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HSN Code 72112950: Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More

HSN Code 72112950 represents Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More under GST classification. This code helps businesses identify Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More correctly for billing, taxation, and trade. With HSN Code 72112950, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More.

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Description of Goods for HSN Code 72112950

HSN Code 72112950 relates to the following description.

Description of Goods

Not further worked than cold-rolled (cold-reduced) : Other : Strip

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 72112950 not include?

Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More 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 72112950 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

₹96 Cr

−19.65% vs FY 2024-25

0.0025% of India’s total exports

India’s Imports

FY 2025-26

₹184 Cr

−0.88% vs FY 2024-25

0.0027% of India’s total imports

Trade Balance

FY 2025-26

−₹87 Cr

Trade Deficit

Surplus rank #10738 of 12872 HSN codes

% of Sub-Chapter 7211

FY 2025-26

42.87%

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

Import side: 62.65% of Sub-Chapter 7211’s imports

Rank Within Sub-Chapter 7211

FY 2025-26

#1 of 32

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

Import-side rank: #1 of 32

At a glance

−2.42%

Export CAGR

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

#2877

National Export Rank

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

+80.36%

Peak Growth Year

FY 2021-22 · strongest single-year move

42.87%

Contribution to Sub-Ch. 7211

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

India Export-Import Trade Statistics for HSN Code 72112950

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 #1870

Balance

+1.63

Exports

114.18 ₹ Cr

0.0050% share

— YoY

36.54% of Sub-Ch. 7211

Imports

112.55 ₹ Cr

0.0031% share

— YoY

44.62% of Sub-Ch. 7211

FY 2019-20 Exp. Rank #2263

Balance

−2.91

Exports

81.02 ₹ Cr

0.0037% share

−29.04% YoY

25.69% of Sub-Ch. 7211

Imports

83.93 ₹ Cr

0.0025% share

−25.43% YoY

45.50% of Sub-Ch. 7211

FY 2020-21 Exp. Rank #2159

Balance

−6.40

Exports

92.69 ₹ Cr

0.0043% share

+14.40% YoY

21.58% of Sub-Ch. 7211

Imports

99.09 ₹ Cr

0.0034% share

+18.06% YoY

50.63% of Sub-Ch. 7211

FY 2021-22 Exp. Rank #1825

Balance

+20.75

Exports

167.18 ₹ Cr

0.0053% share

+80.36% YoY

13.43% of Sub-Ch. 7211

Imports

146.43 ₹ Cr

0.0032% share

+47.77% YoY

56.25% of Sub-Ch. 7211

FY 2022-23 Exp. Rank #2070

Balance

−29.45

Exports

147.65 ₹ Cr

0.0041% share

−11.68% YoY

28.46% of Sub-Ch. 7211

Imports

177.10 ₹ Cr

0.0031% share

+20.95% YoY

52.65% of Sub-Ch. 7211

FY 2023-24 Exp. Rank #2273

Balance

−57.73

Exports

129.05 ₹ Cr

0.0036% share

−12.60% YoY

33.52% of Sub-Ch. 7211

Imports

186.78 ₹ Cr

0.0033% share

+5.47% YoY

51.21% of Sub-Ch. 7211

FY 2024-25 Exp. Rank #2438

Balance

−65.58

Exports

119.73 ₹ Cr

0.0033% share

−7.22% YoY

45.03% of Sub-Ch. 7211

Imports

185.31 ₹ Cr

0.0030% share

−0.79% YoY

49.66% of Sub-Ch. 7211

FY 2025-26 Exp. Rank #2877

Balance

−87.48

Exports

96.20 ₹ Cr

0.0025% share

−19.65% YoY

42.87% of Sub-Ch. 7211

Imports

183.68 ₹ Cr

0.0027% share

−0.88% YoY

62.65% of Sub-Ch. 7211

CAGR · 8-Year

Exports

−2.42% /yr

Imports

7.25% /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 72112950 Export-Import Analysis

Export Decline: −2.42% CAGR Over 8 Years

India's exports under HSN Code 72112950 have declined at a compound annual rate of −2.42% over 8 fiscal years, falling from ₹114.18 Crore in FY 2018-19 to ₹96.20 Crore in FY 2025-26.

HSN Code 72112950 Ranked #2877 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72112950 ranks #2877 out of 12872 HSN codes by total export value. Within Sub-Chapter 7211, it ranks #1 of 32. By trade surplus, it ranks #10738 of 12872.

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 ₹87.48 Crore in HSN Code 72112950 Goods

In FY 2025-26, India's imports of ₹183.68 Cr exceeded exports of ₹96.20 Cr, resulting in a trade deficit of ₹87.48 Crore — ranking #10738 of 12872 by surplus magnitude.

Import Growth of 7.25% CAGR Signals Stable Import Dependency for Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More

India's imports under HSN Code 72112950 have grown at 7.25% CAGR, reaching ₹183.68 Crore in FY 2025-26.

HSN Code 72112950 Contributes 42.87% 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 42.87% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 62.65% share (rank #1).

Frequently Asked Questions

Clear answers to common queries about HSN Code 72112950 and GST compliance.

What products are classified under HSN 72112950 ?

It includes Other : Universal plates : Of boiler quality

Do e‑way bill and e‑invoice apply for Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More?

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 Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More?

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 Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More?

Under HSN 72112950, Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More?

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 Cold-Rolled Non-Alloy Steel Strip, Width Below 600 mm, Carbon 0.20% or More?

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.