HSN Code 72171020: Non-Plated/Coated Wire (>18-26 SWG)

HSN Code 72171020 represents Non-Plated/Coated Wire (>18-26 SWG) under GST classification. This code helps businesses identify Non-Plated/Coated Wire (>18-26 SWG) correctly for billing, taxation, and trade. With HSN Code 72171020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Non-Plated/Coated Wire (>18-26 SWG).

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Description of Goods for HSN Code 72171020

HSN Code 72171020 relates to the following description.

Description of Goods

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

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 72171020 not include?

Non-Plated/Coated Wire (>18-26 SWG) does not include products with the following descriptions.

HSN Code 72171010

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

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 72171020 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

₹79 Cr

+49.49% vs FY 2023-24

0.0021% of India’s total exports

India’s Imports

FY 2024-25

₹15 Cr

+125.36% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

₹63 Cr

Trade Surplus

Surplus rank #1982 of 12657 HSN codes

% of Sub-Chapter 7217

FY 2024-25

17.00%

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

Import side: 1.61% of Sub-Chapter 7217’s imports

Rank Within Sub-Chapter 7217

FY 2024-25

#2 of 17

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

Import-side rank: #8 of 17

At a glance

20.06%

Export CAGR

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

#2993

National Export Rank

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

+111.43%

Peak Growth Year

FY 2021-22 · strongest single-year move

17.00%

Contribution to Sub-Ch. 7217

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #3739

Balance

+21.94

Exports

26.31 ₹ Cr

0.0012% share

— YoY

9.52% of Sub-Ch. 7217

Imports

4.37 ₹ Cr

0.0001% share

— YoY

0.29% of Sub-Ch. 7217

FY 2019-20 Exp. Rank #3498

Balance

+21.63

Exports

32.43 ₹ Cr

0.0015% share

+23.26% YoY

10.81% of Sub-Ch. 7217

Imports

10.80 ₹ Cr

0.0003% share

+147.14% YoY

1.09% of Sub-Ch. 7217

FY 2020-21 Exp. Rank #3944

Balance

+21.21

Exports

24.24 ₹ Cr

0.0011% share

−25.25% YoY

7.69% of Sub-Ch. 7217

Imports

3.03 ₹ Cr

0.0001% share

−71.94% YoY

0.34% of Sub-Ch. 7217

FY 2021-22 Exp. Rank #3330

Balance

+44.18

Exports

51.25 ₹ Cr

0.0016% share

+111.43% YoY

6.94% of Sub-Ch. 7217

Imports

7.07 ₹ Cr

0.0002% share

+133.33% YoY

0.65% of Sub-Ch. 7217

FY 2022-23 Exp. Rank #3539

Balance

+42.72

Exports

47.88 ₹ Cr

0.0013% share

−6.58% YoY

9.88% of Sub-Ch. 7217

Imports

5.16 ₹ Cr

0.0001% share

−27.02% YoY

0.43% of Sub-Ch. 7217

FY 2023-24 Exp. Rank #3454

Balance

+45.86

Exports

52.72 ₹ Cr

0.0015% share

+10.11% YoY

11.44% of Sub-Ch. 7217

Imports

6.86 ₹ Cr

0.0001% share

+32.95% YoY

0.61% of Sub-Ch. 7217

FY 2024-25 Exp. Rank #2993

Balance

+63.35

Exports

78.81 ₹ Cr

0.0021% share

+49.49% YoY

17.00% of Sub-Ch. 7217

Imports

15.46 ₹ Cr

0.0003% share

+125.36% YoY

1.61% of Sub-Ch. 7217

CAGR · 7-Year

Exports

20.06% /yr

Imports

23.44% /yr

Consistently Surplus
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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72171020 and GST compliance.

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.

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.