HSN Code 72107000: Painted, Varnished, Plastics Coated

HSN Code 72107000 represents Painted, Varnished, Plastics Coated under GST classification. This code helps businesses identify Painted, Varnished, Plastics Coated correctly for billing, taxation, and trade. With HSN Code 72107000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Painted, Varnished, Plastics Coated.

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Description of Goods for HSN Code 72107000

HSN Code 72107000 relates to the following description.

Description of Goods

Painted, varnished or coated with plastics

Chapter

72 - Iron and steel

Sub Chapter

7210 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72107000 not include?

Painted, Varnished, Plastics Coated does not include products with the following descriptions.

HSN Code 72101210

Plated or coated with tin : Of a thickness of less than 0.5 mm: OTS/MR Type

HSN Code 72102000

Plated or coated with tin : Plated or coated with lead, including terne-plate

HSN Code 72103010

Plated or coated with tin : Electrolytically plated or coated with zinc : Corrugated

HSN Code 72103090

Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated - electrolytically plated or coated with zinc :other

HSN Code 72103091

Plated or coated with tin : Electrolytically plated or coated with zinc : Other :Galvannealed

HSN Code 72103099

Plated or coated with tin : Electrolytically plated or coated with zinc : Other: Other

HSN Code 72104900

Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated - otherwise plated or coated with zinc : other

HSN Code 72106100

Plated or coated with aluminium : Plated or coated with aluminium-zinc alloys

India’s Trade Performance — HSN Code 72107000 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹2,737 Cr

−26.46% vs FY 2023-24

0.0744% of India’s total exports

India’s Imports

FY 2024-25

₹3,940 Cr

+1.67% vs FY 2023-24

0.0648% of India’s total imports

Trade Balance

FY 2024-25

−₹1,203 Cr

Trade Deficit

Surplus rank #12271 of 12657 HSN codes

% of Sub-Chapter 7210

FY 2024-25

31.35%

Share of Sub-Chapter 7210’s total exports in FY 2024-25

Import side: 36.64% of Sub-Chapter 7210’s imports

Rank Within Sub-Chapter 7210

FY 2024-25

#2 of 19

Position by export value among HSN codes in Sub-Chapter 7210

Import-side rank: #1 of 19

At a glance

29.79%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#190

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+417.62%

Peak Growth Year

FY 2021-22 · strongest single-year move

31.35%

Contribution to Sub-Ch. 7210

Share of Sub-Chapter 7210 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72107000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #569

Balance

−883.72

Exports

572.75 ₹ Cr

0.0251% share

— YoY

8.02% of Sub-Ch. 7210

Imports

1,456.47 ₹ Cr

0.0406% share

— YoY

17.73% of Sub-Ch. 7210

FY 2019-20 Exp. Rank #436

Balance

−786.60

Exports

781.09 ₹ Cr

0.0355% share

+36.38% YoY

14.31% of Sub-Ch. 7210

Imports

1,567.69 ₹ Cr

0.0468% share

+7.64% YoY

24.55% of Sub-Ch. 7210

FY 2020-21 Exp. Rank #408

Balance

−1,250.20

Exports

874.04 ₹ Cr

0.0406% share

+11.90% YoY

12.79% of Sub-Ch. 7210

Imports

2,124.24 ₹ Cr

0.0729% share

+35.50% YoY

34.00% of Sub-Ch. 7210

FY 2021-22 Exp. Rank #95

Balance

+2,344.20

Exports

4,524.22 ₹ Cr

0.1442% share

+417.62% YoY

23.56% of Sub-Ch. 7210

Imports

2,180.02 ₹ Cr

0.0477% share

+2.63% YoY

32.44% of Sub-Ch. 7210

FY 2022-23 Exp. Rank #321

Balance

−1,065.28

Exports

1,575.25 ₹ Cr

0.0435% share

−65.18% YoY

22.82% of Sub-Ch. 7210

Imports

2,640.53 ₹ Cr

0.0459% share

+21.12% YoY

31.91% of Sub-Ch. 7210

FY 2023-24 Exp. Rank #131

Balance

−153.19

Exports

3,722.09 ₹ Cr

0.1029% share

+136.29% YoY

30.42% of Sub-Ch. 7210

Imports

3,875.28 ₹ Cr

0.0690% share

+46.76% YoY

36.47% of Sub-Ch. 7210

FY 2024-25 Exp. Rank #190

Balance

−1,202.72

Exports

2,737.29 ₹ Cr

0.0744% share

−26.46% YoY

31.35% of Sub-Ch. 7210

Imports

3,940.01 ₹ Cr

0.0648% share

+1.67% YoY

36.64% of Sub-Ch. 7210

CAGR · 7-Year

Exports

29.79% /yr

Imports

18.04% /yr

Consistently Deficit
Sub-Chapter 7210 total

reference, FY 2024-25

Export

₹8,732.78 Cr

Import

₹10,754.34 Cr

Trade Balance

−2,021.56

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72107000 Export-Import Analysis

Consistent Export Growth: 29.79% CAGR Over 7 Years

India's exports under HSN Code 72107000 have grown at a compound annual rate of 29.79% over 7 fiscal years, rising from ₹572.75 Crore in FY 2018-19 to ₹2,737.29 Crore in FY 2024-25.

HSN Code 72107000 Ranked #190 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72107000 ranks #190 out of 12657 HSN codes by total export value. Within Sub-Chapter 7210, it ranks #2 of 19. By trade surplus, it ranks #12271 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72107000 Exports

The strongest single-year export movement for HSN Code 72107000 was recorded in FY 2021-22, when exports surged by 417.62% over the prior year.

India Records a Trade Deficit of ₹1,202.72 Crore in HSN Code 72107000 Goods

In FY 2024-25, India's imports of ₹3,940.01 Cr exceeded exports of ₹2,737.29 Cr, resulting in a trade deficit of ₹1,202.72 Crore — ranking #12271 of 12657 by surplus magnitude.

Import Growth of 18.04% CAGR Signals Rising Demand for Painted, Varnished, Plastics Coated

India's imports under HSN Code 72107000 have grown at 18.04% CAGR, reaching ₹3,940.01 Crore in FY 2024-25.

HSN Code 72107000 Contributes 31.35% of Sub-Chapter 7210 Exports — Ranked #2

Among the 19 HSN codes under Sub-Chapter 7210, HSN Code 72107000 ranks #2 by export value — accounting for 31.35% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 36.64% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72107000 and GST compliance.

What products are classified under HSN 72107000 ?

It includes Hot-Rolled Steel (Width >150mm, Thickness >=4mm)

Do e‑way bill and e‑invoice apply for Painted, Varnished, Plastics Coated?

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 should mixed supplies be billed when Painted, Varnished, Plastics Coated is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Painted, Varnished, Plastics Coated; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Painted, Varnished, Plastics Coated?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Does packaging or labelling change the GST for Painted, Varnished, Plastics Coated?

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 Painted, Varnished, Plastics Coated?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.