--- title: "HSN Code for Cold-formed Nickel Chromium Bright Bars | HSN 72222092 GST Rate" description: "Find HSN and GST Rates for 72222092 related to Cold-formed Nickel Chromium Bright Bars with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72222092/" --- # HSN Code 72222092: Cold-formed Nickel Chromium Bright Bars - [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/) - [Chapter 72: Iron & Steel](https://busy.in/hsn/chapter-72/) - [Sub-chapter 7222: Knitted clothing articles](https://busy.in/hsn/sub-chapter-7222/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Bars and rods, not further worked than cold-formed or cold-finished : Other : Nickel chromium austenitic type | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72222092 ? It includes Nickel chromium austenitic bars ### How should mixed supplies be billed when Cold-formed Nickel Chromium 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 Nickel Chromium Bright Bars; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Cold-formed Nickel Chromium 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. ### Do e‑way bill and e‑invoice apply for Cold-formed Nickel Chromium Bright Bars? 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. ### Any common misclassification issue with Cold-formed Nickel Chromium 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. ### Can we claim ITC on inputs used to trade Cold-formed Nickel Chromium 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 much GST applies to Cold-formed Nickel Chromium Bright Bars? Under HSN 72222092, Cold-formed Nickel Chromium Bright Bars attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 72222092 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹9 Cr (+76.35% YoY) — 0.0002% of India's total exports - Imports: ₹5 Cr (+28.49% YoY) — 0.0001% of India's total imports - Trade balance: ₹5 Cr (Surplus); surplus rank #3756 of 12657 HSN codes - Share of Sub-Chapter 7222: 0.10% of its exports; import side 0.36% - Rank within Sub-Chapter 7222: #18 of 26 by export value; import-side #15 ### Key metrics - National export rank: #5885 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +3,275.00% in FY 2020-21 - Contribution to Sub-Ch. 7222: 0.10% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72222092 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7222 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7222 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | 21.59 | 0.0006% | — | 3.66% | −21.59 | — | | FY 2019-20 | < ₹1 Crore | 0.0000% | — | 0.00% | 16.42 | 0.0005% | −23.95% | 2.65% | −16.34 | #9279 | | FY 2020-21 | 2.70 | 0.0001% | +3,275.00% | 0.05% | 11.48 | 0.0004% | −30.09% | 2.76% | −8.78 | #6659 | | FY 2021-22 | 8.13 | 0.0003% | +201.11% | 0.10% | 10.82 | 0.0002% | −5.75% | 1.76% | −2.69 | #5742 | | FY 2022-23 | 3.75 | 0.0001% | −53.87% | 0.04% | 2.92 | 0.0001% | −73.01% | 0.39% | +0.83 | #6753 | | FY 2023-24 | 5.20 | 0.0001% | +38.67% | 0.06% | 3.51 | 0.0001% | +20.21% | 0.42% | +1.69 | #6530 | | FY 2024-25 | 9.17 | 0.0002% | +76.35% | 0.10% | 4.51 | 0.0001% | +28.49% | 0.36% | +4.66 | #5885 | - CAGR (7-year): exports —/yr, imports -22.97%/yr (consistently Surplus) ## Key trade insights: HSN Code 72222092 export-import analysis ### Export snapshot for HSN Code 72222092 India exported ₹9.17 Crore worth of Cold-formed Nickel Chromium Bright Bars in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 72222092 ranked #5885 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72222092 ranks #5885 out of 12657 HSN codes by total export value. Within Sub-Chapter 7222, it ranks #18 of 26. By trade surplus, it ranks #3756 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 72222092 exports The strongest single-year export movement for HSN Code 72222092 was recorded in FY 2020-21, when exports surged by 3,275.00% over the prior year. ### India maintains a trade surplus of ₹4.66 Crore in HSN Code 72222092 goods In FY 2024-25, India's exports of ₹9.17 Cr exceeded imports of ₹4.51 Cr, resulting in a trade surplus of ₹4.66 Crore — ranking #3756 of 12657 by surplus magnitude. ### Import growth of -22.97% CAGR signals stable import dependency for Cold-formed Nickel Chromium Bright Bars India's imports under HSN Code 72222092 have grown at -22.97% CAGR, reaching ₹4.51 Crore in FY 2024-25. ### HSN Code 72222092 contributes 0.10% of Sub-Chapter 7222 exports — ranked #18 Among the 26 HSN codes under Sub-Chapter 7222, HSN Code 72222092 ranks #18 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.36% share (rank #15). ## Related HSN Codes in Sub-Chapter 7222 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72222012: Bright Ni-Cr Austenitic Steel](https://busy.in/hsn/hsn-72222012/) | ₹3,386 Cr | | #2 | [HSN Code 72224020: Angles & Sections (<80mm)](https://busy.in/hsn/hsn-72224020/) | ₹1,610 Cr | | #3 | [HSN Code 72223012: Nickel chromium austenitic bars](https://busy.in/hsn/hsn-72223012/) | ₹1,369 Cr | | #4 | [HSN Code 72222019: Cold-formed Other Bright Bars](https://busy.in/hsn/hsn-72222019/) | ₹607 Cr | | #5 | [HSN Code 72221119: Bright Steel Bars (Circular)](https://busy.in/hsn/hsn-72221119/) | ₹565 Cr | | #6 | [HSN Code 72221111: Hot-rolled Circular Chromium Bars](https://busy.in/hsn/hsn-72221111/) | ₹414 Cr | | #7 | [HSN Code 72222011: Cold-formed Chromium Bright Bars](https://busy.in/hsn/hsn-72222011/) | ₹402 Cr | | #8 | [HSN Code 72221992: Ni-Cr Austenitic Steel Bars](https://busy.in/hsn/hsn-72221992/) | ₹377 Cr | | #9 | [HSN Code 72221199: Other Steel Bars (Circular)](https://busy.in/hsn/hsn-72221199/) | ₹175 Cr | | #10 | [HSN Code 72222099: Other Cold-Formed/Finished Bars/Rods](https://busy.in/hsn/hsn-72222099/) | ₹130 Cr | | #18 | HSN Code 72222092: Cold-formed Nickel Chromium Bright Bars (this hsn code) | ₹9 Cr |