HSN Code 72279040: Other | Cold Heading Quality

HSN Code 72279040 represents Other | Cold Heading Quality under GST classification. This code helps businesses identify Other | Cold Heading Quality correctly for billing, taxation, and trade. With HSN Code 72279040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Cold Heading Quality.

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Description of Goods for HSN Code 72279040

HSN Code 72279040 relates to the following description.

Description of Goods

Other : Cold heading 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 72279040 not include?

Other | Cold Heading Quality does not include products with the following descriptions.

India’s Trade Performance — HSN Code 72279040 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

₹78 Cr

−49.15% vs FY 2023-24

0.0013% of India’s total imports

Trade Balance

FY 2024-25

−₹78 Cr

Trade Deficit

Surplus rank #10602 of 12657 HSN codes

% of Sub-Chapter 7227

FY 2024-25

0.02%

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

Import side: 21.37% of Sub-Chapter 7227’s imports

Rank Within Sub-Chapter 7227

FY 2024-25

#6 of 9

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

Import-side rank: #3 of 9

At a glance

−27.70%

Export CAGR

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

#10112

National Export Rank

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

−6.56%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.02%

Contribution to Sub-Ch. 7227

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

India Export-Import Trade Statistics for HSN Code 72279040

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 #8596

Balance

−470.28

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.22% of Sub-Ch. 7227

Imports

470.56 ₹ Cr

0.0131% share

— YoY

46.50% of Sub-Ch. 7227

FY 2019-20

Balance

−137.36

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7227

Imports

137.36 ₹ Cr

0.0041% share

−70.81% YoY

42.62% of Sub-Ch. 7227

FY 2020-21

Balance

−120.45

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7227

Imports

120.45 ₹ Cr

0.0041% share

−12.31% YoY

42.33% of Sub-Ch. 7227

FY 2021-22 Exp. Rank #8436

Balance

−85.43

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.03% of Sub-Ch. 7227

Imports

86.04 ₹ Cr

0.0019% share

−28.57% YoY

34.12% of Sub-Ch. 7227

FY 2022-23 Exp. Rank #8576

Balance

−151.42

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−6.56% YoY

0.28% of Sub-Ch. 7227

Imports

151.99 ₹ Cr

0.0026% share

+76.65% YoY

35.73% of Sub-Ch. 7227

FY 2023-24

Balance

−154.29

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7227

Imports

154.29 ₹ Cr

0.0027% share

+1.51% YoY

42.32% of Sub-Ch. 7227

FY 2024-25 Exp. Rank #10112

Balance

−78.42

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 7227

Imports

78.46 ₹ Cr

0.0013% share

−49.15% YoY

21.37% of Sub-Ch. 7227

CAGR · 7-Year

Exports

−27.70% /yr

Imports

−25.81% /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 72279040 Export-Import Analysis

Export Decline: −27.70% CAGR Over 7 Years

India's exports under HSN Code 72279040 have declined at a compound annual rate of −27.70% over 7 fiscal years, falling from ₹0.28 Crore in FY 2018-19 to ₹0.04 Crore in FY 2024-25.

HSN Code 72279040 Ranked #10112 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72279040 ranks #10112 out of 12657 HSN codes by total export value. Within Sub-Chapter 7227, it ranks #6 of 9. By trade surplus, it ranks #10602 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 72279040 Exports

The strongest single-year export movement for HSN Code 72279040 was recorded in FY 2022-23, when exports declined by 6.56% over the prior year.

India Records a Trade Deficit of ₹78.42 Crore in HSN Code 72279040 Goods

In FY 2024-25, India's imports of ₹78.46 Cr exceeded exports of ₹0.04 Cr, resulting in a trade deficit of ₹78.42 Crore — ranking #10602 of 12657 by surplus magnitude.

Import Growth of −25.81% CAGR Signals Stable Import Dependency for Other | Cold Heading Quality

India's imports under HSN Code 72279040 have grown at −25.81% CAGR, reaching ₹78.46 Crore in FY 2024-25.

HSN Code 72279040 Contributes 0.02% of Sub-Chapter 7227 Exports — Ranked #6

Among the 9 HSN codes under Sub-Chapter 7227, HSN Code 72279040 ranks #6 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 21.37% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72279040 and GST compliance.

What products are classified under HSN 72279040 ?

It includes Other : Other

Does packaging or labelling change the GST for Other / Cold Heading 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.

How much GST applies to Other / Cold Heading Quality?

Under HSN 72279040, Other / Cold Heading Quality attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Other / Cold Heading Quality?

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 Other / Cold Heading Quality?

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

Do e‑way bill and e‑invoice apply for Other / Cold Heading 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.

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.