--- title: "HSN Code for Hot-Rolled Stainless Steel (<3mm, Chromium, 0.56-0.90mm) | HSN 72192412 GST Rate" description: "Find HSN and GST Rates for 72192412 related to Hot-Rolled Stainless Steel (<3mm, Chromium, 0.56-0.90mm) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72192412/" --- # HSN Code 72192412: Hot-Rolled Stainless Steel (<3mm, Chromium, 0.56-0.90mm) - [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 less than 3 mm : Chromium type, of a thickness : 0.35 mm and above but below 0.56 mm | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72192412 ? It includes Hot-Rolled Stainless Steel (<3mm, Ni-Cr Austenitic, Other) ### How much GST applies to Hot-Rolled Stainless Steel (<3mm, Chromium, 0.56-0.90mm)? Under HSN 72192412, Hot-Rolled Stainless Steel (<3mm, Chromium, 0.56-0.90mm) 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, Chromium, 0.56-0.90mm)? 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. ### Can we claim ITC on inputs used to trade Hot-Rolled Stainless Steel (<3mm, Chromium, 0.56-0.90mm)? 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, Chromium, 0.56-0.90mm)? 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, Chromium, 0.56-0.90mm)? 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. ### How should mixed supplies be billed when Hot-Rolled Stainless Steel (<3mm, Chromium, 0.56-0.90mm) 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, Chromium, 0.56-0.90mm); Nil for exempt items if applicable). ## India's trade performance: HSN Code 72192412 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+175.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (+228.57% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7839 of 12657 HSN codes - Share of Sub-Chapter 7219: 0.00% of its exports; import side 0.01% - Rank within Sub-Chapter 7219: #45 of 54 by export value; import-side #43 ### Key metrics - National export rank: #9705 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +175.00% in FY 2024-25 - Contribution to Sub-Ch. 7219: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72192412 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 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.01% | −0.33 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | +57.58% | 0.01% | −0.52 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.02% | < ₹1 Crore | 0.0000% | −65.38% | 0.01% | +0.49 | #7997 | | FY 2021-22 | 1.06 | 0.0000% | +58.21% | 0.01% | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | +0.88 | #7926 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −96.23% | 0.00% | 1.20 | 0.0000% | +566.67% | 0.01% | −1.16 | #9967 | | FY 2023-24 | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | < ₹1 Crore | 0.0000% | −76.67% | 0.00% | −0.24 | #10146 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +175.00% | 0.00% | < ₹1 Crore | 0.0000% | +228.57% | 0.01% | −0.81 | #9705 | - CAGR (7-year): exports —/yr, imports 18.63%/yr (consistently Deficit) ## Key trade insights: HSN Code 72192412 export-import analysis ### Export snapshot for HSN Code 72192412 India exported ₹0.11 Crore worth of Hot-Rolled Stainless Steel (<3mm, Chromium, 0.56-0.90mm) in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 72192412 ranked #9705 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72192412 ranks #9705 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #45 of 54. By trade surplus, it ranks #7839 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 72192412 exports The strongest single-year export movement for HSN Code 72192412 was recorded in FY 2024-25, when exports surged by 175.00% over the prior year. ### India records a trade deficit of ₹0.81 Crore in HSN Code 72192412 goods In FY 2024-25, India's imports of ₹0.92 Cr exceeded exports of ₹0.11 Cr, resulting in a trade deficit of ₹0.81 Crore — ranking #7839 of 12657 by surplus magnitude. ### Import growth of 18.63% CAGR signals rising demand for Hot-Rolled Stainless Steel (<3mm, Chromium, 0.56-0.90mm) India's imports under HSN Code 72192412 have grown at 18.63% CAGR, reaching ₹0.92 Crore in FY 2024-25. ### HSN Code 72192412 contributes 0.00% of Sub-Chapter 7219 exports — ranked #45 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72192412 ranks #45 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #43). ## 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 | | #45 | HSN Code 72192412: Hot-Rolled Stainless Steel (<3mm, Chromium, 0.56-0.90mm) (this hsn code) | < ₹1 Crore |