What products are classified under HSN 7218
It includes Stainless steel products
HSN Sub Chapter 7218 represents Stainless steel products under GST classification. This code helps businesses identify Stainless steel products correctly for billing, taxation, and trade. With HSN Sub Chapter 7218, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Stainless steel products.
GST Rate for Stainless steel products under HSN Code 7218. 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 | 7218 | Stainless steel in ingots or other primary forms; semi-finished products of stainless steel | 18% | 18% |
Chapter: 72
Description: Stainless steel in ingots or other primary forms; semi-finished products of stainless steel
Following Tariff HSN code falls under Stainless steel products:
| Tariff HSN | Description |
|---|---|
| Ingots and other primary forms | |
| Ingots and other primary forms | |
| Other : Of rectangular (other than square) cross-section | |
| Other : Of rectangular (other than square) cross-section | |
| Other : Other : Billets | |
| Other : Other : Billets | |
| Other : Other : Other | |
| Other : Other : Other |
Ingots and other primary forms
Ingots and other primary forms
Other : Of rectangular (other than square) cross-section
Other : Of rectangular (other than square) cross-section
Other : Other : Billets
Other : Other : Billets
Other : Other : Other
Other : Other : Other
| Order Number | Description |
|---|---|
| Cc Fabs (AAR (Authority For Advance Ruling), Kerala) |
Cc Fabs (AAR (Authority For Advance Ruling), Kerala)
It includes Stainless steel products
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.
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.
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.
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Stainless steel products is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
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.