HSN Code 72169990: Other Stainless Steel Products

HSN Code 72169990 represents Other Stainless Steel Products under GST classification. This code helps businesses identify Other Stainless Steel Products correctly for billing, taxation, and trade. With HSN Code 72169990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Stainless Steel Products.

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Description of Goods for HSN Code 72169990

HSN Code 72169990 relates to the following description.

Description of Goods

Other: Other : Other

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 72169990 not include?

Other Stainless Steel Products 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 : 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

India’s Trade Performance — HSN Code 72169990 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

₹24 Cr

+42.90% vs FY 2023-24

0.0007% of India’s total exports

India’s Imports

FY 2024-25

₹5 Cr

−46.58% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹20 Cr

Trade Surplus

Surplus rank #2825 of 12657 HSN codes

% of Sub-Chapter 7216

FY 2024-25

3.70%

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

Import side: 1.71% of Sub-Chapter 7216’s imports

Rank Within Sub-Chapter 7216

FY 2024-25

#8 of 16

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

Import-side rank: #8 of 16

At a glance

−19.10%

Export CAGR

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

#4597

National Export Rank

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

+42.90%

Peak Growth Year

FY 2024-25 · strongest single-year move

3.70%

Contribution to Sub-Ch. 7216

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #2169

Balance

+82.26

Exports

87.20 ₹ Cr

0.0038% share

YoY

13.78% of Sub-Ch. 7216

Imports

4.94 ₹ Cr

0.0001% share

YoY

2.18% of Sub-Ch. 7216

FY 2019-20 Exp. Rank #2244

Balance

+71.92

Exports

82.07 ₹ Cr

0.0037% share

−5.88% YoY

14.51% of Sub-Ch. 7216

Imports

10.15 ₹ Cr

0.0003% share

+105.47% YoY

3.70% of Sub-Ch. 7216

FY 2020-21 Exp. Rank #2696

Balance

+42.74

Exports

58.95 ₹ Cr

0.0027% share

−28.17% YoY

9.57% of Sub-Ch. 7216

Imports

16.21 ₹ Cr

0.0006% share

+59.70% YoY

7.72% of Sub-Ch. 7216

FY 2021-22 Exp. Rank #3687

Balance

+33.60

Exports

39.69 ₹ Cr

0.0013% share

−32.67% YoY

3.18% of Sub-Ch. 7216

Imports

6.09 ₹ Cr

0.0001% share

−62.43% YoY

3.82% of Sub-Ch. 7216

FY 2022-23 Exp. Rank #4085

Balance

+27.18

Exports

31.78 ₹ Cr

0.0009% share

−19.93% YoY

2.27% of Sub-Ch. 7216

Imports

4.60 ₹ Cr

0.0001% share

−24.47% YoY

2.80% of Sub-Ch. 7216

FY 2023-24 Exp. Rank #4976

Balance

+8.20

Exports

17.11 ₹ Cr

0.0005% share

−46.16% YoY

2.09% of Sub-Ch. 7216

Imports

8.91 ₹ Cr

0.0002% share

+93.70% YoY

3.19% of Sub-Ch. 7216

FY 2024-25 Exp. Rank #4597

Balance

+19.69

Exports

24.45 ₹ Cr

0.0007% share

+42.90% YoY

3.70% of Sub-Ch. 7216

Imports

4.76 ₹ Cr

0.0001% share

−46.58% YoY

1.71% of Sub-Ch. 7216

CAGR · 7-Year

Exports

−19.10% /yr

Imports

−0.62% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72169990 and GST compliance.

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.

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.