HSN Code 72261990: Of silicon-electrical steel : Other : Other

HSN Code 72261990 represents Of silicon-electrical steel : Other : Other under GST classification. This code helps businesses identify Of silicon-electrical steel : Other : Other correctly for billing, taxation, and trade. With HSN Code 72261990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of silicon-electrical steel : Other : Other.

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Description of Goods for HSN Code 72261990

HSN Code 72261990 relates to the following description.

Description of Goods

Of silicon-electrical steel : Other : Other

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 72261990 not include?

Of silicon-electrical steel : Other : Other 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 72261990 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

−98.91% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹12 Cr

+13.63% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹12 Cr

Trade Deficit

Surplus rank #9163 of 12657 HSN codes

% of Sub-Chapter 7226

FY 2024-25

0.04%

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

Import side: 0.67% of Sub-Chapter 7226’s imports

Rank Within Sub-Chapter 7226

FY 2024-25

#13 of 35

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

Import-side rank: #11 of 35

At a glance

−49.41%

Export CAGR

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

#9843

National Export Rank

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

+85.74%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.04%

Contribution to Sub-Ch. 7226

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

India Export-Import Trade Statistics for HSN Code 72261990

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 #5919

Balance

−13.85

Exports

4.77 ₹ Cr

0.0002% share

YoY

5.39% of Sub-Ch. 7226

Imports

18.62 ₹ Cr

0.0005% share

YoY

2.21% of Sub-Ch. 7226

FY 2019-20 Exp. Rank #5172

Balance

−12.49

Exports

8.86 ₹ Cr

0.0004% share

+85.74% YoY

10.32% of Sub-Ch. 7226

Imports

21.35 ₹ Cr

0.0006% share

+14.66% YoY

3.84% of Sub-Ch. 7226

FY 2020-21 Exp. Rank #5731

Balance

−7.98

Exports

5.90 ₹ Cr

0.0003% share

−33.41% YoY

6.03% of Sub-Ch. 7226

Imports

13.88 ₹ Cr

0.0005% share

−34.99% YoY

2.63% of Sub-Ch. 7226

FY 2021-22 Exp. Rank #5562

Balance

−10.88

Exports

9.47 ₹ Cr

0.0003% share

+60.51% YoY

3.19% of Sub-Ch. 7226

Imports

20.35 ₹ Cr

0.0004% share

+46.61% YoY

2.05% of Sub-Ch. 7226

FY 2022-23 Exp. Rank #5176

Balance

−6.13

Exports

13.95 ₹ Cr

0.0004% share

+47.31% YoY

3.07% of Sub-Ch. 7226

Imports

20.08 ₹ Cr

0.0003% share

−1.33% YoY

1.21% of Sub-Ch. 7226

FY 2023-24 Exp. Rank #6100

Balance

−2.86

Exports

7.34 ₹ Cr

0.0002% share

−47.38% YoY

2.61% of Sub-Ch. 7226

Imports

10.20 ₹ Cr

0.0002% share

−49.20% YoY

0.57% of Sub-Ch. 7226

FY 2024-25 Exp. Rank #9843

Balance

−11.51

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−98.91% YoY

0.04% of Sub-Ch. 7226

Imports

11.59 ₹ Cr

0.0002% share

+13.63% YoY

0.67% of Sub-Ch. 7226

CAGR · 7-Year

Exports

−49.41% /yr

Imports

−7.60% /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 72261990 Export-Import Analysis

Export Decline: −49.41% CAGR Over 7 Years

India's exports under HSN Code 72261990 have declined at a compound annual rate of −49.41% over 7 fiscal years, falling from ₹4.77 Crore in FY 2018-19 to ₹0.08 Crore in FY 2024-25.

HSN Code 72261990 Ranked #9843 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72261990 ranks #9843 out of 12657 HSN codes by total export value. Within Sub-Chapter 7226, it ranks #13 of 35. By trade surplus, it ranks #9163 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 72261990 Exports

The strongest single-year export movement for HSN Code 72261990 was recorded in FY 2019-20, when exports surged by 85.74% over the prior year.

India Records a Trade Deficit of ₹11.51 Crore in HSN Code 72261990 Goods

In FY 2024-25, India's imports of ₹11.59 Cr exceeded exports of ₹0.08 Cr, resulting in a trade deficit of ₹11.51 Crore — ranking #9163 of 12657 by surplus magnitude.

Import Growth of −7.60% CAGR Signals Stable Import Dependency for Of silicon-electrical steel : Other : Other

India's imports under HSN Code 72261990 have grown at −7.60% CAGR, reaching ₹11.59 Crore in FY 2024-25.

HSN Code 72261990 Contributes 0.04% of Sub-Chapter 7226 Exports — Ranked #13

Among the 35 HSN codes under Sub-Chapter 7226, HSN Code 72261990 ranks #13 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.67% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72261990 and GST compliance.

What products are classified under HSN 72261990 ?

It includes Of high speed steel : Cold-rolled : In coils

How much GST applies to Of silicon-electrical steel : Other : Other?

Under HSN 72261990, Of silicon-electrical steel : Other : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Of silicon-electrical steel : Other : Other?

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.

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

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.

How should mixed supplies be billed when Of silicon-electrical steel : Other : Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of silicon-electrical steel : Other : Other; Nil for exempt items if applicable).

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

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

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.