Chapter 72 of the GST framework covers Iron And Steel, and HSN Code 72254011 specifically identifies Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of Above 4.75 Mm : Boiler 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, Not In Coils : Of A Thickness Of Above 4.75 Mm : Boiler 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 72254011
For Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of Above 4.75 Mm : Boiler Quality classified under HSN Code 72254011, 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 72254011?
All businesses supplying Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of Above 4.75 Mm : Boiler Quality are obligated to use HSN 72254011 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 Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of Above 4.75 Mm : Boiler Quality? Complete GST registration to legally collect taxes on goods under HSN 72254011. 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 application of HSN Code 72254011 for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of Above 4.75 Mm : Boiler Quality enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 72 – Iron And Steel should monitor rate updates (9.00%, 9.00%, 18.00%) through official notifications to maintain seamless 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 72254011 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, Not In Coils : Of A Thickness Of Above 4.75 Mm : Boiler Quality.
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, Not In Coils : Of A Thickness Of Above 4.75 Mm : Boiler Quality purchases made under HSN 72254011. 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 Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of Above 4.75 Mm : Boiler Quality 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 Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Of Above 4.75 Mm : Boiler Quality internationally. For domestic trade within Iron And Steel, GST registration is sufficient.