--- title: "HSN Code for Hot-Rolled Chromium Steel Strips (< 4.75 mm) | HSN 72201221 GST Rate" description: "Find HSN and GST Rates for 72201221 related to Hot-Rolled Chromium Steel Strips (< 4.75 mm) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72201221/" --- # HSN Code 72201221: Hot-Rolled Chromium Steel Strips (< 4.75 mm) - [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 less than 4.75 mm : Strips for pipes and tubes (other than skelp) : Chromium type | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72201221 ? It includes Other Hot-Rolled Stainless Steel (<4.75mm) ### Can we claim ITC on inputs used to trade Hot-Rolled Chromium Steel Strips (< 4.75 mm)? 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 Hot-Rolled Chromium Steel Strips (< 4.75 mm)? Under HSN 72201221, Hot-Rolled Chromium Steel Strips (< 4.75 mm) 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 Chromium Steel Strips (< 4.75 mm)? 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 Hot-Rolled Chromium Steel Strips (< 4.75 mm)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Hot-Rolled Chromium Steel Strips (< 4.75 mm)? 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 72201221 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹4 Cr (+9.11% YoY) — 0.0001% of India's total exports - Imports: < ₹1 Crore (+326.67% YoY) — 0.0000% of India's total imports - Trade balance: ₹4 Cr (Surplus); surplus rank #3893 of 12657 HSN codes - Share of Sub-Chapter 7220: 0.31% of its exports; import side 0.04% - Rank within Sub-Chapter 7220: #11 of 20 by export value; import-side #16 ### Key metrics - Export CAGR: 88.11% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6770 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +8,020.00% in FY 2023-24 - Contribution to Sub-Ch. 7220: 0.31% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72201221 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% | — | 0.01% | < ₹1 Crore | 0.0000% | — | 0.04% | −0.59 | #9190 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | −42.03% | 0.02% | −0.40 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.03% | Nil | 0.0000% | −100.00% | 0.00% | +0.24 | #8755 | | FY 2021-22 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2022-23 | < ₹1 Crore | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | +0.05 | #9890 | | FY 2023-24 | 4.06 | 0.0001% | +8,020.00% | 0.26% | < ₹1 Crore | 0.0000% | — | 0.01% | +3.91 | #6821 | | FY 2024-25 | 4.43 | 0.0001% | +9.11% | 0.31% | < ₹1 Crore | 0.0000% | +326.67% | 0.04% | +3.79 | #6770 | - CAGR (7-year): exports 88.11%/yr, imports -1.25%/yr (consistently Surplus) ## Key trade insights: HSN Code 72201221 export-import analysis ### Consistent export growth: 88.11% CAGR over 7 years India's exports under HSN Code 72201221 have grown at a compound annual rate of 88.11% over 7 fiscal years, rising from ₹0.10 Crore in FY 2018-19 to ₹4.43 Crore in FY 2024-25. ### HSN Code 72201221 ranked #6770 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72201221 ranks #6770 out of 12657 HSN codes by total export value. Within Sub-Chapter 7220, it ranks #11 of 20. By trade surplus, it ranks #3893 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 72201221 exports The strongest single-year export movement for HSN Code 72201221 was recorded in FY 2023-24, when exports surged by 8,020.00% over the prior year. ### India maintains a trade surplus of ₹3.79 Crore in HSN Code 72201221 goods In FY 2024-25, India's exports of ₹4.43 Cr exceeded imports of ₹0.64 Cr, resulting in a trade surplus of ₹3.79 Crore — ranking #3893 of 12657 by surplus magnitude. ### Import growth of -1.25% CAGR signals stable import dependency for Hot-Rolled Chromium Steel Strips (< 4.75 mm) India's imports under HSN Code 72201221 have grown at -1.25% CAGR, reaching ₹0.64 Crore in FY 2024-25. ### HSN Code 72201221 contributes 0.31% of Sub-Chapter 7220 exports — ranked #11 Among the 20 HSN codes under Sub-Chapter 7220, HSN Code 72201221 ranks #11 by export value — accounting for 0.31% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.04% share (rank #16). ## 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)](https://busy.in/hsn/hsn-72201122/) | ₹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 | | #11 | HSN Code 72201221: Hot-Rolled Chromium Steel Strips (< 4.75 mm) (this hsn code) | ₹4 Cr |