Rate at a Glance
Chapter 72
GST rate guide
Iron and steel products such as bars, rods, sheets and coils are taxed at 18%.
Use this rate in hisabkitab: start free
Rates reflect GST changes effective 22 September 2025. Confirm the rate for your exact product description before filing.
All 10 HSN codes under 7204
| HSN code | Description |
|---|---|
| 72041000 | Waste and scrap of cast iron |
| 72042110 | Waste and scrap of alloy steel: of stainless steel: empty or discharged cartridges of all bores and sizes |
| 72042190 | Waste and scrap of alloy steel: of stainless steel: other |
| 72042910 | Waste and scrap of alloy steel: other: empty or discharged cartridges of all bores and sizes |
| 72042920 | Waste and scrap of alloy steel: other: of high speed steel |
| 72042990 | Waste and scrap of alloy steel: other: other |
| 72043000 | Waste and scrap of tinned iron or steel |
| 72044100 | Other waste and scrap: turnings, shavings, chips, milling waste, saw dust, fillings, trimmings and stampings, whether or not ` in bundles |
| 72044900 | Other waste and scrap: other |
| 72045000 | Remelting scrap ingots |
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