HSN Code 72255020 provides the tax classification 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 3 Mm To 4.75 Mm under Chapter 72 – Iron And Steel of the GST tariff. Businesses dealing 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 3 Mm To 4.75 Mm must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. 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 72255020

Tax liability 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 3 Mm To 4.75 Mm under HSN 72255020 varies by transaction geography. CGST at 9.00% combined with SGST/UTGST at 9.00% applies to local sales. Interstate movement attracts IGST at 18.00%. All billing for Chapter 72 – Iron And Steel products must use kg..

Who Should Use HSN Code 72255020?

Any business engaged in 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 3 Mm To 4.75 Mm must apply HSN 72255020 on invoices. The Iron And Steel category under Chapter 72 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

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 3 Mm To 4.75 Mm? Complete GST registration to legally collect taxes on goods under HSN 72255020. 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 72255020 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 3 Mm To 4.75 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)

What is the unit of measurement for HSN 72255020?

The standard unit of measurement 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 3 Mm To 4.75 Mm under HSN Code 72255020 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 72255020 mandatory for small businesses?

Yes, businesses dealing 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 3 Mm To 4.75 Mm must use HSN 72255020 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.

What happens if I use wrong HSN code 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 3 Mm To 4.75 Mm?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 72255020 for Iron And Steel goods before invoicing.

Do I need AD Code registration for exporting 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 3 Mm To 4.75 Mm?

Yes, AD Code registration is required for exporters dealing 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 3 Mm To 4.75 Mm under Iron And Steel. This registration links your bank account to process foreign currency payments from overseas buyers.

More HSN codes from Chapter 72

Back to Top