--- title: "HSN Code for Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Chromium) | HSN 72192141 GST Rate" description: "Find HSN and GST Rates for 72192141 related to Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Chromium) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72192141/" --- # HSN Code 72192141: Hot-Rolled Stainless Steel (≥3mm – <4.75mm, 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 : Other nickel chromium austenitic type : Not exceeding 14 mm | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72192141 ? It includes Hot-Rolled Stainless Steel Plates (4.75-10mm, Chromium) ### Can we claim ITC on inputs used to trade Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Chromium)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Chromium)? Under HSN 72192141, Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Chromium) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Hot-Rolled Stainless Steel (≥3mm – <4.75mm, 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 (≥3mm – <4.75mm, 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 (≥3mm – <4.75mm, 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. ### How should mixed supplies be billed when Hot-Rolled Stainless Steel (≥3mm – <4.75mm, 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 (≥3mm – <4.75mm, Chromium); Nil for exempt items if applicable). ## India's trade performance: HSN Code 72192141 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+128.57% YoY) — 0.0000% of India's total exports - Imports: ₹4 Cr (+27.55% YoY) — 0.0001% of India's total imports - Trade balance: −₹4 Cr (Deficit); surplus rank #8443 of 12657 HSN codes - Share of Sub-Chapter 7219: 0.00% of its exports; import side 0.02% - Rank within Sub-Chapter 7219: #42 of 54 by export value; import-side #38 ### Key metrics - Export CAGR: -27.59% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9538 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +273.68% in FY 2021-22 - Contribution to Sub-Ch. 7219: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72192141 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 | 1.11 | 0.0000% | — | 0.04% | 4.06 | 0.0001% | — | 0.08% | −2.95 | #7526 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −28.83% | 0.02% | 2.71 | 0.0001% | −33.25% | 0.04% | −1.92 | #7813 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −75.95% | 0.01% | 4.98 | 0.0002% | +83.76% | 0.14% | −4.79 | #8900 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +273.68% | 0.01% | 4.44 | 0.0001% | −10.84% | 0.05% | −3.73 | #8298 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −39.44% | 0.01% | 2.08 | 0.0000% | −53.15% | 0.02% | −1.65 | #8799 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −83.72% | 0.00% | 2.94 | 0.0001% | +41.35% | 0.02% | −2.87 | #9929 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +128.57% | 0.00% | 3.75 | 0.0001% | +27.55% | 0.02% | −3.59 | #9538 | - CAGR (7-year): exports -27.59%/yr, imports -1.32%/yr (consistently Deficit) ## Key trade insights: HSN Code 72192141 export-import analysis ### Export decline: -27.59% CAGR over 7 years India's exports under HSN Code 72192141 have declined at a compound annual rate of -27.59% over 7 fiscal years, falling from ₹1.11 Crore in FY 2018-19 to ₹0.16 Crore in FY 2024-25. ### HSN Code 72192141 ranked #9538 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72192141 ranks #9538 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #42 of 54. By trade surplus, it ranks #8443 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72192141 exports The strongest single-year export movement for HSN Code 72192141 was recorded in FY 2021-22, when exports surged by 273.68% over the prior year. ### India records a trade deficit of ₹3.59 Crore in HSN Code 72192141 goods In FY 2024-25, India's imports of ₹3.75 Cr exceeded exports of ₹0.16 Cr, resulting in a trade deficit of ₹3.59 Crore — ranking #8443 of 12657 by surplus magnitude. ### Import growth of -1.32% CAGR signals stable import dependency for Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Chromium) India's imports under HSN Code 72192141 have grown at -1.32% CAGR, reaching ₹3.75 Crore in FY 2024-25. ### HSN Code 72192141 contributes 0.00% of Sub-Chapter 7219 exports — ranked #42 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72192141 ranks #42 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #38). ## 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 | | #42 | HSN Code 72192141: Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Chromium) (this hsn code) | < ₹1 Crore |