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HSN CODE - 72029990 : FERRO-ALLOYS OTHERS

HSN CODE Description Policy
7202FERRO-ALLOYS
720299Ferro-boron, Charge-chrome
72029990OTHERSFree

Harmonised System of Nomenclature (HSN Codes) 72029990 are used for the FERRO-ALLOYS OTHERS 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 72029990

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-boron, Charge-chrome

Last two digits (90) are for final or deeper classification which is OTHERS

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