HSN Code 72022100 provides the tax classification for Ferro-Alloys - Ferro-Silicon: Containing By Weight More Than 55% Of Silicon under Chapter 72 – Iron And Steel of the GST tariff. Businesses dealing in Ferro-Alloys - Ferro-Silicon: Containing By Weight More Than 55% Of Silicon must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. The recognized unit of measurement is kg..

HSN Codes under Chapter 72 – Iron And Steel

Below are related HSN codes from Chapter 72 – Iron And Steel for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Iron And Steel... 72011000 Pig Iron And Spiegeleisen In Pigs, Blocks Or Other... 0.09 0.09 0.18
Iron And Steel... 72012000 Pig Iron And Spiegeleisen In Pigs, Blocks Or Other... 0.09 0.09 0.18
Iron And Steel... 72015010 Pig Iron And Spiegeleisen In Pigs, Blocks Or Other... 9.00% 9.00% 18.00%
Iron And Steel... 72015090 Pig Iron And Spiegeleisen In Pigs, Blocks Or Other... 0.09 0.09 0.18
Iron And Steel... 72021100 Ferro-Alloys - Ferro-Manganese : Containing By Wei... 0.09 0.09 0.18
Iron And Steel... 72021900 Ferro-Alloys - Ferro-Manganese : Other 0.09 0.09 0.18
Iron And Steel... 72022900 Ferro-Alloys - Ferro-Silicon: Other 0.09 0.09 0.18
Iron And Steel... 72023000 Ferro-Alloys - Ferro-Silico-Manganese 0.09 0.09 0.18
Iron And Steel... 72024100 Ferro-Alloys - Ferro-Chromium : Containing By Weig... 0.09 0.09 0.18
Iron And Steel... 72024900 Ferro-Alloys - Ferro-Chromium : Other 0.09 0.09 0.18

GST Rates for HSN 72022100

The taxation of Ferro-Alloys - Ferro-Silicon: Containing By Weight More Than 55% Of Silicon under HSN Code 72022100 depends on supply location. Intrastate transactions require CGST at 0.09 and SGST/UTGST at 0.09. Interstate supplies are charged IGST at 0.18. Invoices should consistently use kg. for Iron And Steel goods under Chapter 72.

Who Should Use HSN Code 72022100?

All businesses supplying Ferro-Alloys - Ferro-Silicon: Containing By Weight More Than 55% Of Silicon are obligated to use HSN 72022100 on tax invoices. From producers to retailers within Iron And Steel, Chapter 72 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Planning to trade in Ferro-Alloys - Ferro-Silicon: Containing By Weight More Than 55% Of Silicon? Complete GST registration to legally collect taxes on goods under HSN 72022100. Businesses importing or exporting Iron And Steel products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.

Why Correct Classification Matters

Accurate HSN Code 72022100 usage for Ferro-Alloys - Ferro-Silicon: Containing By Weight More Than 55% Of Silicon simplifies reconciliation and protects against penalties. Keep current with 0.09, 0.09, and 0.18 updates for Chapter 72 – Iron And Steel to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

Where can I find the official GST rate for HSN 72022100?

Official GST rates for Ferro-Alloys - Ferro-Silicon: Containing By Weight More Than 55% Of Silicon under HSN 72022100 are published in government notifications and the CBIC website. Current rates are CGST 0.09, SGST/UTGST 0.09, and IGST 0.18.

Do online marketplaces need to mention HSN 72022100?

Yes, online marketplaces and e-commerce operators selling Ferro-Alloys - Ferro-Silicon: Containing By Weight More Than 55% Of Silicon must mention HSN Code 72022100 on invoices. This Iron And Steel classification applies to all sales channels under Chapter 72.

What documents are needed for company registration to trade in Ferro-Alloys - Ferro-Silicon: Containing By Weight More Than 55% Of Silicon?

For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Ferro-Alloys - Ferro-Silicon: Containing By Weight More Than 55% Of Silicon under HSN 72022100.

How often do GST rates change for Iron And Steel products?

GST rates for Ferro-Alloys - Ferro-Silicon: Containing By Weight More Than 55% Of Silicon and other Iron And Steel products under Chapter 72 may change through GST Council recommendations. Monitor official notifications to stay updated on 0.09, 0.09, and 0.18 revisions.

More HSN codes from Chapter 72

Back to Top