HSN Code 72171010: Non-Plated/Coated Wire (≤18 SWG)

HSN Code 72171010 represents Non-Plated/Coated Wire (≤18 SWG) under GST classification. This code helps businesses identify Non-Plated/Coated Wire (≤18 SWG) correctly for billing, taxation, and trade. With HSN Code 72171010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Non-Plated/Coated Wire (≤18 SWG).

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Description of Goods for HSN Code 72171010

HSN Code 72171010 relates to the following description.

Description of Goods

Not plated or coated, whether or not polished : Of a thickness of 18 SWG and below

Chapter

72 - Iron and steel

Sub Chapter

7217 - Wire of iron or non-alloy steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72171010 not include?

Non-Plated/Coated Wire (≤18 SWG) does not include products with the following descriptions.

HSN Code 72171020

Not plated or coated, whether or not polished : Of a thickness above 18 SWG but up to 26 SWG

HSN Code 72171030

Not plated or coated, whether or not polished : Of a thickness above 26 SWG

HSN Code 72173010

Plated or coated with other base metals : Of a thickness of 18 SWG and below

HSN Code 72173020

Plated or coated with other base metals : Of a thickness above 18 SWG but up to 26 SWG

HSN Code 72179012

Other : Shaped and profiled wire : Of cross section – flat and rectangular

HSN Code 72179093

Other : Other : Electric resistance wire (including electric resistance heating wire)

India’s Trade Performance — HSN Code 72171010 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

₹70 Cr

+12.42% vs FY 2023-24

0.0019% of India’s total exports

India’s Imports

FY 2024-25

₹98 Cr

+9.44% vs FY 2023-24

0.0016% of India’s total imports

Trade Balance

FY 2024-25

−₹27 Cr

Trade Deficit

Surplus rank #9778 of 12657 HSN codes

% of Sub-Chapter 7217

FY 2024-25

15.19%

Share of Sub-Chapter 7217’s total exports in FY 2024-25

Import side: 10.16% of Sub-Chapter 7217’s imports

Rank Within Sub-Chapter 7217

FY 2024-25

#3 of 17

Position by export value among HSN codes in Sub-Chapter 7217

Import-side rank: #3 of 17

At a glance

6.18%

Export CAGR

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

#3143

National Export Rank

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

+95.70%

Peak Growth Year

FY 2021-22 · strongest single-year move

15.19%

Contribution to Sub-Ch. 7217

Share of Sub-Chapter 7217 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72171010

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 #2879

Balance

−51.67

Exports

49.12 ₹ Cr

0.0021% share

— YoY

17.78% of Sub-Ch. 7217

Imports

100.79 ₹ Cr

0.0028% share

— YoY

6.63% of Sub-Ch. 7217

FY 2019-20 Exp. Rank #2674

Balance

−30.43

Exports

58.04 ₹ Cr

0.0026% share

+18.16% YoY

19.35% of Sub-Ch. 7217

Imports

88.47 ₹ Cr

0.0026% share

−12.22% YoY

8.94% of Sub-Ch. 7217

FY 2020-21 Exp. Rank #2642

Balance

−19.86

Exports

61.84 ₹ Cr

0.0029% share

+6.55% YoY

19.61% of Sub-Ch. 7217

Imports

81.70 ₹ Cr

0.0028% share

−7.65% YoY

9.29% of Sub-Ch. 7217

FY 2021-22 Exp. Rank #2174

Balance

+45.00

Exports

121.02 ₹ Cr

0.0039% share

+95.70% YoY

16.40% of Sub-Ch. 7217

Imports

76.02 ₹ Cr

0.0017% share

−6.95% YoY

6.96% of Sub-Ch. 7217

FY 2022-23 Exp. Rank #2550

Balance

+23.99

Exports

98.46 ₹ Cr

0.0027% share

−18.64% YoY

20.32% of Sub-Ch. 7217

Imports

74.47 ₹ Cr

0.0013% share

−2.04% YoY

6.20% of Sub-Ch. 7217

FY 2023-24 Exp. Rank #3222

Balance

−26.60

Exports

62.62 ₹ Cr

0.0017% share

−36.40% YoY

13.59% of Sub-Ch. 7217

Imports

89.22 ₹ Cr

0.0016% share

+19.81% YoY

7.88% of Sub-Ch. 7217

FY 2024-25 Exp. Rank #3143

Balance

−27.24

Exports

70.40 ₹ Cr

0.0019% share

+12.42% YoY

15.19% of Sub-Ch. 7217

Imports

97.64 ₹ Cr

0.0016% share

+9.44% YoY

10.16% of Sub-Ch. 7217

CAGR · 7-Year

Exports

6.18% /yr

Imports

−0.53% /yr

Consistently Deficit
Sub-Chapter 7217 total

reference, FY 2024-25

Export

₹463.47 Cr

Import

₹960.60 Cr

Trade Balance

−497.13

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

Key Trade Insights: HSN Code 72171010 Export-Import Analysis

Consistent Export Growth: 6.18% CAGR Over 7 Years

India's exports under HSN Code 72171010 have grown at a compound annual rate of 6.18% over 7 fiscal years, rising from ₹49.12 Crore in FY 2018-19 to ₹70.40 Crore in FY 2024-25.

HSN Code 72171010 Ranked #3143 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72171010 ranks #3143 out of 12657 HSN codes by total export value. Within Sub-Chapter 7217, it ranks #3 of 17. By trade surplus, it ranks #9778 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72171010 Exports

The strongest single-year export movement for HSN Code 72171010 was recorded in FY 2021-22, when exports surged by 95.70% over the prior year.

India Records a Trade Deficit of ₹27.24 Crore in HSN Code 72171010 Goods

In FY 2024-25, India's imports of ₹97.64 Cr exceeded exports of ₹70.40 Cr, resulting in a trade deficit of ₹27.24 Crore — ranking #9778 of 12657 by surplus magnitude.

Import Growth of −0.53% CAGR Signals Stable Import Dependency for Non-Plated/Coated Wire (≤18 SWG)

India's imports under HSN Code 72171010 have grown at −0.53% CAGR, reaching ₹97.64 Crore in FY 2024-25.

HSN Code 72171010 Contributes 15.19% of Sub-Chapter 7217 Exports — Ranked #3

Among the 17 HSN codes under Sub-Chapter 7217, HSN Code 72171010 ranks #3 by export value — accounting for 15.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 10.16% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72171010 and GST compliance.

What products are classified under HSN 72171010 ?

It includes Zinc coated, 18 SWG and below

Do e‑way bill and e‑invoice apply for Non-Plated/Coated Wire (≤18 SWG)?

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 Non-Plated/Coated Wire (≤18 SWG)?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Does packaging or labelling change the GST for Non-Plated/Coated Wire (≤18 SWG)?

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 Non-Plated/Coated Wire (≤18 SWG)?

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 Non-Plated/Coated Wire (≤18 SWG) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Non-Plated/Coated Wire (≤18 SWG); Nil for exempt items if applicable).

How much GST applies to Non-Plated/Coated Wire (≤18 SWG)?

Under HSN 72171010, Non-Plated/Coated Wire (≤18 SWG) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.