HSN Code 72223091: Other bars and rods : Other : Chromium type

HSN Code 72223091 represents Other bars and rods : Other : Chromium type under GST classification. This code helps businesses identify Other bars and rods : Other : Chromium type correctly for billing, taxation, and trade. With HSN Code 72223091, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other bars and rods : Other : Chromium type.

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Description of Goods for HSN Code 72223091

HSN Code 72223091 relates to the following description.

Description of Goods

Other bars and rods : Other : Chromium type

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 72223091 not include?

Other bars and rods : Other : Chromium type 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

India’s Trade Performance — HSN Code 72223091 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

₹1 Cr

+28.21% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹7 Cr

−25.65% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹6 Cr

Trade Deficit

Surplus rank #8731 of 12657 HSN codes

% of Sub-Chapter 7222

FY 2024-25

0.01%

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

Import side: 0.56% of Sub-Chapter 7222’s imports

Rank Within Sub-Chapter 7222

FY 2024-25

#22 of 26

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

Import-side rank: #13 of 26

At a glance

59.82%

Export CAGR

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

#8250

National Export Rank

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

+140.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.01%

Contribution to Sub-Ch. 7222

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

India Export-Import Trade Statistics for HSN Code 72223091

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 #9428

Balance

−4.71

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7222

Imports

4.77 ₹ Cr

0.0001% share

YoY

0.81% of Sub-Ch. 7222

FY 2019-20 Exp. Rank #9466

Balance

−6.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−16.67% YoY

0.00% of Sub-Ch. 7222

Imports

6.13 ₹ Cr

0.0002% share

+28.51% YoY

0.99% of Sub-Ch. 7222

FY 2020-21 Exp. Rank #9138

Balance

−7.97

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+140.00% YoY

0.00% of Sub-Ch. 7222

Imports

8.09 ₹ Cr

0.0003% share

+31.97% YoY

1.95% of Sub-Ch. 7222

FY 2021-22

Balance

−11.19

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7222

Imports

11.19 ₹ Cr

0.0002% share

+38.32% YoY

1.82% of Sub-Ch. 7222

FY 2022-23 Exp. Rank #8199

Balance

−11.57

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 7222

Imports

12.47 ₹ Cr

0.0002% share

+11.44% YoY

1.68% of Sub-Ch. 7222

FY 2023-24 Exp. Rank #8454

Balance

−8.81

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−13.33% YoY

0.01% of Sub-Ch. 7222

Imports

9.59 ₹ Cr

0.0002% share

−23.10% YoY

1.14% of Sub-Ch. 7222

FY 2024-25 Exp. Rank #8250

Balance

−6.13

Exports

1.00 ₹ Cr

0.0000% share

+28.21% YoY

0.01% of Sub-Ch. 7222

Imports

7.13 ₹ Cr

0.0001% share

−25.65% YoY

0.56% of Sub-Ch. 7222

CAGR · 7-Year

Exports

59.82% /yr

Imports

6.93% /yr

Consistently Deficit
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 72223091 Export-Import Analysis

Consistent Export Growth: 59.82% CAGR Over 7 Years

India's exports under HSN Code 72223091 have grown at a compound annual rate of 59.82% over 7 fiscal years, rising from ₹0.06 Crore in FY 2018-19 to ₹1.00 Crore in FY 2024-25.

HSN Code 72223091 Ranked #8250 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72223091 ranks #8250 out of 12657 HSN codes by total export value. Within Sub-Chapter 7222, it ranks #22 of 26. By trade surplus, it ranks #8731 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 72223091 Exports

The strongest single-year export movement for HSN Code 72223091 was recorded in FY 2020-21, when exports surged by 140.00% over the prior year.

India Records a Trade Deficit of ₹6.13 Crore in HSN Code 72223091 Goods

In FY 2024-25, India's imports of ₹7.13 Cr exceeded exports of ₹1.00 Cr, resulting in a trade deficit of ₹6.13 Crore — ranking #8731 of 12657 by surplus magnitude.

Import Growth of 6.93% CAGR Signals Stable Import Dependency for Other bars and rods : Other : Chromium type

India's imports under HSN Code 72223091 have grown at 6.93% CAGR, reaching ₹7.13 Crore in FY 2024-25.

HSN Code 72223091 Contributes 0.01% of Sub-Chapter 7222 Exports — Ranked #22

Among the 26 HSN codes under Sub-Chapter 7222, HSN Code 72223091 ranks #22 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.56% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72223091 and GST compliance.

What products are classified under HSN 72223091 ?

It includes Angles, shapes: 80 mm+ thickness

How much GST applies to Other bars and rods : Other : Chromium type?

Under HSN 72223091, Other bars and rods : Other : Chromium type attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Other bars and rods : Other : Chromium type?

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.

Can we claim ITC on inputs used to trade Other bars and rods : Other : Chromium type?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Other bars and rods : Other : Chromium type?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Does packaging or labelling change the GST for Other bars and rods : Other : Chromium type?

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.

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.