HSN Code 72224020: Angles & Sections (<80mm)

HSN Code 72224020 represents Angles & Sections (<80mm) under GST classification. This code helps businesses identify Angles & Sections (<80mm) correctly for billing, taxation, and trade. With HSN Code 72224020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Angles & Sections (<80mm).

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Description of Goods for HSN Code 72224020

HSN Code 72224020 relates to the following description.

Description of Goods

Angles, shapes and sections : Of below 80 mm

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 72224020 not include?

Angles & Sections (<80mm) 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 72224020 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

₹1,610 Cr

+8.00% vs FY 2023-24

0.0438% of India’s total exports

India’s Imports

FY 2024-25

₹35 Cr

−39.17% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

₹1,575 Cr

Trade Surplus

Surplus rank #250 of 12657 HSN codes

% of Sub-Chapter 7222

FY 2024-25

17.07%

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

Import side: 2.80% of Sub-Chapter 7222’s imports

Rank Within Sub-Chapter 7222

FY 2024-25

#2 of 26

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

Import-side rank: #10 of 26

At a glance

6.70%

Export CAGR

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

#342

National Export Rank

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

+63.80%

Peak Growth Year

FY 2021-22 · strongest single-year move

17.07%

Contribution to Sub-Ch. 7222

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

India Export-Import Trade Statistics for HSN Code 72224020

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 #303

Balance

+1,082.58

Exports

1,091.34 ₹ Cr

0.0478% share

YoY

18.25% of Sub-Ch. 7222

Imports

8.76 ₹ Cr

0.0002% share

YoY

1.48% of Sub-Ch. 7222

FY 2019-20 Exp. Rank #326

Balance

+996.55

Exports

1,006.58 ₹ Cr

0.0457% share

−7.77% YoY

18.22% of Sub-Ch. 7222

Imports

10.03 ₹ Cr

0.0003% share

+14.50% YoY

1.62% of Sub-Ch. 7222

FY 2020-21 Exp. Rank #365

Balance

+966.35

Exports

977.63 ₹ Cr

0.0455% share

−2.88% YoY

19.45% of Sub-Ch. 7222

Imports

11.28 ₹ Cr

0.0004% share

+12.46% YoY

2.71% of Sub-Ch. 7222

FY 2021-22 Exp. Rank #304

Balance

+1,584.57

Exports

1,601.37 ₹ Cr

0.0510% share

+63.80% YoY

19.24% of Sub-Ch. 7222

Imports

16.80 ₹ Cr

0.0004% share

+48.94% YoY

2.74% of Sub-Ch. 7222

FY 2022-23 Exp. Rank #380

Balance

+1,318.00

Exports

1,347.94 ₹ Cr

0.0372% share

−15.83% YoY

15.46% of Sub-Ch. 7222

Imports

29.94 ₹ Cr

0.0005% share

+78.21% YoY

4.04% of Sub-Ch. 7222

FY 2023-24 Exp. Rank #338

Balance

+1,432.72

Exports

1,491.00 ₹ Cr

0.0412% share

+10.61% YoY

15.97% of Sub-Ch. 7222

Imports

58.28 ₹ Cr

0.0010% share

+94.66% YoY

6.93% of Sub-Ch. 7222

FY 2024-25 Exp. Rank #342

Balance

+1,574.83

Exports

1,610.28 ₹ Cr

0.0438% share

+8.00% YoY

17.07% of Sub-Ch. 7222

Imports

35.45 ₹ Cr

0.0006% share

−39.17% YoY

2.80% of Sub-Ch. 7222

CAGR · 7-Year

Exports

6.70% /yr

Imports

26.24% /yr

Consistently Surplus
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 72224020 Export-Import Analysis

Consistent Export Growth: 6.70% CAGR Over 7 Years

India's exports under HSN Code 72224020 have grown at a compound annual rate of 6.70% over 7 fiscal years, rising from ₹1,091.34 Crore in FY 2018-19 to ₹1,610.28 Crore in FY 2024-25.

HSN Code 72224020 Ranked #342 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72224020 ranks #342 out of 12657 HSN codes by total export value. Within Sub-Chapter 7222, it ranks #2 of 26. By trade surplus, it ranks #250 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 72224020 Exports

The strongest single-year export movement for HSN Code 72224020 was recorded in FY 2021-22, when exports surged by 63.80% over the prior year.

India Maintains a Trade Surplus of ₹1,574.83 Crore in HSN Code 72224020 Goods

In FY 2024-25, India's exports of ₹1,610.28 Cr exceeded imports of ₹35.45 Cr, resulting in a trade surplus of ₹1,574.83 Crore — ranking #250 of 12657 by surplus magnitude.

Import Growth of 26.24% CAGR Signals Rising Demand for Angles & Sections (<80mm)

India's imports under HSN Code 72224020 have grown at 26.24% CAGR, reaching ₹35.45 Crore in FY 2024-25.

HSN Code 72224020 Contributes 17.07% of Sub-Chapter 7222 Exports — Ranked #2

Among the 26 HSN codes under Sub-Chapter 7222, HSN Code 72224020 ranks #2 by export value — accounting for 17.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.80% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72224020 and GST compliance.

What products are classified under HSN 72224020 ?

It includes Stainless Steel Wire (0.46-1.5 mm)

How should mixed supplies be billed when Angles & Sections (<80mm) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Angles & Sections (<80mm); Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Angles & Sections (<80mm)?

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 Angles & Sections (<80mm)?

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 Angles & Sections (<80mm)?

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 Angles & Sections (<80mm)?

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.