--- title: "HSN Code for Sheets and plates: 3-4.75 mm thick | HSN 72199012 GST Rate" description: "Find HSN and GST Rates for 72199012 related to Sheets and plates: 3-4.75 mm thick with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72199012/" --- # HSN Code 72199012: Sheets and plates: 3-4.75 mm thick - [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 | | --- | --- | --- | --- | --- | | Other : Sheets and plates : Thickness 3 mm to 4.75 mm | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72199012 ? It includes Hot-Rolled Skelp for Pipes/Tubes (≥4.75mm) ### How should mixed supplies be billed when Sheets and plates: 3-4.75 mm thick is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Sheets and plates: 3-4.75 mm thick; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Sheets and plates: 3-4.75 mm thick? 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. ### Can we claim ITC on inputs used to trade Sheets and plates: 3-4.75 mm thick? 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 Sheets and plates: 3-4.75 mm thick? 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 Sheets and plates: 3-4.75 mm thick? Under HSN 72199012, Sheets and plates: 3-4.75 mm thick attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 72199012 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹143 Cr (−7.89% YoY) — 0.0039% of India's total exports - Imports: ₹6 Cr (−55.78% YoY) — 0.0001% of India's total imports - Trade balance: ₹137 Cr (Surplus); surplus rank #1384 of 12657 HSN codes - Share of Sub-Chapter 7219: 3.12% of its exports; import side 0.04% - Rank within Sub-Chapter 7219: #10 of 54 by export value; import-side #36 ### Key metrics - Export CAGR: -7.02% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2222 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +115.46% in FY 2021-22 - Contribution to Sub-Ch. 7219: 3.12% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72199012 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 | 220.87 | 0.0097% | — | 7.13% | 7.06 | 0.0002% | — | 0.15% | +213.81 | #1232 | | FY 2019-20 | 263.64 | 0.0120% | +19.36% | 7.76% | 9.00 | 0.0003% | +27.48% | 0.14% | +254.64 | #1097 | | FY 2020-21 | 161.16 | 0.0075% | −38.87% | 5.79% | 3.36 | 0.0001% | −62.67% | 0.09% | +157.80 | #1588 | | FY 2021-22 | 347.23 | 0.0111% | +115.46% | 4.84% | 6.82 | 0.0001% | +102.98% | 0.08% | +340.41 | #1152 | | FY 2022-23 | 155.43 | 0.0043% | −55.24% | 3.90% | 10.81 | 0.0002% | +58.50% | 0.08% | +144.62 | #2006 | | FY 2023-24 | 154.97 | 0.0043% | −0.30% | 2.67% | 13.66 | 0.0002% | +26.36% | 0.10% | +141.31 | #2070 | | FY 2024-25 | 142.74 | 0.0039% | −7.89% | 3.12% | 6.04 | 0.0001% | −55.78% | 0.04% | +136.70 | #2222 | - CAGR (7-year): exports -7.02%/yr, imports -2.57%/yr (consistently Surplus) ## Key trade insights: HSN Code 72199012 export-import analysis ### Export decline: -7.02% CAGR over 7 years India's exports under HSN Code 72199012 have declined at a compound annual rate of -7.02% over 7 fiscal years, falling from ₹220.87 Crore in FY 2018-19 to ₹142.74 Crore in FY 2024-25. ### HSN Code 72199012 ranked #2222 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72199012 ranks #2222 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #10 of 54. By trade surplus, it ranks #1384 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72199012 exports The strongest single-year export movement for HSN Code 72199012 was recorded in FY 2021-22, when exports surged by 115.46% over the prior year. ### India maintains a trade surplus of ₹136.70 Crore in HSN Code 72199012 goods In FY 2024-25, India's exports of ₹142.74 Cr exceeded imports of ₹6.04 Cr, resulting in a trade surplus of ₹136.70 Crore — ranking #1384 of 12657 by surplus magnitude. ### Import growth of -2.57% CAGR signals stable import dependency for Sheets and plates: 3-4.75 mm thick India's imports under HSN Code 72199012 have grown at -2.57% CAGR, reaching ₹6.04 Crore in FY 2024-25. ### HSN Code 72199012 contributes 3.12% of Sub-Chapter 7219 exports — ranked #10 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72199012 ranks #10 by export value — accounting for 3.12% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.04% share (rank #36). ## 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 (this hsn code) | ₹143 Cr |