What products are classified under HSN 72249099 ?
It includes Of silicon-electrical steel: Other: Cold rolled
HSN Code 72249099 represents Semi-finished products of other alloy steel | Other under GST classification. This code helps businesses identify Semi-finished products of other alloy steel | Other correctly for billing, taxation, and trade. With HSN Code 72249099, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Semi-finished products of other alloy steel | Other.
HSN Code 72249099 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 | 7224 | Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel | Other : Other : Other | 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 : Other : Other | 9% | 9% | 18% | 0% |
Semi-finished products of other alloy steel | Other does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Ingots and other primary forms | |
| Ingots and other primary forms | |
| Other : Of tool steel quality | |
| Other : Of tool steel quality | |
| Other : Of die steel quality | |
| Other : Of die steel quality | |
| Other : Of cobalt bearing high speed steel quality | |
| Other : Of cobalt bearing high speed steel quality | |
| Other : Forged blanks of alloy steel | |
| Other : Forged blanks of alloy steel | |
| Other : Other : Billets | |
| Other : Other : Billets |
Ingots and other primary forms
Ingots and other primary forms
Other : Of tool steel quality
Other : Of tool steel quality
Other : Of die steel quality
Other : Of die steel quality
Other : Of cobalt bearing high speed steel quality
Other : Of cobalt bearing high speed steel quality
Other : Forged blanks of alloy steel
Other : Forged blanks of alloy steel
Other : Other : Billets
Other : Other : Billets
It includes Of silicon-electrical steel: Other: Cold rolled
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 72249099, Semi-finished products of other alloy steel / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Semi-finished products of other alloy steel / Other; Nil for exempt items if applicable).
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.