--- title: "HSN Code for Hot-Rolled Stainless Steel Strips (≥4.75mm, Other) | HSN 72201122 GST Rate" description: "Find HSN and GST Rates for 72201122 related to Hot-Rolled Stainless Steel Strips (≥4.75mm, Other) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72201122/" --- # HSN Code 72201122: Hot-Rolled Stainless Steel Strips (≥4.75mm, 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 7220: Stainless steel flat products](https://busy.in/hsn/sub-chapter-7220/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Not further worked than hot-rolled : Of a thickness of 4.75 mm or more : Strips for pipes and tubes (other than skelp) : Nickel chromium austenitic type | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72201122 ? It includes Aluminium Flat-Rolled Products ### Do e‑way bill and e‑invoice apply for Hot-Rolled Stainless Steel Strips (≥4.75mm, 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. ### Does packaging or labelling change the GST for Hot-Rolled Stainless Steel Strips (≥4.75mm, 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. ### How much GST applies to Hot-Rolled Stainless Steel Strips (≥4.75mm, Other)? Under HSN 72201122, Hot-Rolled Stainless Steel Strips (≥4.75mm, Other) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Hot-Rolled Stainless Steel Strips (≥4.75mm, Other)? 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 Hot-Rolled Stainless Steel Strips (≥4.75mm, 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 72201122 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹17 Cr (+320.76% YoY) — 0.0005% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: ₹17 Cr (Surplus); surplus rank #2957 of 12657 HSN codes - Share of Sub-Chapter 7220: 1.17% of its exports; import side 0.00% - Rank within Sub-Chapter 7220: #8 of 20 by export value ### Key metrics - Export CAGR: 70.78% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5121 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +3,590.00% in FY 2021-22 - Contribution to Sub-Ch. 7220: 1.17% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72201122 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. 7220 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7220 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.08% | < ₹1 Crore | 0.0000% | — | 0.00% | +0.60 | #7951 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −88.06% | 0.01% | Nil | 0.0000% | −100.00% | 0.00% | +0.08 | #9279 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +25.00% | 0.01% | < ₹1 Crore | 0.0000% | — | 0.01% | −0.03 | #9236 | | FY 2021-22 | 3.69 | 0.0001% | +3,590.00% | 0.26% | < ₹1 Crore | 0.0000% | −61.54% | 0.00% | +3.64 | #6691 | | FY 2022-23 | 11.08 | 0.0003% | +200.27% | 0.61% | < ₹1 Crore | 0.0000% | +60.00% | 0.00% | +11.00 | #5494 | | FY 2023-24 | 3.95 | 0.0001% | −64.35% | 0.25% | Nil | 0.0000% | −100.00% | 0.00% | +3.95 | #6853 | | FY 2024-25 | 16.62 | 0.0005% | +320.76% | 1.17% | Nil | 0.0000% | — | 0.00% | +16.62 | #5121 | - CAGR (7-year): exports 70.78%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 72201122 export-import analysis ### Consistent export growth: 70.78% CAGR over 7 years India's exports under HSN Code 72201122 have grown at a compound annual rate of 70.78% over 7 fiscal years, rising from ₹0.67 Crore in FY 2018-19 to ₹16.62 Crore in FY 2024-25. ### HSN Code 72201122 ranked #5121 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72201122 ranks #5121 out of 12657 HSN codes by total export value. Within Sub-Chapter 7220, it ranks #8 of 20. By trade surplus, it ranks #2957 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72201122 exports The strongest single-year export movement for HSN Code 72201122 was recorded in FY 2021-22, when exports surged by 3,590.00% over the prior year. ### India maintains a trade surplus of ₹16.62 Crore in HSN Code 72201122 goods In FY 2024-25, India's exports of ₹16.62 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹16.62 Crore — ranking #2957 of 12657 by surplus magnitude. ### HSN Code 72201122 contributes 1.17% of Sub-Chapter 7220 exports — ranked #8 Among the 20 HSN codes under Sub-Chapter 7220, HSN Code 72201122 ranks #8 by export value — accounting for 1.17% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 7220 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72202022: Hot-Rolled Stainless Steel Strips (≥4.75mm, Chromium)](https://busy.in/hsn/hsn-72202022/) | ₹535 Cr | | #2 | [HSN Code 72202029: Other Aluminium Flat Products](https://busy.in/hsn/hsn-72202029/) | ₹322 Cr | | #3 | [HSN Code 72202021: Cold-Rolled Stainless Steel Strips (Ni-Cr Austenitic)](https://busy.in/hsn/hsn-72202021/) | ₹258 Cr | | #4 | [HSN Code 72201190: Hot-Rolled Steel Plates ≥ 4.75 mm Thickness, Not Further Worked](https://busy.in/hsn/hsn-72201190/) | ₹107 Cr | | #5 | [HSN Code 72202090: Cold-rolled: Other](https://busy.in/hsn/hsn-72202090/) | ₹103 Cr | | #6 | [HSN Code 72201121: Hot-Rolled Stainless Steel Strips (≥4.75mm, Ni-Cr Austenitic)](https://busy.in/hsn/hsn-72201121/) | ₹33 Cr | | #7 | [HSN Code 72201222: Hot-Rolled Stainless Steel Strips (<4.75mm, Other)](https://busy.in/hsn/hsn-72201222/) | ₹19 Cr | | #8 | HSN Code 72201122: Hot-Rolled Stainless Steel Strips (≥4.75mm, Other) (this hsn code) | ₹17 Cr | | #9 | [HSN Code 72209090: Flat-Rolled Stainless Steel (<600mm Width) \| Other](https://busy.in/hsn/hsn-72209090/) | ₹14 Cr | | #10 | [HSN Code 72201290: Other Hot-Rolled Stainless Steel (<4.75mm)](https://busy.in/hsn/hsn-72201290/) | ₹11 Cr |