HSN Code 72132090: Other, Of Free-Cutting Steel | Other

HSN Code 72132090 represents Other, Of Free-Cutting Steel | Other under GST classification. This code helps businesses identify Other, Of Free-Cutting Steel | Other correctly for billing, taxation, and trade. With HSN Code 72132090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other, Of Free-Cutting Steel | Other.

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Description of Goods for HSN Code 72132090

HSN Code 72132090 relates to the following description.

Description of Goods

Other, of free-cutting steel : 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 72132090 not include?

Other, Of Free-Cutting Steel | Other 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 72131090

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

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 72132090 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

< ₹1 Crore

−88.84% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

−83.15% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹4 Cr

Trade Deficit

Surplus rank #8455 of 12657 HSN codes

% of Sub-Chapter 7213

FY 2024-25

0.02%

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

Import side: 1.35% of Sub-Chapter 7213’s imports

Rank Within Sub-Chapter 7213

FY 2024-25

#7 of 11

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

Import-side rank: #6 of 11

At a glance

19.24%

Export CAGR

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

#9345

National Export Rank

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

+7,162.50%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.02%

Contribution to Sub-Ch. 7213

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #9301

Balance

−15.60

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 7213

Imports

15.68 ₹ Cr

0.0004% share

— YoY

3.95% of Sub-Ch. 7213

FY 2019-20 Exp. Rank #5673

Balance

−0.44

Exports

5.81 ₹ Cr

0.0003% share

+7,162.50% YoY

0.57% of Sub-Ch. 7213

Imports

6.25 ₹ Cr

0.0002% share

−60.14% YoY

2.70% of Sub-Ch. 7213

FY 2020-21 Exp. Rank #2785

Balance

+47.47

Exports

55.34 ₹ Cr

0.0026% share

+852.50% YoY

3.23% of Sub-Ch. 7213

Imports

7.87 ₹ Cr

0.0003% share

+25.92% YoY

4.81% of Sub-Ch. 7213

FY 2021-22 Exp. Rank #1618

Balance

+199.56

Exports

206.47 ₹ Cr

0.0066% share

+273.09% YoY

3.71% of Sub-Ch. 7213

Imports

6.91 ₹ Cr

0.0002% share

−12.20% YoY

3.81% of Sub-Ch. 7213

FY 2022-23 Exp. Rank #3793

Balance

+15.27

Exports

39.52 ₹ Cr

0.0011% share

−80.86% YoY

3.39% of Sub-Ch. 7213

Imports

24.25 ₹ Cr

0.0004% share

+250.94% YoY

9.88% of Sub-Ch. 7213

FY 2023-24 Exp. Rank #7545

Balance

−21.08

Exports

2.06 ₹ Cr

0.0001% share

−94.79% YoY

0.16% of Sub-Ch. 7213

Imports

23.14 ₹ Cr

0.0004% share

−4.58% YoY

7.21% of Sub-Ch. 7213

FY 2024-25 Exp. Rank #9345

Balance

−3.67

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−88.84% YoY

0.02% of Sub-Ch. 7213

Imports

3.90 ₹ Cr

0.0001% share

−83.15% YoY

1.35% of Sub-Ch. 7213

CAGR · 7-Year

Exports

19.24% /yr

Imports

−20.70% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72132090 and GST compliance.

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.

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.