---
title: "HSN Code for Of high speed steel : Hoops and strips | HSN 72262030 GST Rate"
description: "Find HSN and GST Rates for 72262030 related to Of high speed steel : Hoops and strips with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72262030/"
---

# HSN Code 72262030: Of high speed steel : Hoops and strips

- [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/)
- [Chapter 72: Iron & Steel](https://busy.in/hsn/chapter-72/)
- [Sub-chapter 7226: Hot-rolled alloy steel](https://busy.in/hsn/sub-chapter-7226/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Of high speed steel : Hoops and strips | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72262030 ?

It includes Other High Tensile Hot-Rolled Steel (>4.75mm)

### Do e‑way bill and e‑invoice apply for Of high speed steel : Hoops and strips?

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 : Hoops and strips?

Under HSN 72262030, Of high speed steel : Hoops and strips 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 : Hoops and strips?

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 : Hoops and strips?

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 : Hoops and strips 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 : Hoops and strips; Nil for exempt items if applicable).

## India's trade performance: HSN Code 72262030 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore — 0.0000% of India's total exports
- Imports: Nil — 0.0000% of India's total imports
- Trade balance: < ₹1 Crore (Surplus); surplus rank #5380 of 12657 HSN codes
- Share of Sub-Chapter 7226: 0.03% of its exports; import side 0.00%
- Rank within Sub-Chapter 7226: #16 of 35 by export value

### Key metrics

- National export rank: #10034 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +33.33% in FY 2020-21
- Contribution to Sub-Ch. 7226: 0.03% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72262030

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7226 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7226 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.05% | −0.42 | — |
| FY 2019-20 | < ₹1 Crore | 0.0000% | — | 0.03% | Nil | 0.0000% | −100.00% | 0.00% | +0.03 | #9613 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | +33.33% | 0.04% | < ₹1 Crore | 0.0000% | — | 0.04% | −0.15 | #9622 |
| FY 2021-22 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | −63.16% | 0.01% | −0.07 | — |
| FY 2022-23 | < ₹1 Crore | 0.0000% | — | 0.01% | Nil | 0.0000% | −100.00% | 0.00% | +0.03 | #10045 |
| FY 2023-24 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — |
| FY 2024-25 | < ₹1 Crore | 0.0000% | — | 0.03% | Nil | 0.0000% | — | 0.00% | +0.05 | #10034 |

## Key trade insights: HSN Code 72262030 export-import analysis

### Export snapshot for HSN Code 72262030

India exported ₹0.05 Crore worth of Of high speed steel : Hoops and strips in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

### HSN Code 72262030 ranked #10034 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72262030 ranks #10034 out of 12657 HSN codes by total export value. Within Sub-Chapter 7226, it ranks #16 of 35. By trade surplus, it ranks #5380 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 72262030 exports

The strongest single-year export movement for HSN Code 72262030 was recorded in FY 2020-21, when exports surged by 33.33% over the prior year.

### India maintains a trade surplus of ₹0.05 Crore in HSN Code 72262030 goods

In FY 2024-25, India's exports of ₹0.05 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.05 Crore — ranking #5380 of 12657 by surplus magnitude.

### HSN Code 72262030 contributes 0.03% of Sub-Chapter 7226 exports — ranked #16

Among the 35 HSN codes under Sub-Chapter 7226, HSN Code 72262030 ranks #16 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

## Related HSN Codes in Sub-Chapter 7226

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 72261100: Of silicon-electrical steel : Grain-oriented](https://busy.in/hsn/hsn-72261100/) | ₹120 Cr |
| #2 | [HSN Code 72269210: Other Cold-Rolled Steel (<3mm)](https://busy.in/hsn/hsn-72269210/) | ₹34 Cr |
| #3 | [HSN Code 72269990: Flat-rolled alloy steel (<600 mm width) \| Other](https://busy.in/hsn/hsn-72269990/) | ₹25 Cr |
| #4 | [HSN Code 72261910: Of silicon-electrical steel : Other : Hot rolled](https://busy.in/hsn/hsn-72261910/) | ₹1 Cr |
| #5 | [HSN Code 72269973: Zinc-coated galvannealed](https://busy.in/hsn/hsn-72269973/) | ₹1 Cr |
| #6 | [HSN Code 72269979: Zinc plated or coated steel](https://busy.in/hsn/hsn-72269979/) | < ₹1 Crore |
| #7 | [HSN Code 72269952: Other : Other : Hoops and strips : Cold rolled](https://busy.in/hsn/hsn-72269952/) | < ₹1 Crore |
| #8 | [HSN Code 72269190: Other: Not further worked than hot-rolled: Other](https://busy.in/hsn/hsn-72269190/) | < ₹1 Crore |
| #9 | [HSN Code 72261920: Of silicon-electrical steel : Other : Cold rolled](https://busy.in/hsn/hsn-72261920/) | < ₹1 Crore |
| #10 | [HSN Code 72269910: Other: Other : Of a thickness of above 4.75 mm](https://busy.in/hsn/hsn-72269910/) | < ₹1 Crore |
| #16 | HSN Code 72262030: Of high speed steel : Hoops and strips (this hsn code) | < ₹1 Crore |