HSN Code 72249030: Cobalt bearing steel

HSN Code 72249030 represents Cobalt bearing steel under GST classification. This code helps businesses identify Cobalt bearing steel correctly for billing, taxation, and trade. With HSN Code 72249030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Cobalt bearing steel.

Find The Right HSN & Bill Faster With BUSY

Phone Number*

Country code

Email ID*

City*

40K+ Monthly Downloads

Trusted by 4 Lakh+ Business Owners

4.6 Rated on Google

Chapter Number	Chapter Name	Sub Chapter Number	Sub Chapter Name	Description of Goods	CGST (%)	SGST (%)	IGST (%)	CESS (%)
72	Iron and steel	7224	Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel	Other : Of cobalt bearing high speed steel quality	9%	9%	18%	0%
72	Iron and steel	7224	Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel	Other : Of cobalt bearing high speed steel quality	9%	9%	18%	0%

Description of goods

Other : Of cobalt bearing high speed steel quality

Chapter

72 – Iron and steel

Sub Chapter

7224 – Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel

CGST 9%

SGST 9%

IGST 18%

CESS 0%

Description of goods

Other : Of cobalt bearing high speed steel quality

Chapter

72 – Iron and steel

Sub Chapter

7224 – Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel

CGST 9%

SGST 9%

IGST 18%

CESS 0%

HSN Code	Description
72241000	Ingots and other primary forms
72241000	Ingots and other primary forms
72249010	Other : Of tool steel quality
72249010	Other : Of tool steel quality
72249020	Other : Of die steel quality
72249020	Other : Of die steel quality
72249040	Other : Forged blanks of alloy steel
72249040	Other : Forged blanks of alloy steel
72249091	Other : Other : Billets
72249091	Other : Other : Billets
72249099	Other : Other : Other
72249099	Other : Other : Other

HSN Code 72241000

Ingots and other primary forms

HSN Code 72241000

Ingots and other primary forms

HSN Code 72249010

Other : Of tool steel quality

HSN Code 72249010

Other : Of tool steel quality

HSN Code 72249020

Other : Of die steel quality

HSN Code 72249020

Other : Of die steel quality

HSN Code 72249040

Other : Forged blanks of alloy steel

HSN Code 72249040

Other : Forged blanks of alloy steel

HSN Code 72249091

Other : Other : Billets

HSN Code 72249091

Other : Other : Billets

HSN Code 72249099

Other : Other : Other

HSN Code 72249099

Other : Other : Other

Wrong HSN codes causing GST errors? BUSY auto-applies the correct code & rate on desktop and mobile.

City*

Phone Number*

Country code

What products are classified under HSN 72249030 ?

It includes Semi-finished products of other alloy steel | Other

How should mixed supplies be billed when Cobalt bearing steel is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cobalt bearing steel; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Cobalt bearing steel?

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.

Any common misclassification issue with Cobalt bearing steel?

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

Does packaging or labelling change the GST for Cobalt bearing steel?

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.

Can we claim ITC on inputs used to trade Cobalt bearing steel?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Cobalt bearing steel?

Under HSN 72249030, Cobalt bearing steel attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.

Explore More HSN Codes from Chapter 72

Sub Chapters:

HSN Codes:

State Code List:

GST State Code List

Find New GST Rate By Product Name or HSN Code

Taxonomy