Under the GST regime, HSN Code 72192320 classifies 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 3 Mm Or More But Less Than 4.75 Mm : Nickel Chromium Austenitic Type within Chapter 72 – Iron And Steel. This code is essential for businesses to correctly calculate and remit taxes 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 3 Mm Or More But Less Than 4.75 Mm : Nickel Chromium Austenitic Type. The applicable rates are CGST at 9.00%, SGST/UTGST at 9.00% for within-state sales, and IGST at 18.00% 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 72192320
Goods classified as 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 3 Mm Or More But Less Than 4.75 Mm : Nickel Chromium Austenitic Type under HSN 72192320 are taxed based on transaction type. Local sales attract CGST at 9.00% plus SGST/UTGST at 9.00%. For supplies crossing state boundaries, IGST at 18.00% applies. Documentation must reflect kg. as the measurement standard for Chapter 72 – Iron And Steel products.
Who Should Use HSN Code 72192320?
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 3 Mm Or More But Less Than 4.75 Mm : Nickel Chromium Austenitic Type must quote HSN Code 72192320 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 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 3 Mm Or More But Less Than 4.75 Mm : Nickel Chromium Austenitic Type? Complete GST registration to legally collect taxes on goods under HSN 72192320. 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 72192320 usage 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 3 Mm Or More But Less Than 4.75 Mm : Nickel Chromium Austenitic Type simplifies reconciliation and protects against penalties. Keep current with 9.00%, 9.00%, and 18.00% updates for Chapter 72 – Iron And Steel to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement 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 3 Mm Or More But Less Than 4.75 Mm : Nickel Chromium Austenitic Type under HSN Code 72192320 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses 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 3 Mm Or More But Less Than 4.75 Mm : Nickel Chromium Austenitic Type must use HSN 72192320 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 72192320 for Iron And Steel goods before invoicing.
Yes, AD Code registration is required for exporters 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 3 Mm Or More But Less Than 4.75 Mm : Nickel Chromium Austenitic Type under Iron And Steel. This registration links your bank account to process foreign currency payments from overseas buyers.