Under the GST regime, HSN Code 72269951 classifies Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Hot Rolled within Chapter 72 – Iron And Steel. This code is essential for businesses to correctly calculate and remit taxes on Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Hot Rolled. The applicable rates are CGST at 9.00%, SGST/UTGST at 9.00% for within-state sales, and IGST at 18.00% for interstate supplies. Goods are quantified using 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 72269951
The tax structure for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Hot Rolled under HSN Code 72269951 follows a dual taxation model. CGST is levied at 9.00% and SGST/UTGST at 9.00% for intrastate sales. Interstate transactions attract IGST at 18.00%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 72 – Iron And Steel.
Who Should Use HSN Code 72269951?
Every entity transacting in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Hot Rolled must quote HSN Code 72269951 on invoices. This includes traders, distributors, and e-commerce sellers operating under Iron And Steel. Chapter 72 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Commencing trade in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Hot Rolled? Secure GST registration to handle taxes on HSN 72269951 classified goods. Businesses with international operations in Iron And Steel need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Proper use of HSN Code 72269951 for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Hot Rolled streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 72 – Iron And Steel through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
HSN Code 72269951 is used to classify Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Hot Rolled under Chapter 72 – Iron And Steel for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Hot Rolled, CGST applies at 9.00% and SGST/UTGST at 9.00% for intrastate supplies. Interstate transactions are taxed under IGST at 18.00%.
Yes, GST registration is mandatory for businesses dealing in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Hot Rolled under HSN 72269951. This enables you to legally collect taxes and claim input credits on purchases.
For importing goods under Iron And Steel, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.