---
title: "HSN Code for Hot-rolled Circular Chromium Bars | HSN 72221111 GST Rate"
description: "Find HSN and GST Rates for 72221111 related to Hot-rolled Circular Chromium Bars with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72221111/"
---

# HSN Code 72221111: Hot-rolled Circular Chromium 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 7222: Knitted clothing articles](https://busy.in/hsn/sub-chapter-7222/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Of circular cross section : Bright bars : Chromium type | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72221111 ?

It includes Hot-rolled Circular Chromium Bars (Other)

### Do e‑way bill and e‑invoice apply for Hot-rolled Circular Chromium 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.

### How should mixed supplies be billed when Hot-rolled Circular Chromium Bars is sold with other items?

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

### Does packaging or labelling change the GST for Hot-rolled Circular Chromium Bars?

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.

### Any common misclassification issue with Hot-rolled Circular Chromium Bars?

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 Circular Chromium Bars?

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

## India's trade performance: HSN Code 72221111 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹414 Cr (−4.39% YoY) — 0.0113% of India's total exports
- Imports: ₹53 Cr (+32.69% YoY) — 0.0009% of India's total imports
- Trade balance: ₹362 Cr (Surplus); surplus rank #807 of 12657 HSN codes
- Share of Sub-Chapter 7222: 4.39% of its exports; import side 4.16%
- Rank within Sub-Chapter 7222: #6 of 26 by export value; import-side #8

### Key metrics

- Export CAGR: 19.35% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1160 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +73.39% in FY 2021-22
- Contribution to Sub-Ch. 7222: 4.39% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72221111

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. 7222 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7222 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 143.33 | 0.0063% | — | 2.40% | 29.41 | 0.0008% | — | 4.99% | +113.92 | #1637 |
| FY 2019-20 | 118.31 | 0.0054% | −17.46% | 2.14% | 36.73 | 0.0011% | +24.89% | 5.92% | +81.58 | #1826 |
| FY 2020-21 | 112.03 | 0.0052% | −5.31% | 2.23% | 17.16 | 0.0006% | −53.28% | 4.13% | +94.87 | #1948 |
| FY 2021-22 | 194.25 | 0.0062% | +73.39% | 2.33% | 23.00 | 0.0005% | +34.03% | 3.75% | +171.25 | #1676 |
| FY 2022-23 | 326.00 | 0.0090% | +67.83% | 3.74% | 49.23 | 0.0009% | +114.04% | 6.65% | +276.77 | #1258 |
| FY 2023-24 | 433.25 | 0.0120% | +32.90% | 4.64% | 39.67 | 0.0007% | −19.42% | 4.72% | +393.58 | #1074 |
| FY 2024-25 | 414.22 | 0.0113% | −4.39% | 4.39% | 52.64 | 0.0009% | +32.69% | 4.16% | +361.58 | #1160 |

- CAGR (7-year): exports 19.35%/yr, imports 10.19%/yr (consistently Surplus)

## Key trade insights: HSN Code 72221111 export-import analysis

### Consistent export growth: 19.35% CAGR over 7 years

India's exports under HSN Code 72221111 have grown at a compound annual rate of 19.35% over 7 fiscal years, rising from ₹143.33 Crore in FY 2018-19 to ₹414.22 Crore in FY 2024-25.

### HSN Code 72221111 ranked #1160 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72221111 ranks #1160 out of 12657 HSN codes by total export value. Within Sub-Chapter 7222, it ranks #6 of 26. By trade surplus, it ranks #807 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 72221111 exports

The strongest single-year export movement for HSN Code 72221111 was recorded in FY 2021-22, when exports surged by 73.39% over the prior year.

### India maintains a trade surplus of ₹361.58 Crore in HSN Code 72221111 goods

In FY 2024-25, India's exports of ₹414.22 Cr exceeded imports of ₹52.64 Cr, resulting in a trade surplus of ₹361.58 Crore — ranking #807 of 12657 by surplus magnitude.

### Import growth of 10.19% CAGR signals rising demand for Hot-rolled Circular Chromium Bars

India's imports under HSN Code 72221111 have grown at 10.19% CAGR, reaching ₹52.64 Crore in FY 2024-25.

### HSN Code 72221111 contributes 4.39% of Sub-Chapter 7222 exports — ranked #6

Among the 26 HSN codes under Sub-Chapter 7222, HSN Code 72221111 ranks #6 by export value — accounting for 4.39% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.16% share (rank #8).

## Related HSN Codes in Sub-Chapter 7222

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 72222012: Bright Ni-Cr Austenitic Steel](https://busy.in/hsn/hsn-72222012/) | ₹3,386 Cr |
| #2 | [HSN Code 72224020: Angles & Sections (<80mm)](https://busy.in/hsn/hsn-72224020/) | ₹1,610 Cr |
| #3 | [HSN Code 72223012: Nickel chromium austenitic bars](https://busy.in/hsn/hsn-72223012/) | ₹1,369 Cr |
| #4 | [HSN Code 72222019: Cold-formed Other Bright Bars](https://busy.in/hsn/hsn-72222019/) | ₹607 Cr |
| #5 | [HSN Code 72221119: Bright Steel Bars (Circular)](https://busy.in/hsn/hsn-72221119/) | ₹565 Cr |
| #6 | HSN Code 72221111: Hot-rolled Circular Chromium Bars (this hsn code) | ₹414 Cr |
| #7 | [HSN Code 72222011: Cold-formed Chromium Bright Bars](https://busy.in/hsn/hsn-72222011/) | ₹402 Cr |
| #8 | [HSN Code 72221992: Ni-Cr Austenitic Steel Bars](https://busy.in/hsn/hsn-72221992/) | ₹377 Cr |
| #9 | [HSN Code 72221199: Other Steel Bars (Circular)](https://busy.in/hsn/hsn-72221199/) | ₹175 Cr |
| #10 | [HSN Code 72222099: Other Cold-Formed/Finished Bars/Rods](https://busy.in/hsn/hsn-72222099/) | ₹130 Cr |