Under the GST regime, HSN Code 72223019 classifies Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Bright Bars : Other 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 - Other Bars And Rods : Bright Bars : Other. 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 72223019
Tax liability for Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Bright Bars : Other under HSN 72223019 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 72223019?
All businesses supplying Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Bright Bars : Other are obligated to use HSN 72223019 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
Commencing trade in Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Bright Bars : Other? Secure GST registration to handle taxes on HSN 72223019 classified goods. Businesses with international operations in Iron And Steel need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Using HSN Code 72223019 accurately for Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Bright Bars : Other 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)
Which chapter does HSN Code 72223019 belong to?
HSN Code 72223019 falls under Chapter 72 – Iron And Steel in the GST tariff schedule. This chapter covers various goods including Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Bright Bars : Other.
Is IGST applicable on Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Bright Bars : Other?
Yes, IGST at 18.00% is applicable when Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Bright Bars : Other is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.
Can e-commerce sellers use HSN Code 72223019?
Yes, e-commerce sellers dealing in Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Bright Bars : Other must use HSN 72223019 on their invoices. This applies to all online platforms operating under Iron And Steel classification.
How do I start an import business for Iron And Steel goods?
To import goods under Iron And Steel, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
