7216 HSN Code: Iron anchors and grapnels

HSN Sub Chapter 7216 represents Iron anchors and grapnels under GST classification. This code helps businesses identify Iron anchors and grapnels correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7216, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Iron anchors and grapnels.

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New GST Rate for HSN Code 7216

GST Rate for Iron anchors and grapnels under HSN Code 7216. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

72

HSN Code

7216

HSN Description

Angles, shapes and sections of iron or nonalloy steel

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7216

Following tariff HSN codes fall under Iron anchors and grapnels.

Tariff HSN

72161000

Description

U, I or H sections, not further worked than hot- rolled,hot-drawn or extruded, of a height of less than 80 mm

Tariff HSN

72162100

Description

L or T sections, not further worked than hotrolled, hot-drawn or extruded, of a height of less than 80 mm : L sections

Tariff HSN

72162200

Description

L or T sections, not further worked than hotrolled, hot-drawn or extruded, of a height of less than 80 mm : T sections

Tariff HSN

72163100

Description

U, I or H sections, not further worked than hot-rolled, hot-drawn or extruded of a height of 80 mm or more : U sections

Tariff HSN

72163200

Description

U, I or H sections, not further worked than hot-rolled, hot-drawn or extruded of a height of 80 mm or more : I sections

Tariff HSN

72163300

Description

U, I or H sections, not further worked than hot-rolled, hot-drawn or extruded of a height of 80 mm or more : H sections

Tariff HSN

72164000

Description

L or T sections, not further worked than hot-rolled, hot-drawn or extruded, of a height of 80 mm or more

Tariff HSN

72165000

Description

Other angles, shapes and sections, not further worked than hot-rolled, hot-drawn or extruded

Tariff HSN

72166100

Description

Angles, shapes and sections, not further worked than cold-formed or cold-finished : Obtained from flat-rolled products

Tariff HSN

72166900

Description

Angles, shapes and sections, not further worked than cold-formed or cold-finished : Other

Tariff HSN

72169100

Description

Other: Cold-formed or cold-finished from flat rolled products

Tariff HSN

72169910

Description

Other: Other : Plated or coated with zinc

Tariff HSN

72169920

Description

Other: Other : Plated or coated with base metals other than zinc

Tariff HSN

72169930

Description

Other: Other : Slotted angles and slotted channels

Tariff HSN

72169940

Description

Other: Other : Forged

Tariff HSN

72169990

Description

Other: Other : Other

India’s Trade Performance — HSN Sub-Chapter 7216 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

₹661 Cr

−19.12% vs FY 2023-24

0.0179% of India’s total exports

India’s Imports

FY 2024-25

₹279 Cr

−0.28% vs FY 2023-24

0.0046% of India’s total imports

Trade Balance

FY 2024-25

₹383 Cr

Trade Surplus

Surplus rank #278 of 1233 subchapters

% of Chapter 72

FY 2024-25

0.85%

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

Import side: 0.19% of Chapter 72’s imports

Rank Within Chapter 72

FY 2024-25

#18 of 29

Position by export value among subchapters in Chapter 72

Import-side rank: #26 of 29

At a glance

0.74%

Export CAGR

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

#471

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+102.97%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.85%

Contribution to Ch. 72

Share of Chapter 72 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7216

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 #379

Balance

+406.43

Exports

632.59 ₹ Cr

0.0276% share

— YoY

0.93% of Ch. 72

Imports

226.16 ₹ Cr

0.0063% share

— YoY

0.26% of Ch. 72

FY 2019-20 Exp. Rank #385

Balance

+291.42

Exports

565.54 ₹ Cr

0.0256% share

−10.60% YoY

0.86% of Ch. 72

Imports

274.12 ₹ Cr

0.0082% share

+21.21% YoY

0.36% of Ch. 72

FY 2020-21 Exp. Rank #387

Balance

+405.83

Exports

615.89 ₹ Cr

0.0286% share

+8.90% YoY

0.68% of Ch. 72

Imports

210.06 ₹ Cr

0.0072% share

−23.37% YoY

0.34% of Ch. 72

FY 2021-22 Exp. Rank #324

Balance

+1,090.62

Exports

1,250.08 ₹ Cr

0.0398% share

+102.97% YoY

0.73% of Ch. 72

Imports

159.46 ₹ Cr

0.0035% share

−24.09% YoY

0.17% of Ch. 72

FY 2022-23 Exp. Rank #324

Balance

+1,236.31

Exports

1,400.38 ₹ Cr

0.0387% share

+12.02% YoY

1.31% of Ch. 72

Imports

164.07 ₹ Cr

0.0029% share

+2.89% YoY

0.11% of Ch. 72

FY 2023-24 Exp. Rank #412

Balance

+538.29

Exports

817.57 ₹ Cr

0.0226% share

−41.62% YoY

0.83% of Ch. 72

Imports

279.28 ₹ Cr

0.0050% share

+70.22% YoY

0.18% of Ch. 72

FY 2024-25 Exp. Rank #471

Balance

+382.71

Exports

661.22 ₹ Cr

0.0179% share

−19.12% YoY

0.85% of Ch. 72

Imports

278.51 ₹ Cr

0.0046% share

−0.28% YoY

0.19% of Ch. 72

CAGR · 7-Year

Exports

0.74% /yr

Imports

3.53% /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 7216 Export-Import Analysis

Consistent Export Growth: 0.74% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7216 have grown at a compound annual rate of 0.74% over 7 fiscal years, rising from ₹632.59 Crore in FY 2018-19 to ₹661.22 Crore in FY 2024-25.

HSN Sub-Chapter 7216 Ranked #471 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7216 ranks #471 out of 1233 subchapters by total export value. Within Chapter 72, it ranks #18 of 29. By trade surplus, it ranks #278 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7216 Exports

The strongest single-year export movement for HSN Sub-Chapter 7216 was recorded in FY 2021-22, when exports surged by 102.97% over the prior year.

India Maintains a Trade Surplus of ₹382.71 Crore in HSN Sub-Chapter 7216 Goods

In FY 2024-25, India's exports of ₹661.22 Cr exceeded imports of ₹278.51 Cr, resulting in a trade surplus of ₹382.71 Crore — ranking #278 of 1233 by surplus magnitude.

Import Growth of 3.53% CAGR Signals Stable Import Dependency for Iron anchors and grapnels

India's imports under HSN Sub-Chapter 7216 have grown at 3.53% CAGR, reaching ₹278.51 Crore in FY 2024-25.

HSN Sub-Chapter 7216 Contributes 0.85% of Chapter 72 Exports — Ranked #18

Among the 29 subchapters under Chapter 72, HSN Sub-Chapter 7216 ranks #18 by export value — accounting for 0.85% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.19% share (rank #26).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7216 and GST compliance.

What products are classified under HSN 7216

It includes Iron anchors and grapnels

Can reverse charge ever apply to transactions involving Iron anchors and grapnels?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Iron anchors and grapnels are forward charge. Check the current notifications for any special cases before deciding.

How do I bill a kit or combo that includes Iron anchors and grapnels?

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.

Does packaging or branding change how GST applies to Iron anchors and grapnels?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Iron anchors and grapnels 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 Iron anchors and grapnels, 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.

Does MRP, weight or pack size change GST treatment for Iron anchors and grapnels?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

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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