--- title: "HSN Code for Flat & Rectangular Shaped and Profiled Wire | HSN 72179012 GST Rate" description: "Find HSN and GST Rates for 72179012 related to Flat & Rectangular Shaped and Profiled Wire with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72179012/" --- # HSN Code 72179012: Flat & Rectangular Shaped and Profiled Wire - [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 | | --- | --- | --- | --- | --- | | Other : Shaped and profiled wire : Of cross section – flat and rectangular | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72179012 ? It includes Other : Other : High tensile quality ### Can we claim ITC on inputs used to trade Flat & Rectangular Shaped and Profiled Wire? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Flat & Rectangular Shaped and Profiled Wire is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Flat & Rectangular Shaped and Profiled Wire; Nil for exempt items if applicable). ### How much GST applies to Flat & Rectangular Shaped and Profiled Wire? Under HSN 72179012, Flat & Rectangular Shaped and Profiled Wire attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Flat & Rectangular Shaped and Profiled Wire? 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. ### Does packaging or labelling change the GST for Flat & Rectangular Shaped and Profiled Wire? 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. ## India's trade performance: HSN Code 72179012 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−45.56% YoY) — 0.0000% of India's total exports - Imports: ₹2 Cr (−40.93% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7781 of 12657 HSN codes - Share of Sub-Chapter 7217: 0.21% of its exports; import side 0.17% - Rank within Sub-Chapter 7217: #13 of 17 by export value; import-side #14 ### Key metrics - Export CAGR: -18.44% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8265 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +158.49% in FY 2021-22 - Contribution to Sub-Ch. 7217: 0.21% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72179012 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 | 3.33 | 0.0001% | — | 1.21% | < ₹1 Crore | 0.0000% | — | 0.02% | +3.04 | #6348 | | FY 2019-20 | 2.09 | 0.0001% | −37.24% | 0.70% | < ₹1 Crore | 0.0000% | +234.48% | 0.10% | +1.12 | #6881 | | FY 2020-21 | 1.06 | 0.0000% | −49.28% | 0.34% | 1.68 | 0.0001% | +73.20% | 0.19% | −0.62 | #7618 | | FY 2021-22 | 2.74 | 0.0001% | +158.49% | 0.37% | 1.66 | 0.0000% | −1.19% | 0.15% | +1.08 | #6986 | | FY 2022-23 | 1.71 | 0.0000% | −37.59% | 0.35% | 1.91 | 0.0000% | +15.06% | 0.16% | −0.20 | #7598 | | FY 2023-24 | 1.80 | 0.0000% | +5.26% | 0.39% | 2.81 | 0.0001% | +47.12% | 0.25% | −1.01 | #7679 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −45.56% | 0.21% | 1.66 | 0.0000% | −40.93% | 0.17% | −0.68 | #8265 | - CAGR (7-year): exports -18.44%/yr, imports 33.75%/yr (consistently Deficit) ## Key trade insights: HSN Code 72179012 export-import analysis ### Export decline: -18.44% CAGR over 7 years India's exports under HSN Code 72179012 have declined at a compound annual rate of -18.44% over 7 fiscal years, falling from ₹3.33 Crore in FY 2018-19 to ₹0.98 Crore in FY 2024-25. ### HSN Code 72179012 ranked #8265 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72179012 ranks #8265 out of 12657 HSN codes by total export value. Within Sub-Chapter 7217, it ranks #13 of 17. By trade surplus, it ranks #7781 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72179012 exports The strongest single-year export movement for HSN Code 72179012 was recorded in FY 2021-22, when exports surged by 158.49% over the prior year. ### India records a trade deficit of ₹0.68 Crore in HSN Code 72179012 goods In FY 2024-25, India's imports of ₹1.66 Cr exceeded exports of ₹0.98 Cr, resulting in a trade deficit of ₹0.68 Crore — ranking #7781 of 12657 by surplus magnitude. ### Import growth of 33.75% CAGR signals rising demand for Flat & Rectangular Shaped and Profiled Wire India's imports under HSN Code 72179012 have grown at 33.75% CAGR, reaching ₹1.66 Crore in FY 2024-25. ### HSN Code 72179012 contributes 0.21% of Sub-Chapter 7217 exports — ranked #13 Among the 17 HSN codes under Sub-Chapter 7217, HSN Code 72179012 ranks #13 by export value — accounting for 0.21% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.17% share (rank #14). ## 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 | | #13 | HSN Code 72179012: Flat & Rectangular Shaped and Profiled Wire (this hsn code) | < ₹1 Crore |