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HSN CODE - 72143000 : OTHER BARS AND RODS OF FREE CUTTING STEEL

HSN CODE Description Policy
7214OTHER BARS AND RODS OF IRON OR NON-ALLOY STEEL, NOT FURTHER WORKED THAN FORGED, HOT-ROLLED, HOT-DRAWN OR HOT-EXTRUDED, BUT INCLUDING THOSE TWISTED AFTER ROLLING
721430Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling
72143000OTHER BARS AND RODS OF FREE CUTTING STEELFree

Harmonised System of Nomenclature (HSN Codes) 72143000 are used for the OTHER BARS AND RODS OF FREE CUTTING 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 72143000

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

Next two digits (14) represent the heading number which is OTHER BARS AND RODS OF IRON OR NON-ALLOY STEEL, NOT FURTHER WORKED THAN FORGED, HOT-ROLLED, HOT-DRAWN OR HOT-EXTRUDED, BUT INCLUDING THOSE TWISTED AFTER ROLLING

Next two digits (30) represent the product code which is Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling

Last two digits (00) are for final or deeper classification which is OTHER BARS AND RODS OF FREE CUTTING STEEL

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