---
title: "HSN Code for Shaped and profiled wires | HSN 72299059 GST Rate"
description: "Find HSN and GST Rates for 72299059 related to Shaped and profiled wires with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-72299059/"
---

# HSN Code 72299059: Shaped and profiled wires

- [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 7229: Alloy Steel Wire](https://busy.in/hsn/sub-chapter-7229/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Other : Shaped and profiled wires of cross-section : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 72299059 ?

It includes Other : Other

### Do e‑way bill and e‑invoice apply for Shaped and profiled wires?

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.

### Does packaging or labelling change the GST for Shaped and profiled wires?

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 Shaped and profiled wires?

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

### Can we claim ITC on inputs used to trade Shaped and profiled wires?

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

### How should mixed supplies be billed when Shaped and profiled wires is sold with other items?

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

## India's trade performance: HSN Code 72299059 (FY 2024-25)

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

- Exports: < ₹1 Crore (+66.67% YoY) — 0.0000% of India's total exports
- Imports: ₹8 Cr (+26.63% YoY) — 0.0001% of India's total imports
- Trade balance: −₹8 Cr (Deficit); surplus rank #8867 of 12657 HSN codes
- Share of Sub-Chapter 7229: 0.04% of its exports; import side 0.99%
- Rank within Sub-Chapter 7229: #10 of 24 by export value; import-side #9

### Key metrics

- Export CAGR: -26.22% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #10034 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +6,250.00% in FY 2021-22
- Contribution to Sub-Ch. 7229: 0.04% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 72299059

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. 7229 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7229 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.28% | 7.38 | 0.0002% | — | 0.89% | −7.07 | #8518 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −45.16% | 0.20% | 6.17 | 0.0002% | −16.40% | 1.24% | −6.00 | #8918 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | +17.65% | 0.25% | 4.90 | 0.0002% | −20.58% | 1.06% | −4.70 | #8869 |
| FY 2021-22 | 12.70 | 0.0004% | +6,250.00% | 6.22% | 5.26 | 0.0001% | +7.35% | 0.69% | +7.44 | #5179 |
| FY 2022-23 | 1.06 | 0.0000% | −91.65% | 0.74% | 6.27 | 0.0001% | +19.20% | 0.87% | −5.21 | #8053 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −97.17% | 0.02% | 5.97 | 0.0001% | −4.78% | 0.76% | −5.94 | #10223 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | +66.67% | 0.04% | 7.56 | 0.0001% | +26.63% | 0.99% | −7.51 | #10034 |

- CAGR (7-year): exports -26.22%/yr, imports 0.40%/yr (consistently Deficit)

## Key trade insights: HSN Code 72299059 export-import analysis

### Export decline: -26.22% CAGR over 7 years

India's exports under HSN Code 72299059 have declined at a compound annual rate of -26.22% over 7 fiscal years, falling from ₹0.31 Crore in FY 2018-19 to ₹0.05 Crore in FY 2024-25.

### HSN Code 72299059 ranked #10034 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 72299059 ranks #10034 out of 12657 HSN codes by total export value. Within Sub-Chapter 7229, it ranks #10 of 24. By trade surplus, it ranks #8867 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 72299059 exports

The strongest single-year export movement for HSN Code 72299059 was recorded in FY 2021-22, when exports surged by 6,250.00% over the prior year.

### India records a trade deficit of ₹7.51 Crore in HSN Code 72299059 goods

In FY 2024-25, India's imports of ₹7.56 Cr exceeded exports of ₹0.05 Cr, resulting in a trade deficit of ₹7.51 Crore — ranking #8867 of 12657 by surplus magnitude.

### Import growth of 0.40% CAGR signals stable import dependency for Shaped and profiled wires

India's imports under HSN Code 72299059 have grown at 0.40% CAGR, reaching ₹7.56 Crore in FY 2024-25.

### HSN Code 72299059 contributes 0.04% of Sub-Chapter 7229 exports — ranked #10

Among the 24 HSN codes under Sub-Chapter 7229, HSN Code 72299059 ranks #10 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.99% share (rank #9).

## Related HSN Codes in Sub-Chapter 7229

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 72299016: Copper Coated Wire](https://busy.in/hsn/hsn-72299016/) | ₹47 Cr |
| #2 | [HSN Code 72299090: Other : Other](https://busy.in/hsn/hsn-72299090/) | ₹37 Cr |
| #3 | [HSN Code 72299032: Spring Wire](https://busy.in/hsn/hsn-72299032/) | ₹24 Cr |
| #4 | [HSN Code 72299011: Tinned Wire](https://busy.in/hsn/hsn-72299011/) | ₹16 Cr |
| #5 | [HSN Code 72299040: Other : Other wire](https://busy.in/hsn/hsn-72299040/) | ₹3 Cr |
| #6 | [HSN Code 72299021: Electrode Quality Wire (Non-Insulated)](https://busy.in/hsn/hsn-72299021/) | ₹2 Cr |
| #7 | [HSN Code 72292000: Of silico-manganese steel](https://busy.in/hsn/hsn-72292000/) | ₹2 Cr |
| #8 | [HSN Code 72299022: Wire Rope Quality Steel Wire](https://busy.in/hsn/hsn-72299022/) | < ₹1 Crore |
| #9 | [HSN Code 72299060: Electric Resistance Wire, Including Heating Wire](https://busy.in/hsn/hsn-72299060/) | < ₹1 Crore |
| #10 | HSN Code 72299059: Shaped and profiled wires (this hsn code) | < ₹1 Crore |