HSN Code 72131090: Other Steel with Indentations or Ribs

HSN Code 72131090 represents Other Steel with Indentations or Ribs under GST classification. This code helps businesses identify Other Steel with Indentations or Ribs correctly for billing, taxation, and trade. With HSN Code 72131090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Steel with Indentations or Ribs.

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Description of Goods for HSN Code 72131090

HSN Code 72131090 relates to the following description.

Description of Goods

Containing indentations, ribs, grooves or other deformations produced during the rolling process : Other

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%

What does HSN Code 72131090 not include?

Other Steel with Indentations or Ribs does not include products with the following descriptions.

HSN Code 72131010

Containing indentations, ribs, grooves or other deformations produced during the rolling process : Of free cutting steel

HSN Code 72139110

Other : Of circular cross-section measuring less than 14 mm in diameter : Electrode quality

HSN Code 72139120

Other : Of circular cross-section measuring less than 14 mm in diameter : Cold heading quality

HSN Code 72139190

Other : Of circular cross-section measuring less than 14 mm in diameter : Other

India’s Trade Performance — HSN Code 72131090 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

₹2 Cr

−56.67% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹7 Cr

−3.13% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹4 Cr

Trade Deficit

Surplus rank #8543 of 12657 HSN codes

% of Sub-Chapter 7213

FY 2024-25

0.24%

Share of Sub-Chapter 7213’s total exports in FY 2024-25

Import side: 2.37% of Sub-Chapter 7213’s imports

Rank Within Sub-Chapter 7213

FY 2024-25

#3 of 11

Position by export value among HSN codes in Sub-Chapter 7213

Import-side rank: #5 of 11

At a glance

−28.41%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#7413

National Export Rank

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

+9,010.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.24%

Contribution to Sub-Ch. 7213

Share of Sub-Chapter 7213 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72131090

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 Exp. Rank #4211

Balance

+6.02

Exports

18.35 ₹ Cr

0.0008% share

— YoY

1.53% of Sub-Ch. 7213

Imports

12.33 ₹ Cr

0.0003% share

— YoY

3.11% of Sub-Ch. 7213

FY 2019-20 Exp. Rank #8565

Balance

−6.17

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−98.37% YoY

0.03% of Sub-Ch. 7213

Imports

6.47 ₹ Cr

0.0002% share

−47.53% YoY

2.79% of Sub-Ch. 7213

FY 2020-21 Exp. Rank #3785

Balance

+26.16

Exports

27.33 ₹ Cr

0.0013% share

+9,010.00% YoY

1.60% of Sub-Ch. 7213

Imports

1.17 ₹ Cr

0.0000% share

−81.92% YoY

0.71% of Sub-Ch. 7213

FY 2021-22 Exp. Rank #3577

Balance

+37.05

Exports

42.90 ₹ Cr

0.0014% share

+56.97% YoY

0.77% of Sub-Ch. 7213

Imports

5.85 ₹ Cr

0.0001% share

+400.00% YoY

3.22% of Sub-Ch. 7213

FY 2022-23 Exp. Rank #7433

Balance

−9.42

Exports

2.01 ₹ Cr

0.0001% share

−95.31% YoY

0.17% of Sub-Ch. 7213

Imports

11.43 ₹ Cr

0.0002% share

+95.38% YoY

4.66% of Sub-Ch. 7213

FY 2023-24 Exp. Rank #6427

Balance

−1.34

Exports

5.70 ₹ Cr

0.0002% share

+183.58% YoY

0.43% of Sub-Ch. 7213

Imports

7.04 ₹ Cr

0.0001% share

−38.41% YoY

2.19% of Sub-Ch. 7213

FY 2024-25 Exp. Rank #7413

Balance

−4.35

Exports

2.47 ₹ Cr

0.0001% share

−56.67% YoY

0.24% of Sub-Ch. 7213

Imports

6.82 ₹ Cr

0.0001% share

−3.13% YoY

2.37% of Sub-Ch. 7213

CAGR · 7-Year

Exports

−28.41% /yr

Imports

−9.40% /yr

Consistently Deficit
Sub-Chapter 7213 total

reference, FY 2024-25

Export

₹1,032.54 Cr

Import

₹288.08 Cr

Trade Balance

+744.46

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72131090 Export-Import Analysis

Export Decline: −28.41% CAGR Over 7 Years

India's exports under HSN Code 72131090 have declined at a compound annual rate of −28.41% over 7 fiscal years, falling from ₹18.35 Crore in FY 2018-19 to ₹2.47 Crore in FY 2024-25.

HSN Code 72131090 Ranked #7413 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72131090 ranks #7413 out of 12657 HSN codes by total export value. Within Sub-Chapter 7213, it ranks #3 of 11. By trade surplus, it ranks #8543 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 72131090 Exports

The strongest single-year export movement for HSN Code 72131090 was recorded in FY 2020-21, when exports surged by 9,010.00% over the prior year.

India Records a Trade Deficit of ₹4.35 Crore in HSN Code 72131090 Goods

In FY 2024-25, India's imports of ₹6.82 Cr exceeded exports of ₹2.47 Cr, resulting in a trade deficit of ₹4.35 Crore — ranking #8543 of 12657 by surplus magnitude.

Import Growth of −9.40% CAGR Signals Stable Import Dependency for Other Steel with Indentations or Ribs

India's imports under HSN Code 72131090 have grown at −9.40% CAGR, reaching ₹6.82 Crore in FY 2024-25.

HSN Code 72131090 Contributes 0.24% of Sub-Chapter 7213 Exports — Ranked #3

Among the 11 HSN codes under Sub-Chapter 7213, HSN Code 72131090 ranks #3 by export value — accounting for 0.24% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.37% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72131090 and GST compliance.

What products are classified under HSN 72131090 ?

It includes Other, Of Free-Cutting Steel | Other

How should mixed supplies be billed when Other Steel with Indentations or Ribs is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Steel with Indentations or Ribs; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Other Steel with Indentations or Ribs?

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 much GST applies to Other Steel with Indentations or Ribs?

Under HSN 72131090, Other Steel with Indentations or Ribs attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Other Steel with Indentations or Ribs?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Other Steel with Indentations or Ribs?

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

Do e‑way bill and e‑invoice apply for Other Steel with Indentations or Ribs?

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.

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.