HSN Code 72283029 represents Other Hot-Rolled/Drawn/Extruded Bars/Rods under GST classification. This code helps businesses identify Other Hot-Rolled/Drawn/Extruded Bars/Rods correctly for billing, taxation, and trade. With HSN Code 72283029, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Hot-Rolled/Drawn/Extruded Bars/Rods.
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HSN Code 72283029 relates to the following description.
Description of Goods
Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Other
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%
Other Hot-Rolled/Drawn/Extruded Bars/Rods 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
Lead bearing steel
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 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
Lead bearing steel
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 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 Exports
FY 2024-25₹371 Cr
0.0101% of India’s total exports
India’s Imports
FY 2024-25₹846 Cr
0.0139% of India’s total imports
Trade Balance
FY 2024-25−₹475 Cr
Surplus rank #11862 of 12657 HSN codes
% of Sub-Chapter 7228
FY 2024-2538.90%
Share of Sub-Chapter 7228’s total exports in FY 2024-25
Import side: 27.28% of Sub-Chapter 7228’s imports
Rank Within Sub-Chapter 7228
FY 2024-25#1 of 27
Position by export value among HSN codes in Sub-Chapter 7228
Import-side rank: #1 of 27
At a glance
16.75%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1252
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+430.32%
Peak Growth Year
FY 2021-22 · strongest single-year move
38.90%
Contribution to Sub-Ch. 7228
Share of Sub-Chapter 7228 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−483.15
Exports
146.31 ₹ Cr
0.0064% share
— YoY
23.18% of Sub-Ch. 7228
Imports
629.46 ₹ Cr
0.0176% share
— YoY
21.01% of Sub-Ch. 7228
Balance
−513.27
Exports
121.92 ₹ Cr
0.0055% share
−16.67% YoY
24.53% of Sub-Ch. 7228
Imports
635.19 ₹ Cr
0.0190% share
+0.91% YoY
27.14% of Sub-Ch. 7228
Balance
−479.71
Exports
116.51 ₹ Cr
0.0054% share
−4.44% YoY
24.01% of Sub-Ch. 7228
Imports
596.22 ₹ Cr
0.0205% share
−6.14% YoY
31.89% of Sub-Ch. 7228
Balance
−67.21
Exports
617.87 ₹ Cr
0.0197% share
+430.32% YoY
45.10% of Sub-Ch. 7228
Imports
685.08 ₹ Cr
0.0150% share
+14.90% YoY
27.82% of Sub-Ch. 7228
Balance
−503.88
Exports
537.07 ₹ Cr
0.0148% share
−13.08% YoY
42.00% of Sub-Ch. 7228
Imports
1,040.95 ₹ Cr
0.0181% share
+51.95% YoY
33.74% of Sub-Ch. 7228
Balance
−547.65
Exports
472.51 ₹ Cr
0.0131% share
−12.02% YoY
41.72% of Sub-Ch. 7228
Imports
1,020.16 ₹ Cr
0.0182% share
−2.00% YoY
32.05% of Sub-Ch. 7228
Balance
−475.44
Exports
370.53 ₹ Cr
0.0101% share
−21.58% YoY
38.90% of Sub-Ch. 7228
Imports
845.97 ₹ Cr
0.0139% share
−17.07% YoY
27.28% of Sub-Ch. 7228
CAGR · 7-Year
Exports
16.75% /yr
Imports
5.05% /yr
reference, FY 2024-25
Export
₹952.60 Cr
Import
₹3,100.80 Cr
Trade Balance
−2,148.20
India's exports under HSN Code 72283029 have grown at a compound annual rate of 16.75% over 7 fiscal years, rising from ₹146.31 Crore in FY 2018-19 to ₹370.53 Crore in FY 2024-25.
In FY 2024-25, HSN Code 72283029 ranks #1252 out of 12657 HSN codes by total export value. Within Sub-Chapter 7228, it ranks #1 of 27. By trade surplus, it ranks #11862 of 12657.
The strongest single-year export movement for HSN Code 72283029 was recorded in FY 2021-22, when exports surged by 430.32% over the prior year.
In FY 2024-25, India's imports of ₹845.97 Cr exceeded exports of ₹370.53 Cr, resulting in a trade deficit of ₹475.44 Crore — ranking #11862 of 12657 by surplus magnitude.
India's imports under HSN Code 72283029 have grown at 5.05% CAGR, reaching ₹845.97 Crore in FY 2024-25.
Among the 27 HSN codes under Sub-Chapter 7228, HSN Code 72283029 ranks #1 by export value — accounting for 38.90% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 27.28% share (rank #1).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 72283029 and GST compliance.
It includes Other Cold-Formed/Finished Other Steel Bars/Rods
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Hot-Rolled/Drawn/Extruded Bars/Rods; Nil for exempt items if applicable).
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.