--- title: "HSN Code for Hot-Rolled Steel Strips (3 mm – 4.75 mm) | HSN 72083840 GST Rate" description: "Find HSN and GST Rates for 72083840 related to Hot-Rolled Steel Strips (3 mm – 4.75 mm) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72083840/" --- # HSN Code 72083840: Hot-Rolled Steel Strips (3 mm – 4.75 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 3 mm or more but less than 4.75 mm : Strip | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72083840 ? It includes Hot-Rolled Steel Strips Over 600 mm Wide ### Do e‑way bill and e‑invoice apply for Hot-Rolled Steel Strips (3 mm – 4.75 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. ### Can we claim ITC on inputs used to trade Hot-Rolled Steel Strips (3 mm – 4.75 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 much GST applies to Hot-Rolled Steel Strips (3 mm – 4.75 mm)? Under HSN 72083840, Hot-Rolled Steel Strips (3 mm – 4.75 mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Hot-Rolled Steel Strips (3 mm – 4.75 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 (3 mm – 4.75 mm); Nil for exempt items if applicable). ### Any common misclassification issue with Hot-Rolled Steel Strips (3 mm – 4.75 mm)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 72083840 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹525 Cr (−75.39% YoY) — 0.0143% of India's total exports - Imports: ₹3,302 Cr (+3.67% YoY) — 0.0543% of India's total imports - Trade balance: −₹2,777 Cr (Deficit); surplus rank #12479 of 12657 HSN codes - Share of Sub-Chapter 7208: 7.60% of its exports; import side 14.85% - Rank within Sub-Chapter 7208: #5 of 62 by export value; import-side #3 ### Key metrics - Export CAGR: -11.70% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #975 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +131.47% in FY 2021-22 - Contribution to Sub-Ch. 7208: 7.60% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72083840 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 | 1,108.82 | 0.0485% | — | 7.90% | 1,918.23 | 0.0535% | — | 17.63% | −809.41 | #299 | | FY 2019-20 | 1,499.40 | 0.0681% | +35.22% | 8.78% | 1,569.63 | 0.0469% | −18.17% | 18.27% | −70.23 | #216 | | FY 2020-21 | 1,439.68 | 0.0669% | −3.98% | 5.75% | 1,221.14 | 0.0419% | −22.20% | 21.65% | +218.54 | #229 | | FY 2021-22 | 3,332.48 | 0.1062% | +131.47% | 7.77% | 2,652.08 | 0.0580% | +117.18% | 37.77% | +680.40 | #135 | | FY 2022-23 | 1,379.36 | 0.0381% | −58.61% | 8.69% | 3,190.58 | 0.0555% | +20.30% | 28.66% | −1,811.22 | #372 | | FY 2023-24 | 2,134.92 | 0.0590% | +54.78% | 11.35% | 3,185.18 | 0.0567% | −0.17% | 15.47% | −1,050.26 | #232 | | FY 2024-25 | 525.44 | 0.0143% | −75.39% | 7.60% | 3,301.97 | 0.0543% | +3.67% | 14.85% | −2,776.53 | #975 | - CAGR (7-year): exports -11.70%/yr, imports 9.47%/yr (consistently Deficit) ## Key trade insights: HSN Code 72083840 export-import analysis ### Export decline: -11.70% CAGR over 7 years India's exports under HSN Code 72083840 have declined at a compound annual rate of -11.70% over 7 fiscal years, falling from ₹1,108.82 Crore in FY 2018-19 to ₹525.44 Crore in FY 2024-25. ### HSN Code 72083840 ranked #975 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72083840 ranks #975 out of 12657 HSN codes by total export value. Within Sub-Chapter 7208, it ranks #5 of 62. By trade surplus, it ranks #12479 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72083840 exports The strongest single-year export movement for HSN Code 72083840 was recorded in FY 2021-22, when exports surged by 131.47% over the prior year. ### India records a trade deficit of ₹2,776.53 Crore in HSN Code 72083840 goods In FY 2024-25, India's imports of ₹3,301.97 Cr exceeded exports of ₹525.44 Cr, resulting in a trade deficit of ₹2,776.53 Crore — ranking #12479 of 12657 by surplus magnitude. ### Import growth of 9.47% CAGR signals stable import dependency for Hot-Rolled Steel Strips (3 mm – 4.75 mm) India's imports under HSN Code 72083840 have grown at 9.47% CAGR, reaching ₹3,301.97 Crore in FY 2024-25. ### HSN Code 72083840 contributes 7.60% of Sub-Chapter 7208 exports — ranked #5 Among the 62 HSN codes under Sub-Chapter 7208, HSN Code 72083840 ranks #5 by export value — accounting for 7.60% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 14.85% share (rank #3). ## 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) (this hsn code) | ₹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)](https://busy.in/hsn/hsn-72083740/) | ₹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 |