HSN Code 72279030: Other | Ball Bearing Quality

HSN Code 72279030 represents Other | Ball Bearing Quality under GST classification. This code helps businesses identify Other | Ball Bearing Quality correctly for billing, taxation, and trade. With HSN Code 72279030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Ball Bearing Quality.

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Description of Goods for HSN Code 72279030

HSN Code 72279030 relates to the following description.

Description of Goods

Other : Ball bearing quality

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 72279030 not include?

Other | Ball Bearing Quality does not include products with the following descriptions.

India’s Trade Performance — HSN Code 72279030 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

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7525 of 12657 HSN codes

% of Sub-Chapter 7227

FY 2024-25

0.04%

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

Import side: 0.09% of Sub-Chapter 7227’s imports

Rank Within Sub-Chapter 7227

FY 2024-25

#5 of 9

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

Import-side rank: #5 of 9

At a glance

#9908

National Export Rank

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

+100.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.04%

Contribution to Sub-Ch. 7227

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

India Export-Import Trade Statistics for HSN Code 72279030

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

Balance

−9.51

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7227

Imports

9.51 ₹ Cr

0.0003% share

— YoY

0.94% of Sub-Ch. 7227

FY 2019-20 Exp. Rank #8749

Balance

−5.80

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.09% of Sub-Ch. 7227

Imports

6.03 ₹ Cr

0.0002% share

−36.59% YoY

1.87% of Sub-Ch. 7227

FY 2020-21

Balance

−2.66

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7227

Imports

2.66 ₹ Cr

0.0001% share

−55.89% YoY

0.93% of Sub-Ch. 7227

FY 2021-22 Exp. Rank #10198

Balance

−1.89

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7227

Imports

1.90 ₹ Cr

0.0000% share

−28.57% YoY

0.75% of Sub-Ch. 7227

FY 2022-23 Exp. Rank #10152

Balance

−0.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

0.01% of Sub-Ch. 7227

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−96.32% YoY

0.02% of Sub-Ch. 7227

FY 2023-24

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7227

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7227

FY 2024-25 Exp. Rank #9908

Balance

−0.25

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.04% of Sub-Ch. 7227

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.09% of Sub-Ch. 7227

CAGR · 7-Year

Exports

—

Imports

−43.18% /yr

Consistently Deficit
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 72279030 Export-Import Analysis

Export Snapshot for HSN Code 72279030

India exported ₹0.07 Crore worth of Other | Ball Bearing Quality in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 72279030 Ranked #9908 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72279030 ranks #9908 out of 12657 HSN codes by total export value. Within Sub-Chapter 7227, it ranks #5 of 9. By trade surplus, it ranks #7525 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 72279030 Exports

The strongest single-year export movement for HSN Code 72279030 was recorded in FY 2022-23, when exports surged by 100.00% over the prior year.

India Records a Trade Deficit of ₹0.25 Crore in HSN Code 72279030 Goods

In FY 2024-25, India's imports of ₹0.32 Cr exceeded exports of ₹0.07 Cr, resulting in a trade deficit of ₹0.25 Crore — ranking #7525 of 12657 by surplus magnitude.

Import Growth of −43.18% CAGR Signals Stable Import Dependency for Other | Ball Bearing Quality

India's imports under HSN Code 72279030 have grown at −43.18% CAGR, reaching ₹0.32 Crore in FY 2024-25.

HSN Code 72279030 Contributes 0.04% of Sub-Chapter 7227 Exports — Ranked #5

Among the 9 HSN codes under Sub-Chapter 7227, HSN Code 72279030 ranks #5 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72279030 and GST compliance.

What products are classified under HSN 72279030 ?

It includes Other | Sulphur Free Cutting Quality

Do e‑way bill and e‑invoice apply for Other / Ball Bearing 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.

Does packaging or labelling change the GST for Other / Ball Bearing 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.

Any common misclassification issue with Other / Ball Bearing Quality?

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 Other / Ball Bearing Quality is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Ball Bearing Quality; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Other / Ball Bearing Quality?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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.