HSN Code 72299014: Half Round Wire

HSN Code 72299014 represents Half Round Wire under GST classification. This code helps businesses identify Half Round Wire correctly for billing, taxation, and trade. With HSN Code 72299014, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Half Round Wire.

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Description of Goods for HSN Code 72299014

HSN Code 72299014 relates to the following description.

Description of Goods

Other : Tinned wire, bronze coated wire, trapezoidal wire, half round wire, crimped wire and copper coated wire, not insulated : Half round wire

Chapter

72 - Iron and steel

Sub Chapter

7229 - Wire of other alloy steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72299014 not include?

Half Round Wire does not include products with the following descriptions.

Other : Tinned wire, bronze coated wire, trapezoidal wire, half round wire, crimped wire and copper coated wire, not insulated : Tinned wire

Other : Tinned wire, bronze coated wire, trapezoidal wire, half round wire, crimped wire and copper coated wire, not insulated : Bronze coated wire

Other : Tinned wire, bronze coated wire, trapezoidal wire, half round wire, crimped wire and copper coated wire, not insulated : Trapezoidal wire

Other : Tinned wire, bronze coated wire, trapezoidal wire, half round wire, crimped wire and copper coated wire, not insulated : Crimped wire

Other : Tinned wire, bronze coated wire, trapezoidal wire, half round wire, crimped wire and copper coated wire, not insulated : Copper coated wire

Other : Electrode quality, wire rope quality and ACSR quality not insulated : Electrode quality

Other : Electrode quality, wire rope quality and ACSR quality not insulated : Wire rope quality

Other : Electrode quality, wire rope quality and ACSR quality not insulated : ACSR quality

Other : Wire (excluding wire type lead), spring, high tensile, hardened and tempered wires, not insulated : Wire (excluding wire type lead)

Other : Wire (excluding wire type lead), spring, high tensile, hardened and tempered wires, not insulated : Spring wire

Other : Wire (excluding wire type lead), spring, high tensile, hardened and tempered wires, not insulated : High tensile wire

Other : Wire (excluding wire type lead), spring, high tensile, hardened and tempered wires, not insulated : Hardened and tempered wire

Other : Electric resistance wire (including electric resistance heating wire)

India’s Trade Performance — HSN Code 72299014 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7219 of 12657 HSN codes

% of Sub-Chapter 7229

FY 2024-25

0.00%

Share of Sub-Chapter 7229’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 7229’s imports

India Export-Import Trade Statistics for HSN Code 72299014

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

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

FY 2023-24

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

FY 2024-25

Balance

−0.03

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7229

Sub-Chapter 7229 total

reference, FY 2024-25

Export

₹132.08 Cr

Import

₹766.70 Cr

Trade Balance

−634.62

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72299014 Export-Import Analysis

Export Snapshot for HSN Code 72299014

India exported ₹0.00 Crore worth of Half Round Wire in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

India Records a Trade Deficit of ₹0.03 Crore in HSN Code 72299014 Goods

In FY 2024-25, India's imports of ₹0.03 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.03 Crore — ranking #7219 of 12657 by surplus magnitude.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72299014 and GST compliance.

What products are classified under HSN 72299014 ?

It includes Electrode Quality Wire (Non-Insulated)

How should mixed supplies be billed when Half Round Wire is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Half Round Wire; Nil for exempt items if applicable).

Any common misclassification issue with Half Round Wire?

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 Half Round Wire?

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 Half Round Wire?

Under HSN 72299014, Half Round Wire attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Half Round Wire?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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.