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HSN CODE - 72026000 : FERRO-NICKEL
HSN CODE | Description | Policy |
---|---|---|
7202 | FERRO-ALLOYS | |
720260 | Ferro-chromium | |
72026000 | FERRO-NICKEL | Free |
Harmonised System of Nomenclature (HSN Codes) 72026000 are used for the FERRO-NICKEL products under Goods and Service Tax classification.
India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.
Understanding HSN Code 72026000
First two digits (72) represent the chapter number which is Chapter 72 - Iron and steel
Next two digits (02) represent the heading number which is FERRO-ALLOYS
Next two digits (60) represent the product code which is Ferro-chromium
Last two digits (00) are for final or deeper classification which is FERRO-NICKEL
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.