--- title: "HSN Code for Universal plates: Hot-rolled | HSN 72111920 GST Rate" description: "Find HSN and GST Rates for 72111920 related to Universal plates: Hot-rolled with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72111920/" --- # HSN Code 72111920: Universal plates: Hot-rolled - [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 : Universal plates | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72111920 ? It includes Stainless Steel Coil, Cold-Rolled ### Any common misclassification issue with Universal plates: Hot-rolled? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Universal plates: Hot-rolled? 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. ### How should mixed supplies be billed when Universal plates: Hot-rolled is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Universal plates: Hot-rolled; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Universal plates: Hot-rolled? 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 Universal plates: Hot-rolled? 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 much GST applies to Universal plates: Hot-rolled? Under HSN 72111920, Universal plates: Hot-rolled attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 72111920 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−55.56% YoY) — 0.0000% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5420 of 12657 HSN codes - Share of Sub-Chapter 7211: 0.02% of its exports; import side 0.00% - Rank within Sub-Chapter 7211: #26 of 32 by export value ### Key metrics - Export CAGR: -28.12% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #10112 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +200.00% in FY 2022-23 - Contribution to Sub-Ch. 7211: 0.02% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72111920 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 | < ₹1 Crore | 0.0000% | — | 0.09% | Nil | 0.0000% | — | 0.00% | +0.29 | #8572 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | +0.01 | #9985 | | FY 2021-22 | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | < ₹1 Crore | 0.0000% | — | 0.00% | 0.00 | #10198 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +200.00% | 0.01% | Nil | 0.0000% | −100.00% | 0.00% | +0.03 | #10045 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +200.00% | 0.02% | Nil | 0.0000% | — | 0.00% | +0.09 | #9818 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −55.56% | 0.02% | Nil | 0.0000% | — | 0.00% | +0.04 | #10112 | - CAGR (7-year): exports -28.12%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 72111920 export-import analysis ### Export decline: -28.12% CAGR over 7 years India's exports under HSN Code 72111920 have declined at a compound annual rate of -28.12% over 7 fiscal years, falling from ₹0.29 Crore in FY 2018-19 to ₹0.04 Crore in FY 2024-25. ### HSN Code 72111920 ranked #10112 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72111920 ranks #10112 out of 12657 HSN codes by total export value. Within Sub-Chapter 7211, it ranks #26 of 32. By trade surplus, it ranks #5420 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 72111920 exports The strongest single-year export movement for HSN Code 72111920 was recorded in FY 2022-23, when exports surged by 200.00% over the prior year. ### India maintains a trade surplus of ₹0.04 Crore in HSN Code 72111920 goods In FY 2024-25, India's exports of ₹0.04 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.04 Crore — ranking #5420 of 12657 by surplus magnitude. ### HSN Code 72111920 contributes 0.02% of Sub-Chapter 7211 exports — ranked #26 Among the 32 HSN codes under Sub-Chapter 7211, HSN Code 72111920 ranks #26 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## 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 | | #26 | HSN Code 72111920: Universal plates: Hot-rolled (this hsn code) | < ₹1 Crore |