72 HSN Code: Iron & Steel

HSN Chapter 72 represents Iron & Steel under GST classification. This code helps businesses identify Iron & Steel correctly for billing, taxation, and trade purposes. With HSN Chapter 72, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Iron & Steel.

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Sub Chapters under HSN Chapter 72

Following Sub Chapters fall under HSN Chapter 72:

Sub Chapter New GST Rate Old GST Rate Description
3% 3% Pig iron and spiegeleisen in pigs, blocks or other primary forms
3% 3% Ferro-alloys
18% 18% Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having minimum purity by weight of 99.94%, in lumps, pellets or similar forms
18% 18% Ferrous waste and scrap; remelting scrap ingots of iron or steel
18% 18% Granules and powders, of pig iron, spiegeleisen, iron or steel
18% 18% Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 7203)
18% 18% Semi-finished products of iron or non-alloy steel
18% 18% Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hotrolled, not clad, plated or coated
18% 18% Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, coldrolled (cold-reduced), not clad, plated or coated
18% 18% Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated
18% 18% Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, not clad, plated or coated
18% 18% Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, clad, plated or coated
18% 18% Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel
18% 18% Other bars and rods of iron or non-alloy steel, not further worked than forged, hotrolled, hot-drawn or hot-extruded, but including those twisted after rolling
18% 18% Other bars and rods of iron or non-alloy steel
18% 18% Angles, shapes and sections of iron or nonalloy steel
18% 18% Wire of iron or non-alloy steel
18% 18% Stainless steel in ingots or other primary forms; semi-finished products of stainless steel
18% 18% Flat-rolled products of stainless steel, of a width of 600 mm or more
18% 18% Flat-rolled products of stainless steel, of a width of less than 600 mm
18% 18% Barsandrods, hot-rolled, inirregularlywound coils, of stainless steel
18% 18% Other bars and rods of stainless steel; angles, shapes and sections of stainless steel
18% 18% Wire of stainless steel
18% 18% Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel
18% 18% Flat-rolled products of other alloy steel, of a width of 600 mm or more
18% 18% Flat-rolled products of other alloy steel, of a width of less than 600 mm
18% 18% Bars and rods, hot-rolled, in irregularly wound coils, of other alloy steel
18% 18% Other bars and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel
18% 18% Wire of other alloy steel
New GST Rate: 3% Old GST Rate: 3%

Pig iron and spiegeleisen in pigs, blocks or other primary forms

New GST Rate: 3% Old GST Rate: 3%

Ferro-alloys

New GST Rate: 18% Old GST Rate: 18%

Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having minimum purity by weight of 99.94%, in lumps, pellets or similar forms

New GST Rate: 18% Old GST Rate: 18%

Ferrous waste and scrap; remelting scrap ingots of iron or steel

New GST Rate: 18% Old GST Rate: 18%

Granules and powders, of pig iron, spiegeleisen, iron or steel

New GST Rate: 18% Old GST Rate: 18%

Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 7203)

New GST Rate: 18% Old GST Rate: 18%

Semi-finished products of iron or non-alloy steel

New GST Rate: 18% Old GST Rate: 18%

Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hotrolled, not clad, plated or coated

New GST Rate: 18% Old GST Rate: 18%

Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, coldrolled (cold-reduced), not clad, plated or coated

New GST Rate: 18% Old GST Rate: 18%

Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated

New GST Rate: 18% Old GST Rate: 18%

Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, not clad, plated or coated

New GST Rate: 18% Old GST Rate: 18%

Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, clad, plated or coated

New GST Rate: 18% Old GST Rate: 18%

Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel

New GST Rate: 18% Old GST Rate: 18%

Other bars and rods of iron or non-alloy steel, not further worked than forged, hotrolled, hot-drawn or hot-extruded, but including those twisted after rolling

New GST Rate: 18% Old GST Rate: 18%

Other bars and rods of iron or non-alloy steel

New GST Rate: 18% Old GST Rate: 18%

Angles, shapes and sections of iron or nonalloy steel

New GST Rate: 18% Old GST Rate: 18%

Wire of iron or non-alloy steel

New GST Rate: 18% Old GST Rate: 18%

Stainless steel in ingots or other primary forms; semi-finished products of stainless steel

New GST Rate: 18% Old GST Rate: 18%

Flat-rolled products of stainless steel, of a width of 600 mm or more

New GST Rate: 18% Old GST Rate: 18%

Flat-rolled products of stainless steel, of a width of less than 600 mm

New GST Rate: 18% Old GST Rate: 18%

Barsandrods, hot-rolled, inirregularlywound coils, of stainless steel

New GST Rate: 18% Old GST Rate: 18%

Other bars and rods of stainless steel; angles, shapes and sections of stainless steel

New GST Rate: 18% Old GST Rate: 18%

Wire of stainless steel

New GST Rate: 18% Old GST Rate: 18%

Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel

New GST Rate: 18% Old GST Rate: 18%

Flat-rolled products of other alloy steel, of a width of 600 mm or more

New GST Rate: 18% Old GST Rate: 18%

Flat-rolled products of other alloy steel, of a width of less than 600 mm

New GST Rate: 18% Old GST Rate: 18%

Bars and rods, hot-rolled, in irregularly wound coils, of other alloy steel

New GST Rate: 18% Old GST Rate: 18%

Other bars and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel

New GST Rate: 18% Old GST Rate: 18%

Wire of other alloy steel

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Case Laws Related to Chapter 72

Order Number Description
Cc Fabs (AAR (Authority For Advance Ruling), Kerala)
Jsw Steel Ltd. (AAR (Authority For Advance Ruling), Karnataka)
M/S. Heavy Vehicles Factory (AAR (Authority For Advance Ruling), Tamil Nadu)
Rapid Electrodes Pvt. Ltd. (AAR (Authority For Advance Ruling), Gujarat)
Shashi Metals Private Ltd. (AAR (Authority For Advance Ruling), Uttar Pradesh)
Narsingh Ispat Limited And Other (Jharkhand High Court, Jharkhand)
Wiptech Peripheral Pvt. Ltd. (AAR (Authority For Advance Ruling), Gujarat)
Royal Carbon Black Private Limited (AAR (Authority For Advance Ruling), Maharashtra)
Penna Cement Industries Limited (AAR (Authority For Advance Ruling), Telangana)
Acrymold (AAR (Authority For Advance Ruling), Maharashtra)
M/S. A Raymond Fasteners India Pvt. Ltd. (AAR (Authority For Advance Ruling), Maharashtra)
Alka Industries (AAR (Authority For Advance Ruling), Gujarat)
Docsun Power Pvt. Ltd. (AAR (Authority For Advance Ruling), Gujarat)
M/S. Nmdc Limited (AAR (Authority For Advance Ruling), Madhya Pradesh)
Sanjog Steels Pvt. Ltd. (AAR (Authority For Advance Ruling), Rajasthan)
Trelleborg Marine Systems India Pvt. Ltd. (AAR (Authority For Advance Ruling), Gujarat)
Max Maintenance Ltd. (Delhi High Court, Delhi)
M/S. Aditya Industries (AAR (Authority For Advance Ruling), Himachal Pradesh)
M/S. Department Of Printing, Stationery And Publications (AAR (Authority For Advance Ruling), Karnataka)
Fs Enterprise (Gujarat High Court, Gujarat)
M.J.S. ENTERPRISES, H.B. ENTERPRISES, ROYAL AUTOMOBILES, M.G. AUTOMOBILES, S.A. AUTOMOBILES, T.S. ENTERPRISES, INDUS STEEL TRADERS, M.M. ENTERPRISES, A.M.K. ENTERPRISES, A.J. ENTERPRISES, FARHAN STEEL (Karnataka High Court, Karnataka)

Cc Fabs (AAR (Authority For Advance Ruling), Kerala)

Jsw Steel Ltd. (AAR (Authority For Advance Ruling), Karnataka)

M/S. Heavy Vehicles Factory (AAR (Authority For Advance Ruling), Tamil Nadu)

Rapid Electrodes Pvt. Ltd. (AAR (Authority For Advance Ruling), Gujarat)

Shashi Metals Private Ltd. (AAR (Authority For Advance Ruling), Uttar Pradesh)

Narsingh Ispat Limited And Other (Jharkhand High Court, Jharkhand)

Wiptech Peripheral Pvt. Ltd. (AAR (Authority For Advance Ruling), Gujarat)

Royal Carbon Black Private Limited (AAR (Authority For Advance Ruling), Maharashtra)

Penna Cement Industries Limited (AAR (Authority For Advance Ruling), Telangana)

Acrymold (AAR (Authority For Advance Ruling), Maharashtra)

M/S. A Raymond Fasteners India Pvt. Ltd. (AAR (Authority For Advance Ruling), Maharashtra)

Alka Industries (AAR (Authority For Advance Ruling), Gujarat)

Docsun Power Pvt. Ltd. (AAR (Authority For Advance Ruling), Gujarat)

M/S. Nmdc Limited (AAR (Authority For Advance Ruling), Madhya Pradesh)

Sanjog Steels Pvt. Ltd. (AAR (Authority For Advance Ruling), Rajasthan)

Trelleborg Marine Systems India Pvt. Ltd. (AAR (Authority For Advance Ruling), Gujarat)

Max Maintenance Ltd. (Delhi High Court, Delhi)

M/S. Aditya Industries (AAR (Authority For Advance Ruling), Himachal Pradesh)

M/S. Department Of Printing, Stationery And Publications (AAR (Authority For Advance Ruling), Karnataka)

M.J.S. ENTERPRISES, H.B. ENTERPRISES, ROYAL AUTOMOBILES, M.G. AUTOMOBILES, S.A. AUTOMOBILES, T.S. ENTERPRISES, INDUS STEEL TRADERS, M.M. ENTERPRISES, A.M.K. ENTERPRISES, A.J. ENTERPRISES, FARHAN STEEL (Karnataka High Court, Karnataka)

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.