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HSN CODE - 72132010 : ELECTRODE QUALITY BAR AND RODS OF FREE CUTTING STEEL IN WOUND COILS
HSN CODE | Description | Policy |
---|---|---|
7213 | BARS AND RODS, HOT-ROLLED, IN IRREGULARLY WOUND COILS, OF IRON OR NON-ALLOY STEEL | |
721320 | Other, of free-cutting steel | |
72132010 | ELECTRODE QUALITY BAR AND RODS OF FREE CUTTING STEEL IN WOUND COILS | Free |
Harmonised System of Nomenclature (HSN Codes) 72132010 are used for the ELECTRODE QUALITY BAR AND RODS OF FREE CUTTING STEEL IN WOUND COILS 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 72132010
First two digits (72) represent the chapter number which is Chapter 72 - Iron and steel
Next two digits (13) represent the heading number which is BARS AND RODS, HOT-ROLLED, IN IRREGULARLY WOUND COILS, OF IRON OR NON-ALLOY STEEL
Next two digits (20) represent the product code which is Other, of free-cutting steel
Last two digits (10) are for final or deeper classification which is ELECTRODE QUALITY BAR AND RODS OF FREE CUTTING STEEL IN WOUND COILS
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.