HSN Code 72179011: Half round profiled wires

HSN Code 72179011 represents Half round profiled wires under GST classification. This code helps businesses identify Half round profiled wires correctly for billing, taxation, and trade. With HSN Code 72179011, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Half round profiled wires.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 72179011

HSN Code 72179011 relates to the following description.

Description of Goods

Other : Shaped and profiled wire : Of cross section – half round

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 72179011 not include?

Half round profiled wires does not include products with the following descriptions.

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

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

Not plated or coated, whether or not polished : Of a thickness above 26 SWG

Plated or coated with other base metals : Of a thickness of 18 SWG and below

Plated or coated with other base metals : Of a thickness above 18 SWG but up to 26 SWG

Other : Shaped and profiled wire : Of cross section – flat and rectangular

Other : Other : Electric resistance wire (including electric resistance heating wire)

India’s Trade Performance — HSN Code 72179011 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

−45.45% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4974 of 12657 HSN codes

% of Sub-Chapter 7217

FY 2024-25

0.06%

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

Import side: 0.00% of Sub-Chapter 7217’s imports

Rank Within Sub-Chapter 7217

FY 2024-25

#15 of 17

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

At a glance

76.27%

Export CAGR

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

#9201

National Export Rank

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

+200.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.06%

Contribution to Sub-Ch. 7217

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

India Export-Import Trade Statistics for HSN Code 72179011

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 #9921

Balance

−1.41

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7217

Imports

1.42 ₹ Cr

0.0000% share

YoY

0.09% of Sub-Ch. 7217

FY 2019-20

Balance

−0.59

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7217

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−58.45% YoY

0.06% of Sub-Ch. 7217

FY 2020-21 Exp. Rank #9278

Balance

+0.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.03% of Sub-Ch. 7217

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−98.31% YoY

0.00% of Sub-Ch. 7217

FY 2021-22 Exp. Rank #9011

Balance

+0.27

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+200.00% YoY

0.04% of Sub-Ch. 7217

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7217

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7217

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7217

FY 2023-24 Exp. Rank #8723

Balance

+0.55

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.12% of Sub-Ch. 7217

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7217

FY 2024-25 Exp. Rank #9201

Balance

+0.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−45.45% YoY

0.06% of Sub-Ch. 7217

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7217

CAGR · 7-Year

Exports

76.27% /yr

Imports

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 72179011 Export-Import Analysis

Consistent Export Growth: 76.27% CAGR Over 7 Years

India's exports under HSN Code 72179011 have grown at a compound annual rate of 76.27% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.30 Crore in FY 2024-25.

HSN Code 72179011 Ranked #9201 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72179011 ranks #9201 out of 12657 HSN codes by total export value. Within Sub-Chapter 7217, it ranks #15 of 17. By trade surplus, it ranks #4974 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72179011 Exports

The strongest single-year export movement for HSN Code 72179011 was recorded in FY 2021-22, when exports surged by 200.00% over the prior year.

India Maintains a Trade Surplus of ₹0.30 Crore in HSN Code 72179011 Goods

In FY 2024-25, India's exports of ₹0.30 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.30 Crore — ranking #4974 of 12657 by surplus magnitude.

HSN Code 72179011 Contributes 0.06% of Sub-Chapter 7217 Exports — Ranked #15

Among the 17 HSN codes under Sub-Chapter 7217, HSN Code 72179011 ranks #15 by export value — accounting for 0.06% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 72179011 and GST compliance.

What products are classified under HSN 72179011 ?

It includes Shaped wire other shapes

Any common misclassification issue with Half round profiled wires?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Do e‑way bill and e‑invoice apply for Half round profiled wires?

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.

Can we claim ITC on inputs used to trade Half round profiled wires?

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 Half round profiled wires?

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 Half round profiled wires is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Half round profiled wires; Nil for exempt items if applicable).

How much GST applies to Half round profiled wires?

Under HSN 72179011, Half round profiled wires 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.