HSN Code 72192320: Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Other)

HSN Code 72192320 represents Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Other) under GST classification. This code helps businesses identify Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Other) correctly for billing, taxation, and trade. With HSN Code 72192320, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Other).

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Description of Goods for HSN Code 72192320

HSN Code 72192320 relates to the following description.

Description of Goods

Not further worked than hot-rolled, not in coils : Of a thickness of 3 mm or more but less than 4.75 mm : Nickel chromium austenitic type

Chapter

72 - Iron and steel

Sub Chapter

7219 - Flat-rolled products of stainless steel, of a width of 600 mm or more

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72192320 not include?

Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Other) does not include products with the following descriptions.

Not further worked than hot-rolled, in coils : Of a thickness exceeding 10 mm : Chromium type : Not exceeding 14 mm

Not further worked than hot-rolled, in coils : Of a thickness exceeding 10 mm : Chromium type : Exceeding 14 mm

Not further worked than hot-rolled, in coils : Of a thickness exceeding 10 mm : Other

Not further worked than hot-rolled, in coils : Of a thickness of 4.75 mm or more but not exceeding 10 mm

Not further worked than hot-rolled, in coils : Of a thickness of 3 mm or more but less than 4.75 mm

Not further worked than hot-rolled, in coils : Of a thickness of less than 3 mm

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 : Not exceeding 14 mm

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

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: Not exceeding 14 mm

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

Not further worked than hot-rolled, not in coils : Of a thickness exceeding 10 mm : Other chromium type : Not exceeding 14 mm

Not further worked than hot-rolled, not in coils : Of a thickness exceeding 10 mm : Other chromium type : Exceeding 14 mm

Not further worked than hot-rolled, not in coils : Of a thickness exceeding 10 mm : Other nickel chromium austenitic type : Not exceeding 14 mm

Not further worked than hot-rolled, not in coils : Of a thickness exceeding 10 mm : Other nickel chromium austenitic type : Exceeding 14 mm

Not further worked than hot-rolled, not in coils : Of a thickness exceeding 10 mm : Other

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 : Chromium type

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

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 : Other

Not further worked than hot-rolled, not in coils : Of a thickness of 4.75 mm or more but not exceeding 10 mm : Other : Chromium type

Not further worked than hot-rolled, not in coils : Of a thickness of 4.75 mm or more but not exceeding 10 mm : Other : Nickel chromium austenitic type

Not further worked than hot-rolled, not in coils : Of a thickness of 4.75 mm or more but not exceeding 10 mm : Other : Other

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

Not further worked than hot-rolled, not in coils : Of a thickness of 3 mm or more but less than 4.75 mm : Other

Not further worked than hot-rolled, not in coils : Of a thickness of less than 3 mm : Chromium type, of a thickness : Below 0.35 mm

Not further worked than hot-rolled, not in coils : Of a thickness of less than 3 mm : Chromium type, of a thickness : 0.35 mm and above but below 0.56 mm

Not further worked than hot-rolled, not in coils : Of a thickness of less than 3 mm : Chromium type, of a thickness : 0.56 mm and above but below 0.90 mm

Not further worked than hot-rolled, not in coils : Of a thickness of less than 3 mm : Chromium type, of a thickness : Other

Not further worked than hot-rolled, not in coils : Of a thickness of less than 3 mm : Nickel chromium austenitic type, of a thickness : Below 0.35 mm

Not further worked than hot-rolled, not in coils : Of a thickness of less than 3 mm : Nickel chromium austenitic type, of a thickness : 0.35 mm and above but below 0.56 mm

Not further worked than hot-rolled, not in coils : Of a thickness of less than 3 mm : Nickel chromium austenitic type, of a thickness : 0.56 mm and above but below 0.90 mm

Not further worked than hot-rolled, not in coils : Of a thickness of less than 3 mm : Nickel chromium austenitic type, of a thickness : Other

Not further worked than hot-rolled, not in coils : Of a thickness of less than 3 mm : Other

Not further worked than cold-rolled (cold reduced) : Of a thickness of 4.75 mm or more : Chromium type : Not exceeding 14 mm

Not further worked than cold-rolled (cold reduced) : Of a thickness of 4.75 mm or more : Chromium type : Exceeding 14 mm

Not further worked than cold-rolled (cold reduced) : Of a thickness of 4.75 mm or more : Nickel chromium austenitic type : Not exceeding 14 mm

Not further worked than cold-rolled (cold reduced) : Of a thickness of 4.75 mm or more : Nickel chromium austenitic type : Exceeding 14 mm

Not further worked than cold-rolled (cold reduced) : Of a thickness of 4.75 mm or more : Other

Not further worked than cold-rolled (cold reduced) : Of a thickness of 3 mm or more but less than 4.75 mm : Chromium type

Not further worked than cold-rolled (cold reduced) : Of a thickness of 3 mm or more but less than 4.75 mm : Nickel chromium austenitic type

Not further worked than cold-rolled (cold reduced) : Of a thickness of 3 mm or more but less than 4.75 mm : Other

Not further worked than cold-rolled (cold reduced) : Of a thickness exceeding 1 mm but less than 3 mm : Chromium type

Not further worked than cold-rolled (cold reduced) : Of a thickness exceeding 1 mm but less than 3 mm : Nickel chromium austenitic type

Not further worked than cold-rolled (cold reduced) : Of a thickness exceeding 1 mm but less than 3 mm : Other

Not further worked than cold-rolled (cold reduced) : Of a thickness of 0.5 mm or more but not exceeding 1 mm : Chromium type

Not further worked than cold-rolled (cold reduced) : Of a thickness of 0.5 mm or more but not exceeding 1 mm : Nickel chromium austenitic type

Not further worked than cold-rolled (cold reduced) : Of a thickness of 0.5 mm or more but not exceeding 1 mm : Other

Not further worked than cold-rolled (cold reduced) : Of a thickness of less than 0.5 mm : Chromium type

Not further worked than cold-rolled (cold reduced) : Of a thickness of less than 0.5 mm : Nickel chromium austenitic type

Not further worked than cold-rolled (cold reduced) : Of a thickness of less than 0.5 mm : Other

India’s Trade Performance — HSN Code 72192320 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹147 Cr

−4.93% vs FY 2023-24

0.0040% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−67.29% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹147 Cr

Trade Surplus

Surplus rank #1351 of 12657 HSN codes

% of Sub-Chapter 7219

FY 2024-25

3.22%

Share of Sub-Chapter 7219’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 7219’s imports

Rank Within Sub-Chapter 7219

FY 2024-25

#9 of 54

Position by export value among HSN codes in Sub-Chapter 7219

Import-side rank: #46 of 54

At a glance

29.66%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#2178

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+284.59%

Peak Growth Year

FY 2021-22 · strongest single-year move

3.22%

Contribution to Sub-Ch. 7219

Share of Sub-Chapter 7219 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72192320

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #3541

Balance

+30.05

Exports

30.91 ₹ Cr

0.0014% share

YoY

1.00% of Sub-Ch. 7219

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 7219

FY 2019-20 Exp. Rank #2561

Balance

+63.79

Exports

63.92 ₹ Cr

0.0029% share

+106.79% YoY

1.88% of Sub-Ch. 7219

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−84.88% YoY

0.00% of Sub-Ch. 7219

FY 2020-21 Exp. Rank #2560

Balance

+65.75

Exports

65.82 ₹ Cr

0.0031% share

+2.97% YoY

2.36% of Sub-Ch. 7219

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−46.15% YoY

0.00% of Sub-Ch. 7219

FY 2021-22 Exp. Rank #1428

Balance

+253.04

Exports

253.14 ₹ Cr

0.0081% share

+284.59% YoY

3.53% of Sub-Ch. 7219

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+42.86% YoY

0.00% of Sub-Ch. 7219

FY 2022-23 Exp. Rank #2740

Balance

+86.75

Exports

86.94 ₹ Cr

0.0024% share

−65.66% YoY

2.18% of Sub-Ch. 7219

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+90.00% YoY

0.00% of Sub-Ch. 7219

FY 2023-24 Exp. Rank #2073

Balance

+153.45

Exports

154.52 ₹ Cr

0.0043% share

+77.73% YoY

2.66% of Sub-Ch. 7219

Imports

1.07 ₹ Cr

0.0000% share

+463.16% YoY

0.01% of Sub-Ch. 7219

FY 2024-25 Exp. Rank #2178

Balance

+146.55

Exports

146.90 ₹ Cr

0.0040% share

−4.93% YoY

3.22% of Sub-Ch. 7219

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−67.29% YoY

0.00% of Sub-Ch. 7219

CAGR · 7-Year

Exports

29.66% /yr

Imports

−13.91% /yr

Consistently Surplus
Sub-Chapter 7219 total

reference, FY 2024-25

Export

₹4,568.57 Cr

Import

₹17,219.25 Cr

Trade Balance

−12,650.68

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72192320 Export-Import Analysis

Consistent Export Growth: 29.66% CAGR Over 7 Years

India's exports under HSN Code 72192320 have grown at a compound annual rate of 29.66% over 7 fiscal years, rising from ₹30.91 Crore in FY 2018-19 to ₹146.90 Crore in FY 2024-25.

HSN Code 72192320 Ranked #2178 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72192320 ranks #2178 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #9 of 54. By trade surplus, it ranks #1351 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72192320 Exports

The strongest single-year export movement for HSN Code 72192320 was recorded in FY 2021-22, when exports surged by 284.59% over the prior year.

India Maintains a Trade Surplus of ₹146.55 Crore in HSN Code 72192320 Goods

In FY 2024-25, India's exports of ₹146.90 Cr exceeded imports of ₹0.35 Cr, resulting in a trade surplus of ₹146.55 Crore — ranking #1351 of 12657 by surplus magnitude.

Import Growth of −13.91% CAGR Signals Stable Import Dependency for Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Other)

India's imports under HSN Code 72192320 have grown at −13.91% CAGR, reaching ₹0.35 Crore in FY 2024-25.

HSN Code 72192320 Contributes 3.22% of Sub-Chapter 7219 Exports — Ranked #9

Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72192320 ranks #9 by export value — accounting for 3.22% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #46).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72192320 and GST compliance.

What products are classified under HSN 72192320 ?

It includes Hot-Rolled Stainless Steel (<3mm, Chromium, 0.56-0.90mm)

Can we claim ITC on inputs used to trade Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Other)?

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, Other)?

Under HSN 72192320, Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Other) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Other)?

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 (≥3mm – <4.75mm, Other)?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Other) 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, Other); Nil for exempt items if applicable).

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.