Find GST Rates & HSN
HSN Code 72189910: Stainless Steel Billets
HSN Code 72189910 represents Stainless Steel Billets under GST classification. This code helps businesses identify Stainless Steel Billets correctly for billing, taxation, and trade. With HSN Code 72189910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Stainless Steel Billets.
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Description of Goods for HSN Code 72189910
HSN Code 72189910 relates to the following description.
What does HSN Code 72189910 not include?
Stainless Steel Billets does not include products with the following descriptions.
Ingots and other primary forms
Other : Of rectangular (other than square) cross-section
Other : Other : Other
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India’s Trade Performance — HSN Code 72189910 in FY 2025-26
India’s Exports
FY 2025-26₹304 Cr
0.0078% of India’s total exports
India’s Imports
FY 2025-26₹1,393 Cr
0.0203% of India’s total imports
Trade Balance
FY 2025-26−₹1,089 Cr
Surplus rank #12339 of 12872 HSN codes
% of Sub-Chapter 7218
FY 2025-2689.46%
Share of Sub-Chapter 7218’s total exports in FY 2025-26
Import side: 11.26% of Sub-Chapter 7218’s imports
Rank Within Sub-Chapter 7218
FY 2025-26#1 of 4
Position by export value among HSN codes in Sub-Chapter 7218
Import-side rank: #2 of 4
At a glance
13.43%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#1529
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+82.14%
Peak Growth Year
FY 2021-22 · strongest single-year move
89.46%
Contribution to Sub-Ch. 7218
Share of Sub-Chapter 7218 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 72189910
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−180.63
Exports
125.71 ₹ Cr
0.0055% share
— YoY
76.53% of Sub-Ch. 7218
Imports
306.34 ₹ Cr
0.0085% share
— YoY
78.59% of Sub-Ch. 7218
Balance
−165.98
Exports
86.66 ₹ Cr
0.0039% share
−31.06% YoY
73.73% of Sub-Ch. 7218
Imports
252.64 ₹ Cr
0.0075% share
−17.53% YoY
71.03% of Sub-Ch. 7218
Balance
−42.51
Exports
130.08 ₹ Cr
0.0060% share
+50.10% YoY
82.52% of Sub-Ch. 7218
Imports
172.59 ₹ Cr
0.0059% share
−31.69% YoY
76.34% of Sub-Ch. 7218
Balance
−120.94
Exports
236.93 ₹ Cr
0.0075% share
+82.14% YoY
82.30% of Sub-Ch. 7218
Imports
357.87 ₹ Cr
0.0078% share
+107.35% YoY
88.22% of Sub-Ch. 7218
Balance
−113.57
Exports
395.08 ₹ Cr
0.0109% share
+66.75% YoY
87.22% of Sub-Ch. 7218
Imports
508.65 ₹ Cr
0.0088% share
+42.13% YoY
6.16% of Sub-Ch. 7218
Balance
−883.66
Exports
194.66 ₹ Cr
0.0054% share
−50.73% YoY
79.27% of Sub-Ch. 7218
Imports
1,078.32 ₹ Cr
0.0192% share
+112.00% YoY
9.22% of Sub-Ch. 7218
Balance
−1,755.57
Exports
289.34 ₹ Cr
0.0079% share
+48.64% YoY
88.70% of Sub-Ch. 7218
Imports
2,044.91 ₹ Cr
0.0337% share
+89.64% YoY
23.88% of Sub-Ch. 7218
Balance
−1,089.38
Exports
303.71 ₹ Cr
0.0078% share
+4.97% YoY
89.46% of Sub-Ch. 7218
Imports
1,393.09 ₹ Cr
0.0203% share
−31.88% YoY
11.26% of Sub-Ch. 7218
CAGR · 8-Year
Exports
13.43% /yr
Imports
24.16% /yr
reference, FY 2025-26
Export
₹339.49 Cr
Import
₹12,369.63 Cr
Trade Balance
−12,030.14
Key Trade Insights: HSN Code 72189910 Export-Import Analysis
Consistent Export Growth: 13.43% CAGR Over 8 Years
India's exports under HSN Code 72189910 have grown at a compound annual rate of 13.43% over 8 fiscal years, rising from ₹125.71 Crore in FY 2018-19 to ₹303.71 Crore in FY 2025-26.
HSN Code 72189910 Ranked #1529 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 72189910 ranks #1529 out of 12872 HSN codes by total export value. Within Sub-Chapter 7218, it ranks #1 of 4. By trade surplus, it ranks #12339 of 12872.
FY 2021-22 Was the Strongest Growth Year for HSN Code 72189910 Exports
The strongest single-year export movement for HSN Code 72189910 was recorded in FY 2021-22, when exports surged by 82.14% over the prior year.
India Records a Trade Deficit of ₹1,089.38 Crore in HSN Code 72189910 Goods
In FY 2025-26, India's imports of ₹1,393.09 Cr exceeded exports of ₹303.71 Cr, resulting in a trade deficit of ₹1,089.38 Crore — ranking #12339 of 12872 by surplus magnitude.
Import Growth of 24.16% CAGR Signals Rising Demand for Stainless Steel Billets
India's imports under HSN Code 72189910 have grown at 24.16% CAGR, reaching ₹1,393.09 Crore in FY 2025-26.
HSN Code 72189910 Contributes 89.46% of Sub-Chapter 7218 Exports — Ranked #1
Among the 4 HSN codes under Sub-Chapter 7218, HSN Code 72189910 ranks #1 by export value — accounting for 89.46% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 11.26% share (rank #2).
Frequently Asked Questions
Clear answers to common queries about HSN Code 72189910 and GST compliance.
What products are classified under HSN 72189910 ?
It includes Hot-Rolled Stainless Steel Coils (>10mm, Chromium, ≤14mm)
Does packaging or labelling change the GST for Other / Other / Billets?
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.
Any common misclassification issue with Other / Other / Billets?
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 Other / Other / Billets?
Under HSN 72189910, Other / Other / Billets attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Other / Other / Billets?
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 Other / Other / Billets?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.