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HSN CODE - 72029913 : FERRO-COBALT
HSN CODE | Description | Policy |
---|---|---|
7202 | FERRO-ALLOYS | |
720299 | Ferro-phosphorus, Ferro-selenium, Ferro-cobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum | |
72029913 | FERRO-COBALT | Free |
Harmonised System of Nomenclature (HSN Codes) 72029913 are used for the FERRO-COBALT 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 72029913
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 (99) represent the product code which is Ferro-phosphorus, Ferro-selenium, Ferro-cobalt, Ferro-columbium, Ferro-zirconium, Ferro-tantalum
Last two digits (13) are for final or deeper classification which is FERRO-COBALT
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.