HSN Code 72199012 provides the tax classification for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness 3 Mm To 4.75 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 - Other : Sheets And Plates : Thickness 3 Mm To 4.75 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 72199012
The tax structure for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness 3 Mm To 4.75 Mm under HSN Code 72199012 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 72199012?
Every entity transacting in Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness 3 Mm To 4.75 Mm must quote HSN Code 72199012 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
Commencing trade in Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness 3 Mm To 4.75 Mm? Secure GST registration to handle taxes on HSN 72199012 classified goods. Businesses with international operations in Iron And Steel need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Accurate HSN Code 72199012 usage for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness 3 Mm To 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)
Official GST rates for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness 3 Mm To 4.75 Mm under HSN 72199012 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
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 3 Mm To 4.75 Mm must mention HSN Code 72199012 on invoices. This Iron And Steel classification applies to all sales channels under Chapter 72.
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 3 Mm To 4.75 Mm under HSN 72199012.
GST rates for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness 3 Mm To 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.