HSN Code 72272000: Of Silico-Manganese Steel

HSN Code 72272000 represents Of Silico-Manganese Steel under GST classification. This code helps businesses identify Of Silico-Manganese Steel correctly for billing, taxation, and trade. With HSN Code 72272000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Silico-Manganese Steel.

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Description of Goods for HSN Code 72272000

HSN Code 72272000 relates to the following description.

Description of Goods

Of silico-manganese 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 72272000 not include?

Of Silico-Manganese Steel does not include products with the following descriptions.

India’s Trade Performance — HSN Code 72272000 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

+11.11% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−99.64% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4903 of 12657 HSN codes

% of Sub-Chapter 7227

FY 2024-25

0.21%

Share of Sub-Chapter 7227’s total exports in FY 2024-25

Import side: 0.01% of Sub-Chapter 7227’s imports

Rank Within Sub-Chapter 7227

FY 2024-25

#3 of 9

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

Import-side rank: #6 of 9

At a glance

−32.42%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#9000

National Export Rank

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

+66.45%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.21%

Contribution to Sub-Ch. 7227

Share of Sub-Chapter 7227 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #6089

Balance

−24.99

Exports

4.20 ₹ Cr

0.0002% share

— YoY

3.27% of Sub-Ch. 7227

Imports

29.19 ₹ Cr

0.0008% share

— YoY

2.88% of Sub-Ch. 7227

FY 2019-20 Exp. Rank #6916

Balance

−11.14

Exports

2.03 ₹ Cr

0.0001% share

−51.67% YoY

0.82% of Sub-Ch. 7227

Imports

13.17 ₹ Cr

0.0004% share

−54.88% YoY

4.09% of Sub-Ch. 7227

FY 2020-21 Exp. Rank #6533

Balance

−10.91

Exports

3.07 ₹ Cr

0.0001% share

+51.23% YoY

0.78% of Sub-Ch. 7227

Imports

13.98 ₹ Cr

0.0005% share

+6.15% YoY

4.91% of Sub-Ch. 7227

FY 2021-22 Exp. Rank #6319

Balance

−0.62

Exports

5.11 ₹ Cr

0.0002% share

+66.45% YoY

0.25% of Sub-Ch. 7227

Imports

5.73 ₹ Cr

0.0001% share

−59.01% YoY

2.27% of Sub-Ch. 7227

FY 2022-23 Exp. Rank #7831

Balance

−6.17

Exports

1.36 ₹ Cr

0.0000% share

−73.39% YoY

0.67% of Sub-Ch. 7227

Imports

7.53 ₹ Cr

0.0001% share

+31.41% YoY

1.77% of Sub-Ch. 7227

FY 2023-24 Exp. Rank #9058

Balance

−5.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−73.53% YoY

0.22% of Sub-Ch. 7227

Imports

5.56 ₹ Cr

0.0001% share

−26.16% YoY

1.53% of Sub-Ch. 7227

FY 2024-25 Exp. Rank #9000

Balance

+0.38

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+11.11% YoY

0.21% of Sub-Ch. 7227

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−99.64% YoY

0.01% of Sub-Ch. 7227

CAGR · 7-Year

Exports

−32.42% /yr

Imports

−70.31% /yr

Consistently Surplus
Sub-Chapter 7227 total

reference, FY 2024-25

Export

₹190.31 Cr

Import

₹367.23 Cr

Trade Balance

−176.92

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72272000 and GST compliance.

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.

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.