HSN Code 72283023: Sulphur Bearing Steel Bars

HSN Code 72283023 represents Sulphur Bearing Steel Bars under GST classification. This code helps businesses identify Sulphur Bearing Steel Bars correctly for billing, taxation, and trade. With HSN Code 72283023, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Sulphur Bearing Steel Bars.

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Description of Goods for HSN Code 72283023

HSN Code 72283023 relates to the following description.

Description of Goods

Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Sulphur bearing steel

Chapter

72 - Iron and steel

Sub Chapter

7228 - Other bars and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72283023 not include?

Sulphur Bearing Steel Bars does not include products with the following descriptions.

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 : 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 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

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

India’s Trade Performance — HSN Code 72283023 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

+1,425.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #7985 of 12657 HSN codes

% of Sub-Chapter 7228

FY 2024-25

0.00%

Share of Sub-Chapter 7228’s total exports in FY 2024-25

Import side: 0.04% of Sub-Chapter 7228’s imports

At a glance

+71.35%

Peak Growth Year

FY 2022-23 · 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 72283023

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 #9921

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7228

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7228

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7228

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7228

FY 2020-21

Balance

−0.14

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7228

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 7228

FY 2021-22 Exp. Rank #7358

Balance

+1.92

Exports

1.92 ₹ Cr

0.0001% share

YoY

0.14% of Sub-Ch. 7228

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7228

FY 2022-23 Exp. Rank #6902

Balance

+3.29

Exports

3.29 ₹ Cr

0.0001% share

+71.35% YoY

0.26% of Sub-Ch. 7228

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7228

FY 2023-24

Balance

−0.08

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7228

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7228

FY 2024-25

Balance

−1.22

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7228

Imports

1.22 ₹ Cr

0.0000% share

+1,425.00% YoY

0.04% of Sub-Ch. 7228

Sub-Chapter 7228 total

reference, FY 2024-25

Export

₹952.60 Cr

Import

₹3,100.80 Cr

Trade Balance

−2,148.20

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72283023 Export-Import Analysis

Export Snapshot for HSN Code 72283023

India exported ₹0.00 Crore worth of Sulphur Bearing Steel Bars in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2022-23 Was the Strongest Growth Year for HSN Code 72283023 Exports

The strongest single-year export movement for HSN Code 72283023 was recorded in FY 2022-23, when exports surged by 71.35% over the prior year.

India Records a Trade Deficit of ₹1.22 Crore in HSN Code 72283023 Goods

In FY 2024-25, India's imports of ₹1.22 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹1.22 Crore — ranking #7985 of 12657 by surplus magnitude.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72283023 and GST compliance.

What products are classified under HSN 72283023 ?

It includes Forged bars and rods

Do e‑way bill and e‑invoice apply for Sulphur Bearing 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 Sulphur Bearing Steel Bars is sold with other items?

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

Does packaging or labelling change the GST for Sulphur Bearing 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.

Any common misclassification issue with Sulphur Bearing 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.

Can we claim ITC on inputs used to trade Sulphur Bearing 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.

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.