HSN Code for iron and steel chapter-72

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HSN Code and GST Tax rate for iron and steel under section-15 chapter-72

If the trader’s trades for iron and steel then they will have to use the HSN CODE for the iron and steel in the invoice or in the GST Return for identifications of the iron and steel.

According to the chapter-72 ( HSN code for iron and steel of section-15 BASE METALS AND ARTICLES OF BASE METAL)- Notes

This Section does not cover
(a) prepared paints, inks or other products with a basis of metallic flakes or powder (headings 3207 to 3210, 3212, 3213 or 3215),
(b) ferrocerium or other pyrophoric alloys (heading 3606),
(c) headgear or parts thereof of heading 6506 or 6507,
(d) umbrella frames or other articles of heading 6603,
(e) goods of Chapter 71 (for example, precious metal alloys, base metal clad with precious metal imitation jewelry),
(f) articles of Section XVI (machinery, mechanical appliances, and electrical goods),
(g) assembled railway or tramway track (heading 8608) or other articles of Section XVII (vehicles, ships, and boats, aircraft),
(h) instruments or apparatus of Section XVIII, including clock or watch springs,
(i&j) lead shot prepared for ammunition (heading 9306) or other articles of Section XIX (arms and ammunition),
(k) articles of Chapter 94 (for example, furniture, mattress supports, lamps and lighting fittings, illuminated signs, prefabricated buildings),
(l) articles of Chapter 95 (for example, toys, games, sports requisites),
(m) hand sieves, buttons, pens, pencil-holders, pen nibs, monopods, bipods, tripods, and similar articles or other articles of Chapter 96 (miscellaneous manufactured articles), or”
(n) articles of Chapter 97 (for example, works of art).

HSN Code for iron and steel

GOODS DESCRIPTIONHSN CODE
Chapter/ Heading
Pig iron and spiegeleisen in pigs, blocks or other primary forms7201
Ferro-alloys7202
Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms7203
Ferrous waste and scrap; remelting scrap ingots of iron or steel7204
Granules and powders, of pig iron, spiegeleisen, iron or steel7205
Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 7203)7206
Semi-finished products of iron or non-alloy steel7207
Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-rolled, not clad, plated or coated7208
Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, cold-rolled (cold-reduced), not clad, plated or coated7209
Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated7210
Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, not clad, plated or coated7211
Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, clad, plated or coated7212
Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel7213
Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling7214
Other bars and rods of iron or non-alloy steel7215
Angles, shapes, and sections of iron or nonalloy steel7216
Wire of iron or non-alloy steel7217
Stainless steel in ingots or other primary forms; semifinished products of stainless steel7218
Flat-rolled products of stainless steel, of a width of 600 mm or more7219
Flat-rolled products of stainless steel, of a width of less than 600 mm7220
Bars and rods, hot-rolled, in irregularly wound coils, of stainless steel7221
Other bars and rods of stainless steel; angles, shapes, and sections of stainless steel7222
Wire of stainless steel7223
Other alloy steel in ingots or other primary forms; semifinished products of other alloy steel7224
Flat-rolled products of other alloy steel, of a width of 600 mm or more7225
Flat-rolled products of other alloy steel, of a width of less than 600 mm7226
Bars and rods, hot-rolled, in irregularly wound coils, of other alloy steel7227
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 steel7228
Wire of other alloy steel7229

GST Rates for iron and steel

GOODS DESCRIPTIONHSN CODE
Chapter/ Heading
GST TAX RATES
Pig iron and spiegeleisen in pigs, blocks or other primary forms720118%
Ferro-alloys720218%
Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms720318%
Ferrous waste and scrap; remelting scrap ingots of iron or steel720418%
Granules and powders, of pig iron, spiegeleisen, iron or steel720518%
Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 7203)720618%
Semi-finished products of iron or non-alloy steel720718%
Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-rolled, not clad, plated or coated720818%
Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, cold-rolled (cold-reduced), not clad, plated or coated720918%
Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated721018%
Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, not clad, plated or coated721118%
Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, clad, plated or coated721218%
Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel721318%
Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling721418%
Other bars and rods of iron or non-alloy steel721518%
Angles, shapes, and sections of iron or nonalloy steel721618%
Wire of iron or non-alloy steel721718%
Stainless steel in ingots or other primary forms; semifinished products of stainless steel721818%
Flat-rolled products of stainless steel, of a width of 600 mm or more721918%
Flat-rolled products of stainless steel, of a width of less than 600 mm722018%
Bars and rods, hot-rolled, in irregularly wound coils, of stainless steel722118%
Other bars and rods of stainless steel; angles, shapes, and sections of stainless steel722218%
Wire of stainless steel722318%
Other alloy steel in ingots or other primary forms; semifinished products of other alloy steel722418%
Flat-rolled products of other alloy steel, of a width of 600 mm or more722518%
Flat-rolled products of other alloy steel, of a width of less than 600 mm722618%
Bars and rods, hot-rolled, in irregularly wound coils, of other alloy steel722718%
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 steel722818%
Wire of other alloy steel722918%

if you want to know more details about HSN Code for iron and steel then click for the source link- HSN pdf

And if you want to know rate wise list of goods just check out this link- rate wise GST rate pdf

List of Updated GST Rates- GOODS- PDF

Disclaimer

Gstportalindia.in will not be held responsible for any loss or damage of any kind arising out of any inaccurate or incomplete information in this document. The GST Rate & HSN codes have been arranged as per the best of authors’ understanding and are subject to periodic updates as per the law for the time being in force. It does not constitute professional advice or a formal recommendation. While due care has been taken in preparing this content, the existence of mistakes and omissions herein is not ruled out.

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