Guide to HSN Code 72041000

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    Description of Goods for HSN 72041000

    HSN Code 72041000 relates to the following description:

    Chapter Number
    Chapter Name
    Sub Chapter Number
    Sub Chapter Name
    Description of Goods
    CGST
    (%)
    SGST
    (%)
    IGST
    (%)
    CESS
    (%)
    Chapter Number
    72
    Chapter Name
    Iron and steel
    Sub Chapter Number
    7204
    Sub Chapter Name
    Ferrous waste and scrap; remelting scrap ingots of iron or steel
    Description of Goods
    Waste and scrap of cast iron
    CGST (%)
    9
    SGST (%)
    9
    IGST (%)
    18
    CESS (%)
    0
    Chapter Number
    72
    Chapter Name
    Iron and steel
    Sub Chapter Number
    7204
    Sub Chapter Name
    Ferrous waste and scrap; remelting scrap ingots of iron or steel
    Description of Goods
    Waste and scrap of cast iron
    CGST (%)
    9
    SGST (%)
    9
    IGST (%)
    18
    CESS (%)
    0

    What does HSN Code 72041000 not include?

    HSN Code 72041000 does not include products with the following descriptions:

    HSN Code
    Description
    HSN Code
    72042110
    Description
    Waste and scrap of alloy steel : Of stainless steel : Empty or discharged cartridges of all bores and sizes
    HSN Code
    72042190
    Description
    Waste and scrap of alloy steel : Of stainless steel : Other
    HSN Code
    72042910
    Description
    Waste and scrap of alloy steel : Other : Empty or discharged cartridges of all bores and sizes
    HSN Code
    72042920
    Description
    Waste and scrap of alloy steel : Other : Of high speed steel
    HSN Code
    72042990
    Description
    Waste and scrap of alloy steel : Other : Other
    HSN Code
    72043000
    Description
    Waste and scrap of tinned iron or steel
    HSN Code
    72044100
    Description
    Other waste and scrap : Turnings, shavings, chips, milling waste, saw dust, fillings, trimmings and stampings, whether or not in bundles
    HSN Code
    72044900
    Description
    Other waste and scrap : Other
    HSN Code
    72045000
    Description
    Remelting scrap ingots

    Case Laws Related to HSN 72041000

    Order Number
    Description
    Order Number
    GST-ARA-50/2019-20/B-60
    Description
    ROYAL CARBON BLACK PRIVATE LIMITED (Authority for Advance Ruling, Maharashtra)
    Order Number
    W.P (T) No. 177 of 2021 With W.P (T) No. 1261 of 2020 With W.P (T) No. 161 of 2021
    Description
    NARSINGH ISPAT LIMITED AND OTHER vs. UNION OF INDIA AND OTHERS (Jharkhand High Court)

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    The entire content on this page has been arranged to the best of the author’s understanding and is subject to periodic updates as per the law for the time being in force. The above does not constitute professional advice or a formal recommendation. While due care has been taken in preparing this content, the existence of mistakes and omissions cannot be ruled out. BUSY Infotech Private Ltd. and its associates will not be held responsible for any loss or damage arising from any inaccurate or incomplete information in this document. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.

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