---
title: "HSN Code for Stainless Steel Bars and Rods | HSN 72161000 GST Rate"
description: "Find HSN and GST Rates for 72161000 related to Stainless Steel Bars and Rods with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72161000/"
---

# HSN Code 72161000: Stainless Steel Bars and Rods

- [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 7216: Iron anchors and grapnels](https://busy.in/hsn/sub-chapter-7216/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| U, I or H sections, not further worked than hot- rolled,hot-drawn or extruded, of a height of less than 80 mm | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72161000 ?

It includes U sections (height >= 80mm): U-Channel

### How should mixed supplies be billed when Stainless Steel Bars and Rods is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Stainless Steel Bars and Rods; Nil for exempt items if applicable).

### Any common misclassification issue with Stainless Steel Bars and Rods?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### Do e‑way bill and e‑invoice apply for Stainless Steel Bars and Rods?

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.

### Can we claim ITC on inputs used to trade Stainless Steel Bars and Rods?

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

### How much GST applies to Stainless Steel Bars and Rods?

Under HSN 72161000, Stainless Steel Bars and Rods attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 72161000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹10 Cr (−41.19% YoY) — 0.0003% of India's total exports
- Imports: ₹12 Cr (+166.37% YoY) — 0.0002% of India's total imports
- Trade balance: −₹1 Cr (Deficit); surplus rank #8039 of 12657 HSN codes
- Share of Sub-Chapter 7216: 1.58% of its exports; import side 4.27%
- Rank within Sub-Chapter 7216: #11 of 16 by export value; import-side #6

### Key metrics

- Export CAGR: -13.53% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #5736 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +43.21% in FY 2021-22
- Contribution to Sub-Ch. 7216: 1.58% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72161000

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. 7216 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7216 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 25.00 | 0.0011% | — | 3.95% | 2.09 | 0.0001% | — | 0.92% | +22.91 | #3810 |
| FY 2019-20 | 32.00 | 0.0015% | +28.00% | 5.66% | < ₹1 Crore | 0.0000% | −65.07% | 0.27% | +31.27 | #3514 |
| FY 2020-21 | 17.61 | 0.0008% | −44.97% | 2.86% | < ₹1 Crore | 0.0000% | −90.41% | 0.03% | +17.54 | #4361 |
| FY 2021-22 | 25.22 | 0.0008% | +43.21% | 2.02% | < ₹1 Crore | 0.0000% | +357.14% | 0.20% | +24.90 | #4278 |
| FY 2022-23 | 27.58 | 0.0008% | +9.36% | 1.97% | < ₹1 Crore | 0.0000% | +106.25% | 0.40% | +26.92 | #4275 |
| FY 2023-24 | 17.77 | 0.0005% | −35.57% | 2.17% | 4.46 | 0.0001% | +575.76% | 1.60% | +13.31 | #4929 |
| FY 2024-25 | 10.45 | 0.0003% | −41.19% | 1.58% | 11.88 | 0.0002% | +166.37% | 4.27% | −1.43 | #5736 |

- CAGR (7-year): exports -13.53%/yr, imports 33.59%/yr (consistently Deficit)

## Key trade insights: HSN Code 72161000 export-import analysis

### Export decline: -13.53% CAGR over 7 years

India's exports under HSN Code 72161000 have declined at a compound annual rate of -13.53% over 7 fiscal years, falling from ₹25.00 Crore in FY 2018-19 to ₹10.45 Crore in FY 2024-25.

### HSN Code 72161000 ranked #5736 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72161000 ranks #5736 out of 12657 HSN codes by total export value. Within Sub-Chapter 7216, it ranks #11 of 16. By trade surplus, it ranks #8039 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 72161000 exports

The strongest single-year export movement for HSN Code 72161000 was recorded in FY 2021-22, when exports surged by 43.21% over the prior year.

### India records a trade deficit of ₹1.43 Crore in HSN Code 72161000 goods

In FY 2024-25, India's imports of ₹11.88 Cr exceeded exports of ₹10.45 Cr, resulting in a trade deficit of ₹1.43 Crore — ranking #8039 of 12657 by surplus magnitude.

### Import growth of 33.59% CAGR signals rising demand for Stainless Steel Bars and Rods

India's imports under HSN Code 72161000 have grown at 33.59% CAGR, reaching ₹11.88 Crore in FY 2024-25.

### HSN Code 72161000 contributes 1.58% of Sub-Chapter 7216 exports — ranked #11

Among the 16 HSN codes under Sub-Chapter 7216, HSN Code 72161000 ranks #11 by export value — accounting for 1.58% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.27% share (rank #6).

## Related HSN Codes in Sub-Chapter 7216

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 72165000: Other Hot-Rolled/Drawn/Extruded Angles/Shapes/Sections](https://busy.in/hsn/hsn-72165000/) | ₹268 Cr |
| #2 | [HSN Code 72163200: I sections (height >= 80mm): I-Beam](https://busy.in/hsn/hsn-72163200/) | ₹80 Cr |
| #3 | [HSN Code 72163100: U sections (height >= 80mm): U-Channel](https://busy.in/hsn/hsn-72163100/) | ₹66 Cr |
| #4 | [HSN Code 72163300: H sections (height >= 80mm): H-Beam](https://busy.in/hsn/hsn-72163300/) | ₹46 Cr |
| #5 | [HSN Code 72162100: L Sections (<80mm)](https://busy.in/hsn/hsn-72162100/) | ₹46 Cr |
| #6 | [HSN Code 72169910: Other: Plated/coated with zinc](https://busy.in/hsn/hsn-72169910/) | ₹33 Cr |
| #7 | [HSN Code 72166100: Angles & Sections (Flat-Rolled)](https://busy.in/hsn/hsn-72166100/) | ₹30 Cr |
| #8 | [HSN Code 72169990: Other Stainless Steel Products](https://busy.in/hsn/hsn-72169990/) | ₹24 Cr |
| #9 | [HSN Code 72164000: Stainless Steel Wire](https://busy.in/hsn/hsn-72164000/) | ₹23 Cr |
| #10 | [HSN Code 72166900: Angles & Sections (Other Cold-Formed)](https://busy.in/hsn/hsn-72166900/) | ₹19 Cr |
| #11 | HSN Code 72161000: Stainless Steel Bars and Rods (this hsn code) | ₹10 Cr |