--- title: "HSN Code for Stainless Steel Coil, Cold-Rolled | HSN 72112310 GST Rate" description: "Find HSN and GST Rates for 72112310 related to Stainless Steel Coil, Cold-Rolled with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72112310/" --- # HSN Code 72112310: Stainless Steel Coil, Cold-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 cold-rolled (cold-reduced) : Containing by weight less than 0.20% of carbon: Flats | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72112310 ? It includes Stainless Steel Strips, Cold-Rolled ### How much GST applies to Stainless Steel Coil, Cold-Rolled? Under HSN 72112310, Stainless Steel Coil, Cold-Rolled attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Stainless Steel Coil, Cold-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 should mixed supplies be billed when Stainless Steel Coil, Cold-Rolled is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Stainless Steel Coil, Cold-Rolled; Nil for exempt items if applicable). ### Any common misclassification issue with Stainless Steel Coil, Cold-Rolled? 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 Stainless Steel Coil, Cold-Rolled? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 72112310 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−9.38% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (−60.91% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7772 of 12657 HSN codes - Share of Sub-Chapter 7211: 0.11% of its exports; import side 0.25% - Rank within Sub-Chapter 7211: #18 of 32 by export value; import-side #14 ### Key metrics - Export CAGR: 56.16% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9215 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +475.00% in FY 2022-23 - Contribution to Sub-Ch. 7211: 0.11% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72112310 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% | — | 0.01% | < ₹1 Crore | 0.0000% | — | 0.28% | −0.68 | #9774 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +300.00% | 0.03% | < ₹1 Crore | 0.0000% | −45.71% | 0.21% | −0.30 | #9279 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +137.50% | 0.04% | < ₹1 Crore | 0.0000% | +86.84% | 0.36% | −0.52 | #8900 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −78.95% | 0.00% | 3.83 | 0.0001% | +439.44% | 1.47% | −3.79 | #9874 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +475.00% | 0.04% | 4.86 | 0.0001% | +26.89% | 1.44% | −4.63 | #9197 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +39.13% | 0.08% | 2.43 | 0.0000% | −50.00% | 0.67% | −2.11 | #9139 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −9.38% | 0.11% | < ₹1 Crore | 0.0000% | −60.91% | 0.25% | −0.66 | #9215 | - CAGR (7-year): exports 56.16%/yr, imports 5.22%/yr (consistently Deficit) ## Key trade insights: HSN Code 72112310 export-import analysis ### Consistent export growth: 56.16% CAGR over 7 years India's exports under HSN Code 72112310 have grown at a compound annual rate of 56.16% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.29 Crore in FY 2024-25. ### HSN Code 72112310 ranked #9215 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72112310 ranks #9215 out of 12657 HSN codes by total export value. Within Sub-Chapter 7211, it ranks #18 of 32. By trade surplus, it ranks #7772 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 72112310 exports The strongest single-year export movement for HSN Code 72112310 was recorded in FY 2022-23, when exports surged by 475.00% over the prior year. ### India records a trade deficit of ₹0.66 Crore in HSN Code 72112310 goods In FY 2024-25, India's imports of ₹0.95 Cr exceeded exports of ₹0.29 Cr, resulting in a trade deficit of ₹0.66 Crore — ranking #7772 of 12657 by surplus magnitude. ### Import growth of 5.22% CAGR signals stable import dependency for Stainless Steel Coil, Cold-Rolled India's imports under HSN Code 72112310 have grown at 5.22% CAGR, reaching ₹0.95 Crore in FY 2024-25. ### HSN Code 72112310 contributes 0.11% of Sub-Chapter 7211 exports — ranked #18 Among the 32 HSN codes under Sub-Chapter 7211, HSN Code 72112310 ranks #18 by export value — accounting for 0.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.25% share (rank #14). ## 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 | | #18 | HSN Code 72112310: Stainless Steel Coil, Cold-Rolled (this hsn code) | < ₹1 Crore |