HSN Code 72139190: Steel Bars: Circular Cross-Section Under 14 mm Diameter
HSN Code 72139190 represents Steel Bars: Circular Cross-Section Under 14 mm Diameter under GST classification. This code helps businesses identify Steel Bars: Circular Cross-Section Under 14 mm Diameter correctly for billing, taxation, and trade. With HSN Code 72139190, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Steel Bars: Circular Cross-Section Under 14 mm Diameter.
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Description of Goods for HSN Code 72139190
HSN Code 72139190 relates to the following description.
What does HSN Code 72139190 not include?
Steel Bars: Circular Cross-Section Under 14 mm Diameter 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 : 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 : 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 : 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 : Other : Electrode quality
Other : Other : Cold heading quality
Other : Other : Other
India’s Trade Performance — HSN Code 72139190 in FY 2024-25
India’s Exports
FY 2024-25₹309 Cr
0.0084% of India’s total exports
India’s Imports
FY 2024-25₹104 Cr
0.0017% of India’s total imports
Trade Balance
FY 2024-25₹205 Cr
Surplus rank #1134 of 12657 HSN codes
% of Sub-Chapter 7213
FY 2024-2529.94%
Share of Sub-Chapter 7213’s total exports in FY 2024-25
Import side: 36.02% of Sub-Chapter 7213’s imports
Rank Within Sub-Chapter 7213
FY 2024-25#2 of 11
Position by export value among HSN codes in Sub-Chapter 7213
Import-side rank: #1 of 11
At a glance
−6.14%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1404
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+353.99%
Peak Growth Year
FY 2021-22 · strongest single-year move
29.94%
Contribution to Sub-Ch. 7213
Share of Sub-Chapter 7213 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 72139190
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+233.00
Exports
452.14 ₹ Cr
0.0198% share
— YoY
37.79% of Sub-Ch. 7213
Imports
219.14 ₹ Cr
0.0061% share
— YoY
55.24% of Sub-Ch. 7213
Balance
+377.36
Exports
484.38 ₹ Cr
0.0220% share
+7.13% YoY
47.46% of Sub-Ch. 7213
Imports
107.02 ₹ Cr
0.0032% share
−51.16% YoY
46.21% of Sub-Ch. 7213
Balance
+911.05
Exports
963.91 ₹ Cr
0.0448% share
+99.00% YoY
56.33% of Sub-Ch. 7213
Imports
52.86 ₹ Cr
0.0018% share
−50.61% YoY
32.28% of Sub-Ch. 7213
Balance
+4,320.46
Exports
4,376.08 ₹ Cr
0.1394% share
+353.99% YoY
78.69% of Sub-Ch. 7213
Imports
55.62 ₹ Cr
0.0012% share
+5.22% YoY
30.65% of Sub-Ch. 7213
Balance
+589.15
Exports
662.91 ₹ Cr
0.0183% share
−84.85% YoY
56.89% of Sub-Ch. 7213
Imports
73.76 ₹ Cr
0.0013% share
+32.61% YoY
30.05% of Sub-Ch. 7213
Balance
+624.41
Exports
800.77 ₹ Cr
0.0221% share
+20.80% YoY
60.93% of Sub-Ch. 7213
Imports
176.36 ₹ Cr
0.0031% share
+139.10% YoY
54.94% of Sub-Ch. 7213
Balance
+205.35
Exports
309.12 ₹ Cr
0.0084% share
−61.40% YoY
29.94% of Sub-Ch. 7213
Imports
103.77 ₹ Cr
0.0017% share
−41.16% YoY
36.02% of Sub-Ch. 7213
CAGR · 7-Year
Exports
−6.14% /yr
Imports
−11.71% /yr
reference, FY 2024-25
Export
₹1,032.54 Cr
Import
₹288.08 Cr
Trade Balance
+744.46
Key Trade Insights: HSN Code 72139190 Export-Import Analysis
Export Decline: −6.14% CAGR Over 7 Years
India's exports under HSN Code 72139190 have declined at a compound annual rate of −6.14% over 7 fiscal years, falling from ₹452.14 Crore in FY 2018-19 to ₹309.12 Crore in FY 2024-25.
HSN Code 72139190 Ranked #1404 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 72139190 ranks #1404 out of 12657 HSN codes by total export value. Within Sub-Chapter 7213, it ranks #2 of 11. By trade surplus, it ranks #1134 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 72139190 Exports
The strongest single-year export movement for HSN Code 72139190 was recorded in FY 2021-22, when exports surged by 353.99% over the prior year.
India Maintains a Trade Surplus of ₹205.35 Crore in HSN Code 72139190 Goods
In FY 2024-25, India's exports of ₹309.12 Cr exceeded imports of ₹103.77 Cr, resulting in a trade surplus of ₹205.35 Crore — ranking #1134 of 12657 by surplus magnitude.
Import Growth of −11.71% CAGR Signals Stable Import Dependency for Steel Bars: Circular Cross-Section Under 14 mm Diameter
India's imports under HSN Code 72139190 have grown at −11.71% CAGR, reaching ₹103.77 Crore in FY 2024-25.
HSN Code 72139190 Contributes 29.94% of Sub-Chapter 7213 Exports — Ranked #2
Among the 11 HSN codes under Sub-Chapter 7213, HSN Code 72139190 ranks #2 by export value — accounting for 29.94% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 36.02% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 72139190 and GST compliance.
What products are classified under HSN 72139190 ?
It includes Other : Other : Other
Do e‑way bill and e‑invoice apply for Steel Bars: Circular Cross-Section Under 14 mm Diameter?
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.
Can we claim ITC on inputs used to trade Steel Bars: Circular Cross-Section Under 14 mm Diameter?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
How should mixed supplies be billed when Steel Bars: Circular Cross-Section Under 14 mm Diameter is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Steel Bars: Circular Cross-Section Under 14 mm Diameter; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Steel Bars: Circular Cross-Section Under 14 mm Diameter?
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 Steel Bars: Circular Cross-Section Under 14 mm Diameter?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.