HSN Code 72223099: Other bars and rods : Other : Other

HSN Code 72223099 represents Other bars and rods : Other : Other under GST classification. This code helps businesses identify Other bars and rods : Other : Other 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 bars and rods : Other : Other.

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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 bars and rods : Other : Other 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 72223099 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

₹23 Cr

+20.71% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

₹94 Cr

+13.40% vs FY 2023-24

0.0015% of India’s total imports

Trade Balance

FY 2024-25

−₹71 Cr

Trade Deficit

Surplus rank #10516 of 12657 HSN codes

% of Sub-Chapter 7222

FY 2024-25

0.24%

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

Import side: 7.42% of Sub-Chapter 7222’s imports

Rank Within Sub-Chapter 7222

FY 2024-25

#15 of 26

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

Import-side rank: #6 of 26

At a glance

0.86%

Export CAGR

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

#4695

National Export Rank

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

+127.69%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.24%

Contribution to Sub-Ch. 7222

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

India Export-Import Trade Statistics for HSN Code 72223099

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 #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

CAGR · 7-Year

Exports

0.86% /yr

Imports

0.85% /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 72223099 Export-Import Analysis

Consistent Export Growth: 0.86% CAGR Over 7 Years

India's exports under HSN Code 72223099 have grown at a compound annual rate of 0.86% over 7 fiscal years, rising from ₹21.54 Crore in FY 2018-19 to ₹22.67 Crore in FY 2024-25.

HSN Code 72223099 Ranked #4695 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72223099 ranks #4695 out of 12657 HSN codes by total export value. Within Sub-Chapter 7222, it ranks #15 of 26. By trade surplus, it ranks #10516 of 12657.

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 ₹71.07 Crore in HSN Code 72223099 Goods

In FY 2024-25, India's imports of ₹93.74 Cr exceeded exports of ₹22.67 Cr, resulting in a trade deficit of ₹71.07 Crore — ranking #10516 of 12657 by surplus magnitude.

Import Growth of 0.85% CAGR Signals Stable Import Dependency for Other bars and rods : Other : Other

India's imports under HSN Code 72223099 have grown at 0.85% CAGR, reaching ₹93.74 Crore in FY 2024-25.

HSN Code 72223099 Contributes 0.24% of Sub-Chapter 7222 Exports — Ranked #15

Among the 26 HSN codes under Sub-Chapter 7222, HSN Code 72223099 ranks #15 by export value — accounting for 0.24% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.42% share (rank #6).

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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 bars and rods : Other : Other?

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 bars and rods : Other : Other?

Under HSN 72223099, Other bars and rods : Other : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Other bars and rods : Other : Other is sold with other items?

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

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

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 bars and rods : Other : Other?

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

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.