HSN Code 72202022: Hot-Rolled Stainless Steel Strips (≥4.75mm, Chromium)

HSN Code 72202022 represents Hot-Rolled Stainless Steel Strips (≥4.75mm, Chromium) under GST classification. This code helps businesses identify Hot-Rolled Stainless Steel Strips (≥4.75mm, Chromium) correctly for billing, taxation, and trade. With HSN Code 72202022, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-Rolled Stainless Steel Strips (≥4.75mm, Chromium).

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Description of Goods for HSN Code 72202022

HSN Code 72202022 relates to the following description.

Description of Goods

Not further worked than cold-rolled (cold- reduced) : Strips for pipes and tubes (other than skelp) : Nickel chromium austenitic type

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 72202022 not include?

Hot-Rolled Stainless Steel Strips (≥4.75mm, Chromium) 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 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) : Other

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

India’s Trade Performance — HSN Code 72202022 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

₹535 Cr

+4.05% vs FY 2023-24

0.0145% of India’s total exports

India’s Imports

FY 2024-25

₹39 Cr

−11.80% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

₹495 Cr

Trade Surplus

Surplus rank #643 of 12657 HSN codes

% of Sub-Chapter 7220

FY 2024-25

37.52%

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

Import side: 2.58% of Sub-Chapter 7220’s imports

Rank Within Sub-Chapter 7220

FY 2024-25

#1 of 20

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

Import-side rank: #6 of 20

At a glance

16.62%

Export CAGR

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

#955

National Export Rank

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

+152.24%

Peak Growth Year

FY 2021-22 · strongest single-year move

37.52%

Contribution to Sub-Ch. 7220

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

India Export-Import Trade Statistics for HSN Code 72202022

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 #1267

Balance

+202.52

Exports

212.48 ₹ Cr

0.0093% share

YoY

26.54% of Sub-Ch. 7220

Imports

9.96 ₹ Cr

0.0003% share

YoY

0.54% of Sub-Ch. 7220

FY 2019-20 Exp. Rank #1220

Balance

+218.12

Exports

225.46 ₹ Cr

0.0102% share

+6.11% YoY

31.84% of Sub-Ch. 7220

Imports

7.34 ₹ Cr

0.0002% share

−26.31% YoY

0.39% of Sub-Ch. 7220

FY 2020-21 Exp. Rank #1327

Balance

+190.61

Exports

206.56 ₹ Cr

0.0096% share

−8.38% YoY

28.38% of Sub-Ch. 7220

Imports

15.95 ₹ Cr

0.0005% share

+117.30% YoY

0.88% of Sub-Ch. 7220

FY 2021-22 Exp. Rank #835

Balance

+478.06

Exports

521.02 ₹ Cr

0.0166% share

+152.24% YoY

36.61% of Sub-Ch. 7220

Imports

42.96 ₹ Cr

0.0009% share

+169.34% YoY

1.60% of Sub-Ch. 7220

FY 2022-23 Exp. Rank #691

Balance

+692.16

Exports

706.71 ₹ Cr

0.0195% share

+35.64% YoY

38.73% of Sub-Ch. 7220

Imports

14.55 ₹ Cr

0.0003% share

−66.13% YoY

0.60% of Sub-Ch. 7220

FY 2023-24 Exp. Rank #935

Balance

+469.04

Exports

513.69 ₹ Cr

0.0142% share

−27.31% YoY

33.15% of Sub-Ch. 7220

Imports

44.65 ₹ Cr

0.0008% share

+206.87% YoY

2.38% of Sub-Ch. 7220

FY 2024-25 Exp. Rank #955

Balance

+495.12

Exports

534.50 ₹ Cr

0.0145% share

+4.05% YoY

37.52% of Sub-Ch. 7220

Imports

39.38 ₹ Cr

0.0006% share

−11.80% YoY

2.58% of Sub-Ch. 7220

CAGR · 7-Year

Exports

16.62% /yr

Imports

25.75% /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 72202022 Export-Import Analysis

Consistent Export Growth: 16.62% CAGR Over 7 Years

India's exports under HSN Code 72202022 have grown at a compound annual rate of 16.62% over 7 fiscal years, rising from ₹212.48 Crore in FY 2018-19 to ₹534.50 Crore in FY 2024-25.

HSN Code 72202022 Ranked #955 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72202022 ranks #955 out of 12657 HSN codes by total export value. Within Sub-Chapter 7220, it ranks #1 of 20. By trade surplus, it ranks #643 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72202022 Exports

The strongest single-year export movement for HSN Code 72202022 was recorded in FY 2021-22, when exports surged by 152.24% over the prior year.

India Maintains a Trade Surplus of ₹495.12 Crore in HSN Code 72202022 Goods

In FY 2024-25, India's exports of ₹534.50 Cr exceeded imports of ₹39.38 Cr, resulting in a trade surplus of ₹495.12 Crore — ranking #643 of 12657 by surplus magnitude.

Import Growth of 25.75% CAGR Signals Rising Demand for Hot-Rolled Stainless Steel Strips (≥4.75mm, Chromium)

India's imports under HSN Code 72202022 have grown at 25.75% CAGR, reaching ₹39.38 Crore in FY 2024-25.

HSN Code 72202022 Contributes 37.52% of Sub-Chapter 7220 Exports — Ranked #1

Among the 20 HSN codes under Sub-Chapter 7220, HSN Code 72202022 ranks #1 by export value — accounting for 37.52% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.58% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72202022 and GST compliance.

What products are classified under HSN 72202022 ?

It includes Skelp| Strips For Pipes, Tubes

How much GST applies to Hot-Rolled Stainless Steel Strips (≥4.75mm, Chromium)?

Under HSN 72202022, Hot-Rolled Stainless Steel Strips (≥4.75mm, Chromium) 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, Chromium)?

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, Chromium)?

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

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 Hot-Rolled Stainless Steel Strips (≥4.75mm, Chromium) 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, Chromium); Nil for exempt items if applicable).

Any common misclassification issue with Hot-Rolled Stainless Steel Strips (≥4.75mm, Chromium)?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.