HSN CODE - 72299031 : WIRE(EXCL WIRE TYPE LEAD),NT INSULATED

Harmonised System of Nomenclature (HSN Codes) 72299031 are used for the WIRE(EXCL WIRE TYPE LEAD),NT 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 72299031

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 Wire (excluding wire type lead), spring, high tensile, hardened and tempered wires, not insulated

Last two digits (31) are for final or deeper classification which is WIRE(EXCL WIRE TYPE LEAD),NT INSULATED

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