72155090 is the designated HSN classification for Other Bars And Rods Of Iron Or Non-Alloy Steel - Other, Not Further Worked Than Cold-Formed Or Cold-Finished : Other, categorized under Chapter 72 – Iron And Steel in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Other Bars And Rods Of Iron Or Non-Alloy Steel - Other, Not Further Worked Than Cold-Formed Or Cold-Finished : Other 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 72155090

Goods classified as Other Bars And Rods Of Iron Or Non-Alloy Steel - Other, Not Further Worked Than Cold-Formed Or Cold-Finished : Other under HSN 72155090 are taxed based on transaction type. Local sales attract CGST at 0.09 plus SGST/UTGST at 0.09. For supplies crossing state boundaries, IGST at 0.18 applies. Documentation must reflect kg. as the measurement standard for Chapter 72 – Iron And Steel products.

Who Should Use HSN Code 72155090?

Every entity transacting in Other Bars And Rods Of Iron Or Non-Alloy Steel - Other, Not Further Worked Than Cold-Formed Or Cold-Finished : Other must quote HSN Code 72155090 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

Planning to trade in Other Bars And Rods Of Iron Or Non-Alloy Steel - Other, Not Further Worked Than Cold-Formed Or Cold-Finished : Other? Complete GST registration to legally collect taxes on goods under HSN 72155090. 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 72155090 usage for Other Bars And Rods Of Iron Or Non-Alloy Steel - Other, Not Further Worked Than Cold-Formed Or Cold-Finished : Other 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)

Which chapter does HSN Code 72155090 belong to?

HSN Code 72155090 falls under Chapter 72 – Iron And Steel in the GST tariff schedule. This chapter covers various goods including Other Bars And Rods Of Iron Or Non-Alloy Steel - Other, Not Further Worked Than Cold-Formed Or Cold-Finished : Other.

Is IGST applicable on Other Bars And Rods Of Iron Or Non-Alloy Steel - Other, Not Further Worked Than Cold-Formed Or Cold-Finished : Other?

Yes, IGST at 0.18 is applicable when Other Bars And Rods Of Iron Or Non-Alloy Steel - Other, Not Further Worked Than Cold-Formed Or Cold-Finished : Other is supplied interstate or imported. For local sales within a state, CGST at 0.09 and SGST/UTGST at 0.09 apply instead.

Can e-commerce sellers use HSN Code 72155090?

Yes, e-commerce sellers dealing in Other Bars And Rods Of Iron Or Non-Alloy Steel - Other, Not Further Worked Than Cold-Formed Or Cold-Finished : Other must use HSN 72155090 on their invoices. This applies to all online platforms operating under Iron And Steel classification.

How do I start an import business for Iron And Steel goods?

To import goods under Iron And Steel, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.

More HSN codes from Chapter 72

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