--- title: "HSN Code for Other | Valve Spring Steel Quality | HSN 72279010 GST Rate" description: "Find HSN and GST Rates for 72279010 related to Other | Valve Spring Steel Quality with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72279010/" --- # HSN Code 72279010: Other | Valve Spring Steel Quality - [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 | | --- | --- | --- | --- | --- | | Other : Valve spring steel quality | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72279010 ? It includes Other | Cold Heading Quality ### Does packaging or labelling change the GST for Other / Valve Spring Steel Quality? 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. ### Can we claim ITC on inputs used to trade Other / Valve Spring Steel Quality? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Other / Valve Spring Steel Quality is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Valve Spring Steel Quality; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Other / Valve Spring Steel Quality? 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. ### Any common misclassification issue with Other / Valve Spring Steel Quality? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 72279010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil (−100.00% YoY) — 0.0000% of India's total exports - Imports: ₹86 Cr (+30.79% YoY) — 0.0014% of India's total imports - Trade balance: −₹86 Cr (Deficit); surplus rank #10684 of 12657 HSN codes - Share of Sub-Chapter 7227: 0.00% of its exports; import side 23.42% ### Key metrics - Peak growth year: +187.50% in FY 2021-22 - Contribution to Sub-Ch. 7227: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72279010 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 | < ₹1 Crore | 0.0000% | — | 0.46% | 1.70 | 0.0000% | — | 0.17% | −1.11 | #8061 | | FY 2019-20 | 1.34 | 0.0001% | +127.12% | 0.54% | 8.99 | 0.0003% | +428.82% | 2.79% | −7.65 | #7320 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −46.27% | 0.18% | 24.67 | 0.0008% | +174.42% | 8.67% | −23.95 | #7940 | | FY 2021-22 | 2.07 | 0.0001% | +187.50% | 0.10% | 42.71 | 0.0009% | +73.13% | 16.94% | −40.64 | #7281 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −85.51% | 0.15% | 69.48 | 0.0012% | +62.68% | 16.33% | −69.18 | #9050 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −20.00% | 0.15% | 65.77 | 0.0012% | −5.34% | 18.04% | −65.53 | #9327 | | FY 2024-25 | Nil | 0.0000% | −100.00% | 0.00% | 86.02 | 0.0014% | +30.79% | 23.42% | −86.02 | — | - CAGR (7-year): exports —/yr, imports 92.32%/yr (consistently Deficit) ## Key trade insights: HSN Code 72279010 export-import analysis ### Export snapshot for HSN Code 72279010 India exported ₹0.00 Crore worth of Other | Valve Spring Steel Quality in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### FY 2021-22 was the strongest growth year for HSN Code 72279010 exports The strongest single-year export movement for HSN Code 72279010 was recorded in FY 2021-22, when exports surged by 187.50% over the prior year. ### India records a trade deficit of ₹86.02 Crore in HSN Code 72279010 goods In FY 2024-25, India's imports of ₹86.02 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹86.02 Crore — ranking #10684 of 12657 by surplus magnitude. ### Import growth of 92.32% CAGR signals rising demand for Other | Valve Spring Steel Quality India's imports under HSN Code 72279010 have grown at 92.32% CAGR, reaching ₹86.02 Crore in FY 2024-25. ## 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](https://busy.in/hsn/hsn-72272000/) | < ₹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 (this hsn code) | 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 |