HSN Codes chevron_right Section 15 chevron_right Chapter 72 chevron_right Sub Chapter 7206

Explore other subchapters under Chapter 72

7206 HSN Code: Primary Iron & Steel

HSN Sub Chapter 7206 represents Primary Iron & Steel under GST classification. This code helps businesses identify Primary Iron & Steel correctly for billing, taxation, and trade. With HSN Sub Chapter 7206, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Primary Iron & Steel.

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 7206

GST Rate for Primary Iron & Steel under HSN Code 7206. 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 7206 Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 7203) 18% 18%

Chapter: 72

Description: Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 7203)

New GST Rate: 18% Old GST Rate: 18%

Tariff HSN Codes under HSN Sub Chapter 7206

Following Tariff HSN code falls under Primary Iron & Steel:

Tariff HSN Description
Ingots : Of iron
Ingots : Of iron
Ingots : Of high carbon steel
Ingots : Of high carbon steel
Ingots : Other
Ingots : Other
Other : Of iron : Puddled bars and pilings
Other : Of iron : Puddled bars and pilings
Other : Of iron : Blocks, lumps and similar forms
Other : Of iron : Blocks, lumps and similar forms
Other : Of iron : Other
Other : Of iron : Other
Other : Other : Puddled bars and pilings
Other : Other : Puddled bars and pilings
Other : Other : Blocks, lumps and similar forms
Other : Other : Blocks, lumps and similar forms
Other : Other : Other
Other : Other : Other

Ingots : Of iron

Ingots : Of iron

Ingots : Of high carbon steel

Ingots : Of high carbon steel

Ingots : Other

Ingots : Other

Other : Of iron : Puddled bars and pilings

Other : Of iron : Puddled bars and pilings

Other : Of iron : Blocks, lumps and similar forms

Other : Of iron : Blocks, lumps and similar forms

Other : Of iron : Other

Other : Of iron : Other

Other : Other : Puddled bars and pilings

Other : Other : Puddled bars and pilings

Other : Other : Blocks, lumps and similar forms

Other : Other : Blocks, lumps and similar forms

Other : Other : Other

Other : Other : Other

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

FAQs for Sub Chapter 7206

What products are classified under HSN 7206

It includes Primary Iron & Steel

Any special steps when selling Primary Iron & Steel 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.

How are warranty replacements of Primary Iron & Steel 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 misclassification mistakes happen with Primary Iron & Steel?

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.

Is the composition scheme suitable if I mainly trade Primary Iron & Steel?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

If I repair and return Primary Iron & Steel, 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