HSN Code 72111420: Hot-Rolled Stainless Steel Universal Plates (≥4.75mm)

HSN Code 72111420 represents Hot-Rolled Stainless Steel Universal Plates (≥4.75mm) under GST classification. This code helps businesses identify Hot-Rolled Stainless Steel Universal Plates (≥4.75mm) correctly for billing, taxation, and trade. With HSN Code 72111420, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-Rolled Stainless Steel Universal Plates (≥4.75mm).

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Description of Goods for HSN Code 72111420

HSN Code 72111420 relates to the following description.

Description of Goods

Not further worked than hot-rolled : Other, of a thickness of 4.75 mm or more : Universal plates

Chapter

72 - Iron and steel

Sub Chapter

7211 - Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, not clad, plated or coated

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72111420 not include?

Hot-Rolled Stainless Steel Universal Plates (≥4.75mm) does not include products with the following descriptions.

Not further worked than hot-rolled : Rolled on four faces or in a closed box pass, of a width exceeding 150 mm and a thickness of not less than 4 mm, not in coils and without patterns in relief

Not further worked than hot-rolled : Other, of a thickness of 4.75 mm or more : Flats

Not further worked than hot-rolled : Other, of a thickness of 4.75 mm or more : Hoops

Not further worked than hot-rolled : Other, of a thickness of 4.75 mm or more : Sheets

Not further worked than hot-rolled : Other, of a thickness of 4.75 mm or more : Strip

Not further worked than hot-rolled : Other, of a thickness of 4.75 mm or more : Skelp

Not further worked than hot-rolled : Other, of a thickness of 4.75 mm or more : Other

Not further worked than cold-rolled (cold-reduced) : Containing by weight less than 0.20% of carbon: Flats

Not further worked than cold-rolled (cold-reduced) : Containing by weight less than 0.20% of carbon: Universal plates

Not further worked than cold-rolled (cold-reduced) : Containing by weight less than 0.20% of carbon: Hoops

Not further worked than cold-rolled (cold-reduced) : Containing by weight less than 0.20% of carbon: Sheets

Not further worked than cold-rolled (cold-reduced) : Containing by weight less than 0.20% of carbon: Strip

Not further worked than cold-rolled (cold-reduced) : Containing by weight less than 0.20% of carbon: Other

Not further worked than cold-rolled (cold-reduced) : Other : Universal plates

India’s Trade Performance — HSN Code 72111420 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

< ₹1 Crore

+46.15% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5103 of 12657 HSN codes

% of Sub-Chapter 7211

FY 2024-25

0.07%

Share of Sub-Chapter 7211’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 7211’s imports

Rank Within Sub-Chapter 7211

FY 2024-25

#20 of 32

Position by export value among HSN codes in Sub-Chapter 7211

At a glance

63.35%

Export CAGR

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

#9447

National Export Rank

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

+254.55%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.07%

Contribution to Sub-Ch. 7211

Share of Sub-Chapter 7211 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72111420

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 #9921

Balance

−0.27

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7211

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.11% of Sub-Ch. 7211

FY 2019-20

Balance

−0.18

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7211

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−35.71% YoY

0.10% of Sub-Ch. 7211

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7211

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7211

FY 2021-22 Exp. Rank #9497

Balance

+0.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 7211

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7211

FY 2022-23 Exp. Rank #8876

Balance

+0.39

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+254.55% YoY

0.08% of Sub-Ch. 7211

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7211

FY 2023-24 Exp. Rank #9670

Balance

+0.07

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

0.03% of Sub-Ch. 7211

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 7211

FY 2024-25 Exp. Rank #9447

Balance

+0.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+46.15% YoY

0.07% of Sub-Ch. 7211

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7211

CAGR · 7-Year

Exports

63.35% /yr

Imports

Consistently Surplus
Sub-Chapter 7211 total

reference, FY 2024-25

Export

₹265.91 Cr

Import

₹373.15 Cr

Trade Balance

−107.24

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

Key Trade Insights: HSN Code 72111420 Export-Import Analysis

Consistent Export Growth: 63.35% CAGR Over 7 Years

India's exports under HSN Code 72111420 have grown at a compound annual rate of 63.35% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.19 Crore in FY 2024-25.

HSN Code 72111420 Ranked #9447 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72111420 ranks #9447 out of 12657 HSN codes by total export value. Within Sub-Chapter 7211, it ranks #20 of 32. By trade surplus, it ranks #5103 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 72111420 Exports

The strongest single-year export movement for HSN Code 72111420 was recorded in FY 2022-23, when exports surged by 254.55% over the prior year.

India Maintains a Trade Surplus of ₹0.19 Crore in HSN Code 72111420 Goods

In FY 2024-25, India's exports of ₹0.19 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.19 Crore — ranking #5103 of 12657 by surplus magnitude.

HSN Code 72111420 Contributes 0.07% of Sub-Chapter 7211 Exports — Ranked #20

Among the 32 HSN codes under Sub-Chapter 7211, HSN Code 72111420 ranks #20 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72111420 and GST compliance.

What products are classified under HSN 72111420 ?

It includes Hot-Rolled Strip (≥4.75mm)

How should mixed supplies be billed when Hot-Rolled Stainless Steel Universal Plates (≥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 Stainless Steel Universal Plates (≥4.75mm); Nil for exempt items if applicable).

How much GST applies to Hot-Rolled Stainless Steel Universal Plates (≥4.75mm)?

Under HSN 72111420, Hot-Rolled Stainless Steel Universal Plates (≥4.75mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Hot-Rolled Stainless Steel Universal Plates (≥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.

Do e‑way bill and e‑invoice apply for Hot-Rolled Stainless Steel Universal Plates (≥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.

Any common misclassification issue with Hot-Rolled Stainless Steel Universal Plates (≥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.

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.