720450Sub-heading (6-digit)Section XV

HSN Code 720450 – Remelting Scrap Ingots

Full GST classification for Remelting Scrap Ingots — chapter, heading and tariff hierarchy, and related HSN codes.

HSN Code

720450

Chapter

72

Digits

6-digit

Section

XV

What is HSN Code 720450?

HSN code 720450 is the Harmonized System of Nomenclature classification for Remelting Scrap Ingots 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 remelting scrap ingots must quote HSN 720450 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.

Classification breakdown of 720450

LevelCodeDescription
Chapter72iron and steel
Heading7204ferrous waste and scrap; remelting scrap ingots of iron or steel
Sub-heading720450remelting scrap ingots

GST rate for HSN 720450

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HSN Code 720450 — FAQs

What is HSN code 720450?

HSN code 720450 classifies "Remelting Scrap Ingots" 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 720450?

720450 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 720450 belong to?

HSN 720450 belongs to Chapter 72 — Iron And Steel, part of Section XV: Base Metals & Articles Thereof.

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