Typical GST rate
Varies
Depends on sub-classification
Type
Goods
HSN classification
Code level
4-digit
Heading
Reading code 7202
The first two digits (72) place this code in chapter 72 — Iron and Steel. As a 4-digit heading it groups a whole product family; 6 and 8-digit codes underneath it get more specific. Remember: you can never invent a shorter code by truncating a longer one — only codes that exist in the official tariff are valid.
Primary iron and steel — ingots, HR/CR coils, bars, rods, TMT, and wire. The raw-material chapter for every steel trader, at 18% GST.
More specific codes under 7202
- 720211 — Iron and Steel — ferro-alloys — containing by weight more than 2% of carbon
- 72021100 — Iron and Steel — ferro-alloys — containing by weight more than 2% of carbon — containing by weight more than 2% of carbon
- 720219 — Iron and Steel — ferro-alloys — other
- 72021900 — Iron and Steel — ferro-alloys — other — other
- 720221 — Iron and Steel — ferro-alloys — containing by weight more than 55% of silicon
- 72022100 — Iron and Steel — ferro-alloys — containing by weight more than 55% of silicon — containing by weight more than 55% of silicon
- 720229 — Iron and Steel — ferro-alloys — other
- 72022900 — Iron and Steel — ferro-alloys — other — other
- 720230 — Iron and Steel — ferro-alloys — ferro-silico-manganese
- 72023000 — Iron and Steel — ferro-alloys — ferro-silico-manganese — ferro-silico-manganese
Frequently asked questions
Related tools & guides
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