HSN Code 72283021: Wire of other alloy steel of high speed steel
HSN Code 72283021 represents Wire of other alloy steel of high speed steel under GST classification. This code helps businesses identify Wire of other alloy steel of high speed steel correctly for billing, taxation, and trade. With HSN Code 72283021, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Wire of other alloy steel of high speed steel.
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Description of Goods for HSN Code 72283021
HSN Code 72283021 relates to the following description.
What does HSN Code 72283021 not include?
Wire of other alloy steel of high speed steel does not include products with the following descriptions.
Bars and rods, of high speed steel : Bright bars
Bars and rods, of high speed steel : Other
Bars and rods, of silico-manganese steel
Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Bright bars : Of alloy tool steel
Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Bright bars : Other
Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Spring steel
Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Sulphur bearing steel
Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Tool and die steel
Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Other
Other bars and rods, not further worked than forged
Other bars and rods, not further worked than cold-formed or cold-finished : Of engine valves and cold heading steel
Other bars and rods, not further worked than cold-formed or cold-finished : Other
Other bars and rods : Bright bars : Of alloy tool steel
Other bars and rods : Bright bars : Other
Other bars and rods : Other : Lead bearing steel
Other bars and rods : Other : Spring steel
Other bars and rods : Other : Sulphur bearing steel
Other bars and rods : Other : Tool and die steel
Other bars and rods : Other : Other
Angles, shapes and sections : Not further worked than hot-rolled, hot-drawn or extruded : Of 80 mm or more
Angles, shapes and sections : Not further worked than hot-rolled, hot-drawn or extruded : Of less than 80 mm
Angles, shapes and sections : Not further worked than cold-formed or coldfinished : Of 80 mm or more
Angles, shapes and sections : Not further worked than cold-formed or coldfinished : Of less than 80 mm
Hollow drill bars and rods : Of alloy steel
Hollow drill bars and rods : Of non alloy steel, forged
Hollow drill bars and rods : Other
Bars and rods, of high speed steel : Bright bars
Bars and rods, of high speed steel : Other
Bars and rods, of silico-manganese steel
Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Bright bars : Of alloy tool steel
Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Bright bars : Other
Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Spring steel
Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Sulphur bearing steel
Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Tool and die steel
Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Other
Other bars and rods, not further worked than forged
Other bars and rods, not further worked than cold-formed or cold-finished : Of engine valves and cold heading steel
Other bars and rods, not further worked than cold-formed or cold-finished : Other
Other bars and rods : Bright bars : Of alloy tool steel
Other bars and rods : Bright bars : Other
Other bars and rods : Other : Lead bearing steel
Other bars and rods : Other : Spring steel
Other bars and rods : Other : Sulphur bearing steel
Other bars and rods : Other : Tool and die steel
Other bars and rods : Other : Other
Angles, shapes and sections : Not further worked than hot-rolled, hot-drawn or extruded : Of 80 mm or more
Angles, shapes and sections : Not further worked than hot-rolled, hot-drawn or extruded : Of less than 80 mm
Angles, shapes and sections : Not further worked than cold-formed or coldfinished : Of 80 mm or more
Angles, shapes and sections : Not further worked than cold-formed or coldfinished : Of less than 80 mm
Hollow drill bars and rods : Of alloy steel
Hollow drill bars and rods : Of non alloy steel, forged
Hollow drill bars and rods : Other
India’s Trade Performance — HSN Code 72283021 in FY 2024-25
India’s Exports
FY 2024-25Nil
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹2 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−₹2 Cr
Surplus rank #8063 of 12657 HSN codes
% of Sub-Chapter 7228
FY 2024-250.00%
Share of Sub-Chapter 7228’s total exports in FY 2024-25
Import side: 0.05% of Sub-Chapter 7228’s imports
At a glance
−16.67%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.00%
Contribution to Sub-Ch. 7228
Share of Sub-Chapter 7228 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 72283021
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.08
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7228
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7228
Balance
−0.41
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7228
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+412.50% YoY
0.02% of Sub-Ch. 7228
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7228
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7228
Balance
+0.14
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.04% of Sub-Ch. 7228
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.02% of Sub-Ch. 7228
Balance
−0.41
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−89.83% YoY
0.00% of Sub-Ch. 7228
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+4.44% YoY
0.02% of Sub-Ch. 7228
Balance
−9.60
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−16.67% YoY
0.00% of Sub-Ch. 7228
Imports
9.65 ₹ Cr
0.0002% share
+1,953.19% YoY
0.30% of Sub-Ch. 7228
Balance
−1.51
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7228
Imports
1.51 ₹ Cr
0.0000% share
−84.35% YoY
0.05% of Sub-Ch. 7228
CAGR · 7-Year
Exports
—
Imports
63.17% /yr
reference, FY 2024-25
Export
₹952.60 Cr
Import
₹3,100.80 Cr
Trade Balance
−2,148.20
Key Trade Insights: HSN Code 72283021 Export-Import Analysis
Export Snapshot for HSN Code 72283021
India exported ₹0.00 Crore worth of Wire of other alloy steel of high speed steel in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
FY 2023-24 Was the Strongest Growth Year for HSN Code 72283021 Exports
The strongest single-year export movement for HSN Code 72283021 was recorded in FY 2023-24, when exports declined by 16.67% over the prior year.
India Records a Trade Deficit of ₹1.51 Crore in HSN Code 72283021 Goods
In FY 2024-25, India's imports of ₹1.51 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹1.51 Crore — ranking #8063 of 12657 by surplus magnitude.
Import Growth of 63.17% CAGR Signals Rising Demand for Wire of other alloy steel of high speed steel
India's imports under HSN Code 72283021 have grown at 63.17% CAGR, reaching ₹1.51 Crore in FY 2024-25.
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Frequently Asked Questions
Clear answers to common queries about HSN Code 72283021 and GST compliance.
What products are classified under HSN 72283021 ?
It includes Copper-Nickel-Zinc Base Alloys (Unwrought)
Can we claim ITC on inputs used to trade Wire of other alloy steel of high speed steel?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Does packaging or labelling change the GST for Wire of other alloy steel of high speed 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.
How should mixed supplies be billed when Wire of other alloy steel of high speed steel is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Wire of other alloy steel of high speed steel; Nil for exempt items if applicable).
How much GST applies to Wire of other alloy steel of high speed steel?
Under HSN 72283021, Wire of other alloy steel of high speed steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Wire of other alloy steel of high speed steel?
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.