---
title: "HSN Code for Other Hot-Rolled Stainless Steel (≥4.75mm) | HSN 72111490 GST Rate"
description: "Find HSN and GST Rates for 72111490 related to Other Hot-Rolled Stainless Steel (≥4.75mm) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72111490/"
---

# HSN Code 72111490: Other Hot-Rolled Stainless Steel (≥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 7211: Flat-rolled iron & steel products](https://busy.in/hsn/sub-chapter-7211/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Not further worked than hot-rolled : Other, of a thickness of 4.75 mm or more : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72111490 ?

It includes Hoops

### Can we claim ITC on inputs used to trade Other Hot-Rolled Stainless Steel (≥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 Other Hot-Rolled Stainless Steel (≥4.75mm)?

Under HSN 72111490, Other Hot-Rolled Stainless Steel (≥4.75mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Other Hot-Rolled Stainless Steel (≥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 Other Hot-Rolled Stainless Steel (≥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.

### Do e‑way bill and e‑invoice apply for Other Hot-Rolled Stainless Steel (≥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 72111490 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (−82.65% YoY) — 0.0000% of India's total exports
- Imports: ₹6 Cr (+140.53% YoY) — 0.0001% of India's total imports
- Trade balance: −₹6 Cr (Deficit); surplus rank #8684 of 12657 HSN codes
- Share of Sub-Chapter 7211: 0.27% of its exports; import side 1.70%
- Rank within Sub-Chapter 7211: #15 of 32 by export value; import-side #8

### Key metrics

- Export CAGR: -24.11% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8525 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +188.19% in FY 2023-24
- Contribution to Sub-Ch. 7211: 0.27% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72111490

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. 7211 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7211 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 3.77 | 0.0002% | — | 1.21% | < ₹1 Crore | 0.0000% | — | 0.11% | +3.50 | #6210 |
| FY 2019-20 | 1.88 | 0.0001% | −50.13% | 0.60% | < ₹1 Crore | 0.0000% | −88.89% | 0.02% | +1.85 | #6998 |
| FY 2020-21 | 4.13 | 0.0002% | +119.68% | 0.96% | < ₹1 Crore | 0.0000% | +166.67% | 0.04% | +4.05 | #6153 |
| FY 2021-22 | 2.89 | 0.0001% | −30.02% | 0.23% | < ₹1 Crore | 0.0000% | +237.50% | 0.10% | +2.62 | #6932 |
| FY 2022-23 | 1.44 | 0.0000% | −50.17% | 0.28% | 2.53 | 0.0000% | +837.04% | 0.75% | −1.09 | #7774 |
| FY 2023-24 | 4.15 | 0.0001% | +188.19% | 1.08% | 2.64 | 0.0000% | +4.35% | 0.72% | +1.51 | #6802 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −82.65% | 0.27% | 6.35 | 0.0001% | +140.53% | 1.70% | −5.63 | #8525 |

- CAGR (7-year): exports -24.11%/yr, imports 69.27%/yr (consistently Deficit)

## Key trade insights: HSN Code 72111490 export-import analysis

### Export decline: -24.11% CAGR over 7 years

India's exports under HSN Code 72111490 have declined at a compound annual rate of -24.11% over 7 fiscal years, falling from ₹3.77 Crore in FY 2018-19 to ₹0.72 Crore in FY 2024-25.

### HSN Code 72111490 ranked #8525 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72111490 ranks #8525 out of 12657 HSN codes by total export value. Within Sub-Chapter 7211, it ranks #15 of 32. By trade surplus, it ranks #8684 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 72111490 exports

The strongest single-year export movement for HSN Code 72111490 was recorded in FY 2023-24, when exports surged by 188.19% over the prior year.

### India records a trade deficit of ₹5.63 Crore in HSN Code 72111490 goods

In FY 2024-25, India's imports of ₹6.35 Cr exceeded exports of ₹0.72 Cr, resulting in a trade deficit of ₹5.63 Crore — ranking #8684 of 12657 by surplus magnitude.

### Import growth of 69.27% CAGR signals rising demand for Other Hot-Rolled Stainless Steel (≥4.75mm)

India's imports under HSN Code 72111490 have grown at 69.27% CAGR, reaching ₹6.35 Crore in FY 2024-25.

### HSN Code 72111490 contributes 0.27% of Sub-Chapter 7211 exports — ranked #15

Among the 32 HSN codes under Sub-Chapter 7211, HSN Code 72111490 ranks #15 by export value — accounting for 0.27% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.70% share (rank #8).

## Related HSN Codes in Sub-Chapter 7211

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 72112950: Hot rolled steel sheets, coated, painted, etc.](https://busy.in/hsn/hsn-72112950/) | ₹120 Cr |
| #2 | [HSN Code 72112990: Cold-rolled other steel](https://busy.in/hsn/hsn-72112990/) | ₹49 Cr |
| #3 | [HSN Code 72112350: Other Cold-Rolled Stainless Steel Flat Products](https://busy.in/hsn/hsn-72112350/) | ₹32 Cr |
| #4 | [HSN Code 72111990: Hot-rolled, other](https://busy.in/hsn/hsn-72111990/) | ₹16 Cr |
| #5 | [HSN Code 72111410: Hot-Rolled Flats (≥4.75mm)](https://busy.in/hsn/hsn-72111410/) | ₹14 Cr |
| #6 | [HSN Code 72111910: Flats, hot-rolled](https://busy.in/hsn/hsn-72111910/) | ₹9 Cr |
| #7 | [HSN Code 72111950: Strip, hot-rolled](https://busy.in/hsn/hsn-72111950/) | ₹6 Cr |
| #8 | [HSN Code 72112390: Other Non-Alloy Stainless Steel Products](https://busy.in/hsn/hsn-72112390/) | ₹5 Cr |
| #9 | [HSN Code 72111940: Hot-rolled sheets](https://busy.in/hsn/hsn-72111940/) | ₹4 Cr |
| #10 | [HSN Code 72112330: Stainless Steel Sheets, Cold-Rolled](https://busy.in/hsn/hsn-72112330/) | ₹4 Cr |
| #15 | HSN Code 72111490: Other Hot-Rolled Stainless Steel (≥4.75mm) (this hsn code) | < ₹1 Crore |