--- title: "HSN Code for Zinc coated steel | HSN 72123099 GST Rate" description: "Find HSN and GST Rates for 72123099 related to Zinc coated steel with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72123099/" --- # HSN Code 72123099: Zinc coated steel - [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 : Other :Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72123099 ? It includes Otherwise Plated Or Coated | Lacquered ### Can we claim ITC on inputs used to trade Zinc coated steel? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Zinc coated 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. ### How should mixed supplies be billed when Zinc coated steel is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Zinc coated steel; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Zinc coated 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 Zinc coated steel? Under HSN 72123099, Zinc coated steel attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Zinc coated steel? 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 72123099 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹71 Cr (−29.14% YoY) — 0.0019% of India's total exports - Imports: ₹9 Cr (−88.62% YoY) — 0.0001% of India's total imports - Trade balance: ₹62 Cr (Surplus); surplus rank #1991 of 12657 HSN codes - Share of Sub-Chapter 7212: 31.03% of its exports; import side 1.08% - Rank within Sub-Chapter 7212: #2 of 17 by export value; import-side #6 ### Key metrics - National export rank: #3134 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: −29.14% in FY 2024-25 - Contribution to Sub-Ch. 7212: 31.03% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72123099 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 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2022-23 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2023-24 | 100.12 | 0.0028% | — | 40.55% | 75.13 | 0.0013% | — | 9.71% | +24.99 | #2579 | | FY 2024-25 | 70.95 | 0.0019% | −29.14% | 31.03% | 8.55 | 0.0001% | −88.62% | 1.08% | +62.40 | #3134 | ## Key trade insights: HSN Code 72123099 export-import analysis ### Export snapshot for HSN Code 72123099 India exported ₹70.95 Crore worth of Zinc coated steel in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 72123099 ranked #3134 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72123099 ranks #3134 out of 12657 HSN codes by total export value. Within Sub-Chapter 7212, it ranks #2 of 17. By trade surplus, it ranks #1991 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 72123099 exports The strongest single-year export movement for HSN Code 72123099 was recorded in FY 2024-25, when exports declined by 29.14% over the prior year. ### India maintains a trade surplus of ₹62.40 Crore in HSN Code 72123099 goods In FY 2024-25, India's exports of ₹70.95 Cr exceeded imports of ₹8.55 Cr, resulting in a trade surplus of ₹62.40 Crore — ranking #1991 of 12657 by surplus magnitude. ### HSN Code 72123099 contributes 31.03% of Sub-Chapter 7212 exports — ranked #2 Among the 17 HSN codes under Sub-Chapter 7212, HSN Code 72123099 ranks #2 by export value — accounting for 31.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.08% share (rank #6). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-72123010/) | < ₹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 |