Under the GST regime, HSN Code 72193290 classifies Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Cold-Rolled (Cold Reduced) : Of A Thickness Of 3 Mm Or More But Less Than 4.75 Mm : Other 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 Cold-Rolled (Cold Reduced) : Of A Thickness Of 3 Mm Or More But Less Than 4.75 Mm : 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 72193290

The tax structure for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Cold-Rolled (Cold Reduced) : Of A Thickness Of 3 Mm Or More But Less Than 4.75 Mm : Other under HSN Code 72193290 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 72 – Iron And Steel.

Who Should Use HSN Code 72193290?

Every entity transacting in Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Cold-Rolled (Cold Reduced) : Of A Thickness Of 3 Mm Or More But Less Than 4.75 Mm : Other must quote HSN Code 72193290 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

Entering the Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Cold-Rolled (Cold Reduced) : Of A Thickness Of 3 Mm Or More But Less Than 4.75 Mm : Other market requires essential registrations. GST registration enables legal tax collection on HSN 72193290 goods. For cross-border trade in Iron And Steel items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.

Why Correct Classification Matters

Proper use of HSN Code 72193290 for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Cold-Rolled (Cold Reduced) : Of A Thickness Of 3 Mm Or More But Less Than 4.75 Mm : Other streamlines audit processes and supports valid credit claims. Stay updated on 0.09, 0.09, and 0.18 rates for Chapter 72 – Iron And Steel through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 72193290 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 72193290 for accurate classification of Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Cold-Rolled (Cold Reduced) : Of A Thickness Of 3 Mm Or More But Less Than 4.75 Mm : Other.

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 Cold-Rolled (Cold Reduced) : Of A Thickness Of 3 Mm Or More But Less Than 4.75 Mm : Other 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 Cold-Rolled (Cold Reduced) : Of A Thickness Of 3 Mm Or More But Less Than 4.75 Mm : Other purchases made under HSN 72193290. Ensure your supplier mentions correct HSN code and GST rates (0.09, 0.09) on the invoice.

What is the difference between CGST and IGST for HSN 72193290?

CGST at 0.09 plus SGST/UTGST at 0.09 applies when Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Not Further Worked Than Cold-Rolled (Cold Reduced) : Of A Thickness Of 3 Mm Or More But Less Than 4.75 Mm : Other is sold within the same state. IGST at 0.18 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 Cold-Rolled (Cold Reduced) : Of A Thickness Of 3 Mm Or More But Less Than 4.75 Mm : Other 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 Cold-Rolled (Cold Reduced) : Of A Thickness Of 3 Mm Or More But Less Than 4.75 Mm : Other internationally. For domestic trade within Iron And Steel, GST registration is sufficient.

More HSN codes from Chapter 72

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