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HSN CODE - 72132090 : OTHER BARS AND RODS OF FREE CUTING STEEL
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 | |
72132090 | OTHER BARS AND RODS OF FREE CUTING STEEL | Free |
Harmonised System of Nomenclature (HSN Codes) 72132090 are used for the OTHER BARS AND RODS OF FREE CUTING 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 72132090
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 (90) are for final or deeper classification which is OTHER BARS AND RODS OF FREE CUTING STEEL
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.