HSN Code 72210090: Hot-rolled Bars and Rods, Stainless Steel

HSN Code 72210090 represents Hot-rolled Bars and Rods, Stainless Steel under GST classification. This code helps businesses identify Hot-rolled Bars and Rods, Stainless Steel correctly for billing, taxation, and trade. With HSN Code 72210090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-rolled Bars and Rods, Stainless Steel.

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Description of Goods for HSN Code 72210090

HSN Code 72210090 relates to the following description.

Description of Goods

Bars and rods, hot-rolled, in irregularly wound coils, of stainless steel : Other

Chapter

72 - Iron and steel

Sub Chapter

7221 - Barsandrods, hot-rolled, inirregularlywound coils, of stainless steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72210090 not include?

Hot-rolled Bars and Rods, Stainless Steel does not include products with the following descriptions.

HSN Code 72210011

Bars and rods, hot-rolled, in irregularly wound coils, of stainless steel : Bright bars : Chromium type

HSN Code 72210012

Bars and rods, hot-rolled, in irregularly wound coils, of stainless steel : Bright bars : Nickel chromium austenitic type

HSN Code 72210019

Bars and rods, hot-rolled, in irregularly wound coils, of stainless steel : Bright bars : Other

India’s Trade Performance — HSN Code 72210090 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

₹585 Cr

+9.63% vs FY 2023-24

0.0159% of India’s total exports

India’s Imports

FY 2024-25

₹276 Cr

+2.48% vs FY 2023-24

0.0045% of India’s total imports

Trade Balance

FY 2024-25

₹309 Cr

Trade Surplus

Surplus rank #893 of 12657 HSN codes

% of Sub-Chapter 7221

FY 2024-25

60.37%

Share of Sub-Chapter 7221’s total exports in FY 2024-25

Import side: 75.84% of Sub-Chapter 7221’s imports

Rank Within Sub-Chapter 7221

FY 2024-25

#1 of 4

Position by export value among HSN codes in Sub-Chapter 7221

Import-side rank: #1 of 4

At a glance

7.30%

Export CAGR

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

#884

National Export Rank

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

+92.09%

Peak Growth Year

FY 2021-22 · strongest single-year move

60.37%

Contribution to Sub-Ch. 7221

Share of Sub-Chapter 7221 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72210090

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 #818

Balance

−135.18

Exports

383.24 ₹ Cr

0.0168% share

— YoY

70.30% of Sub-Ch. 7221

Imports

518.42 ₹ Cr

0.0145% share

— YoY

96.59% of Sub-Ch. 7221

FY 2019-20 Exp. Rank #844

Balance

−15.69

Exports

364.17 ₹ Cr

0.0165% share

−4.98% YoY

67.33% of Sub-Ch. 7221

Imports

379.86 ₹ Cr

0.0113% share

−26.73% YoY

89.73% of Sub-Ch. 7221

FY 2020-21 Exp. Rank #682

Balance

+195.00

Exports

498.57 ₹ Cr

0.0232% share

+36.91% YoY

71.32% of Sub-Ch. 7221

Imports

303.57 ₹ Cr

0.0104% share

−20.08% YoY

75.76% of Sub-Ch. 7221

FY 2021-22 Exp. Rank #479

Balance

+559.85

Exports

957.71 ₹ Cr

0.0305% share

+92.09% YoY

71.29% of Sub-Ch. 7221

Imports

397.86 ₹ Cr

0.0087% share

+31.06% YoY

82.15% of Sub-Ch. 7221

FY 2022-23 Exp. Rank #492

Balance

+720.89

Exports

1,022.99 ₹ Cr

0.0283% share

+6.82% YoY

67.68% of Sub-Ch. 7221

Imports

302.10 ₹ Cr

0.0053% share

−24.07% YoY

75.19% of Sub-Ch. 7221

FY 2023-24 Exp. Rank #908

Balance

+264.42

Exports

533.36 ₹ Cr

0.0147% share

−47.86% YoY

59.80% of Sub-Ch. 7221

Imports

268.94 ₹ Cr

0.0048% share

−10.98% YoY

85.09% of Sub-Ch. 7221

FY 2024-25 Exp. Rank #884

Balance

+309.13

Exports

584.74 ₹ Cr

0.0159% share

+9.63% YoY

60.37% of Sub-Ch. 7221

Imports

275.61 ₹ Cr

0.0045% share

+2.48% YoY

75.84% of Sub-Ch. 7221

CAGR · 7-Year

Exports

7.30% /yr

Imports

−9.99% /yr

Consistently Surplus
Sub-Chapter 7221 total

reference, FY 2024-25

Export

₹968.67 Cr

Import

₹363.39 Cr

Trade Balance

+605.28

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

Key Trade Insights: HSN Code 72210090 Export-Import Analysis

Consistent Export Growth: 7.30% CAGR Over 7 Years

India's exports under HSN Code 72210090 have grown at a compound annual rate of 7.30% over 7 fiscal years, rising from ₹383.24 Crore in FY 2018-19 to ₹584.74 Crore in FY 2024-25.

HSN Code 72210090 Ranked #884 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72210090 ranks #884 out of 12657 HSN codes by total export value. Within Sub-Chapter 7221, it ranks #1 of 4. By trade surplus, it ranks #893 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72210090 Exports

The strongest single-year export movement for HSN Code 72210090 was recorded in FY 2021-22, when exports surged by 92.09% over the prior year.

India Maintains a Trade Surplus of ₹309.13 Crore in HSN Code 72210090 Goods

In FY 2024-25, India's exports of ₹584.74 Cr exceeded imports of ₹275.61 Cr, resulting in a trade surplus of ₹309.13 Crore — ranking #893 of 12657 by surplus magnitude.

Import Growth of −9.99% CAGR Signals Stable Import Dependency for Hot-rolled Bars and Rods, Stainless Steel

India's imports under HSN Code 72210090 have grown at −9.99% CAGR, reaching ₹275.61 Crore in FY 2024-25.

HSN Code 72210090 Contributes 60.37% of Sub-Chapter 7221 Exports — Ranked #1

Among the 4 HSN codes under Sub-Chapter 7221, HSN Code 72210090 ranks #1 by export value — accounting for 60.37% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 75.84% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72210090 and GST compliance.

What products are classified under HSN 72210090 ?

It includes Bright Steel Bars (Circular)

How much GST applies to Hot-rolled Bars and Rods, Stainless Steel?

Under HSN 72210090, Hot-rolled Bars and Rods, Stainless Steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Hot-rolled Bars and Rods, Stainless Steel?

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

Can we claim ITC on inputs used to trade Hot-rolled Bars and Rods, Stainless Steel?

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

Does packaging or labelling change the GST for Hot-rolled Bars and Rods, Stainless Steel?

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.

Do e‑way bill and e‑invoice apply for Hot-rolled Bars and Rods, Stainless Steel?

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.

How should mixed supplies be billed when Hot-rolled Bars and Rods, Stainless Steel is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hot-rolled Bars and Rods, Stainless Steel; Nil for exempt items if applicable).

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.