HSN Code 72162100: L Sections (<80mm)
HSN Code 72162100 represents L Sections (<80mm) under GST classification. This code helps businesses identify L Sections (<80mm) correctly for billing, taxation, and trade. With HSN Code 72162100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of L Sections (<80mm).
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 72162100
HSN Code 72162100 relates to the following description.
What does HSN Code 72162100 not include?
L Sections (<80mm) does not include products with the following descriptions.
U, I or H sections, not further worked than hot- rolled,hot-drawn or extruded, of a height of less than 80 mm
L or T sections, not further worked than hotrolled, hot-drawn or extruded, of a height of less than 80 mm : T sections
U, I or H sections, not further worked than hot-rolled, hot-drawn or extruded of a height of 80 mm or more : U sections
U, I or H sections, not further worked than hot-rolled, hot-drawn or extruded of a height of 80 mm or more : I sections
U, I or H sections, not further worked than hot-rolled, hot-drawn or extruded of a height of 80 mm or more : H sections
L or T sections, not further worked than hot-rolled, hot-drawn or extruded, of a height of 80 mm or more
Other angles, shapes and sections, not further worked than hot-rolled, hot-drawn or extruded
Angles, shapes and sections, not further worked than cold-formed or cold-finished : Obtained from flat-rolled products
Angles, shapes and sections, not further worked than cold-formed or cold-finished : Other
Other: Cold-formed or cold-finished from flat rolled products
Other: Other : Plated or coated with zinc
Other: Other : Plated or coated with base metals other than zinc
Other: Other : Slotted angles and slotted channels
Other: Other : Forged
Other: Other : Other
U, I or H sections, not further worked than hot- rolled,hot-drawn or extruded, of a height of less than 80 mm
L or T sections, not further worked than hotrolled, hot-drawn or extruded, of a height of less than 80 mm : T sections
U, I or H sections, not further worked than hot-rolled, hot-drawn or extruded of a height of 80 mm or more : U sections
U, I or H sections, not further worked than hot-rolled, hot-drawn or extruded of a height of 80 mm or more : I sections
U, I or H sections, not further worked than hot-rolled, hot-drawn or extruded of a height of 80 mm or more : H sections
L or T sections, not further worked than hot-rolled, hot-drawn or extruded, of a height of 80 mm or more
Other angles, shapes and sections, not further worked than hot-rolled, hot-drawn or extruded
Angles, shapes and sections, not further worked than cold-formed or cold-finished : Obtained from flat-rolled products
Angles, shapes and sections, not further worked than cold-formed or cold-finished : Other
Other: Cold-formed or cold-finished from flat rolled products
Other: Other : Plated or coated with zinc
Other: Other : Plated or coated with base metals other than zinc
Other: Other : Slotted angles and slotted channels
Other: Other : Forged
Other: Other : Other
India’s Trade Performance — HSN Code 72162100 in FY 2024-25
India’s Exports
FY 2024-25₹46 Cr
0.0012% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹45 Cr
Surplus rank #2242 of 12657 HSN codes
% of Sub-Chapter 7216
FY 2024-256.91%
Share of Sub-Chapter 7216’s total exports in FY 2024-25
Import side: 0.31% of Sub-Chapter 7216’s imports
Rank Within Sub-Chapter 7216
FY 2024-25#5 of 16
Position by export value among HSN codes in Sub-Chapter 7216
Import-side rank: #12 of 16
At a glance
−16.40%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3736
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+18.05%
Peak Growth Year
FY 2024-25 · strongest single-year move
6.91%
Contribution to Sub-Ch. 7216
Share of Sub-Chapter 7216 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 72162100
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+130.94
Exports
133.92 ₹ Cr
0.0059% share
— YoY
21.17% of Sub-Ch. 7216
Imports
2.98 ₹ Cr
0.0001% share
— YoY
1.32% of Sub-Ch. 7216
Balance
+113.65
Exports
114.27 ₹ Cr
0.0052% share
−14.67% YoY
20.21% of Sub-Ch. 7216
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−79.19% YoY
0.23% of Sub-Ch. 7216
Balance
+116.58
Exports
117.94 ₹ Cr
0.0055% share
+3.21% YoY
19.15% of Sub-Ch. 7216
Imports
1.36 ₹ Cr
0.0000% share
+119.35% YoY
0.65% of Sub-Ch. 7216
Balance
+92.63
Exports
94.11 ₹ Cr
0.0030% share
−20.21% YoY
7.53% of Sub-Ch. 7216
Imports
1.48 ₹ Cr
0.0000% share
+8.82% YoY
0.93% of Sub-Ch. 7216
Balance
+42.79
Exports
44.00 ₹ Cr
0.0012% share
−53.25% YoY
3.14% of Sub-Ch. 7216
Imports
1.21 ₹ Cr
0.0000% share
−18.24% YoY
0.74% of Sub-Ch. 7216
Balance
+38.24
Exports
38.72 ₹ Cr
0.0011% share
−12.00% YoY
4.74% of Sub-Ch. 7216
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−60.33% YoY
0.17% of Sub-Ch. 7216
Balance
+44.85
Exports
45.71 ₹ Cr
0.0012% share
+18.05% YoY
6.91% of Sub-Ch. 7216
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+79.17% YoY
0.31% of Sub-Ch. 7216
CAGR · 7-Year
Exports
−16.40% /yr
Imports
−18.71% /yr
reference, FY 2024-25
Export
₹661.22 Cr
Import
₹278.51 Cr
Trade Balance
+382.71
Key Trade Insights: HSN Code 72162100 Export-Import Analysis
Export Decline: −16.40% CAGR Over 7 Years
India's exports under HSN Code 72162100 have declined at a compound annual rate of −16.40% over 7 fiscal years, falling from ₹133.92 Crore in FY 2018-19 to ₹45.71 Crore in FY 2024-25.
HSN Code 72162100 Ranked #3736 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 72162100 ranks #3736 out of 12657 HSN codes by total export value. Within Sub-Chapter 7216, it ranks #5 of 16. By trade surplus, it ranks #2242 of 12657.
FY 2024-25 Was the Strongest Growth Year for HSN Code 72162100 Exports
The strongest single-year export movement for HSN Code 72162100 was recorded in FY 2024-25, when exports surged by 18.05% over the prior year.
India Maintains a Trade Surplus of ₹44.85 Crore in HSN Code 72162100 Goods
In FY 2024-25, India's exports of ₹45.71 Cr exceeded imports of ₹0.86 Cr, resulting in a trade surplus of ₹44.85 Crore — ranking #2242 of 12657 by surplus magnitude.
Import Growth of −18.71% CAGR Signals Stable Import Dependency for L Sections (<80mm)
India's imports under HSN Code 72162100 have grown at −18.71% CAGR, reaching ₹0.86 Crore in FY 2024-25.
HSN Code 72162100 Contributes 6.91% of Sub-Chapter 7216 Exports — Ranked #5
Among the 16 HSN codes under Sub-Chapter 7216, HSN Code 72162100 ranks #5 by export value — accounting for 6.91% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.31% share (rank #12).
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 72162100 and GST compliance.
What products are classified under HSN 72162100 ?
It includes I sections (height >= 80mm): I-Beam
How should mixed supplies be billed when L Sections (<80mm) is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for L Sections (<80mm); Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade L Sections (<80mm)?
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 L Sections (<80mm)?
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 L Sections (<80mm)?
Under HSN 72162100, L Sections (<80mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with L Sections (<80mm)?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.