7204Heading (4-digit)Section XV

HSN Code 7204 – Ferrous Waste And Scrap; Remelting Scrap Ingots Of Iron Or Steel

Full GST classification for Ferrous Waste And Scrap; Remelting Scrap Ingots Of Iron Or Steel — chapter, heading and tariff hierarchy, GST rate slabs and related HSN codes. Updated for India GST.

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HSN Code

7204

Chapter

72

Digits

4-digit

Section

XV

What is HSN Code 7204?

HSN code 7204 is the Harmonized System of Nomenclature classification for Ferrous Waste And Scrap; Remelting Scrap Ingots Of Iron Or Steel under India's Goods and Services Tax (GST). It is a 4-digit code sitting at the heading (4-digit) level of the HSN hierarchy.

This code belongs to Chapter 72 — Iron And Steel, which is part of Section XV: Base Metals & Articles Thereof. Every GST-registered business supplying ferrous waste and scrap; remelting scrap ingots of iron or steel must quote HSN 7204 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.

Classification breakdown of 7204

LevelCodeDescription
Chapter72iron and steel
Heading7204ferrous waste and scrap; remelting scrap ingots of iron or steel

GST rate for HSN 7204

Goods under HSN 7204 attract GST at one of the five standard slabs. The exact rate depends on the specific product and the latest GST Council notification — always confirm before invoicing.

0%

Nil / Exempt

Fresh produce, milk, cereals, books

5%

Merit rate

Essentials, packaged food, transport

12%

Standard-low

Processed food, mobiles, apparel > ₹1,000

18%

Standard

Most goods, electronics, services

28%

Demerit / luxury

Cars, cement, aerated drinks, tobacco

Find the exact GST rate for Ferrous Waste And Scrap; Remelting Scrap Ingots Of Iron Or Steel →

HSN Code 7204 — FAQs

What is HSN code 7204?

HSN code 7204 classifies "Ferrous Waste And Scrap; Remelting Scrap Ingots Of Iron Or Steel" under India's GST regime. It falls under Chapter 72 (Iron And Steel) of the Harmonized System of Nomenclature.

How many digits is HSN code 7204?

7204 is a 4-digit HSN code — a heading (4-digit). Businesses declare 4-digit HSN (turnover up to ₹5 crore) or 6-digit HSN (above ₹5 crore) on GST invoices; 8-digit codes are used for exports and imports.

What is the GST rate for HSN code 7204?

Goods under HSN 7204 are taxed at one of the GST slabs — 0%, 5%, 12%, 18% or 28% — depending on the exact product and the latest GST Council notification. Use the Laabam.One GST Rate Finder to confirm the current rate for Ferrous Waste And Scrap; Remelting Scrap Ingots Of Iron Or Steel.

Which chapter does HSN code 7204 belong to?

HSN 7204 belongs to Chapter 72 — Iron And Steel, part of Section XV: Base Metals & Articles Thereof.

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