--- title: "HSN Code for Cold-Rolled Steel Strip (>1mm – <3mm) | HSN 72192429 GST Rate" description: "Find HSN and GST Rates for 72192429 related to Cold-Rolled Steel Strip (>1mm – <3mm) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72192429/" --- # HSN Code 72192429: Cold-Rolled Steel Strip (>1mm – <3mm) - [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 : Nickel chromium austenitic type, of a thickness : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72192429 ? It includes Cold-Rolled Stainless Steel (≥4.75mm, Chromium, ≤14mm) ### Any common misclassification issue with Cold-Rolled Steel Strip (>1mm – <3mm)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Cold-Rolled Steel Strip (>1mm – <3mm)? 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 Cold-Rolled Steel Strip (>1mm – <3mm)? 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 Cold-Rolled Steel Strip (>1mm – <3mm)? Under HSN 72192429, Cold-Rolled Steel Strip (>1mm – <3mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Cold-Rolled Steel Strip (>1mm – <3mm)? 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 72192429 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−46.43% YoY) — 0.0000% of India's total exports - Imports: ₹1 Cr (−2.42% YoY) — 0.0000% of India's total imports - Trade balance: −₹1 Cr (Deficit); surplus rank #7933 of 12657 HSN codes - Share of Sub-Chapter 7219: 0.00% of its exports; import side 0.01% - Rank within Sub-Chapter 7219: #43 of 54 by export value; import-side #41 ### Key metrics - Export CAGR: 13.54% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9570 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +933.33% in FY 2020-21 - Contribution to Sub-Ch. 7219: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72192429 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 Crore | 0.0000% | — | 0.00% | 5.87 | 0.0002% | — | 0.12% | −5.80 | #9371 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −57.14% | 0.00% | 2.97 | 0.0001% | −49.40% | 0.05% | −2.94 | #9613 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +933.33% | 0.01% | 1.98 | 0.0001% | −33.33% | 0.06% | −1.67 | #8580 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +158.06% | 0.01% | 1.07 | 0.0000% | −45.96% | 0.01% | −0.27 | #8183 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −70.00% | 0.01% | < ₹1 Crore | 0.0000% | −89.72% | 0.00% | +0.13 | #9168 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +16.67% | 0.00% | 1.24 | 0.0000% | +1,027.27% | 0.01% | −0.96 | #9231 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −46.43% | 0.00% | 1.21 | 0.0000% | −2.42% | 0.01% | −1.06 | #9570 | - CAGR (7-year): exports 13.54%/yr, imports -23.14%/yr (consistently Deficit) ## Key trade insights: HSN Code 72192429 export-import analysis ### Consistent export growth: 13.54% CAGR over 7 years India's exports under HSN Code 72192429 have grown at a compound annual rate of 13.54% over 7 fiscal years, rising from ₹0.07 Crore in FY 2018-19 to ₹0.15 Crore in FY 2024-25. ### HSN Code 72192429 ranked #9570 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72192429 ranks #9570 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #43 of 54. By trade surplus, it ranks #7933 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 72192429 exports The strongest single-year export movement for HSN Code 72192429 was recorded in FY 2020-21, when exports surged by 933.33% over the prior year. ### India records a trade deficit of ₹1.06 Crore in HSN Code 72192429 goods In FY 2024-25, India's imports of ₹1.21 Cr exceeded exports of ₹0.15 Cr, resulting in a trade deficit of ₹1.06 Crore — ranking #7933 of 12657 by surplus magnitude. ### Import growth of -23.14% CAGR signals stable import dependency for Cold-Rolled Steel Strip (>1mm – <3mm) India's imports under HSN Code 72192429 have grown at -23.14% CAGR, reaching ₹1.21 Crore in FY 2024-25. ### HSN Code 72192429 contributes 0.00% of Sub-Chapter 7219 exports — ranked #43 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72192429 ranks #43 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 #41). ## 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 | | #43 | HSN Code 72192429: Cold-Rolled Steel Strip (>1mm – <3mm) (this hsn code) | < ₹1 Crore |