Under the GST regime, HSN Code 72279030 classifies Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Other Alloy Steel - Other : Ball Bearing Quality within Chapter 72 – Iron And Steel. This code is essential for businesses to correctly calculate and remit taxes on Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Other Alloy Steel - Other : Ball Bearing Quality. 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 72279030
The taxation of Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Other Alloy Steel - Other : Ball Bearing Quality under HSN Code 72279030 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 72279030?
Traders, manufacturers, and importers of Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Other Alloy Steel - Other : Ball Bearing Quality are required to mention HSN Code 72279030 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
Planning to trade in Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Other Alloy Steel - Other : Ball Bearing Quality? Complete GST registration to legally collect taxes on goods under HSN 72279030. 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 72279030 accurately for Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Other Alloy Steel - Other : Ball Bearing Quality 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)
HSN Code 72279030 is used to classify Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Other Alloy Steel - Other : Ball Bearing Quality under Chapter 72 – Iron And Steel for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Other Alloy Steel - Other : Ball Bearing Quality, 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 Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Other Alloy Steel - Other : Ball Bearing Quality under HSN 72279030. 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.