--- title: "HSN Code for Non-Plated/Coated Wire (>18-26 SWG) | HSN 72171020 GST Rate" description: "Find HSN and GST Rates for 72171020 related to Non-Plated/Coated Wire (>18-26 SWG) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72171020/" --- # HSN Code 72171020: Non-Plated/Coated Wire (>18-26 SWG) - [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 7217: Iron/non-alloy steel wire](https://busy.in/hsn/sub-chapter-7217/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Not plated or coated, whether or not polished : Of a thickness above 18 SWG but up to 26 SWG | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72171020 ? It includes Zinc-Coated Steel Products: Thickness >18 SWG ≤ 26 SWG ### Any common misclassification issue with Non-Plated/Coated Wire (>18-26 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 (>18-26 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 (>18-26 SWG); Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Non-Plated/Coated Wire (>18-26 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. ### How much GST applies to Non-Plated/Coated Wire (>18-26 SWG)? Under HSN 72171020, Non-Plated/Coated Wire (>18-26 SWG) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Non-Plated/Coated Wire (>18-26 SWG)? 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 72171020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹79 Cr (+49.49% YoY) — 0.0021% of India's total exports - Imports: ₹15 Cr (+125.36% YoY) — 0.0003% of India's total imports - Trade balance: ₹63 Cr (Surplus); surplus rank #1982 of 12657 HSN codes - Share of Sub-Chapter 7217: 17.00% of its exports; import side 1.61% - Rank within Sub-Chapter 7217: #2 of 17 by export value; import-side #8 ### Key metrics - Export CAGR: 20.06% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2993 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +111.43% in FY 2021-22 - Contribution to Sub-Ch. 7217: 17.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72171020 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. 7217 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7217 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 26.31 | 0.0012% | — | 9.52% | 4.37 | 0.0001% | — | 0.29% | +21.94 | #3739 | | FY 2019-20 | 32.43 | 0.0015% | +23.26% | 10.81% | 10.80 | 0.0003% | +147.14% | 1.09% | +21.63 | #3498 | | FY 2020-21 | 24.24 | 0.0011% | −25.25% | 7.69% | 3.03 | 0.0001% | −71.94% | 0.34% | +21.21 | #3944 | | FY 2021-22 | 51.25 | 0.0016% | +111.43% | 6.94% | 7.07 | 0.0002% | +133.33% | 0.65% | +44.18 | #3330 | | FY 2022-23 | 47.88 | 0.0013% | −6.58% | 9.88% | 5.16 | 0.0001% | −27.02% | 0.43% | +42.72 | #3539 | | FY 2023-24 | 52.72 | 0.0015% | +10.11% | 11.44% | 6.86 | 0.0001% | +32.95% | 0.61% | +45.86 | #3454 | | FY 2024-25 | 78.81 | 0.0021% | +49.49% | 17.00% | 15.46 | 0.0003% | +125.36% | 1.61% | +63.35 | #2993 | - CAGR (7-year): exports 20.06%/yr, imports 23.44%/yr (consistently Surplus) ## Key trade insights: HSN Code 72171020 export-import analysis ### Consistent export growth: 20.06% CAGR over 7 years India's exports under HSN Code 72171020 have grown at a compound annual rate of 20.06% over 7 fiscal years, rising from ₹26.31 Crore in FY 2018-19 to ₹78.81 Crore in FY 2024-25. ### HSN Code 72171020 ranked #2993 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72171020 ranks #2993 out of 12657 HSN codes by total export value. Within Sub-Chapter 7217, it ranks #2 of 17. By trade surplus, it ranks #1982 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72171020 exports The strongest single-year export movement for HSN Code 72171020 was recorded in FY 2021-22, when exports surged by 111.43% over the prior year. ### India maintains a trade surplus of ₹63.35 Crore in HSN Code 72171020 goods In FY 2024-25, India's exports of ₹78.81 Cr exceeded imports of ₹15.46 Cr, resulting in a trade surplus of ₹63.35 Crore — ranking #1982 of 12657 by surplus magnitude. ### Import growth of 23.44% CAGR signals rising demand for Non-Plated/Coated Wire (>18-26 SWG) India's imports under HSN Code 72171020 have grown at 23.44% CAGR, reaching ₹15.46 Crore in FY 2024-25. ### HSN Code 72171020 contributes 17.00% of Sub-Chapter 7217 exports — ranked #2 Among the 17 HSN codes under Sub-Chapter 7217, HSN Code 72171020 ranks #2 by export value — accounting for 17.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.61% share (rank #8). ## Related HSN Codes in Sub-Chapter 7217 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72172010: Zinc coated, 18 SWG and below](https://busy.in/hsn/hsn-72172010/) | ₹215 Cr | | #2 | HSN Code 72171020: Non-Plated/Coated Wire (>18-26 SWG) (this hsn code) | ₹79 Cr | | #3 | [HSN Code 72171010: Non-Plated/Coated Wire (≤18 SWG)](https://busy.in/hsn/hsn-72171010/) | ₹70 Cr | | #4 | [HSN Code 72173010: Steel Sheets Plated or Coated with Base Metals: Thickness ≤ 18 SWG](https://busy.in/hsn/hsn-72173010/) | ₹29 Cr | | #5 | [HSN Code 72172020: Zinc-Coated Steel Products: Thickness >18 SWG ≤ 26 SWG](https://busy.in/hsn/hsn-72172020/) | ₹26 Cr | | #6 | [HSN Code 72173020: Other Base Metal Plated/Coated Wire (>18-26 SWG)](https://busy.in/hsn/hsn-72173020/) | ₹17 Cr | | #7 | [HSN Code 72179099: Wire of iron or non-alloy steel \| Other](https://busy.in/hsn/hsn-72179099/) | ₹15 Cr | | #8 | [HSN Code 72179019: Shaped wire other shapes](https://busy.in/hsn/hsn-72179019/) | ₹3 Cr | | #9 | [HSN Code 72179091: Other : Other : High tensile quality](https://busy.in/hsn/hsn-72179091/) | ₹3 Cr | | #10 | [HSN Code 72179092: Other \| Other \| Electrode Quality](https://busy.in/hsn/hsn-72179092/) | ₹2 Cr |