HSN code 720450
Sub-heading in chapter 72 — Iron and steel
Remelting scrap ingots
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 7204 | Ferrous waste and scrap; remelting scrap ingots of iron or steel |
| Sub-heading 720450 | Remelting scrap ingots |
1 code under HSN 720450
| HSN code | Description |
|---|---|
72045000 | Remelting scrap ingots |
Using HSN 720450 in GST
On GST invoices, a business with annual turnover up to ₹5 crore must show at least the first 4 digits (7204) on B2B invoices, and a business above ₹5 crore must show 6 digits (720450) 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 720450?
HSN code 720450 is the sub-heading for: Remelting scrap ingots.
What is the GST rate for HSN 720450?
GST rates are set by CBIC rate notifications and can depend on conditions, so check the CBIC GST rate finder for HSN 720450 before invoicing.
How many digits of HSN 720450 should I write on my invoice?
Up to ₹5 crore turnover: at least 4 digits (7204) on B2B invoices. Above ₹5 crore: 6 digits (720450) on all invoices.