HSN Code 72111450: Hot-Rolled Strip (≥4.75mm)

HSN Code 72111450 represents Hot-Rolled Strip (≥4.75mm) under GST classification. This code helps businesses identify Hot-Rolled Strip (≥4.75mm) correctly for billing, taxation, and trade. With HSN Code 72111450, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-Rolled Strip (≥4.75mm).

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Description of Goods for HSN Code 72111450

HSN Code 72111450 relates to the following description.

Description of Goods

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

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 72111450 not include?

Hot-Rolled Strip (≥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 : Universal plates

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 : 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 72111450 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

+14.04% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

−22.77% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7879 of 12657 HSN codes

% of Sub-Chapter 7211

FY 2024-25

0.24%

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

Import side: 0.42% of Sub-Chapter 7211’s imports

Rank Within Sub-Chapter 7211

FY 2024-25

#16 of 32

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

Import-side rank: #11 of 32

At a glance

−18.69%

Export CAGR

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

#8615

National Export Rank

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

+185.11%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.24%

Contribution to Sub-Ch. 7211

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

India Export-Import Trade Statistics for HSN Code 72111450

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 #6816

Balance

−2.20

Exports

2.25 ₹ Cr

0.0001% share

YoY

0.72% of Sub-Ch. 7211

Imports

4.45 ₹ Cr

0.0001% share

YoY

1.76% of Sub-Ch. 7211

FY 2019-20 Exp. Rank #8241

Balance

+0.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−79.11% YoY

0.15% of Sub-Ch. 7211

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−92.81% YoY

0.17% of Sub-Ch. 7211

FY 2020-21 Exp. Rank #7391

Balance

+0.28

Exports

1.34 ₹ Cr

0.0001% share

+185.11% YoY

0.31% of Sub-Ch. 7211

Imports

1.06 ₹ Cr

0.0000% share

+231.25% YoY

0.54% of Sub-Ch. 7211

FY 2021-22 Exp. Rank #7709

Balance

−0.40

Exports

1.36 ₹ Cr

0.0000% share

+1.49% YoY

0.11% of Sub-Ch. 7211

Imports

1.76 ₹ Cr

0.0000% share

+66.04% YoY

0.68% of Sub-Ch. 7211

FY 2022-23 Exp. Rank #8854

Balance

−4.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−70.59% YoY

0.08% of Sub-Ch. 7211

Imports

4.80 ₹ Cr

0.0001% share

+172.73% YoY

1.43% of Sub-Ch. 7211

FY 2023-24 Exp. Rank #8695

Balance

−1.45

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+42.50% YoY

0.15% of Sub-Ch. 7211

Imports

2.02 ₹ Cr

0.0000% share

−57.92% YoY

0.55% of Sub-Ch. 7211

FY 2024-25 Exp. Rank #8615

Balance

−0.91

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+14.04% YoY

0.24% of Sub-Ch. 7211

Imports

1.56 ₹ Cr

0.0000% share

−22.77% YoY

0.42% of Sub-Ch. 7211

CAGR · 7-Year

Exports

−18.69% /yr

Imports

−16.03% /yr

Consistently Deficit
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 72111450 Export-Import Analysis

Export Decline: −18.69% CAGR Over 7 Years

India's exports under HSN Code 72111450 have declined at a compound annual rate of −18.69% over 7 fiscal years, falling from ₹2.25 Crore in FY 2018-19 to ₹0.65 Crore in FY 2024-25.

HSN Code 72111450 Ranked #8615 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72111450 ranks #8615 out of 12657 HSN codes by total export value. Within Sub-Chapter 7211, it ranks #16 of 32. By trade surplus, it ranks #7879 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 72111450 Exports

The strongest single-year export movement for HSN Code 72111450 was recorded in FY 2020-21, when exports surged by 185.11% over the prior year.

India Records a Trade Deficit of ₹0.91 Crore in HSN Code 72111450 Goods

In FY 2024-25, India's imports of ₹1.56 Cr exceeded exports of ₹0.65 Cr, resulting in a trade deficit of ₹0.91 Crore — ranking #7879 of 12657 by surplus magnitude.

Import Growth of −16.03% CAGR Signals Stable Import Dependency for Hot-Rolled Strip (≥4.75mm)

India's imports under HSN Code 72111450 have grown at −16.03% CAGR, reaching ₹1.56 Crore in FY 2024-25.

HSN Code 72111450 Contributes 0.24% of Sub-Chapter 7211 Exports — Ranked #16

Among the 32 HSN codes under Sub-Chapter 7211, HSN Code 72111450 ranks #16 by export value — accounting for 0.24% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.42% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72111450 and GST compliance.

What products are classified under HSN 72111450 ?

It includes Flats, hot-rolled

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

Does packaging or labelling change the GST for Hot-Rolled Strip (≥4.75mm)?

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 Strip (≥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 Strip (≥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 much GST applies to Hot-Rolled Strip (≥4.75mm)?

Under HSN 72111450, Hot-Rolled Strip (≥4.75mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.