---
title: "7229 HSN Code | HSN Code for Alloy Steel Wire in India"
description: "Know more about 7229 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 7229 covering Alloy Steel Wire."
canonical: "https://busy.in/hsn/sub-chapter-7229/"
---

# HSN Sub-chapter 7229: Alloy Steel Wire

Wire of other alloy steel

Part of [Chapter 72: Iron & Steel](https://busy.in/hsn/chapter-72/).

- Current GST rate: 18%
- Earlier GST rate: 18%

## HSN codes

| Code | Title |
| --- | --- |
| 72291000 | [Railway Rails](https://busy.in/hsn/hsn-72291000/) |
| 72292000 | [Of silico-manganese steel](https://busy.in/hsn/hsn-72292000/) |
| 72299011 | [Tinned Wire](https://busy.in/hsn/hsn-72299011/) |
| 72299012 | [Bronze Coated Wire](https://busy.in/hsn/hsn-72299012/) |
| 72299013 | [Trapezoidal Wire](https://busy.in/hsn/hsn-72299013/) |
| 72299014 | [Half Round Wire](https://busy.in/hsn/hsn-72299014/) |
| 72299015 | [Crimped Wire](https://busy.in/hsn/hsn-72299015/) |
| 72299016 | [Copper Coated Wire](https://busy.in/hsn/hsn-72299016/) |
| 72299021 | [Electrode Quality Wire (Non-Insulated)](https://busy.in/hsn/hsn-72299021/) |
| 72299022 | [Wire Rope Quality Steel Wire](https://busy.in/hsn/hsn-72299022/) |
| 72299023 | [ACSR Quality Wire (Non-Insulated)](https://busy.in/hsn/hsn-72299023/) |
| 72299031 | [Wire (Excluding Lead Wire)](https://busy.in/hsn/hsn-72299031/) |
| 72299032 | [Spring Wire](https://busy.in/hsn/hsn-72299032/) |
| 72299033 | [High Tensile Wire](https://busy.in/hsn/hsn-72299033/) |
| 72299034 | [Hardened and Tempered Wire](https://busy.in/hsn/hsn-72299034/) |
| 72299040 | [Other : Other wire](https://busy.in/hsn/hsn-72299040/) |
| 72299051 | [Shaped, profiled wires: Half round](https://busy.in/hsn/hsn-72299051/) |
| 72299052 | [Shaped and Profiled Wire: Flat and Rectangular Cross Section](https://busy.in/hsn/hsn-72299052/) |
| 72299053 | [L’ shape wires: Shaped/profiled](https://busy.in/hsn/hsn-72299053/) |
| 72299054 | [Z’ shape wires: Shaped/profiled](https://busy.in/hsn/hsn-72299054/) |
| 72299059 | [Shaped and profiled wires](https://busy.in/hsn/hsn-72299059/) |
| 72299060 | [Electric Resistance Wire, Including Heating Wire](https://busy.in/hsn/hsn-72299060/) |
| 72299070 | [Other : Crimped wire0](https://busy.in/hsn/hsn-72299070/) |
| 72299090 | [Other : Other](https://busy.in/hsn/hsn-72299090/) |

## Frequently asked questions

### What products are classified under HSN 7229

It includes Alloy Steel Wire

### Do spares or accessories of 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.

### What should my invoice and records include for Alloy Steel Wire?

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.

### Is the composition scheme suitable if I mainly trade 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.

### Can I claim ITC on inputs and services used for Alloy Steel Wire?

If your outward supply of Alloy Steel Wire 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.

### Does MRP, weight or pack size change GST treatment for Alloy Steel Wire?

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.

## India's trade performance: HSN Sub-Chapter 7229 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹132 Cr (+4.83% YoY) — 0.0036% of India's total exports
- Imports: ₹767 Cr (−2.35% YoY) — 0.0126% of India's total imports
- Trade balance: −₹635 Cr (Deficit); surplus rank #897 of 1233 sub-chapters
- Share of Chapter 72: 0.17% of its exports; import side 0.52%
- Rank within Chapter 72: #28 of 29 by export value; import-side #20

### Key metrics

- Export CAGR: 2.78% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #786 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +155.74% in FY 2021-22
- Contribution to Ch. 72: 0.17% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 7229

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Ch. 72 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 72 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 112.02 | 0.0049% | — | 0.16% | 831.87 | 0.0232% | — | 0.95% | −719.85 | #704 |
| FY 2019-20 | 83.44 | 0.0038% | −25.51% | 0.13% | 496.13 | 0.0148% | −40.36% | 0.65% | −412.69 | #755 |
| FY 2020-21 | 79.90 | 0.0037% | −4.24% | 0.09% | 463.85 | 0.0159% | −6.51% | 0.76% | −383.95 | #761 |
| FY 2021-22 | 204.34 | 0.0065% | +155.74% | 0.12% | 759.36 | 0.0166% | +63.71% | 0.81% | −555.02 | #656 |
| FY 2022-23 | 143.71 | 0.0040% | −29.67% | 0.13% | 719.95 | 0.0125% | −5.19% | 0.50% | −576.24 | #746 |
| FY 2023-24 | 126.00 | 0.0035% | −12.32% | 0.13% | 785.17 | 0.0140% | +9.06% | 0.51% | −659.17 | #775 |
| FY 2024-25 | 132.08 | 0.0036% | +4.83% | 0.17% | 766.70 | 0.0126% | −2.35% | 0.52% | −634.62 | #786 |

- CAGR (7-year): exports 2.78%/yr, imports -1.35%/yr (consistently Deficit)

## Key trade insights: HSN Sub-Chapter 7229 export-import analysis

### Consistent export growth: 2.78% CAGR over 7 years

India's exports under HSN Sub-Chapter 7229 have grown at a compound annual rate of 2.78% over 7 fiscal years, rising from ₹112.02 Crore in FY 2018-19 to ₹132.08 Crore in FY 2024-25.

### HSN Sub-Chapter 7229 ranked #786 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 7229 ranks #786 out of 1233 sub-chapters by total export value. Within Chapter 72, it ranks #28 of 29. By trade surplus, it ranks #897 of 1233.

### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 7229 exports

The strongest single-year export movement for HSN Sub-Chapter 7229 was recorded in FY 2021-22, when exports surged by 155.74% over the prior year.

### India records a trade deficit of ₹634.62 Crore in HSN Sub-Chapter 7229 goods

In FY 2024-25, India's imports of ₹766.70 Cr exceeded exports of ₹132.08 Cr, resulting in a trade deficit of ₹634.62 Crore — ranking #897 of 1233 by surplus magnitude.

### Import growth of -1.35% CAGR signals stable import dependency for Alloy Steel Wire

India's imports under HSN Sub-Chapter 7229 have grown at -1.35% CAGR, reaching ₹766.70 Crore in FY 2024-25.

### HSN Sub-Chapter 7229 contributes 0.17% of Chapter 72 exports — ranked #28

Among the 29 sub-chapters under Chapter 72, HSN Sub-Chapter 7229 ranks #28 by export value — accounting for 0.17% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.52% share (rank #20).

## Related Sub-Chapters in Chapter 72

Ranked by export value (FY 2024-25).

| Rank | HSN Sub-Chapter | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Sub-Chapter 7202: Ferro-alloys](https://busy.in/hsn/sub-chapter-7202/) | ₹21,917 Cr |
| #2 | [HSN Sub-Chapter 7222: Knitted clothing articles](https://busy.in/hsn/sub-chapter-7222/) | ₹9,436 Cr |
| #3 | [HSN Sub-Chapter 7210: Flat Steel (>600 mm)](https://busy.in/hsn/sub-chapter-7210/) | ₹8,733 Cr |
| #4 | [HSN Sub-Chapter 7208: Hot-rolled iron & steel products](https://busy.in/hsn/sub-chapter-7208/) | ₹6,913 Cr |
| #5 | [HSN Sub-Chapter 7219: Stainless steel flat products](https://busy.in/hsn/sub-chapter-7219/) | ₹4,569 Cr |
| #6 | [HSN Sub-Chapter 7203: Ferrous products, iron 99.94% purity](https://busy.in/hsn/sub-chapter-7203/) | ₹4,077 Cr |
| #7 | [HSN Sub-Chapter 7223: Wire of stainless steel](https://busy.in/hsn/sub-chapter-7223/) | ₹3,561 Cr |
| #8 | [HSN Sub-Chapter 7207: Semi-finished Steel](https://busy.in/hsn/sub-chapter-7207/) | ₹3,154 Cr |
| #9 | [HSN Sub-Chapter 7209: Flat-Rolled Iron Products](https://busy.in/hsn/sub-chapter-7209/) | ₹2,527 Cr |
| #10 | [HSN Sub-Chapter 7224: Other alloy steel products](https://busy.in/hsn/sub-chapter-7224/) | ₹1,500 Cr |
| #28 | HSN Sub-Chapter 7229: Alloy Steel Wire (this hsn sub-chapter) | ₹132 Cr |

## Other sub-chapters

| Code | Title |
| --- | --- |
| 7201 | [Pig iron](https://busy.in/hsn/sub-chapter-7201/) |
| 7202 | [Ferro-alloys](https://busy.in/hsn/sub-chapter-7202/) |
| 7203 | [Ferrous products, iron 99.94% purity](https://busy.in/hsn/sub-chapter-7203/) |
| 7204 | [Ferrous scrap](https://busy.in/hsn/sub-chapter-7204/) |
| 7205 | [Iron Powders](https://busy.in/hsn/sub-chapter-7205/) |
| 7206 | [Primary Iron & Steel](https://busy.in/hsn/sub-chapter-7206/) |
| 7207 | [Semi-finished Steel](https://busy.in/hsn/sub-chapter-7207/) |
| 7208 | [Hot-rolled iron & steel products](https://busy.in/hsn/sub-chapter-7208/) |
| 7209 | [Flat-Rolled Iron Products](https://busy.in/hsn/sub-chapter-7209/) |
| 7210 | [Flat Steel (>600 mm)](https://busy.in/hsn/sub-chapter-7210/) |
| 7211 | [Flat-rolled iron & steel products](https://busy.in/hsn/sub-chapter-7211/) |
| 7212 | [Flat Iron & Steel](https://busy.in/hsn/sub-chapter-7212/) |
| 7213 | [Wood pulp products](https://busy.in/hsn/sub-chapter-7213/) |
| 7214 | [Iron or steel rods and bars](https://busy.in/hsn/sub-chapter-7214/) |
| 7215 | [Steel Bars & Rods](https://busy.in/hsn/sub-chapter-7215/) |
| 7216 | [Iron anchors and grapnels](https://busy.in/hsn/sub-chapter-7216/) |
| 7217 | [Iron/non-alloy steel wire](https://busy.in/hsn/sub-chapter-7217/) |
| 7218 | [Stainless steel products](https://busy.in/hsn/sub-chapter-7218/) |
| 7219 | [Stainless steel flat products](https://busy.in/hsn/sub-chapter-7219/) |
| 7220 | [Stainless steel flat products](https://busy.in/hsn/sub-chapter-7220/) |
| 7221 | [Stainless steel bars and rods](https://busy.in/hsn/sub-chapter-7221/) |
| 7222 | [Knitted clothing articles](https://busy.in/hsn/sub-chapter-7222/) |
| 7223 | [Wire of stainless steel](https://busy.in/hsn/sub-chapter-7223/) |
| 7224 | [Other alloy steel products](https://busy.in/hsn/sub-chapter-7224/) |
| 7225 | [Alloy steel flat products](https://busy.in/hsn/sub-chapter-7225/) |
| 7226 | [Hot-rolled alloy steel](https://busy.in/hsn/sub-chapter-7226/) |
| 7227 | [Aluminum fittings](https://busy.in/hsn/sub-chapter-7227/) |
| 7228 | [Alloy Steel Bars & Rods](https://busy.in/hsn/sub-chapter-7228/) |