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HSN CODE - 73043111 : IRON MADE UPTO 114.3 MM OUTER DIAMETER
| HSN CODE | Description | Policy |
|---|---|---|
| 7304 | TUBES, PIPES AND HOLLOW PROFILES, SEAMLESS, OF IRON (OTHER THAN CAST IRON) OR STEEL | |
| 730431 | Cold-drawn or cold –rolled (cold-reduced)Up to 114.3 mm outer diameter | |
| 73043111 | IRON MADE UPTO 114.3 MM OUTER DIAMETER | Free |
Harmonised System of Nomenclature (HSN Codes) 73043111 are used for the IRON MADE UPTO 114.3 MM OUTER DIAMETER 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 73043111
First two digits (73) represent the chapter number which is Chapter 73 - Articles of iron or steel
Next two digits (04) represent the heading number which is TUBES, PIPES AND HOLLOW PROFILES, SEAMLESS, OF IRON (OTHER THAN CAST IRON) OR STEEL
Next two digits (31) represent the product code which is Cold-drawn or cold –rolled (cold-reduced)Up to 114.3 mm outer diameter
Last two digits (11) are for final or deeper classification which is IRON MADE UPTO 114.3 MM OUTER DIAMETER
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.