---
title: "HSN Code for Forged non-alloy steel drill bar | HSN 72288020 GST Rate"
description: "Find HSN and GST Rates for 72288020 related to Forged non-alloy steel drill bar with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72288020/"
---

# HSN Code 72288020: Forged non-alloy steel drill bar

- [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 non alloy steel, forged | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72288020 ?

It includes Tinned Wire

### Can we claim ITC on inputs used to trade Forged non-alloy steel drill bar?

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 Forged non-alloy steel drill bar?

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 should mixed supplies be billed when Forged non-alloy steel drill bar is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Forged non-alloy steel drill bar; Nil for exempt items if applicable).

### How much GST applies to Forged non-alloy steel drill bar?

Under HSN 72288020, Forged non-alloy steel drill bar attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Forged non-alloy steel drill bar?

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.

## India's trade performance: HSN Code 72288020 (FY 2024-25)

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

- Exports: < ₹1 Crore (−95.00% YoY) — 0.0000% of India's total exports
- Imports: Nil (−100.00% YoY) — 0.0000% of India's total imports
- Trade balance: < ₹1 Crore (Surplus); surplus rank #5588 of 12657 HSN codes
- Share of Sub-Chapter 7228: 0.00% of its exports; import side 0.00%
- Rank within Sub-Chapter 7228: #22 of 27 by export value

### Key metrics

- Export CAGR: -59.77% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #10437 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +289.47% in FY 2022-23
- Contribution to Sub-Ch. 7228: 0.00% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72288020

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 | 2.36 | 0.0001% | — | 0.37% | 2.36 | 0.0001% | — | 0.08% | 0.00 | #6770 |
| FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | −58.90% | 0.04% | −0.97 | — |
| FY 2020-21 | 5.98 | 0.0003% | — | 1.23% | < ₹1 Crore | 0.0000% | −81.44% | 0.01% | +5.80 | #5714 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −96.82% | 0.01% | Nil | 0.0000% | −100.00% | 0.00% | +0.19 | #9228 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | +289.47% | 0.06% | < ₹1 Crore | 0.0000% | — | 0.02% | +0.22 | #8363 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −72.97% | 0.02% | < ₹1 Crore | 0.0000% | −96.15% | 0.00% | +0.18 | #9440 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −95.00% | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | +0.01 | #10437 |

- CAGR (7-year): exports -59.77%/yr, imports —/yr (consistently Surplus)

## Key trade insights: HSN Code 72288020 export-import analysis

### Export decline: -59.77% CAGR over 7 years

India's exports under HSN Code 72288020 have declined at a compound annual rate of -59.77% over 7 fiscal years, falling from ₹2.36 Crore in FY 2018-19 to ₹0.01 Crore in FY 2024-25.

### HSN Code 72288020 ranked #10437 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72288020 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 7228, it ranks #22 of 27. By trade surplus, it ranks #5588 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 72288020 exports

The strongest single-year export movement for HSN Code 72288020 was recorded in FY 2022-23, when exports surged by 289.47% over the prior year.

### India maintains a trade surplus of ₹0.01 Crore in HSN Code 72288020 goods

In FY 2024-25, India's exports of ₹0.01 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.01 Crore — ranking #5588 of 12657 by surplus magnitude.

### HSN Code 72288020 contributes 0.00% of Sub-Chapter 7228 exports — ranked #22

Among the 27 HSN codes under Sub-Chapter 7228, HSN Code 72288020 ranks #22 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

## 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 |
| #22 | HSN Code 72288020: Forged non-alloy steel drill bar (this hsn code) | < ₹1 Crore |