HSN CODE - 72271000 : BARANDRODS OF OTHR ALLOY HIGH SPEED STEEL IN IRREGULARLY WOUND COILS,HOT-ROLLED

Harmonised System of Nomenclature (HSN Codes) 72271000 are used for the BARANDRODS OF OTHR ALLOY HIGH SPEED STEEL IN IRREGULARLY WOUND COILS,HOT-ROLLED 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 72271000

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

Next two digits (27) represent the heading number which is BARS AND RODS, HOT-ROLLED, IN IRREGULARLY WOUND COILS, OF OTHER ALLOY STEEL

Next two digits (10) represent the product code which is

Last two digits (00) are for final or deeper classification which is BARANDRODS OF OTHR ALLOY HIGH SPEED STEEL IN IRREGULARLY WOUND COILS,HOT-ROLLED

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