--- title: "HSN Code for Hot-Rolled Steel Strips (4.75 mm – 10 mm) | HSN 72083740 GST Rate" description: "Find HSN and GST Rates for 72083740 related to Hot-Rolled Steel Strips (4.75 mm – 10 mm) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72083740/" --- # HSN Code 72083740: Hot-Rolled Steel Strips (4.75 mm – 10 mm) - [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/) - [Chapter 72: Iron & Steel](https://busy.in/hsn/chapter-72/) - [Sub-chapter 7208: Hot-rolled iron & steel products](https://busy.in/hsn/sub-chapter-7208/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other, in coils, not further worked than hot-rolled: Of a thickness of 4.75 mm or more but not exceeding 10 mm : Strip | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72083740 ? It includes Hot-Rolled Universal Plates (>3mm, <4.75mm) ### Can we claim ITC on inputs used to trade Hot-Rolled Steel Strips (4.75 mm – 10 mm)? 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 Hot-Rolled Steel Strips (4.75 mm – 10 mm) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hot-Rolled Steel Strips (4.75 mm – 10 mm); Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Hot-Rolled Steel Strips (4.75 mm – 10 mm)? 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. ### Does packaging or labelling change the GST for Hot-Rolled Steel Strips (4.75 mm – 10 mm)? 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 Hot-Rolled Steel Strips (4.75 mm – 10 mm)? Under HSN 72083740, Hot-Rolled Steel Strips (4.75 mm – 10 mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 72083740 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹375 Cr (−84.07% YoY) — 0.0102% of India's total exports - Imports: ₹817 Cr (−11.93% YoY) — 0.0134% of India's total imports - Trade balance: −₹441 Cr (Deficit); surplus rank #11816 of 12657 HSN codes - Share of Sub-Chapter 7208: 5.43% of its exports; import side 3.67% - Rank within Sub-Chapter 7208: #7 of 62 by export value; import-side #7 ### Key metrics - Export CAGR: -12.22% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1240 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +61.50% in FY 2020-21 - Contribution to Sub-Ch. 7208: 5.43% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72083740 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7208 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7208 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 820.73 | 0.0359% | — | 5.85% | 152.70 | 0.0043% | — | 1.40% | +668.03 | #412 | | FY 2019-20 | 1,016.10 | 0.0462% | +23.80% | 5.95% | 116.94 | 0.0035% | −23.42% | 1.36% | +899.16 | #321 | | FY 2020-21 | 1,640.99 | 0.0763% | +61.50% | 6.55% | 193.91 | 0.0067% | +65.82% | 3.44% | +1,447.08 | #201 | | FY 2021-22 | 2,560.85 | 0.0816% | +56.06% | 5.97% | 251.41 | 0.0055% | +29.65% | 3.58% | +2,309.44 | #179 | | FY 2022-23 | 1,592.88 | 0.0440% | −37.80% | 10.03% | 641.46 | 0.0112% | +155.15% | 5.76% | +951.42 | #319 | | FY 2023-24 | 2,357.15 | 0.0651% | +47.98% | 12.53% | 927.14 | 0.0165% | +44.54% | 4.50% | +1,430.01 | #206 | | FY 2024-25 | 375.49 | 0.0102% | −84.07% | 5.43% | 816.52 | 0.0134% | −11.93% | 3.67% | −441.03 | #1240 | - CAGR (7-year): exports -12.22%/yr, imports 32.24%/yr (consistently Deficit) ## Key trade insights: HSN Code 72083740 export-import analysis ### Export decline: -12.22% CAGR over 7 years India's exports under HSN Code 72083740 have declined at a compound annual rate of -12.22% over 7 fiscal years, falling from ₹820.73 Crore in FY 2018-19 to ₹375.49 Crore in FY 2024-25. ### HSN Code 72083740 ranked #1240 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72083740 ranks #1240 out of 12657 HSN codes by total export value. Within Sub-Chapter 7208, it ranks #7 of 62. By trade surplus, it ranks #11816 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 72083740 exports The strongest single-year export movement for HSN Code 72083740 was recorded in FY 2020-21, when exports surged by 61.50% over the prior year. ### India records a trade deficit of ₹441.03 Crore in HSN Code 72083740 goods In FY 2024-25, India's imports of ₹816.52 Cr exceeded exports of ₹375.49 Cr, resulting in a trade deficit of ₹441.03 Crore — ranking #11816 of 12657 by surplus magnitude. ### Import growth of 32.24% CAGR signals rising demand for Hot-Rolled Steel Strips (4.75 mm – 10 mm) India's imports under HSN Code 72083740 have grown at 32.24% CAGR, reaching ₹816.52 Crore in FY 2024-25. ### HSN Code 72083740 contributes 5.43% of Sub-Chapter 7208 exports — ranked #7 Among the 62 HSN codes under Sub-Chapter 7208, HSN Code 72083740 ranks #7 by export value — accounting for 5.43% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.67% share (rank #7). ## Related HSN Codes in Sub-Chapter 7208 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72085120: Alloy Steel Flat-Rolled Products Over 600 mm Wide](https://busy.in/hsn/hsn-72085120/) | ₹1,488 Cr | | #2 | [HSN Code 72083930: Hot-Rolled Sheets (<3mm, Coils)](https://busy.in/hsn/hsn-72083930/) | ₹1,175 Cr | | #3 | [HSN Code 72083940: Hot-Rolled Strip (<3mm, Coils)](https://busy.in/hsn/hsn-72083940/) | ₹713 Cr | | #4 | [HSN Code 72083990: Other Hot-Rolled Coils (<3mm)](https://busy.in/hsn/hsn-72083990/) | ₹614 Cr | | #5 | [HSN Code 72083840: Hot-Rolled Steel Strips (3 mm – 4.75 mm)](https://busy.in/hsn/hsn-72083840/) | ₹525 Cr | | #6 | [HSN Code 72085110: Hot-Rolled Plates (>10mm)](https://busy.in/hsn/hsn-72085110/) | ₹466 Cr | | #7 | HSN Code 72083740: Hot-Rolled Steel Strips (4.75 mm – 10 mm) (this hsn code) | ₹375 Cr | | #8 | [HSN Code 72083830: Hot-Rolled Steel Sheets (3 mm – 4.75 mm)](https://busy.in/hsn/hsn-72083830/) | ₹272 Cr | | #9 | [HSN Code 72083790: Hot-Rolled Steel (>4.75mm, ≤10mm)](https://busy.in/hsn/hsn-72083790/) | ₹170 Cr | | #10 | [HSN Code 72083730: Hot-Rolled Steel Sheets (4.75 mm – 10 mm)](https://busy.in/hsn/hsn-72083730/) | ₹150 Cr |