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HSN Code 72072020: Spring-Steel-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More
HSN Code 72072020 represents Spring-Steel-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More under GST classification. This code helps businesses identify Spring-Steel-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More 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 Spring-Steel-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More.
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Description of Goods for HSN Code 72072020
HSN Code 72072020 relates to the following description.
What does HSN Code 72072020 not include?
Spring-Steel-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 : 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
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India’s Trade Performance — HSN Code 72072020 in FY 2025-26
India’s Exports
FY 2025-26< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2025-26< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2025-26< ₹1 Crore
Surplus rank #5493 of 12872 HSN codes
% of Sub-Chapter 7207
FY 2025-260.00%
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#12 of 15
Position by export value among HSN codes in Sub-Chapter 7207
Import-side rank: #7 of 15
At a glance
0.00%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#9722
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+1,614.29%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.00%
Contribution to Sub-Ch. 7207
Share of Sub-Chapter 7207 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 72072020
8-year export and import data, FY 2018-19 to FY 2025-26, 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
Balance
+0.03
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−65.85% YoY
0.00% of Sub-Ch. 7207
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7207
CAGR · 8-Year
Exports
0.00% /yr
Imports
−40.65% /yr
reference, FY 2025-26
Export
₹4,377.65 Cr
Import
₹4,470.55 Cr
Trade Balance
−92.90
Key Trade Insights: HSN Code 72072020 Export-Import Analysis
Consistent Export Growth: 0.00% CAGR Over 8 Years
India's exports under HSN Code 72072020 have grown at a compound annual rate of 0.00% over 8 fiscal years, rising from ₹0.14 Crore in FY 2018-19 to ₹0.14 Crore in FY 2025-26.
HSN Code 72072020 Ranked #9722 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 72072020 ranks #9722 out of 12872 HSN codes by total export value. Within Sub-Chapter 7207, it ranks #12 of 15. By trade surplus, it ranks #5493 of 12872.
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 ₹0.03 Crore in HSN Code 72072020 Goods
In FY 2025-26, India's exports of ₹0.14 Cr exceeded imports of ₹0.11 Cr, resulting in a trade surplus of ₹0.03 Crore — ranking #5493 of 12872 by surplus magnitude.
Import Growth of −40.65% CAGR Signals Stable Import Dependency for Spring-Steel-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More
India's imports under HSN Code 72072020 have grown at −40.65% CAGR, reaching ₹0.11 Crore in FY 2025-26.
HSN Code 72072020 Contributes 0.00% of Sub-Chapter 7207 Exports — Ranked #12
Among the 15 HSN codes under Sub-Chapter 7207, HSN Code 72072020 ranks #12 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.00% share (rank #7).
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 Spring-Steel-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More?
Under HSN 72072020, Spring-Steel-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.
Any common misclassification issue with Spring-Steel-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.
Do e‑way bill and e‑invoice apply for Spring-Steel-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.
How should mixed supplies be billed when Spring-Steel-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 Spring-Steel-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Spring-Steel-Quality Semi-Finished Non-Alloy Steel, Carbon 0.20% or More?
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.