HSN Code 72061020: Ferroalloys: Silicomanganese

HSN Code 72061020 represents Ferroalloys: Silicomanganese under GST classification. This code helps businesses identify Ferroalloys: Silicomanganese correctly for billing, taxation, and trade. With HSN Code 72061020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Ferroalloys: Silicomanganese.

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Description of Goods for Ferroalloys: Silicomanganese

HSN Code 72061020 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 high carbon steel 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 high carbon steel 9% 9% 18% 0%

Description of goods

Ingots : Of high carbon steel

Chapter

72 – Iron and steel

Sub Chapter

7206 – Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 7203)

CGST 9%
SGST 9%
IGST 18%
CESS 0%

Description of goods

Ingots : Of high carbon steel

Chapter

72 – Iron and steel

Sub Chapter

7206 – Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 7203)

CGST 9%
SGST 9%
IGST 18%
CESS 0%

What does HSN Code 72061020 not include?

Ferroalloys: Silicomanganese does not include products with the following descriptions:

HSN Code Description
Ingots : Of iron
Ingots : Of iron
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 iron

Ingots : Of iron

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

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FAQs for HSN Code 72061020

What products are classified under HSN 72061020 ?

It includes Charge-Chrome Ferro-Boron

Can we claim ITC on inputs used to trade Ferroalloys: Silicomanganese?

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

How much GST applies to Ferroalloys: Silicomanganese?

Under HSN 72061020, Ferroalloys: Silicomanganese attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Ferroalloys: Silicomanganese is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Ferroalloys: Silicomanganese; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Ferroalloys: Silicomanganese?

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.

Do e‑way bill and e‑invoice apply for Ferroalloys: Silicomanganese?

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.

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.

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