HSN Code 72041000
Ferrous waste and scrap remelting scrap ingots of iron or steel - waste and scrap of cast iron
HSN72041000
Ferrous waste and scrap remelting scrap ingots of iron or steel - waste and scrap of cast iron
18%
IGST
Schedule II
CGST9%
SGST/UTGST9%
CessNil
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.
Frequently asked questions
What is HSN Code 72041000?
HSN Code 72041000 is the official Harmonized System of Nomenclature code for Ferrous waste and scrap remelting scrap ingots of iron or steel - waste and scrap of cast iron, as per the CBIC GST rate schedule.
What is the GST rate for HSN Code 72041000?
HSN Code 72041000 attracts GST at 18% (IGST). For intra-state supplies, this is split as CGST 9% + SGST 9%. As per Notification No. 9/2025 - Central Tax (Rate).
Which chapter does HSN Code 72041000 belong to?
HSN Code 72041000 falls under Chapter 72 -- Iron and steel of the GST tariff.