HSN Code 72299059: Shaped and profiled wires
HSN Code 72299059 represents Shaped and profiled wires under GST classification. This code helps businesses identify Shaped and profiled wires correctly for billing, taxation, and trade. With HSN Code 72299059, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Shaped and profiled wires.
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Description of Goods for HSN Code 72299059
HSN Code 72299059 relates to the following description.
What does HSN Code 72299059 not include?
Shaped and profiled wires 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 : 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 : 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 : 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 : 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 : 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 : Electric resistance wire (including electric resistance heating wire)
Other : Crimped wire
Other : Other
India’s Trade Performance — HSN Code 72299059 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹8 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹8 Cr
Surplus rank #8867 of 12657 HSN codes
% of Sub-Chapter 7229
FY 2024-250.04%
Share of Sub-Chapter 7229’s total exports in FY 2024-25
Import side: 0.99% of Sub-Chapter 7229’s imports
Rank Within Sub-Chapter 7229
FY 2024-25#10 of 24
Position by export value among HSN codes in Sub-Chapter 7229
Import-side rank: #9 of 24
At a glance
−26.22%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#10034
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+6,250.00%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.04%
Contribution to Sub-Ch. 7229
Share of Sub-Chapter 7229 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
−7.07
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.28% of Sub-Ch. 7229
Imports
7.38 ₹ Cr
0.0002% share
— YoY
0.89% of Sub-Ch. 7229
Balance
−6.00
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−45.16% YoY
0.20% of Sub-Ch. 7229
Imports
6.17 ₹ Cr
0.0002% share
−16.40% YoY
1.24% of Sub-Ch. 7229
Balance
−4.70
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+17.65% YoY
0.25% of Sub-Ch. 7229
Imports
4.90 ₹ Cr
0.0002% share
−20.58% YoY
1.06% of Sub-Ch. 7229
Balance
+7.44
Exports
12.70 ₹ Cr
0.0004% share
+6,250.00% YoY
6.22% of Sub-Ch. 7229
Imports
5.26 ₹ Cr
0.0001% share
+7.35% YoY
0.69% of Sub-Ch. 7229
Balance
−5.21
Exports
1.06 ₹ Cr
0.0000% share
−91.65% YoY
0.74% of Sub-Ch. 7229
Imports
6.27 ₹ Cr
0.0001% share
+19.20% YoY
0.87% of Sub-Ch. 7229
Balance
−5.94
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−97.17% YoY
0.02% of Sub-Ch. 7229
Imports
5.97 ₹ Cr
0.0001% share
−4.78% YoY
0.76% of Sub-Ch. 7229
Balance
−7.51
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+66.67% YoY
0.04% of Sub-Ch. 7229
Imports
7.56 ₹ Cr
0.0001% share
+26.63% YoY
0.99% of Sub-Ch. 7229
CAGR · 7-Year
Exports
−26.22% /yr
Imports
0.40% /yr
reference, FY 2024-25
Export
₹132.08 Cr
Import
₹766.70 Cr
Trade Balance
−634.62
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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 72299059 and GST compliance.
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).