HSN Code 720449 – Ferrous Waste And Scrap; Remelting Scrap Ingots Of Iron Or Steel

What is HSN Code 720449?

HSN code 720449 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 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; remelting scrap ingots of iron or steel must quote HSN 720449 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.

Classification breakdown of 720449

GST rate for HSN 720449

Goods under HSN 720449 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.

Sub-codes under this classification

HSN Code 720449 — FAQs