--- title: "HSN Code for Of Silico-Manganese Steel | HSN 72272000 GST Rate" description: "Find HSN and GST Rates for 72272000 related to Of Silico-Manganese Steel with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72272000/" --- # HSN Code 72272000: Of Silico-Manganese Steel - [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 7227: Aluminum fittings](https://busy.in/hsn/sub-chapter-7227/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of silico-manganese steel | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72272000 ? It includes Other | Ball Bearing Quality ### How should mixed supplies be billed when Of Silico-Manganese Steel is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Silico-Manganese Steel; Nil for exempt items if applicable). ### Any common misclassification issue with Of Silico-Manganese Steel? 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 Of Silico-Manganese Steel? 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 Silico-Manganese Steel? Under HSN 72272000, Of Silico-Manganese Steel attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Of Silico-Manganese Steel? 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. ## India's trade performance: HSN Code 72272000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+11.11% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (−99.64% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4903 of 12657 HSN codes - Share of Sub-Chapter 7227: 0.21% of its exports; import side 0.01% - Rank within Sub-Chapter 7227: #3 of 9 by export value; import-side #6 ### Key metrics - Export CAGR: -32.42% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9000 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +66.45% in FY 2021-22 - Contribution to Sub-Ch. 7227: 0.21% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72272000 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. 7227 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7227 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 4.20 | 0.0002% | — | 3.27% | 29.19 | 0.0008% | — | 2.88% | −24.99 | #6089 | | FY 2019-20 | 2.03 | 0.0001% | −51.67% | 0.82% | 13.17 | 0.0004% | −54.88% | 4.09% | −11.14 | #6916 | | FY 2020-21 | 3.07 | 0.0001% | +51.23% | 0.78% | 13.98 | 0.0005% | +6.15% | 4.91% | −10.91 | #6533 | | FY 2021-22 | 5.11 | 0.0002% | +66.45% | 0.25% | 5.73 | 0.0001% | −59.01% | 2.27% | −0.62 | #6319 | | FY 2022-23 | 1.36 | 0.0000% | −73.39% | 0.67% | 7.53 | 0.0001% | +31.41% | 1.77% | −6.17 | #7831 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −73.53% | 0.22% | 5.56 | 0.0001% | −26.16% | 1.53% | −5.20 | #9058 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +11.11% | 0.21% | < ₹1 Crore | 0.0000% | −99.64% | 0.01% | +0.38 | #9000 | - CAGR (7-year): exports -32.42%/yr, imports -70.31%/yr (consistently Surplus) ## Key trade insights: HSN Code 72272000 export-import analysis ### Export decline: -32.42% CAGR over 7 years India's exports under HSN Code 72272000 have declined at a compound annual rate of -32.42% over 7 fiscal years, falling from ₹4.20 Crore in FY 2018-19 to ₹0.40 Crore in FY 2024-25. ### HSN Code 72272000 ranked #9000 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72272000 ranks #9000 out of 12657 HSN codes by total export value. Within Sub-Chapter 7227, it ranks #3 of 9. By trade surplus, it ranks #4903 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 72272000 exports The strongest single-year export movement for HSN Code 72272000 was recorded in FY 2021-22, when exports surged by 66.45% over the prior year. ### India maintains a trade surplus of ₹0.38 Crore in HSN Code 72272000 goods In FY 2024-25, India's exports of ₹0.40 Cr exceeded imports of ₹0.02 Cr, resulting in a trade surplus of ₹0.38 Crore — ranking #4903 of 12657 by surplus magnitude. ### Import growth of -70.31% CAGR signals stable import dependency for Of Silico-Manganese Steel India's imports under HSN Code 72272000 have grown at -70.31% CAGR, reaching ₹0.02 Crore in FY 2024-25. ### HSN Code 72272000 contributes 0.21% of Sub-Chapter 7227 exports — ranked #3 Among the 9 HSN codes under Sub-Chapter 7227, HSN Code 72272000 ranks #3 by export value — accounting for 0.21% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #6). ## Related HSN Codes in Sub-Chapter 7227 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 72279090: Other : Other](https://busy.in/hsn/hsn-72279090/) | ₹188 Cr | | #2 | [HSN Code 72279060: Other \| Sulphur Free Cutting Quality](https://busy.in/hsn/hsn-72279060/) | ₹1 Cr | | #3 | HSN Code 72272000: Of Silico-Manganese Steel (this hsn code) | < ₹1 Crore | | #4 | [HSN Code 72271000: Of High Speed Steel](https://busy.in/hsn/hsn-72271000/) | < ₹1 Crore | | #5 | [HSN Code 72279030: Other \| Ball Bearing Quality](https://busy.in/hsn/hsn-72279030/) | < ₹1 Crore | | #6 | [HSN Code 72279040: Other \| Cold Heading Quality](https://busy.in/hsn/hsn-72279040/) | < ₹1 Crore | | — | [HSN Code 72279010: Other \| Valve Spring Steel Quality](https://busy.in/hsn/hsn-72279010/) | Nil | | — | [HSN Code 72279020: Other \| Other Spring Steel Quality](https://busy.in/hsn/hsn-72279020/) | Nil | | — | [HSN Code 72279050: Other \| Lead-Free Cutting Quality](https://busy.in/hsn/hsn-72279050/) | Nil |