---
title: "HSN Code for Stainless Steel Wire | HSN 72164000 GST Rate"
description: "Find HSN and GST Rates for 72164000 related to Stainless Steel Wire with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72164000/"
---

# HSN Code 72164000: Stainless Steel Wire

- [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 |
| --- | --- | --- | --- | --- |
| L or T sections, not further worked than hot-rolled, hot-drawn or extruded, of a height of 80 mm or more | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72164000 ?

It includes Angles & Sections (Other Cold-Formed)

### Does packaging or labelling change the GST for Stainless Steel Wire?

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 Stainless Steel Wire?

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 Wire?

Under HSN 72164000, Stainless Steel Wire attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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

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.

### Any common misclassification issue with Stainless Steel Wire?

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 72164000 (FY 2024-25)

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

- Exports: ₹23 Cr (−20.08% YoY) — 0.0006% of India's total exports
- Imports: ₹2 Cr (+383.87% YoY) — 0.0000% of India's total imports
- Trade balance: ₹22 Cr (Surplus); surplus rank #2768 of 12657 HSN codes
- Share of Sub-Chapter 7216: 3.50% of its exports; import side 0.54%
- Rank within Sub-Chapter 7216: #9 of 16 by export value; import-side #10

### Key metrics

- Export CAGR: -2.12% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #4669 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +23.78% in FY 2022-23
- Contribution to Sub-Ch. 7216: 3.50% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72164000

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 | 26.29 | 0.0012% | — | 4.16% | < ₹1 Crore | 0.0000% | — | 0.24% | +25.75 | #3740 |
| FY 2019-20 | 18.72 | 0.0009% | −28.79% | 3.31% | 1.05 | 0.0000% | +94.44% | 0.38% | +17.67 | #4202 |
| FY 2020-21 | 21.27 | 0.0010% | +13.62% | 3.45% | 3.14 | 0.0001% | +199.05% | 1.49% | +18.13 | #4107 |
| FY 2021-22 | 23.42 | 0.0007% | +10.11% | 1.87% | < ₹1 Crore | 0.0000% | −90.76% | 0.18% | +23.13 | #4388 |
| FY 2022-23 | 28.99 | 0.0008% | +23.78% | 2.07% | 1.14 | 0.0000% | +293.10% | 0.69% | +27.85 | #4219 |
| FY 2023-24 | 28.93 | 0.0008% | −0.21% | 3.54% | < ₹1 Crore | 0.0000% | −72.81% | 0.11% | +28.62 | #4293 |
| FY 2024-25 | 23.12 | 0.0006% | −20.08% | 3.50% | 1.50 | 0.0000% | +383.87% | 0.54% | +21.62 | #4669 |

- CAGR (7-year): exports -2.12%/yr, imports 18.56%/yr (consistently Surplus)

## Key trade insights: HSN Code 72164000 export-import analysis

### Export decline: -2.12% CAGR over 7 years

India's exports under HSN Code 72164000 have declined at a compound annual rate of -2.12% over 7 fiscal years, falling from ₹26.29 Crore in FY 2018-19 to ₹23.12 Crore in FY 2024-25.

### HSN Code 72164000 ranked #4669 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72164000 ranks #4669 out of 12657 HSN codes by total export value. Within Sub-Chapter 7216, it ranks #9 of 16. By trade surplus, it ranks #2768 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 72164000 exports

The strongest single-year export movement for HSN Code 72164000 was recorded in FY 2022-23, when exports surged by 23.78% over the prior year.

### India maintains a trade surplus of ₹21.62 Crore in HSN Code 72164000 goods

In FY 2024-25, India's exports of ₹23.12 Cr exceeded imports of ₹1.50 Cr, resulting in a trade surplus of ₹21.62 Crore — ranking #2768 of 12657 by surplus magnitude.

### Import growth of 18.56% CAGR signals rising demand for Stainless Steel Wire

India's imports under HSN Code 72164000 have grown at 18.56% CAGR, reaching ₹1.50 Crore in FY 2024-25.

### HSN Code 72164000 contributes 3.50% of Sub-Chapter 7216 exports — ranked #9

Among the 16 HSN codes under Sub-Chapter 7216, HSN Code 72164000 ranks #9 by export value — accounting for 3.50% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.54% share (rank #10).

## 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 (this hsn code) | ₹23 Cr |
| #10 | [HSN Code 72166900: Angles & Sections (Other Cold-Formed)](https://busy.in/hsn/hsn-72166900/) | ₹19 Cr |