Within Chapter 72 – Iron And Steel, HSN Code 72261100 serves as the official classification for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Of Silicon-Electrical Steel : Grain-Oriented. This code determines tax rates and compliance obligations for all entities trading in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Of Silicon-Electrical Steel : Grain-Oriented. CGST applies at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Measurement is standardized in 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 72261100
The tax structure for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Of Silicon-Electrical Steel : Grain-Oriented under HSN Code 72261100 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 72 – Iron And Steel.
Who Should Use HSN Code 72261100?
Traders, manufacturers, and importers of Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Of Silicon-Electrical Steel : Grain-Oriented are required to mention HSN Code 72261100 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
Looking to deal in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Of Silicon-Electrical Steel : Grain-Oriented? GST registration is your first compliance requirement for HSN 72261100 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 72261100 accurately for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Of Silicon-Electrical Steel : Grain-Oriented avoids compliance issues and facilitates credit claims. Monitor changes to 0.09, 0.09, and 0.18 rates for Chapter 72 – Iron And Steel to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Of Silicon-Electrical Steel : Grain-Oriented under HSN Code 72261100 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Of Silicon-Electrical Steel : Grain-Oriented must use HSN 72261100 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 72261100 for Iron And Steel goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Of Silicon-Electrical Steel : Grain-Oriented under Iron And Steel. This registration links your bank account to process foreign currency payments from overseas buyers.