HSN Code 72132020: Cold heading quality steel
HSN Code 72132020 represents Cold heading quality steel under GST classification. This code helps businesses identify Cold heading quality steel correctly for billing, taxation, and trade. With HSN Code 72132020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cold heading quality steel.
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Description of Goods for HSN Code 72132020
HSN Code 72132020 relates to the following description.
What does HSN Code 72132020 not include?
Cold heading quality steel does not include products with the following descriptions.
Containing indentations, ribs, grooves or other deformations produced during the rolling process : Of free cutting steel
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 : 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 : Of free cutting steel
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 : 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
India’s Trade Performance — HSN Code 72132020 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #5005 of 12657 HSN codes
% of Sub-Chapter 7213
FY 2024-250.03%
Share of Sub-Chapter 7213’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 7213’s imports
Rank Within Sub-Chapter 7213
FY 2024-25#6 of 11
Position by export value among HSN codes in Sub-Chapter 7213
At a glance
#9258
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+195.00%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.03%
Contribution to Sub-Ch. 7213
Share of Sub-Chapter 7213 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 72132020
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.67
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7213
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.17% of Sub-Ch. 7213
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7213
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7213
Balance
+0.46
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.03% of Sub-Ch. 7213
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.05% of Sub-Ch. 7213
Balance
+0.20
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−62.96% YoY
0.00% of Sub-Ch. 7213
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7213
Balance
+0.59
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+195.00% YoY
0.05% of Sub-Ch. 7213
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7213
Balance
+0.15
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−74.58% YoY
0.01% of Sub-Ch. 7213
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7213
Balance
+0.27
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+80.00% YoY
0.03% of Sub-Ch. 7213
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7213
reference, FY 2024-25
Export
₹1,032.54 Cr
Import
₹288.08 Cr
Trade Balance
+744.46
Key Trade Insights: HSN Code 72132020 Export-Import Analysis
Export Snapshot for HSN Code 72132020
India exported ₹0.27 Crore worth of Cold heading quality steel in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
HSN Code 72132020 Ranked #9258 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 72132020 ranks #9258 out of 12657 HSN codes by total export value. Within Sub-Chapter 7213, it ranks #6 of 11. By trade surplus, it ranks #5005 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 72132020 Exports
The strongest single-year export movement for HSN Code 72132020 was recorded in FY 2022-23, when exports surged by 195.00% over the prior year.
India Maintains a Trade Surplus of ₹0.27 Crore in HSN Code 72132020 Goods
In FY 2024-25, India's exports of ₹0.27 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.27 Crore — ranking #5005 of 12657 by surplus magnitude.
HSN Code 72132020 Contributes 0.03% of Sub-Chapter 7213 Exports — Ranked #6
Among the 11 HSN codes under Sub-Chapter 7213, HSN Code 72132020 ranks #6 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.
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Frequently Asked Questions
Clear answers to common queries about HSN Code 72132020 and GST compliance.
What products are classified under HSN 72132020 ?
It includes Cold Heading Quality Wire (<14mm Diameter)
How much GST applies to Cold heading quality steel?
Under HSN 72132020, Cold heading quality steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Can we claim ITC on inputs used to trade Cold heading quality 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 Cold heading quality 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.
Any common misclassification issue with Cold heading quality steel?
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 Cold heading quality 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 Cold heading quality steel is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cold heading quality steel; Nil for exempt items if applicable).