What products are classified under HSN 72143000 ?
It includes Other | Other | Of Spring Steel Quality
HSN Code 72143000 represents Other, Of Free Cutting Steel under GST classification. This code helps businesses identify Other, Of Free Cutting Steel correctly for billing, taxation, and trade. With HSN Code 72143000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Other, Of Free Cutting Steel.
HSN Code 72143000 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 | 7214 | Other bars and rods of iron or non-alloy steel, not further worked than forged, hotrolled, hot-drawn or hot-extruded, but including those twisted after rolling | Other, of free cutting steel | 9% | 9% | 18% | 0% |
| 72 | Iron and steel | 7214 | Other bars and rods of iron or non-alloy steel, not further worked than forged, hotrolled, hot-drawn or hot-extruded, but including those twisted after rolling | Other, of free cutting steel | 9% | 9% | 18% | 0% |
Other, Of Free Cutting Steel does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Forged : Spring steel quality | |
| Forged : Spring steel quality | |
| Forged : Other | |
| Forged : Other | |
| Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling : Spring steel quality | |
| Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling : Spring steel quality | |
| Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling : Other | |
| Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling : Other | |
| Other : Of rectangular (other than square) cross-section : Mild steel bright bar | |
| Other : Of rectangular (other than square) cross-section : Mild steel bright bar | |
| Other : Of rectangular (other than square) cross-section : Other | |
| Other : Of rectangular (other than square) cross-section : Other | |
| Other : Other : Of spring steel quality | |
| Other : Other : Of spring steel quality | |
| Other : Other : Other | |
| Other : Other : Other |
Forged : Spring steel quality
Forged : Spring steel quality
Forged : Other
Forged : Other
Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling : Spring steel quality
Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling : Spring steel quality
Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling : Other
Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling : Other
Other : Of rectangular (other than square) cross-section : Mild steel bright bar
Other : Of rectangular (other than square) cross-section : Mild steel bright bar
Other : Of rectangular (other than square) cross-section : Other
Other : Of rectangular (other than square) cross-section : Other
Other : Other : Of spring steel quality
Other : Other : Of spring steel quality
Other : Other : Other
Other : Other : Other
It includes Other | Other | Of Spring Steel Quality
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other, Of Free Cutting Steel; Nil for exempt items if applicable).
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
Under HSN 72143000, Other, Of Free Cutting Steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.