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HSN Code 72223099: Other Stainless Steel Bars and Rods

HSN Code 72223099 represents Other Stainless Steel Bars and Rods under GST classification. This code helps businesses identify Other Stainless Steel Bars and Rods correctly for billing, taxation, and trade. With HSN Code 72223099, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Stainless Steel Bars and Rods.

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Description of Goods for HSN Code 72223099

HSN Code 72223099 relates to the following description.

Description of Goods

Other bars and rods : Other : 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 72223099 not include?

Other Stainless Steel Bars and Rods 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 72223099 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

₹21 Cr

−6.13% vs FY 2024-25

0.0005% of India’s total exports

India’s Imports

FY 2025-26

₹97 Cr

+3.73% vs FY 2024-25

0.0014% of India’s total imports

Trade Balance

FY 2025-26

−₹76 Cr

Trade Deficit

Surplus rank #10631 of 12872 HSN codes

% of Sub-Chapter 7222

FY 2025-26

0.22%

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

Import side: 5.78% of Sub-Chapter 7222’s imports

Rank Within Sub-Chapter 7222

FY 2025-26

#16 of 26

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

Import-side rank: #6 of 26

At a glance

−0.17%

Export CAGR

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

#4966

National Export Rank

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

+127.69%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.22%

Contribution to Sub-Ch. 7222

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

India Export-Import Trade Statistics for HSN Code 72223099

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 #4008

Balance

−67.58

Exports

21.54 ₹ Cr

0.0009% share

— YoY

0.36% of Sub-Ch. 7222

Imports

89.12 ₹ Cr

0.0025% share

— YoY

15.11% of Sub-Ch. 7222

FY 2019-20 Exp. Rank #3572

Balance

−30.82

Exports

30.60 ₹ Cr

0.0014% share

+42.06% YoY

0.55% of Sub-Ch. 7222

Imports

61.42 ₹ Cr

0.0018% share

−31.08% YoY

9.90% of Sub-Ch. 7222

FY 2020-21 Exp. Rank #3632

Balance

−17.97

Exports

30.59 ₹ Cr

0.0014% share

−0.03% YoY

0.61% of Sub-Ch. 7222

Imports

48.56 ₹ Cr

0.0017% share

−20.94% YoY

11.68% of Sub-Ch. 7222

FY 2021-22 Exp. Rank #2886

Balance

+17.15

Exports

69.65 ₹ Cr

0.0022% share

+127.69% YoY

0.84% of Sub-Ch. 7222

Imports

52.50 ₹ Cr

0.0011% share

+8.11% YoY

8.56% of Sub-Ch. 7222

FY 2022-23 Exp. Rank #3457

Balance

−29.97

Exports

50.66 ₹ Cr

0.0014% share

−27.26% YoY

0.58% of Sub-Ch. 7222

Imports

80.63 ₹ Cr

0.0014% share

+53.58% YoY

10.89% of Sub-Ch. 7222

FY 2023-24 Exp. Rank #4857

Balance

−63.88

Exports

18.78 ₹ Cr

0.0005% share

−62.93% YoY

0.20% of Sub-Ch. 7222

Imports

82.66 ₹ Cr

0.0015% share

+2.52% YoY

9.83% of Sub-Ch. 7222

FY 2024-25 Exp. Rank #4695

Balance

−71.07

Exports

22.67 ₹ Cr

0.0006% share

+20.71% YoY

0.24% of Sub-Ch. 7222

Imports

93.74 ₹ Cr

0.0015% share

+13.40% YoY

7.42% of Sub-Ch. 7222

FY 2025-26 Exp. Rank #4966

Balance

−75.96

Exports

21.28 ₹ Cr

0.0005% share

−6.13% YoY

0.22% of Sub-Ch. 7222

Imports

97.24 ₹ Cr

0.0014% share

+3.73% YoY

5.78% of Sub-Ch. 7222

CAGR · 8-Year

Exports

−0.17% /yr

Imports

1.25% /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 72223099 Export-Import Analysis

Export Decline: −0.17% CAGR Over 8 Years

India's exports under HSN Code 72223099 have declined at a compound annual rate of −0.17% over 8 fiscal years, falling from ₹21.54 Crore in FY 2018-19 to ₹21.28 Crore in FY 2025-26.

HSN Code 72223099 Ranked #4966 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72223099 ranks #4966 out of 12872 HSN codes by total export value. Within Sub-Chapter 7222, it ranks #16 of 26. By trade surplus, it ranks #10631 of 12872.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72223099 Exports

The strongest single-year export movement for HSN Code 72223099 was recorded in FY 2021-22, when exports surged by 127.69% over the prior year.

India Records a Trade Deficit of ₹75.96 Crore in HSN Code 72223099 Goods

In FY 2025-26, India's imports of ₹97.24 Cr exceeded exports of ₹21.28 Cr, resulting in a trade deficit of ₹75.96 Crore — ranking #10631 of 12872 by surplus magnitude.

Import Growth of 1.25% CAGR Signals Stable Import Dependency for Other Stainless Steel Bars and Rods

India's imports under HSN Code 72223099 have grown at 1.25% CAGR, reaching ₹97.24 Crore in FY 2025-26.

HSN Code 72223099 Contributes 0.22% of Sub-Chapter 7222 Exports — Ranked #16

Among the 26 HSN codes under Sub-Chapter 7222, HSN Code 72223099 ranks #16 by export value — accounting for 0.22% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 5.78% share (rank #6).

Frequently Asked Questions

Clear answers to common queries about HSN Code 72223099 and GST compliance.

What products are classified under HSN 72223099 ?

It includes Wire of stainless steel : Electrode quality

Can we claim ITC on inputs used to trade Other Stainless Steel Bars and Rods?

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 Other Stainless Steel Bars and Rods?

Under HSN 72223099, Other Stainless Steel Bars and Rods attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Other Stainless Steel Bars and Rods 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 Bars and Rods; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Other Stainless Steel Bars and Rods?

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.

Any common misclassification issue with Other Stainless Steel Bars and Rods?

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

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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.