Under the GST regime, HSN Code 72201122 classifies Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Hot-Rolled : Of A Thickness Of 4.75 Mm Or More : Strips For Pipes And Tubes (Other Than Skelp) : Nickel Chromium Austenitic Type 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 Less Than 600 Mm - Not Further Worked Than Hot-Rolled : Of A Thickness Of 4.75 Mm Or More : Strips For Pipes And Tubes (Other Than Skelp) : Nickel Chromium Austenitic Type. The applicable rates are CGST at N.a., SGST/UTGST at N.a. for within-state sales, and IGST at N.a. for interstate supplies. Goods are quantified using N.a.
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 72201122
Tax liability for Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Hot-Rolled : Of A Thickness Of 4.75 Mm Or More : Strips For Pipes And Tubes (Other Than Skelp) : Nickel Chromium Austenitic Type under HSN 72201122 varies by transaction geography. CGST at N.a. combined with SGST/UTGST at N.a. applies to local sales. Interstate movement attracts IGST at N.a.. All billing for Chapter 72 – Iron And Steel products must use N.a.
Who Should Use HSN Code 72201122?
Manufacturers, wholesalers, retailers, and exporters dealing in Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Hot-Rolled : Of A Thickness Of 4.75 Mm Or More : Strips For Pipes And Tubes (Other Than Skelp) : Nickel Chromium Austenitic Type are required to mention HSN 72201122 on all tax documents. This classification under Iron And Steel applies to businesses of all sizes operating within Chapter 72. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Entering the Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Hot-Rolled : Of A Thickness Of 4.75 Mm Or More : Strips For Pipes And Tubes (Other Than Skelp) : Nickel Chromium Austenitic Type market requires essential registrations. GST registration enables legal tax collection on HSN 72201122 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
Correct HSN Code 72201122 application for Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Hot-Rolled : Of A Thickness Of 4.75 Mm Or More : Strips For Pipes And Tubes (Other Than Skelp) : Nickel Chromium Austenitic Type ensures smooth input credit utilization and assessment processes. Track N.a., N.a., and N.a. rate changes for Chapter 72 – Iron And Steel through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
HSN Code 72201122 is used to classify Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Hot-Rolled : Of A Thickness Of 4.75 Mm Or More : Strips For Pipes And Tubes (Other Than Skelp) : Nickel Chromium Austenitic Type under Chapter 72 – Iron And Steel for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Hot-Rolled : Of A Thickness Of 4.75 Mm Or More : Strips For Pipes And Tubes (Other Than Skelp) : Nickel Chromium Austenitic Type, CGST applies at N.a. and SGST/UTGST at N.a. for intrastate supplies. Interstate transactions are taxed under IGST at N.a..
Yes, GST registration is mandatory for businesses dealing in Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Hot-Rolled : Of A Thickness Of 4.75 Mm Or More : Strips For Pipes And Tubes (Other Than Skelp) : Nickel Chromium Austenitic Type under HSN 72201122. This enables you to legally collect taxes and claim input credits on purchases.
For importing goods under Iron And Steel, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.