HSN Code 72029916: Hot-Rolled Steel Strip - Alloy

HSN Code 72029916 represents Hot-Rolled Steel Strip - Alloy under GST classification. This code helps businesses identify Hot-Rolled Steel Strip - Alloy correctly for billing, taxation, and trade. With HSN Code 72029916, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-Rolled Steel Strip - Alloy.

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Description of Goods for HSN Code 72029916

HSN Code 72029916 relates to the following description.

Description of Goods

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-tantalum

Chapter

72 - Iron and steel

Sub Chapter

7202 - Ferro-alloys

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72029916 not include?

Hot-Rolled Steel Strip - Alloy does not include products with the following descriptions.

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-phosphorus

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-selenium

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-cobalt

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-columbium

Other : Other : Ferro-phosphorus, Ferro-selenium, Ferrocobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum : Ferro-zirconium

Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-zirconium

Other : Other : Ferro-silico-zirconium, Ferro-silico-magnesium : Ferro-silico-magnesium

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72029916 and GST compliance.

What products are classified under HSN 72029916 ?

It includes Other Cold-Rolled Steel Strip

Can we claim ITC on inputs used to trade Hot-Rolled Steel Strip - Alloy?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Hot-Rolled Steel Strip - Alloy?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Hot-Rolled Steel Strip - Alloy is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hot-Rolled Steel Strip - Alloy; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Hot-Rolled Steel Strip - Alloy?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

How much GST applies to Hot-Rolled Steel Strip - Alloy?

Under HSN 72029916, Hot-Rolled Steel Strip - Alloy attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.