---
title: "HSN Code for Other Non-Alloy Stainless Steel Products | HSN 72112390 GST Rate"
description: "Find HSN and GST Rates for 72112390 related to Other Non-Alloy Stainless Steel Products with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72112390/"
---

# HSN Code 72112390: Other Non-Alloy Stainless Steel 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: Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72112390 ?

It includes Cold-rolled hoops

### Does packaging or labelling change the GST for Other Non-Alloy Stainless Steel 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.

### Can we claim ITC on inputs used to trade Other Non-Alloy Stainless Steel Products?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### Any common misclassification issue with Other Non-Alloy Stainless Steel Products?

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 Non-Alloy Stainless Steel 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.

### How much GST applies to Other Non-Alloy Stainless Steel Products?

Under HSN 72112390, Other Non-Alloy Stainless Steel Products attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 72112390 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹5 Cr (−21.12% YoY) — 0.0001% of India's total exports
- Imports: ₹67 Cr (+25.94% YoY) — 0.0011% of India's total imports
- Trade balance: −₹62 Cr (Deficit); surplus rank #10409 of 12657 HSN codes
- Share of Sub-Chapter 7211: 1.95% of its exports; import side 17.96%
- Rank within Sub-Chapter 7211: #8 of 32 by export value; import-side #2

### Key metrics

- Export CAGR: -9.26% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #6570 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +128.63% in FY 2021-22
- Contribution to Sub-Ch. 7211: 1.95% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72112390

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 | 9.30 | 0.0004% | — | 2.98% | 11.28 | 0.0003% | — | 4.47% | −1.98 | #5064 |
| FY 2019-20 | 2.36 | 0.0001% | −74.62% | 0.75% | 6.34 | 0.0002% | −43.79% | 3.44% | −3.98 | #6758 |
| FY 2020-21 | 2.55 | 0.0001% | +8.05% | 0.59% | 3.48 | 0.0001% | −45.11% | 1.78% | −0.93 | #6714 |
| FY 2021-22 | 5.83 | 0.0002% | +128.63% | 0.47% | 1.75 | 0.0000% | −49.71% | 0.67% | +4.08 | #6169 |
| FY 2022-23 | 4.75 | 0.0001% | −18.52% | 0.92% | 15.16 | 0.0003% | +766.29% | 4.51% | −10.41 | #6512 |
| FY 2023-24 | 6.58 | 0.0002% | +38.53% | 1.71% | 53.21 | 0.0009% | +250.99% | 14.59% | −46.63 | #6232 |
| FY 2024-25 | 5.19 | 0.0001% | −21.12% | 1.95% | 67.01 | 0.0011% | +25.94% | 17.96% | −61.82 | #6570 |

- CAGR (7-year): exports -9.26%/yr, imports 34.58%/yr (consistently Deficit)

## Key trade insights: HSN Code 72112390 export-import analysis

### Export decline: -9.26% CAGR over 7 years

India's exports under HSN Code 72112390 have declined at a compound annual rate of -9.26% over 7 fiscal years, falling from ₹9.30 Crore in FY 2018-19 to ₹5.19 Crore in FY 2024-25.

### HSN Code 72112390 ranked #6570 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72112390 ranks #6570 out of 12657 HSN codes by total export value. Within Sub-Chapter 7211, it ranks #8 of 32. By trade surplus, it ranks #10409 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 72112390 exports

The strongest single-year export movement for HSN Code 72112390 was recorded in FY 2021-22, when exports surged by 128.63% over the prior year.

### India records a trade deficit of ₹61.82 Crore in HSN Code 72112390 goods

In FY 2024-25, India's imports of ₹67.01 Cr exceeded exports of ₹5.19 Cr, resulting in a trade deficit of ₹61.82 Crore — ranking #10409 of 12657 by surplus magnitude.

### Import growth of 34.58% CAGR signals rising demand for Other Non-Alloy Stainless Steel Products

India's imports under HSN Code 72112390 have grown at 34.58% CAGR, reaching ₹67.01 Crore in FY 2024-25.

### HSN Code 72112390 contributes 1.95% of Sub-Chapter 7211 exports — ranked #8

Among the 32 HSN codes under Sub-Chapter 7211, HSN Code 72112390 ranks #8 by export value — accounting for 1.95% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 17.96% share (rank #2).

## 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 (this hsn code) | ₹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 |