--- title: "HSN Code for Hot-Rolled Stainless Steel (≥4.75mm – ≤10mm, Other Chromium) | HSN 72192390 GST Rate" description: "Find HSN and GST Rates for 72192390 related to Hot-Rolled Stainless Steel (≥4.75mm – ≤10mm, Other Chromium) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72192390/" --- # HSN Code 72192390: Hot-Rolled Stainless Steel (≥4.75mm – ≤10mm, Other 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 of 3 mm or more but less than 4.75 mm : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72192390 ? It includes Hot-Rolled Stainless Steel (<3mm, Chromium, <0.35mm) ### How should mixed supplies be billed when Hot-Rolled Stainless Steel (≥4.75mm – ≤10mm, Other 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 (≥4.75mm – ≤10mm, Other Chromium); Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Hot-Rolled Stainless Steel (≥4.75mm – ≤10mm, Other 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. ### Do e‑way bill and e‑invoice apply for Hot-Rolled Stainless Steel (≥4.75mm – ≤10mm, Other 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. ### Any common misclassification issue with Hot-Rolled Stainless Steel (≥4.75mm – ≤10mm, Other Chromium)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Hot-Rolled Stainless Steel (≥4.75mm – ≤10mm, Other Chromium)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 72192390 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2 Cr (−68.30% YoY) — 0.0001% of India's total exports - Imports: ₹19 Cr (−3.28% YoY) — 0.0003% of India's total imports - Trade balance: −₹16 Cr (Deficit); surplus rank #9421 of 12657 HSN codes - Share of Sub-Chapter 7219: 0.05% of its exports; import side 0.11% - Rank within Sub-Chapter 7219: #37 of 54 by export value; import-side #31 ### Key metrics - Export CAGR: 7.46% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7540 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +507.84% in FY 2021-22 - Contribution to Sub-Ch. 7219: 0.05% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72192390 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 | 1.39 | 0.0001% | — | 0.04% | 46.53 | 0.0013% | — | 0.97% | −45.14 | #7310 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −38.85% | 0.03% | 2.95 | 0.0001% | −93.66% | 0.04% | −2.10 | #7749 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −40.00% | 0.02% | 5.72 | 0.0002% | +93.90% | 0.16% | −5.21 | #8220 | | FY 2021-22 | 3.10 | 0.0001% | +507.84% | 0.04% | < ₹1 Crore | 0.0000% | −83.22% | 0.01% | +2.14 | #6876 | | FY 2022-23 | 1.83 | 0.0001% | −40.97% | 0.05% | 9.19 | 0.0002% | +857.29% | 0.07% | −7.36 | #7532 | | FY 2023-24 | 6.75 | 0.0002% | +268.85% | 0.12% | 19.21 | 0.0003% | +109.03% | 0.14% | −12.46 | #6204 | | FY 2024-25 | 2.14 | 0.0001% | −68.30% | 0.05% | 18.58 | 0.0003% | −3.28% | 0.11% | −16.44 | #7540 | - CAGR (7-year): exports 7.46%/yr, imports -14.19%/yr (consistently Deficit) ## Key trade insights: HSN Code 72192390 export-import analysis ### Consistent export growth: 7.46% CAGR over 7 years India's exports under HSN Code 72192390 have grown at a compound annual rate of 7.46% over 7 fiscal years, rising from ₹1.39 Crore in FY 2018-19 to ₹2.14 Crore in FY 2024-25. ### HSN Code 72192390 ranked #7540 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72192390 ranks #7540 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #37 of 54. By trade surplus, it ranks #9421 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72192390 exports The strongest single-year export movement for HSN Code 72192390 was recorded in FY 2021-22, when exports surged by 507.84% over the prior year. ### India records a trade deficit of ₹16.44 Crore in HSN Code 72192390 goods In FY 2024-25, India's imports of ₹18.58 Cr exceeded exports of ₹2.14 Cr, resulting in a trade deficit of ₹16.44 Crore — ranking #9421 of 12657 by surplus magnitude. ### Import growth of -14.19% CAGR signals stable import dependency for Hot-Rolled Stainless Steel (≥4.75mm – ≤10mm, Other Chromium) India's imports under HSN Code 72192390 have grown at -14.19% CAGR, reaching ₹18.58 Crore in FY 2024-25. ### HSN Code 72192390 contributes 0.05% of Sub-Chapter 7219 exports — ranked #37 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72192390 ranks #37 by export value — accounting for 0.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.11% share (rank #31). ## 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 | | #37 | HSN Code 72192390: Hot-Rolled Stainless Steel (≥4.75mm – ≤10mm, Other Chromium) (this hsn code) | ₹2 Cr |