72199011 is the designated HSN classification for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness More Than 4.75 Mm, categorized under Chapter 72 – Iron And Steel in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness More Than 4.75 Mm must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Quantities are measured in kg. for billing purposes.

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 72199011

The tax structure for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness More Than 4.75 Mm under HSN Code 72199011 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 72199011?

Any business engaged in supplying Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness More Than 4.75 Mm must apply HSN 72199011 on invoices. The Iron And Steel category under Chapter 72 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Starting a business involving Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness More Than 4.75 Mm? GST registration is mandatory for collecting and remitting taxes on HSN 72199011 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

Accurate HSN Code 72199011 usage for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness More Than 4.75 Mm 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)

Where can I find the official GST rate for HSN 72199011?

Official GST rates for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness More Than 4.75 Mm under HSN 72199011 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.

Do online marketplaces need to mention HSN 72199011?

Yes, online marketplaces and e-commerce operators selling Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness More Than 4.75 Mm must mention HSN Code 72199011 on invoices. This Iron And Steel classification applies to all sales channels under Chapter 72.

What documents are needed for company registration to trade in Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness More Than 4.75 Mm?

For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness More Than 4.75 Mm under HSN 72199011.

How often do GST rates change for Iron And Steel products?

GST rates for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness More Than 4.75 Mm and other Iron And Steel products under Chapter 72 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.

More HSN codes from Chapter 72

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