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HSN CODE - 72051022 : WIRE PELLETS OF ALLOY STEEL
HSN CODE | Description | Policy |
---|---|---|
7205 | GRANULES AND POWDERS, OF PIG IRON, SPIEGELEISEN, IRON OR STEEL | |
720510 | Of alloy steel | |
72051022 | WIRE PELLETS OF ALLOY STEEL | Free |
Harmonised System of Nomenclature (HSN Codes) 72051022 are used for the WIRE PELLETS OF ALLOY STEEL 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 72051022
First two digits (72) represent the chapter number which is Chapter 72 - Iron and steel
Next two digits (05) represent the heading number which is GRANULES AND POWDERS, OF PIG IRON, SPIEGELEISEN, IRON OR STEEL
Next two digits (10) represent the product code which is Of alloy steel
Last two digits (22) are for final or deeper classification which is WIRE PELLETS OF ALLOY STEEL
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.