--- title: "HSN Code for Other | Of Die Steel Quality | HSN 72249020 GST Rate" description: "Find HSN and GST Rates for 72249020 related to Other | Of Die Steel Quality with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72249020/" --- # HSN Code 72249020: Other | Of Die Steel Quality - [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 7224: Other alloy steel products](https://busy.in/hsn/sub-chapter-7224/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Of die steel quality | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72249020 ? It includes Other | Other | Billets ### How should mixed supplies be billed when Other / Of Die Steel Quality is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Of Die Steel Quality; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Other / Of Die Steel Quality? 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 / Of Die Steel Quality? 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 / Of Die Steel Quality? 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 / Of Die Steel Quality? 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. ## India's trade performance: HSN Code 72249020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (+349.15% YoY) — 0.0001% of India's total exports - Imports: Nil (−100.00% YoY) — 0.0000% of India's total imports - Trade balance: ₹3 Cr (Surplus); surplus rank #4102 of 12657 HSN codes - Share of Sub-Chapter 7224: 0.18% of its exports; import side 0.00% - Rank within Sub-Chapter 7224: #5 of 7 by export value ### Key metrics - Export CAGR: 153.44% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7328 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +2,300.00% in FY 2019-20 - Contribution to Sub-Ch. 7224: 0.18% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72249020 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. 7224 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7224 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.00% | 1.27 | 0.0000% | — | 0.12% | −1.26 | #9921 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +2,300.00% | 0.30% | 8.69 | 0.0003% | +584.25% | 1.69% | −8.45 | #8720 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −95.83% | 0.00% | < ₹1 Crore | 0.0000% | −92.17% | 0.18% | −0.67 | #9985 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +200.00% | 0.03% | < ₹1 Crore | 0.0000% | −98.53% | 0.00% | +0.02 | #9964 | | FY 2022-23 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | 0.00 | — | | FY 2023-24 | < ₹1 Crore | 0.0000% | — | 0.21% | < ₹1 Crore | 0.0000% | — | 0.00% | +0.58 | #8674 | | FY 2024-25 | 2.65 | 0.0001% | +349.15% | 0.18% | Nil | 0.0000% | −100.00% | 0.00% | +2.65 | #7328 | - CAGR (7-year): exports 153.44%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 72249020 export-import analysis ### Consistent export growth: 153.44% CAGR over 7 years India's exports under HSN Code 72249020 have grown at a compound annual rate of 153.44% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹2.65 Crore in FY 2024-25. ### HSN Code 72249020 ranked #7328 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72249020 ranks #7328 out of 12657 HSN codes by total export value. Within Sub-Chapter 7224, it ranks #5 of 7. By trade surplus, it ranks #4102 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 72249020 exports The strongest single-year export movement for HSN Code 72249020 was recorded in FY 2019-20, when exports surged by 2,300.00% over the prior year. ### India maintains a trade surplus of ₹2.65 Crore in HSN Code 72249020 goods In FY 2024-25, India's exports of ₹2.65 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹2.65 Crore — ranking #4102 of 12657 by surplus magnitude. ### HSN Code 72249020 contributes 0.18% of Sub-Chapter 7224 exports — ranked #5 Among the 7 HSN codes under Sub-Chapter 7224, HSN Code 72249020 ranks #5 by export value — accounting for 0.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 7224 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72249099: Semi-finished products of other alloy steel \| Other](https://busy.in/hsn/hsn-72249099/) | ₹1,417 Cr | | #2 | [HSN Code 72241000: Ingots And Other Primary Forms](https://busy.in/hsn/hsn-72241000/) | ₹59 Cr | | #3 | [HSN Code 72249091: Other \| Other \| Billets](https://busy.in/hsn/hsn-72249091/) | ₹12 Cr | | #4 | [HSN Code 72249040: Other \| Forged Blanks Of Alloy Steel](https://busy.in/hsn/hsn-72249040/) | ₹8 Cr | | #5 | HSN Code 72249020: Other \| Of Die Steel Quality (this hsn code) | ₹3 Cr | | #6 | [HSN Code 72249030: Cobalt bearing steel](https://busy.in/hsn/hsn-72249030/) | < ₹1 Crore | | #7 | [HSN Code 72249010: Other \| Of Tool Steel Quality](https://busy.in/hsn/hsn-72249010/) | < ₹1 Crore |