--- title: "HSN Code for Other Cold-Rolled Stainless Steel Flat Products | HSN 72112350 GST Rate" description: "Find HSN and GST Rates for 72112350 related to Other Cold-Rolled Stainless Steel Flat Products with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72112350/" --- # HSN Code 72112350: Other Cold-Rolled Stainless Steel Flat Products - [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: Strip | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72112350 ? It includes Cold-Rolled Universal Steel Plates: Not Further Worked ### How much GST applies to Other Cold-Rolled Stainless Steel Flat Products? Under HSN 72112350, Other Cold-Rolled Stainless Steel Flat Products attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Other Cold-Rolled Stainless Steel Flat Products is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Cold-Rolled Stainless Steel Flat Products; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Other Cold-Rolled Stainless Steel Flat Products? 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. ### Do e‑way bill and e‑invoice apply for Other Cold-Rolled Stainless Steel Flat Products? 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. ### Can we claim ITC on inputs used to trade Other Cold-Rolled Stainless Steel Flat Products? 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 72112350 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹32 Cr (−56.15% YoY) — 0.0009% of India's total exports - Imports: ₹10 Cr (+123.03% YoY) — 0.0002% of India's total imports - Trade balance: ₹21 Cr (Surplus); surplus rank #2778 of 12657 HSN codes - Share of Sub-Chapter 7211: 11.85% of its exports; import side 2.73% - Rank within Sub-Chapter 7211: #3 of 32 by export value; import-side #7 ### Key metrics - Export CAGR: -9.88% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4258 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +121.81% in FY 2021-22 - Contribution to Sub-Ch. 7211: 11.85% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72112350 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 | 58.80 | 0.0026% | — | 18.82% | 8.66 | 0.0002% | — | 3.43% | +50.14 | #2648 | | FY 2019-20 | 67.62 | 0.0031% | +15.00% | 21.44% | 4.38 | 0.0001% | −49.42% | 2.37% | +63.24 | #2489 | | FY 2020-21 | 19.53 | 0.0009% | −71.12% | 4.55% | 10.12 | 0.0003% | +131.05% | 5.17% | +9.41 | #4209 | | FY 2021-22 | 43.32 | 0.0014% | +121.81% | 3.48% | 9.28 | 0.0002% | −8.30% | 3.56% | +34.04 | #3564 | | FY 2022-23 | 64.27 | 0.0018% | +48.36% | 12.39% | 9.86 | 0.0002% | +6.25% | 2.93% | +54.41 | #3140 | | FY 2023-24 | 71.83 | 0.0020% | +11.76% | 18.66% | 4.56 | 0.0001% | −53.75% | 1.25% | +67.27 | #3043 | | FY 2024-25 | 31.50 | 0.0009% | −56.15% | 11.85% | 10.17 | 0.0002% | +123.03% | 2.73% | +21.33 | #4258 | - CAGR (7-year): exports -9.88%/yr, imports 2.72%/yr (consistently Surplus) ## Key trade insights: HSN Code 72112350 export-import analysis ### Export decline: -9.88% CAGR over 7 years India's exports under HSN Code 72112350 have declined at a compound annual rate of -9.88% over 7 fiscal years, falling from ₹58.80 Crore in FY 2018-19 to ₹31.50 Crore in FY 2024-25. ### HSN Code 72112350 ranked #4258 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72112350 ranks #4258 out of 12657 HSN codes by total export value. Within Sub-Chapter 7211, it ranks #3 of 32. By trade surplus, it ranks #2778 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72112350 exports The strongest single-year export movement for HSN Code 72112350 was recorded in FY 2021-22, when exports surged by 121.81% over the prior year. ### India maintains a trade surplus of ₹21.33 Crore in HSN Code 72112350 goods In FY 2024-25, India's exports of ₹31.50 Cr exceeded imports of ₹10.17 Cr, resulting in a trade surplus of ₹21.33 Crore — ranking #2778 of 12657 by surplus magnitude. ### Import growth of 2.72% CAGR signals stable import dependency for Other Cold-Rolled Stainless Steel Flat Products India's imports under HSN Code 72112350 have grown at 2.72% CAGR, reaching ₹10.17 Crore in FY 2024-25. ### HSN Code 72112350 contributes 11.85% of Sub-Chapter 7211 exports — ranked #3 Among the 32 HSN codes under Sub-Chapter 7211, HSN Code 72112350 ranks #3 by export value — accounting for 11.85% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.73% share (rank #7). ## 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 (this hsn code) | ₹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 |