--- title: "HSN Code for Other bars and rods of non-alloy steel | Other | HSN 72159090 GST Rate" description: "Find HSN and GST Rates for 72159090 related to Other bars and rods of non-alloy steel | Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72159090/" --- # HSN Code 72159090: Other bars and rods of non-alloy steel | Other - [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 : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72159090 ? It includes T Sections (< 80 mm) ### How much GST applies to Other bars and rods of non-alloy steel / Other? Under HSN 72159090, Other bars and rods of non-alloy steel / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Other bars and rods of non-alloy 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. ### How should mixed supplies be billed when Other bars and rods of non-alloy steel / Other is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other bars and rods of non-alloy steel / Other; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Other bars and rods of non-alloy steel / Other? 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. ### Any common misclassification issue with Other bars and rods of non-alloy 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. ## India's trade performance: HSN Code 72159090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹870 Cr (+2.41% YoY) — 0.0236% of India's total exports - Imports: ₹63 Cr (−11.44% YoY) — 0.0010% of India's total imports - Trade balance: ₹807 Cr (Surplus); surplus rank #422 of 12657 HSN codes - Share of Sub-Chapter 7215: 73.25% of its exports; import side 49.47% - Rank within Sub-Chapter 7215: #1 of 6 by export value; import-side #1 ### Key metrics - Export CAGR: 16.65% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #595 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +67.28% in FY 2021-22 - Contribution to Sub-Ch. 7215: 73.25% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72159090 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 | 345.20 | 0.0151% | — | 68.68% | 46.38 | 0.0013% | — | 23.67% | +298.82 | #898 | | FY 2019-20 | 362.01 | 0.0164% | +4.87% | 69.00% | 42.07 | 0.0013% | −9.29% | 27.07% | +319.94 | #848 | | FY 2020-21 | 324.98 | 0.0151% | −10.23% | 62.91% | 34.24 | 0.0012% | −18.61% | 31.15% | +290.74 | #955 | | FY 2021-22 | 543.62 | 0.0173% | +67.28% | 61.29% | 68.67 | 0.0015% | +100.55% | 53.44% | +474.95 | #795 | | FY 2022-23 | 886.97 | 0.0245% | +63.16% | 62.96% | 79.64 | 0.0014% | +15.98% | 47.66% | +807.33 | #559 | | FY 2023-24 | 849.40 | 0.0235% | −4.24% | 63.51% | 71.26 | 0.0013% | −10.52% | 49.28% | +778.14 | #584 | | FY 2024-25 | 869.83 | 0.0236% | +2.41% | 73.25% | 63.11 | 0.0010% | −11.44% | 49.47% | +806.72 | #595 | - CAGR (7-year): exports 16.65%/yr, imports 5.27%/yr (consistently Surplus) ## Key trade insights: HSN Code 72159090 export-import analysis ### Consistent export growth: 16.65% CAGR over 7 years India's exports under HSN Code 72159090 have grown at a compound annual rate of 16.65% over 7 fiscal years, rising from ₹345.20 Crore in FY 2018-19 to ₹869.83 Crore in FY 2024-25. ### HSN Code 72159090 ranked #595 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72159090 ranks #595 out of 12657 HSN codes by total export value. Within Sub-Chapter 7215, it ranks #1 of 6. By trade surplus, it ranks #422 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72159090 exports The strongest single-year export movement for HSN Code 72159090 was recorded in FY 2021-22, when exports surged by 67.28% over the prior year. ### India maintains a trade surplus of ₹806.72 Crore in HSN Code 72159090 goods In FY 2024-25, India's exports of ₹869.83 Cr exceeded imports of ₹63.11 Cr, resulting in a trade surplus of ₹806.72 Crore — ranking #422 of 12657 by surplus magnitude. ### Import growth of 5.27% CAGR signals stable import dependency for Other bars and rods of non-alloy steel | Other India's imports under HSN Code 72159090 have grown at 5.27% CAGR, reaching ₹63.11 Crore in FY 2024-25. ### HSN Code 72159090 contributes 73.25% of Sub-Chapter 7215 exports — ranked #1 Among the 6 HSN codes under Sub-Chapter 7215, HSN Code 72159090 ranks #1 by export value — accounting for 73.25% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 49.47% share (rank #1). ## 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 (this hsn code) | ₹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)](https://busy.in/hsn/hsn-72155010/) | ₹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 |