---
title: "HSN Code for Otherwise plated or coated with zinc: Corrugated | HSN 72123010 GST Rate"
description: "Find HSN and GST Rates for 72123010 related to Otherwise plated or coated with zinc: Corrugated with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72123010/"
---

# HSN Code 72123010: Otherwise plated or coated with zinc: Corrugated

- [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 7212: Flat Iron & Steel](https://busy.in/hsn/sub-chapter-7212/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Otherwise plated or coated with zinc : Corrugated | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72123010 ?

It includes Painted, varnished or coated with plastics

### Does packaging or labelling change the GST for Otherwise plated or coated with zinc: Corrugated?

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 Otherwise plated or coated with zinc: Corrugated?

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 Otherwise plated or coated with zinc: Corrugated?

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

### How much GST applies to Otherwise plated or coated with zinc: Corrugated?

Under HSN 72123010, Otherwise plated or coated with zinc: Corrugated attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Otherwise plated or coated with zinc: Corrugated is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Otherwise plated or coated with zinc: Corrugated; Nil for exempt items if applicable).

## India's trade performance: HSN Code 72123010 (FY 2024-25)

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

- Exports: < ₹1 Crore (−92.58% YoY) — 0.0000% of India's total exports
- Imports: ₹1 Cr (+243.59% YoY) — 0.0000% of India's total imports
- Trade balance: −< ₹1 Crore (Deficit); surplus rank #7895 of 12657 HSN codes
- Share of Sub-Chapter 7212: 0.17% of its exports; import side 0.17%
- Rank within Sub-Chapter 7212: #8 of 17 by export value; import-side #10

### Key metrics

- Export CAGR: 83.36% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #9046 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +1,100.00% in FY 2019-20
- Contribution to Sub-Ch. 7212: 0.17% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72123010

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. 7212 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7212 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.01% | < ₹1 Crore | 0.0000% | — | 0.03% | −0.15 | #9921 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | +1,100.00% | 0.06% | Nil | 0.0000% | −100.00% | 0.00% | +0.12 | #9094 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | +91.67% | 0.12% | < ₹1 Crore | 0.0000% | — | 0.00% | +0.22 | #8780 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | +317.39% | 0.19% | < ₹1 Crore | 0.0000% | +100.00% | 0.00% | +0.94 | #8020 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −50.00% | 0.20% | 2.44 | 0.0000% | +12,100.00% | 0.33% | −1.96 | #8713 |
| FY 2023-24 | 5.12 | 0.0001% | +966.67% | 2.07% | < ₹1 Crore | 0.0000% | −84.02% | 0.05% | +4.73 | #6553 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −92.58% | 0.17% | 1.34 | 0.0000% | +243.59% | 0.17% | −0.96 | #9046 |

- CAGR (7-year): exports 83.36%/yr, imports 42.51%/yr (consistently Deficit)

## Key trade insights: HSN Code 72123010 export-import analysis

### Consistent export growth: 83.36% CAGR over 7 years

India's exports under HSN Code 72123010 have grown at a compound annual rate of 83.36% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.38 Crore in FY 2024-25.

### HSN Code 72123010 ranked #9046 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72123010 ranks #9046 out of 12657 HSN codes by total export value. Within Sub-Chapter 7212, it ranks #8 of 17. By trade surplus, it ranks #7895 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 72123010 exports

The strongest single-year export movement for HSN Code 72123010 was recorded in FY 2019-20, when exports surged by 1,100.00% over the prior year.

### India records a trade deficit of ₹0.96 Crore in HSN Code 72123010 goods

In FY 2024-25, India's imports of ₹1.34 Cr exceeded exports of ₹0.38 Cr, resulting in a trade deficit of ₹0.96 Crore — ranking #7895 of 12657 by surplus magnitude.

### Import growth of 42.51% CAGR signals rising demand for Otherwise plated or coated with zinc: Corrugated

India's imports under HSN Code 72123010 have grown at 42.51% CAGR, reaching ₹1.34 Crore in FY 2024-25.

### HSN Code 72123010 contributes 0.17% of Sub-Chapter 7212 exports — ranked #8

Among the 17 HSN codes under Sub-Chapter 7212, HSN Code 72123010 ranks #8 by export value — accounting for 0.17% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.17% share (rank #10).

## Related HSN Codes in Sub-Chapter 7212

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 72124000: Painted, varnished or coated with plastics](https://busy.in/hsn/hsn-72124000/) | ₹102 Cr |
| #2 | [HSN Code 72123099: Zinc coated steel](https://busy.in/hsn/hsn-72123099/) | ₹71 Cr |
| #3 | [HSN Code 72126000: Clad Steel](https://busy.in/hsn/hsn-72126000/) | ₹29 Cr |
| #4 | [HSN Code 72125090: Otherwise Plated Or Coated \| Other](https://busy.in/hsn/hsn-72125090/) | ₹11 Cr |
| #5 | [HSN Code 72122099: Electrolytically plated or coated with zinc](https://busy.in/hsn/hsn-72122099/) | ₹7 Cr |
| #6 | [HSN Code 72123091: Otherwise plated with zinc: Galvannealed](https://busy.in/hsn/hsn-72123091/) | ₹6 Cr |
| #7 | [HSN Code 72121090: Plated or coated with tin : Other](https://busy.in/hsn/hsn-72121090/) | ₹1 Cr |
| #8 | HSN Code 72123010: Otherwise plated or coated with zinc: Corrugated (this hsn code) | < ₹1 Crore |
| #9 | [HSN Code 72125010: Lead plated or coated sheets](https://busy.in/hsn/hsn-72125010/) | < ₹1 Crore |
| #10 | [HSN Code 72121010: Plated/coated with tin: OTS, MR type](https://busy.in/hsn/hsn-72121010/) | < ₹1 Crore |