--- title: "HSN Code for Hot-Rolled Stainless Steel Plates (4.75-10mm, Austenitic) | HSN 72192212 GST Rate" description: "Find HSN and GST Rates for 72192212 related to Hot-Rolled Stainless Steel Plates (4.75-10mm, Austenitic) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72192212/" --- # HSN Code 72192212: Hot-Rolled Stainless Steel Plates (4.75-10mm, 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 of 4.75 mm or more but not exceeding 10 mm : Universal plates of stainless steel or heat resisting steel : Nickel chromium austenitic type | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72192212 ? It includes Hot-Rolled Stainless Steel (<3mm, Chromium, 0.35-0.56mm) ### Can we claim ITC on inputs used to trade Hot-Rolled Stainless Steel Plates (4.75-10mm, Austenitic)? 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 Plates (4.75-10mm, 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 (4.75-10mm, Austenitic); Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Hot-Rolled Stainless Steel Plates (4.75-10mm, 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. ### Any common misclassification issue with Hot-Rolled Stainless Steel Plates (4.75-10mm, Austenitic)? 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 (4.75-10mm, 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. ## India's trade performance: HSN Code 72192212 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹603 Cr (−10.37% YoY) — 0.0164% of India's total exports - Imports: ₹52 Cr (+9.40% YoY) — 0.0009% of India's total imports - Trade balance: ₹551 Cr (Surplus); surplus rank #579 of 12657 HSN codes - Share of Sub-Chapter 7219: 13.19% of its exports; import side 0.30% - Rank within Sub-Chapter 7219: #3 of 54 by export value; import-side #22 ### Key metrics - Export CAGR: 32.16% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #857 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +216.67% in FY 2021-22 - Contribution to Sub-Ch. 7219: 13.19% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72192212 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 | 113.08 | 0.0049% | — | 3.65% | 16.09 | 0.0004% | — | 0.33% | +96.99 | #1885 | | FY 2019-20 | 230.67 | 0.0105% | +103.99% | 6.79% | 38.07 | 0.0011% | +136.61% | 0.58% | +192.60 | #1201 | | FY 2020-21 | 213.23 | 0.0099% | −7.56% | 7.65% | 34.91 | 0.0012% | −8.30% | 0.98% | +178.32 | #1301 | | FY 2021-22 | 675.23 | 0.0215% | +216.67% | 9.41% | 23.08 | 0.0005% | −33.89% | 0.27% | +652.15 | #651 | | FY 2022-23 | 275.70 | 0.0076% | −59.17% | 6.91% | 38.16 | 0.0007% | +65.34% | 0.28% | +237.54 | #1410 | | FY 2023-24 | 672.24 | 0.0186% | +143.83% | 11.57% | 47.23 | 0.0008% | +23.77% | 0.35% | +625.01 | #731 | | FY 2024-25 | 602.51 | 0.0164% | −10.37% | 13.19% | 51.67 | 0.0009% | +9.40% | 0.30% | +550.84 | #857 | - CAGR (7-year): exports 32.16%/yr, imports 21.46%/yr (consistently Surplus) ## Key trade insights: HSN Code 72192212 export-import analysis ### Consistent export growth: 32.16% CAGR over 7 years India's exports under HSN Code 72192212 have grown at a compound annual rate of 32.16% over 7 fiscal years, rising from ₹113.08 Crore in FY 2018-19 to ₹602.51 Crore in FY 2024-25. ### HSN Code 72192212 ranked #857 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72192212 ranks #857 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #3 of 54. By trade surplus, it ranks #579 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72192212 exports The strongest single-year export movement for HSN Code 72192212 was recorded in FY 2021-22, when exports surged by 216.67% over the prior year. ### India maintains a trade surplus of ₹550.84 Crore in HSN Code 72192212 goods In FY 2024-25, India's exports of ₹602.51 Cr exceeded imports of ₹51.67 Cr, resulting in a trade surplus of ₹550.84 Crore — ranking #579 of 12657 by surplus magnitude. ### Import growth of 21.46% CAGR signals rising demand for Hot-Rolled Stainless Steel Plates (4.75-10mm, Austenitic) India's imports under HSN Code 72192212 have grown at 21.46% CAGR, reaching ₹51.67 Crore in FY 2024-25. ### HSN Code 72192212 contributes 13.19% of Sub-Chapter 7219 exports — ranked #3 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72192212 ranks #3 by export value — accounting for 13.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.30% share (rank #22). ## 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) (this hsn code) | ₹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 |