HSN Code 72221199 represents Other Steel Bars (Circular) under GST classification. This code helps businesses identify Other Steel Bars (Circular) correctly for billing, taxation, and trade. With HSN Code 72221199, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Steel Bars (Circular).
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HSN Code 72221199 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 : Other : 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%
Other 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 : 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 : 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 : 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 : 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₹175 Cr
0.0048% of India’s total exports
India’s Imports
FY 2024-25₹43 Cr
0.0007% of India’s total imports
Trade Balance
FY 2024-25₹132 Cr
Surplus rank #1408 of 12657 HSN codes
% of Sub-Chapter 7222
FY 2024-251.86%
Share of Sub-Chapter 7222’s total exports in FY 2024-25
Import side: 3.40% of Sub-Chapter 7222’s imports
Rank Within Sub-Chapter 7222
FY 2024-25#9 of 26
Position by export value among HSN codes in Sub-Chapter 7222
Import-side rank: #9 of 26
At a glance
45.91%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1978
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+221.36%
Peak Growth Year
FY 2022-23 · strongest single-year move
1.86%
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
−12.94
Exports
18.18 ₹ Cr
0.0008% share
— YoY
0.30% of Sub-Ch. 7222
Imports
31.12 ₹ Cr
0.0009% share
— YoY
5.28% of Sub-Ch. 7222
Balance
−11.29
Exports
19.81 ₹ Cr
0.0009% share
+8.97% YoY
0.36% of Sub-Ch. 7222
Imports
31.10 ₹ Cr
0.0009% share
−0.06% YoY
5.02% of Sub-Ch. 7222
Balance
−3.12
Exports
8.06 ₹ Cr
0.0004% share
−59.31% YoY
0.16% of Sub-Ch. 7222
Imports
11.18 ₹ Cr
0.0004% share
−64.05% YoY
2.69% of Sub-Ch. 7222
Balance
+9.18
Exports
24.16 ₹ Cr
0.0008% share
+199.75% YoY
0.29% of Sub-Ch. 7222
Imports
14.98 ₹ Cr
0.0003% share
+33.99% YoY
2.44% of Sub-Ch. 7222
Balance
+39.93
Exports
77.64 ₹ Cr
0.0021% share
+221.36% YoY
0.89% of Sub-Ch. 7222
Imports
37.71 ₹ Cr
0.0007% share
+151.74% YoY
5.09% of Sub-Ch. 7222
Balance
+113.17
Exports
176.83 ₹ Cr
0.0049% share
+127.76% YoY
1.89% of Sub-Ch. 7222
Imports
63.66 ₹ Cr
0.0011% share
+68.81% YoY
7.57% of Sub-Ch. 7222
Balance
+132.41
Exports
175.42 ₹ Cr
0.0048% share
−0.80% YoY
1.86% of Sub-Ch. 7222
Imports
43.01 ₹ Cr
0.0007% share
−32.44% YoY
3.40% of Sub-Ch. 7222
CAGR · 7-Year
Exports
45.91% /yr
Imports
5.54% /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 72221199 have grown at a compound annual rate of 45.91% over 7 fiscal years, rising from ₹18.18 Crore in FY 2018-19 to ₹175.42 Crore in FY 2024-25.
In FY 2024-25, HSN Code 72221199 ranks #1978 out of 12657 HSN codes by total export value. Within Sub-Chapter 7222, it ranks #9 of 26. By trade surplus, it ranks #1408 of 12657.
The strongest single-year export movement for HSN Code 72221199 was recorded in FY 2022-23, when exports surged by 221.36% over the prior year.
In FY 2024-25, India's exports of ₹175.42 Cr exceeded imports of ₹43.01 Cr, resulting in a trade surplus of ₹132.41 Crore — ranking #1408 of 12657 by surplus magnitude.
India's imports under HSN Code 72221199 have grown at 5.54% CAGR, reaching ₹43.01 Crore in FY 2024-25.
Among the 26 HSN codes under Sub-Chapter 7222, HSN Code 72221199 ranks #9 by export value — accounting for 1.86% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.40% share (rank #9).
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 72221199 and GST compliance.
It includes Other Wrought Aluminium Products
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
Under HSN 72221199, Other Steel Bars (Circular) attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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 the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Steel Bars (Circular); Nil for exempt items if applicable).