HSN Code 72201129: Hot-Rolled Stainless Steel Strips (<4.75mm, Ni-Cr Austenitic)
HSN Code 72201129 represents Hot-Rolled Stainless Steel Strips (<4.75mm, Ni-Cr Austenitic) under GST classification. This code helps businesses identify Hot-Rolled Stainless Steel Strips (<4.75mm, Ni-Cr Austenitic) correctly for billing, taxation, and trade. With HSN Code 72201129, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-Rolled Stainless Steel Strips (<4.75mm, Ni-Cr Austenitic).
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Description of Goods for HSN Code 72201129
HSN Code 72201129 relates to the following description.
What does HSN Code 72201129 not include?
Hot-Rolled Stainless Steel Strips (<4.75mm, Ni-Cr Austenitic) does not include products with the following descriptions.
Not further worked than hot-rolled : Of a thickness of 4.75 mm or more : Skelp for pipes and tubes
Not further worked than hot-rolled : Of a thickness of 4.75 mm or more : Strips for pipes and tubes (other than skelp) : Chromium type
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
Not further worked than hot-rolled : Of a thickness of 4.75 mm or more : Other
Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Skelp for pipes and tubes
Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Strips for pipes and tubes (other than skelp) : Chromium type
Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Strips for pipes and tubes (other than skelp) : Nickel chromium austenitic type
Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Strips for pipes and tubes (other than skelp) : Other
Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Other
Not further worked than cold-rolled (cold- reduced) : Skelp for pipes and tubes
Not further worked than cold-rolled (cold- reduced) : Strips for pipes and tubes (other than skelp) : Chromium type
Not further worked than cold-rolled (cold- reduced) : Strips for pipes and tubes (other than skelp) : Nickel chromium austenitic type
Not further worked than cold-rolled (cold- reduced) : Strips for pipes and tubes (other than skelp) : Other
Not further worked than cold-rolled (cold- reduced) : Other
Other : Skelp (strips for pipes and tubes)
Other : Strips for pipes and tubes (other than skelp) : Chromium type
Other : Strips for pipes and tubes (other than skelp) : Nickel chromium austenitic type
Other : Strips for pipes and tubes (other than skelp) : Other
Other : Other
Not further worked than hot-rolled : Of a thickness of 4.75 mm or more : Skelp for pipes and tubes
Not further worked than hot-rolled : Of a thickness of 4.75 mm or more : Strips for pipes and tubes (other than skelp) : Chromium type
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
Not further worked than hot-rolled : Of a thickness of 4.75 mm or more : Other
Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Skelp for pipes and tubes
Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Strips for pipes and tubes (other than skelp) : Chromium type
Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Strips for pipes and tubes (other than skelp) : Nickel chromium austenitic type
Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Strips for pipes and tubes (other than skelp) : Other
Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Other
Not further worked than cold-rolled (cold- reduced) : Skelp for pipes and tubes
Not further worked than cold-rolled (cold- reduced) : Strips for pipes and tubes (other than skelp) : Chromium type
Not further worked than cold-rolled (cold- reduced) : Strips for pipes and tubes (other than skelp) : Nickel chromium austenitic type
Not further worked than cold-rolled (cold- reduced) : Strips for pipes and tubes (other than skelp) : Other
Not further worked than cold-rolled (cold- reduced) : Other
Other : Skelp (strips for pipes and tubes)
Other : Strips for pipes and tubes (other than skelp) : Chromium type
Other : Strips for pipes and tubes (other than skelp) : Nickel chromium austenitic type
Other : Strips for pipes and tubes (other than skelp) : Other
Other : Other
India’s Trade Performance — HSN Code 72201129 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #5224 of 12657 HSN codes
% of Sub-Chapter 7220
FY 2024-250.01%
Share of Sub-Chapter 7220’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 7220’s imports
Rank Within Sub-Chapter 7220
FY 2024-25#16 of 20
Position by export value among HSN codes in Sub-Chapter 7220
Import-side rank: #18 of 20
At a glance
−33.79%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9538
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+56.90%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.01%
Contribution to Sub-Ch. 7220
Share of Sub-Chapter 7220 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 72201129
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+1.87
Exports
1.90 ₹ Cr
0.0001% share
— YoY
0.24% of Sub-Ch. 7220
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7220
Balance
+1.06
Exports
1.90 ₹ Cr
0.0001% share
0.00% YoY
0.27% of Sub-Ch. 7220
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+2,700.00% YoY
0.04% of Sub-Ch. 7220
Balance
+1.15
Exports
1.20 ₹ Cr
0.0001% share
−36.84% YoY
0.16% of Sub-Ch. 7220
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−94.05% YoY
0.00% of Sub-Ch. 7220
Balance
−2.03
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−51.67% YoY
0.04% of Sub-Ch. 7220
Imports
2.61 ₹ Cr
0.0001% share
+5,120.00% YoY
0.10% of Sub-Ch. 7220
Balance
+0.88
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+56.90% YoY
0.05% of Sub-Ch. 7220
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−98.85% YoY
0.00% of Sub-Ch. 7220
Balance
+0.32
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−48.35% YoY
0.03% of Sub-Ch. 7220
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+400.00% YoY
0.01% of Sub-Ch. 7220
Balance
+0.11
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−65.96% YoY
0.01% of Sub-Ch. 7220
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−66.67% YoY
0.00% of Sub-Ch. 7220
CAGR · 7-Year
Exports
−33.79% /yr
Imports
8.89% /yr
reference, FY 2024-25
Export
₹1,424.68 Cr
Import
₹1,527.28 Cr
Trade Balance
−102.60
Key Trade Insights: HSN Code 72201129 Export-Import Analysis
Export Decline: −33.79% CAGR Over 7 Years
India's exports under HSN Code 72201129 have declined at a compound annual rate of −33.79% over 7 fiscal years, falling from ₹1.90 Crore in FY 2018-19 to ₹0.16 Crore in FY 2024-25.
HSN Code 72201129 Ranked #9538 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 72201129 ranks #9538 out of 12657 HSN codes by total export value. Within Sub-Chapter 7220, it ranks #16 of 20. By trade surplus, it ranks #5224 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 72201129 Exports
The strongest single-year export movement for HSN Code 72201129 was recorded in FY 2022-23, when exports surged by 56.90% over the prior year.
India Maintains a Trade Surplus of ₹0.11 Crore in HSN Code 72201129 Goods
In FY 2024-25, India's exports of ₹0.16 Cr exceeded imports of ₹0.05 Cr, resulting in a trade surplus of ₹0.11 Crore — ranking #5224 of 12657 by surplus magnitude.
Import Growth of 8.89% CAGR Signals Stable Import Dependency for Hot-Rolled Stainless Steel Strips (<4.75mm, Ni-Cr Austenitic)
India's imports under HSN Code 72201129 have grown at 8.89% CAGR, reaching ₹0.05 Crore in FY 2024-25.
HSN Code 72201129 Contributes 0.01% of Sub-Chapter 7220 Exports — Ranked #16
Among the 20 HSN codes under Sub-Chapter 7220, HSN Code 72201129 ranks #16 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #18).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 72201129 and GST compliance.
What products are classified under HSN 72201129 ?
It includes Hot-Rolled Chromium Steel Strips (< 4.75 mm)
How much GST applies to Hot-Rolled Stainless Steel Strips (<4.75mm, Ni-Cr Austenitic)?
Under HSN 72201129, Hot-Rolled Stainless Steel Strips (<4.75mm, Ni-Cr Austenitic) attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Hot-Rolled Stainless Steel Strips (<4.75mm, 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 Hot-Rolled Stainless Steel Strips (<4.75mm, 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.
How should mixed supplies be billed when Hot-Rolled Stainless Steel Strips (<4.75mm, 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 Hot-Rolled Stainless Steel Strips (<4.75mm, Ni-Cr Austenitic); Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Hot-Rolled Stainless Steel Strips (<4.75mm, 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.