Typical GST rate
Varies
Depends on sub-classification
Type
Goods
HSN classification
Code level
4-digit
Heading
Reading code 7223
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 7223
- 722300 — Iron and Steel — wire of stainless steel — wire of stainless steel
- 72230010 — Iron and Steel — wire of stainless steel — wire of stainless steel — electrode quality
- 72230091 — Iron and Steel — wire of stainless steel — wire of stainless steel — of thickness of above 1.5 mm
- 72230092 — Of thickness of 0.46 mm and above but not exceeding 1.5 mm
- 72230099 — Iron and Steel — wire of stainless steel — wire of stainless steel — of thickness of below 0.46 mm
Frequently asked questions
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