--- title: "HSN Code for Cold-Rolled Stainless Steel (≥0.5mm – ≤1mm, Ni-Cr Austenitic) | HSN 72193320 GST Rate" description: "Find HSN and GST Rates for 72193320 related to Cold-Rolled Stainless Steel (≥0.5mm – ≤1mm, Ni-Cr Austenitic) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72193320/" --- # HSN Code 72193320: Cold-Rolled Stainless Steel (≥0.5mm – ≤1mm, 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 exceeding 1 mm but less than 3 mm : Nickel chromium austenitic type | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72193320 ? It includes Cold-Rolled Stainless Steel (≥3mm – <4.75mm, Chromium) ### Any common misclassification issue with Cold-Rolled Stainless Steel (≥0.5mm – ≤1mm, 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 much GST applies to Cold-Rolled Stainless Steel (≥0.5mm – ≤1mm, Ni-Cr Austenitic)? Under HSN 72193320, Cold-Rolled Stainless Steel (≥0.5mm – ≤1mm, Ni-Cr Austenitic) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Cold-Rolled Stainless Steel (≥0.5mm – ≤1mm, 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. ### Do e‑way bill and e‑invoice apply for Cold-Rolled Stainless Steel (≥0.5mm – ≤1mm, Ni-Cr Austenitic)? 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. ### Does packaging or labelling change the GST for Cold-Rolled Stainless Steel (≥0.5mm – ≤1mm, 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. ## India's trade performance: HSN Code 72193320 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹477 Cr (−45.98% YoY) — 0.0130% of India's total exports - Imports: ₹728 Cr (+63.80% YoY) — 0.0120% of India's total imports - Trade balance: −₹251 Cr (Deficit); surplus rank #11476 of 12657 HSN codes - Share of Sub-Chapter 7219: 10.43% of its exports; import side 4.23% - Rank within Sub-Chapter 7219: #4 of 54 by export value; import-side #8 ### Key metrics - Export CAGR: 4.32% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1051 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +189.55% in FY 2021-22 - Contribution to Sub-Ch. 7219: 10.43% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72193320 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 | 369.93 | 0.0162% | — | 11.95% | 149.14 | 0.0042% | — | 3.10% | +220.79 | #840 | | FY 2019-20 | 504.81 | 0.0229% | +36.46% | 14.85% | 195.41 | 0.0058% | +31.02% | 2.97% | +309.40 | #639 | | FY 2020-21 | 342.05 | 0.0159% | −32.24% | 12.28% | 73.62 | 0.0025% | −62.33% | 2.06% | +268.43 | #917 | | FY 2021-22 | 990.41 | 0.0316% | +189.55% | 13.81% | 217.96 | 0.0048% | +196.06% | 2.55% | +772.45 | #468 | | FY 2022-23 | 635.74 | 0.0176% | −35.81% | 15.94% | 503.58 | 0.0088% | +131.04% | 3.63% | +132.16 | #755 | | FY 2023-24 | 882.43 | 0.0244% | +38.80% | 15.19% | 444.42 | 0.0079% | −11.75% | 3.26% | +438.01 | #566 | | FY 2024-25 | 476.70 | 0.0130% | −45.98% | 10.43% | 727.96 | 0.0120% | +63.80% | 4.23% | −251.26 | #1051 | - CAGR (7-year): exports 4.32%/yr, imports 30.24%/yr (consistently Deficit) ## Key trade insights: HSN Code 72193320 export-import analysis ### Consistent export growth: 4.32% CAGR over 7 years India's exports under HSN Code 72193320 have grown at a compound annual rate of 4.32% over 7 fiscal years, rising from ₹369.93 Crore in FY 2018-19 to ₹476.70 Crore in FY 2024-25. ### HSN Code 72193320 ranked #1051 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72193320 ranks #1051 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #4 of 54. By trade surplus, it ranks #11476 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72193320 exports The strongest single-year export movement for HSN Code 72193320 was recorded in FY 2021-22, when exports surged by 189.55% over the prior year. ### India records a trade deficit of ₹251.26 Crore in HSN Code 72193320 goods In FY 2024-25, India's imports of ₹727.96 Cr exceeded exports of ₹476.70 Cr, resulting in a trade deficit of ₹251.26 Crore — ranking #11476 of 12657 by surplus magnitude. ### Import growth of 30.24% CAGR signals rising demand for Cold-Rolled Stainless Steel (≥0.5mm – ≤1mm, Ni-Cr Austenitic) India's imports under HSN Code 72193320 have grown at 30.24% CAGR, reaching ₹727.96 Crore in FY 2024-25. ### HSN Code 72193320 contributes 10.43% of Sub-Chapter 7219 exports — ranked #4 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72193320 ranks #4 by export value — accounting for 10.43% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.23% share (rank #8). ## 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) (this hsn code) | ₹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 |