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    New GST Rate for HSN Code 7203

    GST Rate for Ferrous products, iron 99.94% purity under HSN Code 7203. 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
    Chapter No
    72
    HSN Code
    7203
    HSN Description
    Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having minimum purity by weight of 99.94%, in lumps, pellets or similar forms
    New GST Rate
    18%
    Old GST Rate
    18%

    Tariff HSN Codes under HSN Sub Chapter 7203

    Following Tariff HSN code falls under HSN Sub Chapter 7203:

    Tariff HSN
    Description
    Tariff HSN
    72031000
    Description
    Ferrous products obtained by direct reduction of iron ore
    Tariff HSN
    72031000
    Description
    Ferrous products obtained by direct reduction of iron ore
    Tariff HSN
    72039000
    Description
    Other
    Tariff HSN
    72039000
    Description
    Other

    Case Laws Related to Sub Chapter 7203

    Order Number
    Description
    Description
    M/S. Aditya Industries (AAR (Authority For Advance Ruling), Himachal Pradesh)

    Important Disclaimer

    The entire content on this page has been arranged to the best of the author's understanding and is subject to periodic updates as per the law for the time being in force. The above does not constitute professional advice or a formal recommendation. While due care has been taken in preparing this content, the existence of mistakes and omissions cannot be ruled out. BUSY Infotech Private Ltd. and its associates will not be held responsible for any loss or damage arising from any inaccurate or incomplete information in this document. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.