HSN Codes chevron_right Section 15 chevron_right Chapter 72 chevron_right Sub Chapter 7218

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7218 HSN Code: 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.

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New GST Rate for HSN Code 7218

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

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

Tariff HSN Codes under HSN Sub Chapter 7218

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

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Case Laws Related to Sub Chapter 7218

Order Number Description
Cc Fabs (AAR (Authority For Advance Ruling), Kerala)

Cc Fabs (AAR (Authority For Advance Ruling), Kerala)

FAQs for Sub Chapter 7218

What products are classified under HSN 7218

It includes Stainless steel products

Any special steps when selling Stainless steel products 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.

Do spares or accessories of Stainless steel products 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.

Is the composition scheme suitable if I mainly trade Stainless steel products?

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 Stainless steel products, 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.

Any import/export nuance for Stainless steel products?

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.

Does packaging or branding change how GST applies to Stainless steel products?

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.

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.

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