7205 HSN Code: Iron Powders

HSN Sub Chapter 7205 represents Iron Powders under GST classification. This code helps businesses identify Iron Powders correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7205, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Iron Powders.

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New GST Rate for HSN Code 7205

GST Rate for Iron Powders under HSN Code 7205. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

72

HSN Code

7205

HSN Description

Granules and powders, of pig iron, spiegeleisen, iron or steel

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7205

Following tariff HSN codes fall under Iron Powders.

Tariff HSN

72051011

Description

Granules : Of iron : Shot and angular grit

Tariff HSN

72051012

Description

Granules : Of iron : Wire pellets

Tariff HSN

72051019

Description

Granules : Of iron : Other

Tariff HSN

72051021

Description

Granules : Of alloy steel : Shot and angular grit

Tariff HSN

72051022

Description

Granules : Of alloy steel : Wire pellets

Tariff HSN

72051029

Description

Granules : Of alloy steel : Other

Tariff HSN

72051090

Description

Granules : Other

Tariff HSN

72052100

Description

Powders : Of alloy steel

Tariff HSN

72052910

Description

Powders : Other : Of iron

Tariff HSN

72052990

Description

Powders : Other : Other

India’s Trade Performance — HSN Sub-Chapter 7205 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

₹312 Cr

+26.72% vs FY 2023-24

0.0084% of India’s total exports

India’s Imports

FY 2024-25

₹769 Cr

+9.10% vs FY 2023-24

0.0126% of India’s total imports

Trade Balance

FY 2024-25

−₹457 Cr

Trade Deficit

Surplus rank #858 of 1233 subchapters

% of Chapter 72

FY 2024-25

0.40%

Share of Chapter 72’s total exports in FY 2024-25

Import side: 0.52% of Chapter 72’s imports

Rank Within Chapter 72

FY 2024-25

#23 of 29

Position by export value among subchapters in Chapter 72

Import-side rank: #19 of 29

At a glance

8.90%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#620

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+194.18%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.40%

Contribution to Ch. 72

Share of Chapter 72 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7205

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 Exp. Rank #614

Balance

−458.93

Exports

187.07 ₹ Cr

0.0081% share

— YoY

0.27% of Ch. 72

Imports

646.00 ₹ Cr

0.0180% share

— YoY

0.73% of Ch. 72

FY 2019-20 Exp. Rank #389

Balance

+79.45

Exports

550.33 ₹ Cr

0.0249% share

+194.18% YoY

0.84% of Ch. 72

Imports

470.88 ₹ Cr

0.0140% share

−27.11% YoY

0.62% of Ch. 72

FY 2020-21 Exp. Rank #236

Balance

+938.70

Exports

1,399.41 ₹ Cr

0.0651% share

+154.29% YoY

1.56% of Ch. 72

Imports

460.71 ₹ Cr

0.0158% share

−2.16% YoY

0.75% of Ch. 72

FY 2021-22 Exp. Rank #261

Balance

+939.62

Exports

1,602.49 ₹ Cr

0.0511% share

+14.51% YoY

0.94% of Ch. 72

Imports

662.87 ₹ Cr

0.0145% share

+43.88% YoY

0.70% of Ch. 72

FY 2022-23 Exp. Rank #384

Balance

+235.56

Exports

969.00 ₹ Cr

0.0268% share

−39.53% YoY

0.91% of Ch. 72

Imports

733.44 ₹ Cr

0.0128% share

+10.65% YoY

0.51% of Ch. 72

FY 2023-24 Exp. Rank #653

Balance

−458.19

Exports

246.22 ₹ Cr

0.0068% share

−74.59% YoY

0.25% of Ch. 72

Imports

704.41 ₹ Cr

0.0125% share

−3.96% YoY

0.46% of Ch. 72

FY 2024-25 Exp. Rank #620

Balance

−456.50

Exports

312.02 ₹ Cr

0.0084% share

+26.72% YoY

0.40% of Ch. 72

Imports

768.52 ₹ Cr

0.0126% share

+9.10% YoY

0.52% of Ch. 72

CAGR · 7-Year

Exports

8.90% /yr

Imports

2.94% /yr

Consistently Deficit
Chapter 72 total

reference, FY 2024-25

Export

₹78,223.76 Cr

Import

₹1,47,109.35 Cr

Trade Balance

−68,885.59

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

Key Trade Insights: HSN Sub-Chapter 7205 Export-Import Analysis

Consistent Export Growth: 8.90% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7205 have grown at a compound annual rate of 8.90% over 7 fiscal years, rising from ₹187.07 Crore in FY 2018-19 to ₹312.02 Crore in FY 2024-25.

HSN Sub-Chapter 7205 Ranked #620 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7205 ranks #620 out of 1233 subchapters by total export value. Within Chapter 72, it ranks #23 of 29. By trade surplus, it ranks #858 of 1233.

FY 2019-20 Was the Strongest Growth Year for HSN Sub-Chapter 7205 Exports

The strongest single-year export movement for HSN Sub-Chapter 7205 was recorded in FY 2019-20, when exports surged by 194.18% over the prior year.

India Records a Trade Deficit of ₹456.50 Crore in HSN Sub-Chapter 7205 Goods

In FY 2024-25, India's imports of ₹768.52 Cr exceeded exports of ₹312.02 Cr, resulting in a trade deficit of ₹456.50 Crore — ranking #858 of 1233 by surplus magnitude.

Import Growth of 2.94% CAGR Signals Stable Import Dependency for Iron Powders

India's imports under HSN Sub-Chapter 7205 have grown at 2.94% CAGR, reaching ₹768.52 Crore in FY 2024-25.

HSN Sub-Chapter 7205 Contributes 0.40% of Chapter 72 Exports — Ranked #23

Among the 29 subchapters under Chapter 72, HSN Sub-Chapter 7205 ranks #23 by export value — accounting for 0.40% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.52% share (rank #19).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7205 and GST compliance.

What products are classified under HSN 7205

It includes Iron Powders

Any import/export nuance for Iron Powders?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

How do I bill a kit or combo that includes Iron Powders?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

What should my invoice and records include for Iron Powders?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

Can I claim ITC on inputs and services used for Iron Powders?

If your outward supply of Iron Powders is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

If I repair and return Iron Powders, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

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.

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