HSN Code 72261920: Of silicon-electrical steel : Other : Cold rolled

HSN Code 72261920 represents Of silicon-electrical steel : Other : Cold rolled under GST classification. This code helps businesses identify Of silicon-electrical steel : Other : Cold rolled correctly for billing, taxation, and trade. With HSN Code 72261920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of silicon-electrical steel : Other : Cold rolled.

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Description of Goods for HSN Code 72261920

HSN Code 72261920 relates to the following description.

Description of Goods

Of silicon-electrical steel : Other : Cold rolled

Chapter

72 - Iron and steel

Sub Chapter

7226 - Flat-rolled products of other alloy steel, of a width of less than 600 mm

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72261920 not include?

Of silicon-electrical steel : Other : Cold rolled does not include products with the following descriptions.

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

Other: Not further worked than hot-rolled : High tensile quality of a thickness of above 4.75 mm

Other: Not further worked than cold-rolled (cold- reduced) : Of a thickness of below 3 mm

Other: Not further worked than cold-rolled (cold- reduced) : Of a thickness of 3 mm and above but not exceeding 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 less than 600 mm - other: electrolytically plated or coated with zinc

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

Other : Other : Plated or coated with zinc : Electrolytically, plain and corrugated

Other : Other :Otherwise coated or plated : Painted, coloured or coated with plastics

India’s Trade Performance — HSN Code 72261920 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

< ₹1 Crore

−63.27% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹42 Cr

−28.90% vs FY 2023-24

0.0007% of India’s total imports

Trade Balance

FY 2024-25

−₹41 Cr

Trade Deficit

Surplus rank #10097 of 12657 HSN codes

% of Sub-Chapter 7226

FY 2024-25

0.29%

Share of Sub-Chapter 7226’s total exports in FY 2024-25

Import side: 2.42% of Sub-Chapter 7226’s imports

Rank Within Sub-Chapter 7226

FY 2024-25

#9 of 35

Position by export value among HSN codes in Sub-Chapter 7226

Import-side rank: #7 of 35

At a glance

−23.67%

Export CAGR

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

#8762

National Export Rank

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

+553.85%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.29%

Contribution to Sub-Ch. 7226

Share of Sub-Chapter 7226 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72261920

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 #6585

Balance

−14.77

Exports

2.73 ₹ Cr

0.0001% share

YoY

3.08% of Sub-Ch. 7226

Imports

17.50 ₹ Cr

0.0005% share

YoY

2.08% of Sub-Ch. 7226

FY 2019-20 Exp. Rank #8811

Balance

−23.06

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−92.31% YoY

0.24% of Sub-Ch. 7226

Imports

23.27 ₹ Cr

0.0007% share

+32.97% YoY

4.19% of Sub-Ch. 7226

FY 2020-21

Balance

−30.55

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7226

Imports

30.55 ₹ Cr

0.0010% share

+31.28% YoY

5.80% of Sub-Ch. 7226

FY 2021-22 Exp. Rank #9420

Balance

−44.50

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.04% of Sub-Ch. 7226

Imports

44.63 ₹ Cr

0.0010% share

+46.09% YoY

4.49% of Sub-Ch. 7226

FY 2022-23 Exp. Rank #8243

Balance

−64.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+553.85% YoY

0.19% of Sub-Ch. 7226

Imports

64.86 ₹ Cr

0.0011% share

+45.33% YoY

3.91% of Sub-Ch. 7226

FY 2023-24 Exp. Rank #7880

Balance

−57.39

Exports

1.47 ₹ Cr

0.0000% share

+72.94% YoY

0.52% of Sub-Ch. 7226

Imports

58.86 ₹ Cr

0.0010% share

−9.25% YoY

3.27% of Sub-Ch. 7226

FY 2024-25 Exp. Rank #8762

Balance

−41.31

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−63.27% YoY

0.29% of Sub-Ch. 7226

Imports

41.85 ₹ Cr

0.0007% share

−28.90% YoY

2.42% of Sub-Ch. 7226

CAGR · 7-Year

Exports

−23.67% /yr

Imports

15.64% /yr

Consistently Deficit
Sub-Chapter 7226 total

reference, FY 2024-25

Export

₹185.18 Cr

Import

₹1,732.95 Cr

Trade Balance

−1,547.77

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

Key Trade Insights: HSN Code 72261920 Export-Import Analysis

Export Decline: −23.67% CAGR Over 7 Years

India's exports under HSN Code 72261920 have declined at a compound annual rate of −23.67% over 7 fiscal years, falling from ₹2.73 Crore in FY 2018-19 to ₹0.54 Crore in FY 2024-25.

HSN Code 72261920 Ranked #8762 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72261920 ranks #8762 out of 12657 HSN codes by total export value. Within Sub-Chapter 7226, it ranks #9 of 35. By trade surplus, it ranks #10097 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 72261920 Exports

The strongest single-year export movement for HSN Code 72261920 was recorded in FY 2022-23, when exports surged by 553.85% over the prior year.

India Records a Trade Deficit of ₹41.31 Crore in HSN Code 72261920 Goods

In FY 2024-25, India's imports of ₹41.85 Cr exceeded exports of ₹0.54 Cr, resulting in a trade deficit of ₹41.31 Crore — ranking #10097 of 12657 by surplus magnitude.

Import Growth of 15.64% CAGR Signals Rising Demand for Of silicon-electrical steel : Other : Cold rolled

India's imports under HSN Code 72261920 have grown at 15.64% CAGR, reaching ₹41.85 Crore in FY 2024-25.

HSN Code 72261920 Contributes 0.29% of Sub-Chapter 7226 Exports — Ranked #9

Among the 35 HSN codes under Sub-Chapter 7226, HSN Code 72261920 ranks #9 by export value — accounting for 0.29% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.42% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72261920 and GST compliance.

What products are classified under HSN 72261920 ?

It includes Of high speed steel : Hot-rolled : Other

Can we claim ITC on inputs used to trade Of silicon-electrical steel : Other : Cold rolled?

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 Of silicon-electrical steel : Other : Cold rolled?

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 Of silicon-electrical steel : Other : Cold rolled?

Under HSN 72261920, Of silicon-electrical steel : Other : Cold rolled attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Of silicon-electrical steel : Other : Cold rolled?

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

Do e‑way bill and e‑invoice apply for Of silicon-electrical steel : Other : Cold rolled?

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.

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.