HSN Code 72163200: I sections (height >= 80mm): I-Beam

HSN Code 72163200 represents I sections (height >= 80mm): I-Beam under GST classification. This code helps businesses identify I sections (height >= 80mm): I-Beam correctly for billing, taxation, and trade. With HSN Code 72163200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of I sections (height >= 80mm): I-Beam.

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Description of Goods for HSN Code 72163200

HSN Code 72163200 relates to the following description.

Description of Goods

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

Chapter

72 - Iron and steel

Sub Chapter

7216 - Angles, shapes and sections of iron or nonalloy steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72163200 not include?

I sections (height >= 80mm): I-Beam 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 : 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 : 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

India’s Trade Performance — HSN Code 72163200 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹80 Cr

−41.12% vs FY 2023-24

0.0022% of India’s total exports

India’s Imports

FY 2024-25

₹17 Cr

−18.37% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

₹63 Cr

Trade Surplus

Surplus rank #1987 of 12657 HSN codes

% of Sub-Chapter 7216

FY 2024-25

12.10%

Share of Sub-Chapter 7216’s total exports in FY 2024-25

Import side: 6.16% of Sub-Chapter 7216’s imports

Rank Within Sub-Chapter 7216

FY 2024-25

#2 of 16

Position by export value among HSN codes in Sub-Chapter 7216

Import-side rank: #4 of 16

At a glance

6.70%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#2969

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+730.28%

Peak Growth Year

FY 2021-22 · strongest single-year move

12.10%

Contribution to Sub-Ch. 7216

Share of Sub-Chapter 7216 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72163200

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #2741

Balance

+24.56

Exports

54.22 ₹ Cr

0.0024% share

YoY

8.57% of Sub-Ch. 7216

Imports

29.66 ₹ Cr

0.0008% share

YoY

13.11% of Sub-Ch. 7216

FY 2019-20 Exp. Rank #2731

Balance

−40.87

Exports

55.79 ₹ Cr

0.0025% share

+2.90% YoY

9.86% of Sub-Ch. 7216

Imports

96.66 ₹ Cr

0.0029% share

+225.89% YoY

35.26% of Sub-Ch. 7216

FY 2020-21 Exp. Rank #3022

Balance

+28.02

Exports

47.43 ₹ Cr

0.0022% share

−14.98% YoY

7.70% of Sub-Ch. 7216

Imports

19.41 ₹ Cr

0.0007% share

−79.92% YoY

9.24% of Sub-Ch. 7216

FY 2021-22 Exp. Rank #1047

Balance

+374.58

Exports

393.80 ₹ Cr

0.0125% share

+730.28% YoY

31.50% of Sub-Ch. 7216

Imports

19.22 ₹ Cr

0.0004% share

−0.98% YoY

12.05% of Sub-Ch. 7216

FY 2022-23 Exp. Rank #758

Balance

+604.70

Exports

634.50 ₹ Cr

0.0175% share

+61.12% YoY

45.31% of Sub-Ch. 7216

Imports

29.80 ₹ Cr

0.0005% share

+55.05% YoY

18.16% of Sub-Ch. 7216

FY 2023-24 Exp. Rank #2225

Balance

+114.90

Exports

135.91 ₹ Cr

0.0038% share

−78.58% YoY

16.62% of Sub-Ch. 7216

Imports

21.01 ₹ Cr

0.0004% share

−29.50% YoY

7.52% of Sub-Ch. 7216

FY 2024-25 Exp. Rank #2969

Balance

+62.87

Exports

80.02 ₹ Cr

0.0022% share

−41.12% YoY

12.10% of Sub-Ch. 7216

Imports

17.15 ₹ Cr

0.0003% share

−18.37% YoY

6.16% of Sub-Ch. 7216

CAGR · 7-Year

Exports

6.70% /yr

Imports

−8.73% /yr

Consistently Surplus
Sub-Chapter 7216 total

reference, FY 2024-25

Export

₹661.22 Cr

Import

₹278.51 Cr

Trade Balance

+382.71

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72163200 Export-Import Analysis

Consistent Export Growth: 6.70% CAGR Over 7 Years

India's exports under HSN Code 72163200 have grown at a compound annual rate of 6.70% over 7 fiscal years, rising from ₹54.22 Crore in FY 2018-19 to ₹80.02 Crore in FY 2024-25.

HSN Code 72163200 Ranked #2969 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72163200 ranks #2969 out of 12657 HSN codes by total export value. Within Sub-Chapter 7216, it ranks #2 of 16. By trade surplus, it ranks #1987 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72163200 Exports

The strongest single-year export movement for HSN Code 72163200 was recorded in FY 2021-22, when exports surged by 730.28% over the prior year.

India Maintains a Trade Surplus of ₹62.87 Crore in HSN Code 72163200 Goods

In FY 2024-25, India's exports of ₹80.02 Cr exceeded imports of ₹17.15 Cr, resulting in a trade surplus of ₹62.87 Crore — ranking #1987 of 12657 by surplus magnitude.

Import Growth of −8.73% CAGR Signals Stable Import Dependency for I sections (height >= 80mm): I-Beam

India's imports under HSN Code 72163200 have grown at −8.73% CAGR, reaching ₹17.15 Crore in FY 2024-25.

HSN Code 72163200 Contributes 12.10% of Sub-Chapter 7216 Exports — Ranked #2

Among the 16 HSN codes under Sub-Chapter 7216, HSN Code 72163200 ranks #2 by export value — accounting for 12.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.16% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72163200 and GST compliance.

What products are classified under HSN 72163200 ?

It includes Other Hot-Rolled/Drawn/Extruded Angles/Shapes/Sections

How should mixed supplies be billed when I sections (height >= 80mm): I-Beam is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for I sections (height >= 80mm): I-Beam; Nil for exempt items if applicable).

Does packaging or labelling change the GST for I sections (height >= 80mm): I-Beam?

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.

Can we claim ITC on inputs used to trade I sections (height >= 80mm): I-Beam?

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 I sections (height >= 80mm): I-Beam?

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 I sections (height >= 80mm): I-Beam?

Under HSN 72163200, I sections (height >= 80mm): I-Beam attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with I sections (height >= 80mm): I-Beam?

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

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.