HSN Code 72299033: High Tensile Wire

HSN Code 72299033 represents High Tensile Wire under GST classification. This code helps businesses identify High Tensile Wire correctly for billing, taxation, and trade. With HSN Code 72299033, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of High Tensile Wire.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 72299033

HSN Code 72299033 relates to the following description.

Description of Goods

Other : Wire (excluding wire type lead), spring, high tensile, hardened and tempered wires, not insulated : High tensile 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 72299033 not include?

High Tensile 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 : 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 : 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 : Hardened and tempered wire

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

India’s Trade Performance — HSN Code 72299033 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

< ₹1 Crore

+300.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−83.15% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7380 of 12657 HSN codes

% of Sub-Chapter 7229

FY 2024-25

0.03%

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

Import side: 0.02% of Sub-Chapter 7229’s imports

Rank Within Sub-Chapter 7229

FY 2024-25

#11 of 24

Position by export value among HSN codes in Sub-Chapter 7229

Import-side rank: #14 of 24

At a glance

#10112

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+300.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.03%

Contribution to Sub-Ch. 7229

Share of Sub-Chapter 7229 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72299033

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 Exp. Rank #9870

Balance

−0.42

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 7229

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.09% of Sub-Ch. 7229

FY 2020-21

Balance

−0.12

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7229

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−72.09% YoY

0.03% of Sub-Ch. 7229

FY 2021-22 Exp. Rank #8765

Balance

−1.36

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.19% of Sub-Ch. 7229

Imports

1.74 ₹ Cr

0.0000% share

+1,350.00% YoY

0.23% of Sub-Ch. 7229

FY 2022-23 Exp. Rank #8933

Balance

−1.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−5.26% YoY

0.25% of Sub-Ch. 7229

Imports

1.49 ₹ Cr

0.0000% share

−14.37% YoY

0.21% of Sub-Ch. 7229

FY 2023-24 Exp. Rank #10473

Balance

−0.88

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−97.22% YoY

0.01% of Sub-Ch. 7229

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−40.27% YoY

0.11% of Sub-Ch. 7229

FY 2024-25 Exp. Rank #10112

Balance

−0.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+300.00% YoY

0.03% of Sub-Ch. 7229

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−83.15% YoY

0.02% 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 72299033 Export-Import Analysis

Export Snapshot for HSN Code 72299033

India exported ₹0.04 Crore worth of High Tensile Wire in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 72299033 Ranked #10112 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72299033 ranks #10112 out of 12657 HSN codes by total export value. Within Sub-Chapter 7229, it ranks #11 of 24. By trade surplus, it ranks #7380 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 72299033 Exports

The strongest single-year export movement for HSN Code 72299033 was recorded in FY 2024-25, when exports surged by 300.00% over the prior year.

India Records a Trade Deficit of ₹0.11 Crore in HSN Code 72299033 Goods

In FY 2024-25, India's imports of ₹0.15 Cr exceeded exports of ₹0.04 Cr, resulting in a trade deficit of ₹0.11 Crore — ranking #7380 of 12657 by surplus magnitude.

HSN Code 72299033 Contributes 0.03% of Sub-Chapter 7229 Exports — Ranked #11

Among the 24 HSN codes under Sub-Chapter 7229, HSN Code 72299033 ranks #11 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #14).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 72299033 and GST compliance.

What products are classified under HSN 72299033 ?

It includes Shaped, profiled wires: Half round

Does packaging or labelling change the GST for High Tensile 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.

Do e‑way bill and e‑invoice apply for High Tensile Wire?

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.

Any common misclassification issue with High Tensile Wire?

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

How should mixed supplies be billed when High Tensile Wire is sold with other items?

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

Can we claim ITC on inputs used to trade High Tensile 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.