HSN Code 72254012: Pressure Vessel Quality Steel

HSN Code 72254012 represents Pressure Vessel Quality Steel under GST classification. This code helps businesses identify Pressure Vessel Quality Steel correctly for billing, taxation, and trade. With HSN Code 72254012, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Pressure Vessel Quality Steel.

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Description of Goods for HSN Code 72254012

HSN Code 72254012 relates to the following description.

Description of Goods

Other, not further worked than hot-rolled, not in coils : Of a thickness of above 4.75 mm : Pressure vessel quality

Chapter

72 - Iron and steel

Sub Chapter

7225 - Flat-rolled products of other alloy steel, of a width of 600 mm or more

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72254012 not include?

Pressure Vessel Quality Steel does not include products with the following descriptions.

Flat-rolled products of other alloy steel, of a width of 600 mm or more - of high speed steel : hot-rolled : in coils

Flat-rolled products of other alloy steel, of a width of 600 mm or more - of high speed steel : hot-rolled : not in coils

Flat-rolled products of other alloy steel, of a width of 600 mm or more - of high speed steel : cold-rolled : in coils

Flat-rolled products of other alloy steel, of a width of 600 mm or more - of high speed steel : cold-rolled : not in coils

Other, not further worked than hot-rolled, in coils : Of spring steel quality

Other, not further worked than hot-rolled, not in coils : Of a thickness of above 4.75 mm : Boiler quality

Other, not further worked than hot-rolled, not in coils : Of a thickness of above 4.75 mm : High tensile quality

Other, not further worked than hot-rolled, not in coils : Of a thickness of above 4.75 mm : Other

Other, not further worked than hot-rolled, not in coils : Of a thickness of 3 mm and above but not exceeding 4.75 mm

Other, not further worked than hot-rolled, not in coils : Of a thickness of below 3 mm

Other, not further worked than cold-rolled (cold-reduced) : Of a thickness of less than 3 mm

Other, not further worked than cold-rolled (cold-reduced) : Of a thickness of 3 mm to 4.75 mm

Other, not further worked than cold-rolled (cold-reduced) : Of a thickness of above 4.75 mm

Flat-rolled products of other alloy steel, of a width of 600 mm or more - other : electrolytically plated or coated with zinc

Flat-rolled products of other alloy steel, of a width of 600 mm or more - other : otherwise plated or coated with zinc

Flat-rolled products of other alloy steel, of a width of 600 mm or more - other : other

India’s Trade Performance — HSN Code 72254012 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

₹2 Cr

−59.89% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹167 Cr

−1.94% vs FY 2023-24

0.0027% of India’s total imports

Trade Balance

FY 2024-25

−₹165 Cr

Trade Deficit

Surplus rank #11177 of 12657 HSN codes

% of Sub-Chapter 7225

FY 2024-25

0.38%

Share of Sub-Chapter 7225’s total exports in FY 2024-25

Import side: 1.05% of Sub-Chapter 7225’s imports

Rank Within Sub-Chapter 7225

FY 2024-25

#12 of 30

Position by export value among HSN codes in Sub-Chapter 7225

Import-side rank: #10 of 30

At a glance

131.02%

Export CAGR

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

#7850

National Export Rank

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

+4,395.52%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.38%

Contribution to Sub-Ch. 7225

Share of Sub-Chapter 7225 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72254012

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 #9921

Balance

−146.12

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7225

Imports

146.13 ₹ Cr

0.0041% share

YoY

1.32% of Sub-Ch. 7225

FY 2019-20 Exp. Rank #8633

Balance

−137.93

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+2,600.00% YoY

0.05% of Sub-Ch. 7225

Imports

138.20 ₹ Cr

0.0041% share

−5.43% YoY

1.43% of Sub-Ch. 7225

FY 2020-21 Exp. Rank #9278

Balance

−201.17

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

0.02% of Sub-Ch. 7225

Imports

201.26 ₹ Cr

0.0069% share

+45.63% YoY

2.66% of Sub-Ch. 7225

FY 2021-22 Exp. Rank #8350

Balance

−187.46

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+644.44% YoY

0.08% of Sub-Ch. 7225

Imports

188.13 ₹ Cr

0.0041% share

−6.52% YoY

1.52% of Sub-Ch. 7225

FY 2022-23 Exp. Rank #4165

Balance

−170.32

Exports

30.12 ₹ Cr

0.0008% share

+4,395.52% YoY

0.31% of Sub-Ch. 7225

Imports

200.44 ₹ Cr

0.0035% share

+6.54% YoY

1.17% of Sub-Ch. 7225

FY 2023-24 Exp. Rank #6898

Balance

−166.08

Exports

3.79 ₹ Cr

0.0001% share

−87.42% YoY

0.54% of Sub-Ch. 7225

Imports

169.87 ₹ Cr

0.0030% share

−15.25% YoY

1.11% of Sub-Ch. 7225

FY 2024-25 Exp. Rank #7850

Balance

−165.06

Exports

1.52 ₹ Cr

0.0000% share

−59.89% YoY

0.38% of Sub-Ch. 7225

Imports

166.58 ₹ Cr

0.0027% share

−1.94% YoY

1.05% of Sub-Ch. 7225

CAGR · 7-Year

Exports

131.02% /yr

Imports

2.21% /yr

Consistently Deficit
Sub-Chapter 7225 total

reference, FY 2024-25

Export

₹399.33 Cr

Import

₹15,882.53 Cr

Trade Balance

−15,483.20

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

Key Trade Insights: HSN Code 72254012 Export-Import Analysis

Consistent Export Growth: 131.02% CAGR Over 7 Years

India's exports under HSN Code 72254012 have grown at a compound annual rate of 131.02% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹1.52 Crore in FY 2024-25.

HSN Code 72254012 Ranked #7850 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72254012 ranks #7850 out of 12657 HSN codes by total export value. Within Sub-Chapter 7225, it ranks #12 of 30. By trade surplus, it ranks #11177 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 72254012 Exports

The strongest single-year export movement for HSN Code 72254012 was recorded in FY 2022-23, when exports surged by 4,395.52% over the prior year.

India Records a Trade Deficit of ₹165.06 Crore in HSN Code 72254012 Goods

In FY 2024-25, India's imports of ₹166.58 Cr exceeded exports of ₹1.52 Cr, resulting in a trade deficit of ₹165.06 Crore — ranking #11177 of 12657 by surplus magnitude.

Import Growth of 2.21% CAGR Signals Stable Import Dependency for Pressure Vessel Quality Steel

India's imports under HSN Code 72254012 have grown at 2.21% CAGR, reaching ₹166.58 Crore in FY 2024-25.

HSN Code 72254012 Contributes 0.38% of Sub-Chapter 7225 Exports — Ranked #12

Among the 30 HSN codes under Sub-Chapter 7225, HSN Code 72254012 ranks #12 by export value — accounting for 0.38% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.05% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72254012 and GST compliance.

What products are classified under HSN 72254012 ?

It includes Hot-Rolled Steel (3 mm – 4.75 mm)

Any common misclassification issue with Pressure Vessel Quality Steel?

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 Pressure Vessel Quality Steel?

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.

Can we claim ITC on inputs used to trade Pressure Vessel Quality Steel?

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

How much GST applies to Pressure Vessel Quality Steel?

Under HSN 72254012, Pressure Vessel Quality Steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Pressure Vessel Quality Steel is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Pressure Vessel Quality Steel; Nil for exempt items if applicable).

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.