--- title: "HSN Code for Rectangular cross-section: Other | HSN 72149190 GST Rate" description: "Find HSN and GST Rates for 72149190 related to Rectangular cross-section: Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72149190/" --- # HSN Code 72149190: Rectangular cross-section: 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 7214: Iron or steel rods and bars](https://busy.in/hsn/sub-chapter-7214/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Of rectangular (other than square) cross-section : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72149190 ? It includes Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished ### Can we claim ITC on inputs used to trade Rectangular cross-section: Other? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Rectangular cross-section: Other? 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 Rectangular cross-section: Other? Under HSN 72149190, Rectangular cross-section: Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Rectangular cross-section: Other is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rectangular cross-section: Other; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Rectangular cross-section: 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. ### Does packaging or labelling change the GST for Rectangular cross-section: 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. ## India's trade performance: HSN Code 72149190 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹68 Cr (+51.34% YoY) — 0.0018% of India's total exports - Imports: ₹1 Cr (+331.03% YoY) — 0.0000% of India's total imports - Trade balance: ₹66 Cr (Surplus); surplus rank #1932 of 12657 HSN codes - Share of Sub-Chapter 7214: 12.67% of its exports; import side 0.15% - Rank within Sub-Chapter 7214: #4 of 9 by export value; import-side #4 ### Key metrics - Export CAGR: 20.08% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3202 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +282.28% in FY 2020-21 - Contribution to Sub-Ch. 7214: 12.67% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72149190 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. 7214 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7214 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 22.54 | 0.0010% | — | 2.06% | 2.89 | 0.0001% | — | 0.29% | +19.65 | #3944 | | FY 2019-20 | 35.90 | 0.0016% | +59.27% | 2.99% | 1.69 | 0.0001% | −41.52% | 0.18% | +34.21 | #3347 | | FY 2020-21 | 137.24 | 0.0064% | +282.28% | 7.13% | < ₹1 Crore | 0.0000% | −53.85% | 0.16% | +136.46 | #1746 | | FY 2021-22 | 409.23 | 0.0130% | +198.19% | 7.78% | < ₹1 Crore | 0.0000% | −73.08% | 0.14% | +409.02 | #1011 | | FY 2022-23 | 91.78 | 0.0025% | −77.57% | 11.85% | 75.29 | 0.0013% | +35,752.38% | 16.78% | +16.49 | #2650 | | FY 2023-24 | 44.64 | 0.0012% | −51.36% | 7.58% | < ₹1 Crore | 0.0000% | −99.61% | 0.04% | +44.35 | #3699 | | FY 2024-25 | 67.56 | 0.0018% | +51.34% | 12.67% | 1.25 | 0.0000% | +331.03% | 0.15% | +66.31 | #3202 | - CAGR (7-year): exports 20.08%/yr, imports -13.04%/yr (consistently Surplus) ## Key trade insights: HSN Code 72149190 export-import analysis ### Consistent export growth: 20.08% CAGR over 7 years India's exports under HSN Code 72149190 have grown at a compound annual rate of 20.08% over 7 fiscal years, rising from ₹22.54 Crore in FY 2018-19 to ₹67.56 Crore in FY 2024-25. ### HSN Code 72149190 ranked #3202 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72149190 ranks #3202 out of 12657 HSN codes by total export value. Within Sub-Chapter 7214, it ranks #4 of 9. By trade surplus, it ranks #1932 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 72149190 exports The strongest single-year export movement for HSN Code 72149190 was recorded in FY 2020-21, when exports surged by 282.28% over the prior year. ### India maintains a trade surplus of ₹66.31 Crore in HSN Code 72149190 goods In FY 2024-25, India's exports of ₹67.56 Cr exceeded imports of ₹1.25 Cr, resulting in a trade surplus of ₹66.31 Crore — ranking #1932 of 12657 by surplus magnitude. ### Import growth of -13.04% CAGR signals stable import dependency for Rectangular cross-section: Other India's imports under HSN Code 72149190 have grown at -13.04% CAGR, reaching ₹1.25 Crore in FY 2024-25. ### HSN Code 72149190 contributes 12.67% of Sub-Chapter 7214 exports — ranked #4 Among the 9 HSN codes under Sub-Chapter 7214, HSN Code 72149190 ranks #4 by export value — accounting for 12.67% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.15% share (rank #4). ## Related HSN Codes in Sub-Chapter 7214 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72142090: Twisted/Rolled Steel with Indentations or Ribs](https://busy.in/hsn/hsn-72142090/) | ₹202 Cr | | #2 | [HSN Code 72149990: Other bars and rods of iron or non-alloy steel \| Other](https://busy.in/hsn/hsn-72149990/) | ₹130 Cr | | #3 | [HSN Code 72141090: Forged – Other](https://busy.in/hsn/hsn-72141090/) | ₹121 Cr | | #4 | HSN Code 72149190: Rectangular cross-section: Other (this hsn code) | ₹68 Cr | | #5 | [HSN Code 72143000: Other, Of Free Cutting Steel](https://busy.in/hsn/hsn-72143000/) | ₹5 Cr | | #6 | [HSN Code 72149110: Mild Steel Bright Bar (Rectangular)](https://busy.in/hsn/hsn-72149110/) | ₹5 Cr | | #7 | [HSN Code 72141010: Forged – Spring steel quality](https://busy.in/hsn/hsn-72141010/) | ₹1 Cr | | #8 | [HSN Code 72142010: Spring Steel Quality with Indentations or Ribs](https://busy.in/hsn/hsn-72142010/) | < ₹1 Crore | | #9 | [HSN Code 72149910: Other \| Other \| Of Spring Steel Quality](https://busy.in/hsn/hsn-72149910/) | < ₹1 Crore |