72249030Tariff Item (8-digit)Section XV

HSN Code 72249030Of Cobalt Bearing High Speed Steel Quality

Full GST classification for Of Cobalt Bearing High Speed Steel Quality — chapter, heading and tariff hierarchy, GST rate slabs and related HSN codes. Updated for India GST.

HSN Code

72249030

Chapter

72

Digits

8-digit

Section

XV

What is HSN Code 72249030?

HSN code 72249030 is the Harmonized System of Nomenclature classification for Of Cobalt Bearing High Speed Steel Quality 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 of cobalt bearing high speed steel quality must quote HSN 72249030 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.

Classification breakdown of 72249030

LevelCodeDescription
Chapter72iron and steel
Heading7224other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel
Sub-heading722490other :
Tariff72249030of cobalt bearing high speed steel quality

GST rate for HSN 72249030

Goods under HSN 72249030 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 Of Cobalt Bearing High Speed Steel Quality

HSN Code 72249030 — FAQs

What is HSN code 72249030?

HSN code 72249030 classifies "Of Cobalt Bearing High Speed Steel Quality" 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 72249030?

72249030 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 72249030?

Goods under HSN 72249030 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 Of Cobalt Bearing High Speed Steel Quality.

Which chapter does HSN code 72249030 belong to?

HSN 72249030 belongs to Chapter 72 — Iron And Steel, part of Section XV: Base Metals & Articles Thereof.

Auto-fill HSN 72249030 on every invoice

Laabam.One ERP stores HSN codes against your products and auto-populates them on GST invoices, e-invoices and GSTR-1 — no manual lookup, no classification errors.