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 720230.
First 2 digits, (72) represents chapter number.
This chapter is for Iron and steel.
4 digit HSN code for FERRO-ALLOYS
Next 2 digits, (02) represents heading number.
This heading is for FERRO-ALLOYS.
6 digit HSN code for Ferro-silicon
Next 2 digits, (30) represents item or product.
This code is for Ferro-silicon.
8 digit HSN code for Ferro-silico-manganese
Last 2 digits, (00) represents specific item or product at micro level.
This code is for Ferro-silico-manganese.
We have filtered GST applicable on Iron and steel including GST on FERRO-ALLOYS, GST on Ferro-silicon, GST on Ferro-silico-manganese. You can GST on chapter 72 by visiting this link.