HSN Code 72192429: Cold-Rolled Steel Strip (>1mm – <3mm)

HSN Code 72192429 represents Cold-Rolled Steel Strip (>1mm – <3mm) under GST classification. This code helps businesses identify Cold-Rolled Steel Strip (>1mm – <3mm) correctly for billing, taxation, and trade. With HSN Code 72192429, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cold-Rolled Steel Strip (>1mm – <3mm).

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 72192429

HSN Code 72192429 relates to the following description.

Description of Goods

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

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 72192429 not include?

Cold-Rolled Steel Strip (>1mm – <3mm) 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 : Nickel chromium austenitic 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 : 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 72192429 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

< ₹1 Crore

−46.43% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

−2.42% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #7933 of 12657 HSN codes

% of Sub-Chapter 7219

FY 2024-25

0.00%

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

Import side: 0.01% of Sub-Chapter 7219’s imports

Rank Within Sub-Chapter 7219

FY 2024-25

#43 of 54

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

Import-side rank: #41 of 54

At a glance

13.54%

Export CAGR

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

#9570

National Export Rank

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

+933.33%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.00%

Contribution to Sub-Ch. 7219

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #9371

Balance

−5.80

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7219

Imports

5.87 ₹ Cr

0.0002% share

YoY

0.12% of Sub-Ch. 7219

FY 2019-20 Exp. Rank #9613

Balance

−2.94

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−57.14% YoY

0.00% of Sub-Ch. 7219

Imports

2.97 ₹ Cr

0.0001% share

−49.40% YoY

0.05% of Sub-Ch. 7219

FY 2020-21 Exp. Rank #8580

Balance

−1.67

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+933.33% YoY

0.01% of Sub-Ch. 7219

Imports

1.98 ₹ Cr

0.0001% share

−33.33% YoY

0.06% of Sub-Ch. 7219

FY 2021-22 Exp. Rank #8183

Balance

−0.27

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+158.06% YoY

0.01% of Sub-Ch. 7219

Imports

1.07 ₹ Cr

0.0000% share

−45.96% YoY

0.01% of Sub-Ch. 7219

FY 2022-23 Exp. Rank #9168

Balance

+0.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−70.00% YoY

0.01% of Sub-Ch. 7219

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−89.72% YoY

0.00% of Sub-Ch. 7219

FY 2023-24 Exp. Rank #9231

Balance

−0.96

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+16.67% YoY

0.00% of Sub-Ch. 7219

Imports

1.24 ₹ Cr

0.0000% share

+1,027.27% YoY

0.01% of Sub-Ch. 7219

FY 2024-25 Exp. Rank #9570

Balance

−1.06

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−46.43% YoY

0.00% of Sub-Ch. 7219

Imports

1.21 ₹ Cr

0.0000% share

−2.42% YoY

0.01% of Sub-Ch. 7219

CAGR · 7-Year

Exports

13.54% /yr

Imports

−23.14% /yr

Consistently Deficit
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 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).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 72192429 and GST compliance.

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.

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.