--- title: "HSN Code for Hot-Rolled Stainless Steel (3-4.75mm, Coils) | HSN 72191300 GST Rate" description: "Find HSN and GST Rates for 72191300 related to Hot-Rolled Stainless Steel (3-4.75mm, Coils) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72191300/" --- # HSN Code 72191300: Hot-Rolled Stainless Steel (3-4.75mm, Coils) - [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 of 3 mm or more but less than 4.75 mm | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72191300 ? It includes Hot-Rolled Stainless Steel Plates (>14mm, Chromium) ### Can we claim ITC on inputs used to trade Hot-Rolled Stainless Steel (3-4.75mm, Coils)? 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 (3-4.75mm, Coils) 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 (3-4.75mm, Coils); Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Hot-Rolled Stainless Steel (3-4.75mm, Coils)? 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. ### Any common misclassification issue with Hot-Rolled Stainless Steel (3-4.75mm, Coils)? 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 Hot-Rolled Stainless Steel (3-4.75mm, Coils)? Under HSN 72191300, Hot-Rolled Stainless Steel (3-4.75mm, Coils) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 72191300 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹278 Cr (−29.42% YoY) — 0.0076% of India's total exports - Imports: ₹3,004 Cr (+138.98% YoY) — 0.0494% of India's total imports - Trade balance: −₹2,726 Cr (Deficit); surplus rank #12475 of 12657 HSN codes - Share of Sub-Chapter 7219: 6.09% of its exports; import side 17.45% - Rank within Sub-Chapter 7219: #5 of 54 by export value; import-side #2 ### Key metrics - Export CAGR: -1.94% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1514 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +179.13% in FY 2021-22 - Contribution to Sub-Ch. 7219: 6.09% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72191300 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 | 312.80 | 0.0137% | — | 10.10% | 532.83 | 0.0149% | — | 11.06% | −220.03 | #958 | | FY 2019-20 | 192.51 | 0.0087% | −38.46% | 5.66% | 1,896.11 | 0.0566% | +255.86% | 28.81% | −1,703.60 | #1359 | | FY 2020-21 | 111.12 | 0.0052% | −42.28% | 3.99% | 484.24 | 0.0166% | −74.46% | 13.53% | −373.12 | #1957 | | FY 2021-22 | 310.17 | 0.0099% | +179.13% | 4.32% | 1,655.07 | 0.0362% | +241.79% | 19.39% | −1,344.90 | #1267 | | FY 2022-23 | 179.19 | 0.0049% | −42.23% | 4.49% | 1,565.99 | 0.0272% | −5.38% | 11.29% | −1,386.80 | #1845 | | FY 2023-24 | 394.12 | 0.0109% | +119.95% | 6.79% | 1,257.07 | 0.0224% | −19.73% | 9.23% | −862.95 | #1164 | | FY 2024-25 | 278.17 | 0.0076% | −29.42% | 6.09% | 3,004.14 | 0.0494% | +138.98% | 17.45% | −2,725.97 | #1514 | - CAGR (7-year): exports -1.94%/yr, imports 33.41%/yr (consistently Deficit) ## Key trade insights: HSN Code 72191300 export-import analysis ### Export decline: -1.94% CAGR over 7 years India's exports under HSN Code 72191300 have declined at a compound annual rate of -1.94% over 7 fiscal years, falling from ₹312.80 Crore in FY 2018-19 to ₹278.17 Crore in FY 2024-25. ### HSN Code 72191300 ranked #1514 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72191300 ranks #1514 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #5 of 54. By trade surplus, it ranks #12475 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72191300 exports The strongest single-year export movement for HSN Code 72191300 was recorded in FY 2021-22, when exports surged by 179.13% over the prior year. ### India records a trade deficit of ₹2,725.97 Crore in HSN Code 72191300 goods In FY 2024-25, India's imports of ₹3,004.14 Cr exceeded exports of ₹278.17 Cr, resulting in a trade deficit of ₹2,725.97 Crore — ranking #12475 of 12657 by surplus magnitude. ### Import growth of 33.41% CAGR signals rising demand for Hot-Rolled Stainless Steel (3-4.75mm, Coils) India's imports under HSN Code 72191300 have grown at 33.41% CAGR, reaching ₹3,004.14 Crore in FY 2024-25. ### HSN Code 72191300 contributes 6.09% of Sub-Chapter 7219 exports — ranked #5 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72191300 ranks #5 by export value — accounting for 6.09% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 17.45% share (rank #2). ## 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) (this hsn code) | ₹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 |