72041000Tariff Item (8-digit)Section XV

HSN Code 72041000Waste And Scrap Of Cast Iron

Full GST classification for Waste And Scrap Of Cast Iron — chapter, heading and tariff hierarchy, GST rate slabs and related HSN codes. Updated for India GST.

HSN Code

72041000

Chapter

72

Digits

8-digit

Section

XV

What is HSN Code 72041000?

HSN code 72041000 is the Harmonized System of Nomenclature classification for Waste And Scrap Of Cast Iron under India's Goods and Services Tax (GST). It is a 8-digit code sitting at the tariff item (8-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 waste and scrap of cast iron must quote HSN 72041000 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.

Classification breakdown of 72041000

LevelCodeDescription
Chapter72iron and steel
Heading7204ferrous waste and scrap; remelting scrap ingots of iron or steel
Sub-heading720410waste and scrap of cast iron
Tariff72041000waste and scrap of cast iron

GST rate for HSN 72041000

Goods under HSN 72041000 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 Waste And Scrap Of Cast Iron

HSN Code 72041000 — FAQs

What is HSN code 72041000?

HSN code 72041000 classifies "Waste And Scrap Of Cast Iron" 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 72041000?

72041000 is a 8-digit HSN code — a tariff item (8-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 72041000?

Goods under HSN 72041000 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 Waste And Scrap Of Cast Iron.

Which chapter does HSN code 72041000 belong to?

HSN 72041000 belongs to Chapter 72 — Iron And Steel, part of Section XV: Base Metals & Articles Thereof.

Auto-fill HSN 72041000 on every invoice

Laabam.One ERP stores HSN codes against your products and auto-populates them on GST invoices, e-invoices and GSTR-1 — no manual lookup, no classification errors.