720429Sub-heading (6-digit)Section XV

HSN Code 720429 – Ferrous Waste And Scrap

Full GST classification for Ferrous Waste And Scrap — chapter, heading and tariff hierarchy, and related HSN codes.

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HSN Code

720429

Chapter

72

Digits

6-digit

Section

XV

What is HSN Code 720429?

HSN code 720429 is the Harmonized System of Nomenclature classification for Ferrous Waste And Scrap under India's Goods and Services Tax (GST). It is a 6-digit code sitting at the sub-heading (6-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 must quote HSN 720429 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.

Classification breakdown of 720429

LevelCodeDescription
Chapter72iron and steel
Heading7204ferrous waste and scrap; remelting scrap ingots of iron or steel
Sub-heading720429other :

GST rate for HSN 720429

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HSN Code 720429 — FAQs

What is HSN code 720429?

HSN code 720429 classifies "Ferrous Waste And Scrap" 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 720429?

720429 is a 6-digit HSN code — a sub-heading (6-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.

Which chapter does HSN code 720429 belong to?

HSN 720429 belongs to Chapter 72 — Iron And Steel, part of Section XV: Base Metals & Articles Thereof.

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