HSN Code 72149910 represents Other | Other | Of Spring Steel Quality under GST classification. This code helps businesses identify Other | Other | Of Spring Steel Quality correctly for billing, taxation, and trade. With HSN Code 72149910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Other | Of Spring Steel Quality.
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HSN Code 72149910 relates to the following description.
Description of Goods
Other : Other : Of spring steel quality
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%
Other | Other | Of Spring Steel Quality 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 : Of rectangular (other than square) cross-section : Other
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 : Of rectangular (other than square) cross-section : Other
Other : Other : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #5380 of 12657 HSN codes
% of Sub-Chapter 7214
FY 2024-250.07%
Share of Sub-Chapter 7214’s total exports in FY 2024-25
Import side: 0.04% of Sub-Chapter 7214’s imports
Rank Within Sub-Chapter 7214
FY 2024-25#9 of 9
Position by export value among HSN codes in Sub-Chapter 7214
Import-side rank: #5 of 9
At a glance
13.26%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9046
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+572.22%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.07%
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
−9.10
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.02% of Sub-Ch. 7214
Imports
9.28 ₹ Cr
0.0003% share
— YoY
0.92% of Sub-Ch. 7214
Balance
−9.41
Exports
1.21 ₹ Cr
0.0001% share
+572.22% YoY
0.10% of Sub-Ch. 7214
Imports
10.62 ₹ Cr
0.0003% share
+14.44% YoY
1.10% of Sub-Ch. 7214
Balance
−4.01
Exports
1.44 ₹ Cr
0.0001% share
+19.01% YoY
0.07% of Sub-Ch. 7214
Imports
5.45 ₹ Cr
0.0002% share
−48.68% YoY
1.12% of Sub-Ch. 7214
Balance
+2.72
Exports
4.14 ₹ Cr
0.0001% share
+187.50% YoY
0.08% of Sub-Ch. 7214
Imports
1.42 ₹ Cr
0.0000% share
−73.95% YoY
0.92% of Sub-Ch. 7214
Balance
+1.05
Exports
1.10 ₹ Cr
0.0000% share
−73.43% YoY
0.14% of Sub-Ch. 7214
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−96.48% YoY
0.01% of Sub-Ch. 7214
Balance
+0.72
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−32.73% YoY
0.13% of Sub-Ch. 7214
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−60.00% YoY
0.00% of Sub-Ch. 7214
Balance
+0.05
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−48.65% YoY
0.07% of Sub-Ch. 7214
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+1,550.00% YoY
0.04% of Sub-Ch. 7214
CAGR · 7-Year
Exports
13.26% /yr
Imports
−42.66% /yr
reference, FY 2024-25
Export
₹533.36 Cr
Import
₹826.79 Cr
Trade Balance
−293.43
India's exports under HSN Code 72149910 have grown at a compound annual rate of 13.26% over 7 fiscal years, rising from ₹0.18 Crore in FY 2018-19 to ₹0.38 Crore in FY 2024-25.
In FY 2024-25, HSN Code 72149910 ranks #9046 out of 12657 HSN codes by total export value. Within Sub-Chapter 7214, it ranks #9 of 9. By trade surplus, it ranks #5380 of 12657.
The strongest single-year export movement for HSN Code 72149910 was recorded in FY 2019-20, when exports surged by 572.22% over the prior year.
In FY 2024-25, India's exports of ₹0.38 Cr exceeded imports of ₹0.33 Cr, resulting in a trade surplus of ₹0.05 Crore — ranking #5380 of 12657 by surplus magnitude.
India's imports under HSN Code 72149910 have grown at −42.66% CAGR, reaching ₹0.33 Crore in FY 2024-25.
Among the 9 HSN codes under Sub-Chapter 7214, HSN Code 72149910 ranks #9 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.04% share (rank #5).
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 72149910 and GST compliance.
It includes Mild Steel Bright Bar (Cold-Formed)
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Other / Of Spring Steel Quality; Nil for exempt items if applicable).
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.