---
title: "HSN Code for Bright Bars | HSN 72223019 GST Rate"
description: "Find HSN and GST Rates for 72223019 related to Bright Bars with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72223019/"
---

# HSN Code 72223019: 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 |
| --- | --- | --- | --- | --- |
| Other bars and rods : Bright bars : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72223019 ?

It includes Other bars and rods : Other : Other

### Any common misclassification issue with 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.

### How should mixed supplies be billed when Bright Bars is sold with other items?

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

### Does packaging or labelling change the GST for 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.

### Can we claim ITC on inputs used to trade 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.

### Do e‑way bill and e‑invoice apply for 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.

## India's trade performance: HSN Code 72223019 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹5 Cr (+79.23% YoY) — 0.0001% of India's total exports
- Imports: ₹66 Cr (+37.22% YoY) — 0.0011% of India's total imports
- Trade balance: −₹61 Cr (Deficit); surplus rank #10398 of 12657 HSN codes
- Share of Sub-Chapter 7222: 0.05% of its exports; import side 5.19%
- Rank within Sub-Chapter 7222: #20 of 26 by export value; import-side #7

### Key metrics

- Export CAGR: -1.10% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #6705 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +79.23% in FY 2024-25
- Contribution to Sub-Ch. 7222: 0.05% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72223019

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 | 4.98 | 0.0002% | — | 0.08% | 55.40 | 0.0015% | — | 9.39% | −50.42 | #5859 |
| FY 2019-20 | 7.94 | 0.0004% | +59.44% | 0.14% | 48.15 | 0.0014% | −13.09% | 7.76% | −40.21 | #5301 |
| FY 2020-21 | 6.83 | 0.0003% | −13.98% | 0.14% | 20.18 | 0.0007% | −58.09% | 4.85% | −13.35 | #5557 |
| FY 2021-22 | 3.67 | 0.0001% | −46.27% | 0.04% | 19.86 | 0.0004% | −1.59% | 3.24% | −16.19 | #6694 |
| FY 2022-23 | 4.98 | 0.0001% | +35.69% | 0.06% | 59.29 | 0.0010% | +198.54% | 8.01% | −54.31 | #6464 |
| FY 2023-24 | 2.60 | 0.0001% | −47.79% | 0.03% | 47.85 | 0.0009% | −19.30% | 5.69% | −45.25 | #7295 |
| FY 2024-25 | 4.66 | 0.0001% | +79.23% | 0.05% | 65.66 | 0.0011% | +37.22% | 5.19% | −61.00 | #6705 |

- CAGR (7-year): exports -1.10%/yr, imports 2.87%/yr (consistently Deficit)

## Key trade insights: HSN Code 72223019 export-import analysis

### Export decline: -1.10% CAGR over 7 years

India's exports under HSN Code 72223019 have declined at a compound annual rate of -1.10% over 7 fiscal years, falling from ₹4.98 Crore in FY 2018-19 to ₹4.66 Crore in FY 2024-25.

### HSN Code 72223019 ranked #6705 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72223019 ranks #6705 out of 12657 HSN codes by total export value. Within Sub-Chapter 7222, it ranks #20 of 26. By trade surplus, it ranks #10398 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 72223019 exports

The strongest single-year export movement for HSN Code 72223019 was recorded in FY 2024-25, when exports surged by 79.23% over the prior year.

### India records a trade deficit of ₹61.00 Crore in HSN Code 72223019 goods

In FY 2024-25, India's imports of ₹65.66 Cr exceeded exports of ₹4.66 Cr, resulting in a trade deficit of ₹61.00 Crore — ranking #10398 of 12657 by surplus magnitude.

### Import growth of 2.87% CAGR signals stable import dependency for Bright Bars

India's imports under HSN Code 72223019 have grown at 2.87% CAGR, reaching ₹65.66 Crore in FY 2024-25.

### HSN Code 72223019 contributes 0.05% of Sub-Chapter 7222 exports — ranked #20

Among the 26 HSN codes under Sub-Chapter 7222, HSN Code 72223019 ranks #20 by export value — accounting for 0.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.19% share (rank #7).

## 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 |
| #20 | HSN Code 72223019: Bright Bars (this hsn code) | ₹5 Cr |