Within Chapter 72 – Iron And Steel, HSN Code 72085240 serves as the official classification for Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Hot-Rolled, Not Clad, Plated Or Coated - Other, Not In Coils, Not Further Worked Than Hotrolled : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Strip. This code determines tax rates and compliance obligations for all entities trading in Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Hot-Rolled, Not Clad, Plated Or Coated - Other, Not In Coils, Not Further Worked Than Hotrolled : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Strip. CGST applies at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Measurement is standardized in 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 72085240

The tax structure for Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Hot-Rolled, Not Clad, Plated Or Coated - Other, Not In Coils, Not Further Worked Than Hotrolled : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Strip under HSN Code 72085240 follows a dual taxation model. CGST is levied at 9.00% and SGST/UTGST at 9.00% for intrastate sales. Interstate transactions attract IGST at 18.00%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 72 – Iron And Steel.

Who Should Use HSN Code 72085240?

Any business engaged in supplying Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Hot-Rolled, Not Clad, Plated Or Coated - Other, Not In Coils, Not Further Worked Than Hotrolled : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Strip must apply HSN 72085240 on invoices. The Iron And Steel category under Chapter 72 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Looking to deal in Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Hot-Rolled, Not Clad, Plated Or Coated - Other, Not In Coils, Not Further Worked Than Hotrolled : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Strip? GST registration is your first compliance requirement for HSN 72085240 goods. International traders in Iron And Steel products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.

Why Correct Classification Matters

Proper use of HSN Code 72085240 for Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Hot-Rolled, Not Clad, Plated Or Coated - Other, Not In Coils, Not Further Worked Than Hotrolled : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Strip 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 72085240?

Official GST rates for Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Hot-Rolled, Not Clad, Plated Or Coated - Other, Not In Coils, Not Further Worked Than Hotrolled : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Strip under HSN 72085240 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 72085240?

Yes, online marketplaces and e-commerce operators selling Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Hot-Rolled, Not Clad, Plated Or Coated - Other, Not In Coils, Not Further Worked Than Hotrolled : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Strip must mention HSN Code 72085240 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 Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Hot-Rolled, Not Clad, Plated Or Coated - Other, Not In Coils, Not Further Worked Than Hotrolled : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Strip?

For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Hot-Rolled, Not Clad, Plated Or Coated - Other, Not In Coils, Not Further Worked Than Hotrolled : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Strip under HSN 72085240.

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

GST rates for Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Hot-Rolled, Not Clad, Plated Or Coated - Other, Not In Coils, Not Further Worked Than Hotrolled : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Strip 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.

More HSN codes from Chapter 72

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