HSN Code 72069019 provides the tax classification for Iron And Non-Alloy Steel In Ingots Or Other Primary Forms (Excluding Iron Of Heading 7203) - Other : Of Iron : Other under Chapter 72 – Iron And Steel of the GST tariff. Businesses dealing in Iron And Non-Alloy Steel In Ingots Or Other Primary Forms (Excluding Iron Of Heading 7203) - Other : Of Iron : Other must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. 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... | 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 72069019
The taxation of Iron And Non-Alloy Steel In Ingots Or Other Primary Forms (Excluding Iron Of Heading 7203) - Other : Of Iron : Other under HSN Code 72069019 depends on supply location. Intrastate transactions require CGST at 9.00% and SGST/UTGST at 9.00%. Interstate supplies are charged IGST at 18.00%. Invoices should consistently use kg. for Iron And Steel goods under Chapter 72.
Who Should Use HSN Code 72069019?
Every entity transacting in Iron And Non-Alloy Steel In Ingots Or Other Primary Forms (Excluding Iron Of Heading 7203) - Other : Of Iron : Other must quote HSN Code 72069019 on invoices. This includes traders, distributors, and e-commerce sellers operating under Iron And Steel. Chapter 72 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Commencing trade in Iron And Non-Alloy Steel In Ingots Or Other Primary Forms (Excluding Iron Of Heading 7203) - Other : Of Iron : Other? Secure GST registration to handle taxes on HSN 72069019 classified goods. Businesses with international operations in Iron And Steel need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Proper use of HSN Code 72069019 for Iron And Non-Alloy Steel In Ingots Or Other Primary Forms (Excluding Iron Of Heading 7203) - Other : Of Iron : Other streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 72 – Iron And Steel through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
Where can I find the official GST rate for HSN 72069019?
Official GST rates for Iron And Non-Alloy Steel In Ingots Or Other Primary Forms (Excluding Iron Of Heading 7203) - Other : Of Iron : Other under HSN 72069019 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Do online marketplaces need to mention HSN 72069019?
Yes, online marketplaces and e-commerce operators selling Iron And Non-Alloy Steel In Ingots Or Other Primary Forms (Excluding Iron Of Heading 7203) - Other : Of Iron : Other must mention HSN Code 72069019 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 Iron And Non-Alloy Steel In Ingots Or Other Primary Forms (Excluding Iron Of Heading 7203) - Other : Of Iron : Other?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Iron And Non-Alloy Steel In Ingots Or Other Primary Forms (Excluding Iron Of Heading 7203) - Other : Of Iron : Other under HSN 72069019.
How often do GST rates change for Iron And Steel products?
GST rates for Iron And Non-Alloy Steel In Ingots Or Other Primary Forms (Excluding Iron Of Heading 7203) - Other : Of Iron : Other and other Iron And Steel products under Chapter 72 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.
