What products are classified under HSN 72132020 ?
It includes Cold Heading Quality Wire (<14mm Diameter)
HSN Code 72132020 represents Cold heading quality steel under GST classification. This code helps businesses identify Cold heading quality steel correctly for billing, taxation, and trade. With HSN Code 72132020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Cold heading quality steel.
HSN Code 72132020 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 | 7213 | Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel | Other, of free-cutting steel : Cold heading quality | 9% | 9% | 18% | 0% |
| 72 | Iron and steel | 7213 | Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel | Other, of free-cutting steel : Cold heading quality | 9% | 9% | 18% | 0% |
Cold heading quality steel does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Containing indentations, ribs, grooves or other deformations produced during the rolling process : Of free cutting steel | |
| Containing indentations, ribs, grooves or other deformations produced during the rolling process : Of free cutting steel | |
| Containing indentations, ribs, grooves or other deformations produced during the rolling process : Other | |
| Containing indentations, ribs, grooves or other deformations produced during the rolling process : Other | |
| Other, of free-cutting steel : Electrode quality | |
| Other, of free-cutting steel : Electrode quality | |
| Other, of free-cutting steel : Other | |
| Other, of free-cutting steel : Other | |
| Other : Of circular cross-section measuring less than 14 mm in diameter : Electrode quality | |
| Other : Of circular cross-section measuring less than 14 mm in diameter : Electrode quality | |
| Other : Of circular cross-section measuring less than 14 mm in diameter : Cold heading quality | |
| Other : Of circular cross-section measuring less than 14 mm in diameter : Cold heading quality | |
| Other : Of circular cross-section measuring less than 14 mm in diameter : Other | |
| Other : Of circular cross-section measuring less than 14 mm in diameter : Other | |
| Other : Other : Electrode quality | |
| Other : Other : Electrode quality | |
| Other : Other : Cold heading quality | |
| Other : Other : Cold heading quality | |
| Other : Other : Other | |
| Other : Other : Other |
Containing indentations, ribs, grooves or other deformations produced during the rolling process : Of free cutting steel
Containing indentations, ribs, grooves or other deformations produced during the rolling process : Of free cutting steel
Containing indentations, ribs, grooves or other deformations produced during the rolling process : Other
Containing indentations, ribs, grooves or other deformations produced during the rolling process : Other
Other, of free-cutting steel : Electrode quality
Other, of free-cutting steel : Electrode quality
Other, of free-cutting steel : Other
Other, of free-cutting steel : Other
Other : Of circular cross-section measuring less than 14 mm in diameter : Electrode quality
Other : Of circular cross-section measuring less than 14 mm in diameter : Electrode quality
Other : Of circular cross-section measuring less than 14 mm in diameter : Cold heading quality
Other : Of circular cross-section measuring less than 14 mm in diameter : Cold heading quality
Other : Of circular cross-section measuring less than 14 mm in diameter : Other
Other : Of circular cross-section measuring less than 14 mm in diameter : Other
Other : Other : Electrode quality
Other : Other : Electrode quality
Other : Other : Cold heading quality
Other : Other : Cold heading quality
Other : Other : Other
Other : Other : Other
It includes Cold Heading Quality Wire (<14mm Diameter)
Under HSN 72132020, Cold heading quality steel 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.
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 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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cold heading quality steel; Nil for exempt items if applicable).
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.