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 720712.
| Digits | Details |
|---|---|
| 72 | First 2 digits, (72) represents chapter number. This chapter is for Iron and steel. |
| 7207 4 digit HSN code for SEMI-FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL | Next 2 digits, (07) represents heading number. This heading is for SEMI-FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL. |
720712 6 digit HSN code for Other, of rectangular (other than square) cross-section | Next 2 digits, (12) represents item or product. This code is for Other, of rectangular (other than square) cross-section. |
72071220 8 digit HSN code for Forging quality | Last 2 digits, (20) represents specific item or product at micro level. This code is for Forging quality. |
We have filtered GST applicable on Iron and steel including GST on SEMI-FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL, GST on Other, of rectangular (other than square) cross-section, GST on Forging quality. You can GST on chapter 72 by visiting this link.