HSN Code 72123090: Hot-Rolled High Speed Steel Coils (>=600mm)

HSN Code 72123090 represents Hot-Rolled High Speed Steel Coils (>=600mm) under GST classification. This code helps businesses identify Hot-Rolled High Speed Steel Coils (>=600mm) correctly for billing, taxation, and trade. With HSN Code 72123090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Hot-Rolled High Speed Steel Coils (>=600mm).

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Description of Goods for HSN Code 72123090

HSN Code 72123090 relates to the following description.

Description of Goods

Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, clad, plated or coated - otherwise plated or coated with zinc : other

Chapter

72 - Iron and steel

Sub Chapter

7212 - Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, clad, plated or coated

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72123090 not include?

Hot-Rolled High Speed Steel Coils (>=600mm) does not include products with the following descriptions.

Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, clad, plated or coated - electrolytically plated or coated with zinc : other

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72123090 and GST compliance.

What products are classified under HSN 72123090 ?

It includes Other Needles/Pins

Any common misclassification issue with Hot-Rolled High Speed Steel Coils (>=600mm)?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How much GST applies to Hot-Rolled High Speed Steel Coils (>=600mm)?

Under HSN 72123090, Hot-Rolled High Speed Steel Coils (>=600mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Hot-Rolled High Speed Steel Coils (>=600mm) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hot-Rolled High Speed Steel Coils (>=600mm); Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Hot-Rolled High Speed Steel Coils (>=600mm)?

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.

Does packaging or labelling change the GST for Hot-Rolled High Speed Steel Coils (>=600mm)?

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.

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.