Chapter 72 of the GST framework covers Iron And Steel, and HSN Code 72253010 specifically identifies Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, In Coils : Of Spring Steel Quality 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 - Other, Not Further Worked Than Hot-Rolled, In Coils : Of Spring Steel Quality. 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 72253010
For Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, In Coils : Of Spring Steel Quality classified under HSN Code 72253010, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. kg. is the prescribed measurement for Iron And Steel under Chapter 72.
Who Should Use HSN Code 72253010?
Traders, manufacturers, and importers of Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, In Coils : Of Spring Steel Quality are required to mention HSN Code 72253010 on all GST documents. This Iron And Steel classification under Chapter 72 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Commencing trade in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, In Coils : Of Spring Steel Quality? Secure GST registration to handle taxes on HSN 72253010 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
Correct HSN Code 72253010 application for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, In Coils : Of Spring Steel Quality ensures smooth input credit utilization and assessment processes. Track 9.00%, 9.00%, and 18.00% rate changes for Chapter 72 – Iron And Steel through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 72253010 should I mention on invoices?
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 72253010 for accurate classification of Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, In Coils : Of Spring Steel Quality.
Can I claim input tax credit on Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, In Coils : Of Spring Steel Quality purchases?
Yes, registered businesses can claim input tax credit on Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, In Coils : Of Spring Steel Quality purchases made under HSN 72253010. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
What is the difference between CGST and IGST for HSN 72253010?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, In Coils : Of Spring Steel Quality is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, In Coils : Of Spring Steel Quality domestically?
No, Import Export Code is only required if you plan to import or export Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, In Coils : Of Spring Steel Quality internationally. For domestic trade within Iron And Steel, GST registration is sufficient.
