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HSN CODE - 72299052 : Flat and rectangular

HSN CODE Description Policy
7229WIRE OF OTHER ALLOY STEEL
722990Shaped and profiled wires of cross-section
72299052Flat and rectangularFree

Harmonised System of Nomenclature (HSN Codes) 72299052 are used for the Flat and rectangular 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 72299052

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 Shaped and profiled wires of cross-section

Last two digits (52) are for final or deeper classification which is Flat and rectangular

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