HSN CODE - 72027000 : FERRO-MOLYBDENUM

Harmonised System of Nomenclature (HSN Codes) 72027000 are used for the FERRO-MOLYBDENUM 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 72027000

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 (70) represent the product code which is Ferro-chromium

Last two digits (00) are for final or deeper classification which is FERRO-MOLYBDENUM

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.