What products are classified under HSN 72061010 ?
It includes Ferro-Chromium Alloys
HSN Code 72061010 represents Ferroalloys: Ferromanganese under GST classification. This code helps businesses identify Ferroalloys: Ferromanganese correctly for billing, taxation, and trade. With HSN Code 72061010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Ferroalloys: Ferromanganese.
HSN Code 72061010 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 | 7206 | Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 7203) | Ingots : Of iron | 9% | 9% | 18% | 0% |
| 72 | Iron and steel | 7206 | Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 7203) | Ingots : Of iron | 9% | 9% | 18% | 0% |
Ferroalloys: Ferromanganese does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Ingots : Of high carbon steel | |
| Ingots : Of high carbon steel | |
| Ingots : Other | |
| Ingots : Other | |
| Other : Of iron : Puddled bars and pilings | |
| Other : Of iron : Puddled bars and pilings | |
| Other : Of iron : Blocks, lumps and similar forms | |
| Other : Of iron : Blocks, lumps and similar forms | |
| Other : Of iron : Other | |
| Other : Of iron : Other | |
| Other : Other : Puddled bars and pilings | |
| Other : Other : Puddled bars and pilings | |
| Other : Other : Blocks, lumps and similar forms | |
| Other : Other : Blocks, lumps and similar forms | |
| Other : Other : Other | |
| Other : Other : Other |
Ingots : Of high carbon steel
Ingots : Of high carbon steel
Ingots : Other
Ingots : Other
Other : Of iron : Puddled bars and pilings
Other : Of iron : Puddled bars and pilings
Other : Of iron : Blocks, lumps and similar forms
Other : Of iron : Blocks, lumps and similar forms
Other : Of iron : Other
Other : Of iron : Other
Other : Other : Puddled bars and pilings
Other : Other : Puddled bars and pilings
Other : Other : Blocks, lumps and similar forms
Other : Other : Blocks, lumps and similar forms
Other : Other : Other
Other : Other : Other
It includes Ferro-Chromium Alloys
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 72061010, Ferroalloys: Ferromanganese attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Ferroalloys: Ferromanganese; Nil for exempt items if applicable).
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.