HSN Codes chevron_right Section 15 chevron_right Chapter 72 chevron_right Sub Chapter 7223

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7223 HSN Code: Wire of stainless steel

HSN Sub Chapter 7223 represents Wire of stainless steel under GST classification. This code helps businesses identify Wire of stainless steel correctly for billing, taxation, and trade. With HSN Sub Chapter 7223, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Wire of stainless steel.

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New GST Rate for HSN Code 7223

GST Rate for Wire of stainless steel under HSN Code 7223. 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 7223 Wire of stainless steel 18% 18%

Chapter: 72

Description: Wire of stainless steel

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

Tariff HSN Codes under HSN Sub Chapter 7223

Following Tariff HSN code falls under Wire of stainless steel:

Tariff HSN Description
Wire of stainless steel : Electrode quality
Wire of stainless steel : Electrode quality
Wire of stainless steel : Other : Of thickness of above 1.5 mm
Wire of stainless steel : Other : Of thickness of above 1.5 mm
Wire of stainless steel : Other : Of thickness of 0.46 mm and above but not exceeding 1.5 mm
Wire of stainless steel : Other : Of thickness of 0.46 mm and above but not exceeding 1.5 mm
Wire of stainless steel : Other : Of thickness of below 0.46 mm
Wire of stainless steel : Other : Of thickness of below 0.46 mm

Wire of stainless steel : Electrode quality

Wire of stainless steel : Electrode quality

Wire of stainless steel : Other : Of thickness of above 1.5 mm

Wire of stainless steel : Other : Of thickness of above 1.5 mm

Wire of stainless steel : Other : Of thickness of 0.46 mm and above but not exceeding 1.5 mm

Wire of stainless steel : Other : Of thickness of 0.46 mm and above but not exceeding 1.5 mm

Wire of stainless steel : Other : Of thickness of below 0.46 mm

Wire of stainless steel : Other : Of thickness of below 0.46 mm

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FAQs for Sub Chapter 7223

What products are classified under HSN 7223

It includes Wire of stainless steel

What should my invoice and records include for Wire of stainless steel?

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.

Can I claim ITC on inputs and services used for Wire of stainless steel?

If your outward supply of Wire of stainless steel 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.

What are the e‑way bill and e‑invoice points while moving Wire of stainless steel?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

If I repair and return Wire of stainless 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.

How do I bill a kit or combo that includes Wire of stainless steel?

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.

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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