HSN Code 72192411 provides the tax classification 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 Less Than 3 Mm : Chromium Type, Of A Thickness : Below 0.35 Mm under Chapter 72 – Iron And Steel of the GST tariff. 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 Less Than 3 Mm : Chromium Type, Of A Thickness : Below 0.35 Mm must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. The recognized 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 72192411

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 Less Than 3 Mm : Chromium Type, Of A Thickness : Below 0.35 Mm under HSN 72192411 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 72192411?

Manufacturers, wholesalers, retailers, and 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 Less Than 3 Mm : Chromium Type, Of A Thickness : Below 0.35 Mm are required to mention HSN 72192411 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

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 Less Than 3 Mm : Chromium Type, Of A Thickness : Below 0.35 Mm? GST registration is your first compliance requirement for HSN 72192411 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

Proper use of HSN Code 72192411 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 Less Than 3 Mm : Chromium Type, Of A Thickness : Below 0.35 Mm streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 72 – Iron And Steel through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 72192411 should I mention on invoices?

The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 72192411 for accurate classification 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 Less Than 3 Mm : Chromium Type, Of A Thickness : Below 0.35 Mm.

Can I claim input tax credit 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 Less Than 3 Mm : Chromium Type, Of A Thickness : Below 0.35 Mm purchases?

Yes, registered businesses can claim input tax credit 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 Less Than 3 Mm : Chromium Type, Of A Thickness : Below 0.35 Mm purchases made under HSN 72192411. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.

What is the difference between CGST and IGST for HSN 72192411?

CGST at 9.00% plus SGST/UTGST at 9.00% applies 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 Less Than 3 Mm : Chromium Type, Of A Thickness : Below 0.35 Mm is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading 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 Less Than 3 Mm : Chromium Type, Of A Thickness : Below 0.35 Mm domestically?

No, Import Export Code is only required if you plan to import or export 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 Less Than 3 Mm : Chromium Type, Of A Thickness : Below 0.35 Mm internationally. For domestic trade within Iron And Steel, GST registration is sufficient.

More HSN codes from Chapter 72

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