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HSN CODE - 72044900 : OTHER WASTE AND SCRAP
HSN CODE | Description | Policy |
---|---|---|
7204 | FERROUS WASTE AND SCRAP; REMELTING SCRAP INGOTS OF IRON OR STEEL | |
720449 | Other waste and scrap | |
72044900 | OTHER WASTE AND SCRAP | Free |
Harmonised System of Nomenclature (HSN Codes) 72044900 are used for the OTHER WASTE AND SCRAP 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 72044900
First two digits (72) represent the chapter number which is Chapter 72 - Iron and steel
Next two digits (04) represent the heading number which is FERROUS WASTE AND SCRAP; REMELTING SCRAP INGOTS OF IRON OR STEEL
Next two digits (49) represent the product code which is Other waste and scrap
Last two digits (00) are for final or deeper classification which is OTHER WASTE AND SCRAP
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.