What products are classified under HSN 72230091 ?
It includes Ingots And Other Primary Forms
HSN Code 72230091 represents Stainless steel wire: 1.5mm+ thickness under GST classification. This code helps businesses identify Stainless steel wire: 1.5mm+ thickness correctly for billing, taxation, and trade. With HSN Code 72230091, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Stainless steel wire: 1.5mm+ thickness.
HSN Code 72230091 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 | 7223 | Wire of stainless steel | Wire of stainless steel : Other : Of thickness of above 1.5 mm | 9% | 9% | 18% | 0% |
| 72 | Iron and steel | 7223 | Wire of stainless steel | Wire of stainless steel : Other : Of thickness of above 1.5 mm | 9% | 9% | 18% | 0% |
Stainless steel wire: 1.5mm+ thickness does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Wire of stainless steel : Electrode quality | |
| Wire of stainless steel : Electrode quality | |
| Wire of stainless steel : Other : Of thickness of 0.46 mm and above but not exceeding 1.5 mm | |
| Wire of stainless steel : Other : Of thickness of 0.46 mm and above but not exceeding 1.5 mm | |
| Wire of stainless steel : Other : Of thickness of below 0.46 mm | |
| Wire of stainless steel : Other : Of thickness of below 0.46 mm |
Wire of stainless steel : Electrode quality
Wire of stainless steel : Electrode quality
Wire of stainless steel : Other : Of thickness of 0.46 mm and above but not exceeding 1.5 mm
Wire of stainless steel : Other : Of thickness of 0.46 mm and above but not exceeding 1.5 mm
Wire of stainless steel : Other : Of thickness of below 0.46 mm
Wire of stainless steel : Other : Of thickness of below 0.46 mm
It includes Ingots And Other Primary Forms
Under HSN 72230091, Stainless steel wire: 1.5mm+ thickness 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.
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 the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
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.