HSN code 72039000
Tariff item in chapter 72 — Iron and steel
Ferrous products obtained by direct reduction of iron ore and other spongy ferrous… – other
Classification
| Code type | HSN — Harmonized System of Nomenclature |
|---|---|
| Level | Tariff item (8 digits) |
| Section | Section XV — Base metals and articles of base metal |
| Chapter 72 | Iron and steel |
| Heading 7203 | Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having minimum purity by weight of 99.94%, in lumps, pellets or similar forms |
| Sub-heading 720390 | Ferrous products obtained by direct reduction of iron ore and other spongy ferrous… – other |
| Tariff item 72039000 | Ferrous products obtained by direct reduction of iron ore and other spongy ferrous… – other |
Using HSN 72039000 in GST
On GST invoices, a business with annual turnover up to ₹5 crore must show at least the first 4 digits (7203) on B2B invoices, and a business above ₹5 crore must show 6 digits (720390) on all invoices. The full 8-digit code is used for imports and exports.
The GST rate depends on the exact goods or service and any conditions in the rate notification, so it is not listed here. Check the official CBIC GST rate finder, then work out the tax with the GST calculator or make a bill with the GST invoice generator.
Frequently asked questions
What is HSN code 72039000?
HSN code 72039000 is the tariff item for: Ferrous products obtained by direct reduction of iron ore and other spongy ferrous… – other.
What is the GST rate for HSN 72039000?
GST rates are set by CBIC rate notifications and can depend on conditions, so check the CBIC GST rate finder for HSN 72039000 before invoicing.
How many digits of HSN 72039000 should I write on my invoice?
Up to ₹5 crore turnover: at least 4 digits (7203) on B2B invoices. Above ₹5 crore: 6 digits (720390) on all invoices.