HSN Code 72223099 provides the tax classification for Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Other : Other under Chapter 72 – Iron And Steel of the GST tariff. Businesses dealing in Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Other : 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 72223099
The taxation of Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Other : Other under HSN Code 72223099 depends on supply location. Intrastate transactions require CGST at 0.09 and SGST/UTGST at 0.09. Interstate supplies are charged IGST at 0.18. Invoices should consistently use kg. for Iron And Steel goods under Chapter 72.
Who Should Use HSN Code 72223099?
All businesses supplying Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Other : Other are obligated to use HSN 72223099 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
Planning to trade in Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Other : Other? Complete GST registration to legally collect taxes on goods under HSN 72223099. Businesses importing or exporting Iron And Steel products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Accurate HSN Code 72223099 usage for Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Other : Other simplifies reconciliation and protects against penalties. Keep current with 0.09, 0.09, and 0.18 updates for Chapter 72 – Iron And Steel to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
HSN Code 72223099 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 : Other : Other.
Yes, IGST at 0.18 is applicable when Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Other : Other is supplied interstate or imported. For local sales within a state, CGST at 0.09 and SGST/UTGST at 0.09 apply instead.
Yes, e-commerce sellers dealing in Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel - Other Bars And Rods : Other : Other must use HSN 72223099 on their invoices. This applies to all online platforms operating under Iron And Steel classification.
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.