--- title: "HSN Code for Flat-Rolled Stainless Steel Products ≥ 600mm | Other | HSN 72199090 GST Rate" description: "Find HSN and GST Rates for 72199090 related to Flat-Rolled Stainless Steel Products ≥ 600mm | Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72199090/" --- # HSN Code 72199090: Flat-Rolled Stainless Steel Products ≥ 600mm | Other - [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 : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72199090 ? It includes Hot-Rolled Stainless Steel Strips (≥4.75mm, Other) ### Does packaging or labelling change the GST for Flat-Rolled Stainless Steel Products ≥ 600mm / Other? 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 Flat-Rolled Stainless Steel Products ≥ 600mm / Other? 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 Flat-Rolled Stainless Steel Products ≥ 600mm / Other? Under HSN 72199090, Flat-Rolled Stainless Steel Products ≥ 600mm / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Flat-Rolled Stainless Steel Products ≥ 600mm / Other? 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. ### Any common misclassification issue with Flat-Rolled Stainless Steel Products ≥ 600mm / Other? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 72199090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹22 Cr (+98.23% YoY) — 0.0006% of India's total exports - Imports: ₹1,121 Cr (−13.90% YoY) — 0.0185% of India's total imports - Trade balance: −₹1,099 Cr (Deficit); surplus rank #12239 of 12657 HSN codes - Share of Sub-Chapter 7219: 0.49% of its exports; import side 6.51% - Rank within Sub-Chapter 7219: #22 of 54 by export value; import-side #7 ### Key metrics - Export CAGR: -5.77% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4722 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +98.23% in FY 2024-25 - Contribution to Sub-Ch. 7219: 0.49% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72199090 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 | 31.94 | 0.0014% | — | 1.03% | 615.68 | 0.0172% | — | 12.78% | −583.74 | #3493 | | FY 2019-20 | 25.85 | 0.0012% | −19.07% | 0.76% | 554.44 | 0.0166% | −9.95% | 8.43% | −528.59 | #3781 | | FY 2020-21 | 18.04 | 0.0008% | −30.21% | 0.65% | 580.94 | 0.0199% | +4.78% | 16.24% | −562.90 | #4339 | | FY 2021-22 | 16.72 | 0.0005% | −7.32% | 0.23% | 905.16 | 0.0198% | +55.81% | 10.60% | −888.44 | #4827 | | FY 2022-23 | 12.83 | 0.0004% | −23.27% | 0.32% | 1,210.51 | 0.0211% | +33.73% | 8.73% | −1,197.68 | #5312 | | FY 2023-24 | 11.28 | 0.0003% | −12.08% | 0.19% | 1,302.01 | 0.0232% | +7.56% | 9.56% | −1,290.73 | #5572 | | FY 2024-25 | 22.36 | 0.0006% | +98.23% | 0.49% | 1,120.99 | 0.0185% | −13.90% | 6.51% | −1,098.63 | #4722 | - CAGR (7-year): exports -5.77%/yr, imports 10.50%/yr (consistently Deficit) ## Key trade insights: HSN Code 72199090 export-import analysis ### Export decline: -5.77% CAGR over 7 years India's exports under HSN Code 72199090 have declined at a compound annual rate of -5.77% over 7 fiscal years, falling from ₹31.94 Crore in FY 2018-19 to ₹22.36 Crore in FY 2024-25. ### HSN Code 72199090 ranked #4722 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72199090 ranks #4722 out of 12657 HSN codes by total export value. Within Sub-Chapter 7219, it ranks #22 of 54. By trade surplus, it ranks #12239 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 72199090 exports The strongest single-year export movement for HSN Code 72199090 was recorded in FY 2024-25, when exports surged by 98.23% over the prior year. ### India records a trade deficit of ₹1,098.63 Crore in HSN Code 72199090 goods In FY 2024-25, India's imports of ₹1,120.99 Cr exceeded exports of ₹22.36 Cr, resulting in a trade deficit of ₹1,098.63 Crore — ranking #12239 of 12657 by surplus magnitude. ### Import growth of 10.50% CAGR signals rising demand for Flat-Rolled Stainless Steel Products ≥ 600mm | Other India's imports under HSN Code 72199090 have grown at 10.50% CAGR, reaching ₹1,120.99 Crore in FY 2024-25. ### HSN Code 72199090 contributes 0.49% of Sub-Chapter 7219 exports — ranked #22 Among the 54 HSN codes under Sub-Chapter 7219, HSN Code 72199090 ranks #22 by export value — accounting for 0.49% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.51% share (rank #7). ## 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 | | #22 | HSN Code 72199090: Flat-Rolled Stainless Steel Products ≥ 600mm \| Other (this hsn code) | ₹22 Cr |