HSN Codes · Chapter 72: Iron and Steel

HSN Code 72024900

Iron and Steel — ferro-alloys — other — other

Typical GST rate

Varies

Depends on sub-classification

Type

Goods

HSN classification

Code level

8-digit

Tariff item

Reading code 72024900

The first two digits (72) place this code in chapter 72 — Iron and Steel. Heading 7202 groups the product family, and the remaining digits pin down this specific 8-digit classification. 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.

Parent heading

7202 — Iron and Steel — ferro-alloys

Related codes in heading 7202

  • 72021100 — Iron and Steel — ferro-alloys — containing by weight more than 2% of carbon — containing by weight more than 2% of carbon
  • 72021900 — Iron and Steel — ferro-alloys — other — other
  • 72022100 — Iron and Steel — ferro-alloys — containing by weight more than 55% of silicon — containing by weight more than 55% of silicon
  • 72022900 — Iron and Steel — ferro-alloys — other — other
  • 72023000 — Iron and Steel — ferro-alloys — ferro-silico-manganese — ferro-silico-manganese
  • 72024100 — Iron and Steel — ferro-alloys — containing by weight more than 4% of carbon — containing by weight more than 4% of carbon
  • 72025000 — Iron and Steel — ferro-alloys — ferro-silico-chromium — ferro-silico-chromium
  • 72026000 — Iron and Steel — ferro-alloys — ferro-nickel — ferro-nickel
  • 72027000 — Iron and Steel — ferro-alloys — ferro-molybdenum — ferro-molybdenum
  • 72028000 — Iron and Steel — ferro-alloys — ferro tungsten and ferro-silico-tungsten — ferro tungsten and ferro-silico-tungsten

Frequently asked questions

The GST rate under 72024900 depends on the specific item and applicable notifications. Check the classification with our HSN code finder and confirm the rate before invoicing.
Businesses with annual aggregate turnover of ₹5 crore or more must report at least 6 digits on e-invoices and e-way bills; below ₹5 crore, 4 digits is the B2B minimum. Exports require 8 digits.
Every line item on a GST tax invoice carries its HSN code alongside the description, quantity, taxable value, and tax breakup. The code also flows into your GSTR-1 HSN summary and e-way bills.

Invoice with this code in seconds

Save HSN 72024900 on a product once — Invodo puts it on every invoice, e-invoice, and e-way bill automatically. Start free.