Chapter 72 of the GST framework covers Iron And Steel, and HSN Code 72192219 specifically identifies Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel : Other for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel : Other. Tax rates applicable include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00% for interstate movements. The standard unit of measurement is 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 72192219

For Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel : Other classified under HSN Code 72192219, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. kg. is the prescribed measurement for Iron And Steel under Chapter 72.

Who Should Use HSN Code 72192219?

Every entity transacting in Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel : Other must quote HSN Code 72192219 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

Looking to deal in Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel : Other? GST registration is your first compliance requirement for HSN 72192219 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

Accurate application of HSN Code 72192219 for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel : Other enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 72 – Iron And Steel should monitor rate updates (9.00%, 9.00%, 18.00%) through official notifications to maintain seamless compliance.

Frequently Asked Questions (FAQs)

Which chapter does HSN Code 72192219 belong to?

HSN Code 72192219 falls under Chapter 72 – Iron And Steel in the GST tariff schedule. This chapter covers various goods including Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel : Other.

Is IGST applicable on Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel : Other?

Yes, IGST at 18.00% is applicable when Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel : Other is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.

Can e-commerce sellers use HSN Code 72192219?

Yes, e-commerce sellers dealing in Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of 4.75 Mm Or More But Not Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel : Other must use HSN 72192219 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

Back to Top