Chapter 72 of the GST framework covers Iron And Steel, and HSN Code 72255010 specifically identifies Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Cold-Rolled (Cold-Reduced) : Of A Thickness Of Less Than 3 Mm 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 Cold-Rolled (Cold-Reduced) : Of A Thickness Of Less Than 3 Mm. 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 72255010
For Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Cold-Rolled (Cold-Reduced) : Of A Thickness Of Less Than 3 Mm classified under HSN Code 72255010, 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 72255010?
All businesses supplying Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Cold-Rolled (Cold-Reduced) : Of A Thickness Of Less Than 3 Mm are obligated to use HSN 72255010 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 Cold-Rolled (Cold-Reduced) : Of A Thickness Of Less Than 3 Mm? Complete GST registration to legally collect taxes on goods under HSN 72255010. 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 72255010 for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Cold-Rolled (Cold-Reduced) : Of A Thickness Of Less Than 3 Mm 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)
Official GST rates for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Cold-Rolled (Cold-Reduced) : Of A Thickness Of Less Than 3 Mm under HSN 72255010 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Yes, online marketplaces and e-commerce operators selling Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Cold-Rolled (Cold-Reduced) : Of A Thickness Of Less Than 3 Mm must mention HSN Code 72255010 on invoices. This Iron And Steel classification applies to all sales channels under Chapter 72.
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Cold-Rolled (Cold-Reduced) : Of A Thickness Of Less Than 3 Mm under HSN 72255010.
GST rates for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More - Other, Not Further Worked Than Cold-Rolled (Cold-Reduced) : Of A Thickness Of Less Than 3 Mm and other Iron And Steel products under Chapter 72 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.