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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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%
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
Other bars and rods : Bright bars : Chromium type
Other bars and rods : Bright bars : Nickel chromium austenitic type
Other bars and rods : Bright bars : Other
Other bars and rods : Other : Chromium type
Other bars and rods : Other : Nickel chromium austenitic type
Other bars and rods : Other : Other
Angles, shapes and sections : Of thickness of 80 mm and above
Angles, shapes and sections : Of below 80 mm
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
Other bars and rods : Bright bars : Chromium type
Other bars and rods : Bright bars : Nickel chromium austenitic type
Other bars and rods : Bright bars : Other
Other bars and rods : Other : Chromium type
Other bars and rods : Other : Nickel chromium austenitic type
Other bars and rods : Other : Other
Angles, shapes and sections : Of thickness of 80 mm and above
Angles, shapes and sections : Of below 80 mm
India’s Exports
FY 2024-25₹414 Cr
0.0113% of India’s total exports
India’s Imports
FY 2024-25₹53 Cr
0.0009% of India’s total imports
Trade Balance
FY 2024-25₹362 Cr
Surplus rank #807 of 12657 HSN codes
% of Sub-Chapter 7222
FY 2024-254.39%
Share of Sub-Chapter 7222’s total exports in FY 2024-25
Import side: 4.16% of Sub-Chapter 7222’s imports
Rank Within Sub-Chapter 7222
FY 2024-25#6 of 26
Position by export value among HSN codes in Sub-Chapter 7222
Import-side rank: #8 of 26
At a glance
19.35%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1160
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+73.39%
Peak Growth Year
FY 2021-22 · strongest single-year move
4.39%
Contribution to Sub-Ch. 7222
Share of Sub-Chapter 7222 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
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
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
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
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
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
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
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
CAGR · 7-Year
Exports
19.35% /yr
Imports
10.19% /yr
reference, FY 2024-25
Export
₹9,435.83 Cr
Import
₹1,263.99 Cr
Trade Balance
+8,171.84
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.
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.
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.
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.
India's imports under HSN Code 72221111 have grown at 10.19% CAGR, reaching ₹52.64 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 72221111 and GST compliance.
It includes Hot-rolled Circular Chromium Bars (Other)
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.
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).
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.