HSN code 72241000

Tariff item in chapter 72 — Iron and steel

HSN code
72241000

Ingots and other primary forms

Classification

Code typeHSN — Harmonized System of Nomenclature
LevelTariff item (8 digits)
SectionSection XV — Base metals and articles of base metal
Chapter 72Iron and steel
Heading 7224Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel
Sub-heading 722410Ingots and other primary forms
Tariff item 72241000Ingots and other primary forms

Using HSN 72241000 in GST

On GST invoices, a business with annual turnover up to ₹5 crore must show at least the first 4 digits (7224) on B2B invoices, and a business above ₹5 crore must show 6 digits (722410) 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 72241000?

HSN code 72241000 is the tariff item for: Ingots and other primary forms.

What is the GST rate for HSN 72241000?

GST rates are set by CBIC rate notifications and can depend on conditions, so check the CBIC GST rate finder for HSN 72241000 before invoicing.

How many digits of HSN 72241000 should I write on my invoice?

Up to ₹5 crore turnover: at least 4 digits (7224) on B2B invoices. Above ₹5 crore: 6 digits (722410) on all invoices.