HSN Code 72171030: Steel Products Not Plated or Coated, Thickness Above 26 SWG

HSN Code 72171030 represents Steel Products Not Plated or Coated, Thickness Above 26 SWG under GST classification. This code helps businesses identify Steel Products Not Plated or Coated, Thickness Above 26 SWG correctly for billing, taxation, and trade. With HSN Code 72171030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Steel Products Not Plated or Coated, Thickness Above 26 SWG.

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Description of Goods for HSN Code 72171030

HSN Code 72171030 relates to the following description.

Description of Goods

Not plated or coated, whether or not polished : Of a thickness above 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 72171030 not include?

Steel Products Not Plated or Coated, Thickness Above 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 72171020

Not plated or coated, whether or not polished : Of a thickness above 18 SWG but up to 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 72171030 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

< ₹1 Crore

−85.80% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹9 Cr

−62.38% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹8 Cr

Trade Deficit

Surplus rank #8939 of 12657 HSN codes

% of Sub-Chapter 7217

FY 2024-25

0.10%

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

Import side: 0.92% of Sub-Chapter 7217’s imports

Rank Within Sub-Chapter 7217

FY 2024-25

#14 of 17

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

Import-side rank: #10 of 17

At a glance

−25.35%

Export CAGR

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

#8898

National Export Rank

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

+276.02%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.10%

Contribution to Sub-Ch. 7217

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #6646

Balance

−21.73

Exports

2.60 ₹ Cr

0.0001% share

— YoY

0.94% of Sub-Ch. 7217

Imports

24.33 ₹ Cr

0.0007% share

— YoY

1.60% of Sub-Ch. 7217

FY 2019-20 Exp. Rank #6673

Balance

−13.29

Exports

2.54 ₹ Cr

0.0001% share

−2.31% YoY

0.85% of Sub-Ch. 7217

Imports

15.83 ₹ Cr

0.0005% share

−34.94% YoY

1.60% of Sub-Ch. 7217

FY 2020-21 Exp. Rank #6263

Balance

−11.84

Exports

3.79 ₹ Cr

0.0002% share

+49.21% YoY

1.20% of Sub-Ch. 7217

Imports

15.63 ₹ Cr

0.0005% share

−1.26% YoY

1.78% of Sub-Ch. 7217

FY 2021-22 Exp. Rank #6641

Balance

−24.29

Exports

3.92 ₹ Cr

0.0001% share

+3.43% YoY

0.53% of Sub-Ch. 7217

Imports

28.21 ₹ Cr

0.0006% share

+80.49% YoY

2.58% of Sub-Ch. 7217

FY 2022-23 Exp. Rank #5097

Balance

−31.04

Exports

14.74 ₹ Cr

0.0004% share

+276.02% YoY

3.04% of Sub-Ch. 7217

Imports

45.78 ₹ Cr

0.0008% share

+62.28% YoY

3.81% of Sub-Ch. 7217

FY 2023-24 Exp. Rank #7081

Balance

−20.30

Exports

3.17 ₹ Cr

0.0001% share

−78.49% YoY

0.69% of Sub-Ch. 7217

Imports

23.47 ₹ Cr

0.0004% share

−48.73% YoY

2.07% of Sub-Ch. 7217

FY 2024-25 Exp. Rank #8898

Balance

−8.38

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−85.80% YoY

0.10% of Sub-Ch. 7217

Imports

8.83 ₹ Cr

0.0001% share

−62.38% YoY

0.92% of Sub-Ch. 7217

CAGR · 7-Year

Exports

−25.35% /yr

Imports

−15.54% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72171030 and GST compliance.

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.

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.