HSN Code 72299021: Electrode Quality Wire (Non-Insulated)
HSN Code 72299021 represents Electrode Quality Wire (Non-Insulated) under GST classification. This code helps businesses identify Electrode Quality Wire (Non-Insulated) correctly for billing, taxation, and trade. With HSN Code 72299021, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Electrode Quality Wire (Non-Insulated).
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Description of Goods for HSN Code 72299021
HSN Code 72299021 relates to the following description.
What does HSN Code 72299021 not include?
Electrode Quality Wire (Non-Insulated) does not include products with the following descriptions.
Wire of other alloy steel of high speed steel
Of silico-manganese steel
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 : Half round 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 : 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 : Other wire
Other : Shaped and profiled wires of cross-section : Half round
Other : Shaped and profiled wires of cross-section : Flat and rectangular
Other : Shaped and profiled wires of cross-section : ‘L’ shape
Other : Shaped and profiled wires of cross-section : ‘Z’ shape
Other : Shaped and profiled wires of cross-section : Other
Other : Electric resistance wire (including electric resistance heating wire)
Other : Crimped wire
Other : Other
Wire of other alloy steel of high speed steel
Of silico-manganese steel
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 : Half round 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 : 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 : Other wire
Other : Shaped and profiled wires of cross-section : Half round
Other : Shaped and profiled wires of cross-section : Flat and rectangular
Other : Shaped and profiled wires of cross-section : ‘L’ shape
Other : Shaped and profiled wires of cross-section : ‘Z’ shape
Other : Shaped and profiled wires of cross-section : Other
Other : Electric resistance wire (including electric resistance heating wire)
Other : Crimped wire
Other : Other
India’s Trade Performance — HSN Code 72299021 in FY 2024-25
India’s Exports
FY 2024-25₹2 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹33 Cr
0.0005% of India’s total imports
Trade Balance
FY 2024-25−₹31 Cr
Surplus rank #9854 of 12657 HSN codes
% of Sub-Chapter 7229
FY 2024-251.81%
Share of Sub-Chapter 7229’s total exports in FY 2024-25
Import side: 4.31% of Sub-Chapter 7229’s imports
Rank Within Sub-Chapter 7229
FY 2024-25#6 of 24
Position by export value among HSN codes in Sub-Chapter 7229
Import-side rank: #3 of 24
At a glance
−7.84%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7440
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+1,005.00%
Peak Growth Year
FY 2022-23 · strongest single-year move
1.81%
Contribution to Sub-Ch. 7229
Share of Sub-Chapter 7229 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 72299021
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−29.64
Exports
3.90 ₹ Cr
0.0002% share
— YoY
3.48% of Sub-Ch. 7229
Imports
33.54 ₹ Cr
0.0009% share
— YoY
4.03% of Sub-Ch. 7229
Balance
−26.30
Exports
1.83 ₹ Cr
0.0001% share
−53.08% YoY
2.19% of Sub-Ch. 7229
Imports
28.13 ₹ Cr
0.0008% share
−16.13% YoY
5.67% of Sub-Ch. 7229
Balance
−20.02
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−87.43% YoY
0.29% of Sub-Ch. 7229
Imports
20.25 ₹ Cr
0.0007% share
−28.01% YoY
4.37% of Sub-Ch. 7229
Balance
−17.71
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+73.91% YoY
0.20% of Sub-Ch. 7229
Imports
18.11 ₹ Cr
0.0004% share
−10.57% YoY
2.38% of Sub-Ch. 7229
Balance
−15.77
Exports
4.42 ₹ Cr
0.0001% share
+1,005.00% YoY
3.08% of Sub-Ch. 7229
Imports
20.19 ₹ Cr
0.0004% share
+11.49% YoY
2.80% of Sub-Ch. 7229
Balance
−21.10
Exports
1.40 ₹ Cr
0.0000% share
−68.33% YoY
1.11% of Sub-Ch. 7229
Imports
22.50 ₹ Cr
0.0004% share
+11.44% YoY
2.87% of Sub-Ch. 7229
Balance
−30.66
Exports
2.39 ₹ Cr
0.0001% share
+70.71% YoY
1.81% of Sub-Ch. 7229
Imports
33.05 ₹ Cr
0.0005% share
+46.89% YoY
4.31% of Sub-Ch. 7229
CAGR · 7-Year
Exports
−7.84% /yr
Imports
−0.25% /yr
reference, FY 2024-25
Export
₹132.08 Cr
Import
₹766.70 Cr
Trade Balance
−634.62
Key Trade Insights: HSN Code 72299021 Export-Import Analysis
Export Decline: −7.84% CAGR Over 7 Years
India's exports under HSN Code 72299021 have declined at a compound annual rate of −7.84% over 7 fiscal years, falling from ₹3.90 Crore in FY 2018-19 to ₹2.39 Crore in FY 2024-25.
HSN Code 72299021 Ranked #7440 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 72299021 ranks #7440 out of 12657 HSN codes by total export value. Within Sub-Chapter 7229, it ranks #6 of 24. By trade surplus, it ranks #9854 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 72299021 Exports
The strongest single-year export movement for HSN Code 72299021 was recorded in FY 2022-23, when exports surged by 1,005.00% over the prior year.
India Records a Trade Deficit of ₹30.66 Crore in HSN Code 72299021 Goods
In FY 2024-25, India's imports of ₹33.05 Cr exceeded exports of ₹2.39 Cr, resulting in a trade deficit of ₹30.66 Crore — ranking #9854 of 12657 by surplus magnitude.
Import Growth of −0.25% CAGR Signals Stable Import Dependency for Electrode Quality Wire (Non-Insulated)
India's imports under HSN Code 72299021 have grown at −0.25% CAGR, reaching ₹33.05 Crore in FY 2024-25.
HSN Code 72299021 Contributes 1.81% of Sub-Chapter 7229 Exports — Ranked #6
Among the 24 HSN codes under Sub-Chapter 7229, HSN Code 72299021 ranks #6 by export value — accounting for 1.81% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.31% share (rank #3).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 72299021 and GST compliance.
What products are classified under HSN 72299021 ?
It includes Wire (Excluding Lead Wire)
How should mixed supplies be billed when Electrode Quality Wire (Non-Insulated) is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Electrode Quality Wire (Non-Insulated); Nil for exempt items if applicable).
Does packaging or labelling change the GST for Electrode Quality Wire (Non-Insulated)?
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.
Any common misclassification issue with Electrode Quality Wire (Non-Insulated)?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Do e‑way bill and e‑invoice apply for Electrode Quality Wire (Non-Insulated)?
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 Electrode Quality Wire (Non-Insulated)?
Under HSN 72299021, Electrode Quality Wire (Non-Insulated) attracts Varies when sold in taxable form. Describe the exact form on the invoice.