HSN Code 72173020: Other Base Metal Plated/Coated Wire (>18-26 SWG)

HSN Code 72173020 represents Other Base Metal Plated/Coated Wire (>18-26 SWG) under GST classification. This code helps businesses identify Other Base Metal Plated/Coated Wire (>18-26 SWG) correctly for billing, taxation, and trade. With HSN Code 72173020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Base Metal Plated/Coated Wire (>18-26 SWG).

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Description of Goods for HSN Code 72173020

HSN Code 72173020 relates to the following description.

Description of Goods

Plated or coated with other base metals : 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 72173020 not include?

Other Base Metal 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 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 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 72173020 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

₹17 Cr

+42.08% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

₹70 Cr

−59.43% vs FY 2023-24

0.0012% of India’s total imports

Trade Balance

FY 2024-25

−₹53 Cr

Trade Deficit

Surplus rank #10291 of 12657 HSN codes

% of Sub-Chapter 7217

FY 2024-25

3.74%

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

Import side: 7.33% of Sub-Chapter 7217’s imports

Rank Within Sub-Chapter 7217

FY 2024-25

#6 of 17

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

Import-side rank: #4 of 17

At a glance

−8.24%

Export CAGR

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

#5074

National Export Rank

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

+229.56%

Peak Growth Year

FY 2021-22 · strongest single-year move

3.74%

Contribution to Sub-Ch. 7217

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

India Export-Import Trade Statistics for HSN Code 72173020

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 #3619

Balance

−138.58

Exports

29.02 ₹ Cr

0.0013% share

— YoY

10.50% of Sub-Ch. 7217

Imports

167.60 ₹ Cr

0.0047% share

— YoY

11.02% of Sub-Ch. 7217

FY 2019-20 Exp. Rank #4066

Balance

−115.00

Exports

20.53 ₹ Cr

0.0009% share

−29.26% YoY

6.85% of Sub-Ch. 7217

Imports

135.53 ₹ Cr

0.0040% share

−19.13% YoY

13.69% of Sub-Ch. 7217

FY 2020-21 Exp. Rank #4367

Balance

−131.77

Exports

17.56 ₹ Cr

0.0008% share

−14.47% YoY

5.57% of Sub-Ch. 7217

Imports

149.33 ₹ Cr

0.0051% share

+10.18% YoY

16.98% of Sub-Ch. 7217

FY 2021-22 Exp. Rank #3165

Balance

−117.39

Exports

57.87 ₹ Cr

0.0018% share

+229.56% YoY

7.84% of Sub-Ch. 7217

Imports

175.26 ₹ Cr

0.0038% share

+17.36% YoY

16.05% of Sub-Ch. 7217

FY 2022-23 Exp. Rank #4678

Balance

−136.46

Exports

19.89 ₹ Cr

0.0005% share

−65.63% YoY

4.10% of Sub-Ch. 7217

Imports

156.35 ₹ Cr

0.0027% share

−10.79% YoY

13.03% of Sub-Ch. 7217

FY 2023-24 Exp. Rank #5460

Balance

−161.27

Exports

12.19 ₹ Cr

0.0003% share

−38.71% YoY

2.64% of Sub-Ch. 7217

Imports

173.46 ₹ Cr

0.0031% share

+10.94% YoY

15.32% of Sub-Ch. 7217

FY 2024-25 Exp. Rank #5074

Balance

−53.06

Exports

17.32 ₹ Cr

0.0005% share

+42.08% YoY

3.74% of Sub-Ch. 7217

Imports

70.38 ₹ Cr

0.0012% share

−59.43% YoY

7.33% of Sub-Ch. 7217

CAGR · 7-Year

Exports

−8.24% /yr

Imports

−13.46% /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 72173020 Export-Import Analysis

Export Decline: −8.24% CAGR Over 7 Years

India's exports under HSN Code 72173020 have declined at a compound annual rate of −8.24% over 7 fiscal years, falling from ₹29.02 Crore in FY 2018-19 to ₹17.32 Crore in FY 2024-25.

HSN Code 72173020 Ranked #5074 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72173020 ranks #5074 out of 12657 HSN codes by total export value. Within Sub-Chapter 7217, it ranks #6 of 17. By trade surplus, it ranks #10291 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72173020 Exports

The strongest single-year export movement for HSN Code 72173020 was recorded in FY 2021-22, when exports surged by 229.56% over the prior year.

India Records a Trade Deficit of ₹53.06 Crore in HSN Code 72173020 Goods

In FY 2024-25, India's imports of ₹70.38 Cr exceeded exports of ₹17.32 Cr, resulting in a trade deficit of ₹53.06 Crore — ranking #10291 of 12657 by surplus magnitude.

Import Growth of −13.46% CAGR Signals Stable Import Dependency for Other Base Metal Plated/Coated Wire (>18-26 SWG)

India's imports under HSN Code 72173020 have grown at −13.46% CAGR, reaching ₹70.38 Crore in FY 2024-25.

HSN Code 72173020 Contributes 3.74% of Sub-Chapter 7217 Exports — Ranked #6

Among the 17 HSN codes under Sub-Chapter 7217, HSN Code 72173020 ranks #6 by export value — accounting for 3.74% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.33% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72173020 and GST compliance.

What products are classified under HSN 72173020 ?

It includes Flat & Rectangular Shaped and Profiled Wire

How much GST applies to Other Base Metal Plated/Coated Wire (>18-26 SWG)?

Under HSN 72173020, Other Base Metal 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 Other Base Metal 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.

Does packaging or labelling change the GST for Other Base Metal Plated/Coated Wire (>18-26 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.

How should mixed supplies be billed when Other Base Metal 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 Other Base Metal Plated/Coated Wire (>18-26 SWG); Nil for exempt items if applicable).

Any common misclassification issue with Other Base Metal 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.

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.