HSN Code 72262012: Of high speed steel : Hot-rolled : Other

HSN Code 72262012 represents Of high speed steel : Hot-rolled : Other under GST classification. This code helps businesses identify Of high speed steel : Hot-rolled : Other correctly for billing, taxation, and trade. With HSN Code 72262012, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of high speed steel : Hot-rolled : Other.

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Description of Goods for HSN Code 72262012

HSN Code 72262012 relates to the following description.

Description of Goods

Of high speed steel : Hot-rolled : 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 72262012 not include?

Of high speed steel : Hot-rolled : 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 72262012 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

+550.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹14 Cr

+71.77% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹13 Cr

Trade Deficit

Surplus rank #9277 of 12657 HSN codes

% of Sub-Chapter 7226

FY 2024-25

0.07%

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

Import side: 0.78% of Sub-Chapter 7226’s imports

Rank Within Sub-Chapter 7226

FY 2024-25

#11 of 35

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

Import-side rank: #10 of 35

At a glance

#9637

National Export Rank

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

+550.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.07%

Contribution to Sub-Ch. 7226

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

India Export-Import Trade Statistics for HSN Code 72262012

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

Balance

−4.83

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7226

Imports

4.83 ₹ Cr

0.0001% share

YoY

0.57% of Sub-Ch. 7226

FY 2019-20 Exp. Rank #9717

Balance

−3.86

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 7226

Imports

3.88 ₹ Cr

0.0001% share

−19.67% YoY

0.70% of Sub-Ch. 7226

FY 2020-21

Balance

−4.19

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7226

Imports

4.19 ₹ Cr

0.0001% share

+7.99% YoY

0.80% of Sub-Ch. 7226

FY 2021-22 Exp. Rank #10058

Balance

−5.17

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 7226

Imports

5.19 ₹ Cr

0.0001% share

+23.87% YoY

0.52% of Sub-Ch. 7226

FY 2022-23 Exp. Rank #10292

Balance

−6.52

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.00% of Sub-Ch. 7226

Imports

6.53 ₹ Cr

0.0001% share

+25.82% YoY

0.39% of Sub-Ch. 7226

FY 2023-24 Exp. Rank #10338

Balance

−7.88

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

0.01% of Sub-Ch. 7226

Imports

7.90 ₹ Cr

0.0001% share

+20.98% YoY

0.44% of Sub-Ch. 7226

FY 2024-25 Exp. Rank #9637

Balance

−13.44

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+550.00% YoY

0.07% of Sub-Ch. 7226

Imports

13.57 ₹ Cr

0.0002% share

+71.77% YoY

0.78% of Sub-Ch. 7226

CAGR · 7-Year

Exports

Imports

18.79% /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 72262012 Export-Import Analysis

Export Snapshot for HSN Code 72262012

India exported ₹0.13 Crore worth of Of high speed steel : Hot-rolled : Other in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 72262012 Ranked #9637 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72262012 ranks #9637 out of 12657 HSN codes by total export value. Within Sub-Chapter 7226, it ranks #11 of 35. By trade surplus, it ranks #9277 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 72262012 Exports

The strongest single-year export movement for HSN Code 72262012 was recorded in FY 2024-25, when exports surged by 550.00% over the prior year.

India Records a Trade Deficit of ₹13.44 Crore in HSN Code 72262012 Goods

In FY 2024-25, India's imports of ₹13.57 Cr exceeded exports of ₹0.13 Cr, resulting in a trade deficit of ₹13.44 Crore — ranking #9277 of 12657 by surplus magnitude.

Import Growth of 18.79% CAGR Signals Rising Demand for Of high speed steel : Hot-rolled : Other

India's imports under HSN Code 72262012 have grown at 18.79% CAGR, reaching ₹13.57 Crore in FY 2024-25.

HSN Code 72262012 Contributes 0.07% of Sub-Chapter 7226 Exports — Ranked #11

Among the 35 HSN codes under Sub-Chapter 7226, HSN Code 72262012 ranks #11 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.78% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72262012 and GST compliance.

What products are classified under HSN 72262012 ?

It includes Of high speed steel : Hoops and strips

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

Can we claim ITC on inputs used to trade Of high speed steel : Hot-rolled : Other?

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 Of high speed steel : Hot-rolled : Other?

Under HSN 72262012, Of high speed steel : Hot-rolled : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Of high speed steel : Hot-rolled : Other 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 : Other; Nil for exempt items if applicable).

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

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.