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HSN Code 72221111: Hot-rolled Circular Chromium Bars

HSN Code 72221111 represents Hot-rolled Circular Chromium Bars under GST classification. This code helps businesses identify Hot-rolled Circular Chromium Bars correctly for billing, taxation, and trade. With HSN Code 72221111, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-rolled Circular Chromium Bars.

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Description of Goods for HSN Code 72221111

HSN Code 72221111 relates to the following description.

Description of Goods

Bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Of circular cross section : Bright bars : Chromium type

Chapter

72 - Iron and steel

Sub Chapter

7222 - Other bars and rods of stainless steel; angles, shapes and sections of stainless steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72221111 not include?

Hot-rolled Circular Chromium Bars does not include products with the following descriptions.

Bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Of circular cross section : Bright bars : Nickel chromium austenitic type

Bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Of circular cross section : Bright bars : Other

Bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Of circular cross section : Other : Chromium type

Bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Of circular cross section : Other : Nickel chromium austenitic type

Bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Of circular cross section : Other : Other

Bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Bright bars : Chromium type

Bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Bright bars : Nickel chromium austenitic type

Bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Bright bars : Other

Bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Other : Chromium type

Bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Other : Nickel chromium austenitic type

Bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Other : Other

Bars and rods, not further worked than cold-formed or cold-finished : Bright bars : Chromium type

Bars and rods, not further worked than cold-formed or cold-finished : Bright bars : Nickel chromium austenitic type

Bars and rods, not further worked than cold-formed or cold-finished : Bright bars : Other

Bars and rods, not further worked than cold-formed or cold-finished : Other : Chromium type

Bars and rods, not further worked than cold-formed or cold-finished : Other : Nickel chromium austenitic type

Bars and rods, not further worked than cold-formed or cold-finished : Other : Other

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India’s Trade Performance — HSN Code 72221111 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹433 Cr

+4.42% vs FY 2024-25

0.0111% of India’s total exports

India’s Imports

FY 2025-26

₹60 Cr

+14.84% vs FY 2024-25

0.0009% of India’s total imports

Trade Balance

FY 2025-26

₹372 Cr

Trade Surplus

Surplus rank #838 of 12872 HSN codes

% of Sub-Chapter 7222

FY 2025-26

4.37%

Share of Sub-Chapter 7222’s total exports in FY 2025-26

Import side: 3.59% of Sub-Chapter 7222’s imports

Rank Within Sub-Chapter 7222

FY 2025-26

#6 of 26

Position by export value among HSN codes in Sub-Chapter 7222

Import-side rank: #8 of 26

At a glance

17.09%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#1226

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+73.39%

Peak Growth Year

FY 2021-22 · strongest single-year move

4.37%

Contribution to Sub-Ch. 7222

Share of Sub-Chapter 7222 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 72221111

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #1637

Balance

+113.92

Exports

143.33 ₹ Cr

0.0063% share

— YoY

2.40% of Sub-Ch. 7222

Imports

29.41 ₹ Cr

0.0008% share

— YoY

4.99% of Sub-Ch. 7222

FY 2019-20 Exp. Rank #1826

Balance

+81.58

Exports

118.31 ₹ Cr

0.0054% share

−17.46% YoY

2.14% of Sub-Ch. 7222

Imports

36.73 ₹ Cr

0.0011% share

+24.89% YoY

5.92% of Sub-Ch. 7222

FY 2020-21 Exp. Rank #1948

Balance

+94.87

Exports

112.03 ₹ Cr

0.0052% share

−5.31% YoY

2.23% of Sub-Ch. 7222

Imports

17.16 ₹ Cr

0.0006% share

−53.28% YoY

4.13% of Sub-Ch. 7222

FY 2021-22 Exp. Rank #1676

Balance

+171.25

Exports

194.25 ₹ Cr

0.0062% share

+73.39% YoY

2.33% of Sub-Ch. 7222

Imports

23.00 ₹ Cr

0.0005% share

+34.03% YoY

3.75% of Sub-Ch. 7222

FY 2022-23 Exp. Rank #1258

Balance

+276.77

Exports

326.00 ₹ Cr

0.0090% share

+67.83% YoY

3.74% of Sub-Ch. 7222

Imports

49.23 ₹ Cr

0.0009% share

+114.04% YoY

6.65% of Sub-Ch. 7222

FY 2023-24 Exp. Rank #1074

Balance

+393.58

Exports

433.25 ₹ Cr

0.0120% share

+32.90% YoY

4.64% of Sub-Ch. 7222

Imports

39.67 ₹ Cr

0.0007% share

−19.42% YoY

4.72% of Sub-Ch. 7222

FY 2024-25 Exp. Rank #1160

Balance

+361.58

Exports

414.22 ₹ Cr

0.0113% share

−4.39% YoY

4.39% of Sub-Ch. 7222

Imports

52.64 ₹ Cr

0.0009% share

+32.69% YoY

4.16% of Sub-Ch. 7222

FY 2025-26 Exp. Rank #1226

Balance

+372.06

Exports

432.51 ₹ Cr

0.0111% share

+4.42% YoY

4.37% of Sub-Ch. 7222

Imports

60.45 ₹ Cr

0.0009% share

+14.84% YoY

3.59% of Sub-Ch. 7222

CAGR · 8-Year

Exports

17.09% /yr

Imports

10.84% /yr

Consistently Surplus
Sub-Chapter 7222 total

reference, FY 2025-26

Export

₹9,887.15 Cr

Import

₹1,681.57 Cr

Trade Balance

+8,205.58

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

Key Trade Insights: HSN Code 72221111 Export-Import Analysis

Consistent Export Growth: 17.09% CAGR Over 8 Years

India's exports under HSN Code 72221111 have grown at a compound annual rate of 17.09% over 8 fiscal years, rising from ₹143.33 Crore in FY 2018-19 to ₹432.51 Crore in FY 2025-26.

HSN Code 72221111 Ranked #1226 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72221111 ranks #1226 out of 12872 HSN codes by total export value. Within Sub-Chapter 7222, it ranks #6 of 26. By trade surplus, it ranks #838 of 12872.

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 ₹372.06 Crore in HSN Code 72221111 Goods

In FY 2025-26, India's exports of ₹432.51 Cr exceeded imports of ₹60.45 Cr, resulting in a trade surplus of ₹372.06 Crore — ranking #838 of 12872 by surplus magnitude.

Import Growth of 10.84% CAGR Signals Rising Demand for Hot-rolled Circular Chromium Bars

India's imports under HSN Code 72221111 have grown at 10.84% CAGR, reaching ₹60.45 Crore in FY 2025-26.

HSN Code 72221111 Contributes 4.37% 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 4.37% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 3.59% share (rank #8).

Frequently Asked Questions

Clear answers to common queries about HSN Code 72221111 and GST compliance.

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.

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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.