Chapter 73 of the GST framework covers Articles Of Iron Or Steel, and HSN Code 73141200 specifically identifies Cloth (Including Endless Bands), Grill, Netting And Fencing, Of Iron Or Steel Wire; Expanded Metal Of Iron Or Steel - Woven Cloth : Endless Bands For Machinery, Of Stainless Steel for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Cloth (Including Endless Bands), Grill, Netting And Fencing, Of Iron Or Steel Wire; Expanded Metal Of Iron Or Steel - Woven Cloth : Endless Bands For Machinery, Of Stainless Steel. Tax rates applicable include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18 for interstate movements. The standard unit of measurement is kg..
HSN Codes under Chapter 73 – Articles Of Iron Or Steel
Below are related HSN codes from Chapter 73 – Articles Of Iron Or Steel for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Articles Of Iron Or Steel... | 73011000 | Sheet Piling Of Iron Or Steel, Whether Or Not Dril... | 0.09 | 0.09 | 0.18 |
| Articles Of Iron Or Steel... | 73012010 | Sheet Piling Of Iron Or Steel, Whether Or Not Dril... | 9.00% | 9.00% | 18.00% |
| Articles Of Iron Or Steel... | 73012090 | Sheet Piling Of Iron Or Steel, Whether Or Not Dril... | 0.09 | 0.09 | 0.18 |
| Articles Of Iron Or Steel... | 73021010 | Railway Or Tramway Track Construction Material Of ... | N.a. | N.a. | N.a. |
| Articles Of Iron Or Steel... | 73021011 | Head Hardened Rails | N.a. | N.a. | N.a. |
| Articles Of Iron Or Steel... | 73021012 | Asymmetric Rails With End Forging | N.a. | N.a. | N.a. |
| Articles Of Iron Or Steel... | 73021013 | Asymmetric Rails Without End Forging | N.a. | N.a. | N.a. |
| Articles Of Iron Or Steel... | 73021014 | Other Than Asymmetric Rails And Head Hardened Rail... | N.a. | N.a. | N.a. |
| Articles Of Iron Or Steel... | 73021019 | Other | N.a. | N.a. | N.a. |
| Articles Of Iron Or Steel... | 73021020 | Railway Or Tramway Track Construction Material Of ... | N.a. | N.a. | N.a. |
GST Rates for HSN 73141200
For Cloth (Including Endless Bands), Grill, Netting And Fencing, Of Iron Or Steel Wire; Expanded Metal Of Iron Or Steel - Woven Cloth : Endless Bands For Machinery, Of Stainless Steel classified under HSN Code 73141200, tax computation follows GST principles. CGST at 0.09 plus SGST/UTGST at 0.09 covers intrastate sales. IGST at 0.18 applies to interstate transactions. kg. is the prescribed measurement for Articles Of Iron Or Steel under Chapter 73.
Who Should Use HSN Code 73141200?
Any business engaged in supplying Cloth (Including Endless Bands), Grill, Netting And Fencing, Of Iron Or Steel Wire; Expanded Metal Of Iron Or Steel - Woven Cloth : Endless Bands For Machinery, Of Stainless Steel must apply HSN 73141200 on invoices. The Articles Of Iron Or Steel category under Chapter 73 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Starting a business involving Cloth (Including Endless Bands), Grill, Netting And Fencing, Of Iron Or Steel Wire; Expanded Metal Of Iron Or Steel - Woven Cloth : Endless Bands For Machinery, Of Stainless Steel? GST registration is mandatory for collecting and remitting taxes on HSN 73141200 goods. Companies planning international trade within Articles Of Iron Or Steel must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Using HSN Code 73141200 accurately for Cloth (Including Endless Bands), Grill, Netting And Fencing, Of Iron Or Steel Wire; Expanded Metal Of Iron Or Steel - Woven Cloth : Endless Bands For Machinery, Of Stainless Steel avoids compliance issues and facilitates credit claims. Monitor changes to 0.09, 0.09, and 0.18 rates for Chapter 73 – Articles Of Iron Or Steel to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Cloth (Including Endless Bands), Grill, Netting And Fencing, Of Iron Or Steel Wire; Expanded Metal Of Iron Or Steel - Woven Cloth : Endless Bands For Machinery, Of Stainless Steel under HSN Code 73141200 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Cloth (Including Endless Bands), Grill, Netting And Fencing, Of Iron Or Steel Wire; Expanded Metal Of Iron Or Steel - Woven Cloth : Endless Bands For Machinery, Of Stainless Steel must use HSN 73141200 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 73141200 for Articles Of Iron Or Steel goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Cloth (Including Endless Bands), Grill, Netting And Fencing, Of Iron Or Steel Wire; Expanded Metal Of Iron Or Steel - Woven Cloth : Endless Bands For Machinery, Of Stainless Steel under Articles Of Iron Or Steel. This registration links your bank account to process foreign currency payments from overseas buyers.