HSN Code 72151000: Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished

HSN Code 72151000 represents Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished under GST classification. This code helps businesses identify Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished correctly for billing, taxation, and trade. With HSN Code 72151000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished.

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Description of Goods for HSN Code 72151000

HSN Code 72151000 relates to the following description.

Description of Goods

Of free-cutting steel, not further worked than cold-formed or cold-finished

Chapter

72 - Iron and steel

Sub Chapter

7215 - Other bars and rods of iron or non-alloy steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72151000 not include?

Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished does not include products with the following descriptions.

HSN Code 72155010

Other, not further worked than cold-formed or cold-finished : Mild steel bright bar

India’s Trade Performance — HSN Code 72151000 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

₹16 Cr

+17.30% vs FY 2023-24

0.0004% of India’s total exports

India’s Imports

FY 2024-25

₹16 Cr

+72.89% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5380 of 12657 HSN codes

% of Sub-Chapter 7215

FY 2024-25

1.33%

Share of Sub-Chapter 7215’s total exports in FY 2024-25

Import side: 12.35% of Sub-Chapter 7215’s imports

Rank Within Sub-Chapter 7215

FY 2024-25

#5 of 6

Position by export value among HSN codes in Sub-Chapter 7215

Import-side rank: #3 of 6

At a glance

59.77%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#5183

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+2,903.90%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.33%

Contribution to Sub-Ch. 7215

Share of Sub-Chapter 7215 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72151000

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 #7674

Balance

−40.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.19% of Sub-Ch. 7215

Imports

41.21 ₹ Cr

0.0011% share

— YoY

21.03% of Sub-Ch. 7215

FY 2019-20 Exp. Rank #7865

Balance

−27.32

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−21.05% YoY

0.14% of Sub-Ch. 7215

Imports

28.07 ₹ Cr

0.0008% share

−31.89% YoY

18.06% of Sub-Ch. 7215

FY 2020-21 Exp. Rank #7879

Balance

−29.23

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+2.67% YoY

0.15% of Sub-Ch. 7215

Imports

30.00 ₹ Cr

0.0010% share

+6.88% YoY

27.29% of Sub-Ch. 7215

FY 2021-22 Exp. Rank #4405

Balance

+3.88

Exports

23.13 ₹ Cr

0.0007% share

+2,903.90% YoY

2.61% of Sub-Ch. 7215

Imports

19.25 ₹ Cr

0.0004% share

−35.83% YoY

14.98% of Sub-Ch. 7215

FY 2022-23 Exp. Rank #5140

Balance

+6.75

Exports

14.30 ₹ Cr

0.0004% share

−38.18% YoY

1.02% of Sub-Ch. 7215

Imports

7.55 ₹ Cr

0.0001% share

−60.78% YoY

4.52% of Sub-Ch. 7215

FY 2023-24 Exp. Rank #5320

Balance

+4.36

Exports

13.47 ₹ Cr

0.0004% share

−5.80% YoY

1.01% of Sub-Ch. 7215

Imports

9.11 ₹ Cr

0.0002% share

+20.66% YoY

6.30% of Sub-Ch. 7215

FY 2024-25 Exp. Rank #5183

Balance

+0.05

Exports

15.80 ₹ Cr

0.0004% share

+17.30% YoY

1.33% of Sub-Ch. 7215

Imports

15.75 ₹ Cr

0.0003% share

+72.89% YoY

12.35% of Sub-Ch. 7215

CAGR · 7-Year

Exports

59.77% /yr

Imports

−14.81% /yr

Consistently Surplus
Sub-Chapter 7215 total

reference, FY 2024-25

Export

₹1,187.51 Cr

Import

₹127.58 Cr

Trade Balance

+1,059.93

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

Key Trade Insights: HSN Code 72151000 Export-Import Analysis

Consistent Export Growth: 59.77% CAGR Over 7 Years

India's exports under HSN Code 72151000 have grown at a compound annual rate of 59.77% over 7 fiscal years, rising from ₹0.95 Crore in FY 2018-19 to ₹15.80 Crore in FY 2024-25.

HSN Code 72151000 Ranked #5183 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72151000 ranks #5183 out of 12657 HSN codes by total export value. Within Sub-Chapter 7215, it ranks #5 of 6. By trade surplus, it ranks #5380 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72151000 Exports

The strongest single-year export movement for HSN Code 72151000 was recorded in FY 2021-22, when exports surged by 2,903.90% over the prior year.

India Maintains a Trade Surplus of ₹0.05 Crore in HSN Code 72151000 Goods

In FY 2024-25, India's exports of ₹15.80 Cr exceeded imports of ₹15.75 Cr, resulting in a trade surplus of ₹0.05 Crore — ranking #5380 of 12657 by surplus magnitude.

Import Growth of −14.81% CAGR Signals Stable Import Dependency for Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished

India's imports under HSN Code 72151000 have grown at −14.81% CAGR, reaching ₹15.75 Crore in FY 2024-25.

HSN Code 72151000 Contributes 1.33% of Sub-Chapter 7215 Exports — Ranked #5

Among the 6 HSN codes under Sub-Chapter 7215, HSN Code 72151000 ranks #5 by export value — accounting for 1.33% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 12.35% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72151000 and GST compliance.

What products are classified under HSN 72151000 ?

It includes Other | Plated Or Coated With Zinc

Does packaging or labelling change the GST for Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished?

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.

Do e‑way bill and e‑invoice apply for Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished?

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.

How much GST applies to Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished?

Under HSN 72151000, Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished; Nil for exempt items if applicable).

Any common misclassification issue with Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished?

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.