HSN Code 72131010 represents Hot-Rolled Free-Cutting Steel Bars and Rods in Coils, With Ribs or Deformations under GST classification. This code helps businesses identify Hot-Rolled Free-Cutting Steel Bars and Rods in Coils, With Ribs or Deformations correctly for billing, taxation, and trade. With HSN Code 72131010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-Rolled Free-Cutting Steel Bars and Rods in Coils, With Ribs or Deformations.
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HSN Code 72131010 relates to the following description.
Description of Goods
Containing indentations, ribs, grooves or other deformations produced during the rolling process : Of free cutting steel
Chapter
72 - Iron and steel
Sub Chapter
7213 - Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Hot-Rolled Free-Cutting Steel Bars and Rods in Coils, With Ribs or Deformations does not include products with the following descriptions.
Containing indentations, ribs, grooves or other deformations produced during the rolling process : Other
Other, of free-cutting steel : Electrode quality
Other, of free-cutting steel : Cold heading quality
Other, of free-cutting steel : Other
Other : Of circular cross-section measuring less than 14 mm in diameter : Electrode quality
Other : Of circular cross-section measuring less than 14 mm in diameter : Cold heading quality
Other : Of circular cross-section measuring less than 14 mm in diameter : Other
Other : Other : Electrode quality
Other : Other : Cold heading quality
Other : Other : Other
Containing indentations, ribs, grooves or other deformations produced during the rolling process : Other
Other, of free-cutting steel : Electrode quality
Other, of free-cutting steel : Cold heading quality
Other, of free-cutting steel : Other
Other : Of circular cross-section measuring less than 14 mm in diameter : Electrode quality
Other : Of circular cross-section measuring less than 14 mm in diameter : Cold heading quality
Other : Of circular cross-section measuring less than 14 mm in diameter : Other
Other : Other : Electrode quality
Other : Other : Cold heading quality
Other : Other : Other
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2025-26< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2025-26< ₹1 Crore
Surplus rank #4788 of 12872 HSN codes
% of Sub-Chapter 7213
FY 2025-260.05%
Share of Sub-Chapter 7213’s total exports in FY 2025-26
Import side: 0.00% of Sub-Chapter 7213’s imports
Rank Within Sub-Chapter 7213
FY 2025-26#6 of 11
Position by export value among HSN codes in Sub-Chapter 7213
Import-side rank: #9 of 11
At a glance
23.57%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#8715
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+86.14%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.05%
Contribution to Sub-Ch. 7213
Share of Sub-Chapter 7213 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−5.04
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 7213
Imports
5.19 ₹ Cr
0.0001% share
— YoY
1.31% of Sub-Ch. 7213
Balance
−1.39
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−93.33% YoY
0.00% of Sub-Ch. 7213
Imports
1.40 ₹ Cr
0.0000% share
−73.03% YoY
0.60% of Sub-Ch. 7213
Balance
−0.80
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7213
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−42.86% YoY
0.49% of Sub-Ch. 7213
Balance
+3.29
Exports
4.40 ₹ Cr
0.0001% share
— YoY
0.08% of Sub-Ch. 7213
Imports
1.11 ₹ Cr
0.0000% share
+38.75% YoY
0.61% of Sub-Ch. 7213
Balance
+8.19
Exports
8.19 ₹ Cr
0.0002% share
+86.14% YoY
0.70% of Sub-Ch. 7213
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7213
Balance
+2.49
Exports
2.51 ₹ Cr
0.0001% share
−69.35% YoY
0.19% of Sub-Ch. 7213
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 7213
Balance
+0.18
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−75.70% YoY
0.06% of Sub-Ch. 7213
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+2,050.00% YoY
0.15% of Sub-Ch. 7213
Balance
+0.65
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+8.20% YoY
0.05% of Sub-Ch. 7213
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−97.67% YoY
0.00% of Sub-Ch. 7213
CAGR · 8-Year
Exports
23.57% /yr
Imports
−59.06% /yr
reference, FY 2025-26
Export
₹1,212.05 Cr
Import
₹352.12 Cr
Trade Balance
+859.93
India's exports under HSN Code 72131010 have grown at a compound annual rate of 23.57% over 8 fiscal years, rising from ₹0.15 Crore in FY 2018-19 to ₹0.66 Crore in FY 2025-26.
In FY 2025-26, HSN Code 72131010 ranks #8715 out of 12872 HSN codes by total export value. Within Sub-Chapter 7213, it ranks #6 of 11. By trade surplus, it ranks #4788 of 12872.
The strongest single-year export movement for HSN Code 72131010 was recorded in FY 2022-23, when exports surged by 86.14% over the prior year.
In FY 2025-26, India's exports of ₹0.66 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹0.65 Crore — ranking #4788 of 12872 by surplus magnitude.
India's imports under HSN Code 72131010 have grown at −59.06% CAGR, reaching ₹0.01 Crore in FY 2025-26.
Among the 11 HSN codes under Sub-Chapter 7213, HSN Code 72131010 ranks #6 by export value — accounting for 0.05% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.00% share (rank #9).
Clear answers to common queries about HSN Code 72131010 and GST compliance.
It includes Cold heading quality steel
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hot-Rolled Free-Cutting Steel Bars and Rods in Coils, With Ribs or Deformations; Nil for exempt items if applicable).
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 72131010, Hot-Rolled Free-Cutting Steel Bars and Rods in Coils, With Ribs or Deformations attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.