---
title: "7214 HSN Code | HSN Code for Iron or steel rods and bars in India"
description: "Know more about 7214 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 7214 covering Iron or steel rods and bars."
canonical: "https://busy.in/hsn/sub-chapter-7214/"
---

# HSN Sub-chapter 7214: Iron or steel rods and bars

Other bars and rods of iron or non-alloy steel, not further worked than forged, hotrolled, hot-drawn or hot-extruded, but including those twisted after rolling

Part of [Chapter 72: Iron & Steel](https://busy.in/hsn/chapter-72/).

- Current GST rate: 18%
- Earlier GST rate: 18%

## HSN codes

| Code | Title |
| --- | --- |
| 72141010 | [Forged – Spring steel quality](https://busy.in/hsn/hsn-72141010/) |
| 72141090 | [Forged – Other](https://busy.in/hsn/hsn-72141090/) |
| 72142010 | [Spring Steel Quality with Indentations or Ribs](https://busy.in/hsn/hsn-72142010/) |
| 72142090 | [Twisted/Rolled Steel with Indentations or Ribs](https://busy.in/hsn/hsn-72142090/) |
| 72143000 | [Other, Of Free Cutting Steel](https://busy.in/hsn/hsn-72143000/) |
| 72149110 | [Mild Steel Bright Bar (Rectangular)](https://busy.in/hsn/hsn-72149110/) |
| 72149190 | [Rectangular cross-section: Other](https://busy.in/hsn/hsn-72149190/) |
| 72149910 | [Other \| Other \| Of Spring Steel Quality](https://busy.in/hsn/hsn-72149910/) |
| 72149990 | [Other bars and rods of iron or non-alloy steel \| Other](https://busy.in/hsn/hsn-72149990/) |

## Frequently asked questions

### What products are classified under HSN 7214

It includes Iron or steel rods and bars

### Is the composition scheme suitable if I mainly trade Iron or steel rods and bars?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

### Any special steps when selling Iron or steel rods and bars through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

### What should my invoice and records include for Iron or steel rods and bars?

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.

### If I repair and return Iron or steel rods and bars, 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.

### What are the e‑way bill and e‑invoice points while moving Iron or steel rods and bars?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

## India's trade performance: HSN Sub-Chapter 7214 (FY 2024-25)

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

- Exports: ₹533 Cr (−9.43% YoY) — 0.0144% of India's total exports
- Imports: ₹827 Cr (+25.84% YoY) — 0.0136% of India's total imports
- Trade balance: −₹293 Cr (Deficit); surplus rank #820 of 1233 sub-chapters
- Share of Chapter 72: 0.68% of its exports; import side 0.56%
- Rank within Chapter 72: #19 of 29 by export value; import-side #17

### Key metrics

- Export CAGR: -11.31% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #519 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +173.28% in FY 2021-22
- Contribution to Ch. 72: 0.68% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 7214

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 Ch. 72 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 72 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 1,095.56 | 0.0477% | — | 1.61% | 1,013.37 | 0.0282% | — | 1.15% | +82.19 | #281 |
| FY 2019-20 | 1,200.73 | 0.0544% | +9.60% | 1.83% | 965.24 | 0.0288% | −4.75% | 1.27% | +235.49 | #253 |
| FY 2020-21 | 1,924.52 | 0.0895% | +60.28% | 2.14% | 487.34 | 0.0167% | −49.51% | 0.80% | +1,437.18 | #196 |
| FY 2021-22 | 5,259.33 | 0.1676% | +173.28% | 3.08% | 155.08 | 0.0034% | −68.18% | 0.16% | +5,104.25 | #108 |
| FY 2022-23 | 774.65 | 0.0214% | −85.27% | 0.72% | 448.74 | 0.0078% | +189.36% | 0.31% | +325.91 | #420 |
| FY 2023-24 | 588.89 | 0.0163% | −23.98% | 0.60% | 657.04 | 0.0117% | +46.42% | 0.43% | −68.15 | #483 |
| FY 2024-25 | 533.36 | 0.0144% | −9.43% | 0.68% | 826.79 | 0.0136% | +25.84% | 0.56% | −293.43 | #519 |

- CAGR (7-year): exports -11.31%/yr, imports -3.33%/yr (consistently Deficit)

## Key trade insights: HSN Sub-Chapter 7214 export-import analysis

### Export decline: -11.31% CAGR over 7 years

India's exports under HSN Sub-Chapter 7214 have declined at a compound annual rate of -11.31% over 7 fiscal years, falling from ₹1,095.56 Crore in FY 2018-19 to ₹533.36 Crore in FY 2024-25.

### HSN Sub-Chapter 7214 ranked #519 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 7214 ranks #519 out of 1233 sub-chapters by total export value. Within Chapter 72, it ranks #19 of 29. By trade surplus, it ranks #820 of 1233.

### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 7214 exports

The strongest single-year export movement for HSN Sub-Chapter 7214 was recorded in FY 2021-22, when exports surged by 173.28% over the prior year.

### India records a trade deficit of ₹293.43 Crore in HSN Sub-Chapter 7214 goods

In FY 2024-25, India's imports of ₹826.79 Cr exceeded exports of ₹533.36 Cr, resulting in a trade deficit of ₹293.43 Crore — ranking #820 of 1233 by surplus magnitude.

### Import growth of -3.33% CAGR signals stable import dependency for Iron or steel rods and bars

India's imports under HSN Sub-Chapter 7214 have grown at -3.33% CAGR, reaching ₹826.79 Crore in FY 2024-25.

### HSN Sub-Chapter 7214 contributes 0.68% of Chapter 72 exports — ranked #19

Among the 29 sub-chapters under Chapter 72, HSN Sub-Chapter 7214 ranks #19 by export value — accounting for 0.68% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.56% share (rank #17).

## Related Sub-Chapters in Chapter 72

Ranked by export value (FY 2024-25).

| Rank | HSN Sub-Chapter | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Sub-Chapter 7202: Ferro-alloys](https://busy.in/hsn/sub-chapter-7202/) | ₹21,917 Cr |
| #2 | [HSN Sub-Chapter 7222: Knitted clothing articles](https://busy.in/hsn/sub-chapter-7222/) | ₹9,436 Cr |
| #3 | [HSN Sub-Chapter 7210: Flat Steel (>600 mm)](https://busy.in/hsn/sub-chapter-7210/) | ₹8,733 Cr |
| #4 | [HSN Sub-Chapter 7208: Hot-rolled iron & steel products](https://busy.in/hsn/sub-chapter-7208/) | ₹6,913 Cr |
| #5 | [HSN Sub-Chapter 7219: Stainless steel flat products](https://busy.in/hsn/sub-chapter-7219/) | ₹4,569 Cr |
| #6 | [HSN Sub-Chapter 7203: Ferrous products, iron 99.94% purity](https://busy.in/hsn/sub-chapter-7203/) | ₹4,077 Cr |
| #7 | [HSN Sub-Chapter 7223: Wire of stainless steel](https://busy.in/hsn/sub-chapter-7223/) | ₹3,561 Cr |
| #8 | [HSN Sub-Chapter 7207: Semi-finished Steel](https://busy.in/hsn/sub-chapter-7207/) | ₹3,154 Cr |
| #9 | [HSN Sub-Chapter 7209: Flat-Rolled Iron Products](https://busy.in/hsn/sub-chapter-7209/) | ₹2,527 Cr |
| #10 | [HSN Sub-Chapter 7224: Other alloy steel products](https://busy.in/hsn/sub-chapter-7224/) | ₹1,500 Cr |
| #19 | HSN Sub-Chapter 7214: Iron or steel rods and bars (this hsn sub-chapter) | ₹533 Cr |

## Other sub-chapters

| Code | Title |
| --- | --- |
| 7201 | [Pig iron](https://busy.in/hsn/sub-chapter-7201/) |
| 7202 | [Ferro-alloys](https://busy.in/hsn/sub-chapter-7202/) |
| 7203 | [Ferrous products, iron 99.94% purity](https://busy.in/hsn/sub-chapter-7203/) |
| 7204 | [Ferrous scrap](https://busy.in/hsn/sub-chapter-7204/) |
| 7205 | [Iron Powders](https://busy.in/hsn/sub-chapter-7205/) |
| 7206 | [Primary Iron & Steel](https://busy.in/hsn/sub-chapter-7206/) |
| 7207 | [Semi-finished Steel](https://busy.in/hsn/sub-chapter-7207/) |
| 7208 | [Hot-rolled iron & steel products](https://busy.in/hsn/sub-chapter-7208/) |
| 7209 | [Flat-Rolled Iron Products](https://busy.in/hsn/sub-chapter-7209/) |
| 7210 | [Flat Steel (>600 mm)](https://busy.in/hsn/sub-chapter-7210/) |
| 7211 | [Flat-rolled iron & steel products](https://busy.in/hsn/sub-chapter-7211/) |
| 7212 | [Flat Iron & Steel](https://busy.in/hsn/sub-chapter-7212/) |
| 7213 | [Wood pulp products](https://busy.in/hsn/sub-chapter-7213/) |
| 7215 | [Steel Bars & Rods](https://busy.in/hsn/sub-chapter-7215/) |
| 7216 | [Iron anchors and grapnels](https://busy.in/hsn/sub-chapter-7216/) |
| 7217 | [Iron/non-alloy steel wire](https://busy.in/hsn/sub-chapter-7217/) |
| 7218 | [Stainless steel products](https://busy.in/hsn/sub-chapter-7218/) |
| 7219 | [Stainless steel flat products](https://busy.in/hsn/sub-chapter-7219/) |
| 7220 | [Stainless steel flat products](https://busy.in/hsn/sub-chapter-7220/) |
| 7221 | [Stainless steel bars and rods](https://busy.in/hsn/sub-chapter-7221/) |
| 7222 | [Knitted clothing articles](https://busy.in/hsn/sub-chapter-7222/) |
| 7223 | [Wire of stainless steel](https://busy.in/hsn/sub-chapter-7223/) |
| 7224 | [Other alloy steel products](https://busy.in/hsn/sub-chapter-7224/) |
| 7225 | [Alloy steel flat products](https://busy.in/hsn/sub-chapter-7225/) |
| 7226 | [Hot-rolled alloy steel](https://busy.in/hsn/sub-chapter-7226/) |
| 7227 | [Aluminum fittings](https://busy.in/hsn/sub-chapter-7227/) |
| 7228 | [Alloy Steel Bars & Rods](https://busy.in/hsn/sub-chapter-7228/) |
| 7229 | [Alloy Steel Wire](https://busy.in/hsn/sub-chapter-7229/) |