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

HSN Code 72123010 represents Otherwise plated or coated with zinc: Corrugated under GST classification. This code helps businesses identify Otherwise plated or coated with zinc: Corrugated correctly for billing, taxation, and trade. With HSN Code 72123010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Otherwise plated or coated with zinc: Corrugated.

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Description of Goods for HSN Code 72123010

HSN Code 72123010 relates to the following description.

Description of Goods

Otherwise plated or coated with zinc : Corrugated

Chapter

72 - Iron and steel

Sub Chapter

7212 - Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, clad, plated or coated

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72123010 not include?

Otherwise plated or coated with zinc: Corrugated does not include products with the following descriptions.

HSN Code 72122090

Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, clad, plated or coated - electrolytically plated or coated with zinc : other

HSN Code 72123090

Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, clad, plated or coated - otherwise plated or coated with zinc : other

India’s Trade Performance — HSN Code 72123010 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

< ₹1 Crore

−92.58% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

+243.59% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7895 of 12657 HSN codes

% of Sub-Chapter 7212

FY 2024-25

0.17%

Share of Sub-Chapter 7212’s total exports in FY 2024-25

Import side: 0.17% of Sub-Chapter 7212’s imports

Rank Within Sub-Chapter 7212

FY 2024-25

#8 of 17

Position by export value among HSN codes in Sub-Chapter 7212

Import-side rank: #10 of 17

At a glance

83.36%

Export CAGR

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

#9046

National Export Rank

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

+1,100.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.17%

Contribution to Sub-Ch. 7212

Share of Sub-Chapter 7212 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #9921

Balance

−0.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 7212

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.03% of Sub-Ch. 7212

FY 2019-20 Exp. Rank #9094

Balance

+0.12

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+1,100.00% YoY

0.06% of Sub-Ch. 7212

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7212

FY 2020-21 Exp. Rank #8780

Balance

+0.22

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+91.67% YoY

0.12% of Sub-Ch. 7212

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7212

FY 2021-22 Exp. Rank #8020

Balance

+0.94

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+317.39% YoY

0.19% of Sub-Ch. 7212

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

0.00% of Sub-Ch. 7212

FY 2022-23 Exp. Rank #8713

Balance

−1.96

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.20% of Sub-Ch. 7212

Imports

2.44 ₹ Cr

0.0000% share

+12,100.00% YoY

0.33% of Sub-Ch. 7212

FY 2023-24 Exp. Rank #6553

Balance

+4.73

Exports

5.12 ₹ Cr

0.0001% share

+966.67% YoY

2.07% of Sub-Ch. 7212

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−84.02% YoY

0.05% of Sub-Ch. 7212

FY 2024-25 Exp. Rank #9046

Balance

−0.96

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−92.58% YoY

0.17% of Sub-Ch. 7212

Imports

1.34 ₹ Cr

0.0000% share

+243.59% YoY

0.17% of Sub-Ch. 7212

CAGR · 7-Year

Exports

83.36% /yr

Imports

42.51% /yr

Consistently Deficit
Sub-Chapter 7212 total

reference, FY 2024-25

Export

₹228.66 Cr

Import

₹794.97 Cr

Trade Balance

−566.31

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72123010 and GST compliance.

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).

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.