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HSN Code 72142090: Other Steel Bars and Rods, Ribbed, Deformed or Twisted

HSN Code 72142090 represents Other Steel Bars and Rods, Ribbed, Deformed or Twisted under GST classification. This code helps businesses identify Other Steel Bars and Rods, Ribbed, Deformed or Twisted correctly for billing, taxation, and trade. With HSN Code 72142090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Steel Bars and Rods, Ribbed, Deformed or Twisted.

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Description of Goods for HSN Code 72142090

HSN Code 72142090 relates to the following description.

Description of Goods

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

Chapter

72 - Iron and steel

Sub Chapter

7214 - Other bars and rods of iron or non-alloy steel, not further worked than forged, hotrolled, hot-drawn or hot-extruded, but including those twisted after rolling

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72142090 not include?

Other Steel Bars and Rods, Ribbed, Deformed or Twisted does not include products with the following descriptions.

Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling : Spring steel quality

Other : Of rectangular (other than square) cross-section : Mild steel bright bar

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India’s Trade Performance — HSN Code 72142090 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹392 Cr

+94.31% vs FY 2024-25

0.0100% of India’s total exports

India’s Imports

FY 2025-26

₹391 Cr

−33.40% vs FY 2024-25

0.0057% of India’s total imports

Trade Balance

FY 2025-26

< ₹1 Crore

Trade Surplus

Surplus rank #4939 of 12872 HSN codes

% of Sub-Chapter 7214

FY 2025-26

48.32%

Share of Sub-Chapter 7214’s total exports in FY 2025-26

Import side: 64.94% of Sub-Chapter 7214’s imports

Rank Within Sub-Chapter 7214

FY 2025-26

#1 of 9

Position by export value among HSN codes in Sub-Chapter 7214

Import-side rank: #1 of 9

At a glance

−10.32%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#1300

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+246.01%

Peak Growth Year

FY 2021-22 · strongest single-year move

48.32%

Contribution to Sub-Ch. 7214

Share of Sub-Chapter 7214 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 72142090

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #405

Balance

+19.52

Exports

839.18 ₹ Cr

0.0367% share

— YoY

76.60% of Sub-Ch. 7214

Imports

819.66 ₹ Cr

0.0229% share

— YoY

80.88% of Sub-Ch. 7214

FY 2019-20 Exp. Rank #400

Balance

+53.33

Exports

833.83 ₹ Cr

0.0379% share

−0.64% YoY

69.44% of Sub-Ch. 7214

Imports

780.50 ₹ Cr

0.0233% share

−4.78% YoY

80.86% of Sub-Ch. 7214

FY 2020-21 Exp. Rank #321

Balance

+726.49

Exports

1,096.41 ₹ Cr

0.0510% share

+31.49% YoY

56.97% of Sub-Ch. 7214

Imports

369.92 ₹ Cr

0.0127% share

−52.60% YoY

75.91% of Sub-Ch. 7214

FY 2021-22 Exp. Rank #118

Balance

+3,741.59

Exports

3,793.70 ₹ Cr

0.1209% share

+246.01% YoY

72.13% of Sub-Ch. 7214

Imports

52.11 ₹ Cr

0.0011% share

−85.91% YoY

33.60% of Sub-Ch. 7214

FY 2022-23 Exp. Rank #1535

Balance

+60.87

Exports

242.68 ₹ Cr

0.0067% share

−93.60% YoY

31.33% of Sub-Ch. 7214

Imports

181.81 ₹ Cr

0.0032% share

+248.90% YoY

40.52% of Sub-Ch. 7214

FY 2023-24 Exp. Rank #1582

Balance

−71.32

Exports

242.47 ₹ Cr

0.0067% share

−0.09% YoY

41.17% of Sub-Ch. 7214

Imports

313.79 ₹ Cr

0.0056% share

+72.59% YoY

47.76% of Sub-Ch. 7214

FY 2024-25 Exp. Rank #1842

Balance

−385.81

Exports

201.53 ₹ Cr

0.0055% share

−16.88% YoY

37.79% of Sub-Ch. 7214

Imports

587.34 ₹ Cr

0.0097% share

+87.18% YoY

71.04% of Sub-Ch. 7214

FY 2025-26 Exp. Rank #1300

Balance

+0.41

Exports

391.59 ₹ Cr

0.0100% share

+94.31% YoY

48.32% of Sub-Ch. 7214

Imports

391.18 ₹ Cr

0.0057% share

−33.40% YoY

64.94% of Sub-Ch. 7214

CAGR · 8-Year

Exports

−10.32% /yr

Imports

−10.03% /yr

Consistently Surplus
Sub-Chapter 7214 total

reference, FY 2025-26

Export

₹810.37 Cr

Import

₹602.37 Cr

Trade Balance

+208.00

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72142090 Export-Import Analysis

Export Decline: −10.32% CAGR Over 8 Years

India's exports under HSN Code 72142090 have declined at a compound annual rate of −10.32% over 8 fiscal years, falling from ₹839.18 Crore in FY 2018-19 to ₹391.59 Crore in FY 2025-26.

HSN Code 72142090 Ranked #1300 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72142090 ranks #1300 out of 12872 HSN codes by total export value. Within Sub-Chapter 7214, it ranks #1 of 9. By trade surplus, it ranks #4939 of 12872.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72142090 Exports

The strongest single-year export movement for HSN Code 72142090 was recorded in FY 2021-22, when exports surged by 246.01% over the prior year.

India Maintains a Trade Surplus of ₹0.41 Crore in HSN Code 72142090 Goods

In FY 2025-26, India's exports of ₹391.59 Cr exceeded imports of ₹391.18 Cr, resulting in a trade surplus of ₹0.41 Crore — ranking #4939 of 12872 by surplus magnitude.

Import Growth of −10.03% CAGR Signals Stable Import Dependency for Other Steel Bars and Rods, Ribbed, Deformed or Twisted

India's imports under HSN Code 72142090 have grown at −10.03% CAGR, reaching ₹391.18 Crore in FY 2025-26.

HSN Code 72142090 Contributes 48.32% of Sub-Chapter 7214 Exports — Ranked #1

Among the 9 HSN codes under Sub-Chapter 7214, HSN Code 72142090 ranks #1 by export value — accounting for 48.32% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 64.94% share (rank #1).

Frequently Asked Questions

Clear answers to common queries about HSN Code 72142090 and GST compliance.

What products are classified under HSN 72142090 ?

It includes Rectangular cross-section: Other

Does packaging or labelling change the GST for Other Steel Bars and Rods, Ribbed, Deformed or Twisted?

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 Other Steel Bars and Rods, Ribbed, Deformed or Twisted?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How much GST applies to Other Steel Bars and Rods, Ribbed, Deformed or Twisted?

Under HSN 72142090, Other Steel Bars and Rods, Ribbed, Deformed or Twisted attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Other Steel Bars and Rods, Ribbed, Deformed or Twisted is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Steel Bars and Rods, Ribbed, Deformed or Twisted; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Other Steel Bars and Rods, Ribbed, Deformed or Twisted?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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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.