HS code is classified under chapter 72 (Iron and steel) of ITC (Indian Tariff Code). Chapter 72 is classified under Section 15 (BASE METAL & ARTICLES OF BASE METAL). You can check GST tax rate on 720150.
First 2 digits, (72) represents chapter number.
This chapter is for Iron and steel.
4 digit HSN code for PIG IRON AND SPIEGELEISEN IN PIGS, BLOCKS OR OTHER PRIMARY FORMS
Next 2 digits, (01) represents heading number.
This heading is for PIG IRON AND SPIEGELEISEN IN PIGS, BLOCKS OR OTHER PRIMARY FORMS.
6 digit HSN code for Alloy pig iron; spiegeleisen
Next 2 digits, (50) represents item or product.
This code is for Alloy pig iron; spiegeleisen.
8 digit HSN code for Cast iron
Last 2 digits, (10) represents specific item or product at micro level.
This code is for Cast iron.
We have filtered GST applicable on Iron and steel including GST on PIG IRON AND SPIEGELEISEN IN PIGS, BLOCKS OR OTHER PRIMARY FORMS, GST on Alloy pig iron; spiegeleisen, GST on Cast iron. You can GST on chapter 72 by visiting this link.