HSN Code 72123099: Zinc coated steel

HSN Code 72123099 represents Zinc coated steel under GST classification. This code helps businesses identify Zinc coated steel correctly for billing, taxation, and trade. With HSN Code 72123099, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Zinc coated steel.

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Description of Goods for HSN Code 72123099

HSN Code 72123099 relates to the following description.

Description of Goods

Otherwise plated or coated with zinc : Other :Other

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 72123099 not include?

Zinc coated steel 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 72123099 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

₹71 Cr

−29.14% vs FY 2023-24

0.0019% of India’s total exports

India’s Imports

FY 2024-25

₹9 Cr

−88.62% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹62 Cr

Trade Surplus

Surplus rank #1991 of 12657 HSN codes

% of Sub-Chapter 7212

FY 2024-25

31.03%

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

Import side: 1.08% of Sub-Chapter 7212’s imports

Rank Within Sub-Chapter 7212

FY 2024-25

#2 of 17

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

Import-side rank: #6 of 17

At a glance

#3134

National Export Rank

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

−29.14%

Peak Growth Year

FY 2024-25 · strongest single-year move

31.03%

Contribution to Sub-Ch. 7212

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

India Export-Import Trade Statistics for 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 2018-19

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7212

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7212

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7212

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7212

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7212

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7212

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7212

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7212

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7212

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7212

FY 2023-24 Exp. Rank #2579

Balance

+24.99

Exports

100.12 ₹ Cr

0.0028% share

— YoY

40.55% of Sub-Ch. 7212

Imports

75.13 ₹ Cr

0.0013% share

— YoY

9.71% of Sub-Ch. 7212

FY 2024-25 Exp. Rank #3134

Balance

+62.40

Exports

70.95 ₹ Cr

0.0019% share

−29.14% YoY

31.03% of Sub-Ch. 7212

Imports

8.55 ₹ Cr

0.0001% share

−88.62% YoY

1.08% of Sub-Ch. 7212

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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72123099 and GST compliance.

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.

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.