72045000Tariff Item (8-digit)Section XV

HSN Code 72045000 – Remelting Scrap Ingots

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

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HSN Code

72045000

Chapter

72

Digits

8-digit

Section

XV

What is HSN Code 72045000?

HSN code 72045000 is the Harmonized System of Nomenclature classification for Remelting Scrap Ingots 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 remelting scrap ingots must quote HSN 72045000 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.

Classification breakdown of 72045000

LevelCodeDescription
Chapter72iron and steel
Heading7204ferrous waste and scrap; remelting scrap ingots of iron or steel
Sub-heading720450remelting scrap ingots
Tariff72045000remelting scrap ingots

GST rate for HSN 72045000

Goods under HSN 72045000 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 Remelting Scrap Ingots →

HSN Code 72045000 — FAQs

What is HSN code 72045000?

HSN code 72045000 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 72045000?

72045000 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 72045000?

Goods under HSN 72045000 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 Remelting Scrap Ingots.

Which chapter does HSN code 72045000 belong to?

HSN 72045000 belongs to Chapter 72 — Iron And Steel, part of Section XV: Base Metals & Articles Thereof.

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