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 722990.
First 2 digits, (72) represents chapter number.
This chapter is for Iron and steel.
4 digit HSN code for WIRE OF OTHER ALLOY STEEL
Next 2 digits, (29) represents heading number.
This heading is for WIRE OF OTHER ALLOY STEEL.
6 digit HSN code for Electrode quality, wire rope quality and ACSR quality, not insulated
Next 2 digits, (90) represents item or product.
This code is for Electrode quality, wire rope quality and ACSR quality, not insulated.
8 digit HSN code for Wire rope quality
Last 2 digits, (22) represents specific item or product at micro level.
This code is for Wire rope quality.
We have filtered GST applicable on Iron and steel including GST on WIRE OF OTHER ALLOY STEEL, GST on Electrode quality, wire rope quality and ACSR quality, not insulated, GST on Wire rope quality. You can GST on chapter 72 by visiting this link.