72043000Tariff Item (8-digit)Section XV

HSN Code 72043000 – Waste And Scrap Of Tinned Iron Or Steel

Full GST classification for Waste And Scrap Of Tinned Iron Or Steel — chapter, heading and tariff hierarchy, and related HSN codes.

HSN Code

72043000

Chapter

72

Digits

8-digit

Section

XV

What is HSN Code 72043000?

HSN code 72043000 is the Harmonized System of Nomenclature classification for Waste And Scrap Of Tinned Iron Or Steel 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 tinned iron or steel must quote HSN 72043000 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.

Classification breakdown of 72043000

LevelCodeDescription
Chapter72iron and steel
Heading7204ferrous waste and scrap; remelting scrap ingots of iron or steel
Sub-heading720430waste and scrap of tinned iron or steel
Tariff72043000waste and scrap of tinned iron or steel

GST rate for HSN 72043000

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HSN Code 72043000 — FAQs

What is HSN code 72043000?

HSN code 72043000 classifies "Waste And Scrap Of Tinned 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 72043000?

72043000 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.

Which chapter does HSN code 72043000 belong to?

HSN 72043000 belongs to Chapter 72 — Iron And Steel, part of Section XV: Base Metals & Articles Thereof.

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