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HSN Code 72271000: Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound Coils

HSN Code 72271000 represents Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound Coils under GST classification. This code helps businesses identify Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound Coils correctly for billing, taxation, and trade. With HSN Code 72271000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound Coils.

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Description of Goods for HSN Code 72271000

HSN Code 72271000 relates to the following description.

Description of Goods

Of high speed steel

Chapter

72 - Iron and steel

Sub Chapter

7227 - Bars and rods, hot-rolled, in irregularly wound coils, of other alloy steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72271000 not include?

Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound Coils does not include products with the following descriptions.

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India’s Trade Performance — HSN Code 72271000 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

< ₹1 Crore

+91.67% vs FY 2024-25

0.0000% of India’s total exports

India’s Imports

FY 2025-26

₹9 Cr

−29.75% vs FY 2024-25

0.0001% of India’s total imports

Trade Balance

FY 2025-26

−₹9 Cr

Trade Deficit

Surplus rank #9051 of 12872 HSN codes

% of Sub-Chapter 7227

FY 2025-26

0.16%

Share of Sub-Chapter 7227’s total exports in FY 2025-26

Import side: 2.18% of Sub-Chapter 7227’s imports

Rank Within Sub-Chapter 7227

FY 2025-26

#4 of 9

Position by export value among HSN codes in Sub-Chapter 7227

Import-side rank: #4 of 9

At a glance

56.51%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#9459

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+2,500.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.16%

Contribution to Sub-Ch. 7227

Share of Sub-Chapter 7227 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 72271000

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #9921

Balance

−4.48

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 7227

Imports

4.49 ₹ Cr

0.0001% share

— YoY

0.44% of Sub-Ch. 7227

FY 2019-20 Exp. Rank #8661

Balance

−7.17

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+2,500.00% YoY

0.11% of Sub-Ch. 7227

Imports

7.43 ₹ Cr

0.0002% share

+65.48% YoY

2.31% of Sub-Ch. 7227

FY 2020-21 Exp. Rank #9622

Balance

−6.09

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−84.62% YoY

0.01% of Sub-Ch. 7227

Imports

6.13 ₹ Cr

0.0002% share

−17.50% YoY

2.15% of Sub-Ch. 7227

FY 2021-22 Exp. Rank #8368

Balance

−12.66

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+1,550.00% YoY

0.03% of Sub-Ch. 7227

Imports

13.32 ₹ Cr

0.0003% share

+117.29% YoY

5.28% of Sub-Ch. 7227

FY 2022-23 Exp. Rank #9835

Balance

−3.21

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−90.91% YoY

0.03% of Sub-Ch. 7227

Imports

3.27 ₹ Cr

0.0001% share

−75.45% YoY

0.77% of Sub-Ch. 7227

FY 2023-24 Exp. Rank #9881

Balance

−4.84

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+33.33% YoY

0.05% of Sub-Ch. 7227

Imports

4.92 ₹ Cr

0.0001% share

+50.46% YoY

1.35% of Sub-Ch. 7227

FY 2024-25 Exp. Rank #9672

Balance

−12.89

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+50.00% YoY

0.06% of Sub-Ch. 7227

Imports

13.01 ₹ Cr

0.0002% share

+164.43% YoY

3.54% of Sub-Ch. 7227

FY 2025-26 Exp. Rank #9459

Balance

−8.91

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+91.67% YoY

0.16% of Sub-Ch. 7227

Imports

9.14 ₹ Cr

0.0001% share

−29.75% YoY

2.18% of Sub-Ch. 7227

CAGR · 8-Year

Exports

56.51% /yr

Imports

10.69% /yr

Consistently Deficit
Sub-Chapter 7227 total

reference, FY 2025-26

Export

₹143.97 Cr

Import

₹418.88 Cr

Trade Balance

−274.91

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72271000 Export-Import Analysis

Consistent Export Growth: 56.51% CAGR Over 8 Years

India's exports under HSN Code 72271000 have grown at a compound annual rate of 56.51% over 8 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.23 Crore in FY 2025-26.

HSN Code 72271000 Ranked #9459 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72271000 ranks #9459 out of 12872 HSN codes by total export value. Within Sub-Chapter 7227, it ranks #4 of 9. By trade surplus, it ranks #9051 of 12872.

FY 2019-20 Was the Strongest Growth Year for HSN Code 72271000 Exports

The strongest single-year export movement for HSN Code 72271000 was recorded in FY 2019-20, when exports surged by 2,500.00% over the prior year.

India Records a Trade Deficit of ₹8.91 Crore in HSN Code 72271000 Goods

In FY 2025-26, India's imports of ₹9.14 Cr exceeded exports of ₹0.23 Cr, resulting in a trade deficit of ₹8.91 Crore — ranking #9051 of 12872 by surplus magnitude.

Import Growth of 10.69% CAGR Signals Rising Demand for Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound Coils

India's imports under HSN Code 72271000 have grown at 10.69% CAGR, reaching ₹9.14 Crore in FY 2025-26.

HSN Code 72271000 Contributes 0.16% of Sub-Chapter 7227 Exports — Ranked #4

Among the 9 HSN codes under Sub-Chapter 7227, HSN Code 72271000 ranks #4 by export value — accounting for 0.16% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 2.18% share (rank #4).

Frequently Asked Questions

Clear answers to common queries about HSN Code 72271000 and GST compliance.

What products are classified under HSN 72271000 ?

It includes Other | Other Spring Steel Quality

Does packaging or labelling change the GST for Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound 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.

Do e‑way bill and e‑invoice apply for Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound 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 should mixed supplies be billed when Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound Coils is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound Coils; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound Coils?

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 Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound Coils?

Under HSN 72271000, Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound Coils attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Hot-Rolled High-Speed Steel Bars and Rods in Irregularly Wound Coils?

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

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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.