7215 HSN Code: Steel Bars & Rods

HSN Sub Chapter 7215 represents Steel Bars & Rods under GST classification. This code helps businesses identify Steel Bars & Rods correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7215, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Steel Bars & Rods.

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New GST Rate for HSN Code 7215

GST Rate for Steel Bars & Rods under HSN Code 7215. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

72

HSN Code

7215

HSN Description

Other bars and rods of iron or non-alloy steel

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7215

Following tariff HSN codes fall under Steel Bars & Rods.

Tariff HSN

72151000

Description

Of free-cutting steel, not further worked than cold-formed or cold-finished

Tariff HSN

72155010

Description

Other, not further worked than cold-formed or cold-finished : Mild steel bright bar

Tariff HSN

72155090

Description

Other, not further worked than cold-formed or cold-finished : Other

Tariff HSN

72159010

Description

Other : Plated or coated with zinc

Tariff HSN

72159020

Description

Other : Plated or coated with other base metals

Tariff HSN

72159090

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 7215 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

₹1,188 Cr

−11.21% vs FY 2023-24

0.0321% of India’s total exports

India’s Imports

FY 2024-25

₹128 Cr

−11.77% vs FY 2023-24

0.0021% of India’s total imports

Trade Balance

FY 2024-25

₹1,060 Cr

Trade Surplus

Surplus rank #179 of 1233 subchapters

% of Chapter 72

FY 2024-25

1.52%

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

Import side: 0.09% of Chapter 72’s imports

Rank Within Chapter 72

FY 2024-25

#13 of 29

Position by export value among subchapters in Chapter 72

Import-side rank: #28 of 29

At a glance

15.41%

Export CAGR

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

#354

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+71.72%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.52%

Contribution to Ch. 72

Share of Chapter 72 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7215

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 #422

Balance

+306.62

Exports

502.60 ₹ Cr

0.0219% share

— YoY

0.74% of Ch. 72

Imports

195.98 ₹ Cr

0.0055% share

— YoY

0.22% of Ch. 72

FY 2019-20 Exp. Rank #398

Balance

+369.21

Exports

524.62 ₹ Cr

0.0238% share

+4.38% YoY

0.80% of Ch. 72

Imports

155.41 ₹ Cr

0.0046% share

−20.70% YoY

0.20% of Ch. 72

FY 2020-21 Exp. Rank #420

Balance

+406.62

Exports

516.54 ₹ Cr

0.0240% share

−1.54% YoY

0.57% of Ch. 72

Imports

109.92 ₹ Cr

0.0038% share

−29.27% YoY

0.18% of Ch. 72

FY 2021-22 Exp. Rank #381

Balance

+758.51

Exports

887.02 ₹ Cr

0.0283% share

+71.72% YoY

0.52% of Ch. 72

Imports

128.51 ₹ Cr

0.0028% share

+16.91% YoY

0.14% of Ch. 72

FY 2022-23 Exp. Rank #321

Balance

+1,241.66

Exports

1,408.77 ₹ Cr

0.0389% share

+58.82% YoY

1.32% of Ch. 72

Imports

167.11 ₹ Cr

0.0029% share

+30.04% YoY

0.12% of Ch. 72

FY 2023-24 Exp. Rank #336

Balance

+1,192.89

Exports

1,337.49 ₹ Cr

0.0370% share

−5.06% YoY

1.36% of Ch. 72

Imports

144.60 ₹ Cr

0.0026% share

−13.47% YoY

0.09% of Ch. 72

FY 2024-25 Exp. Rank #354

Balance

+1,059.93

Exports

1,187.51 ₹ Cr

0.0321% share

−11.21% YoY

1.52% of Ch. 72

Imports

127.58 ₹ Cr

0.0021% share

−11.77% YoY

0.09% of Ch. 72

CAGR · 7-Year

Exports

15.41% /yr

Imports

−6.90% /yr

Consistently Surplus
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 7215 Export-Import Analysis

Consistent Export Growth: 15.41% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7215 have grown at a compound annual rate of 15.41% over 7 fiscal years, rising from ₹502.60 Crore in FY 2018-19 to ₹1,187.51 Crore in FY 2024-25.

HSN Sub-Chapter 7215 Ranked #354 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7215 ranks #354 out of 1233 subchapters by total export value. Within Chapter 72, it ranks #13 of 29. By trade surplus, it ranks #179 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7215 Exports

The strongest single-year export movement for HSN Sub-Chapter 7215 was recorded in FY 2021-22, when exports surged by 71.72% over the prior year.

India Maintains a Trade Surplus of ₹1,059.93 Crore in HSN Sub-Chapter 7215 Goods

In FY 2024-25, India's exports of ₹1,187.51 Cr exceeded imports of ₹127.58 Cr, resulting in a trade surplus of ₹1,059.93 Crore — ranking #179 of 1233 by surplus magnitude.

Import Growth of −6.90% CAGR Signals Stable Import Dependency for Steel Bars & Rods

India's imports under HSN Sub-Chapter 7215 have grown at −6.90% CAGR, reaching ₹127.58 Crore in FY 2024-25.

HSN Sub-Chapter 7215 Contributes 1.52% of Chapter 72 Exports — Ranked #13

Among the 29 subchapters under Chapter 72, HSN Sub-Chapter 7215 ranks #13 by export value — accounting for 1.52% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #28).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7215 and GST compliance.

What products are classified under HSN 7215

It includes Steel Bars & Rods

Does packaging or branding change how GST applies to Steel Bars & Rods?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Steel Bars & Rods is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.

If I repair and return Steel Bars & Rods, 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 Steel Bars & Rods?

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.

How are warranty replacements of Steel Bars & Rods handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

What misclassification mistakes happen with Steel Bars & Rods?

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.

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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