Chapter 72 of the GST framework covers Iron And Steel, and HSN Code 72269960 specifically identifies Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Skelps And Strips For Razor Blades And Saw Blades 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: Other : Hoops And Strips : Skelps And Strips For Razor Blades And Saw Blades. 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 72269960
Tax liability for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Skelps And Strips For Razor Blades And Saw Blades under HSN 72269960 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 72269960?
Manufacturers, wholesalers, retailers, and exporters dealing in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Skelps And Strips For Razor Blades And Saw Blades are required to mention HSN 72269960 on all tax documents. This classification under Iron And Steel applies to businesses of all sizes operating within Chapter 72. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Looking to deal in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Skelps And Strips For Razor Blades And Saw Blades? GST registration is your first compliance requirement for HSN 72269960 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 72269960 accurately for Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Skelps And Strips For Razor Blades And Saw Blades 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)
What is HSN Code 72269960 used for?
HSN Code 72269960 is used to classify Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Skelps And Strips For Razor Blades And Saw Blades under Chapter 72 – Iron And Steel for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 72269960?
For Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Skelps And Strips For Razor Blades And Saw Blades, CGST applies at 9.00% and SGST/UTGST at 9.00% for intrastate supplies. Interstate transactions are taxed under IGST at 18.00%.
Do I need GST registration to trade in Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Skelps And Strips For Razor Blades And Saw Blades?
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 : Skelps And Strips For Razor Blades And Saw Blades under HSN 72269960. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm - Other: Other : Hoops And Strips : Skelps And Strips For Razor Blades And Saw Blades?
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.
