HSN Code 72201290: Other Hot-Rolled Stainless Steel (<4.75mm)

HSN Code 72201290 represents Other Hot-Rolled Stainless Steel (<4.75mm) under GST classification. This code helps businesses identify Other Hot-Rolled Stainless Steel (<4.75mm) correctly for billing, taxation, and trade. With HSN Code 72201290, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Hot-Rolled Stainless Steel (<4.75mm).

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Description of Goods for HSN Code 72201290

HSN Code 72201290 relates to the following description.

Description of Goods

Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Other

Chapter

72 - Iron and steel

Sub Chapter

7220 - Flat-rolled products of stainless steel, of a width of less than 600 mm

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72201290 not include?

Other Hot-Rolled Stainless Steel (<4.75mm) 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 : Strips for pipes and tubes (other than skelp) : Other

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 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

Other : Strips for pipes and tubes (other than skelp) : Nickel chromium austenitic type

India’s Trade Performance — HSN Code 72201290 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹11 Cr

−31.29% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹11 Cr

+96.83% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4839 of 12657 HSN codes

% of Sub-Chapter 7220

FY 2024-25

0.77%

Share of Sub-Chapter 7220’s total exports in FY 2024-25

Import side: 0.69% of Sub-Chapter 7220’s imports

Rank Within Sub-Chapter 7220

FY 2024-25

#10 of 20

Position by export value among HSN codes in Sub-Chapter 7220

Import-side rank: #10 of 20

At a glance

−5.91%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#5686

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+38.34%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.77%

Contribution to Sub-Ch. 7220

Share of Sub-Chapter 7220 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72201290

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #4393

Balance

−1.92

Exports

15.85 ₹ Cr

0.0007% share

YoY

1.98% of Sub-Ch. 7220

Imports

17.77 ₹ Cr

0.0005% share

YoY

0.97% of Sub-Ch. 7220

FY 2019-20 Exp. Rank #4608

Balance

−14.08

Exports

13.75 ₹ Cr

0.0006% share

−13.25% YoY

1.94% of Sub-Ch. 7220

Imports

27.83 ₹ Cr

0.0008% share

+56.61% YoY

1.47% of Sub-Ch. 7220

FY 2020-21 Exp. Rank #5278

Balance

−16.25

Exports

8.66 ₹ Cr

0.0004% share

−37.02% YoY

1.19% of Sub-Ch. 7220

Imports

24.91 ₹ Cr

0.0009% share

−10.49% YoY

1.37% of Sub-Ch. 7220

FY 2021-22 Exp. Rank #5252

Balance

+4.47

Exports

11.98 ₹ Cr

0.0004% share

+38.34% YoY

0.84% of Sub-Ch. 7220

Imports

7.51 ₹ Cr

0.0002% share

−69.85% YoY

0.28% of Sub-Ch. 7220

FY 2022-23 Exp. Rank #5075

Balance

+6.79

Exports

14.94 ₹ Cr

0.0004% share

+24.71% YoY

0.82% of Sub-Ch. 7220

Imports

8.15 ₹ Cr

0.0001% share

+8.52% YoY

0.33% of Sub-Ch. 7220

FY 2023-24 Exp. Rank #5082

Balance

+10.65

Exports

16.01 ₹ Cr

0.0004% share

+7.16% YoY

1.03% of Sub-Ch. 7220

Imports

5.36 ₹ Cr

0.0001% share

−34.23% YoY

0.29% of Sub-Ch. 7220

FY 2024-25 Exp. Rank #5686

Balance

+0.45

Exports

11.00 ₹ Cr

0.0003% share

−31.29% YoY

0.77% of Sub-Ch. 7220

Imports

10.55 ₹ Cr

0.0002% share

+96.83% YoY

0.69% of Sub-Ch. 7220

CAGR · 7-Year

Exports

−5.91% /yr

Imports

−8.32% /yr

Consistently Surplus
Sub-Chapter 7220 total

reference, FY 2024-25

Export

₹1,424.68 Cr

Import

₹1,527.28 Cr

Trade Balance

−102.60

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72201290 Export-Import Analysis

Export Decline: −5.91% CAGR Over 7 Years

India's exports under HSN Code 72201290 have declined at a compound annual rate of −5.91% over 7 fiscal years, falling from ₹15.85 Crore in FY 2018-19 to ₹11.00 Crore in FY 2024-25.

HSN Code 72201290 Ranked #5686 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72201290 ranks #5686 out of 12657 HSN codes by total export value. Within Sub-Chapter 7220, it ranks #10 of 20. By trade surplus, it ranks #4839 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72201290 Exports

The strongest single-year export movement for HSN Code 72201290 was recorded in FY 2021-22, when exports surged by 38.34% over the prior year.

India Maintains a Trade Surplus of ₹0.45 Crore in HSN Code 72201290 Goods

In FY 2024-25, India's exports of ₹11.00 Cr exceeded imports of ₹10.55 Cr, resulting in a trade surplus of ₹0.45 Crore — ranking #4839 of 12657 by surplus magnitude.

Import Growth of −8.32% CAGR Signals Stable Import Dependency for Other Hot-Rolled Stainless Steel (<4.75mm)

India's imports under HSN Code 72201290 have grown at −8.32% CAGR, reaching ₹10.55 Crore in FY 2024-25.

HSN Code 72201290 Contributes 0.77% of Sub-Chapter 7220 Exports — Ranked #10

Among the 20 HSN codes under Sub-Chapter 7220, HSN Code 72201290 ranks #10 by export value — accounting for 0.77% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.69% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72201290 and GST compliance.

What products are classified under HSN 72201290 ?

It includes Hot-Rolled Stainless Steel Strips (≥4.75mm, Chromium)

Can we claim ITC on inputs used to trade Other Hot-Rolled Stainless Steel (<4.75mm)?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How should mixed supplies be billed when Other Hot-Rolled Stainless Steel (<4.75mm) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Hot-Rolled Stainless Steel (<4.75mm); Nil for exempt items if applicable).

Any common misclassification issue with Other Hot-Rolled Stainless Steel (<4.75mm)?

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 Other Hot-Rolled Stainless Steel (<4.75mm)?

Under HSN 72201290, Other Hot-Rolled Stainless Steel (<4.75mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Other Hot-Rolled Stainless Steel (<4.75mm)?

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 Other Hot-Rolled Stainless Steel (<4.75mm)?

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.