--- title: "HSN Code for Other bars and rods : Bright bars : Other | HSN 72286012 GST Rate" description: "Find HSN and GST Rates for 72286012 related to Other bars and rods : Bright bars : Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-72286012/" --- # HSN Code 72286012: Other bars and rods : Bright bars : Other - [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 : Bright bars : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 72286012 ? It includes Sulphur bearing steel ### How should mixed supplies be billed when Other bars and rods : Bright bars : Other is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other bars and rods : Bright bars : Other; Nil for exempt items if applicable). ### Any common misclassification issue with Other bars and rods : Bright bars : Other? 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 bars and rods : Bright bars : Other? 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 bars and rods : Bright bars : Other? 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. ### Does packaging or labelling change the GST for Other bars and rods : Bright bars : Other? 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 bars and rods : Bright bars : Other? Under HSN 72286012, Other bars and rods : Bright bars : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 72286012 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹122 Cr (+82.88% YoY) — 0.0033% of India's total exports - Imports: ₹100 Cr (+13.06% YoY) — 0.0016% of India's total imports - Trade balance: ₹22 Cr (Surplus); surplus rank #2772 of 12657 HSN codes - Share of Sub-Chapter 7228: 12.77% of its exports; import side 3.23% - Rank within Sub-Chapter 7228: #3 of 27 by export value; import-side #8 ### Key metrics - Export CAGR: 5.51% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2418 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +82.88% in FY 2024-25 - Contribution to Sub-Ch. 7228: 12.77% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 72286012 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 | 88.16 | 0.0039% | — | 13.97% | 92.58 | 0.0026% | — | 3.09% | −4.42 | #2157 | | FY 2019-20 | 120.26 | 0.0055% | +36.41% | 24.20% | 81.91 | 0.0024% | −11.53% | 3.50% | +38.35 | #1813 | | FY 2020-21 | 125.34 | 0.0058% | +4.22% | 25.83% | 77.23 | 0.0027% | −5.71% | 4.13% | +48.11 | #1837 | | FY 2021-22 | 203.58 | 0.0065% | +62.42% | 14.86% | 75.96 | 0.0017% | −1.64% | 3.08% | +127.62 | #1636 | | FY 2022-23 | 79.51 | 0.0022% | −60.94% | 6.22% | 63.10 | 0.0011% | −16.93% | 2.05% | +16.41 | #2853 | | FY 2023-24 | 66.52 | 0.0018% | −16.34% | 5.87% | 88.50 | 0.0016% | +40.25% | 2.78% | −21.98 | #3144 | | FY 2024-25 | 121.65 | 0.0033% | +82.88% | 12.77% | 100.06 | 0.0016% | +13.06% | 3.23% | +21.59 | #2418 | - CAGR (7-year): exports 5.51%/yr, imports 1.30%/yr (consistently Surplus) ## Key trade insights: HSN Code 72286012 export-import analysis ### Consistent export growth: 5.51% CAGR over 7 years India's exports under HSN Code 72286012 have grown at a compound annual rate of 5.51% over 7 fiscal years, rising from ₹88.16 Crore in FY 2018-19 to ₹121.65 Crore in FY 2024-25. ### HSN Code 72286012 ranked #2418 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 72286012 ranks #2418 out of 12657 HSN codes by total export value. Within Sub-Chapter 7228, it ranks #3 of 27. By trade surplus, it ranks #2772 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 72286012 exports The strongest single-year export movement for HSN Code 72286012 was recorded in FY 2024-25, when exports surged by 82.88% over the prior year. ### India maintains a trade surplus of ₹21.59 Crore in HSN Code 72286012 goods In FY 2024-25, India's exports of ₹121.65 Cr exceeded imports of ₹100.06 Cr, resulting in a trade surplus of ₹21.59 Crore — ranking #2772 of 12657 by surplus magnitude. ### Import growth of 1.30% CAGR signals stable import dependency for Other bars and rods : Bright bars : Other India's imports under HSN Code 72286012 have grown at 1.30% CAGR, reaching ₹100.06 Crore in FY 2024-25. ### HSN Code 72286012 contributes 12.77% of Sub-Chapter 7228 exports — ranked #3 Among the 27 HSN codes under Sub-Chapter 7228, HSN Code 72286012 ranks #3 by export value — accounting for 12.77% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.23% share (rank #8). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-72283022/) | ₹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 |