Under the GST regime, HSN Code 72189990 classifies Stainless Steel In Ingots Or Other Primary Forms; Semifinished Products Of Stainless Steel - Other : Other : Other within Chapter 72 – Iron And Steel. This code is essential for businesses to correctly calculate and remit taxes on Stainless Steel In Ingots Or Other Primary Forms; Semifinished Products Of Stainless Steel - Other : Other : Other. The applicable rates are CGST at 0.09, SGST/UTGST at 0.09 for within-state sales, and IGST at 0.18 for interstate supplies. Goods are quantified using 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 72189990
Goods classified as Stainless Steel In Ingots Or Other Primary Forms; Semifinished Products Of Stainless Steel - Other : Other : Other under HSN 72189990 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 72189990?
Traders, manufacturers, and importers of Stainless Steel In Ingots Or Other Primary Forms; Semifinished Products Of Stainless Steel - Other : Other : Other are required to mention HSN Code 72189990 on all GST documents. This Iron And Steel classification under Chapter 72 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Looking to deal in Stainless Steel In Ingots Or Other Primary Forms; Semifinished Products Of Stainless Steel - Other : Other : Other? GST registration is your first compliance requirement for HSN 72189990 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
Using HSN Code 72189990 accurately for Stainless Steel In Ingots Or Other Primary Forms; Semifinished Products Of Stainless Steel - Other : Other : Other avoids compliance issues and facilitates credit claims. Monitor changes to 0.09, 0.09, and 0.18 rates for Chapter 72 – Iron And Steel to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Stainless Steel In Ingots Or Other Primary Forms; Semifinished Products Of Stainless Steel - Other : Other : Other under HSN Code 72189990 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Stainless Steel In Ingots Or Other Primary Forms; Semifinished Products Of Stainless Steel - Other : Other : Other must use HSN 72189990 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 72189990 for Iron And Steel goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Stainless Steel In Ingots Or Other Primary Forms; Semifinished Products Of Stainless Steel - Other : Other : Other under Iron And Steel. This registration links your bank account to process foreign currency payments from overseas buyers.