--- title: "HSN Code for Hot-Rolled Strips (>3mm, <4.75mm) | HSN 72085340 GST Rate" description: "Find HSN and GST Rates for 72085340 related to Hot-Rolled Strips (>3mm, <4.75mm) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72085340/" --- # HSN Code 72085340: Hot-Rolled Strips (>3mm, <4.75mm) - [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 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 72085340 ? It includes Alloy Steel Hot-Rolled Strips Over 600 mm Wide ### Any common misclassification issue with Hot-Rolled Strips (>3mm, <4.75mm)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Hot-Rolled Strips (>3mm, <4.75mm)? 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 Strips (>3mm, <4.75mm) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hot-Rolled Strips (>3mm, <4.75mm); Nil for exempt items if applicable). ### How much GST applies to Hot-Rolled Strips (>3mm, <4.75mm)? Under HSN 72085340, Hot-Rolled Strips (>3mm, <4.75mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Hot-Rolled Strips (>3mm, <4.75mm)? 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. ## India's trade performance: HSN Code 72085340 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (0.00% YoY) — 0.0000% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5588 of 12657 HSN codes - Share of Sub-Chapter 7208: 0.00% of its exports; import side 0.00% - Rank within Sub-Chapter 7208: #55 of 62 by export value ### Key metrics - National export rank: #10437 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: 0.00% in FY 2024-25 - Contribution to Sub-Ch. 7208: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72085340 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 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.00% | −0.23 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | 0.00 | — | | FY 2022-23 | Nil | 0.0000% | — | 0.00% | 1.63 | 0.0000% | — | 0.01% | −1.63 | — | | FY 2023-24 | < ₹1 Crore | 0.0000% | — | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | +0.01 | #10473 | | FY 2024-25 | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.01 | #10437 | ## Key trade insights: HSN Code 72085340 export-import analysis ### Export snapshot for HSN Code 72085340 India exported ₹0.01 Crore worth of Hot-Rolled Strips (>3mm, <4.75mm) in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 72085340 ranked #10437 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72085340 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 7208, it ranks #55 of 62. By trade surplus, it ranks #5588 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 72085340 exports The strongest single-year export movement for HSN Code 72085340 was recorded in FY 2024-25, when exports surged by 0.00% over the prior year. ### India maintains a trade surplus of ₹0.01 Crore in HSN Code 72085340 goods In FY 2024-25, India's exports of ₹0.01 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.01 Crore — ranking #5588 of 12657 by surplus magnitude. ### HSN Code 72085340 contributes 0.00% of Sub-Chapter 7208 exports — ranked #55 Among the 62 HSN codes under Sub-Chapter 7208, HSN Code 72085340 ranks #55 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## 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)](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 | | #55 | HSN Code 72085340: Hot-Rolled Strips (>3mm, <4.75mm) (this hsn code) | < ₹1 Crore |