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New GST Rate for HSN Code 7204

GST Rate for Ferrous scrap under HSN Code 7204. 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
7204
HSN Description
Ferrous waste and scrap; remelting scrap ingots of iron or steel
New GST Rate
18%
Old GST Rate
18%

Tariff HSN Codes under HSN Sub Chapter 7204

Following Tariff HSN code falls under HSN Sub Chapter 7204:

Tariff HSN
Description
Tariff HSN
72041000
Description
Waste and scrap of cast iron
Tariff HSN
72041000
Description
Waste and scrap of cast iron
Tariff HSN
72042110
Description
Waste and scrap of alloy steel : Of stainless steel : Empty or discharged cartridges of all bores and sizes
Tariff HSN
72042110
Description
Waste and scrap of alloy steel : Of stainless steel : Empty or discharged cartridges of all bores and sizes
Tariff HSN
72042190
Description
Waste and scrap of alloy steel : Of stainless steel : Other
Tariff HSN
72042190
Description
Waste and scrap of alloy steel : Of stainless steel : Other
Tariff HSN
72042910
Description
Waste and scrap of alloy steel : Other : Empty or discharged cartridges of all bores and sizes
Tariff HSN
72042910
Description
Waste and scrap of alloy steel : Other : Empty or discharged cartridges of all bores and sizes
Tariff HSN
72042920
Description
Waste and scrap of alloy steel : Other : Of high speed steel
Tariff HSN
72042920
Description
Waste and scrap of alloy steel : Other : Of high speed steel
Tariff HSN
72042990
Description
Waste and scrap of alloy steel : Other : Other
Tariff HSN
72042990
Description
Waste and scrap of alloy steel : Other : Other
Tariff HSN
72043000
Description
Waste and scrap of tinned iron or steel
Tariff HSN
72043000
Description
Waste and scrap of tinned iron or steel
Tariff HSN
72044100
Description
Other waste and scrap : Turnings, shavings, chips, milling waste, saw dust, fillings, trimmings and stampings, whether or not in bundles
Tariff HSN
72044100
Description
Other waste and scrap : Turnings, shavings, chips, milling waste, saw dust, fillings, trimmings and stampings, whether or not in bundles
Tariff HSN
72044900
Description
Other waste and scrap : Other
Tariff HSN
72044900
Description
Other waste and scrap : Other
Tariff HSN
72045000
Description
Remelting scrap ingots
Tariff HSN
72045000
Description
Remelting scrap ingots

Case Laws Related to Sub Chapter 7204

Order Number
Description
Description
Narsingh Ispat Limited And Other (Jharkhand High Court, Jharkhand)
Description
Royal Carbon Black Private Limited (AAR (Authority For Advance Ruling), Maharashtra)
Description
M/S. Aditya Industries (AAR (Authority For Advance Ruling), Himachal Pradesh)
Order Number
KAR ADRG 11/2020
Description
M/S. Department Of Printing, Stationery And Publications (AAR (Authority For Advance Ruling), Karnataka)
Description
M.J.S. ENTERPRISES, H.B. ENTERPRISES, ROYAL AUTOMOBILES, M.G. AUTOMOBILES, S.A. AUTOMOBILES, T.S. ENTERPRISES, INDUS STEEL TRADERS, M.M. ENTERPRISES, A.M.K. ENTERPRISES, A.J. ENTERPRISES, FARHAN STEEL (Karnataka High Court, Karnataka)

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.