Chapter 72 of the GST framework covers Iron And Steel, and HSN Code 72269120 specifically identifies Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Not Further Worked Than Hot-Rolled : Of A Thickness Of 3 Mm And Above But Not Exceeding 4.75 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 Less Than 600 Mm - Other: Not Further Worked Than Hot-Rolled : Of A Thickness Of 3 Mm And Above But Not Exceeding 4.75 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 72269120
The taxation of Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Not Further Worked Than Hot-Rolled : Of A Thickness Of 3 Mm And Above But Not Exceeding 4.75 Mm under HSN Code 72269120 depends on supply location. Intrastate transactions require CGST at 9.00% and SGST/UTGST at 9.00%. Interstate supplies are charged IGST at 18.00%. Invoices should consistently use kg. for Iron And Steel goods under Chapter 72.
Who Should Use HSN Code 72269120?
All businesses supplying Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Not Further Worked Than Hot-Rolled : Of A Thickness Of 3 Mm And Above But Not Exceeding 4.75 Mm are obligated to use HSN 72269120 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 Less Than 600 Mm - Other: Not Further Worked Than Hot-Rolled : Of A Thickness Of 3 Mm And Above But Not Exceeding 4.75 Mm? Complete GST registration to legally collect taxes on goods under HSN 72269120. 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
Using HSN Code 72269120 accurately for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Not Further Worked Than Hot-Rolled : Of A Thickness Of 3 Mm And Above But Not Exceeding 4.75 Mm avoids compliance issues and facilitates credit claims. Monitor changes to 9.00%, 9.00%, and 18.00% rates for Chapter 72 – Iron And Steel to maintain accurate filings and smooth business operations.
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 72269120 for accurate classification of Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Not Further Worked Than Hot-Rolled : Of A Thickness Of 3 Mm And Above But Not Exceeding 4.75 Mm.
Yes, registered businesses can claim input tax credit on Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Not Further Worked Than Hot-Rolled : Of A Thickness Of 3 Mm And Above But Not Exceeding 4.75 Mm purchases made under HSN 72269120. 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 Less Than 600 Mm - Other: Not Further Worked Than Hot-Rolled : Of A Thickness Of 3 Mm And Above But Not Exceeding 4.75 Mm 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 Less Than 600 Mm - Other: Not Further Worked Than Hot-Rolled : Of A Thickness Of 3 Mm And Above But Not Exceeding 4.75 Mm internationally. For domestic trade within Iron And Steel, GST registration is sufficient.