--- title: "HSN Code for Hot-Rolled Stainless Steel Plates (>14mm, Austenitic) | HSN 72192122 GST Rate" description: "Find HSN and GST Rates for 72192122 related to Hot-Rolled Stainless Steel Plates (>14mm, Austenitic) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72192122/" --- # HSN Code 72192122: Hot-Rolled Stainless Steel Plates (>14mm, Austenitic) - [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 heat resisting steel, nickel chromium austenitic type: Exceeding 14 mm | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72192122 ? It includes Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Chromium) ### How should mixed supplies be billed when Hot-Rolled Stainless Steel Plates (>14mm, Austenitic) 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, Austenitic); Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Hot-Rolled Stainless Steel Plates (>14mm, Austenitic)? 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. ### Can we claim ITC on inputs used to trade Hot-Rolled Stainless Steel Plates (>14mm, Austenitic)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Hot-Rolled Stainless Steel Plates (>14mm, Austenitic)? 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 Plates (>14mm, Austenitic)? 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 Plates (>14mm, Austenitic)? Under HSN 72192122, Hot-Rolled Stainless Steel Plates (>14mm, Austenitic) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 72192122 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹813 Cr (−21.50% YoY) — 0.0221% of India's total exports - Imports: ₹140 Cr (+1.41% YoY) — 0.0023% of India's total imports - Trade balance: ₹673 Cr (Surplus); surplus rank #483 of 12657 HSN codes - Share of Sub-Chapter 7219: 17.79% of its exports; import side 0.81% - Rank within Sub-Chapter 7219: #1 of 54 by export value; import-side #15 ### Key metrics - Export CAGR: 10.45% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #633 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +71.60% in FY 2021-22 - Contribution to Sub-Ch. 7219: 17.79% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72192122 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 | 447.81 | 0.0196% | — | 14.46% | 35.79 | 0.0010% | — | 0.74% | +412.02 | #721 | | FY 2019-20 | 484.72 | 0.0220% | +8.24% | 14.26% | 42.35 | 0.0013% | +18.33% | 0.64% | +442.37 | #659 | | FY 2020-21 | 489.48 | 0.0228% | +0.98% | 17.57% | 44.60 | 0.0015% | +5.31% | 1.25% | +444.88 | #698 | | FY 2021-22 | 839.93 | 0.0268% | +71.60% | 11.71% | 72.21 | 0.0016% | +61.91% | 0.85% | +767.72 | #536 | | FY 2022-23 | 722.36 | 0.0200% | −14.00% | 18.11% | 91.43 | 0.0016% | +26.62% | 0.66% | +630.93 | #672 | | FY 2023-24 | 1,035.54 | 0.0286% | +43.36% | 17.83% | 137.70 | 0.0025% | +50.61% | 1.01% | +897.84 | #498 | | FY 2024-25 | 812.93 | 0.0221% | −21.50% | 17.79% | 139.64 | 0.0023% | +1.41% | 0.81% | +673.29 | #633 | - CAGR (7-year): exports 10.45%/yr, imports 25.47%/yr (consistently Surplus) ## Key trade insights: HSN Code 72192122 export-import analysis ### Consistent export growth: 10.45% CAGR over 7 years India's exports under HSN Code 72192122 have grown at a compound annual rate of 10.45% over 7 fiscal years, rising from ₹447.81 Crore in FY 2018-19 to ₹812.93 Crore in FY 2024-25. ### HSN Code 72192122 ranked #633 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72192122 ranks #633 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #1 of 54. By trade surplus, it ranks #483 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72192122 exports The strongest single-year export movement for HSN Code 72192122 was recorded in FY 2021-22, when exports surged by 71.60% over the prior year. ### India maintains a trade surplus of ₹673.29 Crore in HSN Code 72192122 goods In FY 2024-25, India's exports of ₹812.93 Cr exceeded imports of ₹139.64 Cr, resulting in a trade surplus of ₹673.29 Crore — ranking #483 of 12657 by surplus magnitude. ### Import growth of 25.47% CAGR signals rising demand for Hot-Rolled Stainless Steel Plates (>14mm, Austenitic) India's imports under HSN Code 72192122 have grown at 25.47% CAGR, reaching ₹139.64 Crore in FY 2024-25. ### HSN Code 72192122 contributes 17.79% of Sub-Chapter 7219 exports — ranked #1 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72192122 ranks #1 by export value — accounting for 17.79% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.81% share (rank #15). ## 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) (this hsn code) | ₹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 |