GST rates and HSN code for Stainless steel plate.
Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
---|---|---|---|---|---|---|
Iron and <strong>steel</strong> | 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 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 Heat Resisting Steel, Nickel Chromium Austenitic Type: Not Exce | 72192121 | 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 : Not Exceeding 14 Mm | 72192111 | 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 Of 4.75 Mm Or More But Not Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel : Other | 72192219 | 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 Of 4.75 Mm Or More But Not Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel : Nickel Chr | 72192212 | 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 Heat Resisting Steel, Nickel Chromium Austenitic Type: Exceedin | 72192122 | 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 Of 4.75 Mm Or More But Not Exceeding 10 Mm : Universal Plates Of Stainless Steel Or Heat Resisting Steel : Chromium T | 72192211 | 18% | – | 01/07/2017 | – | |
Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More – Other : Sheets And Plates : Thickness 3 Mm To 4.75 Mm | 72199012 | 18% | – | 01/07/2017 | – | |
Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More – Other : Sheets And Plates : Thickness Less Than 3 Mm | 72199013 | 18% | – | 01/07/2017 | – | |
Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More – Other : Sheets And Plates : Thickness More Than 4.75 Mm | 72199011 | 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 | – | |
Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm – Not Further Worked Than Cold-Rolled (Cold Reduced): Skelp For Pipes And Tubes | 72202010 | 18% | – | 01/07/2017 | – | |
Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel – Bars And Rods, Not Further Worked Than Cold Formed Or Cold-Finished : Bright Bars : Chromium Type | 72222011 | 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 Of 4.75 Mm Or More But Not Exceeding 10 Mm : Other : Other | 72192299 | 18% | – | 01/07/2017 | – | |
Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Stainless Steel – Other | 72210090 | 18% | – | 01/07/2017 | – | |
Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm – Not Further Worked Than Cold-Rolled (Cold Reduced): Strips For Pipes And Tubes (Other Than Skelp) : Chromium Type | 72202021 | 18% | – | 01/07/2017 | – | |
Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm – Not Further Worked Than Hot-Rolled : Of A Thickness Of Less Than 4.75 Mm : Strips For Pipes And Tubes (Other Than Skelp) : Nickel Chromium Austenitic Type | 72201222 | 18% | – | 01/07/2017 | – | |
Other Bars And Rods Of Stainless Steel; Angles, Shapes And Sections Of Stainless Steel – Bars And Rods, Not Further Worked Than Hot Rolled, Hot-Drawn Or Extruded: Of Circular Cross Section : Other : Nickel Chromium Austenitic Type | 72221192 | 18% | – | 01/07/2017 | – | |
Articles of iron or <strong>steel</strong> | Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel – Line Pipe Of A Kind Used For Oil Or Gas Pipelines : — Of Stainless Steel: — Blanks For Tubes And Pipes | 73041120 | 18% | – | 01/07/2017 | – |
Other Woven Cloth, Of Stainless Steel | 731414 | 18% | – | 01/07/2017 | – |
Stainless steel plates are a fundamental component in numerous industries, from heavy machinery and construction to food processing and architecture. Their corrosion resistance, strength, and aesthetic appeal make them highly sought after. For businesses engaged in the trade or fabrication of these vital materials, understanding the correct HSN (Harmonized System of Nomenclature) code is paramount for accurate Goods and Services Tax (GST) compliance. Stainless steel plates are consistently classified under the “Iron and steel” chapter of the HSN.
Stainless steel plates, being a type of flat-rolled product, fall under Chapter 72 of the HSN, specifically within the category for “Iron and steel.” The precise HSN code for a stainless steel plate is determined by its dimensions (width and thickness) and the extent of its processing (e.g., hot-rolled, cold-rolled, or other treatments).
Here’s a breakdown of the relevant HSN codes for stainless steel plates, all of which carry a consistent 18% GST rate:
The term “Universal Plates” within these HSN codes specifically refers to a type of flat-rolled product of stainless steel, highlighting the detailed categorization based on type and dimensions. The consistent 18% GST rate simplifies tax compliance for businesses dealing with these products.
Stainless steel plates are covered under HSN Chapter 72, “Iron and steel.”
Most stainless steel plates attract an 18% GST rate.
“Universal Plates” refers to a specific type of hot-rolled flat stainless steel product, differentiated by its manufacturing process and dimensions.
The current GST rates for stainless steel plates became effective on July 1, 2017.
Accurate HSN classification is crucial for correct GST calculation, customs clearance, and overall compliance with taxation regulations.
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