HSN Code 72192413 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 : 0.56 Mm And Above But Below 0.90 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 : 0.56 Mm And Above But Below 0.90 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 72192413

The tax structure 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 : 0.56 Mm And Above But Below 0.90 Mm under HSN Code 72192413 follows a dual taxation model. CGST is levied at 9.00% and SGST/UTGST at 9.00% for intrastate sales. Interstate transactions attract IGST at 18.00%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 72 – Iron And Steel.

Who Should Use HSN Code 72192413?

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 Less Than 3 Mm : Chromium Type, Of A Thickness : 0.56 Mm And Above But Below 0.90 Mm must quote HSN Code 72192413 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

Starting a business involving 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 : 0.56 Mm And Above But Below 0.90 Mm? GST registration is mandatory for collecting and remitting taxes on HSN 72192413 goods. Companies planning international trade within Iron And Steel must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.

Why Correct Classification Matters

Proper use of HSN Code 72192413 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 : 0.56 Mm And Above But Below 0.90 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 72192413 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 72192413 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 : 0.56 Mm And Above But Below 0.90 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 : 0.56 Mm And Above But Below 0.90 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 : 0.56 Mm And Above But Below 0.90 Mm purchases made under HSN 72192413. 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 72192413?

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 : 0.56 Mm And Above But Below 0.90 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 : 0.56 Mm And Above But Below 0.90 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 : 0.56 Mm And Above But Below 0.90 Mm internationally. For domestic trade within Iron And Steel, GST registration is sufficient.

More HSN codes from Chapter 72

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