72025000 is the designated HSN classification for Ferro-Alloys - Ferro-Silico-Chromium, categorized under Chapter 72 – Iron And Steel in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Ferro-Alloys - Ferro-Silico-Chromium must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Quantities are measured in kg. for billing purposes.

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... 72022100 Ferro-Alloys - Ferro-Silicon: Containing By Weight... 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

GST Rates for HSN 72025000

For Ferro-Alloys - Ferro-Silico-Chromium classified under HSN Code 72025000, tax computation follows GST principles. CGST at 0.09 plus SGST/UTGST at 0.09 covers intrastate sales. IGST at 0.18 applies to interstate transactions. kg. is the prescribed measurement for Iron And Steel under Chapter 72.

Who Should Use HSN Code 72025000?

Manufacturers, wholesalers, retailers, and exporters dealing in Ferro-Alloys - Ferro-Silico-Chromium are required to mention HSN 72025000 on all tax documents. This classification under Iron And Steel applies to businesses of all sizes operating within Chapter 72. Proper usage ensures accurate return filing and audit compliance.

Business Registration Requirements

Starting a business involving Ferro-Alloys - Ferro-Silico-Chromium? GST registration is mandatory for collecting and remitting taxes on HSN 72025000 goods. Companies planning international trade within Iron And Steel must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.

Why Correct Classification Matters

Accurate HSN Code 72025000 usage for Ferro-Alloys - Ferro-Silico-Chromium 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 72025000?

Official GST rates for Ferro-Alloys - Ferro-Silico-Chromium under HSN 72025000 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 72025000?

Yes, online marketplaces and e-commerce operators selling Ferro-Alloys - Ferro-Silico-Chromium must mention HSN Code 72025000 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-Silico-Chromium?

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-Silico-Chromium under HSN 72025000.

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

GST rates for Ferro-Alloys - Ferro-Silico-Chromium 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