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HSN Code 72072090: Other Semi-Finished Iron or Non-Alloy Steel Products, Carbon 0.20% or More

HSN Code 72072090 represents Other Semi-Finished Iron or Non-Alloy Steel Products, Carbon 0.20% or More under GST classification. This code helps businesses identify Other Semi-Finished Iron or Non-Alloy Steel Products, Carbon 0.20% or More correctly for billing, taxation, and trade. With HSN Code 72072090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Semi-Finished Iron or Non-Alloy Steel Products, Carbon 0.20% or More.

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Description of Goods for HSN Code 72072090

HSN Code 72072090 relates to the following description.

Description of Goods

Containing by weight 0.20% or more of carbon : Other

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 72072090 not include?

Other Semi-Finished Iron or Non-Alloy Steel Products, 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

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India’s Trade Performance — HSN Code 72072090 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹10 Cr

−37.56% vs FY 2024-25

0.0003% of India’s total exports

India’s Imports

FY 2025-26

₹68 Cr

+12.51% vs FY 2024-25

0.0010% of India’s total imports

Trade Balance

FY 2025-26

−₹57 Cr

Trade Deficit

Surplus rank #10422 of 12872 HSN codes

% of Sub-Chapter 7207

FY 2025-26

0.24%

Share of Sub-Chapter 7207’s total exports in FY 2025-26

Import side: 1.51% of Sub-Chapter 7207’s imports

Rank Within Sub-Chapter 7207

FY 2025-26

#6 of 15

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

Import-side rank: #4 of 15

At a glance

−9.98%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#5932

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+1,700.11%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.24%

Contribution to Sub-Ch. 7207

Share of Sub-Chapter 7207 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 72072090

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #4017

Balance

−9.24

Exports

21.48 ₹ Cr

0.0009% share

— YoY

0.28% of Sub-Ch. 7207

Imports

30.72 ₹ Cr

0.0009% share

— YoY

2.33% of Sub-Ch. 7207

FY 2019-20 Exp. Rank #5086

Balance

−31.55

Exports

9.42 ₹ Cr

0.0004% share

−56.15% YoY

0.11% of Sub-Ch. 7207

Imports

40.97 ₹ Cr

0.0012% share

+33.37% YoY

10.60% of Sub-Ch. 7207

FY 2020-21 Exp. Rank #1537

Balance

+149.81

Exports

169.57 ₹ Cr

0.0079% share

+1,700.11% YoY

0.85% of Sub-Ch. 7207

Imports

19.76 ₹ Cr

0.0007% share

−51.77% YoY

4.75% of Sub-Ch. 7207

FY 2021-22 Exp. Rank #1228

Balance

+288.36

Exports

325.53 ₹ Cr

0.0104% share

+91.97% YoY

1.48% of Sub-Ch. 7207

Imports

37.17 ₹ Cr

0.0008% share

+88.11% YoY

37.03% of Sub-Ch. 7207

FY 2022-23 Exp. Rank #4461

Balance

−12.95

Exports

23.92 ₹ Cr

0.0007% share

−92.65% YoY

0.32% of Sub-Ch. 7207

Imports

36.87 ₹ Cr

0.0006% share

−0.81% YoY

2.28% of Sub-Ch. 7207

FY 2023-24 Exp. Rank #3999

Balance

−13.42

Exports

35.88 ₹ Cr

0.0010% share

+50.00% YoY

0.90% of Sub-Ch. 7207

Imports

49.30 ₹ Cr

0.0009% share

+33.71% YoY

2.43% of Sub-Ch. 7207

FY 2024-25 Exp. Rank #5129

Balance

−43.55

Exports

16.48 ₹ Cr

0.0004% share

−54.07% YoY

0.52% of Sub-Ch. 7207

Imports

60.03 ₹ Cr

0.0010% share

+21.76% YoY

5.37% of Sub-Ch. 7207

FY 2025-26 Exp. Rank #5932

Balance

−57.25

Exports

10.29 ₹ Cr

0.0003% share

−37.56% YoY

0.24% of Sub-Ch. 7207

Imports

67.54 ₹ Cr

0.0010% share

+12.51% YoY

1.51% of Sub-Ch. 7207

CAGR · 8-Year

Exports

−9.98% /yr

Imports

11.91% /yr

Consistently Deficit
Sub-Chapter 7207 total

reference, FY 2025-26

Export

₹4,377.65 Cr

Import

₹4,470.55 Cr

Trade Balance

−92.90

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

Key Trade Insights: HSN Code 72072090 Export-Import Analysis

Export Decline: −9.98% CAGR Over 8 Years

India's exports under HSN Code 72072090 have declined at a compound annual rate of −9.98% over 8 fiscal years, falling from ₹21.48 Crore in FY 2018-19 to ₹10.29 Crore in FY 2025-26.

HSN Code 72072090 Ranked #5932 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72072090 ranks #5932 out of 12872 HSN codes by total export value. Within Sub-Chapter 7207, it ranks #6 of 15. By trade surplus, it ranks #10422 of 12872.

FY 2020-21 Was the Strongest Growth Year for HSN Code 72072090 Exports

The strongest single-year export movement for HSN Code 72072090 was recorded in FY 2020-21, when exports surged by 1,700.11% over the prior year.

India Records a Trade Deficit of ₹57.25 Crore in HSN Code 72072090 Goods

In FY 2025-26, India's imports of ₹67.54 Cr exceeded exports of ₹10.29 Cr, resulting in a trade deficit of ₹57.25 Crore — ranking #10422 of 12872 by surplus magnitude.

Import Growth of 11.91% CAGR Signals Rising Demand for Other Semi-Finished Iron or Non-Alloy Steel Products, Carbon 0.20% or More

India's imports under HSN Code 72072090 have grown at 11.91% CAGR, reaching ₹67.54 Crore in FY 2025-26.

HSN Code 72072090 Contributes 0.24% of Sub-Chapter 7207 Exports — Ranked #6

Among the 15 HSN codes under Sub-Chapter 7207, HSN Code 72072090 ranks #6 by export value — accounting for 0.24% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 1.51% share (rank #4).

Frequently Asked Questions

Clear answers to common queries about HSN Code 72072090 and GST compliance.

What products are classified under HSN 72072090 ?

It includes Hot-Rolled Stainless Steel Sheets

Does packaging or labelling change the GST for Other Semi-Finished Iron or Non-Alloy Steel Products, 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.

How much GST applies to Other Semi-Finished Iron or Non-Alloy Steel Products, Carbon 0.20% or More?

Under HSN 72072090, Other Semi-Finished Iron or Non-Alloy Steel Products, Carbon 0.20% or More attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Other Semi-Finished Iron or Non-Alloy Steel Products, 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 Other Semi-Finished Iron or Non-Alloy Steel Products, Carbon 0.20% or More; Nil for exempt items if applicable).

Any common misclassification issue with Other Semi-Finished Iron or Non-Alloy Steel Products, 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 Other Semi-Finished Iron or Non-Alloy Steel Products, 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.

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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.