Chapter 72 of the GST framework covers Iron And Steel, and HSN Code 72252021 specifically identifies Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Of High Speed Steel : Cold-Rolled : In Coils for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Of High Speed Steel : Cold-Rolled : In Coils. Tax rates applicable include CGST at N.a., SGST/UTGST at N.a., and IGST at N.a. for interstate movements. The standard unit of measurement is N.a.
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 72252021
The tax structure for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Of High Speed Steel : Cold-Rolled : In Coils under HSN Code 72252021 follows a dual taxation model. CGST is levied at N.a. and SGST/UTGST at N.a. for intrastate sales. Interstate transactions attract IGST at N.a.. All invoices must record quantities in N.a as the standard measurement for goods under Chapter 72 – Iron And Steel.
Who Should Use HSN Code 72252021?
Manufacturers, wholesalers, retailers, and exporters dealing in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Of High Speed Steel : Cold-Rolled : In Coils are required to mention HSN 72252021 on all tax documents. This classification under Iron And Steel applies to businesses of all sizes operating within Chapter 72. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Looking to deal in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Of High Speed Steel : Cold-Rolled : In Coils? GST registration is your first compliance requirement for HSN 72252021 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
Using HSN Code 72252021 accurately for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Of High Speed Steel : Cold-Rolled : In Coils avoids compliance issues and facilitates credit claims. Monitor changes to N.a., N.a., and N.a. rates for Chapter 72 – Iron And Steel to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
HSN Code 72252021 falls under Chapter 72 – Iron And Steel in the GST tariff schedule. This chapter covers various goods including Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Of High Speed Steel : Cold-Rolled : In Coils.
Yes, IGST at N.a. is applicable when Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Of High Speed Steel : Cold-Rolled : In Coils is supplied interstate or imported. For local sales within a state, CGST at N.a. and SGST/UTGST at N.a. apply instead.
Yes, e-commerce sellers dealing in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Of High Speed Steel : Cold-Rolled : In Coils must use HSN 72252021 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.