--- title: "HSN Code for Other Stainless Steel Products | HSN 72169990 GST Rate" description: "Find HSN and GST Rates for 72169990 related to Other Stainless Steel Products with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72169990/" --- # HSN Code 72169990: Other Stainless Steel Products - [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 | | --- | --- | --- | --- | --- | | Other: Other : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72169990 ? It includes Steel Products Not Plated or Coated, Thickness Above 26 SWG ### How much GST applies to Other Stainless Steel Products? Under HSN 72169990, Other Stainless Steel Products attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Other Stainless Steel Products? 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. ### Does packaging or labelling change the GST for Other Stainless Steel Products? 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. ### Any common misclassification issue with Other Stainless Steel Products? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Other Stainless Steel Products is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Stainless Steel Products; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Other Stainless Steel Products? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 72169990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹24 Cr (+42.90% YoY) — 0.0007% of India's total exports - Imports: ₹5 Cr (−46.58% YoY) — 0.0001% of India's total imports - Trade balance: ₹20 Cr (Surplus); surplus rank #2825 of 12657 HSN codes - Share of Sub-Chapter 7216: 3.70% of its exports; import side 1.71% - Rank within Sub-Chapter 7216: #8 of 16 by export value; import-side #8 ### Key metrics - Export CAGR: -19.10% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4597 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +42.90% in FY 2024-25 - Contribution to Sub-Ch. 7216: 3.70% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72169990 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 | 87.20 | 0.0038% | — | 13.78% | 4.94 | 0.0001% | — | 2.18% | +82.26 | #2169 | | FY 2019-20 | 82.07 | 0.0037% | −5.88% | 14.51% | 10.15 | 0.0003% | +105.47% | 3.70% | +71.92 | #2244 | | FY 2020-21 | 58.95 | 0.0027% | −28.17% | 9.57% | 16.21 | 0.0006% | +59.70% | 7.72% | +42.74 | #2696 | | FY 2021-22 | 39.69 | 0.0013% | −32.67% | 3.18% | 6.09 | 0.0001% | −62.43% | 3.82% | +33.60 | #3687 | | FY 2022-23 | 31.78 | 0.0009% | −19.93% | 2.27% | 4.60 | 0.0001% | −24.47% | 2.80% | +27.18 | #4085 | | FY 2023-24 | 17.11 | 0.0005% | −46.16% | 2.09% | 8.91 | 0.0002% | +93.70% | 3.19% | +8.20 | #4976 | | FY 2024-25 | 24.45 | 0.0007% | +42.90% | 3.70% | 4.76 | 0.0001% | −46.58% | 1.71% | +19.69 | #4597 | - CAGR (7-year): exports -19.10%/yr, imports -0.62%/yr (consistently Surplus) ## Key trade insights: HSN Code 72169990 export-import analysis ### Export decline: -19.10% CAGR over 7 years India's exports under HSN Code 72169990 have declined at a compound annual rate of -19.10% over 7 fiscal years, falling from ₹87.20 Crore in FY 2018-19 to ₹24.45 Crore in FY 2024-25. ### HSN Code 72169990 ranked #4597 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72169990 ranks #4597 out of 12657 HSN codes by total export value. Within Sub-Chapter 7216, it ranks #8 of 16. By trade surplus, it ranks #2825 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 72169990 exports The strongest single-year export movement for HSN Code 72169990 was recorded in FY 2024-25, when exports surged by 42.90% over the prior year. ### India maintains a trade surplus of ₹19.69 Crore in HSN Code 72169990 goods In FY 2024-25, India's exports of ₹24.45 Cr exceeded imports of ₹4.76 Cr, resulting in a trade surplus of ₹19.69 Crore — ranking #2825 of 12657 by surplus magnitude. ### Import growth of -0.62% CAGR signals stable import dependency for Other Stainless Steel Products India's imports under HSN Code 72169990 have grown at -0.62% CAGR, reaching ₹4.76 Crore in FY 2024-25. ### HSN Code 72169990 contributes 3.70% of Sub-Chapter 7216 exports — ranked #8 Among the 16 HSN codes under Sub-Chapter 7216, HSN Code 72169990 ranks #8 by export value — accounting for 3.70% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.71% share (rank #8). ## 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 (this hsn code) | ₹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 |