--- title: "HSN Code for Hot-Rolled Stainless Steel Plates (>14mm, Chromium) | HSN 72192112 GST Rate" description: "Find HSN and GST Rates for 72192112 related to Hot-Rolled Stainless Steel Plates (>14mm, Chromium) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72192112/" --- # HSN Code 72192112: Hot-Rolled Stainless Steel Plates (>14mm, Chromium) - [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, not in coils : Of a thickness exceeding 10 mm : Universal plates of stainless steel or heat resisting steel and chromium type : Exceeding 14 mm | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72192112 ? It includes Hot-Rolled Stainless Steel (≥10mm, Other Ni-Cr Austenitic, ≤14mm) ### How much GST applies to Hot-Rolled Stainless Steel Plates (>14mm, Chromium)? Under HSN 72192112, Hot-Rolled Stainless Steel Plates (>14mm, Chromium) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Hot-Rolled Stainless Steel Plates (>14mm, Chromium) 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 Plates (>14mm, Chromium); Nil for exempt items if applicable). ### Any common misclassification issue with Hot-Rolled Stainless Steel Plates (>14mm, Chromium)? 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 Plates (>14mm, Chromium)? 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 Hot-Rolled Stainless Steel Plates (>14mm, Chromium)? 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 72192112 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹7 Cr (−7.25% YoY) — 0.0002% of India's total exports - Imports: ₹55 Cr (−4.39% YoY) — 0.0009% of India's total imports - Trade balance: −₹48 Cr (Deficit); surplus rank #10218 of 12657 HSN codes - Share of Sub-Chapter 7219: 0.16% of its exports; import side 0.32% - Rank within Sub-Chapter 7219: #29 of 54 by export value; import-side #21 ### Key metrics - Export CAGR: 5.96% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6171 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +184.85% in FY 2019-20 - Contribution to Sub-Ch. 7219: 0.16% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72192112 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 | 5.15 | 0.0002% | — | 0.17% | 54.57 | 0.0015% | — | 1.13% | −49.42 | #5821 | | FY 2019-20 | 14.67 | 0.0007% | +184.85% | 0.43% | 67.46 | 0.0020% | +23.62% | 1.03% | −52.79 | #4527 | | FY 2020-21 | 3.99 | 0.0002% | −72.80% | 0.14% | 65.74 | 0.0023% | −2.55% | 1.84% | −61.75 | #6196 | | FY 2021-22 | 10.45 | 0.0003% | +161.90% | 0.15% | 91.63 | 0.0020% | +39.38% | 1.07% | −81.18 | #5428 | | FY 2022-23 | 10.58 | 0.0003% | +1.24% | 0.27% | 71.43 | 0.0012% | −22.05% | 0.52% | −60.85 | #5559 | | FY 2023-24 | 7.86 | 0.0002% | −25.71% | 0.14% | 57.91 | 0.0010% | −18.93% | 0.43% | −50.05 | #6024 | | FY 2024-25 | 7.29 | 0.0002% | −7.25% | 0.16% | 55.37 | 0.0009% | −4.39% | 0.32% | −48.08 | #6171 | - CAGR (7-year): exports 5.96%/yr, imports 0.24%/yr (consistently Deficit) ## Key trade insights: HSN Code 72192112 export-import analysis ### Consistent export growth: 5.96% CAGR over 7 years India's exports under HSN Code 72192112 have grown at a compound annual rate of 5.96% over 7 fiscal years, rising from ₹5.15 Crore in FY 2018-19 to ₹7.29 Crore in FY 2024-25. ### HSN Code 72192112 ranked #6171 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72192112 ranks #6171 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #29 of 54. By trade surplus, it ranks #10218 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 72192112 exports The strongest single-year export movement for HSN Code 72192112 was recorded in FY 2019-20, when exports surged by 184.85% over the prior year. ### India records a trade deficit of ₹48.08 Crore in HSN Code 72192112 goods In FY 2024-25, India's imports of ₹55.37 Cr exceeded exports of ₹7.29 Cr, resulting in a trade deficit of ₹48.08 Crore — ranking #10218 of 12657 by surplus magnitude. ### Import growth of 0.24% CAGR signals stable import dependency for Hot-Rolled Stainless Steel Plates (>14mm, Chromium) India's imports under HSN Code 72192112 have grown at 0.24% CAGR, reaching ₹55.37 Crore in FY 2024-25. ### HSN Code 72192112 contributes 0.16% of Sub-Chapter 7219 exports — ranked #29 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72192112 ranks #29 by export value — accounting for 0.16% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.32% share (rank #21). ## 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 | | #29 | HSN Code 72192112: Hot-Rolled Stainless Steel Plates (>14mm, Chromium) (this hsn code) | ₹7 Cr |