---
title: "HSN Code for Painted, varnished or coated with plastics | HSN 72124000 GST Rate"
description: "Find HSN and GST Rates for 72124000 related to Painted, varnished or coated with plastics with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72124000/"
---

# HSN Code 72124000: Painted, varnished or coated with plastics

- [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 |
| --- | --- | --- | --- | --- |
| Painted, varnished or coated with plastics | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72124000 ?

It includes Coated steel: Aluminium

### How should mixed supplies be billed when Painted, varnished or coated with plastics is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Painted, varnished or coated with plastics; Nil for exempt items if applicable).

### How much GST applies to Painted, varnished or coated with plastics?

Under HSN 72124000, Painted, varnished or coated with plastics attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Do e‑way bill and e‑invoice apply for Painted, varnished or coated with plastics?

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.

### Any common misclassification issue with Painted, varnished or coated with plastics?

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

### Does packaging or labelling change the GST for Painted, varnished or coated with plastics?

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.

## India's trade performance: HSN Code 72124000 (FY 2024-25)

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

- Exports: ₹102 Cr (+1.79% YoY) — 0.0028% of India's total exports
- Imports: ₹140 Cr (−15.60% YoY) — 0.0023% of India's total imports
- Trade balance: −₹38 Cr (Deficit); surplus rank #10034 of 12657 HSN codes
- Share of Sub-Chapter 7212: 44.52% of its exports; import side 17.60%
- Rank within Sub-Chapter 7212: #1 of 17 by export value; import-side #3

### Key metrics

- Export CAGR: 11.50% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #2641 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +72.49% in FY 2021-22
- Contribution to Sub-Ch. 7212: 44.52% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72124000

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 | 52.99 | 0.0023% | — | 29.76% | 168.52 | 0.0047% | — | 28.73% | −115.53 | #2766 |
| FY 2019-20 | 54.24 | 0.0025% | +2.36% | 27.93% | 114.25 | 0.0034% | −32.20% | 25.38% | −60.01 | #2766 |
| FY 2020-21 | 63.14 | 0.0029% | +16.41% | 34.04% | 114.57 | 0.0039% | +0.28% | 24.02% | −51.43 | #2617 |
| FY 2021-22 | 108.91 | 0.0035% | +72.49% | 22.06% | 163.67 | 0.0036% | +42.86% | 26.62% | −54.76 | #2298 |
| FY 2022-23 | 80.92 | 0.0022% | −25.70% | 33.06% | 193.57 | 0.0034% | +18.27% | 26.00% | −112.65 | #2834 |
| FY 2023-24 | 100.01 | 0.0028% | +23.59% | 40.51% | 165.78 | 0.0030% | −14.36% | 21.44% | −65.77 | #2581 |
| FY 2024-25 | 101.80 | 0.0028% | +1.79% | 44.52% | 139.92 | 0.0023% | −15.60% | 17.60% | −38.12 | #2641 |

- CAGR (7-year): exports 11.50%/yr, imports -3.05%/yr (consistently Deficit)

## Key trade insights: HSN Code 72124000 export-import analysis

### Consistent export growth: 11.50% CAGR over 7 years

India's exports under HSN Code 72124000 have grown at a compound annual rate of 11.50% over 7 fiscal years, rising from ₹52.99 Crore in FY 2018-19 to ₹101.80 Crore in FY 2024-25.

### HSN Code 72124000 ranked #2641 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72124000 ranks #2641 out of 12657 HSN codes by total export value. Within Sub-Chapter 7212, it ranks #1 of 17. By trade surplus, it ranks #10034 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 72124000 exports

The strongest single-year export movement for HSN Code 72124000 was recorded in FY 2021-22, when exports surged by 72.49% over the prior year.

### India records a trade deficit of ₹38.12 Crore in HSN Code 72124000 goods

In FY 2024-25, India's imports of ₹139.92 Cr exceeded exports of ₹101.80 Cr, resulting in a trade deficit of ₹38.12 Crore — ranking #10034 of 12657 by surplus magnitude.

### Import growth of -3.05% CAGR signals stable import dependency for Painted, varnished or coated with plastics

India's imports under HSN Code 72124000 have grown at -3.05% CAGR, reaching ₹139.92 Crore in FY 2024-25.

### HSN Code 72124000 contributes 44.52% of Sub-Chapter 7212 exports — ranked #1

Among the 17 HSN codes under Sub-Chapter 7212, HSN Code 72124000 ranks #1 by export value — accounting for 44.52% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 17.60% share (rank #3).

## 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 (this hsn code) | ₹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](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 |