--- title: "HSN Code for U sections (height >= 80mm): U-Channel | HSN 72163100 GST Rate" description: "Find HSN and GST Rates for 72163100 related to U sections (height >= 80mm): U-Channel with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72163100/" --- # HSN Code 72163100: U sections (height >= 80mm): U-Channel - [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 80 mm or more : U sections | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72163100 ? It includes Stainless Steel Wire ### How should mixed supplies be billed when U sections (height >= 80mm): U-Channel is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for U sections (height >= 80mm): U-Channel; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for U sections (height >= 80mm): U-Channel? 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. ### Do e‑way bill and e‑invoice apply for U sections (height >= 80mm): U-Channel? 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 U sections (height >= 80mm): U-Channel? 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 U sections (height >= 80mm): U-Channel? Under HSN 72163100, U sections (height >= 80mm): U-Channel attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with U sections (height >= 80mm): U-Channel? 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 72163100 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹66 Cr (+15.97% YoY) — 0.0018% of India's total exports - Imports: ₹30 Cr (+57.46% YoY) — 0.0005% of India's total imports - Trade balance: ₹35 Cr (Surplus); surplus rank #2407 of 12657 HSN codes - Share of Sub-Chapter 7216: 9.93% of its exports; import side 10.83% - Rank within Sub-Chapter 7216: #3 of 16 by export value; import-side #2 ### Key metrics - Export CAGR: -8.67% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3247 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +43.17% in FY 2021-22 - Contribution to Sub-Ch. 7216: 9.93% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72163100 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 | 113.11 | 0.0050% | — | 17.88% | 7.68 | 0.0002% | — | 3.40% | +105.43 | #1884 | | FY 2019-20 | 117.66 | 0.0053% | +4.02% | 20.80% | 7.32 | 0.0002% | −4.69% | 2.67% | +110.34 | #1830 | | FY 2020-21 | 90.41 | 0.0042% | −23.16% | 14.68% | 17.39 | 0.0006% | +137.57% | 8.28% | +73.02 | #2185 | | FY 2021-22 | 129.44 | 0.0041% | +43.17% | 10.35% | 20.22 | 0.0004% | +16.27% | 12.68% | +109.22 | #2111 | | FY 2022-23 | 68.74 | 0.0019% | −46.89% | 4.91% | 24.42 | 0.0004% | +20.77% | 14.88% | +44.32 | #3060 | | FY 2023-24 | 56.62 | 0.0016% | −17.63% | 6.93% | 19.16 | 0.0003% | −21.54% | 6.86% | +37.46 | #3351 | | FY 2024-25 | 65.66 | 0.0018% | +15.97% | 9.93% | 30.17 | 0.0005% | +57.46% | 10.83% | +35.49 | #3247 | - CAGR (7-year): exports -8.67%/yr, imports 25.61%/yr (consistently Surplus) ## Key trade insights: HSN Code 72163100 export-import analysis ### Export decline: -8.67% CAGR over 7 years India's exports under HSN Code 72163100 have declined at a compound annual rate of -8.67% over 7 fiscal years, falling from ₹113.11 Crore in FY 2018-19 to ₹65.66 Crore in FY 2024-25. ### HSN Code 72163100 ranked #3247 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72163100 ranks #3247 out of 12657 HSN codes by total export value. Within Sub-Chapter 7216, it ranks #3 of 16. By trade surplus, it ranks #2407 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72163100 exports The strongest single-year export movement for HSN Code 72163100 was recorded in FY 2021-22, when exports surged by 43.17% over the prior year. ### India maintains a trade surplus of ₹35.49 Crore in HSN Code 72163100 goods In FY 2024-25, India's exports of ₹65.66 Cr exceeded imports of ₹30.17 Cr, resulting in a trade surplus of ₹35.49 Crore — ranking #2407 of 12657 by surplus magnitude. ### Import growth of 25.61% CAGR signals rising demand for U sections (height >= 80mm): U-Channel India's imports under HSN Code 72163100 have grown at 25.61% CAGR, reaching ₹30.17 Crore in FY 2024-25. ### HSN Code 72163100 contributes 9.93% of Sub-Chapter 7216 exports — ranked #3 Among the 16 HSN codes under Sub-Chapter 7216, HSN Code 72163100 ranks #3 by export value — accounting for 9.93% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 10.83% share (rank #2). ## 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 (this hsn code) | ₹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 |