HSN Code 72286012: Other bars and rods : Bright bars : Other

HSN Code 72286012 represents Other bars and rods : Bright bars : Other under GST classification. This code helps businesses identify Other bars and rods : Bright bars : Other correctly for billing, taxation, and trade. With HSN Code 72286012, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other bars and rods : Bright bars : Other.

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Description of Goods for HSN Code 72286012

HSN Code 72286012 relates to the following description.

Description of Goods

Other bars and rods : Bright bars : 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%

What does HSN Code 72286012 not include?

Other bars and rods : Bright bars : Other 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 : 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 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 72286012 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

₹122 Cr

+82.88% vs FY 2023-24

0.0033% of India’s total exports

India’s Imports

FY 2024-25

₹100 Cr

+13.06% vs FY 2023-24

0.0016% of India’s total imports

Trade Balance

FY 2024-25

₹22 Cr

Trade Surplus

Surplus rank #2772 of 12657 HSN codes

% of Sub-Chapter 7228

FY 2024-25

12.77%

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

Import side: 3.23% of Sub-Chapter 7228’s imports

Rank Within Sub-Chapter 7228

FY 2024-25

#3 of 27

Position by export value among HSN codes in Sub-Chapter 7228

Import-side rank: #8 of 27

At a glance

5.51%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#2418

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+82.88%

Peak Growth Year

FY 2024-25 · strongest single-year move

12.77%

Contribution to Sub-Ch. 7228

Share of Sub-Chapter 7228 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #2157

Balance

−4.42

Exports

88.16 ₹ Cr

0.0039% share

YoY

13.97% of Sub-Ch. 7228

Imports

92.58 ₹ Cr

0.0026% share

YoY

3.09% of Sub-Ch. 7228

FY 2019-20 Exp. Rank #1813

Balance

+38.35

Exports

120.26 ₹ Cr

0.0055% share

+36.41% YoY

24.20% of Sub-Ch. 7228

Imports

81.91 ₹ Cr

0.0024% share

−11.53% YoY

3.50% of Sub-Ch. 7228

FY 2020-21 Exp. Rank #1837

Balance

+48.11

Exports

125.34 ₹ Cr

0.0058% share

+4.22% YoY

25.83% of Sub-Ch. 7228

Imports

77.23 ₹ Cr

0.0027% share

−5.71% YoY

4.13% of Sub-Ch. 7228

FY 2021-22 Exp. Rank #1636

Balance

+127.62

Exports

203.58 ₹ Cr

0.0065% share

+62.42% YoY

14.86% of Sub-Ch. 7228

Imports

75.96 ₹ Cr

0.0017% share

−1.64% YoY

3.08% of Sub-Ch. 7228

FY 2022-23 Exp. Rank #2853

Balance

+16.41

Exports

79.51 ₹ Cr

0.0022% share

−60.94% YoY

6.22% of Sub-Ch. 7228

Imports

63.10 ₹ Cr

0.0011% share

−16.93% YoY

2.05% of Sub-Ch. 7228

FY 2023-24 Exp. Rank #3144

Balance

−21.98

Exports

66.52 ₹ Cr

0.0018% share

−16.34% YoY

5.87% of Sub-Ch. 7228

Imports

88.50 ₹ Cr

0.0016% share

+40.25% YoY

2.78% of Sub-Ch. 7228

FY 2024-25 Exp. Rank #2418

Balance

+21.59

Exports

121.65 ₹ Cr

0.0033% share

+82.88% YoY

12.77% of Sub-Ch. 7228

Imports

100.06 ₹ Cr

0.0016% share

+13.06% YoY

3.23% of Sub-Ch. 7228

CAGR · 7-Year

Exports

5.51% /yr

Imports

1.30% /yr

Consistently Surplus
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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72286012 and GST compliance.

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.

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.