HSN Code 72155090: Cold-formed steel, other

HSN Code 72155090 represents Cold-formed steel, other under GST classification. This code helps businesses identify Cold-formed steel, other correctly for billing, taxation, and trade. With HSN Code 72155090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cold-formed steel, other.

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Description of Goods for HSN Code 72155090

HSN Code 72155090 relates to the following description.

Description of Goods

Other, not further worked than cold-formed or cold-finished : Other

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 72155090 not include?

Cold-formed steel, other does not include products with the following descriptions.

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

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

India’s Trade Performance — HSN Code 72155090 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

₹74 Cr

−54.46% vs FY 2023-24

0.0020% of India’s total exports

India’s Imports

FY 2024-25

₹39 Cr

−32.23% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

₹35 Cr

Trade Surplus

Surplus rank #2424 of 12657 HSN codes

% of Sub-Chapter 7215

FY 2024-25

6.23%

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

Import side: 30.85% of Sub-Chapter 7215’s imports

Rank Within Sub-Chapter 7215

FY 2024-25

#4 of 6

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

Import-side rank: #2 of 6

At a glance

6.01%

Export CAGR

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

#3070

National Export Rank

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

+86.28%

Peak Growth Year

FY 2021-22 · strongest single-year move

6.23%

Contribution to Sub-Ch. 7215

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

India Export-Import Trade Statistics for HSN Code 72155090

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 #2794

Balance

−29.50

Exports

52.08 ₹ Cr

0.0023% share

YoY

10.36% of Sub-Ch. 7215

Imports

81.58 ₹ Cr

0.0023% share

YoY

41.63% of Sub-Ch. 7215

FY 2019-20 Exp. Rank #2870

Balance

−18.31

Exports

50.07 ₹ Cr

0.0023% share

−3.86% YoY

9.54% of Sub-Ch. 7215

Imports

68.38 ₹ Cr

0.0020% share

−16.18% YoY

44.00% of Sub-Ch. 7215

FY 2020-21 Exp. Rank #3031

Balance

+9.99

Exports

47.22 ₹ Cr

0.0022% share

−5.69% YoY

9.14% of Sub-Ch. 7215

Imports

37.23 ₹ Cr

0.0013% share

−45.55% YoY

33.87% of Sub-Ch. 7215

FY 2021-22 Exp. Rank #2588

Balance

+52.43

Exports

87.96 ₹ Cr

0.0028% share

+86.28% YoY

9.92% of Sub-Ch. 7215

Imports

35.53 ₹ Cr

0.0008% share

−4.57% YoY

27.65% of Sub-Ch. 7215

FY 2022-23 Exp. Rank #2172

Balance

+62.47

Exports

135.15 ₹ Cr

0.0037% share

+53.65% YoY

9.59% of Sub-Ch. 7215

Imports

72.68 ₹ Cr

0.0013% share

+104.56% YoY

43.49% of Sub-Ch. 7215

FY 2023-24 Exp. Rank #2020

Balance

+104.27

Exports

162.35 ₹ Cr

0.0045% share

+20.13% YoY

12.14% of Sub-Ch. 7215

Imports

58.08 ₹ Cr

0.0010% share

−20.09% YoY

40.17% of Sub-Ch. 7215

FY 2024-25 Exp. Rank #3070

Balance

+34.57

Exports

73.93 ₹ Cr

0.0020% share

−54.46% YoY

6.23% of Sub-Ch. 7215

Imports

39.36 ₹ Cr

0.0006% share

−32.23% YoY

30.85% of Sub-Ch. 7215

CAGR · 7-Year

Exports

6.01% /yr

Imports

−11.44% /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 72155090 Export-Import Analysis

Consistent Export Growth: 6.01% CAGR Over 7 Years

India's exports under HSN Code 72155090 have grown at a compound annual rate of 6.01% over 7 fiscal years, rising from ₹52.08 Crore in FY 2018-19 to ₹73.93 Crore in FY 2024-25.

HSN Code 72155090 Ranked #3070 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72155090 ranks #3070 out of 12657 HSN codes by total export value. Within Sub-Chapter 7215, it ranks #4 of 6. By trade surplus, it ranks #2424 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72155090 Exports

The strongest single-year export movement for HSN Code 72155090 was recorded in FY 2021-22, when exports surged by 86.28% over the prior year.

India Maintains a Trade Surplus of ₹34.57 Crore in HSN Code 72155090 Goods

In FY 2024-25, India's exports of ₹73.93 Cr exceeded imports of ₹39.36 Cr, resulting in a trade surplus of ₹34.57 Crore — ranking #2424 of 12657 by surplus magnitude.

Import Growth of −11.44% CAGR Signals Stable Import Dependency for Cold-formed steel, other

India's imports under HSN Code 72155090 have grown at −11.44% CAGR, reaching ₹39.36 Crore in FY 2024-25.

HSN Code 72155090 Contributes 6.23% of Sub-Chapter 7215 Exports — Ranked #4

Among the 6 HSN codes under Sub-Chapter 7215, HSN Code 72155090 ranks #4 by export value — accounting for 6.23% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 30.85% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72155090 and GST compliance.

What products are classified under HSN 72155090 ?

It includes Other bars and rods of non-alloy steel | Other

How much GST applies to Cold-formed steel, other?

Under HSN 72155090, Cold-formed steel, other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Cold-formed steel, 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 should mixed supplies be billed when Cold-formed steel, other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cold-formed steel, other; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Cold-formed steel, other?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Do e‑way bill and e‑invoice apply for Cold-formed steel, 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.

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.