7226 HSN Code: Hot-rolled alloy steel

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.

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New GST Rate for HSN Code 7226

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.

Chapter No

72

HSN Code

7226

HSN Description

Flat-rolled products of other alloy 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 7226

Following tariff HSN codes fall under Hot-rolled alloy steel.

Tariff HSN

72261100

Description

Of silicon-electrical steel : Grain-oriented

Tariff HSN

72261910

Description

Of silicon-electrical steel : Other : Hot rolled

Tariff HSN

72261920

Description

Of silicon-electrical steel : Other : Cold rolled

Tariff HSN

72261990

Description

Of silicon-electrical steel : Other : Other

Tariff HSN

72262011

Description

Of high speed steel : Hot-rolled : In coils

Tariff HSN

72262012

Description

Of high speed steel : Hot-rolled : Other

Tariff HSN

72262021

Description

Of high speed steel : Cold-rolled : In coils

Tariff HSN

72262022

Description

Of high speed steel : Cold-rolled : Other

Tariff HSN

72262030

Description

Of high speed steel : Hoops and strips

Tariff HSN

72269110

Description

Other: Not further worked than hot-rolled : Of a thickness of below 3 mm

Tariff HSN

72269120

Description

Other: Not further worked than hot-rolled : Of a thickness of 3 mm and above but not exceeding 4.75 mm

Tariff HSN

72269130

Description

Other: Not further worked than hot-rolled : High tensile quality of a thickness of above 4.75 mm

Tariff HSN

72269190

Description

Other: Not further worked than hot-rolled : Other

Tariff HSN

72269210

Description

Other: Not further worked than cold-rolled (cold- reduced) : Of a thickness of below 3 mm

Tariff HSN

72269220

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

72269230

Description

Other: Not further worked than cold-rolled (cold- reduced) : Of a thickness of above 4.75 mm

Tariff HSN

72269300

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

72269400

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

72269910

Description

Other: Other : Of a thickness of above 4.75 mm

Tariff HSN

72269920

Description

Other: Other : Of a thickness of above 3 mm and but not exceeding 4.75 mm

Tariff HSN

72269930

Description

Other: Other : Of a thickness of below 3 mm

Tariff HSN

72269940

Description

Other: Other : Skelp (strips for pipes and tubes)

Tariff HSN

72269951

Description

Other : Other : Hoops and strips : Hot rolled

Tariff HSN

72269952

Description

Other : Other : Hoops and strips : Cold rolled

Tariff HSN

72269953

Description

Other : Other : Hoops and strips : Of spring steel, other than skelp

Tariff HSN

72269960

Description

Other : Other : Skelps and strips for razor blades and saw blades

Tariff HSN

72269971

Description

Other : Other : Plated or coated with zinc : Plain and corrugated

Tariff HSN

72269972

Description

Other : Other : Plated or coated with zinc : Electrolytically, plain and corrugated

Tariff HSN

72269973

Description

Other : Other : Plated or coated with zinc : Galvannealed

Tariff HSN

72269979

Description

Other : Other : Plated or coated with zinc : Other

Tariff HSN

72269981

Description

Other : Other :Otherwise coated or plated : With aluminium

Tariff HSN

72269982

Description

Other : Other :Otherwise coated or plated : With aluminium-zinc alloys

Tariff HSN

72269983

Description

Other : Other :Otherwise coated or plated : Painted, coloured or coated with plastics

Tariff HSN

72269989

Description

Other : Other :Otherwise coated or plated : Other

Tariff HSN

72269990

Description

Other : Other : Other

India’s Trade Performance — HSN Sub-Chapter 7226 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

₹185 Cr

−34.24% vs FY 2023-24

0.0050% of India’s total exports

India’s Imports

FY 2024-25

₹1,733 Cr

−3.74% vs FY 2023-24

0.0284% of India’s total imports

Trade Balance

FY 2024-25

−₹1,548 Cr

Trade Deficit

Surplus rank #1004 of 1233 subchapters

% of Chapter 72

FY 2024-25

0.24%

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

Import side: 1.18% of Chapter 72’s imports

Rank Within Chapter 72

FY 2024-25

#27 of 29

Position by export value among subchapters in Chapter 72

Import-side rank: #10 of 29

At a glance

13.09%

Export CAGR

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

#715

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+203.51%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.24%

Contribution to Ch. 72

Share of Chapter 72 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7226

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 #739

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

FY 2019-20 Exp. Rank #752

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

FY 2020-21 Exp. Rank #728

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

FY 2021-22 Exp. Rank #586

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

FY 2022-23 Exp. Rank #528

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

FY 2023-24 Exp. Rank #630

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

FY 2024-25 Exp. Rank #715

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

CAGR · 7-Year

Exports

13.09% /yr

Imports

12.80% /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 7226 Export-Import Analysis

Consistent Export Growth: 13.09% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7226 have grown at a compound annual rate of 13.09% over 7 fiscal years, rising from ₹88.51 Crore in FY 2018-19 to ₹185.18 Crore in FY 2024-25.

HSN Sub-Chapter 7226 Ranked #715 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7226 ranks #715 out of 1233 subchapters by total export value. Within Chapter 72, it ranks #27 of 29. By trade surplus, it ranks #1004 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7226 Exports

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.

India Records a Trade Deficit of ₹1,547.77 Crore in HSN Sub-Chapter 7226 Goods

In FY 2024-25, India's imports of ₹1,732.95 Cr exceeded exports of ₹185.18 Cr, resulting in a trade deficit of ₹1,547.77 Crore — ranking #1004 of 1233 by surplus magnitude.

Import Growth of 12.80% CAGR Signals Rising Demand for Hot-rolled alloy steel

India's imports under HSN Sub-Chapter 7226 have grown at 12.80% CAGR, reaching ₹1,732.95 Crore in FY 2024-25.

HSN Sub-Chapter 7226 Contributes 0.24% of Chapter 72 Exports — Ranked #27

Among the 29 subchapters under Chapter 72, HSN Sub-Chapter 7226 ranks #27 by export value — accounting for 0.24% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.18% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7226 and GST compliance.

What products are classified under HSN 7226

It includes Hot-rolled alloy steel

Can reverse charge ever apply to transactions involving 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.

Does packaging or branding change how GST applies to Hot-rolled alloy steel?

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.

Is the composition scheme suitable if I mainly trade Hot-rolled alloy steel?

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.

Any import/export nuance for Hot-rolled alloy steel?

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 Hot-rolled alloy steel 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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