HSN Code 72222019: Cold-formed Other Bright Bars

HSN Code 72222019 represents Cold-formed Other Bright Bars under GST classification. This code helps businesses identify Cold-formed Other Bright Bars correctly for billing, taxation, and trade. With HSN Code 72222019, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cold-formed Other Bright Bars.

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Description of Goods for HSN Code 72222019

HSN Code 72222019 relates to the following description.

Description of Goods

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

What does HSN Code 72222019 not include?

Cold-formed Other Bright 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 : 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 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 : 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 72222019 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

₹607 Cr

−6.78% vs FY 2023-24

0.0165% of India’s total exports

India’s Imports

FY 2024-25

₹122 Cr

−5.78% vs FY 2023-24

0.0020% of India’s total imports

Trade Balance

FY 2024-25

₹484 Cr

Trade Surplus

Surplus rank #655 of 12657 HSN codes

% of Sub-Chapter 7222

FY 2024-25

6.43%

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

Import side: 9.66% of Sub-Chapter 7222’s imports

Rank Within Sub-Chapter 7222

FY 2024-25

#4 of 26

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

Import-side rank: #4 of 26

At a glance

26.10%

Export CAGR

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

#853

National Export Rank

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

+166.66%

Peak Growth Year

FY 2023-24 · strongest single-year move

6.43%

Contribution to Sub-Ch. 7222

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

India Export-Import Trade Statistics for HSN Code 72222019

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 #1587

Balance

+52.74

Exports

150.88 ₹ Cr

0.0066% share

YoY

2.52% of Sub-Ch. 7222

Imports

98.14 ₹ Cr

0.0027% share

YoY

16.64% of Sub-Ch. 7222

FY 2019-20 Exp. Rank #1938

Balance

+12.27

Exports

106.72 ₹ Cr

0.0048% share

−29.27% YoY

1.93% of Sub-Ch. 7222

Imports

94.45 ₹ Cr

0.0028% share

−3.76% YoY

15.23% of Sub-Ch. 7222

FY 2020-21 Exp. Rank #2213

Balance

+15.65

Exports

87.25 ₹ Cr

0.0041% share

−18.24% YoY

1.74% of Sub-Ch. 7222

Imports

71.60 ₹ Cr

0.0025% share

−24.19% YoY

17.22% of Sub-Ch. 7222

FY 2021-22 Exp. Rank #1804

Balance

+88.37

Exports

171.56 ₹ Cr

0.0055% share

+96.63% YoY

2.06% of Sub-Ch. 7222

Imports

83.19 ₹ Cr

0.0018% share

+16.19% YoY

13.56% of Sub-Ch. 7222

FY 2022-23 Exp. Rank #1529

Balance

+164.11

Exports

243.98 ₹ Cr

0.0067% share

+42.21% YoY

2.80% of Sub-Ch. 7222

Imports

79.87 ₹ Cr

0.0014% share

−3.99% YoY

10.79% of Sub-Ch. 7222

FY 2023-24 Exp. Rank #757

Balance

+521.08

Exports

650.60 ₹ Cr

0.0180% share

+166.66% YoY

6.97% of Sub-Ch. 7222

Imports

129.52 ₹ Cr

0.0023% share

+62.16% YoY

15.40% of Sub-Ch. 7222

FY 2024-25 Exp. Rank #853

Balance

+484.47

Exports

606.51 ₹ Cr

0.0165% share

−6.78% YoY

6.43% of Sub-Ch. 7222

Imports

122.04 ₹ Cr

0.0020% share

−5.78% YoY

9.66% of Sub-Ch. 7222

CAGR · 7-Year

Exports

26.10% /yr

Imports

3.70% /yr

Consistently Surplus
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 72222019 Export-Import Analysis

Consistent Export Growth: 26.10% CAGR Over 7 Years

India's exports under HSN Code 72222019 have grown at a compound annual rate of 26.10% over 7 fiscal years, rising from ₹150.88 Crore in FY 2018-19 to ₹606.51 Crore in FY 2024-25.

HSN Code 72222019 Ranked #853 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72222019 ranks #853 out of 12657 HSN codes by total export value. Within Sub-Chapter 7222, it ranks #4 of 26. By trade surplus, it ranks #655 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 72222019 Exports

The strongest single-year export movement for HSN Code 72222019 was recorded in FY 2023-24, when exports surged by 166.66% over the prior year.

India Maintains a Trade Surplus of ₹484.47 Crore in HSN Code 72222019 Goods

In FY 2024-25, India's exports of ₹606.51 Cr exceeded imports of ₹122.04 Cr, resulting in a trade surplus of ₹484.47 Crore — ranking #655 of 12657 by surplus magnitude.

Import Growth of 3.70% CAGR Signals Stable Import Dependency for Cold-formed Other Bright Bars

India's imports under HSN Code 72222019 have grown at 3.70% CAGR, reaching ₹122.04 Crore in FY 2024-25.

HSN Code 72222019 Contributes 6.43% of Sub-Chapter 7222 Exports — Ranked #4

Among the 26 HSN codes under Sub-Chapter 7222, HSN Code 72222019 ranks #4 by export value — accounting for 6.43% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 9.66% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72222019 and GST compliance.

What products are classified under HSN 72222019 ?

It includes Other Cold-Formed/Finished Bars/Rods

Can we claim ITC on inputs used to trade Cold-formed Other Bright Bars?

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 Cold-formed Other Bright Bars is sold with other items?

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

How much GST applies to Cold-formed Other Bright Bars?

Under HSN 72222019, Cold-formed Other Bright Bars attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Cold-formed Other Bright 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 Cold-formed Other Bright Bars?

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.