What products are classified under HSN 72181000 ?
It includes Stainless steel semi-finished products | Other
HSN Code 72181000 represents Ingots And Other Primary Forms under GST classification. This code helps businesses identify Ingots And Other Primary Forms correctly for billing, taxation, and trade. With HSN Code 72181000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Ingots And Other Primary Forms.
HSN Code 72181000 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 | 7218 | Stainless steel in ingots or other primary forms; semi-finished products of stainless steel | Ingots and other primary forms | 9% | 9% | 18% | 0% |
| 72 | Iron and steel | 7218 | Stainless steel in ingots or other primary forms; semi-finished products of stainless steel | Ingots and other primary forms | 9% | 9% | 18% | 0% |
Ingots And Other Primary Forms does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Other : Of rectangular (other than square) cross-section | |
| Other : Of rectangular (other than square) cross-section | |
| Other : Other : Billets | |
| Other : Other : Billets | |
| Other : Other : Other | |
| Other : Other : Other |
Other : Of rectangular (other than square) cross-section
Other : Of rectangular (other than square) cross-section
Other : Other : Billets
Other : Other : Billets
Other : Other : Other
Other : Other : Other
| Order Number | Description |
|---|---|
| Cc Fabs (AAR (Authority For Advance Ruling), Kerala) |
Cc Fabs (AAR (Authority For Advance Ruling), Kerala)
It includes Stainless steel semi-finished products | Other
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 Ingots And Other Primary Forms; Nil for exempt items if applicable).
Under HSN 72181000, Ingots And Other Primary Forms 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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.