HSN Code 72163100: U sections (height >= 80mm): U-Channel
HSN Code 72163100 represents U sections (height >= 80mm): U-Channel under GST classification. This code helps businesses identify U sections (height >= 80mm): U-Channel correctly for billing, taxation, and trade. With HSN Code 72163100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of U sections (height >= 80mm): U-Channel.
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 72163100
HSN Code 72163100 relates to the following description.
What does HSN Code 72163100 not include?
U sections (height >= 80mm): U-Channel 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 : L sections
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 : 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 : L sections
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 : 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 72163100 in FY 2024-25
India’s Exports
FY 2024-25₹66 Cr
0.0018% of India’s total exports
India’s Imports
FY 2024-25₹30 Cr
0.0005% of India’s total imports
Trade Balance
FY 2024-25₹35 Cr
Surplus rank #2407 of 12657 HSN codes
% of Sub-Chapter 7216
FY 2024-259.93%
Share of Sub-Chapter 7216’s total exports in FY 2024-25
Import side: 10.83% of Sub-Chapter 7216’s imports
Rank Within Sub-Chapter 7216
FY 2024-25#3 of 16
Position by export value among HSN codes in Sub-Chapter 7216
Import-side rank: #2 of 16
At a glance
−8.67%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3247
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+43.17%
Peak Growth Year
FY 2021-22 · strongest single-year move
9.93%
Contribution to Sub-Ch. 7216
Share of Sub-Chapter 7216 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
+105.43
Exports
113.11 ₹ Cr
0.0050% share
— YoY
17.88% of Sub-Ch. 7216
Imports
7.68 ₹ Cr
0.0002% share
— YoY
3.40% of Sub-Ch. 7216
Balance
+110.34
Exports
117.66 ₹ Cr
0.0053% share
+4.02% YoY
20.80% of Sub-Ch. 7216
Imports
7.32 ₹ Cr
0.0002% share
−4.69% YoY
2.67% of Sub-Ch. 7216
Balance
+73.02
Exports
90.41 ₹ Cr
0.0042% share
−23.16% YoY
14.68% of Sub-Ch. 7216
Imports
17.39 ₹ Cr
0.0006% share
+137.57% YoY
8.28% of Sub-Ch. 7216
Balance
+109.22
Exports
129.44 ₹ Cr
0.0041% share
+43.17% YoY
10.35% of Sub-Ch. 7216
Imports
20.22 ₹ Cr
0.0004% share
+16.27% YoY
12.68% of Sub-Ch. 7216
Balance
+44.32
Exports
68.74 ₹ Cr
0.0019% share
−46.89% YoY
4.91% of Sub-Ch. 7216
Imports
24.42 ₹ Cr
0.0004% share
+20.77% YoY
14.88% of Sub-Ch. 7216
Balance
+37.46
Exports
56.62 ₹ Cr
0.0016% share
−17.63% YoY
6.93% of Sub-Ch. 7216
Imports
19.16 ₹ Cr
0.0003% share
−21.54% YoY
6.86% of Sub-Ch. 7216
Balance
+35.49
Exports
65.66 ₹ Cr
0.0018% share
+15.97% YoY
9.93% of Sub-Ch. 7216
Imports
30.17 ₹ Cr
0.0005% share
+57.46% YoY
10.83% of Sub-Ch. 7216
CAGR · 7-Year
Exports
−8.67% /yr
Imports
25.61% /yr
reference, FY 2024-25
Export
₹661.22 Cr
Import
₹278.51 Cr
Trade Balance
+382.71
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).
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 72163100 and GST compliance.
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.