Grit HSN Code

Grit HSN Code: Understand GST for Abrasive Materials

“Grit” might sound like a simple term, but in the world of industrial materials, it refers to a range of abrasive particles crucial for various processes like blasting, polishing, and surface preparation. For businesses dealing with these materials, understanding the correct HSN (Harmonized System of Nomenclature) code is paramount for accurate GST (Goods and Services Tax) compliance. The provided data specifically highlights grit derived from iron and steel. Let’s delve into their classification and taxation.

Understanding HSN Codes for Abrasive Grits

HSN codes are internationally standardized product identification numbers. In India, they are indispensable for GST purposes, ensuring consistent classification and application of tax rates across diverse goods. When we talk about “grit” in the context of the provided data, we are specifically looking at granules of iron or steel, often used as abrasive media. These fall under Chapter 72: Iron and steel, which governs products made from these base metals.

Specific HSN Codes for Iron and Steel Grit

The data clearly points to specific HSN codes for different types of iron and steel grit, though they share the same GST rate.

• Granules and Powders of Iron or Steel – Shot and Angular Grit: This is the overarching category for the grit mentioned.
  • Of Iron: Shot and Angular Grit
    • This specific type of grit, derived from iron, is classified under HSN code 72051011.
  • Of Alloy Steel: Shot and Angular Grit
    • Grit made from alloy steel falls under HSN code 72051021.

Both HSN codes, 72051011 and 72051021, denote “Granules And Powders, Of Pig Iron, Spiegeleisen, Iron Or Steel – Granules: Shot And Angular Grit.”

Consistent GST Rate for Iron and Steel Grit

A crucial point for businesses is the consistency in the GST rate for both iron and alloy steel shot and angular grit. As per the provided data:

• Both HSN 72051011 and 72051021 attract a GST rate of 18%.
• This rate has been effective since July 1, 2017, providing stability in taxation for these products.

This consistent rate simplifies compliance for manufacturers, suppliers, and buyers of these abrasive materials. Whether you are using iron grit for sandblasting or alloy steel grit for a more specialized application, the GST implications remain the same.