7228 HSN Code: Alloy Steel Bars & Rods

HSN Sub Chapter 7228 represents Alloy Steel Bars & Rods under GST classification. This code helps businesses identify Alloy Steel Bars & Rods correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7228, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Alloy Steel Bars & Rods.

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New GST Rate for HSN Code 7228

GST Rate for Alloy Steel Bars & Rods under HSN Code 7228. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

72

HSN Code

HSN Description

Other bars and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7228

Following tariff HSN codes fall under Alloy Steel Bars & Rods.

Tariff HSN

Description

Bars and rods, of high speed steel : Bright bars

Tariff HSN

Description

Bars and rods, of high speed steel : Other

Tariff HSN

Description

Bars and rods, of silico-manganese steel

Tariff HSN

Description

Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Bright bars : Of alloy tool steel

Tariff HSN

Description

Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Bright bars : Other

Tariff HSN

Description

Lead bearing steel

Tariff HSN

Description

Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Spring steel

Tariff HSN

Description

Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Sulphur bearing steel

Tariff HSN

Description

Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Tool and die steel

Tariff HSN

Description

Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded : Other : Other

Tariff HSN

Description

Other bars and rods, not further worked than forged

Tariff HSN

Description

Other bars and rods, not further worked than cold-formed or cold-finished : Of engine valves and cold heading steel

Tariff HSN

Description

Other bars and rods, not further worked than cold-formed or cold-finished : Other

Tariff HSN

Description

Other bars and rods : Bright bars : Of alloy tool steel

Tariff HSN

Description

Other bars and rods : Bright bars : Other

Tariff HSN

Description

Other bars and rods : Other : Lead bearing steel

Tariff HSN

Description

Other bars and rods : Other : Spring steel

Tariff HSN

Description

Other bars and rods : Other : Sulphur bearing steel

Tariff HSN

Description

Other bars and rods : Other : Tool and die steel

Tariff HSN

Description

Other bars and rods : Other : Other

Tariff HSN

Description

Angles, shapes and sections : Not further worked than hot-rolled, hot-drawn or extruded : Of 80 mm or more

Tariff HSN

Description

Angles, shapes and sections : Not further worked than hot-rolled, hot-drawn or extruded : Of less than 80 mm

Tariff HSN

Description

Angles, shapes and sections : Not further worked than cold-formed or coldfinished : Of 80 mm or more

Tariff HSN

Description

Angles, shapes and sections : Not further worked than cold-formed or coldfinished : Of less than 80 mm

Tariff HSN

Description

Hollow drill bars and rods : Of alloy steel

Tariff HSN

Description

Hollow drill bars and rods : Of non alloy steel, forged

Tariff HSN

Description

Hollow drill bars and rods : Other

India’s Trade Performance — HSN Sub-Chapter 7228 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

₹953 Cr

−15.89% vs FY 2023-24

0.0257% of India’s total exports

India’s Imports

FY 2024-25

₹3,101 Cr

−2.57% vs FY 2023-24

0.0508% of India’s total imports

Trade Balance

FY 2024-25

−₹2,148 Cr

Trade Deficit

Surplus rank #1037 of 1233 subchapters

% of Chapter 72

FY 2024-25

1.22%

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

Import side: 2.11% of Chapter 72’s imports

Rank Within Chapter 72

FY 2024-25

#17 of 29

Position by export value among subchapters in Chapter 72

Import-side rank: #8 of 29

At a glance

7.10%

Export CAGR

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

#400

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+182.38%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.22%

Contribution to Ch. 72

Share of Chapter 72 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7228

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 #380

Balance

−2,364.97

Exports

631.14 ₹ Cr

0.0275% share

YoY

0.93% of Ch. 72

Imports

2,996.11 ₹ Cr

0.0834% share

YoY

3.41% of Ch. 72

FY 2019-20 Exp. Rank #411

Balance

−1,843.05

Exports

497.02 ₹ Cr

0.0225% share

−21.25% YoY

0.76% of Ch. 72

Imports

2,340.07 ₹ Cr

0.0698% share

−21.90% YoY

3.08% of Ch. 72

FY 2020-21 Exp. Rank #434

Balance

−1,384.33

Exports

485.19 ₹ Cr

0.0226% share

−2.38% YoY

0.54% of Ch. 72

Imports

1,869.52 ₹ Cr

0.0642% share

−20.11% YoY

3.05% of Ch. 72

FY 2021-22 Exp. Rank #300

Balance

−1,092.52

Exports

1,370.06 ₹ Cr

0.0437% share

+182.38% YoY

0.80% of Ch. 72

Imports

2,462.58 ₹ Cr

0.0539% share

+31.72% YoY

2.62% of Ch. 72

FY 2022-23 Exp. Rank #337

Balance

−1,806.51

Exports

1,278.64 ₹ Cr

0.0353% share

−6.67% YoY

1.20% of Ch. 72

Imports

3,085.15 ₹ Cr

0.0537% share

+25.28% YoY

2.16% of Ch. 72

FY 2023-24 Exp. Rank #363

Balance

−2,050.19

Exports

1,132.52 ₹ Cr

0.0313% share

−11.43% YoY

1.15% of Ch. 72

Imports

3,182.71 ₹ Cr

0.0567% share

+3.16% YoY

2.06% of Ch. 72

FY 2024-25 Exp. Rank #400

Balance

−2,148.20

Exports

952.60 ₹ Cr

0.0257% share

−15.89% YoY

1.22% of Ch. 72

Imports

3,100.80 ₹ Cr

0.0508% share

−2.57% YoY

2.11% of Ch. 72

CAGR · 7-Year

Exports

7.10% /yr

Imports

0.57% /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 7228 Export-Import Analysis

Consistent Export Growth: 7.10% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7228 have grown at a compound annual rate of 7.10% over 7 fiscal years, rising from ₹631.14 Crore in FY 2018-19 to ₹952.60 Crore in FY 2024-25.

HSN Sub-Chapter 7228 Ranked #400 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7228 ranks #400 out of 1233 subchapters by total export value. Within Chapter 72, it ranks #17 of 29. By trade surplus, it ranks #1037 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7228 Exports

The strongest single-year export movement for HSN Sub-Chapter 7228 was recorded in FY 2021-22, when exports surged by 182.38% over the prior year.

India Records a Trade Deficit of ₹2,148.20 Crore in HSN Sub-Chapter 7228 Goods

In FY 2024-25, India's imports of ₹3,100.80 Cr exceeded exports of ₹952.60 Cr, resulting in a trade deficit of ₹2,148.20 Crore — ranking #1037 of 1233 by surplus magnitude.

Import Growth of 0.57% CAGR Signals Stable Import Dependency for Alloy Steel Bars & Rods

India's imports under HSN Sub-Chapter 7228 have grown at 0.57% CAGR, reaching ₹3,100.80 Crore in FY 2024-25.

HSN Sub-Chapter 7228 Contributes 1.22% of Chapter 72 Exports — Ranked #17

Among the 29 subchapters under Chapter 72, HSN Sub-Chapter 7228 ranks #17 by export value — accounting for 1.22% of the chapter's total exports in FY 2024-25. On the import side, it holds 2.11% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7228 and GST compliance.

What products are classified under HSN 7228

It includes Alloy Steel Bars & Rods

Any import/export nuance for Alloy Steel Bars & Rods?

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.

Does packaging or branding change how GST applies to Alloy Steel Bars & Rods?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Alloy Steel Bars & Rods 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.

Can reverse charge ever apply to transactions involving Alloy Steel Bars & Rods?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Alloy Steel Bars & Rods are forward charge. Check the current notifications for any special cases before deciding.

What misclassification mistakes happen with Alloy Steel Bars & Rods?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

What are the e‑way bill and e‑invoice points while moving Alloy Steel Bars & Rods?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

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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