Consistent Export Growth: 3.95% CAGR Over 8 Years
India's exports under HSN Sub-Chapter 7226 have grown at a compound annual rate of 3.95% over 8 fiscal years, rising from ₹88.51 Crore in FY 2018-19 to ₹116.08 Crore in FY 2025-26.
HSN Sub Chapter 7226 represents Hot-rolled alloy steel under GST classification. This code helps businesses identify Hot-rolled alloy steel correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7226, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Hot-rolled alloy steel.
Manage correct HSN codes and GST rates with BUSY.
GST Rate for Hot-rolled alloy steel under HSN Code 7226. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Hot-rolled alloy steel.
Tariff HSN
Description
Of silicon-electrical steel : Grain-oriented
Tariff HSN
Description
Of silicon-electrical steel : Other : Hot rolled
Tariff HSN
Description
Of silicon-electrical steel : Other : Cold rolled
Tariff HSN
Description
Of silicon-electrical steel : Other : Other
Tariff HSN
Description
Of high speed steel : Hot-rolled : In coils
Tariff HSN
Description
Of high speed steel : Hot-rolled : Other
Tariff HSN
Description
Of high speed steel : Cold-rolled : In coils
Tariff HSN
Description
Of high speed steel : Cold-rolled : Other
Tariff HSN
Description
Of high speed steel : Hoops and strips
Tariff HSN
Description
Other: Not further worked than hot-rolled : Of a thickness of below 3 mm
Tariff HSN
Description
Other: Not further worked than hot-rolled : Of a thickness of 3 mm and above but not exceeding 4.75 mm
Tariff HSN
Description
Other: Not further worked than hot-rolled : High tensile quality of a thickness of above 4.75 mm
Tariff HSN
Description
Other: Not further worked than hot-rolled : Other
Tariff HSN
Description
Other: Not further worked than cold-rolled (cold- reduced) : Of a thickness of below 3 mm
Tariff HSN
Description
Other: Not further worked than cold-rolled (cold- reduced) : Of a thickness of 3 mm and above but not exceeding 4.75 mm
Tariff HSN
Description
Other: Not further worked than cold-rolled (cold- reduced) : Of a thickness of above 4.75 mm
Tariff HSN
Description
Flat-rolled products of other alloy steel, of a width of less than 600 mm - other: electrolytically plated or coated with zinc
Tariff HSN
Description
Flat-rolled products of other alloy steel, of a width of less than 600 mm - other: otherwise plated or coated with zinc
Tariff HSN
Description
Other: Other : Of a thickness of above 4.75 mm
Tariff HSN
Description
Other: Other : Of a thickness of above 3 mm and but not exceeding 4.75 mm
Tariff HSN
Description
Other: Other : Of a thickness of below 3 mm
Tariff HSN
Description
Other: Other : Skelp (strips for pipes and tubes)
Tariff HSN
Description
Other : Other : Hoops and strips : Hot rolled
Tariff HSN
Description
Other : Other : Hoops and strips : Cold rolled
Tariff HSN
Description
Other : Other : Hoops and strips : Of spring steel, other than skelp
Tariff HSN
Description
Other : Other : Skelps and strips for razor blades and saw blades
Tariff HSN
Description
Other : Other : Plated or coated with zinc : Plain and corrugated
Tariff HSN
Description
Other : Other : Plated or coated with zinc : Electrolytically, plain and corrugated
Tariff HSN
Description
Other : Other : Plated or coated with zinc : Galvannealed
Tariff HSN
Description
Other : Other : Plated or coated with zinc : Other
Tariff HSN
Description
Other : Other :Otherwise coated or plated : With aluminium
Tariff HSN
Description
Other : Other :Otherwise coated or plated : With aluminium-zinc alloys
Tariff HSN
Description
Other : Other :Otherwise coated or plated : Painted, coloured or coated with plastics
Tariff HSN
Description
Other : Other :Otherwise coated or plated : Other
Tariff HSN
Description
Other : Other : Other
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26₹116 Cr
0.0030% of India’s total exports
India’s Imports
FY 2025-26₹1,723 Cr
0.0251% of India’s total imports
Trade Balance
FY 2025-26−₹1,607 Cr
Surplus rank #1004 of 1233 subchapters
% of Chapter 72
FY 2025-260.13%
Share of Chapter 72’s total exports in FY 2025-26
Import side: 1.24% of Chapter 72’s imports
Rank Within Chapter 72
FY 2025-26#29 of 29
Position by export value among subchapters in Chapter 72
Import-side rank: #11 of 29
At a glance
3.95%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#821
National Export Rank
of 1233 subchapters by export value, FY 2025-26
+203.51%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.13%
Contribution to Ch. 72
Share of Chapter 72 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−752.55
Exports
88.51 ₹ Cr
0.0039% share
— YoY
0.13% of Ch. 72
Imports
841.06 ₹ Cr
0.0234% share
— YoY
0.96% of Ch. 72
Balance
−469.72
Exports
85.86 ₹ Cr
0.0039% share
−2.99% YoY
0.13% of Ch. 72
Imports
555.58 ₹ Cr
0.0166% share
−33.94% YoY
0.73% of Ch. 72
Balance
−429.20
Exports
97.77 ₹ Cr
0.0045% share
+13.87% YoY
0.11% of Ch. 72
Imports
526.97 ₹ Cr
0.0181% share
−5.15% YoY
0.86% of Ch. 72
Balance
−698.02
Exports
296.74 ₹ Cr
0.0095% share
+203.51% YoY
0.17% of Ch. 72
Imports
994.76 ₹ Cr
0.0218% share
+88.77% YoY
1.06% of Ch. 72
Balance
−1,202.99
Exports
454.84 ₹ Cr
0.0126% share
+53.28% YoY
0.43% of Ch. 72
Imports
1,657.83 ₹ Cr
0.0288% share
+66.66% YoY
1.16% of Ch. 72
Balance
−1,518.64
Exports
281.61 ₹ Cr
0.0078% share
−38.09% YoY
0.29% of Ch. 72
Imports
1,800.25 ₹ Cr
0.0321% share
+8.59% YoY
1.17% of Ch. 72
Balance
−1,547.77
Exports
185.18 ₹ Cr
0.0050% share
−34.24% YoY
0.24% of Ch. 72
Imports
1,732.95 ₹ Cr
0.0284% share
−3.74% YoY
1.18% of Ch. 72
Balance
−1,607.14
Exports
116.08 ₹ Cr
0.0030% share
−37.32% YoY
0.13% of Ch. 72
Imports
1,723.22 ₹ Cr
0.0251% share
−0.56% YoY
1.24% of Ch. 72
CAGR · 8-Year
Exports
3.95% /yr
Imports
10.79% /yr
reference, FY 2025-26
Export
₹91,267.82 Cr
Import
₹1,38,966.08 Cr
Trade Balance
−47,698.26
India's exports under HSN Sub-Chapter 7226 have grown at a compound annual rate of 3.95% over 8 fiscal years, rising from ₹88.51 Crore in FY 2018-19 to ₹116.08 Crore in FY 2025-26.
In FY 2025-26, HSN Sub-Chapter 7226 ranks #821 out of 1233 subchapters by total export value. Within Chapter 72, it ranks #29 of 29. By trade surplus, it ranks #1004 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7226 was recorded in FY 2021-22, when exports surged by 203.51% over the prior year.
In FY 2025-26, India's imports of ₹1,723.22 Cr exceeded exports of ₹116.08 Cr, resulting in a trade deficit of ₹1,607.14 Crore — ranking #1004 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7226 have grown at 10.79% CAGR, reaching ₹1,723.22 Crore in FY 2025-26.
Among the 29 subchapters under Chapter 72, HSN Sub-Chapter 7226 ranks #29 by export value — accounting for 0.13% of the chapter's total exports in FY 2025-26. On the import side, it holds 1.24% share (rank #11).
Clear answers to common queries about HSN Sub Chapter 7226 and GST compliance.
It includes Hot-rolled alloy steel
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Hot-rolled alloy steel are forward charge. Check the current notifications for any special cases before deciding.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Hot-rolled alloy steel 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.
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.
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.
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.