HSN Codes chevron_right Section 15 chevron_right Chapter 72 chevron_right Sub Chapter 7204

Explore other subchapters under Chapter 72

7204 HSN Code: Ferrous scrap

HSN Sub Chapter 7204 represents Ferrous scrap under GST classification. This code helps businesses identify Ferrous scrap correctly for billing, taxation, and trade. With HSN Sub Chapter 7204, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Ferrous scrap.

Find The Right HSN & Bill Faster With BUSY



file_download 40K+ Monthly Downloads
group Trusted by 4 Lakh+ Businesses
smartphone Free Mobile App
star 4.6 Rated on Google

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
72 7204 Ferrous waste and scrap; remelting scrap ingots of iron or steel 18% 18%

Chapter: 72

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 Ferrous scrap:

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

Waste and scrap of cast iron

Waste and scrap of cast iron

Waste and scrap of alloy steel : Of stainless steel : Empty or discharged cartridges of all bores and sizes

Waste and scrap of alloy steel : Of stainless steel : Empty or discharged cartridges of all bores and sizes

Waste and scrap of alloy steel : Of stainless steel : Other

Waste and scrap of alloy steel : Of stainless steel : Other

Waste and scrap of alloy steel : Other : Empty or discharged cartridges of all bores and sizes

Waste and scrap of alloy steel : Other : Empty or discharged cartridges of all bores and sizes

Waste and scrap of alloy steel : Other : Of high speed steel

Waste and scrap of alloy steel : Other : Of high speed steel

Waste and scrap of alloy steel : Other : Other

Waste and scrap of alloy steel : Other : Other

Waste and scrap of tinned iron or steel

Waste and scrap of tinned iron or steel

Other waste and scrap : Turnings, shavings, chips, milling waste, saw dust, fillings, trimmings and stampings, whether or not in bundles

Other waste and scrap : Turnings, shavings, chips, milling waste, saw dust, fillings, trimmings and stampings, whether or not in bundles

Other waste and scrap : Other

Other waste and scrap : Other

Remelting scrap ingots

Remelting scrap ingots

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


file_download 40K+ Monthly Downloads
group Trusted by 4 Lakh+ Businesses
smartphone Free Mobile App
star 4.6 Rated on Google
experiment id: lead-form-no-email v1

Case Laws Related to Sub Chapter 7204

Order Number Description
Narsingh Ispat Limited And Other (Jharkhand High Court, Jharkhand)
Royal Carbon Black Private Limited (AAR (Authority For Advance Ruling), Maharashtra)
M/S. Aditya Industries (AAR (Authority For Advance Ruling), Himachal Pradesh)
M/S. Department Of Printing, Stationery And Publications (AAR (Authority For Advance Ruling), Karnataka)
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)

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

Royal Carbon Black Private Limited (AAR (Authority For Advance Ruling), Maharashtra)

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

M/S. Department Of Printing, Stationery And Publications (AAR (Authority For Advance Ruling), Karnataka)

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)

FAQs for Sub Chapter 7204

What products are classified under HSN 7204

It includes Ferrous scrap

How do I bill a kit or combo that includes Ferrous scrap?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

Any special steps when selling Ferrous scrap through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

What misclassification mistakes happen with Ferrous scrap?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

Do spares or accessories of Ferrous scrap 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.

If I repair and return Ferrous scrap, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

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 expand_more
HSN Codes:
State Code List:

Explore other subchapters under Chapter 72