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.

Description of Goods

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

India’s Trade Performance — HSN Code 72139190 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

₹309 Cr

−61.40% vs FY 2023-24

0.0084% of India’s total exports

India’s Imports

FY 2024-25

₹104 Cr

−41.16% vs FY 2023-24

0.0017% of India’s total imports

Trade Balance

FY 2024-25

₹205 Cr

Trade Surplus

Surplus rank #1134 of 12657 HSN codes

% of Sub-Chapter 7213

FY 2024-25

29.94%

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.

FY 2018-19 Exp. Rank #713

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

FY 2019-20 Exp. Rank #660

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

FY 2020-21 Exp. Rank #372

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

FY 2021-22 Exp. Rank #102

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

FY 2022-23 Exp. Rank #727

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

FY 2023-24 Exp. Rank #617

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

FY 2024-25 Exp. Rank #1404

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

Consistently Surplus
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 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.

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.