What products are classified under HSN 7205
It includes Iron Powders
HSN Sub Chapter 7205 represents Iron Powders under GST classification. This code helps businesses identify Iron Powders correctly for billing, taxation, and trade. With HSN Sub Chapter 7205, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Iron Powders.
GST Rate for Iron Powders under HSN Code 7205. 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 | 7205 | Granules and powders, of pig iron, spiegeleisen, iron or steel | 18% | 18% |
Chapter: 72
Description: Granules and powders, of pig iron, spiegeleisen, iron or steel
Following Tariff HSN code falls under Iron Powders:
| Tariff HSN | Description |
|---|---|
| Granules : Of iron : Shot and angular grit | |
| Granules : Of iron : Shot and angular grit | |
| Granules : Of iron : Wire pellets | |
| Granules : Of iron : Wire pellets | |
| Granules : Of iron : Other | |
| Granules : Of iron : Other | |
| Granules : Of alloy steel : Shot and angular grit | |
| Granules : Of alloy steel : Shot and angular grit | |
| Granules : Of alloy steel : Wire pellets | |
| Granules : Of alloy steel : Wire pellets | |
| Granules : Of alloy steel : Other | |
| Granules : Of alloy steel : Other | |
| Granules : Other | |
| Granules : Other | |
| Powders : Of alloy steel | |
| Powders : Of alloy steel | |
| Powders : Other : Of iron | |
| Powders : Other : Of iron | |
| Powders : Other : Other | |
| Powders : Other : Other |
Granules : Of iron : Shot and angular grit
Granules : Of iron : Shot and angular grit
Granules : Of iron : Wire pellets
Granules : Of iron : Wire pellets
Granules : Of iron : Other
Granules : Of iron : Other
Granules : Of alloy steel : Shot and angular grit
Granules : Of alloy steel : Shot and angular grit
Granules : Of alloy steel : Wire pellets
Granules : Of alloy steel : Wire pellets
Granules : Of alloy steel : Other
Granules : Of alloy steel : Other
Granules : Other
Granules : Other
Powders : Of alloy steel
Powders : Of alloy steel
Powders : Other : Of iron
Powders : Other : Of iron
Powders : Other : Other
Powders : Other : Other
It includes Iron Powders
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.
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.
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.
If your outward supply of Iron Powders is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
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.
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.