---
title: "HSN Code for Spring Steel Bars | HSN 72283022 GST Rate"
description: "Find HSN and GST Rates for 72283022 related to Spring Steel Bars with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72283022/"
---

# HSN Code 72283022: Spring Steel Bars

- [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 7228: Alloy Steel Bars & Rods](https://busy.in/hsn/sub-chapter-7228/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Spring steel | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72283022 ?

It includes Other Hot-Rolled/Drawn/Extruded Bars/Rods

### Any common misclassification issue with Spring Steel Bars?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### Do e‑way bill and e‑invoice apply for Spring Steel Bars?

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.

### How should mixed supplies be billed when Spring Steel Bars is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Spring Steel Bars; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Spring Steel Bars?

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 Spring Steel Bars?

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.

## India's trade performance: HSN Code 72283022 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹55 Cr (−51.64% YoY) — 0.0015% of India's total exports
- Imports: < ₹1 Crore (−98.95% YoY) — 0.0000% of India's total imports
- Trade balance: ₹55 Cr (Surplus); surplus rank #2074 of 12657 HSN codes
- Share of Sub-Chapter 7228: 5.79% of its exports; import side 0.00%
- Rank within Sub-Chapter 7228: #5 of 27 by export value; import-side #24

### Key metrics

- Export CAGR: -8.19% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #3491 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +232.39% in FY 2021-22
- Contribution to Sub-Ch. 7228: 5.79% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72283022

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. 7228 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7228 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 92.10 | 0.0040% | — | 14.59% | 56.75 | 0.0016% | — | 1.89% | +35.35 | #2112 |
| FY 2019-20 | 69.79 | 0.0032% | −24.22% | 14.04% | 2.67 | 0.0001% | −95.30% | 0.11% | +67.12 | #2452 |
| FY 2020-21 | 59.09 | 0.0027% | −15.33% | 12.18% | < ₹1 Crore | 0.0000% | −97.00% | 0.00% | +59.01 | #2689 |
| FY 2021-22 | 196.41 | 0.0063% | +232.39% | 14.34% | < ₹1 Crore | 0.0000% | +125.00% | 0.01% | +196.23 | #1667 |
| FY 2022-23 | 165.76 | 0.0046% | −15.61% | 12.96% | < ₹1 Crore | 0.0000% | +16.67% | 0.01% | +165.55 | #1926 |
| FY 2023-24 | 114.05 | 0.0032% | −31.20% | 10.07% | 1.91 | 0.0000% | +809.52% | 0.06% | +112.14 | #2406 |
| FY 2024-25 | 55.16 | 0.0015% | −51.64% | 5.79% | < ₹1 Crore | 0.0000% | −98.95% | 0.00% | +55.14 | #3491 |

- CAGR (7-year): exports -8.19%/yr, imports -73.42%/yr (consistently Surplus)

## Key trade insights: HSN Code 72283022 export-import analysis

### Export decline: -8.19% CAGR over 7 years

India's exports under HSN Code 72283022 have declined at a compound annual rate of -8.19% over 7 fiscal years, falling from ₹92.10 Crore in FY 2018-19 to ₹55.16 Crore in FY 2024-25.

### HSN Code 72283022 ranked #3491 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72283022 ranks #3491 out of 12657 HSN codes by total export value. Within Sub-Chapter 7228, it ranks #5 of 27. By trade surplus, it ranks #2074 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 72283022 exports

The strongest single-year export movement for HSN Code 72283022 was recorded in FY 2021-22, when exports surged by 232.39% over the prior year.

### India maintains a trade surplus of ₹55.14 Crore in HSN Code 72283022 goods

In FY 2024-25, India's exports of ₹55.16 Cr exceeded imports of ₹0.02 Cr, resulting in a trade surplus of ₹55.14 Crore — ranking #2074 of 12657 by surplus magnitude.

### Import growth of -73.42% CAGR signals stable import dependency for Spring Steel Bars

India's imports under HSN Code 72283022 have grown at -73.42% CAGR, reaching ₹0.02 Crore in FY 2024-25.

### HSN Code 72283022 contributes 5.79% of Sub-Chapter 7228 exports — ranked #5

Among the 27 HSN codes under Sub-Chapter 7228, HSN Code 72283022 ranks #5 by export value — accounting for 5.79% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #24).

## Related HSN Codes in Sub-Chapter 7228

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 72283029: Other Hot-Rolled/Drawn/Extruded Bars/Rods](https://busy.in/hsn/hsn-72283029/) | ₹371 Cr |
| #2 | [HSN Code 72285010: Engine Valve/Cold Heading Steel](https://busy.in/hsn/hsn-72285010/) | ₹132 Cr |
| #3 | [HSN Code 72286012: Other bars and rods : Bright bars : Other](https://busy.in/hsn/hsn-72286012/) | ₹122 Cr |
| #4 | [HSN Code 72283019: Tin Flat-Rolled Products](https://busy.in/hsn/hsn-72283019/) | ₹118 Cr |
| #5 | HSN Code 72283022: Spring Steel Bars (this hsn code) | ₹55 Cr |
| #6 | [HSN Code 72282000: Bars and rods, of silico-manganese steel](https://busy.in/hsn/hsn-72282000/) | ₹45 Cr |
| #7 | [HSN Code 72285090: Other Cold-Formed/Finished Other Steel Bars/Rods](https://busy.in/hsn/hsn-72285090/) | ₹25 Cr |
| #8 | [HSN Code 72284000: Forged bars and rods](https://busy.in/hsn/hsn-72284000/) | ₹24 Cr |
| #9 | [HSN Code 72286099: Other Bars And Rods \| Other](https://busy.in/hsn/hsn-72286099/) | ₹24 Cr |
| #10 | [HSN Code 72281010: High-Speed Steel Bright Bars](https://busy.in/hsn/hsn-72281010/) | ₹16 Cr |