7220 HSN Code: Stainless steel flat products

HSN Sub Chapter 7220 represents Stainless steel flat products under GST classification. This code helps businesses identify Stainless steel flat products correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7220, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Stainless steel flat products.

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New GST Rate for HSN Code 7220

GST Rate for Stainless steel flat products under HSN Code 7220. 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 stainless steel, of a width of less than 600 mm

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7220

Following tariff HSN codes fall under Stainless steel flat products.

Tariff HSN

Description

Not further worked than hot-rolled : Of a thickness of 4.75 mm or more : Skelp for pipes and tubes

Tariff HSN

Description

Not further worked than hot-rolled : Of a thickness of 4.75 mm or more : Strips for pipes and tubes (other than skelp) : Chromium type

Tariff HSN

Description

Not further worked than hot-rolled : Of a thickness of 4.75 mm or more : Strips for pipes and tubes (other than skelp) : Nickel chromium austenitic type

Tariff HSN

Description

Not further worked than hot-rolled : Of a thickness of 4.75 mm or more : Strips for pipes and tubes (other than skelp) : Other

Tariff HSN

Description

Not further worked than hot-rolled : Of a thickness of 4.75 mm or more : Other

Tariff HSN

Description

Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Skelp for pipes and tubes

Tariff HSN

Description

Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Strips for pipes and tubes (other than skelp) : Chromium type

Tariff HSN

Description

Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Strips for pipes and tubes (other than skelp) : Nickel chromium austenitic type

Tariff HSN

Description

Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Strips for pipes and tubes (other than skelp) : Other

Tariff HSN

Description

Not further worked than hot-rolled : Of a thickness of less than 4.75 mm : Other

Tariff HSN

Description

Not further worked than cold-rolled (cold- reduced) : Skelp for pipes and tubes

Tariff HSN

Description

Not further worked than cold-rolled (cold- reduced) : Strips for pipes and tubes (other than skelp) : Chromium type

Tariff HSN

Description

Not further worked than cold-rolled (cold- reduced) : Strips for pipes and tubes (other than skelp) : Nickel chromium austenitic type

Tariff HSN

Description

Not further worked than cold-rolled (cold- reduced) : Strips for pipes and tubes (other than skelp) : Other

Tariff HSN

Description

Not further worked than cold-rolled (cold- reduced) : Other

Tariff HSN

Description

Other : Skelp (strips for pipes and tubes)

Tariff HSN

Description

Other : Strips for pipes and tubes (other than skelp) : Chromium type

Tariff HSN

Description

Other : Strips for pipes and tubes (other than skelp) : Nickel chromium austenitic type

Tariff HSN

Description

Other : Strips for pipes and tubes (other than skelp) : Other

Tariff HSN

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 7220 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

₹1,425 Cr

−8.07% vs FY 2023-24

0.0385% of India’s total exports

India’s Imports

FY 2024-25

₹1,527 Cr

−18.57% vs FY 2023-24

0.0250% of India’s total imports

Trade Balance

FY 2024-25

−₹103 Cr

Trade Deficit

Surplus rank #724 of 1233 subchapters

% of Chapter 72

FY 2024-25

1.82%

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

Import side: 1.04% of Chapter 72’s imports

Rank Within Chapter 72

FY 2024-25

#12 of 29

Position by export value among subchapters in Chapter 72

Import-side rank: #11 of 29

At a glance

10.08%

Export CAGR

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

#329

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+95.53%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.82%

Contribution to Ch. 72

Share of Chapter 72 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7220

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 #330

Balance

−1,033.04

Exports

800.63 ₹ Cr

0.0349% share

YoY

1.18% of Ch. 72

Imports

1,833.67 ₹ Cr

0.0511% share

YoY

2.08% of Ch. 72

FY 2019-20 Exp. Rank #350

Balance

−1,187.63

Exports

708.08 ₹ Cr

0.0321% share

−11.56% YoY

1.08% of Ch. 72

Imports

1,895.71 ₹ Cr

0.0565% share

+3.38% YoY

2.50% of Ch. 72

FY 2020-21 Exp. Rank #363

Balance

−1,088.76

Exports

727.78 ₹ Cr

0.0338% share

+2.78% YoY

0.81% of Ch. 72

Imports

1,816.54 ₹ Cr

0.0623% share

−4.18% YoY

2.96% of Ch. 72

FY 2021-22 Exp. Rank #293

Balance

−1,263.91

Exports

1,423.04 ₹ Cr

0.0453% share

+95.53% YoY

0.83% of Ch. 72

Imports

2,686.95 ₹ Cr

0.0588% share

+47.92% YoY

2.86% of Ch. 72

FY 2022-23 Exp. Rank #262

Balance

−609.95

Exports

1,824.63 ₹ Cr

0.0504% share

+28.22% YoY

1.71% of Ch. 72

Imports

2,434.58 ₹ Cr

0.0423% share

−9.39% YoY

1.70% of Ch. 72

FY 2023-24 Exp. Rank #298

Balance

−325.97

Exports

1,549.69 ₹ Cr

0.0428% share

−15.07% YoY

1.58% of Ch. 72

Imports

1,875.66 ₹ Cr

0.0334% share

−22.96% YoY

1.21% of Ch. 72

FY 2024-25 Exp. Rank #329

Balance

−102.60

Exports

1,424.68 ₹ Cr

0.0385% share

−8.07% YoY

1.82% of Ch. 72

Imports

1,527.28 ₹ Cr

0.0250% share

−18.57% YoY

1.04% of Ch. 72

CAGR · 7-Year

Exports

10.08% /yr

Imports

−3.00% /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 7220 Export-Import Analysis

Consistent Export Growth: 10.08% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7220 have grown at a compound annual rate of 10.08% over 7 fiscal years, rising from ₹800.63 Crore in FY 2018-19 to ₹1,424.68 Crore in FY 2024-25.

HSN Sub-Chapter 7220 Ranked #329 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7220 ranks #329 out of 1233 subchapters by total export value. Within Chapter 72, it ranks #12 of 29. By trade surplus, it ranks #724 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7220 Exports

The strongest single-year export movement for HSN Sub-Chapter 7220 was recorded in FY 2021-22, when exports surged by 95.53% over the prior year.

India Records a Trade Deficit of ₹102.60 Crore in HSN Sub-Chapter 7220 Goods

In FY 2024-25, India's imports of ₹1,527.28 Cr exceeded exports of ₹1,424.68 Cr, resulting in a trade deficit of ₹102.60 Crore — ranking #724 of 1233 by surplus magnitude.

Import Growth of −3.00% CAGR Signals Stable Import Dependency for Stainless steel flat products

India's imports under HSN Sub-Chapter 7220 have grown at −3.00% CAGR, reaching ₹1,527.28 Crore in FY 2024-25.

HSN Sub-Chapter 7220 Contributes 1.82% of Chapter 72 Exports — Ranked #12

Among the 29 subchapters under Chapter 72, HSN Sub-Chapter 7220 ranks #12 by export value — accounting for 1.82% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.04% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7220 and GST compliance.

What products are classified under HSN 7220

It includes Stainless steel flat products

Can I claim ITC on inputs and services used for Stainless steel flat products?

If your outward supply of Stainless steel flat 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.

What should my invoice and records include for Stainless steel flat 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.

Does MRP, weight or pack size change GST treatment for Stainless steel flat products?

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.

Does packaging or branding change how GST applies to Stainless steel flat products?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Stainless steel flat products 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.

Any special steps when selling Stainless steel flat products 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.

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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