---
title: "HSN Code for Hot rolled steel sheets, coated, painted, etc. | HSN 72112950 GST Rate"
description: "Find HSN and GST Rates for 72112950 related to Hot rolled steel sheets, coated, painted, etc. with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72112950/"
---

# HSN Code 72112950: Hot rolled steel sheets, coated, painted, etc.

- [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) : Other : Strip | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72112950 ?

It includes Other : Universal plates : Of boiler quality

### Do e‑way bill and e‑invoice apply for Hot rolled steel sheets, coated, painted, etc.?

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 Hot rolled steel sheets, coated, painted, etc.?

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

### How much GST applies to Hot rolled steel sheets, coated, painted, etc.?

Under HSN 72112950, Hot rolled steel sheets, coated, painted, etc. attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Hot rolled steel sheets, coated, painted, etc. is sold with other items?

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

### Does packaging or labelling change the GST for Hot rolled steel sheets, coated, painted, etc.?

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.

### Any common misclassification issue with Hot rolled steel sheets, coated, painted, etc.?

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

## India's trade performance: HSN Code 72112950 (FY 2024-25)

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

- Exports: ₹120 Cr (−7.22% YoY) — 0.0033% of India's total exports
- Imports: ₹185 Cr (−0.79% YoY) — 0.0030% of India's total imports
- Trade balance: −₹66 Cr (Deficit); surplus rank #10449 of 12657 HSN codes
- Share of Sub-Chapter 7211: 45.03% of its exports; import side 49.66%
- Rank within Sub-Chapter 7211: #1 of 32 by export value; import-side #1

### Key metrics

- Export CAGR: 0.79% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #2438 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +80.36% in FY 2021-22
- Contribution to Sub-Ch. 7211: 45.03% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72112950

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 | 114.18 | 0.0050% | — | 36.54% | 112.55 | 0.0031% | — | 44.62% | +1.63 | #1870 |
| FY 2019-20 | 81.02 | 0.0037% | −29.04% | 25.69% | 83.93 | 0.0025% | −25.43% | 45.50% | −2.91 | #2263 |
| FY 2020-21 | 92.69 | 0.0043% | +14.40% | 21.58% | 99.09 | 0.0034% | +18.06% | 50.63% | −6.40 | #2159 |
| FY 2021-22 | 167.18 | 0.0053% | +80.36% | 13.43% | 146.43 | 0.0032% | +47.77% | 56.25% | +20.75 | #1825 |
| FY 2022-23 | 147.65 | 0.0041% | −11.68% | 28.46% | 177.10 | 0.0031% | +20.95% | 52.65% | −29.45 | #2070 |
| FY 2023-24 | 129.05 | 0.0036% | −12.60% | 33.52% | 186.78 | 0.0033% | +5.47% | 51.21% | −57.73 | #2273 |
| FY 2024-25 | 119.73 | 0.0033% | −7.22% | 45.03% | 185.31 | 0.0030% | −0.79% | 49.66% | −65.58 | #2438 |

- CAGR (7-year): exports 0.79%/yr, imports 8.67%/yr (consistently Deficit)

## Key trade insights: HSN Code 72112950 export-import analysis

### Consistent export growth: 0.79% CAGR over 7 years

India's exports under HSN Code 72112950 have grown at a compound annual rate of 0.79% over 7 fiscal years, rising from ₹114.18 Crore in FY 2018-19 to ₹119.73 Crore in FY 2024-25.

### HSN Code 72112950 ranked #2438 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72112950 ranks #2438 out of 12657 HSN codes by total export value. Within Sub-Chapter 7211, it ranks #1 of 32. By trade surplus, it ranks #10449 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 72112950 exports

The strongest single-year export movement for HSN Code 72112950 was recorded in FY 2021-22, when exports surged by 80.36% over the prior year.

### India records a trade deficit of ₹65.58 Crore in HSN Code 72112950 goods

In FY 2024-25, India's imports of ₹185.31 Cr exceeded exports of ₹119.73 Cr, resulting in a trade deficit of ₹65.58 Crore — ranking #10449 of 12657 by surplus magnitude.

### Import growth of 8.67% CAGR signals stable import dependency for Hot rolled steel sheets, coated, painted, etc.

India's imports under HSN Code 72112950 have grown at 8.67% CAGR, reaching ₹185.31 Crore in FY 2024-25.

### HSN Code 72112950 contributes 45.03% of Sub-Chapter 7211 exports — ranked #1

Among the 32 HSN codes under Sub-Chapter 7211, HSN Code 72112950 ranks #1 by export value — accounting for 45.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 49.66% share (rank #1).

## 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. (this hsn code) | ₹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 |