--- title: "HSN Code for Hot-Rolled Plates (>10mm) | HSN 72085110 GST Rate" description: "Find HSN and GST Rates for 72085110 related to Hot-Rolled Plates (>10mm) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72085110/" --- # HSN Code 72085110: Hot-Rolled Plates (>10mm) - [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, not in coils, not further worked than hot-rolled : Of a thickness exceeding 10 mm : Plates | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72085110 ? It includes Hot-Rolled Strip (>10mm) ### Any common misclassification issue with Hot-Rolled Plates (>10mm)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Hot-Rolled Plates (>10mm)? 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. ### Can we claim ITC on inputs used to trade Hot-Rolled Plates (>10mm)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Hot-Rolled Plates (>10mm)? 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 much GST applies to Hot-Rolled Plates (>10mm)? Under HSN 72085110, Hot-Rolled Plates (>10mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 72085110 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹466 Cr (−64.58% YoY) — 0.0127% of India's total exports - Imports: ₹5,263 Cr (+22.11% YoY) — 0.0866% of India's total imports - Trade balance: −₹4,797 Cr (Deficit); surplus rank #12556 of 12657 HSN codes - Share of Sub-Chapter 7208: 6.74% of its exports; import side 23.67% - Rank within Sub-Chapter 7208: #6 of 62 by export value; import-side #1 ### Key metrics - Export CAGR: -14.71% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1066 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +184.94% in FY 2020-21 - Contribution to Sub-Ch. 7208: 6.74% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72085110 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 | 1,210.97 | 0.0530% | — | 8.63% | 1,629.99 | 0.0455% | — | 14.98% | −419.02 | #274 | | FY 2019-20 | 499.39 | 0.0227% | −58.76% | 2.92% | 1,696.24 | 0.0507% | +4.06% | 19.75% | −1,196.85 | #645 | | FY 2020-21 | 1,422.95 | 0.0662% | +184.94% | 5.68% | 1,575.00 | 0.0541% | −7.15% | 27.92% | −152.05 | #234 | | FY 2021-22 | 2,748.94 | 0.0876% | +93.19% | 6.41% | 1,406.52 | 0.0308% | −10.70% | 20.03% | +1,342.42 | #168 | | FY 2022-23 | 2,159.94 | 0.0597% | −21.43% | 13.60% | 1,391.25 | 0.0242% | −1.09% | 12.50% | +768.69 | #229 | | FY 2023-24 | 1,315.56 | 0.0364% | −39.09% | 6.99% | 4,309.83 | 0.0767% | +209.78% | 20.93% | −2,994.27 | #391 | | FY 2024-25 | 466.03 | 0.0127% | −64.58% | 6.74% | 5,262.94 | 0.0866% | +22.11% | 23.67% | −4,796.91 | #1066 | - CAGR (7-year): exports -14.71%/yr, imports 21.57%/yr (consistently Deficit) ## Key trade insights: HSN Code 72085110 export-import analysis ### Export decline: -14.71% CAGR over 7 years India's exports under HSN Code 72085110 have declined at a compound annual rate of -14.71% over 7 fiscal years, falling from ₹1,210.97 Crore in FY 2018-19 to ₹466.03 Crore in FY 2024-25. ### HSN Code 72085110 ranked #1066 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72085110 ranks #1066 out of 12657 HSN codes by total export value. Within Sub-Chapter 7208, it ranks #6 of 62. By trade surplus, it ranks #12556 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 72085110 exports The strongest single-year export movement for HSN Code 72085110 was recorded in FY 2020-21, when exports surged by 184.94% over the prior year. ### India records a trade deficit of ₹4,796.91 Crore in HSN Code 72085110 goods In FY 2024-25, India's imports of ₹5,262.94 Cr exceeded exports of ₹466.03 Cr, resulting in a trade deficit of ₹4,796.91 Crore — ranking #12556 of 12657 by surplus magnitude. ### Import growth of 21.57% CAGR signals rising demand for Hot-Rolled Plates (>10mm) India's imports under HSN Code 72085110 have grown at 21.57% CAGR, reaching ₹5,262.94 Crore in FY 2024-25. ### HSN Code 72085110 contributes 6.74% of Sub-Chapter 7208 exports — ranked #6 Among the 62 HSN codes under Sub-Chapter 7208, HSN Code 72085110 ranks #6 by export value — accounting for 6.74% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 23.67% share (rank #1). ## 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) (this hsn code) | ₹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 |