72162200 is the designated HSN classification for Angles, Shapes And Sections Of Iron Or Non-Alloy Steel - L Or T Sections, Not Further Worked Than Hotrolled, Hot-Drawn Or Extruded, Of A Height Of Less Than 80 Mm : T Sections, categorized under Chapter 72 – Iron And Steel in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Angles, Shapes And Sections Of Iron Or Non-Alloy Steel - L Or T Sections, Not Further Worked Than Hotrolled, Hot-Drawn Or Extruded, Of A Height Of Less Than 80 Mm : T Sections 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 72162200
For Angles, Shapes And Sections Of Iron Or Non-Alloy Steel - L Or T Sections, Not Further Worked Than Hotrolled, Hot-Drawn Or Extruded, Of A Height Of Less Than 80 Mm : T Sections classified under HSN Code 72162200, 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 72162200?
Manufacturers, wholesalers, retailers, and exporters dealing in Angles, Shapes And Sections Of Iron Or Non-Alloy Steel - L Or T Sections, Not Further Worked Than Hotrolled, Hot-Drawn Or Extruded, Of A Height Of Less Than 80 Mm : T Sections are required to mention HSN 72162200 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
Entering the Angles, Shapes And Sections Of Iron Or Non-Alloy Steel - L Or T Sections, Not Further Worked Than Hotrolled, Hot-Drawn Or Extruded, Of A Height Of Less Than 80 Mm : T Sections market requires essential registrations. GST registration enables legal tax collection on HSN 72162200 goods. For cross-border trade in Iron And Steel items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Accurate HSN Code 72162200 usage for Angles, Shapes And Sections Of Iron Or Non-Alloy Steel - L Or T Sections, Not Further Worked Than Hotrolled, Hot-Drawn Or Extruded, Of A Height Of Less Than 80 Mm : T Sections 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)
Official GST rates for Angles, Shapes And Sections Of Iron Or Non-Alloy Steel - L Or T Sections, Not Further Worked Than Hotrolled, Hot-Drawn Or Extruded, Of A Height Of Less Than 80 Mm : T Sections under HSN 72162200 are published in government notifications and the CBIC website. Current rates are CGST 0.09, SGST/UTGST 0.09, and IGST 0.18.
Yes, online marketplaces and e-commerce operators selling Angles, Shapes And Sections Of Iron Or Non-Alloy Steel - L Or T Sections, Not Further Worked Than Hotrolled, Hot-Drawn Or Extruded, Of A Height Of Less Than 80 Mm : T Sections must mention HSN Code 72162200 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 Angles, Shapes And Sections Of Iron Or Non-Alloy Steel - L Or T Sections, Not Further Worked Than Hotrolled, Hot-Drawn Or Extruded, Of A Height Of Less Than 80 Mm : T Sections under HSN 72162200.
GST rates for Angles, Shapes And Sections Of Iron Or Non-Alloy Steel - L Or T Sections, Not Further Worked Than Hotrolled, Hot-Drawn Or Extruded, Of A Height Of Less Than 80 Mm : T Sections 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.