HSN Code 72286092: Spring Steel Bars/Rods
HSN Code 72286092 represents Spring Steel Bars/Rods under GST classification. This code helps businesses identify Spring Steel Bars/Rods correctly for billing, taxation, and trade. With HSN Code 72286092, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Spring Steel Bars/Rods.
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Description of Goods for HSN Code 72286092
HSN Code 72286092 relates to the following description.
What does HSN Code 72286092 not include?
Spring Steel 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 hot-rolled, hot-drawn or extruded : Other : Other
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 : 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 hot-rolled, hot-drawn or extruded : Other : Other
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 : 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 Trade Performance — HSN Code 72286092 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #5420 of 12657 HSN codes
% of Sub-Chapter 7228
FY 2024-250.01%
Share of Sub-Chapter 7228’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 7228’s imports
Rank Within Sub-Chapter 7228
FY 2024-25#20 of 27
Position by export value among HSN codes in Sub-Chapter 7228
Import-side rank: #23 of 27
At a glance
−1.14%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9607
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+228.57%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.01%
Contribution to Sub-Ch. 7228
Share of Sub-Chapter 7228 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 72286092
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−3.51
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.02% of Sub-Ch. 7228
Imports
3.66 ₹ Cr
0.0001% share
— YoY
0.12% of Sub-Ch. 7228
Balance
−1.86
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−20.00% YoY
0.02% of Sub-Ch. 7228
Imports
1.98 ₹ Cr
0.0001% share
−45.90% YoY
0.08% of Sub-Ch. 7228
Balance
−6.44
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−41.67% YoY
0.01% of Sub-Ch. 7228
Imports
6.51 ₹ Cr
0.0002% share
+228.79% YoY
0.35% of Sub-Ch. 7228
Balance
−2.33
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+228.57% YoY
0.02% of Sub-Ch. 7228
Imports
2.56 ₹ Cr
0.0001% share
−60.68% YoY
0.10% of Sub-Ch. 7228
Balance
−0.08
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−4.35% YoY
0.02% of Sub-Ch. 7228
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−88.28% YoY
0.01% of Sub-Ch. 7228
Balance
−0.55
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−36.36% YoY
0.01% of Sub-Ch. 7228
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+130.00% YoY
0.02% of Sub-Ch. 7228
Balance
+0.04
Exports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
0.01% of Sub-Ch. 7228
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−85.51% YoY
0.00% of Sub-Ch. 7228
CAGR · 7-Year
Exports
−1.14% /yr
Imports
−45.12% /yr
reference, FY 2024-25
Export
₹952.60 Cr
Import
₹3,100.80 Cr
Trade Balance
−2,148.20
Key Trade Insights: HSN Code 72286092 Export-Import Analysis
Export Decline: −1.14% CAGR Over 7 Years
India's exports under HSN Code 72286092 have declined at a compound annual rate of −1.14% over 7 fiscal years, falling from ₹0.15 Crore in FY 2018-19 to ₹0.14 Crore in FY 2024-25.
HSN Code 72286092 Ranked #9607 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 72286092 ranks #9607 out of 12657 HSN codes by total export value. Within Sub-Chapter 7228, it ranks #20 of 27. By trade surplus, it ranks #5420 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 72286092 Exports
The strongest single-year export movement for HSN Code 72286092 was recorded in FY 2021-22, when exports surged by 228.57% over the prior year.
India Maintains a Trade Surplus of ₹0.04 Crore in HSN Code 72286092 Goods
In FY 2024-25, India's exports of ₹0.14 Cr exceeded imports of ₹0.10 Cr, resulting in a trade surplus of ₹0.04 Crore — ranking #5420 of 12657 by surplus magnitude.
Import Growth of −45.12% CAGR Signals Stable Import Dependency for Spring Steel Bars/Rods
India's imports under HSN Code 72286092 have grown at −45.12% CAGR, reaching ₹0.10 Crore in FY 2024-25.
HSN Code 72286092 Contributes 0.01% of Sub-Chapter 7228 Exports — Ranked #20
Among the 27 HSN codes under Sub-Chapter 7228, HSN Code 72286092 ranks #20 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #23).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 72286092 and GST compliance.
What products are classified under HSN 72286092 ?
It includes Other Bars And Rods | Other
Do e‑way bill and e‑invoice apply for Spring Steel Bars/Rods?
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 much GST applies to Spring Steel Bars/Rods?
Under HSN 72286092, Spring Steel Bars/Rods attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Can we claim ITC on inputs used to trade Spring Steel Bars/Rods?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Does packaging or labelling change the GST for Spring Steel Bars/Rods?
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 should mixed supplies be billed when Spring Steel Bars/Rods is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Spring Steel Bars/Rods; Nil for exempt items if applicable).