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HSN Code 72111940: Hot-rolled sheets

HSN Code 72111940 represents Hot-rolled sheets under GST classification. This code helps businesses identify Hot-rolled sheets correctly for billing, taxation, and trade. With HSN Code 72111940, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-rolled sheets.

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Description of Goods for HSN Code 72111940

HSN Code 72111940 relates to the following description.

Description of Goods

Not further worked than hot-rolled : Other : Sheets

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 72111940 not include?

Hot-rolled sheets 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, 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

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India’s Trade Performance — HSN Code 72111940 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹5 Cr

+44.50% vs FY 2024-25

0.0001% of India’s total exports

India’s Imports

FY 2025-26

₹7 Cr

−68.94% vs FY 2024-25

0.0001% of India’s total imports

Trade Balance

FY 2025-26

−₹2 Cr

Trade Deficit

Surplus rank #8155 of 12872 HSN codes

% of Sub-Chapter 7211

FY 2025-26

2.40%

Share of Sub-Chapter 7211’s total exports in FY 2025-26

Import side: 2.35% of Sub-Chapter 7211’s imports

Rank Within Sub-Chapter 7211

FY 2025-26

#7 of 32

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

Import-side rank: #6 of 32

At a glance

145.60%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#6684

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+1,100.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

2.40%

Contribution to Sub-Ch. 7211

Share of Sub-Chapter 7211 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 72111940

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #9921

Balance

−1.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7211

Imports

1.20 ₹ Cr

0.0000% share

— YoY

0.48% of Sub-Ch. 7211

FY 2019-20 Exp. Rank #9094

Balance

+0.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+1,100.00% YoY

0.04% of Sub-Ch. 7211

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−93.33% YoY

0.04% of Sub-Ch. 7211

FY 2020-21 Exp. Rank #7821

Balance

−10.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+591.67% YoY

0.19% of Sub-Ch. 7211

Imports

11.02 ₹ Cr

0.0004% share

+13,675.00% YoY

5.63% of Sub-Ch. 7211

FY 2021-22 Exp. Rank #6548

Balance

−17.01

Exports

4.29 ₹ Cr

0.0001% share

+416.87% YoY

0.34% of Sub-Ch. 7211

Imports

21.30 ₹ Cr

0.0005% share

+93.28% YoY

8.18% of Sub-Ch. 7211

FY 2022-23 Exp. Rank #6894

Balance

−16.62

Exports

3.31 ₹ Cr

0.0001% share

−22.84% YoY

0.64% of Sub-Ch. 7211

Imports

19.93 ₹ Cr

0.0003% share

−6.43% YoY

5.92% of Sub-Ch. 7211

FY 2023-24 Exp. Rank #7473

Balance

−18.50

Exports

2.23 ₹ Cr

0.0001% share

−32.63% YoY

0.58% of Sub-Ch. 7211

Imports

20.73 ₹ Cr

0.0004% share

+4.01% YoY

5.68% of Sub-Ch. 7211

FY 2024-25 Exp. Rank #6956

Balance

−18.45

Exports

3.73 ₹ Cr

0.0001% share

+67.26% YoY

1.40% of Sub-Ch. 7211

Imports

22.18 ₹ Cr

0.0004% share

+6.99% YoY

5.94% of Sub-Ch. 7211

FY 2025-26 Exp. Rank #6684

Balance

−1.50

Exports

5.39 ₹ Cr

0.0001% share

+44.50% YoY

2.40% of Sub-Ch. 7211

Imports

6.89 ₹ Cr

0.0001% share

−68.94% YoY

2.35% of Sub-Ch. 7211

CAGR · 8-Year

Exports

145.60% /yr

Imports

28.36% /yr

Consistently Deficit
Sub-Chapter 7211 total

reference, FY 2025-26

Export

₹224.41 Cr

Import

₹293.20 Cr

Trade Balance

−68.79

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

Key Trade Insights: HSN Code 72111940 Export-Import Analysis

Consistent Export Growth: 145.60% CAGR Over 8 Years

India's exports under HSN Code 72111940 have grown at a compound annual rate of 145.60% over 8 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹5.39 Crore in FY 2025-26.

HSN Code 72111940 Ranked #6684 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72111940 ranks #6684 out of 12872 HSN codes by total export value. Within Sub-Chapter 7211, it ranks #7 of 32. By trade surplus, it ranks #8155 of 12872.

FY 2019-20 Was the Strongest Growth Year for HSN Code 72111940 Exports

The strongest single-year export movement for HSN Code 72111940 was recorded in FY 2019-20, when exports surged by 1,100.00% over the prior year.

India Records a Trade Deficit of ₹1.50 Crore in HSN Code 72111940 Goods

In FY 2025-26, India's imports of ₹6.89 Cr exceeded exports of ₹5.39 Cr, resulting in a trade deficit of ₹1.50 Crore — ranking #8155 of 12872 by surplus magnitude.

Import Growth of 28.36% CAGR Signals Rising Demand for Hot-rolled sheets

India's imports under HSN Code 72111940 have grown at 28.36% CAGR, reaching ₹6.89 Crore in FY 2025-26.

HSN Code 72111940 Contributes 2.40% of Sub-Chapter 7211 Exports — Ranked #7

Among the 32 HSN codes under Sub-Chapter 7211, HSN Code 72111940 ranks #7 by export value — accounting for 2.40% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 2.35% share (rank #6).

Frequently Asked Questions

Clear answers to common queries about HSN Code 72111940 and GST compliance.

What products are classified under HSN 72111940 ?

It includes Stainless Steel Sheets, Cold-Rolled

Do e‑way bill and e‑invoice apply for Hot-rolled sheets?

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.

Does packaging or labelling change the GST for Hot-rolled sheets?

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 much GST applies to Hot-rolled sheets?

Under HSN 72111940, Hot-rolled sheets attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Hot-rolled sheets is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hot-rolled sheets; Nil for exempt items if applicable).

Any common misclassification issue with Hot-rolled sheets?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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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.