--- title: "HSN Code for Hot-Rolled Stainless Steel (≥10mm, Other Chromium, >14mm) | HSN 72191111 GST Rate" description: "Find HSN and GST Rates for 72191111 related to Hot-Rolled Stainless Steel (≥10mm, Other Chromium, >14mm) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72191111/" --- # HSN Code 72191111: Hot-Rolled Stainless Steel (≥10mm, Other Chromium, >14mm) - [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 7219: Stainless steel flat products](https://busy.in/hsn/sub-chapter-7219/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Not further worked than hot-rolled, in coils : Of a thickness exceeding 10 mm : Chromium type : Not exceeding 14 mm | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72191111 ? It includes Flat-rolled Copper and Copper Alloys ### How much GST applies to Hot-Rolled Stainless Steel (≥10mm, Other Chromium, >14mm)? Under HSN 72191111, Hot-Rolled Stainless Steel (≥10mm, Other Chromium, >14mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Hot-Rolled Stainless Steel (≥10mm, Other Chromium, >14mm)? 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 Hot-Rolled Stainless Steel (≥10mm, Other Chromium, >14mm) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hot-Rolled Stainless Steel (≥10mm, Other Chromium, >14mm); Nil for exempt items if applicable). ### Any common misclassification issue with Hot-Rolled Stainless Steel (≥10mm, Other Chromium, >14mm)? 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 Hot-Rolled Stainless Steel (≥10mm, Other Chromium, >14mm)? 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. ## India's trade performance: HSN Code 72191111 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹5 Cr (+7.00% YoY) — 0.0001% of India's total exports - Imports: ₹32 Cr (−57.68% YoY) — 0.0005% of India's total imports - Trade balance: −₹27 Cr (Deficit); surplus rank #9756 of 12657 HSN codes - Share of Sub-Chapter 7219: 0.12% of its exports; import side 0.19% - Rank within Sub-Chapter 7219: #31 of 54 by export value; import-side #29 ### Key metrics - Export CAGR: 33.86% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6527 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +843.40% in FY 2023-24 - Contribution to Sub-Ch. 7219: 0.12% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72191111 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. 7219 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7219 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.03% | 9.61 | 0.0003% | — | 0.20% | −8.68 | #7693 | | FY 2019-20 | 1.98 | 0.0001% | +112.90% | 0.06% | 6.95 | 0.0002% | −27.68% | 0.11% | −4.97 | #6947 | | FY 2020-21 | 1.53 | 0.0001% | −22.73% | 0.05% | 1.20 | 0.0000% | −82.73% | 0.03% | +0.33 | #7266 | | FY 2021-22 | 1.50 | 0.0000% | −1.96% | 0.02% | 39.76 | 0.0009% | +3,213.33% | 0.47% | −38.26 | #7620 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −64.67% | 0.01% | 58.10 | 0.0010% | +46.13% | 0.42% | −57.57 | #8633 | | FY 2023-24 | 5.00 | 0.0001% | +843.40% | 0.09% | 75.62 | 0.0013% | +30.15% | 0.56% | −70.62 | #6586 | | FY 2024-25 | 5.35 | 0.0001% | +7.00% | 0.12% | 32.00 | 0.0005% | −57.68% | 0.19% | −26.65 | #6527 | - CAGR (7-year): exports 33.86%/yr, imports 22.20%/yr (consistently Deficit) ## Key trade insights: HSN Code 72191111 export-import analysis ### Consistent export growth: 33.86% CAGR over 7 years India's exports under HSN Code 72191111 have grown at a compound annual rate of 33.86% over 7 fiscal years, rising from ₹0.93 Crore in FY 2018-19 to ₹5.35 Crore in FY 2024-25. ### HSN Code 72191111 ranked #6527 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72191111 ranks #6527 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #31 of 54. By trade surplus, it ranks #9756 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 72191111 exports The strongest single-year export movement for HSN Code 72191111 was recorded in FY 2023-24, when exports surged by 843.40% over the prior year. ### India records a trade deficit of ₹26.65 Crore in HSN Code 72191111 goods In FY 2024-25, India's imports of ₹32.00 Cr exceeded exports of ₹5.35 Cr, resulting in a trade deficit of ₹26.65 Crore — ranking #9756 of 12657 by surplus magnitude. ### Import growth of 22.20% CAGR signals rising demand for Hot-Rolled Stainless Steel (≥10mm, Other Chromium, >14mm) India's imports under HSN Code 72191111 have grown at 22.20% CAGR, reaching ₹32.00 Crore in FY 2024-25. ### HSN Code 72191111 contributes 0.12% of Sub-Chapter 7219 exports — ranked #31 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72191111 ranks #31 by export value — accounting for 0.12% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.19% share (rank #29). ## Related HSN Codes in Sub-Chapter 7219 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72192122: Hot-Rolled Stainless Steel Plates (>14mm, Austenitic)](https://busy.in/hsn/hsn-72192122/) | ₹813 Cr | | #2 | [HSN Code 72191200: Flat-rolled Copper and Copper Alloys](https://busy.in/hsn/hsn-72191200/) | ₹726 Cr | | #3 | [HSN Code 72192212: Hot-Rolled Stainless Steel Plates (4.75-10mm, Austenitic)](https://busy.in/hsn/hsn-72192212/) | ₹603 Cr | | #4 | [HSN Code 72193320: Cold-Rolled Stainless Steel (≥0.5mm – ≤1mm, Ni-Cr Austenitic)](https://busy.in/hsn/hsn-72193320/) | ₹477 Cr | | #5 | [HSN Code 72191300: Hot-Rolled Stainless Steel (3-4.75mm, Coils)](https://busy.in/hsn/hsn-72191300/) | ₹278 Cr | | #6 | [HSN Code 72199013: Sheets and plates: Thickness < 3 mm](https://busy.in/hsn/hsn-72199013/) | ₹227 Cr | | #7 | [HSN Code 72193420: Cold-Rolled Stainless Steel (≥3mm – <4.75mm, Chromium)](https://busy.in/hsn/hsn-72193420/) | ₹180 Cr | | #8 | [HSN Code 72193220: Cold-Rolled Stainless Steel (≥3mm – <4.75mm, Other)](https://busy.in/hsn/hsn-72193220/) | ₹154 Cr | | #9 | [HSN Code 72192320: Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Other)](https://busy.in/hsn/hsn-72192320/) | ₹147 Cr | | #10 | [HSN Code 72199012: Sheets and plates: 3-4.75 mm thick](https://busy.in/hsn/hsn-72199012/) | ₹143 Cr | | #31 | HSN Code 72191111: Hot-Rolled Stainless Steel (≥10mm, Other Chromium, >14mm) (this hsn code) | ₹5 Cr |