HSN Code 72042110
Ferrous waste and scrap remelting scrap ingots of iron or steel - waste and scrap of alloy steel : of stainless steel : empty or discharged cartridges of all bores and sizes
Ferrous waste and scrap remelting scrap ingots of iron or steel - waste and scrap of alloy steel : of stainless steel : empty or discharged cartridges of all bores and sizes
When does this rate apply?
Use this HSN Code on tax invoices when supplying Ferrous waste and scrap remelting scrap ingots of iron or steel - waste and scra. GST is charged at 18% (IGST for inter-state, or CGST 9% + SGST 9% for intra-state). If the supply is exported under LUT, the rate is zero with no IGST charged.
This page is reviewed by CA Tirumalesh. For high-value or unusual transactions, confirm with the latest CBIC notification or consult a chartered accountant before invoicing.