---
title: "HSN Code for Stainless Steel Wire (0.46-1.5 mm) | HSN 72230092 GST Rate"
description: "Find HSN and GST Rates for 72230092 related to Stainless Steel Wire (0.46-1.5 mm) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72230092/"
---

# HSN Code 72230092: Stainless Steel Wire (0.46-1.5 mm)

- [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/)
- [Chapter 72: Iron & Steel](https://busy.in/hsn/chapter-72/)
- [Sub-chapter 7223: Wire of stainless steel](https://busy.in/hsn/sub-chapter-7223/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Wire of stainless steel : Other : Of thickness of 0.46 mm and above but not exceeding 1.5 mm | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72230092 ?

It includes Other | Of Tool Steel Quality

### Do e‑way bill and e‑invoice apply for Stainless Steel Wire (0.46-1.5 mm)?

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.

### How should mixed supplies be billed when Stainless Steel Wire (0.46-1.5 mm) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Stainless Steel Wire (0.46-1.5 mm); Nil for exempt items if applicable).

### Any common misclassification issue with Stainless Steel Wire (0.46-1.5 mm)?

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

### Can we claim ITC on inputs used to trade Stainless Steel Wire (0.46-1.5 mm)?

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

### Does packaging or labelling change the GST for Stainless Steel Wire (0.46-1.5 mm)?

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.

### How much GST applies to Stainless Steel Wire (0.46-1.5 mm)?

Under HSN 72230092, Stainless Steel Wire (0.46-1.5 mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 72230092 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹664 Cr (+4.14% YoY) — 0.0180% of India's total exports
- Imports: ₹78 Cr (+33.02% YoY) — 0.0013% of India's total imports
- Trade balance: ₹586 Cr (Surplus); surplus rank #548 of 12657 HSN codes
- Share of Sub-Chapter 7223: 18.64% of its exports; import side 23.11%
- Rank within Sub-Chapter 7223: #2 of 4 by export value; import-side #2

### Key metrics

- Export CAGR: 8.79% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #774 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +76.22% in FY 2021-22
- Contribution to Sub-Ch. 7223: 18.64% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72230092

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7223 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7223 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 400.57 | 0.0175% | — | 18.57% | 45.47 | 0.0013% | — | 18.83% | +355.10 | #788 |
| FY 2019-20 | 349.12 | 0.0159% | −12.84% | 17.39% | 48.16 | 0.0014% | +5.92% | 19.75% | +300.96 | #881 |
| FY 2020-21 | 398.12 | 0.0185% | +14.04% | 18.26% | 29.91 | 0.0010% | −37.89% | 14.66% | +368.21 | #820 |
| FY 2021-22 | 701.55 | 0.0224% | +76.22% | 18.02% | 49.50 | 0.0011% | +65.50% | 18.66% | +652.05 | #631 |
| FY 2022-23 | 721.67 | 0.0199% | +2.87% | 19.33% | 52.94 | 0.0009% | +6.95% | 17.96% | +668.73 | #673 |
| FY 2023-24 | 637.56 | 0.0176% | −11.65% | 19.96% | 58.90 | 0.0010% | +11.26% | 20.44% | +578.66 | #774 |
| FY 2024-25 | 663.97 | 0.0180% | +4.14% | 18.64% | 78.35 | 0.0013% | +33.02% | 23.11% | +585.62 | #774 |

- CAGR (7-year): exports 8.79%/yr, imports 9.49%/yr (consistently Surplus)

## Key trade insights: HSN Code 72230092 export-import analysis

### Consistent export growth: 8.79% CAGR over 7 years

India's exports under HSN Code 72230092 have grown at a compound annual rate of 8.79% over 7 fiscal years, rising from ₹400.57 Crore in FY 2018-19 to ₹663.97 Crore in FY 2024-25.

### HSN Code 72230092 ranked #774 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72230092 ranks #774 out of 12657 HSN codes by total export value. Within Sub-Chapter 7223, it ranks #2 of 4. By trade surplus, it ranks #548 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 72230092 exports

The strongest single-year export movement for HSN Code 72230092 was recorded in FY 2021-22, when exports surged by 76.22% over the prior year.

### India maintains a trade surplus of ₹585.62 Crore in HSN Code 72230092 goods

In FY 2024-25, India's exports of ₹663.97 Cr exceeded imports of ₹78.35 Cr, resulting in a trade surplus of ₹585.62 Crore — ranking #548 of 12657 by surplus magnitude.

### Import growth of 9.49% CAGR signals stable import dependency for Stainless Steel Wire (0.46-1.5 mm)

India's imports under HSN Code 72230092 have grown at 9.49% CAGR, reaching ₹78.35 Crore in FY 2024-25.

### HSN Code 72230092 contributes 18.64% of Sub-Chapter 7223 exports — ranked #2

Among the 4 HSN codes under Sub-Chapter 7223, HSN Code 72230092 ranks #2 by export value — accounting for 18.64% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 23.11% share (rank #2).

## Related HSN Codes in Sub-Chapter 7223

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 72230091: Stainless steel wire: 1.5mm+ thickness](https://busy.in/hsn/hsn-72230091/) | ₹2,220 Cr |
| #2 | HSN Code 72230092: Stainless Steel Wire (0.46-1.5 mm) (this hsn code) | ₹664 Cr |
| #3 | [HSN Code 72230099: Wire of stainless steel: < 0.46 mm](https://busy.in/hsn/hsn-72230099/) | ₹371 Cr |
| #4 | [HSN Code 72230010: Wire of stainless steel : Electrode quality](https://busy.in/hsn/hsn-72230010/) | ₹306 Cr |