HSN CODE - 72299023 : ACSR QUALITY WIRE,NOT INSULATED

Harmonised System of Nomenclature (HSN Codes) 72299023 are used for the ACSR QUALITY WIRE,NOT INSULATED 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 72299023

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

Next two digits (29) represent the heading number which is WIRE OF OTHER ALLOY STEEL

Next two digits (90) represent the product code which is Electrode quality, wire rope quality and ACSR quality, not insulated

Last two digits (23) are for final or deeper classification which is ACSR QUALITY WIRE,NOT INSULATED

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