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HSN CODE - 72071120 : FORGING QUALITY

HSN CODE Description Policy
7207SEMI-FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL
720711Of rectangular (including square) cross-section, the width measuring less than twice the thickness
72071120FORGING QUALITYFree

Harmonised System of Nomenclature (HSN Codes) 72071120 are used for the FORGING QUALITY 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 72071120

First two digits (72) represent the chapter number which is Chapter 72 - Iron and steel

Next two digits (07) represent the heading number which is SEMI-FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL

Next two digits (11) represent the product code which is Of rectangular (including square) cross-section, the width measuring less than twice the thickness

Last two digits (20) are for final or deeper classification which is FORGING QUALITY

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