HSN Code 72201290 provides the tax classification 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 Less Than 4.75 Mm : Other under Chapter 72 – Iron And Steel of the GST tariff. 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 Less Than 4.75 Mm : Other must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. 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 72201290

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 Less Than 4.75 Mm : Other under HSN 72201290 varies by transaction geography. CGST at 0.09 combined with SGST/UTGST at 0.09 applies to local sales. Interstate movement attracts IGST at 0.18. All billing for Chapter 72 – Iron And Steel products must use kg..

Who Should Use HSN Code 72201290?

Any business engaged in supplying Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Hot-Rolled : Of A Thickness Of Less Than 4.75 Mm : Other must apply HSN 72201290 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 Less Than 600 Mm - Not Further Worked Than Hot-Rolled : Of A Thickness Of Less Than 4.75 Mm : Other? GST registration is mandatory for collecting and remitting taxes on HSN 72201290 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 72201290 accurately 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 Less Than 4.75 Mm : Other avoids compliance issues and facilitates credit claims. Monitor changes to 0.09, 0.09, and 0.18 rates for Chapter 72 – Iron And Steel to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

What is HSN Code 72201290 used for?

HSN Code 72201290 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 Less Than 4.75 Mm : Other under Chapter 72 – Iron And Steel for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.

What are the GST rates applicable on HSN 72201290?

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 Less Than 4.75 Mm : Other, CGST applies at 0.09 and SGST/UTGST at 0.09 for intrastate supplies. Interstate transactions are taxed under IGST at 0.18.

Do I need GST registration to trade 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 Less Than 4.75 Mm : Other?

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 Less Than 4.75 Mm : Other under HSN 72201290. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Hot-Rolled : Of A Thickness Of Less Than 4.75 Mm : Other?

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.

More HSN codes from Chapter 72

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