HSN Code 72262011: Of high speed steel : Hot-rolled : In coils

HSN Code 72262011 represents Of high speed steel : Hot-rolled : In coils under GST classification. This code helps businesses identify Of high speed steel : Hot-rolled : In coils correctly for billing, taxation, and trade. With HSN Code 72262011, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of high speed steel : Hot-rolled : In coils.

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Description of Goods for HSN Code 72262011

HSN Code 72262011 relates to the following description.

Description of Goods

Of high speed steel : Hot-rolled : In coils

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 72262011 not include?

Of high speed steel : Hot-rolled : In coils 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 72262011 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

+100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

−47.54% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹3 Cr

Trade Deficit

Surplus rank #8396 of 12657 HSN codes

% of Sub-Chapter 7226

FY 2024-25

0.03%

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

Import side: 0.19% of Sub-Chapter 7226’s imports

Rank Within Sub-Chapter 7226

FY 2024-25

#15 of 35

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

Import-side rank: #14 of 35

At a glance

−30.23%

Export CAGR

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

#9965

National Export Rank

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

+100.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.03%

Contribution to Sub-Ch. 7226

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

India Export-Import Trade Statistics for HSN Code 72262011

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 #8156

Balance

−9.52

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.59% of Sub-Ch. 7226

Imports

10.04 ₹ Cr

0.0003% share

YoY

1.19% of Sub-Ch. 7226

FY 2019-20

Balance

−5.78

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7226

Imports

5.78 ₹ Cr

0.0002% share

−42.43% YoY

1.04% of Sub-Ch. 7226

FY 2020-21

Balance

−3.09

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7226

Imports

3.09 ₹ Cr

0.0001% share

−46.54% YoY

0.59% of Sub-Ch. 7226

FY 2021-22 Exp. Rank #4377

Balance

+19.63

Exports

23.64 ₹ Cr

0.0008% share

YoY

7.97% of Sub-Ch. 7226

Imports

4.01 ₹ Cr

0.0001% share

+29.77% YoY

0.40% of Sub-Ch. 7226

FY 2022-23 Exp. Rank #5866

Balance

+4.72

Exports

8.31 ₹ Cr

0.0002% share

−64.85% YoY

1.83% of Sub-Ch. 7226

Imports

3.59 ₹ Cr

0.0001% share

−10.47% YoY

0.22% of Sub-Ch. 7226

FY 2023-24 Exp. Rank #10223

Balance

−6.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.64% YoY

0.01% of Sub-Ch. 7226

Imports

6.29 ₹ Cr

0.0001% share

+75.21% YoY

0.35% of Sub-Ch. 7226

FY 2024-25 Exp. Rank #9965

Balance

−3.24

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

0.03% of Sub-Ch. 7226

Imports

3.30 ₹ Cr

0.0001% share

−47.54% YoY

0.19% of Sub-Ch. 7226

CAGR · 7-Year

Exports

−30.23% /yr

Imports

−16.93% /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 72262011 Export-Import Analysis

Export Decline: −30.23% CAGR Over 7 Years

India's exports under HSN Code 72262011 have declined at a compound annual rate of −30.23% over 7 fiscal years, falling from ₹0.52 Crore in FY 2018-19 to ₹0.06 Crore in FY 2024-25.

HSN Code 72262011 Ranked #9965 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72262011 ranks #9965 out of 12657 HSN codes by total export value. Within Sub-Chapter 7226, it ranks #15 of 35. By trade surplus, it ranks #8396 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 72262011 Exports

The strongest single-year export movement for HSN Code 72262011 was recorded in FY 2024-25, when exports surged by 100.00% over the prior year.

India Records a Trade Deficit of ₹3.24 Crore in HSN Code 72262011 Goods

In FY 2024-25, India's imports of ₹3.30 Cr exceeded exports of ₹0.06 Cr, resulting in a trade deficit of ₹3.24 Crore — ranking #8396 of 12657 by surplus magnitude.

Import Growth of −16.93% CAGR Signals Stable Import Dependency for Of high speed steel : Hot-rolled : In coils

India's imports under HSN Code 72262011 have grown at −16.93% CAGR, reaching ₹3.30 Crore in FY 2024-25.

HSN Code 72262011 Contributes 0.03% of Sub-Chapter 7226 Exports — Ranked #15

Among the 35 HSN codes under Sub-Chapter 7226, HSN Code 72262011 ranks #15 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.19% share (rank #14).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72262011 and GST compliance.

What products are classified under HSN 72262011 ?

It includes High-speed steel: Cold-rolled

Do e‑way bill and e‑invoice apply for Of high speed steel : Hot-rolled : In coils?

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 much GST applies to Of high speed steel : Hot-rolled : In coils?

Under HSN 72262011, Of high speed steel : Hot-rolled : In coils attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Of high speed steel : Hot-rolled : In coils?

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.

Any common misclassification issue with Of high speed steel : Hot-rolled : In coils?

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

How should mixed supplies be billed when Of high speed steel : Hot-rolled : In coils is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of high speed steel : Hot-rolled : In coils; 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.