HSN Code 72111490: Other Hot-Rolled Stainless Steel (≥4.75mm)
HSN Code 72111490 represents Other Hot-Rolled Stainless Steel (≥4.75mm) under GST classification. This code helps businesses identify Other Hot-Rolled Stainless Steel (≥4.75mm) correctly for billing, taxation, and trade. With HSN Code 72111490, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Hot-Rolled Stainless Steel (≥4.75mm).
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Description of Goods for HSN Code 72111490
HSN Code 72111490 relates to the following description.
What does HSN Code 72111490 not include?
Other Hot-Rolled Stainless Steel (≥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 : 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 : Flats
Not further worked than hot-rolled : Other : Universal plates
Not further worked than hot-rolled : Other : Hoops
Not further worked than hot-rolled : Other : Sheets
Not further worked than hot-rolled : Other : Strip
Not further worked than hot-rolled : Other : Skelp
Not further worked than hot-rolled : Other : 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 : Flats
Not further worked than cold-rolled (cold-reduced) : Other : Universal plates
Not further worked than cold-rolled (cold-reduced) : Other : Hoops
Not further worked than cold-rolled (cold-reduced) : Other : Sheets
Not further worked than cold-rolled (cold-reduced) : Other : Strip
Not further worked than cold-rolled (cold-reduced) : Other : Skelp
Not further worked than cold-rolled (cold-reduced) : Other : Other
Other : Universal plates : Of boiler quality
Other : Universal plates : Of high tensile quality
Other : Universal plates : Of ship building quality
Other : Other
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 : 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 : Flats
Not further worked than hot-rolled : Other : Universal plates
Not further worked than hot-rolled : Other : Hoops
Not further worked than hot-rolled : Other : Sheets
Not further worked than hot-rolled : Other : Strip
Not further worked than hot-rolled : Other : Skelp
Not further worked than hot-rolled : Other : 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 : Flats
Not further worked than cold-rolled (cold-reduced) : Other : Universal plates
Not further worked than cold-rolled (cold-reduced) : Other : Hoops
Not further worked than cold-rolled (cold-reduced) : Other : Sheets
Not further worked than cold-rolled (cold-reduced) : Other : Strip
Not further worked than cold-rolled (cold-reduced) : Other : Skelp
Not further worked than cold-rolled (cold-reduced) : Other : Other
Other : Universal plates : Of boiler quality
Other : Universal plates : Of high tensile quality
Other : Universal plates : Of ship building quality
Other : Other
India’s Trade Performance — HSN Code 72111490 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹6 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹6 Cr
Surplus rank #8684 of 12657 HSN codes
% of Sub-Chapter 7211
FY 2024-250.27%
Share of Sub-Chapter 7211’s total exports in FY 2024-25
Import side: 1.70% of Sub-Chapter 7211’s imports
Rank Within Sub-Chapter 7211
FY 2024-25#15 of 32
Position by export value among HSN codes in Sub-Chapter 7211
Import-side rank: #8 of 32
At a glance
−24.11%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8525
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+188.19%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.27%
Contribution to Sub-Ch. 7211
Share of Sub-Chapter 7211 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
+3.50
Exports
3.77 ₹ Cr
0.0002% share
— YoY
1.21% of Sub-Ch. 7211
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.11% of Sub-Ch. 7211
Balance
+1.85
Exports
1.88 ₹ Cr
0.0001% share
−50.13% YoY
0.60% of Sub-Ch. 7211
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−88.89% YoY
0.02% of Sub-Ch. 7211
Balance
+4.05
Exports
4.13 ₹ Cr
0.0002% share
+119.68% YoY
0.96% of Sub-Ch. 7211
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+166.67% YoY
0.04% of Sub-Ch. 7211
Balance
+2.62
Exports
2.89 ₹ Cr
0.0001% share
−30.02% YoY
0.23% of Sub-Ch. 7211
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+237.50% YoY
0.10% of Sub-Ch. 7211
Balance
−1.09
Exports
1.44 ₹ Cr
0.0000% share
−50.17% YoY
0.28% of Sub-Ch. 7211
Imports
2.53 ₹ Cr
0.0000% share
+837.04% YoY
0.75% of Sub-Ch. 7211
Balance
+1.51
Exports
4.15 ₹ Cr
0.0001% share
+188.19% YoY
1.08% of Sub-Ch. 7211
Imports
2.64 ₹ Cr
0.0000% share
+4.35% YoY
0.72% of Sub-Ch. 7211
Balance
−5.63
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−82.65% YoY
0.27% of Sub-Ch. 7211
Imports
6.35 ₹ Cr
0.0001% share
+140.53% YoY
1.70% of Sub-Ch. 7211
CAGR · 7-Year
Exports
−24.11% /yr
Imports
69.27% /yr
reference, FY 2024-25
Export
₹265.91 Cr
Import
₹373.15 Cr
Trade Balance
−107.24
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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 72111490 and GST compliance.
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.