HSN Code 72223019: Bright Bars
HSN Code 72223019 represents Bright Bars under GST classification. This code helps businesses identify Bright Bars correctly for billing, taxation, and trade. With HSN Code 72223019, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Bright Bars.
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Description of Goods for HSN Code 72223019
HSN Code 72223019 relates to the following description.
What does HSN Code 72223019 not include?
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 : 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 : 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 : 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 : 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 : 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 Trade Performance — HSN Code 72223019 in FY 2024-25
India’s Exports
FY 2024-25₹5 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹66 Cr
0.0011% of India’s total imports
Trade Balance
FY 2024-25−₹61 Cr
Surplus rank #10398 of 12657 HSN codes
% of Sub-Chapter 7222
FY 2024-250.05%
Share of Sub-Chapter 7222’s total exports in FY 2024-25
Import side: 5.19% of Sub-Chapter 7222’s imports
Rank Within Sub-Chapter 7222
FY 2024-25#20 of 26
Position by export value among HSN codes in Sub-Chapter 7222
Import-side rank: #7 of 26
At a glance
−1.10%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6705
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+79.23%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.05%
Contribution to Sub-Ch. 7222
Share of Sub-Chapter 7222 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
−50.42
Exports
4.98 ₹ Cr
0.0002% share
— YoY
0.08% of Sub-Ch. 7222
Imports
55.40 ₹ Cr
0.0015% share
— YoY
9.39% of Sub-Ch. 7222
Balance
−40.21
Exports
7.94 ₹ Cr
0.0004% share
+59.44% YoY
0.14% of Sub-Ch. 7222
Imports
48.15 ₹ Cr
0.0014% share
−13.09% YoY
7.76% of Sub-Ch. 7222
Balance
−13.35
Exports
6.83 ₹ Cr
0.0003% share
−13.98% YoY
0.14% of Sub-Ch. 7222
Imports
20.18 ₹ Cr
0.0007% share
−58.09% YoY
4.85% of Sub-Ch. 7222
Balance
−16.19
Exports
3.67 ₹ Cr
0.0001% share
−46.27% YoY
0.04% of Sub-Ch. 7222
Imports
19.86 ₹ Cr
0.0004% share
−1.59% YoY
3.24% of Sub-Ch. 7222
Balance
−54.31
Exports
4.98 ₹ Cr
0.0001% share
+35.69% YoY
0.06% of Sub-Ch. 7222
Imports
59.29 ₹ Cr
0.0010% share
+198.54% YoY
8.01% of Sub-Ch. 7222
Balance
−45.25
Exports
2.60 ₹ Cr
0.0001% share
−47.79% YoY
0.03% of Sub-Ch. 7222
Imports
47.85 ₹ Cr
0.0009% share
−19.30% YoY
5.69% of Sub-Ch. 7222
Balance
−61.00
Exports
4.66 ₹ Cr
0.0001% share
+79.23% YoY
0.05% of Sub-Ch. 7222
Imports
65.66 ₹ Cr
0.0011% share
+37.22% YoY
5.19% of Sub-Ch. 7222
CAGR · 7-Year
Exports
−1.10% /yr
Imports
2.87% /yr
reference, FY 2024-25
Export
₹9,435.83 Cr
Import
₹1,263.99 Cr
Trade Balance
+8,171.84
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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 72223019 and GST compliance.
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.