---
title: "HSN Code for Hollow drill bars and rods : Of alloy steel | HSN 72288010 GST Rate"
description: "Find HSN and GST Rates for 72288010 related to Hollow drill bars and rods : Of alloy steel with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72288010/"
---

# HSN Code 72288010: Hollow drill bars and rods : Of alloy steel

- [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 |
| --- | --- | --- | --- | --- |
| Hollow drill bars and rods : Of alloy steel | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72288010 ?

It includes Of silico-manganese steel

### Any common misclassification issue with Hollow drill bars and rods : Of alloy steel?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### Does packaging or labelling change the GST for Hollow drill bars and rods : Of alloy steel?

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 Hollow drill bars and rods : Of alloy steel is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hollow drill bars and rods : Of alloy steel; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Hollow drill bars and rods : Of alloy steel?

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 Hollow drill bars and rods : Of alloy steel?

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 Hollow drill bars and rods : Of alloy steel?

Under HSN 72288010, Hollow drill bars and rods : Of alloy steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 72288010 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (−41.35% YoY) — 0.0000% of India's total exports
- Imports: ₹12 Cr (−43.46% YoY) — 0.0002% of India's total imports
- Trade balance: −₹12 Cr (Deficit); surplus rank #9165 of 12657 HSN codes
- Share of Sub-Chapter 7228: 0.08% of its exports; import side 0.40%
- Rank within Sub-Chapter 7228: #17 of 27 by export value; import-side #16

### Key metrics

- Export CAGR: -6.40% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8455 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +186.45% in FY 2020-21
- Contribution to Sub-Ch. 7228: 0.08% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72288010

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 | 1.16 | 0.0001% | — | 0.18% | 23.76 | 0.0007% | — | 0.79% | −22.60 | #7489 |
| FY 2019-20 | 1.55 | 0.0001% | +33.62% | 0.31% | 12.81 | 0.0004% | −46.09% | 0.55% | −11.26 | #7195 |
| FY 2020-21 | 4.44 | 0.0002% | +186.45% | 0.92% | 17.81 | 0.0006% | +39.03% | 0.95% | −13.37 | #6069 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −84.91% | 0.05% | 27.94 | 0.0006% | +56.88% | 1.13% | −27.27 | #8350 |
| FY 2022-23 | 1.15 | 0.0000% | +71.64% | 0.09% | 31.08 | 0.0005% | +11.24% | 1.01% | −29.93 | #7984 |
| FY 2023-24 | 1.33 | 0.0000% | +15.65% | 0.12% | 21.88 | 0.0004% | −29.60% | 0.69% | −20.55 | #7968 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −41.35% | 0.08% | 12.37 | 0.0002% | −43.46% | 0.40% | −11.59 | #8455 |

- CAGR (7-year): exports -6.40%/yr, imports -10.31%/yr (consistently Deficit)

## Key trade insights: HSN Code 72288010 export-import analysis

### Export decline: -6.40% CAGR over 7 years

India's exports under HSN Code 72288010 have declined at a compound annual rate of -6.40% over 7 fiscal years, falling from ₹1.16 Crore in FY 2018-19 to ₹0.78 Crore in FY 2024-25.

### HSN Code 72288010 ranked #8455 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72288010 ranks #8455 out of 12657 HSN codes by total export value. Within Sub-Chapter 7228, it ranks #17 of 27. By trade surplus, it ranks #9165 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 72288010 exports

The strongest single-year export movement for HSN Code 72288010 was recorded in FY 2020-21, when exports surged by 186.45% over the prior year.

### India records a trade deficit of ₹11.59 Crore in HSN Code 72288010 goods

In FY 2024-25, India's imports of ₹12.37 Cr exceeded exports of ₹0.78 Cr, resulting in a trade deficit of ₹11.59 Crore — ranking #9165 of 12657 by surplus magnitude.

### Import growth of -10.31% CAGR signals stable import dependency for Hollow drill bars and rods : Of alloy steel

India's imports under HSN Code 72288010 have grown at -10.31% CAGR, reaching ₹12.37 Crore in FY 2024-25.

### HSN Code 72288010 contributes 0.08% of Sub-Chapter 7228 exports — ranked #17

Among the 27 HSN codes under Sub-Chapter 7228, HSN Code 72288010 ranks #17 by export value — accounting for 0.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.40% share (rank #16).

## 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](https://busy.in/hsn/hsn-72286012/) | ₹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 |
| #17 | HSN Code 72288010: Hollow drill bars and rods : Of alloy steel (this hsn code) | < ₹1 Crore |