72071230 is the designated HSN classification for Semi-Finished Products Of Iron Or Non-Alloy Steel - Containing By Weight Less Than 0.25% Of Carbon : Other, Of Rectangular (Other Than Square) Crosssection : Seamless Steel Tube Quality, categorized under Chapter 72 – Iron And Steel in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Semi-Finished Products Of Iron Or Non-Alloy Steel - Containing By Weight Less Than 0.25% Of Carbon : Other, Of Rectangular (Other Than Square) Crosssection : Seamless Steel Tube Quality must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at N.a., SGST/UTGST at N.a. for local transactions, and IGST at N.a. for interstate supplies. Quantities are measured in N.a 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 72071230
For Semi-Finished Products Of Iron Or Non-Alloy Steel - Containing By Weight Less Than 0.25% Of Carbon : Other, Of Rectangular (Other Than Square) Crosssection : Seamless Steel Tube Quality classified under HSN Code 72071230, tax computation follows GST principles. CGST at N.a. plus SGST/UTGST at N.a. covers intrastate sales. IGST at N.a. applies to interstate transactions. N.a is the prescribed measurement for Iron And Steel under Chapter 72.
Who Should Use HSN Code 72071230?
Any business engaged in supplying Semi-Finished Products Of Iron Or Non-Alloy Steel - Containing By Weight Less Than 0.25% Of Carbon : Other, Of Rectangular (Other Than Square) Crosssection : Seamless Steel Tube Quality must apply HSN 72071230 on invoices. The Iron And Steel category under Chapter 72 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Planning to trade in Semi-Finished Products Of Iron Or Non-Alloy Steel - Containing By Weight Less Than 0.25% Of Carbon : Other, Of Rectangular (Other Than Square) Crosssection : Seamless Steel Tube Quality? Complete GST registration to legally collect taxes on goods under HSN 72071230. 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
Proper use of HSN Code 72071230 for Semi-Finished Products Of Iron Or Non-Alloy Steel - Containing By Weight Less Than 0.25% Of Carbon : Other, Of Rectangular (Other Than Square) Crosssection : Seamless Steel Tube Quality streamlines audit processes and supports valid credit claims. Stay updated on N.a., N.a., and N.a. rates for Chapter 72 – Iron And Steel through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
Official GST rates for Semi-Finished Products Of Iron Or Non-Alloy Steel - Containing By Weight Less Than 0.25% Of Carbon : Other, Of Rectangular (Other Than Square) Crosssection : Seamless Steel Tube Quality under HSN 72071230 are published in government notifications and the CBIC website. Current rates are CGST N.a., SGST/UTGST N.a., and IGST N.a..
Yes, online marketplaces and e-commerce operators selling Semi-Finished Products Of Iron Or Non-Alloy Steel - Containing By Weight Less Than 0.25% Of Carbon : Other, Of Rectangular (Other Than Square) Crosssection : Seamless Steel Tube Quality must mention HSN Code 72071230 on invoices. This Iron And Steel classification applies to all sales channels under Chapter 72.
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Semi-Finished Products Of Iron Or Non-Alloy Steel - Containing By Weight Less Than 0.25% Of Carbon : Other, Of Rectangular (Other Than Square) Crosssection : Seamless Steel Tube Quality under HSN 72071230.
GST rates for Semi-Finished Products Of Iron Or Non-Alloy Steel - Containing By Weight Less Than 0.25% Of Carbon : Other, Of Rectangular (Other Than Square) Crosssection : Seamless Steel Tube Quality and other Iron And Steel products under Chapter 72 may change through GST Council recommendations. Monitor official notifications to stay updated on N.a., N.a., and N.a. revisions.