--- title: "HSN Code for Other, Of Free-Cutting Steel | Other | HSN 72132090 GST Rate" description: "Find HSN and GST Rates for 72132090 related to Other, Of Free-Cutting Steel | Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72132090/" --- # HSN Code 72132090: Other, Of Free-Cutting Steel | Other - [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 7213: Wood pulp products](https://busy.in/hsn/sub-chapter-7213/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other, of free-cutting steel : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72132090 ? It includes Steel Bars: Circular Cross-Section Under 14 mm Diameter ### How should mixed supplies be billed when Other, Of Free-Cutting Steel / Other is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other, Of Free-Cutting Steel / Other; Nil for exempt items if applicable). ### How much GST applies to Other, Of Free-Cutting Steel / Other? Under HSN 72132090, Other, Of Free-Cutting Steel / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Other, Of Free-Cutting Steel / Other? 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. ### Do e‑way bill and e‑invoice apply for Other, Of Free-Cutting Steel / Other? 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 Other, Of Free-Cutting Steel / Other? 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 72132090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−88.84% YoY) — 0.0000% of India's total exports - Imports: ₹4 Cr (−83.15% YoY) — 0.0001% of India's total imports - Trade balance: −₹4 Cr (Deficit); surplus rank #8455 of 12657 HSN codes - Share of Sub-Chapter 7213: 0.02% of its exports; import side 1.35% - Rank within Sub-Chapter 7213: #7 of 11 by export value; import-side #6 ### Key metrics - Export CAGR: 19.24% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9345 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +7,162.50% in FY 2019-20 - Contribution to Sub-Ch. 7213: 0.02% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72132090 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. 7213 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7213 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.01% | 15.68 | 0.0004% | — | 3.95% | −15.60 | #9301 | | FY 2019-20 | 5.81 | 0.0003% | +7,162.50% | 0.57% | 6.25 | 0.0002% | −60.14% | 2.70% | −0.44 | #5673 | | FY 2020-21 | 55.34 | 0.0026% | +852.50% | 3.23% | 7.87 | 0.0003% | +25.92% | 4.81% | +47.47 | #2785 | | FY 2021-22 | 206.47 | 0.0066% | +273.09% | 3.71% | 6.91 | 0.0002% | −12.20% | 3.81% | +199.56 | #1618 | | FY 2022-23 | 39.52 | 0.0011% | −80.86% | 3.39% | 24.25 | 0.0004% | +250.94% | 9.88% | +15.27 | #3793 | | FY 2023-24 | 2.06 | 0.0001% | −94.79% | 0.16% | 23.14 | 0.0004% | −4.58% | 7.21% | −21.08 | #7545 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −88.84% | 0.02% | 3.90 | 0.0001% | −83.15% | 1.35% | −3.67 | #9345 | - CAGR (7-year): exports 19.24%/yr, imports -20.70%/yr (consistently Deficit) ## Key trade insights: HSN Code 72132090 export-import analysis ### Consistent export growth: 19.24% CAGR over 7 years India's exports under HSN Code 72132090 have grown at a compound annual rate of 19.24% over 7 fiscal years, rising from ₹0.08 Crore in FY 2018-19 to ₹0.23 Crore in FY 2024-25. ### HSN Code 72132090 ranked #9345 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72132090 ranks #9345 out of 12657 HSN codes by total export value. Within Sub-Chapter 7213, it ranks #7 of 11. By trade surplus, it ranks #8455 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 72132090 exports The strongest single-year export movement for HSN Code 72132090 was recorded in FY 2019-20, when exports surged by 7,162.50% over the prior year. ### India records a trade deficit of ₹3.67 Crore in HSN Code 72132090 goods In FY 2024-25, India's imports of ₹3.90 Cr exceeded exports of ₹0.23 Cr, resulting in a trade deficit of ₹3.67 Crore — ranking #8455 of 12657 by surplus magnitude. ### Import growth of -20.70% CAGR signals stable import dependency for Other, Of Free-Cutting Steel | Other India's imports under HSN Code 72132090 have grown at -20.70% CAGR, reaching ₹3.90 Crore in FY 2024-25. ### HSN Code 72132090 contributes 0.02% of Sub-Chapter 7213 exports — ranked #7 Among the 11 HSN codes under Sub-Chapter 7213, HSN Code 72132090 ranks #7 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.35% share (rank #6). ## Related HSN Codes in Sub-Chapter 7213 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72139110: Electrode Quality Wire (<14mm Diameter)](https://busy.in/hsn/hsn-72139110/) | ₹719 Cr | | #2 | [HSN Code 72139190: Steel Bars: Circular Cross-Section Under 14 mm Diameter](https://busy.in/hsn/hsn-72139190/) | ₹309 Cr | | #3 | [HSN Code 72131090: Other Steel with Indentations or Ribs](https://busy.in/hsn/hsn-72131090/) | ₹2 Cr | | #4 | [HSN Code 72131010: Free Cutting Steel with Indentations or Ribs](https://busy.in/hsn/hsn-72131010/) | < ₹1 Crore | | #5 | [HSN Code 72139990: Other : Other : Other](https://busy.in/hsn/hsn-72139990/) | < ₹1 Crore | | #6 | [HSN Code 72132020: Cold heading quality steel](https://busy.in/hsn/hsn-72132020/) | < ₹1 Crore | | #7 | HSN Code 72132090: Other, Of Free-Cutting Steel \| Other (this hsn code) | < ₹1 Crore | | #8 | [HSN Code 72139120: Cold Heading Quality Wire (<14mm Diameter)](https://busy.in/hsn/hsn-72139120/) | < ₹1 Crore | | #8 | [HSN Code 72139910: Other \| Other \| Electrode Quality](https://busy.in/hsn/hsn-72139910/) | < ₹1 Crore | | #10 | [HSN Code 72139920: Other : Other : Cold heading quality](https://busy.in/hsn/hsn-72139920/) | < ₹1 Crore |