What products are classified under HSN 7224
It includes Other alloy steel products
HSN Sub Chapter 7224 represents Other alloy steel products under GST classification. This code helps businesses identify Other alloy steel products correctly for billing, taxation, and trade. With HSN Sub Chapter 7224, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Other alloy steel products.
GST Rate for Other alloy steel products under HSN Code 7224. 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 | 7224 | Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel | 18% | 18% |
Chapter: 72
Description: Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel
Following Tariff HSN code falls under Other alloy steel products:
| Tariff HSN | Description |
|---|---|
| Ingots and other primary forms | |
| Ingots and other primary forms | |
| Other : Of tool steel quality | |
| Other : Of tool steel quality | |
| Other : Of die steel quality | |
| Other : Of die steel quality | |
| Other : Of cobalt bearing high speed steel quality | |
| Other : Of cobalt bearing high speed steel quality | |
| Other : Forged blanks of alloy steel | |
| Other : Forged blanks of alloy steel | |
| Other : Other : Billets | |
| Other : Other : Billets | |
| Other : Other : Other | |
| Other : Other : Other |
Ingots and other primary forms
Ingots and other primary forms
Other : Of tool steel quality
Other : Of tool steel quality
Other : Of die steel quality
Other : Of die steel quality
Other : Of cobalt bearing high speed steel quality
Other : Of cobalt bearing high speed steel quality
Other : Forged blanks of alloy steel
Other : Forged blanks of alloy steel
Other : Other : Billets
Other : Other : Billets
Other : Other : Other
Other : Other : Other
It includes Other alloy steel products
Use a delivery challan for sending Other alloy steel products to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Other alloy 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.
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.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
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.