7208 HSN Code: Hot-rolled iron & steel products

HSN Sub Chapter 7208 represents Hot-rolled iron & steel products under GST classification. This code helps businesses identify Hot-rolled iron & steel products correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7208, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Hot-rolled iron & steel products.

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New GST Rate for HSN Code 7208

GST Rate for Hot-rolled iron & steel products under HSN Code 7208. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

72

HSN Code

HSN Description

Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hotrolled, not clad, plated or coated

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7208

Following tariff HSN codes fall under Hot-rolled iron & steel products.

Tariff HSN

Description

In coils, not further worked than hot-rolled, with patterns in relief

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of 4.75 mm or more : Plates

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of 4.75 mm or more : Universal plates

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of 4.75 mm or more : Sheets

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of 4.75 mm or more : Strip

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of 4.75 mm or more : Other

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of 3 mm or more but less than 4.75 mm : Plates

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of 3 mm or more but less than 4.75 mm : Universal plates

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of 3 mm or more but less than 4.75 mm : Sheets

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of 3 mm or more but less than 4.75 mm : Strip

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of 3 mm or more but less than 4.75 mm : Other

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of less than 3 mm : Plates

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of less than 3 mm : Universal plates

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of less than 3 mm : Sheets

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of less than 3 mm : Strip

Tariff HSN

Description

Other, in coils, not further worked than hotrolled, pickled : Of a thickness of less than 3 mm : Other

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness exceeding 10 mm : Plates

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness exceeding 10 mm : Universal plates

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness exceeding 10 mm : Sheets

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness exceeding 10 mm : Strip

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness exceeding 10 mm : Other

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of 4.75 mm or more but not exceeding 10 mm : Plates

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of 4.75 mm or more but not exceeding 10 mm : Universal plates

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of 4.75 mm or more but not exceeding 10 mm : Sheets

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of 4.75 mm or more but not exceeding 10 mm : Strip

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of 4.75 mm or more but not exceeding 10 mm : Other

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of 3 mm or more but less than 4.75 mm : Plates

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of 3 mm or more but less than 4.75 mm : Universal plates

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of 3 mm or more but less than 4.75 mm : Sheets

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of 3 mm or more but less than 4.75 mm : Strip

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of 3 mm or more but less than 4.75 mm : Other

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of less than 3 mm : Plates

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of less than 3 mm : Universal plates

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of less than 3 mm : Sheets

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of less than 3 mm : Strip

Tariff HSN

Description

Other, in coils, not further worked than hot-rolled: Of a thickness of less than 3 mm : Other

Tariff HSN

Description

Not in coils, not further worked than hot-rolled, with patterns in relief : Plates

Tariff HSN

Description

Not in coils, not further worked than hot-rolled, with patterns in relief : Universal plates

Tariff HSN

Description

Not in coils, not further worked than hot-rolled, with patterns in relief : Sheets

Tariff HSN

Description

Not in coils, not further worked than hot-rolled, with patterns in relief : Strip

Tariff HSN

Description

Not in coils, not further worked than hot-rolled, with patterns in relief : Other

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness exceeding 10 mm : Plates

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness exceeding 10 mm : Universal plates

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness exceeding 10 mm : Sheets

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness exceeding 10 mm : Strip

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness exceeding 10 mm : Other

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of 4.75 mm or more but not exceeding 10 mm : Plates

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of 4.75 mm or more but not exceeding 10 mm : Universal plates

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of 4.75 mm or more but not exceeding 10 mm : Sheets

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of 4.75 mm or more but not exceeding 10 mm : Strip

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of 4.75 mm or more but not exceeding 10 mm : Other

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of 3 mm or more but less than 4.75 mm : Plates

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of 3 mm or more but less than 4.75 mm : Universal plates

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of 3 mm or more but less than 4.75 mm : Sheets

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of 3 mm or more but less than 4.75 mm : Strip

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of 3 mm or more but less than 4.75 mm : Other

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of less than 3 mm : Plates

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of less than 3 mm : Universal plates

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of less than 3 mm : Sheets

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of less than 3 mm : Strip

Tariff HSN

Description

Other, not in coils, not further worked than hot-rolled : Of a thickness of less than 3 mm : Other

Tariff HSN

Description

Other

India’s Trade Performance — HSN Sub-Chapter 7208 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

₹6,913 Cr

−63.24% vs FY 2023-24

0.1867% of India’s total exports

India’s Imports

FY 2024-25

₹22,239 Cr

+8.01% vs FY 2023-24

0.3647% of India’s total imports

Trade Balance

FY 2024-25

−₹15,326 Cr

Trade Deficit

Surplus rank #1172 of 1233 subchapters

% of Chapter 72

FY 2024-25

8.84%

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

Import side: 15.12% of Chapter 72’s imports

Rank Within Chapter 72

FY 2024-25

#4 of 29

Position by export value among subchapters in Chapter 72

Import-side rank: #2 of 29

At a glance

−11.13%

Export CAGR

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

#101

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+71.30%

Peak Growth Year

FY 2021-22 · strongest single-year move

8.84%

Contribution to Ch. 72

Share of Chapter 72 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7208

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 #23

Balance

+3,145.63

Exports

14,028.73 ₹ Cr

0.6112% share

YoY

20.61% of Ch. 72

Imports

10,883.10 ₹ Cr

0.3031% share

YoY

12.37% of Ch. 72

FY 2019-20 Exp. Rank #22

Balance

+8,496.17

Exports

17,085.39 ₹ Cr

0.7735% share

+21.79% YoY

25.98% of Ch. 72

Imports

8,589.22 ₹ Cr

0.2560% share

−21.08% YoY

11.32% of Ch. 72

FY 2020-21 Exp. Rank #13

Balance

+19,397.33

Exports

25,038.30 ₹ Cr

1.1641% share

+46.55% YoY

27.84% of Ch. 72

Imports

5,640.97 ₹ Cr

0.1936% share

−34.33% YoY

9.20% of Ch. 72

FY 2021-22 Exp. Rank #10

Balance

+35,869.56

Exports

42,890.86 ₹ Cr

1.3667% share

+71.30% YoY

25.14% of Ch. 72

Imports

7,021.30 ₹ Cr

0.1536% share

+24.47% YoY

7.47% of Ch. 72

FY 2022-23 Exp. Rank #29

Balance

+4,747.40

Exports

15,878.02 ₹ Cr

0.4385% share

−62.98% YoY

14.85% of Ch. 72

Imports

11,130.62 ₹ Cr

0.1936% share

+58.53% YoY

7.79% of Ch. 72

FY 2023-24 Exp. Rank #24

Balance

−1,780.85

Exports

18,808.13 ₹ Cr

0.5198% share

+18.45% YoY

19.17% of Ch. 72

Imports

20,588.98 ₹ Cr

0.3666% share

+84.98% YoY

13.33% of Ch. 72

FY 2024-25 Exp. Rank #101

Balance

−15,325.93

Exports

6,913.06 ₹ Cr

0.1867% share

−63.24% YoY

8.84% of Ch. 72

Imports

22,238.99 ₹ Cr

0.3647% share

+8.01% YoY

15.12% of Ch. 72

CAGR · 7-Year

Exports

−11.13% /yr

Imports

12.65% /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 7208 Export-Import Analysis

Export Decline: −11.13% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7208 have declined at a compound annual rate of −11.13% over 7 fiscal years, falling from ₹14,028.73 Crore in FY 2018-19 to ₹6,913.06 Crore in FY 2024-25.

HSN Sub-Chapter 7208 Ranked #101 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7208 ranks #101 out of 1233 subchapters by total export value. Within Chapter 72, it ranks #4 of 29. By trade surplus, it ranks #1172 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7208 Exports

The strongest single-year export movement for HSN Sub-Chapter 7208 was recorded in FY 2021-22, when exports surged by 71.30% over the prior year.

India Records a Trade Deficit of ₹15,325.93 Crore in HSN Sub-Chapter 7208 Goods

In FY 2024-25, India's imports of ₹22,238.99 Cr exceeded exports of ₹6,913.06 Cr, resulting in a trade deficit of ₹15,325.93 Crore — ranking #1172 of 1233 by surplus magnitude.

Import Growth of 12.65% CAGR Signals Rising Demand for Hot-rolled iron & steel products

India's imports under HSN Sub-Chapter 7208 have grown at 12.65% CAGR, reaching ₹22,238.99 Crore in FY 2024-25.

HSN Sub-Chapter 7208 Contributes 8.84% of Chapter 72 Exports — Ranked #4

Among the 29 subchapters under Chapter 72, HSN Sub-Chapter 7208 ranks #4 by export value — accounting for 8.84% of the chapter's total exports in FY 2024-25. On the import side, it holds 15.12% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7208 and GST compliance.

What products are classified under HSN 7208

It includes Hot-rolled iron & steel products

What misclassification mistakes happen with Hot-rolled iron & steel products?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

What should my invoice and records include for Hot-rolled iron & steel products?

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 Hot-rolled iron & steel products?

If your outward supply of Hot-rolled iron & steel products 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.

Any import/export nuance for Hot-rolled iron & steel products?

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 Hot-rolled iron & steel products?

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.

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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