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HSN Code 72223019: Other Stainless Steel Bright Bars

HSN Code 72223019 represents Other Stainless Steel Bright Bars under GST classification. This code helps businesses identify Other Stainless Steel 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 Other Stainless Steel Bright Bars.

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Description of Goods for HSN Code 72223019

HSN Code 72223019 relates to the following description.

Description of Goods

Other bars and rods : 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 72223019 not include?

Other Stainless Steel 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

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India’s Trade Performance — HSN Code 72223019 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹10 Cr

+108.58% vs FY 2024-25

0.0002% of India’s total exports

India’s Imports

FY 2025-26

₹118 Cr

+79.42% vs FY 2024-25

0.0017% of India’s total imports

Trade Balance

FY 2025-26

−₹108 Cr

Trade Deficit

Surplus rank #10916 of 12872 HSN codes

% of Sub-Chapter 7222

FY 2025-26

0.10%

Share of Sub-Chapter 7222’s total exports in FY 2025-26

Import side: 7.01% of Sub-Chapter 7222’s imports

Rank Within Sub-Chapter 7222

FY 2025-26

#20 of 26

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

Import-side rank: #5 of 26

At a glance

10.02%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#6011

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+108.58%

Peak Growth Year

FY 2025-26 · strongest single-year move

0.10%

Contribution to Sub-Ch. 7222

Share of Sub-Chapter 7222 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 72223019

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #5859

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

FY 2019-20 Exp. Rank #5301

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

FY 2020-21 Exp. Rank #5557

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

FY 2021-22 Exp. Rank #6694

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

FY 2022-23 Exp. Rank #6464

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

FY 2023-24 Exp. Rank #7295

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

FY 2024-25 Exp. Rank #6705

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

FY 2025-26 Exp. Rank #6011

Balance

−108.09

Exports

9.72 ₹ Cr

0.0002% share

+108.58% YoY

0.10% of Sub-Ch. 7222

Imports

117.81 ₹ Cr

0.0017% share

+79.42% YoY

7.01% of Sub-Ch. 7222

CAGR · 8-Year

Exports

10.02% /yr

Imports

11.38% /yr

Consistently Deficit
Sub-Chapter 7222 total

reference, FY 2025-26

Export

₹9,887.15 Cr

Import

₹1,681.57 Cr

Trade Balance

+8,205.58

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

Key Trade Insights: HSN Code 72223019 Export-Import Analysis

Consistent Export Growth: 10.02% CAGR Over 8 Years

India's exports under HSN Code 72223019 have grown at a compound annual rate of 10.02% over 8 fiscal years, rising from ₹4.98 Crore in FY 2018-19 to ₹9.72 Crore in FY 2025-26.

HSN Code 72223019 Ranked #6011 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72223019 ranks #6011 out of 12872 HSN codes by total export value. Within Sub-Chapter 7222, it ranks #20 of 26. By trade surplus, it ranks #10916 of 12872.

FY 2025-26 Was the Strongest Growth Year for HSN Code 72223019 Exports

The strongest single-year export movement for HSN Code 72223019 was recorded in FY 2025-26, when exports surged by 108.58% over the prior year.

India Records a Trade Deficit of ₹108.09 Crore in HSN Code 72223019 Goods

In FY 2025-26, India's imports of ₹117.81 Cr exceeded exports of ₹9.72 Cr, resulting in a trade deficit of ₹108.09 Crore — ranking #10916 of 12872 by surplus magnitude.

Import Growth of 11.38% CAGR Signals Rising Demand for Other Stainless Steel Bright Bars

India's imports under HSN Code 72223019 have grown at 11.38% CAGR, reaching ₹117.81 Crore in FY 2025-26.

HSN Code 72223019 Contributes 0.10% 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 0.10% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 7.01% share (rank #5).

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 Other Stainless Steel 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 Other Stainless Steel Bright Bars is sold with other items?

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

Does packaging or labelling change the GST for Other Stainless Steel 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 Other Stainless Steel 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 Other Stainless Steel 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.

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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.