HSN Code 72112990: Cold-rolled other steel

HSN Code 72112990 represents Cold-rolled other steel under GST classification. This code helps businesses identify Cold-rolled other steel correctly for billing, taxation, and trade. With HSN Code 72112990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cold-rolled other steel.

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Description of Goods for HSN Code 72112990

HSN Code 72112990 relates to the following description.

Description of Goods

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

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 72112990 not include?

Cold-rolled other steel 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

India’s Trade Performance — HSN Code 72112990 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹49 Cr

−27.08% vs FY 2023-24

0.0013% of India’s total exports

India’s Imports

FY 2024-25

₹37 Cr

−28.28% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

₹11 Cr

Trade Surplus

Surplus rank #3235 of 12657 HSN codes

% of Sub-Chapter 7211

FY 2024-25

18.28%

Share of Sub-Chapter 7211’s total exports in FY 2024-25

Import side: 9.96% of Sub-Chapter 7211’s imports

Rank Within Sub-Chapter 7211

FY 2024-25

#2 of 32

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

Import-side rank: #3 of 32

At a glance

60.63%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3668

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+1,367.11%

Peak Growth Year

FY 2022-23 · strongest single-year move

18.28%

Contribution to Sub-Ch. 7211

Share of Sub-Chapter 7211 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72112990

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #6544

Balance

−54.65

Exports

2.83 ₹ Cr

0.0001% share

YoY

0.91% of Sub-Ch. 7211

Imports

57.48 ₹ Cr

0.0016% share

YoY

22.79% of Sub-Ch. 7211

FY 2019-20 Exp. Rank #6763

Balance

−40.69

Exports

2.35 ₹ Cr

0.0001% share

−16.96% YoY

0.75% of Sub-Ch. 7211

Imports

43.04 ₹ Cr

0.0013% share

−25.12% YoY

23.33% of Sub-Ch. 7211

FY 2020-21 Exp. Rank #7225

Balance

−36.28

Exports

1.60 ₹ Cr

0.0001% share

−31.91% YoY

0.37% of Sub-Ch. 7211

Imports

37.88 ₹ Cr

0.0013% share

−11.99% YoY

19.36% of Sub-Ch. 7211

FY 2021-22 Exp. Rank #5977

Balance

−46.24

Exports

6.78 ₹ Cr

0.0002% share

+323.75% YoY

0.54% of Sub-Ch. 7211

Imports

53.02 ₹ Cr

0.0012% share

+39.97% YoY

20.37% of Sub-Ch. 7211

FY 2022-23 Exp. Rank #2541

Balance

+35.53

Exports

99.47 ₹ Cr

0.0027% share

+1,367.11% YoY

19.17% of Sub-Ch. 7211

Imports

63.94 ₹ Cr

0.0011% share

+20.60% YoY

19.01% of Sub-Ch. 7211

FY 2023-24 Exp. Rank #3137

Balance

+14.83

Exports

66.66 ₹ Cr

0.0018% share

−32.98% YoY

17.32% of Sub-Ch. 7211

Imports

51.83 ₹ Cr

0.0009% share

−18.94% YoY

14.21% of Sub-Ch. 7211

FY 2024-25 Exp. Rank #3668

Balance

+11.44

Exports

48.61 ₹ Cr

0.0013% share

−27.08% YoY

18.28% of Sub-Ch. 7211

Imports

37.17 ₹ Cr

0.0006% share

−28.28% YoY

9.96% of Sub-Ch. 7211

CAGR · 7-Year

Exports

60.63% /yr

Imports

−7.01% /yr

Consistently Surplus
Sub-Chapter 7211 total

reference, FY 2024-25

Export

₹265.91 Cr

Import

₹373.15 Cr

Trade Balance

−107.24

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72112990 Export-Import Analysis

Consistent Export Growth: 60.63% CAGR Over 7 Years

India's exports under HSN Code 72112990 have grown at a compound annual rate of 60.63% over 7 fiscal years, rising from ₹2.83 Crore in FY 2018-19 to ₹48.61 Crore in FY 2024-25.

HSN Code 72112990 Ranked #3668 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72112990 ranks #3668 out of 12657 HSN codes by total export value. Within Sub-Chapter 7211, it ranks #2 of 32. By trade surplus, it ranks #3235 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 72112990 Exports

The strongest single-year export movement for HSN Code 72112990 was recorded in FY 2022-23, when exports surged by 1,367.11% over the prior year.

India Maintains a Trade Surplus of ₹11.44 Crore in HSN Code 72112990 Goods

In FY 2024-25, India's exports of ₹48.61 Cr exceeded imports of ₹37.17 Cr, resulting in a trade surplus of ₹11.44 Crore — ranking #3235 of 12657 by surplus magnitude.

Import Growth of −7.01% CAGR Signals Stable Import Dependency for Cold-rolled other steel

India's imports under HSN Code 72112990 have grown at −7.01% CAGR, reaching ₹37.17 Crore in FY 2024-25.

HSN Code 72112990 Contributes 18.28% of Sub-Chapter 7211 Exports — Ranked #2

Among the 32 HSN codes under Sub-Chapter 7211, HSN Code 72112990 ranks #2 by export value — accounting for 18.28% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 9.96% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72112990 and GST compliance.

What products are classified under HSN 72112990 ?

It includes Ship building quality plates

Any common misclassification issue with Cold-rolled other steel?

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 Cold-rolled other steel?

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 Cold-rolled other steel?

Under HSN 72112990, Cold-rolled other steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Cold-rolled other steel is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cold-rolled other steel; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Cold-rolled other steel?

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.

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.