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 720421.
| Digits | Details |
|---|---|
| 72 | First 2 digits, (72) represents chapter number. This chapter is for Iron and steel. |
| 7204 4 digit HSN code for FERROUS WASTE AND SCRAP; REMELTING SCRAP INGOTS OF IRON OR STEEL | Next 2 digits, (04) represents heading number. This heading is for FERROUS WASTE AND SCRAP; REMELTING SCRAP INGOTS OF IRON OR STEEL. |
720421 6 digit HSN code for Of stainless steel | Next 2 digits, (21) represents item or product. This code is for Of stainless steel. |
72042190 8 digit HSN code for Other | Last 2 digits, (90) represents specific item or product at micro level. This code is for Other. |
We have filtered GST applicable on Iron and steel including GST on FERROUS WASTE AND SCRAP; REMELTING SCRAP INGOTS OF IRON OR STEEL, GST on Of stainless steel, GST on Other. You can GST on chapter 72 by visiting this link.