HSN Code 72249020: Other | Of Die Steel Quality
HSN Code 72249020 represents Other | Of Die Steel Quality under GST classification. This code helps businesses identify Other | Of Die Steel Quality 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 Other | Of Die Steel Quality.
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Description of Goods for HSN Code 72249020
HSN Code 72249020 relates to the following description.
What does HSN Code 72249020 not include?
Other | Of Die Steel Quality does not include products with the following descriptions.
Ingots and other primary forms
Other : Of tool steel quality
Other : Of cobalt bearing high speed steel quality
Other : Forged blanks of alloy steel
Other : Other : Billets
Other : Other : Other
India’s Trade Performance — HSN Code 72249020 in FY 2024-25
India’s Exports
FY 2024-25₹3 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹3 Cr
Surplus rank #4102 of 12657 HSN codes
% of Sub-Chapter 7224
FY 2024-250.18%
Share of Sub-Chapter 7224’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 7224’s imports
Rank Within Sub-Chapter 7224
FY 2024-25#5 of 7
Position by export value among HSN codes in Sub-Chapter 7224
At a glance
153.44%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7328
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+2,300.00%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.18%
Contribution to Sub-Ch. 7224
Share of Sub-Chapter 7224 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
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
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
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
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
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
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
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
CAGR · 7-Year
Exports
153.44% /yr
Imports
—
reference, FY 2024-25
Export
₹1,500.26 Cr
Import
₹245.74 Cr
Trade Balance
+1,254.52
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.
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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.