--- title: "HSN Code for Mild Steel Bright Bar (Cold-Formed) | HSN 72155010 GST Rate" description: "Find HSN and GST Rates for 72155010 related to Mild Steel Bright Bar (Cold-Formed) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72155010/" --- # HSN Code 72155010: Mild Steel Bright Bar (Cold-Formed) - [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 7215: Steel Bars & Rods](https://busy.in/hsn/sub-chapter-7215/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other, not further worked than cold-formed or cold-finished : Mild steel bright bar | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72155010 ? It includes Other : Plated or coated with other base metals ### How should mixed supplies be billed when Mild Steel Bright Bar (Cold-Formed) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Mild Steel Bright Bar (Cold-Formed); Nil for exempt items if applicable). ### Any common misclassification issue with Mild Steel Bright Bar (Cold-Formed)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Mild Steel Bright Bar (Cold-Formed)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Mild Steel Bright Bar (Cold-Formed)? 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. ### How much GST applies to Mild Steel Bright Bar (Cold-Formed)? Under HSN 72155010, Mild Steel Bright Bar (Cold-Formed) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for 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. ## India's trade performance: HSN Code 72155010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹84 Cr (−23.45% YoY) — 0.0023% of India's total exports - Imports: ₹1 Cr (+81.01% YoY) — 0.0000% of India's total imports - Trade balance: ₹83 Cr (Surplus); surplus rank #1744 of 12657 HSN codes - Share of Sub-Chapter 7215: 7.11% of its exports; import side 1.12% - Rank within Sub-Chapter 7215: #3 of 6 by export value; import-side #5 ### Key metrics - Export CAGR: 28.32% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2896 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +108.59% in FY 2021-22 - Contribution to Sub-Ch. 7215: 7.11% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72155010 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. 7215 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7215 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 18.91 | 0.0008% | — | 3.76% | 22.31 | 0.0006% | — | 11.38% | −3.40 | #4172 | | FY 2019-20 | 23.83 | 0.0011% | +26.02% | 4.54% | 11.28 | 0.0003% | −49.44% | 7.26% | +12.55 | #3891 | | FY 2020-21 | 37.93 | 0.0018% | +59.17% | 7.34% | 3.85 | 0.0001% | −65.87% | 3.50% | +34.08 | #3337 | | FY 2021-22 | 79.12 | 0.0025% | +108.59% | 8.92% | < ₹1 Crore | 0.0000% | −78.70% | 0.64% | +78.30 | #2718 | | FY 2022-23 | 140.51 | 0.0039% | +77.59% | 9.97% | < ₹1 Crore | 0.0000% | −71.95% | 0.14% | +140.28 | #2131 | | FY 2023-24 | 110.30 | 0.0030% | −21.50% | 8.25% | < ₹1 Crore | 0.0000% | +243.48% | 0.55% | +109.51 | #2451 | | FY 2024-25 | 84.44 | 0.0023% | −23.45% | 7.11% | 1.43 | 0.0000% | +81.01% | 1.12% | +83.01 | #2896 | - CAGR (7-year): exports 28.32%/yr, imports -36.74%/yr (consistently Surplus) ## Key trade insights: HSN Code 72155010 export-import analysis ### Consistent export growth: 28.32% CAGR over 7 years India's exports under HSN Code 72155010 have grown at a compound annual rate of 28.32% over 7 fiscal years, rising from ₹18.91 Crore in FY 2018-19 to ₹84.44 Crore in FY 2024-25. ### HSN Code 72155010 ranked #2896 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72155010 ranks #2896 out of 12657 HSN codes by total export value. Within Sub-Chapter 7215, it ranks #3 of 6. By trade surplus, it ranks #1744 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72155010 exports The strongest single-year export movement for HSN Code 72155010 was recorded in FY 2021-22, when exports surged by 108.59% over the prior year. ### India maintains a trade surplus of ₹83.01 Crore in HSN Code 72155010 goods In FY 2024-25, India's exports of ₹84.44 Cr exceeded imports of ₹1.43 Cr, resulting in a trade surplus of ₹83.01 Crore — ranking #1744 of 12657 by surplus magnitude. ### Import growth of -36.74% CAGR signals stable import dependency for Mild Steel Bright Bar (Cold-Formed) India's imports under HSN Code 72155010 have grown at -36.74% CAGR, reaching ₹1.43 Crore in FY 2024-25. ### HSN Code 72155010 contributes 7.11% of Sub-Chapter 7215 exports — ranked #3 Among the 6 HSN codes under Sub-Chapter 7215, HSN Code 72155010 ranks #3 by export value — accounting for 7.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.12% share (rank #5). ## Related HSN Codes in Sub-Chapter 7215 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72159090: Other bars and rods of non-alloy steel \| Other](https://busy.in/hsn/hsn-72159090/) | ₹870 Cr | | #2 | [HSN Code 72159020: Other : Plated or coated with other base metals](https://busy.in/hsn/hsn-72159020/) | ₹128 Cr | | #3 | HSN Code 72155010: Mild Steel Bright Bar (Cold-Formed) (this hsn code) | ₹84 Cr | | #4 | [HSN Code 72155090: Cold-formed steel, other](https://busy.in/hsn/hsn-72155090/) | ₹74 Cr | | #5 | [HSN Code 72151000: Free-Cutting Steel Bars & Rods: Cold-Formed or Cold-Finished](https://busy.in/hsn/hsn-72151000/) | ₹16 Cr | | #6 | [HSN Code 72159010: Other \| Plated Or Coated With Zinc](https://busy.in/hsn/hsn-72159010/) | ₹15 Cr |