Under the GST regime, HSN Code 72221911 classifies Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Bars And Rods, Not Further Worked Than Hot Rolled, Hot-Drawn Or Extruded: Other : Bright Bars : Chromium Type within Chapter 72 – Iron And Steel. This code is essential for businesses to correctly calculate and remit taxes on Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Bars And Rods, Not Further Worked Than Hot Rolled, Hot-Drawn Or Extruded: Other : Bright Bars : Chromium Type. The applicable rates are CGST at 9.00%, SGST/UTGST at 9.00% for within-state sales, and IGST at 18.00% for interstate supplies. Goods are quantified using 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 72221911
Tax liability for Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Bars And Rods, Not Further Worked Than Hot Rolled, Hot-Drawn Or Extruded: Other : Bright Bars : Chromium Type under HSN 72221911 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 72221911?
All businesses supplying Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Bars And Rods, Not Further Worked Than Hot Rolled, Hot-Drawn Or Extruded: Other : Bright Bars : Chromium Type are obligated to use HSN 72221911 on tax invoices. From producers to retailers within Iron And Steel, Chapter 72 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Looking to deal in Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Bars And Rods, Not Further Worked Than Hot Rolled, Hot-Drawn Or Extruded: Other : Bright Bars : Chromium Type? GST registration is your first compliance requirement for HSN 72221911 goods. International traders in Iron And Steel products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Proper use of HSN Code 72221911 for Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Bars And Rods, Not Further Worked Than Hot Rolled, Hot-Drawn Or Extruded: Other : Bright Bars : 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)
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 72221911 for accurate classification of Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Bars And Rods, Not Further Worked Than Hot Rolled, Hot-Drawn Or Extruded: Other : Bright Bars : Chromium Type.
Yes, registered businesses can claim input tax credit on Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Bars And Rods, Not Further Worked Than Hot Rolled, Hot-Drawn Or Extruded: Other : Bright Bars : Chromium Type purchases made under HSN 72221911. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Bars And Rods, Not Further Worked Than Hot Rolled, Hot-Drawn Or Extruded: Other : Bright Bars : Chromium Type is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
No, Import Export Code is only required if you plan to import or export Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Bars And Rods, Not Further Worked Than Hot Rolled, Hot-Drawn Or Extruded: Other : Bright Bars : Chromium Type internationally. For domestic trade within Iron And Steel, GST registration is sufficient.