GST rates and HSN code for Mild steel.
Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
---|---|---|---|---|---|---|
Iron and <strong>steel</strong> | Other Bars And Rods Of Iron Or Non-Alloy Steel – Other, Not Further Worked Than Cold-Formed Or Cold-Finished : Mild Steel Bright Bar | 72155010 | 18% | – | 01/07/2017 | – |
Semi-Finished Products Of Iron Or Non-Alloy Steel – Containing By Weight Less Than 0.25% Of Carbon : Other :Mild Steel Billets | 72071920 | 18% | – | 01/07/2017 | – | |
Other Bars And Rods Of Iron Or Non-Alloy Steel, Not Further Worked Than Forged, Hot-Rolled, Hot-Drawn Or Hot-Extruded, But Including Those Twisted After Rolling – Other : Of Rectangular (Other Than Square) Cross-Section : Mild Steel Bright Bar | 72149110 | 18% | – | 01/07/2017 | – | |
Other Alloy Steel In Ingots Or Other Primary Forms; Semi-Finished Products Of Other Alloy Steel – Other : Other : Billets | 72249091 | 18% | – | 01/07/2017 | – | |
Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More – Not Further Worked Than Cold-Rolled (Cold Reduced) : Of A Thickness Of 0.5 Mm Or More But Not Exceeding 1 Mm : Other | 72193490 | 18% | – | 01/07/2017 | – | |
Angles, Shapes And Sections Of Iron Or Non-Alloy Steel – Other: Other : Forged | 72169940 | 18% | – | 01/07/2017 | – | |
Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm – Other: Not Further Worked Than Cold-Rolled (Coldreduced): Of A Thickness Of 3 Mm And Above But Not Exceeding 4.75 Mm | 72269220 | 18% | – | 01/07/2017 | – | |
Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More – Not Further Worked Than Hot-Rolled, Not In Coils : Of A Thickness Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel And Chromium Type : Exceeding 14 Mm | 72192112 | 18% | – | 01/07/2017 | – | |
Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of Less Than 600 Mm, Not Clad, Plated Or Coated – Not Further Worked Than Cold-Rolled (Cold-Reduced) : Containing By Weight Less Than 0.25% Of Carbon: Strip | 72112350 | 18% | – | 01/07/2017 | – | |
Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Other Alloy Steel | 7227 | 18% | – | 01/07/2017 | – | |
Ores, slag and ash | Slag, Ash And Residues (Other Than From The Manufacture Of Iron Or Steel), Containing Arsenic, Metals Or Their Compounds – Other: Containing Antimony , Beryllium, Cadmium, Chromium Or Their Mixtures | 26209100 | 18% | – | 01/07/2017 | – |
Articles of iron or <strong>steel</strong> | Screws, Bolts, Nuts, Coach-Screws, Screw Hooks, Rivets, Cotters, Cotter-Pins, Washers (Including Spring Washers) And Similar Articles, Of Iron Or Steel – Threaded Articles | 7318 | 18% | – | 01/07/2017 | – |
Other Tubes, Pipes And Hollow Profiles (For Example, Open Seam Or Welded, Riveted Or Similarly Closed), Of Iron Or Steel – Line Pipe Of A Kind Used For Oil Or Gas Pipeline — Welded, Of Stailess Steel | 73061100 | 18% | – | 01/07/2017 | – | |
Reservoirs, Tanks, Vats And Similar Containers For Any Material (Other Than Compressed Or Liquefied Gas), Of Iron Or Steel, Of A Capacity Exceeding 300 L, Whether Or Not Lined Or Heat-Insulated, But Not Fitted With Mechanical Or Thermal Equipment | 730900 | 18% | – | 01/07/2017 | – | |
Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel – Other, Of Circular Cross-Section, Of Iorn Or Non-Alloy Steel: — Other — Above 114.3 Mm But Up To 219.1 Mm Outer Diameter: —- Other | 73043929 | 18% | – | 01/07/2017 | – | |
Table, Kitchen Or Other Household Articles And Parts Thereof, Of Iron Or Steel; Iron Or Steel Wool; Pot Scourers And Scouring Or Polishing Pads, Gloves And The Like, Of Iron Or Steel – Other : Of Cast Iron, Not Enamelled : Other | 73239190 | 18% | – | 01/07/2017 | – | |
Table, Kitchen Or Other Household Articles And Parts Thereof, Of Iron Or Steel; Iron Or Steel Wool; Pot Scourers And Scouring Or Polishing Pads, Gloves And The Like, Of Iron Or Steel – Other : Of Iron (Other Than Cast Iron) Or Steel, Enamelled : Other | 73239490 | 18% | – | 01/07/2017 | – | |
Other Articles Of Iron Or Steel – Forged Or Stamped, But Not Further Worked : Other : For Automobiles And Earth Moving Equipments | 73261910 | 18% | – | 01/07/2017 | – | |
Other Tubes And Pipes (For Example, Welded, Riveted Or Similarly Closed), Having Circular Cross-Sections, The External Diameter Of Which Exceeds 406.4 Mm, Of Iron Or Steel – Line Pipe Of A Kind Used For Oil Or Gas Pipelines : Other, Longitudinally Welded | 73051221 | 18% | – | 01/07/2017 | – | |
Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | Hand Saws; Blades For Saws Of All Kinds (Including Slitting, Slotting Or Toothless Saw Blades)- Circular Saw Blades (Including Slitting Or Slotting Saw Blades) : With Working Part Of Steel | 82023100 | 18% | – | 01/07/2017 | – |
Mild steel, a versatile and widely used material in construction and manufacturing, has specific classifications under the Harmonized System of Nomenclature (HSN). Understanding these HSN codes is crucial for businesses dealing with this essential metal to ensure accurate Goods and Services Tax (GST) compliance. This blog post delves into the HSN codes associated with mild steel based on the provided data, highlighting the consistent GST rate.
Bars and rods of mild steel are specifically identified under Chapter 72:
These classifications clearly point to an 18% GST rate for various forms of mild steel bars and rods.
While not specifically “mild steel,” other related iron and steel products in the data also carry an 18% GST rate, illustrating the broader taxation of these materials:
The provided data consistently shows an 18% Goods and Services Tax (GST) rate for identified mild steel bars, rods, and semi-finished products. This rate also extends to a wide array of other iron and steel articles, suggesting a uniform tax treatment for these base metals.
Mild steel bright bars (HSN 72155010 and 72149110) have a GST rate of 18%.
Mild steel billets (HSN 72071920) attract a GST rate of 18%.
Based on the provided data, various forms of mild steel, including bars, rods, and billets, have a consistent GST rate of 18%.
Yes, the data indicates that a wide range of other iron and steel products also have an 18% GST rate.
The 18% GST rate for the listed mild steel products has been effective from 01/07/2017.
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