--- title: "HSN Code for Clad Steel | HSN 72126000 GST Rate" description: "Find HSN and GST Rates for 72126000 related to Clad Steel with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72126000/" --- # HSN Code 72126000: Clad 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 | | --- | --- | --- | --- | --- | | Clad | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72126000 ? It includes Other, of free-cutting steel : Electrode quality ### How much GST applies to Clad Steel? Under HSN 72126000, Clad Steel attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Clad 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. ### Can we claim ITC on inputs used to trade Clad Steel? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Clad 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 should mixed supplies be billed when Clad Steel is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Clad Steel; Nil for exempt items if applicable). ### Any common misclassification issue with Clad 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 72126000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹29 Cr (+55.29% YoY) — 0.0008% of India's total exports - Imports: ₹235 Cr (+36.65% YoY) — 0.0039% of India's total imports - Trade balance: −₹207 Cr (Deficit); surplus rank #11336 of 12657 HSN codes - Share of Sub-Chapter 7212: 12.52% of its exports; import side 29.62% - Rank within Sub-Chapter 7212: #3 of 17 by export value; import-side #2 ### Key metrics - Export CAGR: 39.70% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4396 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +142.53% in FY 2021-22 - Contribution to Sub-Ch. 7212: 12.52% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72126000 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 | 3.85 | 0.0002% | — | 2.16% | 79.64 | 0.0022% | — | 13.58% | −75.79 | #6181 | | FY 2019-20 | 1.65 | 0.0001% | −57.14% | 0.85% | 67.88 | 0.0020% | −14.77% | 15.08% | −66.23 | #7118 | | FY 2020-21 | 1.74 | 0.0001% | +5.45% | 0.94% | 73.44 | 0.0025% | +8.19% | 15.39% | −71.70 | #7133 | | FY 2021-22 | 4.22 | 0.0001% | +142.53% | 0.85% | 111.26 | 0.0024% | +51.50% | 18.10% | −107.04 | #6566 | | FY 2022-23 | 8.50 | 0.0002% | +101.42% | 3.47% | 151.60 | 0.0026% | +36.26% | 20.36% | −143.10 | #5838 | | FY 2023-24 | 18.43 | 0.0005% | +116.82% | 7.47% | 172.29 | 0.0031% | +13.65% | 22.28% | −153.86 | #4885 | | FY 2024-25 | 28.62 | 0.0008% | +55.29% | 12.52% | 235.43 | 0.0039% | +36.65% | 29.62% | −206.81 | #4396 | - CAGR (7-year): exports 39.70%/yr, imports 19.80%/yr (consistently Deficit) ## Key trade insights: HSN Code 72126000 export-import analysis ### Consistent export growth: 39.70% CAGR over 7 years India's exports under HSN Code 72126000 have grown at a compound annual rate of 39.70% over 7 fiscal years, rising from ₹3.85 Crore in FY 2018-19 to ₹28.62 Crore in FY 2024-25. ### HSN Code 72126000 ranked #4396 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72126000 ranks #4396 out of 12657 HSN codes by total export value. Within Sub-Chapter 7212, it ranks #3 of 17. By trade surplus, it ranks #11336 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72126000 exports The strongest single-year export movement for HSN Code 72126000 was recorded in FY 2021-22, when exports surged by 142.53% over the prior year. ### India records a trade deficit of ₹206.81 Crore in HSN Code 72126000 goods In FY 2024-25, India's imports of ₹235.43 Cr exceeded exports of ₹28.62 Cr, resulting in a trade deficit of ₹206.81 Crore — ranking #11336 of 12657 by surplus magnitude. ### Import growth of 19.80% CAGR signals rising demand for Clad Steel India's imports under HSN Code 72126000 have grown at 19.80% CAGR, reaching ₹235.43 Crore in FY 2024-25. ### HSN Code 72126000 contributes 12.52% of Sub-Chapter 7212 exports — ranked #3 Among the 17 HSN codes under Sub-Chapter 7212, HSN Code 72126000 ranks #3 by export value — accounting for 12.52% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 29.62% share (rank #2). ## 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 (this hsn code) | ₹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 |