--- title: "HSN Code for Other Bright Stainless Steel Bars | HSN 72210019 GST Rate" description: "Find HSN and GST Rates for 72210019 related to Other Bright Stainless Steel Bars with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72210019/" --- # HSN Code 72210019: Other Bright Stainless Steel Bars - [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 7221: Stainless steel bars and rods](https://busy.in/hsn/sub-chapter-7221/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Bars and rods, hot-rolled, in irregularly wound coils, of stainless steel : Bright bars : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72210019 ? It includes Bright Ni-Cr Austenitic Steel Bars (Circular) ### How much GST applies to Other Bright Stainless Steel Bars? Under HSN 72210019, Other Bright Stainless Steel Bars attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Other Bright Stainless Steel Bars is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Bright Stainless Steel Bars; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Other Bright Stainless Steel Bars? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Other Bright Stainless Steel Bars? 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 Other Bright Stainless Steel Bars? 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 72210019 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹45 Cr (+4,223.81% YoY) — 0.0012% of India's total exports - Imports: ₹77 Cr (+93.93% YoY) — 0.0013% of India's total imports - Trade balance: −₹32 Cr (Deficit); surplus rank #9879 of 12657 HSN codes - Share of Sub-Chapter 7221: 4.69% of its exports; import side 21.18% - Rank within Sub-Chapter 7221: #4 of 4 by export value; import-side #2 ### Key metrics - Export CAGR: 64.39% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3752 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +4,223.81% in FY 2024-25 - Contribution to Sub-Ch. 7221: 4.69% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72210019 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. 7221 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7221 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 2.30 | 0.0001% | — | 0.42% | 9.56 | 0.0003% | — | 1.78% | −7.26 | #6794 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −83.48% | 0.07% | 31.48 | 0.0009% | +229.29% | 7.44% | −31.10 | #8414 | | FY 2020-21 | 2.39 | 0.0001% | +528.95% | 0.34% | 69.09 | 0.0024% | +119.47% | 17.24% | −66.70 | #6775 | | FY 2021-22 | 1.22 | 0.0000% | −48.95% | 0.09% | 69.59 | 0.0015% | +0.72% | 14.37% | −68.37 | #7813 | | FY 2022-23 | 5.19 | 0.0001% | +325.41% | 0.34% | 85.31 | 0.0015% | +22.59% | 21.23% | −80.12 | #6418 | | FY 2023-24 | 1.05 | 0.0000% | −79.77% | 0.12% | 39.68 | 0.0007% | −53.49% | 12.55% | −38.63 | #8208 | | FY 2024-25 | 45.40 | 0.0012% | +4,223.81% | 4.69% | 76.95 | 0.0013% | +93.93% | 21.18% | −31.55 | #3752 | - CAGR (7-year): exports 64.39%/yr, imports 41.57%/yr (consistently Deficit) ## Key trade insights: HSN Code 72210019 export-import analysis ### Consistent export growth: 64.39% CAGR over 7 years India's exports under HSN Code 72210019 have grown at a compound annual rate of 64.39% over 7 fiscal years, rising from ₹2.30 Crore in FY 2018-19 to ₹45.40 Crore in FY 2024-25. ### HSN Code 72210019 ranked #3752 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72210019 ranks #3752 out of 12657 HSN codes by total export value. Within Sub-Chapter 7221, it ranks #4 of 4. By trade surplus, it ranks #9879 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 72210019 exports The strongest single-year export movement for HSN Code 72210019 was recorded in FY 2024-25, when exports surged by 4,223.81% over the prior year. ### India records a trade deficit of ₹31.55 Crore in HSN Code 72210019 goods In FY 2024-25, India's imports of ₹76.95 Cr exceeded exports of ₹45.40 Cr, resulting in a trade deficit of ₹31.55 Crore — ranking #9879 of 12657 by surplus magnitude. ### Import growth of 41.57% CAGR signals rising demand for Other Bright Stainless Steel Bars India's imports under HSN Code 72210019 have grown at 41.57% CAGR, reaching ₹76.95 Crore in FY 2024-25. ### HSN Code 72210019 contributes 4.69% of Sub-Chapter 7221 exports — ranked #4 Among the 4 HSN codes under Sub-Chapter 7221, HSN Code 72210019 ranks #4 by export value — accounting for 4.69% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 21.18% share (rank #2). ## Related HSN Codes in Sub-Chapter 7221 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72210090: Hot-rolled Bars and Rods, Stainless Steel](https://busy.in/hsn/hsn-72210090/) | ₹585 Cr | | #2 | [HSN Code 72210012: Bright SS Bars (Ni-Cr Austenitic)](https://busy.in/hsn/hsn-72210012/) | ₹284 Cr | | #3 | [HSN Code 72210011: Wrought Aluminium Bars and Rods](https://busy.in/hsn/hsn-72210011/) | ₹55 Cr | | #4 | HSN Code 72210019: Other Bright Stainless Steel Bars (this hsn code) | ₹45 Cr |