HSN Code 72262022: High-speed steel: Cold-rolled

HSN Code 72262022 represents High-speed steel: Cold-rolled under GST classification. This code helps businesses identify High-speed steel: Cold-rolled correctly for billing, taxation, and trade. With HSN Code 72262022, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of High-speed steel: Cold-rolled.

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Description of Goods for HSN Code 72262022

HSN Code 72262022 relates to the following description.

Description of Goods

Of high speed steel : Cold-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 72262022 not include?

High-speed steel: 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 72262022 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−38.46% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7727 of 12657 HSN codes

% of Sub-Chapter 7226

FY 2024-25

0.00%

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

Import side: 0.03% of Sub-Chapter 7226’s imports

At a glance

+2,803.57%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.00%

Contribution to Sub-Ch. 7226

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

India Export-Import Trade Statistics for HSN Code 72262022

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

−0.36

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7226

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.04% of Sub-Ch. 7226

FY 2019-20 Exp. Rank #9717

Balance

−0.37

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 7226

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+8.33% YoY

0.07% of Sub-Ch. 7226

FY 2020-21 Exp. Rank #9985

Balance

−0.69

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.01% of Sub-Ch. 7226

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+79.49% YoY

0.13% of Sub-Ch. 7226

FY 2021-22 Exp. Rank #9306

Balance

−1.12

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+1,500.00% YoY

0.05% of Sub-Ch. 7226

Imports

1.28 ₹ Cr

0.0000% share

+82.86% YoY

0.13% of Sub-Ch. 7226

FY 2022-23 Exp. Rank #9085

Balance

−1.06

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+75.00% YoY

0.06% of Sub-Ch. 7226

Imports

1.34 ₹ Cr

0.0000% share

+4.69% YoY

0.08% of Sub-Ch. 7226

FY 2023-24 Exp. Rank #5998

Balance

+7.22

Exports

8.13 ₹ Cr

0.0002% share

+2,803.57% YoY

2.89% of Sub-Ch. 7226

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−32.09% YoY

0.05% of Sub-Ch. 7226

FY 2024-25

Balance

−0.56

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7226

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−38.46% YoY

0.03% of Sub-Ch. 7226

CAGR · 7-Year

Exports

Imports

7.64% /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 72262022 Export-Import Analysis

Export Snapshot for HSN Code 72262022

India exported ₹0.00 Crore worth of High-speed steel: Cold-rolled in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2023-24 Was the Strongest Growth Year for HSN Code 72262022 Exports

The strongest single-year export movement for HSN Code 72262022 was recorded in FY 2023-24, when exports surged by 2,803.57% over the prior year.

India Records a Trade Deficit of ₹0.56 Crore in HSN Code 72262022 Goods

In FY 2024-25, India's imports of ₹0.56 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.56 Crore — ranking #7727 of 12657 by surplus magnitude.

Import Growth of 7.64% CAGR Signals Stable Import Dependency for High-speed steel: Cold-rolled

India's imports under HSN Code 72262022 have grown at 7.64% CAGR, reaching ₹0.56 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72262022 and GST compliance.

What products are classified under HSN 72262022 ?

It includes Lead Flat-Rolled Products

Do e‑way bill and e‑invoice apply for High-speed steel: 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.

Does packaging or labelling change the GST for High-speed steel: 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 should mixed supplies be billed when High-speed steel: Cold-rolled is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for High-speed steel: Cold-rolled; Nil for exempt items if applicable).

Any common misclassification issue with High-speed steel: 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.

Can we claim ITC on inputs used to trade High-speed steel: 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.

How much GST applies to High-speed steel: Cold-rolled?

Under HSN 72262022, High-speed steel: Cold-rolled attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.