---
title: "HSN Code for Stainless steel semi-finished products | Other | HSN 72189990 GST Rate"
description: "Find HSN and GST Rates for 72189990 related to Stainless steel semi-finished products | Other with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72189990/"
---

# HSN Code 72189990: Stainless steel semi-finished products | Other

- [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 7218: Stainless steel products](https://busy.in/hsn/sub-chapter-7218/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Other : Other : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72189990 ?

It includes Hot-Rolled Other (>10mm, Coils)

### Can we claim ITC on inputs used to trade Stainless steel semi-finished products / Other?

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 Stainless steel semi-finished products / Other?

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

### Does packaging or labelling change the GST for Stainless steel semi-finished products / Other?

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 Stainless steel semi-finished products / Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Stainless steel semi-finished products / Other; Nil for exempt items if applicable).

### How much GST applies to Stainless steel semi-finished products / Other?

Under HSN 72189990, Stainless steel semi-finished products / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 72189990 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹18 Cr (+17.78% YoY) — 0.0005% of India's total exports
- Imports: ₹10 Cr (+13.22% YoY) — 0.0002% of India's total imports
- Trade balance: ₹8 Cr (Surplus); surplus rank #3492 of 12657 HSN codes
- Share of Sub-Chapter 7218: 5.50% of its exports; import side 0.12%
- Rank within Sub-Chapter 7218: #2 of 4 by export value; import-side #4

### Key metrics

- Export CAGR: -10.85% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #5018 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +62.56% in FY 2021-22
- Contribution to Sub-Ch. 7218: 5.50% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72189990

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. 7218 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7218 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 35.75 | 0.0016% | — | 21.76% | 9.38 | 0.0003% | — | 2.41% | +26.37 | #3347 |
| FY 2019-20 | 24.12 | 0.0011% | −32.53% | 20.52% | 12.72 | 0.0004% | +35.61% | 3.58% | +11.40 | #3869 |
| FY 2020-21 | 23.88 | 0.0011% | −1.00% | 15.15% | 27.97 | 0.0010% | +119.89% | 12.37% | −4.09 | #3958 |
| FY 2021-22 | 38.82 | 0.0012% | +62.56% | 13.49% | 11.62 | 0.0003% | −58.46% | 2.86% | +27.20 | #3719 |
| FY 2022-23 | 30.85 | 0.0009% | −20.53% | 6.81% | 26.65 | 0.0005% | +129.35% | 0.32% | +4.20 | #4128 |
| FY 2023-24 | 15.24 | 0.0004% | −50.60% | 6.21% | 9.15 | 0.0002% | −65.67% | 0.08% | +6.09 | #5147 |
| FY 2024-25 | 17.95 | 0.0005% | +17.78% | 5.50% | 10.36 | 0.0002% | +13.22% | 0.12% | +7.59 | #5018 |

- CAGR (7-year): exports -10.85%/yr, imports 1.67%/yr (consistently Surplus)

## Key trade insights: HSN Code 72189990 export-import analysis

### Export decline: -10.85% CAGR over 7 years

India's exports under HSN Code 72189990 have declined at a compound annual rate of -10.85% over 7 fiscal years, falling from ₹35.75 Crore in FY 2018-19 to ₹17.95 Crore in FY 2024-25.

### HSN Code 72189990 ranked #5018 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72189990 ranks #5018 out of 12657 HSN codes by total export value. Within Sub-Chapter 7218, it ranks #2 of 4. By trade surplus, it ranks #3492 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 72189990 exports

The strongest single-year export movement for HSN Code 72189990 was recorded in FY 2021-22, when exports surged by 62.56% over the prior year.

### India maintains a trade surplus of ₹7.59 Crore in HSN Code 72189990 goods

In FY 2024-25, India's exports of ₹17.95 Cr exceeded imports of ₹10.36 Cr, resulting in a trade surplus of ₹7.59 Crore — ranking #3492 of 12657 by surplus magnitude.

### Import growth of 1.67% CAGR signals stable import dependency for Stainless steel semi-finished products | Other

India's imports under HSN Code 72189990 have grown at 1.67% CAGR, reaching ₹10.36 Crore in FY 2024-25.

### HSN Code 72189990 contributes 5.50% of Sub-Chapter 7218 exports — ranked #2

Among the 4 HSN codes under Sub-Chapter 7218, HSN Code 72189990 ranks #2 by export value — accounting for 5.50% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.12% share (rank #4).

## Related HSN Codes in Sub-Chapter 7218

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 72189910: Other \| Other \| Billets](https://busy.in/hsn/hsn-72189910/) | ₹289 Cr |
| #2 | HSN Code 72189990: Stainless steel semi-finished products \| Other (this hsn code) | ₹18 Cr |
| #3 | [HSN Code 72181000: Ingots And Other Primary Forms](https://busy.in/hsn/hsn-72181000/) | ₹12 Cr |
| #4 | [HSN Code 72189100: Rectangular cross-section steel](https://busy.in/hsn/hsn-72189100/) | ₹7 Cr |