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HSN CODE - 72262030 : HOOPS AND STRIPS

Harmonised System of Nomenclature (HSN Codes) 72262030 are used for the HOOPS AND STRIPS 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 72262030

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

Next two digits (26) represent the heading number which is FLAT-ROLLED PRODUCTS OF OTHER ALLOY STEEL, OF A WIDTH OF LESS THAN 600 MM

Next two digits (20) represent the product code which is Cold-rolled

Last two digits (30) are for final or deeper classification which is HOOPS AND STRIPS

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