Round Bar HSN Code
GST rates and HSN code for Round Bar.
| Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
|---|---|---|---|---|---|---|
| Iron and steel | Wire Of Other Alloy Steel – Other : Tinned Wire, Bronze Coated Wire, Trapezoidal Wire, Half Round Wire, Crimped Wire And Copper Coated Wire, Not Insulated : Trapezoidal Wire | 72299013 | 18% | – | 01/07/2017 | – |
| Wire Of Other Alloy Steel – Other : Tinned Wire, Bronze Coated Wire, Trapezoidal Wire, Half Round Wire, Crimped Wire And Copper Coated Wire, Not Insulated : Bronze Coated Wire | 72299012 | 18% | – | 01/07/2017 | – | |
| Wire Of Other Alloy Steel – Other : Tinned Wire, Bronze Coated Wire, Trapezoidal Wire, Half Round Wire, Crimped Wire And Copper Coated Wire, Not Insulated : Half Round Wire | 72299014 | 18% | – | 01/07/2017 | – | |
| Wire Of Other Alloy Steel – Other : Tinned Wire, Bronze Coated Wire, Trapezoidal Wire, Half Round Wire, Crimped Wire And Copper Coated Wire, Not Insulated : Tinned Wire | 72299011 | 18% | – | 01/07/2017 | – | |
| 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 | – | |
| Wire Of Other Alloy Steel – Other : Tinned Wire, Bronze Coated Wire, Trapezoidal Wire, Half Round Wire, Crimped Wire And Copper Coated Wire, Not Insulated : Copper Coated Wire | 72299016 | 18% | – | 01/07/2017 | – | |
| Wire Of Other Alloy Steel – Other : Tinned Wire, Bronze Coated Wire, Trapezoidal Wire, Half Round Wire, Crimped Wire And Copper Coated Wire, Not Insulated : Crimped Wire | 72299015 | 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 | – | |
| Wire Of Other Alloy Steel – Other : Shaped And Profiled Wires Of Cross-Section : Half Round | 72299051 | 18% | – | 01/07/2017 | – | |
| Wire Of Iron Or Non-Alloy Steel – Other : Shaped And Profiled Wire : Of Cross Section Half Round | 72179011 | 18% | – | 01/07/2017 | – | |
| Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Other Alloy Steel | 7227 | 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 – Containing Indentations, Ribs, Grooves Or Other Deformations Produced During The Rolling Pro | 72142090 | 18% | – | 01/07/2017 | – | |
| Other Bars And Rods Of Other Alloy Steel; Angles, Shapes And Sections, Of Other Alloy Steel; Hollow Drill Bars And Rods, Of Alloy Or Non-Alloy Steel – Hollow Drill Bars And Rods : Of Alloy Steel | 72288010 | 18% | – | 01/07/2017 | – | |
| Other Bars And Rods Of Other Alloy Steel; Angles, Shapes And Sections, Of Other Alloy Steel; Hollow Drill Bars And Rods, Of Alloy Or Non-Alloy Steel – Other Bars And Rods, Not Further Worked Than Cold-Formed Or Cold-Finished : Other | 72285090 | 18% | – | 01/07/2017 | – | |
| Ships, boats and floating structures | Cruise Ships, Excursion Boats , Ferry-Boats, Cargo Ships, Barges And Similar Vessels For The Transport Of Persons Or Goods – Cruise Ships, Excursion Boats And Similar Vessels Principally Designed For The Transport Of Persons; Ferry-Boats Of All Kinds: Bar | 89011040 | 5% | – | 01/07/2017 | – |
| Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | Lathes (Including Turning Centres) For Removing Metal – Other Lathes: Other: Automatic, Multi Spindle Bar | 84589910 | 18% | – | 01/07/2017 | – |
| Lathes (Including Turning Centres) For Removing Metal – Horizontal Lathes:- Other: Automatic, Single Spindle: Horizontal Bar, Swiss Type | 84581911 | 18% | – | 01/07/2017 | – | |
| Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewelry; coin | Bar | 71069220 | 3% | – | 01/07/2017 | – |
| Nickel and articles thereof | Nickel Bars, Rods, Profiles And Wire – Bars, Rods And Profiles | 7505 | 18% | – | 01/07/2017 | – |
| Zinc and articles thereof | Zinc Bars, Rods, Profiles And Wire – Zinc Bars, Rods, Profiles And Wire : Profiles : Angles, Shapes And Sections | 79040022 | 18% | – | 01/07/2017 | – |
Round Bar HSN Code: Your Guide to GST Classification
Round bars are a fundamental product in the iron and steel industry, used in everything from construction to manufacturing. Whether you are a manufacturer, supplier, or buyer, understanding the correct HSN code and GST rate for these products is essential for compliance and smooth business transactions.
Identify the HSN Code for Round Bars
The Harmonized System of Nomenclature (HSN) code for round bars falls under Chapter 72, which is dedicated to “Iron and steel.” The specific HSN code depends on the type of material and how it is worked.
- 72155010 is the HSN code for “Mild Steel Bright Bar,” which is a type of round bar that is cold-formed or cold-finished.
- 72149110 is for “Mild Steel Bright Bar” that is hot-rolled, hot-drawn, or hot-extruded, but including those twisted after rolling.
You also have codes for half-round wire and other profiled wires, such as 72299014 and 72299051, which are part of the “Wire of other alloy steel” category.
Know the GST Rate
The Goods and Services Tax (GST) rate for most round bars, including mild steel bright bars, is 18%. This rate has been in effect since July 1, 2017, with no CESS applicable.
It’s important to note that this 18% rate applies to a wide range of iron and steel products under Chapter 72, including:
- Wire of various alloy steels (e.g., tinned, bronze-coated, copper-coated).
- Other bars and rods of iron or non-alloy steel.
- Bars and rods, hot-rolled, in irregularly wound coils.
Understand the Different Classifications
The classification of a round bar depends on several factors:
- Material: Is it iron, non-alloy steel, or another alloy steel?
- Working Process: Was it cold-formed, cold-finished, hot-rolled, or forged?
- Shape: Is it a round bar, half-round wire, or another profile?
For instance, while a mild steel bright bar has a clear HSN code, other similar-looking products like “half round wire” will fall under a different code, even if they share the “round” shape description.
By correctly identifying the HSN code based on the material and manufacturing process, you can ensure accurate invoicing, taxation, and compliance with GST regulations.
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