HSN Code 72149190 represents Rectangular cross-section: Other under GST classification. This code helps businesses identify Rectangular cross-section: Other correctly for billing, taxation, and trade. With HSN Code 72149190, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rectangular cross-section: Other.
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HSN Code 72149190 relates to the following description.
Description of Goods
Other : Of rectangular (other than square) cross-section : 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%
Rectangular cross-section: Other does not include products with the following descriptions.
Forged : Spring steel quality
Forged : Other
Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling : Spring steel quality
Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling : Other
Other, of free cutting steel
Other : Of rectangular (other than square) cross-section : Mild steel bright bar
Other : Other : Of spring steel quality
Other : Other : Other
Forged : Spring steel quality
Forged : Other
Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling : Spring steel quality
Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling : Other
Other, of free cutting steel
Other : Of rectangular (other than square) cross-section : Mild steel bright bar
Other : Other : Of spring steel quality
Other : Other : Other
India’s Exports
FY 2024-25₹68 Cr
0.0018% of India’s total exports
India’s Imports
FY 2024-25₹1 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹66 Cr
Surplus rank #1932 of 12657 HSN codes
% of Sub-Chapter 7214
FY 2024-2512.67%
Share of Sub-Chapter 7214’s total exports in FY 2024-25
Import side: 0.15% of Sub-Chapter 7214’s imports
Rank Within Sub-Chapter 7214
FY 2024-25#4 of 9
Position by export value among HSN codes in Sub-Chapter 7214
Import-side rank: #4 of 9
At a glance
20.08%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3202
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+282.28%
Peak Growth Year
FY 2020-21 · strongest single-year move
12.67%
Contribution to Sub-Ch. 7214
Share of Sub-Chapter 7214 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+19.65
Exports
22.54 ₹ Cr
0.0010% share
— YoY
2.06% of Sub-Ch. 7214
Imports
2.89 ₹ Cr
0.0001% share
— YoY
0.29% of Sub-Ch. 7214
Balance
+34.21
Exports
35.90 ₹ Cr
0.0016% share
+59.27% YoY
2.99% of Sub-Ch. 7214
Imports
1.69 ₹ Cr
0.0001% share
−41.52% YoY
0.18% of Sub-Ch. 7214
Balance
+136.46
Exports
137.24 ₹ Cr
0.0064% share
+282.28% YoY
7.13% of Sub-Ch. 7214
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−53.85% YoY
0.16% of Sub-Ch. 7214
Balance
+409.02
Exports
409.23 ₹ Cr
0.0130% share
+198.19% YoY
7.78% of Sub-Ch. 7214
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−73.08% YoY
0.14% of Sub-Ch. 7214
Balance
+16.49
Exports
91.78 ₹ Cr
0.0025% share
−77.57% YoY
11.85% of Sub-Ch. 7214
Imports
75.29 ₹ Cr
0.0013% share
+35,752.38% YoY
16.78% of Sub-Ch. 7214
Balance
+44.35
Exports
44.64 ₹ Cr
0.0012% share
−51.36% YoY
7.58% of Sub-Ch. 7214
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−99.61% YoY
0.04% of Sub-Ch. 7214
Balance
+66.31
Exports
67.56 ₹ Cr
0.0018% share
+51.34% YoY
12.67% of Sub-Ch. 7214
Imports
1.25 ₹ Cr
0.0000% share
+331.03% YoY
0.15% of Sub-Ch. 7214
CAGR · 7-Year
Exports
20.08% /yr
Imports
−13.04% /yr
reference, FY 2024-25
Export
₹533.36 Cr
Import
₹826.79 Cr
Trade Balance
−293.43
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.
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.
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.
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.
India's imports under HSN Code 72149190 have grown at −13.04% CAGR, reaching ₹1.25 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 72149190 and GST compliance.
It includes Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 72149190, Rectangular cross-section: Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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).
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.
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.