HSN Codes chevron_right Section 15 chevron_right Chapter 72 chevron_right Sub Chapter 7201

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7201 HSN Code: Pig iron

HSN Sub Chapter 7201 represents Pig iron under GST classification. This code helps businesses identify Pig iron correctly for billing, taxation, and trade. With HSN Sub Chapter 7201, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Pig iron.

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New GST Rate for HSN Code 7201

GST Rate for Pig iron under HSN Code 7201. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.

Chapter No HSN Code HSN Description New GST Rate Old GST Rate
72 7201 Pig iron and spiegeleisen in pigs, blocks or other primary forms 3% 3%

Chapter: 72

Description: Pig iron and spiegeleisen in pigs, blocks or other primary forms

New GST Rate: 3% Old GST Rate: 3%

Tariff HSN Codes under HSN Sub Chapter 7201

Following Tariff HSN code falls under Pig iron:

Tariff HSN Description
Non-alloy pig iron containing by weight 0.5% or less of phosphorus
Non-alloy pig iron containing by weight 0.5% or less of phosphorus
Non-alloy pig iron containing by weight more than 0.5% of phosphorus
Non-alloy pig iron containing by weight more than 0.5% of phosphorus
Alloy pig iron; spiegeleisen : Cast iron
Alloy pig iron; spiegeleisen : Cast iron
Alloy pig iron; spiegeleisen : Other
Alloy pig iron; spiegeleisen : Other

Non-alloy pig iron containing by weight 0.5% or less of phosphorus

Non-alloy pig iron containing by weight 0.5% or less of phosphorus

Non-alloy pig iron containing by weight more than 0.5% of phosphorus

Non-alloy pig iron containing by weight more than 0.5% of phosphorus

Alloy pig iron; spiegeleisen : Cast iron

Alloy pig iron; spiegeleisen : Cast iron

Alloy pig iron; spiegeleisen : Other

Alloy pig iron; spiegeleisen : Other

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Case Laws Related to Sub Chapter 7201

Order Number Description
Narsingh Ispat Limited And Other (Jharkhand High Court, Jharkhand)
M/S. Nmdc Limited (AAR (Authority For Advance Ruling), Madhya Pradesh)

Narsingh Ispat Limited And Other (Jharkhand High Court, Jharkhand)

M/S. Nmdc Limited (AAR (Authority For Advance Ruling), Madhya Pradesh)

FAQs for Sub Chapter 7201

What products are classified under HSN 7201

It includes Pig iron

How should I document Pig iron sent for job work?

Use a delivery challan for sending Pig iron to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

Does MRP, weight or pack size change GST treatment for Pig iron?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

Any import/export nuance for Pig iron?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

How are warranty replacements of Pig iron handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

What should my invoice and records include for Pig iron?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

Do spares or accessories of Pig iron follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part 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.

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