HSN code 720241
Sub-heading in chapter 72 — Iron and steel
Ferro-alloys – containing by weight more than 4% of carbon
Classification
| Code type | HSN — Harmonized System of Nomenclature |
|---|---|
| Level | Sub-heading (6 digits) |
| Section | Section XV — Base metals and articles of base metal |
| Chapter 72 | Iron and steel |
| Heading 7202 | Ferro-alloys |
| Sub-heading 720241 | Ferro-alloys – containing by weight more than 4% of carbon |
1 code under HSN 720241
| HSN code | Description |
|---|---|
72024100 | Ferro-alloys – containing by weight more than 4% of carbon |
Using HSN 720241 in GST
On GST invoices, a business with annual turnover up to ₹5 crore must show at least the first 4 digits (7202) on B2B invoices, and a business above ₹5 crore must show 6 digits (720241) on all invoices. The full 8-digit code is used for imports and exports.
The GST rate depends on the exact goods or service and any conditions in the rate notification, so it is not listed here. Check the official CBIC GST rate finder, then work out the tax with the GST calculator or make a bill with the GST invoice generator.
Frequently asked questions
What is HSN code 720241?
HSN code 720241 is the sub-heading for: Ferro-alloys – containing by weight more than 4% of carbon.
What is the GST rate for HSN 720241?
GST rates are set by CBIC rate notifications and can depend on conditions, so check the CBIC GST rate finder for HSN 720241 before invoicing.
How many digits of HSN 720241 should I write on my invoice?
Up to ₹5 crore turnover: at least 4 digits (7202) on B2B invoices. Above ₹5 crore: 6 digits (720241) on all invoices.