Form 16 VS Form 16 A VS Form 16B VS Form 16C: Key Differences
21 Feb, 2025
By Online Legal India
Published On 20 Jan 2025
Updated On 22 Jan 2025
Category GST
Chapter 72 of the HSN (Harmonized System of Nomenclature) Code deals with iron, steel, iron rods, and related products. These goods are subject to specific GST rates under India's Goods and Services Tax framework. Understanding the HSN code and applicable GST rates is essential for businesses involved in the steel industry and those seeking GST registration.
| Rates (%) | Products Description | HSN Code | Related Export / Import HSN Code |
|---|---|---|---|
| 18% | Pig iron and spiegeleisen in pigs, blocks or other primary forms | 7201 | 72011000, 72012000, 72015010, 72015090 |
| 18% | Ferro-alloys | 7202 | 72021100, 72021900, 72022100, 72022900, 72023000, 72024100, 72024900, 72025000, 72026000, 72027000, 72028000, 72029100, 72029200, 72029300, 72029911, 72029912, 72029913, 72029914, 72029915, 72029916, 72029921, 72029922, 72029931, 72029932, 72029990 |
| 18% | Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms | 7203 | 72031000, 72039000 |
| 18% | Ferrous waste and scrap; remelting scrap ingots of iron or steel | 7204 | 72041000, 72042110, 72042190, 72042910, 72042920, 72042990, 72043000, 72044100, 72044900, 72045000 |
| 18% | Granules and powders, of pig iron, spiegeleisen, iron or steel | 7205 | 72051011, 72051012, 72051019, 72051021, 72051022, 72051029, 72051090, 72052100, 72052910, 72052990 |
| 18% | Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 7203) | 7206 | 72061010, 72061020, 72061090, 72069011, 72069012, 72069019, 72069091, 72069092, 72069099 |
| 18% | Semi-finished products of iron or non-alloy steel | 7207 | 72071110, 72071120, 72071130, 72071190, 72071210, 72071220, 72071230, 72071290, 72071910, 72071920, 72071990, 72072010, 72072020, 72072030, 72072090 |
| 18% | All flat-rolled products of iron or non-alloy steel | 7208 | 72081000, 72082510, 72082520, 72082530, 72082540, 72082590, 72082610, 72082620, 72082630, 72082640, 72082690, 72082710, 72082720, 72082730, 72082740, 72082790, 72083610, 72083620, 72083630, 72083640, 72083690, 72083710, 72083720, 72083730, 72083740, 72083790, 72083810, 72083820, 72083830, 72083840, 72083890, 72083910, 72083920, 72083930, 72083940, 72083990, 72084010, 72084020, 72084030, 72084040, 72084090, 72085110, 72085120, 72085130, 72085140, 72085190, 72085210, 72085220, 72085230, 72085240, 72085290, 72085310, 72085320, 72085330, 72085340, 72085390, 72085410, 72085420, 72085430, 72085440, 72085490, 72089000 |
| 18% | All flat-rolled products of iron or non-alloy steel | 7209 | 72091510, 72091520, 72091530, 72091590, 72091610, 72091620, 72091630, 72091690, 72091710, 72091720, 72091730, 72091790, 72091810, 72091820, 72091830, 72091890, 72092510, 72092520, 72092530, 72092590, 72092610, 72092620, 72092630, 72092690, 72092710, 72092720, 72092730, 72092790, 72092810, 72092820, 72092830, 72092890, 72099000 |
| 18% | All flat-rolled products of iron or non-alloy steel | 7210 | 72101110, 72101190, 72101210, 72101290, 72102000, 72103010, 72103090, 72104100, 72104900, 72105000, 72106100, 72106900, 72107000, 72109010, 72109090 |
| 18% | All flat-rolled products of iron or non-alloy steel | 7211 | 72111300, 72111410, 72111420, 72111430, 72111440, 72111450, 72111460, 72111490, 72111910, 72111920, 72111930, 72111940, 72111950, 72111960, 72111990, 72112310, 72112320, 72112330, 72112340, 72112350, 72112390, 72112910, 72112920, 72112930, 72112940, 72112950, 72112960, 72112990, 72119011, 72119012, 72119013, 72119090 |
| 18% | All flat-rolled products of iron or non-alloy steel | 7212 | 72121010, 72121090, 72122010, 72122090, 72123010, 72123090, 72124000, 72125010, 72125020, 72125090, 72126000 |
| 18% | All bars and rods, of iron or non-alloy steel | 7213 | 72131010, 72131090, 72132010, 72132020, 72132090, 72139110, 72139120, 72139190, 72139910, 72139920, 72139990 |
| 18% | All bars and rods, of iron or non-alloy steel | 7214 | 72141010, 72141090, 72142010, 72142090, 72143000, 72149110, 72149190, 72149910, 72149990 |
| 18% | All bars and rods, of iron or non-alloy steel | 7215 | 72151000, 72155010, 72155090, 72159010, 72159020, 72159090 |
| 18% | Angles, shapes and sections of iron or non-alloy steel | 7216 | 72161000, 72162100, 72162200, 72163100, 72163200, 72163300, 72164000, 72165000, 72166100, 72166900, 72169100, 72169910, 72169920, 72169930, 72169940, 72169990 |
| 18% | Wire of iron or non-alloy steel | 7217 | 72171010, 72171020, 72171030, 72172010, 72172020, 72172030, 72173010, 72173020, 72173030, 72179011, 72179012, 72179013, 72179019, 72179091, 72179092, 72179093, 72179099 |
| 18% | Stainless steel in ingots or other primary forms; semi-finished products of stainless steel | 7218 | 72181000, 72189100, 72189910, 72189990 |
| 18% | All flat-rolled products of stainless steel | 7219 | 72191111, 72191112, 72191190, 72191200, 72191300, 72191400, 72192111, 72192112, 72192121, 72192122, 72192131, 72192132, 72192141, 72192142, 72192190, 72192211, 72192212, 72192219, 72192291, 72192292, 72192299, 72192310, 72192320, 72192390, 72192411, 72192412, 72192413, 72192419, 72192421, 72192422, 72192423, 72192429, 72192490, 72193111, 72193112, 72193121, 72193122, 72193190, 72193210, 72193220, 72193290, 72193310, 72193320, 72193390, 72193410, 72193420, 72193490, 72193510, 72193520, 72193590, 72199011, 72199012, 72199013, 72199090 |
| 18% | All flat-rolled products of stainless steel | 7220 | 72201110, 72201121, 72201122, 72201129, 72201190, 72201210, 72201221, 72201222, 72201229, 72201290, 72202010, 72202021, 72202022, 72202029, 72202090, 72209010, 72209021, 72209022, 72209029, 72209090 |
| 18% | All bars and rods, of stainless steel | 7221 | 72210011, 72210012, 72210019, 72210090 |
| 18% | All bars and rods, of stainless steel | 7222 | 72221111, 72221112, 72221119, 72221191, 72221192, 72221199, 72221911, 72221912, 72221919, 72221991, 72221992, 72221999, 72222011, 72222012, 72222019, 72222091, 72222092, 72222099, 72223011, 72223012, 72223019, 72223091, 72223092, 72223099, 72224010, 72224020 |
| 18% | Wire of stainless steel | 7223 | 72230010, 72230091, 72230092, 72230099 |
| 18% | Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel | 7224 | 72241000, 72249010, 72249020, 72249030, 72249040, 72249091, 72249099 |
| 18% | All flat-rolled products of other alloy steel | 7225 | 72251100, 72251900, 72253010, 72253090, 72254011, 72254012, 72254013, 72254019, 72254020, 72254030, 72255010, 72255020, 72255030, 72259100, 72259200, 72259900 |
| 18% | All flat-rolled products of other alloy steel | 7226 | 72261100, 72261900, 72262011, 72262012, 72262021, 72262022, 72262030, 72269110, 72269120, 72269130, 72269190, 72269210, 72269220, 72269230, 72269910, 72269920, 72269930, 72269940, 72269951, 72269952, 72269953, 72269960, 72269990 |
| 18% | All bars and rods of other alloy steel. | 7227 | 72271000, 72272000, 72279010, 72279020, 72279030, 72279040, 72279050, 72279060, 72279090 |
| 18% | All bars and rods of other alloy steel. | 7228 | 72281010, 72281090, 72282000, 72283011, 72283019, 72283021, 72283022, 72283023, 72283024, 72283029, 72284000, 72285010, 72285090, 72286011, 72286012, 72286091, 72286092, 72286093, 72286094, 72286099, 72287011, 72287012, 72287021, 72287022, 72288010, 72288020, 72288090 |
| 18% | Wire of other alloy steel | 7229 | 72292000, 72299011, 72299012, 72299013, 72299014, 72299015, 72299016, 72299021, 72299022, 72299023, 72299031, 72299032, 72299033, 72299034, 72299040, 72299051, 72299052, 72299053, 72299054, 72299059, 72299060, 72299070, 72299090 |
Disclaimer: The HSN Code in GST, has been compiled based on the author's understanding and is subject to periodic updates in accordance with the prevailing laws. This content does not constitute professional advice or formal recommendation. While efforts have been made to ensure accuracy, errors or omissions may still occur. Online Legal India is not responsible for any loss or damage resulting from inaccurate or incomplete information in this document.
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