Under the GST regime, HSN Code 73159000 classifies Chain And Parts Thereof, Of Iron Or Steel - Other Parts within Chapter 73 – Articles Of Iron Or Steel. This code is essential for businesses to correctly calculate and remit taxes on Chain And Parts Thereof, Of Iron Or Steel - Other Parts. The applicable rates are CGST at 0.09, SGST/UTGST at 0.09 for within-state sales, and IGST at 0.18 for interstate supplies. Goods are quantified using 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 73159000
Goods classified as Chain And Parts Thereof, Of Iron Or Steel - Other Parts under HSN 73159000 are taxed based on transaction type. Local sales attract CGST at 0.09 plus SGST/UTGST at 0.09. For supplies crossing state boundaries, IGST at 0.18 applies. Documentation must reflect kg. as the measurement standard for Chapter 73 – Articles Of Iron Or Steel products.
Who Should Use HSN Code 73159000?
All businesses supplying Chain And Parts Thereof, Of Iron Or Steel - Other Parts are obligated to use HSN 73159000 on tax invoices. From producers to retailers within Articles Of Iron Or Steel, Chapter 73 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Commencing trade in Chain And Parts Thereof, Of Iron Or Steel - Other Parts? Secure GST registration to handle taxes on HSN 73159000 classified goods. Businesses with international operations in Articles Of Iron Or 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
Accurate application of HSN Code 73159000 for Chain And Parts Thereof, Of Iron Or Steel - Other Parts enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 73 – Articles Of Iron Or Steel should monitor rate updates (0.09, 0.09, 0.18) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
Official GST rates for Chain And Parts Thereof, Of Iron Or Steel - Other Parts under HSN 73159000 are published in government notifications and the CBIC website. Current rates are CGST 0.09, SGST/UTGST 0.09, and IGST 0.18.
Yes, online marketplaces and e-commerce operators selling Chain And Parts Thereof, Of Iron Or Steel - Other Parts must mention HSN Code 73159000 on invoices. This Articles Of Iron Or Steel classification applies to all sales channels under Chapter 73.
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Chain And Parts Thereof, Of Iron Or Steel - Other Parts under HSN 73159000.
GST rates for Chain And Parts Thereof, Of Iron Or Steel - Other Parts and other Articles Of Iron Or Steel products under Chapter 73 may change through GST Council recommendations. Monitor official notifications to stay updated on 0.09, 0.09, and 0.18 revisions.