HSN Code 72221999: Other Hot-rolled Bars and Rods

HSN Code 72221999 represents Other Hot-rolled Bars and Rods under GST classification. This code helps businesses identify Other Hot-rolled Bars and Rods correctly for billing, taxation, and trade. With HSN Code 72221999, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Hot-rolled Bars and Rods.

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Description of Goods for HSN Code 72221999

HSN Code 72221999 relates to the following description.

Description of Goods

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

What does HSN Code 72221999 not include?

Other Hot-rolled Bars and Rods 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 : 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 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

India’s Trade Performance — HSN Code 72221999 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹22 Cr

+194.11% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

₹111 Cr

+13.58% vs FY 2023-24

0.0018% of India’s total imports

Trade Balance

FY 2024-25

−₹89 Cr

Trade Deficit

Surplus rank #10709 of 12657 HSN codes

% of Sub-Chapter 7222

FY 2024-25

0.24%

Share of Sub-Chapter 7222’s total exports in FY 2024-25

Import side: 8.80% of Sub-Chapter 7222’s imports

Rank Within Sub-Chapter 7222

FY 2024-25

#16 of 26

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

Import-side rank: #5 of 26

At a glance

−28.62%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#4709

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+194.11%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.24%

Contribution to Sub-Ch. 7222

Share of Sub-Chapter 7222 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72221999

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #1473

Balance

+121.83

Exports

169.94 ₹ Cr

0.0074% share

YoY

2.84% of Sub-Ch. 7222

Imports

48.11 ₹ Cr

0.0013% share

YoY

8.15% of Sub-Ch. 7222

FY 2019-20 Exp. Rank #1446

Balance

+120.97

Exports

173.16 ₹ Cr

0.0079% share

+1.89% YoY

3.13% of Sub-Ch. 7222

Imports

52.19 ₹ Cr

0.0016% share

+8.48% YoY

8.42% of Sub-Ch. 7222

FY 2020-21 Exp. Rank #1700

Balance

+72.44

Exports

143.89 ₹ Cr

0.0067% share

−16.90% YoY

2.86% of Sub-Ch. 7222

Imports

71.45 ₹ Cr

0.0025% share

+36.90% YoY

17.19% of Sub-Ch. 7222

FY 2021-22 Exp. Rank #1172

Balance

+254.94

Exports

341.07 ₹ Cr

0.0109% share

+137.04% YoY

4.10% of Sub-Ch. 7222

Imports

86.13 ₹ Cr

0.0019% share

+20.55% YoY

14.04% of Sub-Ch. 7222

FY 2022-23 Exp. Rank #1064

Balance

+307.51

Exports

416.76 ₹ Cr

0.0115% share

+22.19% YoY

4.78% of Sub-Ch. 7222

Imports

109.25 ₹ Cr

0.0019% share

+26.84% YoY

14.75% of Sub-Ch. 7222

FY 2023-24 Exp. Rank #6053

Balance

−90.31

Exports

7.64 ₹ Cr

0.0002% share

−98.17% YoY

0.08% of Sub-Ch. 7222

Imports

97.95 ₹ Cr

0.0017% share

−10.34% YoY

11.65% of Sub-Ch. 7222

FY 2024-25 Exp. Rank #4709

Balance

−88.78

Exports

22.47 ₹ Cr

0.0006% share

+194.11% YoY

0.24% of Sub-Ch. 7222

Imports

111.25 ₹ Cr

0.0018% share

+13.58% YoY

8.80% of Sub-Ch. 7222

CAGR · 7-Year

Exports

−28.62% /yr

Imports

14.99% /yr

Consistently Deficit
Sub-Chapter 7222 total

reference, FY 2024-25

Export

₹9,435.83 Cr

Import

₹1,263.99 Cr

Trade Balance

+8,171.84

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

Key Trade Insights: HSN Code 72221999 Export-Import Analysis

Export Decline: −28.62% CAGR Over 7 Years

India's exports under HSN Code 72221999 have declined at a compound annual rate of −28.62% over 7 fiscal years, falling from ₹169.94 Crore in FY 2018-19 to ₹22.47 Crore in FY 2024-25.

HSN Code 72221999 Ranked #4709 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72221999 ranks #4709 out of 12657 HSN codes by total export value. Within Sub-Chapter 7222, it ranks #16 of 26. By trade surplus, it ranks #10709 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 72221999 Exports

The strongest single-year export movement for HSN Code 72221999 was recorded in FY 2024-25, when exports surged by 194.11% over the prior year.

India Records a Trade Deficit of ₹88.78 Crore in HSN Code 72221999 Goods

In FY 2024-25, India's imports of ₹111.25 Cr exceeded exports of ₹22.47 Cr, resulting in a trade deficit of ₹88.78 Crore — ranking #10709 of 12657 by surplus magnitude.

Import Growth of 14.99% CAGR Signals Rising Demand for Other Hot-rolled Bars and Rods

India's imports under HSN Code 72221999 have grown at 14.99% CAGR, reaching ₹111.25 Crore in FY 2024-25.

HSN Code 72221999 Contributes 0.24% of Sub-Chapter 7222 Exports — Ranked #16

Among the 26 HSN codes under Sub-Chapter 7222, HSN Code 72221999 ranks #16 by export value — accounting for 0.24% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 8.80% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72221999 and GST compliance.

What products are classified under HSN 72221999 ?

It includes Cold-formed Other Bright Bars

Do e‑way bill and e‑invoice apply for Other Hot-rolled Bars and Rods?

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 much GST applies to Other Hot-rolled Bars and Rods?

Under HSN 72221999, Other Hot-rolled Bars and Rods attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Other Hot-rolled Bars and Rods?

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

How should mixed supplies be billed when Other Hot-rolled Bars and Rods is sold with other items?

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

Does packaging or labelling change the GST for Other Hot-rolled Bars and Rods?

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 Other Hot-rolled Bars and Rods?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.