Chapter 72 of the GST framework covers Iron And Steel, and HSN Code 72202021 specifically identifies Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Cold-Rolled (Cold Reduced): Strips For Pipes And Tubes (Other Than Skelp) : Chromium Type 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 Less Than 600 Mm - Not Further Worked Than Cold-Rolled (Cold Reduced): Strips For Pipes And Tubes (Other Than Skelp) : Chromium Type. 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 72202021
Tax liability for Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Cold-Rolled (Cold Reduced): Strips For Pipes And Tubes (Other Than Skelp) : Chromium Type under HSN 72202021 varies by transaction geography. CGST at 9.00% combined with SGST/UTGST at 9.00% applies to local sales. Interstate movement attracts IGST at 18.00%. All billing for Chapter 72 – Iron And Steel products must use kg..
Who Should Use HSN Code 72202021?
Any business engaged in supplying Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Cold-Rolled (Cold Reduced): Strips For Pipes And Tubes (Other Than Skelp) : Chromium Type must apply HSN 72202021 on invoices. The Iron And Steel category under Chapter 72 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Entering the Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Cold-Rolled (Cold Reduced): Strips For Pipes And Tubes (Other Than Skelp) : Chromium Type market requires essential registrations. GST registration enables legal tax collection on HSN 72202021 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
Proper use of HSN Code 72202021 for Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Cold-Rolled (Cold Reduced): Strips For Pipes And Tubes (Other Than Skelp) : Chromium Type streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 72 – Iron And Steel through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
HSN Code 72202021 is used to classify Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm - Not Further Worked Than Cold-Rolled (Cold Reduced): Strips For Pipes And Tubes (Other Than Skelp) : Chromium 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 Cold-Rolled (Cold Reduced): Strips For Pipes And Tubes (Other Than Skelp) : Chromium Type, CGST applies at 9.00% and SGST/UTGST at 9.00% for intrastate supplies. Interstate transactions are taxed under IGST at 18.00%.
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 Cold-Rolled (Cold Reduced): Strips For Pipes And Tubes (Other Than Skelp) : Chromium Type under HSN 72202021. 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.