--- title: "HSN Code for Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr Austenitic) | HSN 72192310 GST Rate" description: "Find HSN and GST Rates for 72192310 related to Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr Austenitic) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72192310/" --- # HSN Code 72192310: Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr 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 3 mm or more but less than 4.75 mm : Chromium type | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72192310 ? It includes Hot-Rolled Stainless Steel (<3mm, Chromium, Other) ### Does packaging or labelling change the GST for Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr 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. ### How should mixed supplies be billed when Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr 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 (≥3mm – <4.75mm, Ni-Cr Austenitic); Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr 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. ### Can we claim ITC on inputs used to trade Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr Austenitic)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr 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 (≥3mm – <4.75mm, Ni-Cr Austenitic)? Under HSN 72192310, Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr Austenitic) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 72192310 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹31 Cr (+138.91% YoY) — 0.0008% of India's total exports - Imports: ₹2 Cr (+804.35% YoY) — 0.0000% of India's total imports - Trade balance: ₹29 Cr (Surplus); surplus rank #2561 of 12657 HSN codes - Share of Sub-Chapter 7219: 0.67% of its exports; import side 0.01% - Rank within Sub-Chapter 7219: #20 of 54 by export value; import-side #39 ### Key metrics - Export CAGR: 24.39% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4289 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +142.58% in FY 2020-21 - Contribution to Sub-Ch. 7219: 0.67% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72192310 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 | 8.32 | 0.0004% | — | 0.27% | 3.16 | 0.0001% | — | 0.07% | +5.16 | #5222 | | FY 2019-20 | 8.90 | 0.0004% | +6.97% | 0.26% | 3.35 | 0.0001% | +6.01% | 0.05% | +5.55 | #5167 | | FY 2020-21 | 21.59 | 0.0010% | +142.58% | 0.78% | 2.39 | 0.0001% | −28.66% | 0.07% | +19.20 | #4091 | | FY 2021-22 | 21.75 | 0.0007% | +0.74% | 0.30% | 4.08 | 0.0001% | +70.71% | 0.05% | +17.67 | #4491 | | FY 2022-23 | 9.15 | 0.0003% | −57.93% | 0.23% | 1.07 | 0.0000% | −73.77% | 0.01% | +8.08 | #5742 | | FY 2023-24 | 12.90 | 0.0004% | +40.98% | 0.22% | < ₹1 Crore | 0.0000% | −78.50% | 0.00% | +12.67 | #5382 | | FY 2024-25 | 30.82 | 0.0008% | +138.91% | 0.67% | 2.08 | 0.0000% | +804.35% | 0.01% | +28.74 | #4289 | - CAGR (7-year): exports 24.39%/yr, imports -6.73%/yr (consistently Surplus) ## Key trade insights: HSN Code 72192310 export-import analysis ### Consistent export growth: 24.39% CAGR over 7 years India's exports under HSN Code 72192310 have grown at a compound annual rate of 24.39% over 7 fiscal years, rising from ₹8.32 Crore in FY 2018-19 to ₹30.82 Crore in FY 2024-25. ### HSN Code 72192310 ranked #4289 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72192310 ranks #4289 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #20 of 54. By trade surplus, it ranks #2561 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 72192310 exports The strongest single-year export movement for HSN Code 72192310 was recorded in FY 2020-21, when exports surged by 142.58% over the prior year. ### India maintains a trade surplus of ₹28.74 Crore in HSN Code 72192310 goods In FY 2024-25, India's exports of ₹30.82 Cr exceeded imports of ₹2.08 Cr, resulting in a trade surplus of ₹28.74 Crore — ranking #2561 of 12657 by surplus magnitude. ### Import growth of -6.73% CAGR signals stable import dependency for Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr Austenitic) India's imports under HSN Code 72192310 have grown at -6.73% CAGR, reaching ₹2.08 Crore in FY 2024-25. ### HSN Code 72192310 contributes 0.67% of Sub-Chapter 7219 exports — ranked #20 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72192310 ranks #20 by export value — accounting for 0.67% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #39). ## 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 | | #20 | HSN Code 72192310: Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr Austenitic) (this hsn code) | ₹31 Cr |