Chapter 72 of the GST framework covers Iron And Steel, and HSN Code 72199013 specifically identifies Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness Less Than 3 Mm for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness Less Than 3 Mm. Tax rates applicable include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00% for interstate movements. The standard 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 72199013
The tax structure for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness Less Than 3 Mm under HSN Code 72199013 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 72199013?
Any business engaged in supplying Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness Less Than 3 Mm must apply HSN 72199013 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 Less Than 3 Mm? GST registration is mandatory for collecting and remitting taxes on HSN 72199013 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
Using HSN Code 72199013 accurately for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness Less Than 3 Mm avoids compliance issues and facilitates credit claims. Monitor changes to 9.00%, 9.00%, and 18.00% rates for Chapter 72 – Iron And Steel to maintain accurate filings and smooth business operations.
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 Less Than 3 Mm under HSN 72199013 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 Less Than 3 Mm must mention HSN Code 72199013 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 Less Than 3 Mm under HSN 72199013.
GST rates for Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More - Other : Sheets And Plates : Thickness Less Than 3 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.