--- title: "HSN Code for Cold-Rolled Stainless Steel (<0.5mm, Ni-Cr Austenitic) | HSN 72193121 GST Rate" description: "Find HSN and GST Rates for 72193121 related to Cold-Rolled Stainless Steel (<0.5mm, Ni-Cr Austenitic) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72193121/" --- # HSN Code 72193121: Cold-Rolled Stainless Steel (<0.5mm, Ni-Cr Austenitic) - [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 cold-rolled (cold reduced) : Of a thickness of 4.75 mm or more : Nickel chromium austenitic type : Not exceeding 14 mm | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72193121 ? It includes Cold-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr Austenitic) ### Can we claim ITC on inputs used to trade Cold-Rolled Stainless Steel (<0.5mm, Ni-Cr Austenitic)? 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 Stainless Steel (<0.5mm, Ni-Cr Austenitic)? Under HSN 72193121, Cold-Rolled Stainless Steel (<0.5mm, Ni-Cr Austenitic) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Cold-Rolled Stainless Steel (<0.5mm, Ni-Cr Austenitic)? 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 Cold-Rolled Stainless Steel (<0.5mm, Ni-Cr Austenitic)? 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 Cold-Rolled Stainless Steel (<0.5mm, Ni-Cr Austenitic) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cold-Rolled Stainless Steel (<0.5mm, Ni-Cr Austenitic); Nil for exempt items if applicable). ## India's trade performance: HSN Code 72193121 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹53 Cr (−4.33% YoY) — 0.0014% of India's total exports - Imports: ₹10 Cr (+25.31% YoY) — 0.0002% of India's total imports - Trade balance: ₹43 Cr (Surplus); surplus rank #2276 of 12657 HSN codes - Share of Sub-Chapter 7219: 1.15% of its exports; import side 0.06% - Rank within Sub-Chapter 7219: #16 of 54 by export value; import-side #35 ### Key metrics - Export CAGR: 8.36% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3554 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +204.98% in FY 2021-22 - Contribution to Sub-Ch. 7219: 1.15% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72193121 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 | 32.51 | 0.0014% | — | 1.05% | 8.48 | 0.0002% | — | 0.18% | +24.03 | #3461 | | FY 2019-20 | 47.66 | 0.0022% | +46.60% | 1.40% | 12.09 | 0.0004% | +42.57% | 0.18% | +35.57 | #2948 | | FY 2020-21 | 36.31 | 0.0017% | −23.81% | 1.30% | 10.77 | 0.0004% | −10.92% | 0.30% | +25.54 | #3399 | | FY 2021-22 | 110.74 | 0.0035% | +204.98% | 1.54% | 11.77 | 0.0003% | +9.29% | 0.14% | +98.97 | #2271 | | FY 2022-23 | 41.38 | 0.0011% | −62.63% | 1.04% | 12.41 | 0.0002% | +5.44% | 0.09% | +28.97 | #3724 | | FY 2023-24 | 55.02 | 0.0015% | +32.96% | 0.95% | 8.02 | 0.0001% | −35.37% | 0.06% | +47.00 | #3391 | | FY 2024-25 | 52.64 | 0.0014% | −4.33% | 1.15% | 10.05 | 0.0002% | +25.31% | 0.06% | +42.59 | #3554 | - CAGR (7-year): exports 8.36%/yr, imports 2.87%/yr (consistently Surplus) ## Key trade insights: HSN Code 72193121 export-import analysis ### Consistent export growth: 8.36% CAGR over 7 years India's exports under HSN Code 72193121 have grown at a compound annual rate of 8.36% over 7 fiscal years, rising from ₹32.51 Crore in FY 2018-19 to ₹52.64 Crore in FY 2024-25. ### HSN Code 72193121 ranked #3554 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72193121 ranks #3554 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #16 of 54. By trade surplus, it ranks #2276 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72193121 exports The strongest single-year export movement for HSN Code 72193121 was recorded in FY 2021-22, when exports surged by 204.98% over the prior year. ### India maintains a trade surplus of ₹42.59 Crore in HSN Code 72193121 goods In FY 2024-25, India's exports of ₹52.64 Cr exceeded imports of ₹10.05 Cr, resulting in a trade surplus of ₹42.59 Crore — ranking #2276 of 12657 by surplus magnitude. ### Import growth of 2.87% CAGR signals stable import dependency for Cold-Rolled Stainless Steel (<0.5mm, Ni-Cr Austenitic) India's imports under HSN Code 72193121 have grown at 2.87% CAGR, reaching ₹10.05 Crore in FY 2024-25. ### HSN Code 72193121 contributes 1.15% of Sub-Chapter 7219 exports — ranked #16 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72193121 ranks #16 by export value — accounting for 1.15% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.06% share (rank #35). ## 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 | | #16 | HSN Code 72193121: Cold-Rolled Stainless Steel (<0.5mm, Ni-Cr Austenitic) (this hsn code) | ₹53 Cr |