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 720719.
First 2 digits, (72) represents chapter number.
This chapter is for Iron and steel.
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.
6 digit HSN code for Other
Next 2 digits, (19) represents item or product.
This code is for Other.
8 digit HSN code for Forged blanks of non-alloy steel
Last 2 digits, (10) represents specific item or product at micro level.
This code is for Forged blanks of non-alloy steel.
We have filtered GST applicable on Iron and steel including GST on SEMI-FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL, GST on Other, GST on Forged blanks of non-alloy steel. You can GST on chapter 72 by visiting this link.