--- title: "HSN Code for Steel Products Not Plated or Coated, Thickness Above 26 SWG | HSN 72171030 GST Rate" description: "Find HSN and GST Rates for 72171030 related to Steel Products Not Plated or Coated, Thickness Above 26 SWG with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72171030/" --- # HSN Code 72171030: Steel Products Not Plated or Coated, Thickness Above 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 26 SWG | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72171030 ? It includes Zinc coated, thickness above 26 SWG ### Do e‑way bill and e‑invoice apply for Steel Products Not Plated or Coated, Thickness Above 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 should mixed supplies be billed when Steel Products Not Plated or Coated, Thickness Above 26 SWG is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Steel Products Not Plated or Coated, Thickness Above 26 SWG; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Steel Products Not Plated or Coated, Thickness Above 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. ### Any common misclassification issue with Steel Products Not Plated or Coated, Thickness Above 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 much GST applies to Steel Products Not Plated or Coated, Thickness Above 26 SWG? Under HSN 72171030, Steel Products Not Plated or Coated, Thickness Above 26 SWG attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 72171030 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−85.80% YoY) — 0.0000% of India's total exports - Imports: ₹9 Cr (−62.38% YoY) — 0.0001% of India's total imports - Trade balance: −₹8 Cr (Deficit); surplus rank #8939 of 12657 HSN codes - Share of Sub-Chapter 7217: 0.10% of its exports; import side 0.92% - Rank within Sub-Chapter 7217: #14 of 17 by export value; import-side #10 ### Key metrics - Export CAGR: -25.35% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8898 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +276.02% in FY 2022-23 - Contribution to Sub-Ch. 7217: 0.10% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72171030 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 | 2.60 | 0.0001% | — | 0.94% | 24.33 | 0.0007% | — | 1.60% | −21.73 | #6646 | | FY 2019-20 | 2.54 | 0.0001% | −2.31% | 0.85% | 15.83 | 0.0005% | −34.94% | 1.60% | −13.29 | #6673 | | FY 2020-21 | 3.79 | 0.0002% | +49.21% | 1.20% | 15.63 | 0.0005% | −1.26% | 1.78% | −11.84 | #6263 | | FY 2021-22 | 3.92 | 0.0001% | +3.43% | 0.53% | 28.21 | 0.0006% | +80.49% | 2.58% | −24.29 | #6641 | | FY 2022-23 | 14.74 | 0.0004% | +276.02% | 3.04% | 45.78 | 0.0008% | +62.28% | 3.81% | −31.04 | #5097 | | FY 2023-24 | 3.17 | 0.0001% | −78.49% | 0.69% | 23.47 | 0.0004% | −48.73% | 2.07% | −20.30 | #7081 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −85.80% | 0.10% | 8.83 | 0.0001% | −62.38% | 0.92% | −8.38 | #8898 | - CAGR (7-year): exports -25.35%/yr, imports -15.54%/yr (consistently Deficit) ## Key trade insights: HSN Code 72171030 export-import analysis ### Export decline: -25.35% CAGR over 7 years India's exports under HSN Code 72171030 have declined at a compound annual rate of -25.35% over 7 fiscal years, falling from ₹2.60 Crore in FY 2018-19 to ₹0.45 Crore in FY 2024-25. ### HSN Code 72171030 ranked #8898 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72171030 ranks #8898 out of 12657 HSN codes by total export value. Within Sub-Chapter 7217, it ranks #14 of 17. By trade surplus, it ranks #8939 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 72171030 exports The strongest single-year export movement for HSN Code 72171030 was recorded in FY 2022-23, when exports surged by 276.02% over the prior year. ### India records a trade deficit of ₹8.38 Crore in HSN Code 72171030 goods In FY 2024-25, India's imports of ₹8.83 Cr exceeded exports of ₹0.45 Cr, resulting in a trade deficit of ₹8.38 Crore — ranking #8939 of 12657 by surplus magnitude. ### Import growth of -15.54% CAGR signals stable import dependency for Steel Products Not Plated or Coated, Thickness Above 26 SWG India's imports under HSN Code 72171030 have grown at -15.54% CAGR, reaching ₹8.83 Crore in FY 2024-25. ### HSN Code 72171030 contributes 0.10% of Sub-Chapter 7217 exports — ranked #14 Among the 17 HSN codes under Sub-Chapter 7217, HSN Code 72171030 ranks #14 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.92% share (rank #10). ## 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)](https://busy.in/hsn/hsn-72171020/) | ₹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 | | #14 | HSN Code 72171030: Steel Products Not Plated or Coated, Thickness Above 26 SWG (this hsn code) | < ₹1 Crore |