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HSN Code 7207 refers to "Semi-finished products of iron or non-alloy steel." This classification code is essential for identifying semi-finished steel products for import/export purposes based on their nature, composition, and intended use. Common products under HSN Code 7207 include steel billets, blooms, and slabs. Additionally, the GST rate for semi-finished iron and non-alloy steel products under this code ensures accurate trade compliance.
HSN Code7207
| HSN Code | Description | GST% | Effective Date |
|---|---|---|---|
| 720711 | Semi-finished products of iron or non-alloy steel containing, by weight, 0,25% of carbon, of square or rectangular cross-section, the width measuring twice the thickness | 18% | 01/07/2017 |
| 720712 | Semi-finished products of iron or non-alloy steel containing, by weight, 0,25% of carbon, of rectangular "other than square" cross-section, the width measuring = twice the thickness | 18% | 01/07/2017 |
| 720719 | Semi-finished products of iron or non-alloy steel containing, by weight, 0,25% of carbon, of circular cross-section, or of a cross-section other than square or rectangular | 18% | 01/07/2017 |
| 720720 | Semi-finished products of iron or non-alloy steel containing, by weight, = 0,25% of carbon | 18% | 01/07/2017 |
| 72071110 | ELECTRICAL QUALITY | 18% | 01/07/2017 |
| 72071120 | FORGING QUALITY | 18% | 01/07/2017 |
| 72071130 | SEAMLESS STEEL TUBE QUALITY | 18% | 01/07/2017 |
| 72071190 | OTHERS | 18% | 01/07/2017 |
| 72071210 | ELECTRICAL QUALITY | 18% | 01/07/2017 |
| 72071220 | FORGING QUALITY | 18% | 01/07/2017 |
| 72071230 | SEAMLESS STEEL TUBE QUALITY | 18% | 01/07/2017 |
| 72071290 | OTHERS | 18% | 01/07/2017 |
| 72071910 | FORGED BLANKS OF NONALLOY STEEL | 18% | 01/07/2017 |
| 72071920 | MILD STEEL (M.S.) BILLETS ,Products include: Ms Billet | 18% | 01/07/2017 |
| 72071990 | OTHERS | 18% | 01/07/2017 |
| 72072010 | FORGING QUALITY | 18% | 01/07/2017 |
| 72072020 | SPRING STEEL QUALITY | 18% | 01/07/2017 |
| 72072030 | SEAMLESS STEEL TUBE QUALITY | 18% | 01/07/2017 |
| 72072090 | OTHERS | 18% | 01/07/2017 |
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