What products are classified under HSN 72051029 ?
It includes Hot-Rolled Iron and Steel Strip (Non-Alloy)
HSN Code 72051029 represents Other Cold-Rolled Flat Products under GST classification. This code helps businesses identify Other Cold-Rolled Flat Products correctly for billing, taxation, and trade. With HSN Code 72051029, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Other Cold-Rolled Flat Products.
HSN Code 72051029 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 72 | Iron and steel | 7205 | Granules and powders, of pig iron, spiegeleisen, iron or steel | Granules : Of alloy steel : Other | 9% | 9% | 18% | 0% |
| 72 | Iron and steel | 7205 | Granules and powders, of pig iron, spiegeleisen, iron or steel | Granules : Of alloy steel : Other | 9% | 9% | 18% | 0% |
Other Cold-Rolled Flat Products does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Granules : Of iron : Shot and angular grit | |
| Granules : Of iron : Shot and angular grit | |
| Granules : Of iron : Wire pellets | |
| Granules : Of iron : Wire pellets | |
| Granules : Of iron : Other | |
| Granules : Of iron : Other | |
| Granules : Of alloy steel : Shot and angular grit | |
| Granules : Of alloy steel : Shot and angular grit | |
| Granules : Of alloy steel : Wire pellets | |
| Granules : Of alloy steel : Wire pellets | |
| Granules : Other | |
| Granules : Other | |
| Powders : Of alloy steel | |
| Powders : Of alloy steel | |
| Powders : Other : Of iron | |
| Powders : Other : Of iron | |
| Powders : Other : Other | |
| Powders : Other : Other |
Granules : Of iron : Shot and angular grit
Granules : Of iron : Shot and angular grit
Granules : Of iron : Wire pellets
Granules : Of iron : Wire pellets
Granules : Of iron : Other
Granules : Of iron : Other
Granules : Of alloy steel : Shot and angular grit
Granules : Of alloy steel : Shot and angular grit
Granules : Of alloy steel : Wire pellets
Granules : Of alloy steel : Wire pellets
Granules : Other
Granules : Other
Powders : Of alloy steel
Powders : Of alloy steel
Powders : Other : Of iron
Powders : Other : Of iron
Powders : Other : Other
Powders : Other : Other
It includes Hot-Rolled Iron and Steel Strip (Non-Alloy)
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Cold-Rolled Flat Products; Nil for exempt items if applicable).
Under HSN 72051029, Other Cold-Rolled Flat Products attracts Varies when sold in taxable form. Describe the exact form on the invoice.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
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.