7217 HSN Code: Iron/non-alloy steel wire

HSN Sub Chapter 7217 represents Iron/non-alloy steel wire under GST classification. This code helps businesses identify Iron/non-alloy steel wire correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7217, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Iron/non-alloy steel wire.

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New GST Rate for HSN Code 7217

GST Rate for Iron/non-alloy steel wire under HSN Code 7217. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

72

HSN Code

7217

HSN Description

Wire of iron or non-alloy steel

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7217

Following tariff HSN codes fall under Iron/non-alloy steel wire.

Tariff HSN

72171010

Description

Not plated or coated, whether or not polished : Of a thickness of 18 SWG and below

Tariff HSN

72171020

Description

Not plated or coated, whether or not polished : Of a thickness above 18 SWG but up to 26 SWG

Tariff HSN

72171030

Description

Not plated or coated, whether or not polished : Of a thickness above 26 SWG

Tariff HSN

72172010

Description

Plated or coated with zinc : Of a thickness of 18 SWG and below

Tariff HSN

72172020

Description

Plated or coated with zinc : Of a thickness above 18 SWG but up to 26 SWG

Tariff HSN

72172030

Description

Plated or coated with zinc : Of a thickness above 26 SWG

Tariff HSN

72173010

Description

Plated or coated with other base metals : Of a thickness of 18 SWG and below

Tariff HSN

72173020

Description

Plated or coated with other base metals : Of a thickness above 18 SWG but up to 26 SWG

Tariff HSN

72173030

Description

Plated or coated with other base metals : Of a thickness above 26 SWG

Tariff HSN

72179011

Description

Other : Shaped and profiled wire : Of cross section – half round

Tariff HSN

72179012

Description

Other : Shaped and profiled wire : Of cross section – flat and rectangular

Tariff HSN

72179013

Description

Other : Shaped and profiled wire : Of cross section – ‘z’ shaped

Tariff HSN

72179019

Description

Other : Shaped and profiled wire : Of cross section – other shapes

Tariff HSN

72179091

Description

Other : Other : High tensile quality

Tariff HSN

72179092

Description

Other : Other : Electrode quality

Tariff HSN

72179093

Description

Other : Other : Electric resistance wire (including electric resistance heating wire)

Tariff HSN

72179099

Description

Other : Other : Other

India’s Trade Performance — HSN Sub-Chapter 7217 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

₹463 Cr

+0.56% vs FY 2023-24

0.0125% of India’s total exports

India’s Imports

FY 2024-25

₹961 Cr

−15.17% vs FY 2023-24

0.0158% of India’s total imports

Trade Balance

FY 2024-25

−₹497 Cr

Trade Deficit

Surplus rank #868 of 1233 subchapters

% of Chapter 72

FY 2024-25

0.59%

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

Import side: 0.65% of Chapter 72’s imports

Rank Within Chapter 72

FY 2024-25

#20 of 29

Position by export value among subchapters in Chapter 72

Import-side rank: #16 of 29

At a glance

9.00%

Export CAGR

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

#548

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+134.09%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.59%

Contribution to Ch. 72

Share of Chapter 72 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7217

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 #548

Balance

−1,244.11

Exports

276.30 ₹ Cr

0.0120% share

— YoY

0.41% of Ch. 72

Imports

1,520.41 ₹ Cr

0.0423% share

— YoY

1.73% of Ch. 72

FY 2019-20 Exp. Rank #527

Balance

−690.16

Exports

299.91 ₹ Cr

0.0136% share

+8.55% YoY

0.46% of Ch. 72

Imports

990.07 ₹ Cr

0.0295% share

−34.88% YoY

1.31% of Ch. 72

FY 2020-21 Exp. Rank #512

Balance

−564.11

Exports

315.31 ₹ Cr

0.0147% share

+5.13% YoY

0.35% of Ch. 72

Imports

879.42 ₹ Cr

0.0302% share

−11.18% YoY

1.43% of Ch. 72

FY 2021-22 Exp. Rank #403

Balance

−353.63

Exports

738.11 ₹ Cr

0.0235% share

+134.09% YoY

0.43% of Ch. 72

Imports

1,091.74 ₹ Cr

0.0239% share

+24.14% YoY

1.16% of Ch. 72

FY 2022-23 Exp. Rank #515

Balance

−715.77

Exports

484.57 ₹ Cr

0.0134% share

−34.35% YoY

0.45% of Ch. 72

Imports

1,200.34 ₹ Cr

0.0209% share

+9.95% YoY

0.84% of Ch. 72

FY 2023-24 Exp. Rank #541

Balance

−671.49

Exports

460.91 ₹ Cr

0.0127% share

−4.88% YoY

0.47% of Ch. 72

Imports

1,132.40 ₹ Cr

0.0202% share

−5.66% YoY

0.73% of Ch. 72

FY 2024-25 Exp. Rank #548

Balance

−497.13

Exports

463.47 ₹ Cr

0.0125% share

+0.56% YoY

0.59% of Ch. 72

Imports

960.60 ₹ Cr

0.0158% share

−15.17% YoY

0.65% of Ch. 72

CAGR · 7-Year

Exports

9.00% /yr

Imports

−7.37% /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 7217 Export-Import Analysis

Consistent Export Growth: 9.00% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7217 have grown at a compound annual rate of 9.00% over 7 fiscal years, rising from ₹276.30 Crore in FY 2018-19 to ₹463.47 Crore in FY 2024-25.

HSN Sub-Chapter 7217 Ranked #548 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7217 ranks #548 out of 1233 subchapters by total export value. Within Chapter 72, it ranks #20 of 29. By trade surplus, it ranks #868 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7217 Exports

The strongest single-year export movement for HSN Sub-Chapter 7217 was recorded in FY 2021-22, when exports surged by 134.09% over the prior year.

India Records a Trade Deficit of ₹497.13 Crore in HSN Sub-Chapter 7217 Goods

In FY 2024-25, India's imports of ₹960.60 Cr exceeded exports of ₹463.47 Cr, resulting in a trade deficit of ₹497.13 Crore — ranking #868 of 1233 by surplus magnitude.

Import Growth of −7.37% CAGR Signals Stable Import Dependency for Iron/non-alloy steel wire

India's imports under HSN Sub-Chapter 7217 have grown at −7.37% CAGR, reaching ₹960.60 Crore in FY 2024-25.

HSN Sub-Chapter 7217 Contributes 0.59% of Chapter 72 Exports — Ranked #20

Among the 29 subchapters under Chapter 72, HSN Sub-Chapter 7217 ranks #20 by export value — accounting for 0.59% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.65% share (rank #16).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7217 and GST compliance.

What products are classified under HSN 7217

It includes Iron/non-alloy steel wire

Is the composition scheme suitable if I mainly trade Iron/non-alloy steel wire?

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.

How should I document Iron/non-alloy steel wire sent for job work?

Use a delivery challan for sending Iron/non-alloy steel wire to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

Do spares or accessories of Iron/non-alloy steel wire follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

Any import/export nuance for Iron/non-alloy steel wire?

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 are warranty replacements of Iron/non-alloy steel wire 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.

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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