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HSN Code 72249020: Semi-Finished Die-Steel-Quality Alloy Steel Products

HSN Code 72249020 represents Semi-Finished Die-Steel-Quality Alloy Steel Products under GST classification. This code helps businesses identify Semi-Finished Die-Steel-Quality Alloy Steel Products correctly for billing, taxation, and trade. With HSN Code 72249020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Semi-Finished Die-Steel-Quality Alloy Steel Products.

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Description of Goods for HSN Code 72249020

HSN Code 72249020 relates to the following description.

Description of Goods

Other : Of die steel quality

Chapter

72 - Iron and steel

Sub Chapter

7224 - Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72249020 not include?

Semi-Finished Die-Steel-Quality Alloy Steel Products does not include products with the following descriptions.

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India’s Trade Performance — HSN Code 72249020 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

₹1 Cr

−53.96% vs FY 2024-25

0.0000% of India’s total exports

India’s Imports

FY 2025-26

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2025-26

₹1 Cr

Trade Surplus

Surplus rank #4520 of 12872 HSN codes

% of Sub-Chapter 7224

FY 2025-26

0.06%

Share of Sub-Chapter 7224’s total exports in FY 2025-26

Import side: 0.00% of Sub-Chapter 7224’s imports

Rank Within Sub-Chapter 7224

FY 2025-26

#7 of 7

Position by export value among HSN codes in Sub-Chapter 7224

At a glance

98.63%

Export CAGR

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

#8232

National Export Rank

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

+2,300.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.06%

Contribution to Sub-Ch. 7224

Share of Sub-Chapter 7224 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 72249020

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 #9921

Balance

−1.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7224

Imports

1.27 ₹ Cr

0.0000% share

— YoY

0.12% of Sub-Ch. 7224

FY 2019-20 Exp. Rank #8720

Balance

−8.45

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+2,300.00% YoY

0.30% of Sub-Ch. 7224

Imports

8.69 ₹ Cr

0.0003% share

+584.25% YoY

1.69% of Sub-Ch. 7224

FY 2020-21 Exp. Rank #9985

Balance

−0.67

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−95.83% YoY

0.00% of Sub-Ch. 7224

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−92.17% YoY

0.18% of Sub-Ch. 7224

FY 2021-22 Exp. Rank #9964

Balance

+0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+200.00% YoY

0.03% of Sub-Ch. 7224

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−98.53% YoY

0.00% of Sub-Ch. 7224

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7224

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7224

FY 2023-24 Exp. Rank #8674

Balance

+0.58

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.21% of Sub-Ch. 7224

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7224

FY 2024-25 Exp. Rank #7328

Balance

+2.65

Exports

2.65 ₹ Cr

0.0001% share

+349.15% YoY

0.18% of Sub-Ch. 7224

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7224

FY 2025-26 Exp. Rank #8232

Balance

+1.22

Exports

1.22 ₹ Cr

0.0000% share

−53.96% YoY

0.06% of Sub-Ch. 7224

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7224

CAGR · 8-Year

Exports

98.63% /yr

Imports

—

Consistently Surplus
Sub-Chapter 7224 total

reference, FY 2025-26

Export

₹2,190.05 Cr

Import

₹186.45 Cr

Trade Balance

+2,003.60

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72249020 Export-Import Analysis

Consistent Export Growth: 98.63% CAGR Over 8 Years

India's exports under HSN Code 72249020 have grown at a compound annual rate of 98.63% over 8 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹1.22 Crore in FY 2025-26.

HSN Code 72249020 Ranked #8232 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72249020 ranks #8232 out of 12872 HSN codes by total export value. Within Sub-Chapter 7224, it ranks #7 of 7. By trade surplus, it ranks #4520 of 12872.

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 ₹1.22 Crore in HSN Code 72249020 Goods

In FY 2025-26, India's exports of ₹1.22 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹1.22 Crore — ranking #4520 of 12872 by surplus magnitude.

HSN Code 72249020 Contributes 0.06% of Sub-Chapter 7224 Exports — Ranked #7

Among the 7 HSN codes under Sub-Chapter 7224, HSN Code 72249020 ranks #7 by export value — accounting for 0.06% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.00% share.

Frequently Asked Questions

Clear answers to common queries about HSN Code 72249020 and GST compliance.

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.

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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.