--- title: "HSN Code for Hot-Rolled Steel Flat Products Under 600 mm Wide | HSN 72089000 GST Rate" description: "Find HSN and GST Rates for 72089000 related to Hot-Rolled Steel Flat Products Under 600 mm Wide with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72089000/" --- # HSN Code 72089000: Hot-Rolled Steel Flat Products Under 600 mm Wide - [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 | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72089000 ? It includes Steel Strips Pickled or Oiled, Not Coated ### Does packaging or labelling change the GST for Hot-Rolled Steel Flat Products Under 600 mm Wide? 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. ### Any common misclassification issue with Hot-Rolled Steel Flat Products Under 600 mm Wide? 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 Steel Flat Products Under 600 mm Wide? 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 Flat Products Under 600 mm Wide? Under HSN 72089000, Hot-Rolled Steel Flat Products Under 600 mm Wide 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 Steel Flat Products Under 600 mm Wide? 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 72089000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹74 Cr (−64.49% YoY) — 0.0020% of India's total exports - Imports: ₹17 Cr (−90.31% YoY) — 0.0003% of India's total imports - Trade balance: ₹57 Cr (Surplus); surplus rank #2051 of 12657 HSN codes - Share of Sub-Chapter 7208: 1.07% of its exports; import side 0.08% - Rank within Sub-Chapter 7208: #16 of 62 by export value; import-side #27 ### Key metrics - Export CAGR: 23.54% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3065 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +200.55% in FY 2023-24 - Contribution to Sub-Ch. 7208: 1.07% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72089000 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 | 20.88 | 0.0009% | — | 0.15% | 194.45 | 0.0054% | — | 1.79% | −173.57 | #4053 | | FY 2019-20 | 33.87 | 0.0015% | +62.21% | 0.20% | 140.26 | 0.0042% | −27.87% | 1.63% | −106.39 | #3437 | | FY 2020-21 | 44.59 | 0.0021% | +31.65% | 0.18% | 2.10 | 0.0001% | −98.50% | 0.04% | +42.49 | #3102 | | FY 2021-22 | 61.03 | 0.0019% | +36.87% | 0.14% | 1.86 | 0.0000% | −11.43% | 0.03% | +59.17 | #3089 | | FY 2022-23 | 69.55 | 0.0019% | +13.96% | 0.44% | 274.73 | 0.0048% | +14,670.43% | 2.47% | −205.18 | #3047 | | FY 2023-24 | 209.03 | 0.0058% | +200.55% | 1.11% | 175.10 | 0.0031% | −36.26% | 0.85% | +33.93 | #1740 | | FY 2024-25 | 74.23 | 0.0020% | −64.49% | 1.07% | 16.97 | 0.0003% | −90.31% | 0.08% | +57.26 | #3065 | - CAGR (7-year): exports 23.54%/yr, imports -33.40%/yr (consistently Surplus) ## Key trade insights: HSN Code 72089000 export-import analysis ### Consistent export growth: 23.54% CAGR over 7 years India's exports under HSN Code 72089000 have grown at a compound annual rate of 23.54% over 7 fiscal years, rising from ₹20.88 Crore in FY 2018-19 to ₹74.23 Crore in FY 2024-25. ### HSN Code 72089000 ranked #3065 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72089000 ranks #3065 out of 12657 HSN codes by total export value. Within Sub-Chapter 7208, it ranks #16 of 62. By trade surplus, it ranks #2051 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 72089000 exports The strongest single-year export movement for HSN Code 72089000 was recorded in FY 2023-24, when exports surged by 200.55% over the prior year. ### India maintains a trade surplus of ₹57.26 Crore in HSN Code 72089000 goods In FY 2024-25, India's exports of ₹74.23 Cr exceeded imports of ₹16.97 Cr, resulting in a trade surplus of ₹57.26 Crore — ranking #2051 of 12657 by surplus magnitude. ### Import growth of -33.40% CAGR signals stable import dependency for Hot-Rolled Steel Flat Products Under 600 mm Wide India's imports under HSN Code 72089000 have grown at -33.40% CAGR, reaching ₹16.97 Crore in FY 2024-25. ### HSN Code 72089000 contributes 1.07% of Sub-Chapter 7208 exports — ranked #16 Among the 62 HSN codes under Sub-Chapter 7208, HSN Code 72089000 ranks #16 by export value — accounting for 1.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.08% share (rank #27). ## 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 | | #16 | HSN Code 72089000: Hot-Rolled Steel Flat Products Under 600 mm Wide (this hsn code) | ₹74 Cr |