of Sub-Chapter 7207
FY 2024-250.01%
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#11 of 15
Position by export value among HSN codes in Sub-Chapter 7207
At a glance
19.61%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8974
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+1,614.29%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.01%
Contribution to Sub-Ch. 7207
Share of Sub-Chapter 7207 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 72072020
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−4.10
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
Imports
4.24 ₹ Cr
0.0001% share
— YoY
0.32% of Sub-Ch. 7207
Balance
+2.32
Exports
2.40 ₹ Cr
0.0001% share
+1,614.29% YoY
0.03% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−98.11% YoY
0.02% of Sub-Ch. 7207
Balance
−1.11
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7207
Imports
1.11 ₹ Cr
0.0000% share
+1,287.50% YoY
0.27% of Sub-Ch. 7207
Balance
−0.03
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−97.30% YoY
0.03% of Sub-Ch. 7207
Balance
+1.62
Exports
1.63 ₹ Cr
0.0000% share
— YoY
0.02% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−66.67% YoY
0.00% of Sub-Ch. 7207
Balance
+7.62
Exports
7.66 ₹ Cr
0.0002% share
+369.94% YoY
0.19% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+300.00% YoY
0.00% of Sub-Ch. 7207
Balance
+0.41
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−94.65% YoY
0.01% of Sub-Ch. 7207
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7207
CAGR · 7-Year
Exports
19.61% /yr
Imports
—
reference, FY 2024-25
Export
₹3,153.62 Cr
Import
₹1,117.98 Cr
Trade Balance
+2,035.64
Key Trade Insights: HSN Code 72072020 Export-Import Analysis
Consistent Export Growth: 19.61% CAGR Over 7 Years
India's exports under HSN Code 72072020 have grown at a compound annual rate of 19.61% over 7 fiscal years, rising from ₹0.14 Crore in FY 2018-19 to ₹0.41 Crore in FY 2024-25.
HSN Code 72072020 Ranked #8974 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 72072020 ranks #8974 out of 12657 HSN codes by total export value. Within Sub-Chapter 7207, it ranks #11 of 15. By trade surplus, it ranks #4867 of 12657.
FY 2019-20 Was the Strongest Growth Year for HSN Code 72072020 Exports
The strongest single-year export movement for HSN Code 72072020 was recorded in FY 2019-20, when exports surged by 1,614.29% over the prior year.
India Maintains a Trade Surplus of ₹0.41 Crore in HSN Code 72072020 Goods
In FY 2024-25, India's exports of ₹0.41 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.41 Crore — ranking #4867 of 12657 by surplus magnitude.
HSN Code 72072020 Contributes 0.01% of Sub-Chapter 7207 Exports — Ranked #11
Among the 15 HSN codes under Sub-Chapter 7207, HSN Code 72072020 ranks #11 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 72072020 and GST compliance.
What products are classified under HSN 72072020 ?
It includes Flat-Rolled Products of Stainless Steel
How much GST applies to Bars and Rods of Alloy Cold-Rolled Steel?
Under HSN 72072020, Bars and Rods of Alloy Cold-Rolled Steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Bars and Rods of Alloy Cold-Rolled Steel?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Do e‑way bill and e‑invoice apply for Bars and Rods of Alloy Cold-Rolled Steel?
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.
How should mixed supplies be billed when Bars and Rods of Alloy Cold-Rolled Steel 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 Alloy Cold-Rolled Steel; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Bars and Rods of Alloy Cold-Rolled Steel?
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.