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
Description
ROYAL CARBON BLACK PRIVATE LIMITED (Authority for Advance Ruling, Maharashtra)
Description
NARSINGH ISPAT LIMITED AND OTHER vs. UNION OF INDIA AND OTHERS (Jharkhand High Court)

Important Disclaimer

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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