HSN Code 72221119 represents Bright Steel Bars (Circular) under GST classification. This code helps businesses identify Bright Steel Bars (Circular) correctly for billing, taxation, and trade. With HSN Code 72221119, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Bright Steel Bars (Circular).
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HSN Code 72221119 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 : Other
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%
Bright Steel Bars (Circular) 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 : Chromium type
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 : 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 : Chromium type
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 : 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₹565 Cr
0.0153% of India’s total exports
India’s Imports
FY 2024-25₹129 Cr
0.0021% of India’s total imports
Trade Balance
FY 2024-25₹436 Cr
Surplus rank #713 of 12657 HSN codes
% of Sub-Chapter 7222
FY 2024-255.99%
Share of Sub-Chapter 7222’s total exports in FY 2024-25
Import side: 10.18% of Sub-Chapter 7222’s imports
Rank Within Sub-Chapter 7222
FY 2024-25#5 of 26
Position by export value among HSN codes in Sub-Chapter 7222
Import-side rank: #3 of 26
At a glance
14.17%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#903
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+77.28%
Peak Growth Year
FY 2021-22 · strongest single-year move
5.99%
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
+182.29
Exports
255.05 ₹ Cr
0.0112% share
— YoY
4.27% of Sub-Ch. 7222
Imports
72.76 ₹ Cr
0.0020% share
— YoY
12.33% of Sub-Ch. 7222
Balance
+212.85
Exports
293.69 ₹ Cr
0.0133% share
+15.15% YoY
5.32% of Sub-Ch. 7222
Imports
80.84 ₹ Cr
0.0024% share
+11.11% YoY
13.04% of Sub-Ch. 7222
Balance
+284.66
Exports
332.25 ₹ Cr
0.0154% share
+13.13% YoY
6.61% of Sub-Ch. 7222
Imports
47.59 ₹ Cr
0.0016% share
−41.13% YoY
11.45% of Sub-Ch. 7222
Balance
+472.21
Exports
589.00 ₹ Cr
0.0188% share
+77.28% YoY
7.08% of Sub-Ch. 7222
Imports
116.79 ₹ Cr
0.0026% share
+145.41% YoY
19.03% of Sub-Ch. 7222
Balance
+627.39
Exports
728.37 ₹ Cr
0.0201% share
+23.66% YoY
8.35% of Sub-Ch. 7222
Imports
100.98 ₹ Cr
0.0018% share
−13.54% YoY
13.64% of Sub-Ch. 7222
Balance
+506.96
Exports
610.60 ₹ Cr
0.0169% share
−16.17% YoY
6.54% of Sub-Ch. 7222
Imports
103.64 ₹ Cr
0.0018% share
+2.63% YoY
12.33% of Sub-Ch. 7222
Balance
+436.19
Exports
564.85 ₹ Cr
0.0153% share
−7.49% YoY
5.99% of Sub-Ch. 7222
Imports
128.66 ₹ Cr
0.0021% share
+24.14% YoY
10.18% of Sub-Ch. 7222
CAGR · 7-Year
Exports
14.17% /yr
Imports
9.97% /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 72221119 have grown at a compound annual rate of 14.17% over 7 fiscal years, rising from ₹255.05 Crore in FY 2018-19 to ₹564.85 Crore in FY 2024-25.
In FY 2024-25, HSN Code 72221119 ranks #903 out of 12657 HSN codes by total export value. Within Sub-Chapter 7222, it ranks #5 of 26. By trade surplus, it ranks #713 of 12657.
The strongest single-year export movement for HSN Code 72221119 was recorded in FY 2021-22, when exports surged by 77.28% over the prior year.
In FY 2024-25, India's exports of ₹564.85 Cr exceeded imports of ₹128.66 Cr, resulting in a trade surplus of ₹436.19 Crore — ranking #713 of 12657 by surplus magnitude.
India's imports under HSN Code 72221119 have grown at 9.97% CAGR, reaching ₹128.66 Crore in FY 2024-25.
Among the 26 HSN codes under Sub-Chapter 7222, HSN Code 72221119 ranks #5 by export value — accounting for 5.99% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 10.18% share (rank #3).
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 72221119 and GST compliance.
It includes Other Steel Bars (Circular)
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Bright Steel Bars (Circular); Nil for exempt items if applicable).
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.
Under HSN 72221119, Bright Steel Bars (Circular) attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.