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HSN Code 72286012: Other Alloy Steel Bright Bars

HSN Code 72286012 represents Other Alloy Steel Bright Bars under GST classification. This code helps businesses identify Other Alloy Steel Bright Bars 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 Alloy Steel Bright Bars.

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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 Alloy Steel Bright 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 : 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

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India’s Trade Performance — HSN Code 72286012 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹271 Cr

+123.08% vs FY 2024-25

0.0070% of India’s total exports

India’s Imports

FY 2025-26

₹96 Cr

−4.55% vs FY 2024-25

0.0014% of India’s total imports

Trade Balance

FY 2025-26

₹176 Cr

Trade Surplus

Surplus rank #1276 of 12872 HSN codes

% of Sub-Chapter 7228

FY 2025-26

23.41%

Share of Sub-Chapter 7228’s total exports in FY 2025-26

Import side: 3.53% of Sub-Chapter 7228’s imports

Rank Within Sub-Chapter 7228

FY 2025-26

#2 of 27

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

Import-side rank: #8 of 27

At a glance

17.42%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#1628

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+123.08%

Peak Growth Year

FY 2025-26 · strongest single-year move

23.41%

Contribution to Sub-Ch. 7228

Share of Sub-Chapter 7228 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 72286012

8-year export and import data, FY 2018-19 to FY 2025-26, 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

FY 2025-26 Exp. Rank #1628

Balance

+175.87

Exports

271.38 ₹ Cr

0.0070% share

+123.08% YoY

23.41% of Sub-Ch. 7228

Imports

95.51 ₹ Cr

0.0014% share

−4.55% YoY

3.53% of Sub-Ch. 7228

CAGR · 8-Year

Exports

17.42% /yr

Imports

0.45% /yr

Consistently Surplus
Sub-Chapter 7228 total

reference, FY 2025-26

Export

₹1,159.07 Cr

Import

₹2,705.26 Cr

Trade Balance

−1,546.19

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: 17.42% CAGR Over 8 Years

India's exports under HSN Code 72286012 have grown at a compound annual rate of 17.42% over 8 fiscal years, rising from ₹88.16 Crore in FY 2018-19 to ₹271.38 Crore in FY 2025-26.

HSN Code 72286012 Ranked #1628 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 72286012 ranks #1628 out of 12872 HSN codes by total export value. Within Sub-Chapter 7228, it ranks #2 of 27. By trade surplus, it ranks #1276 of 12872.

FY 2025-26 Was the Strongest Growth Year for HSN Code 72286012 Exports

The strongest single-year export movement for HSN Code 72286012 was recorded in FY 2025-26, when exports surged by 123.08% over the prior year.

India Maintains a Trade Surplus of ₹175.87 Crore in HSN Code 72286012 Goods

In FY 2025-26, India's exports of ₹271.38 Cr exceeded imports of ₹95.51 Cr, resulting in a trade surplus of ₹175.87 Crore — ranking #1276 of 12872 by surplus magnitude.

Import Growth of 0.45% CAGR Signals Stable Import Dependency for Other Alloy Steel Bright Bars

India's imports under HSN Code 72286012 have grown at 0.45% CAGR, reaching ₹95.51 Crore in FY 2025-26.

HSN Code 72286012 Contributes 23.41% of Sub-Chapter 7228 Exports — Ranked #2

Among the 27 HSN codes under Sub-Chapter 7228, HSN Code 72286012 ranks #2 by export value — accounting for 23.41% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 3.53% share (rank #8).

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 Alloy Steel Bright Bars is sold with other items?

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

Any common misclassification issue with Other Alloy Steel Bright 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 Other Alloy Steel Bright Bars?

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 Alloy Steel Bright 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.

Does packaging or labelling change the GST for Other Alloy Steel Bright 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.

How much GST applies to Other Alloy Steel Bright Bars?

Under HSN 72286012, Other Alloy Steel Bright Bars attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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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.