HSN Code stands for Harmonized System of Nomenclature, an internationally standardized system developed by the World Customs Organization (WCO) to classify goods for taxation and trade. In India, it is used under the GST (Goods and Services Tax) framework to categorize products for accurate tax application. Each steel product (like MS Angle, MS Flat, TMT Bar, etc.) has a unique HSN Code that helps in identifying the item, its tax slab, and facilitating smooth trade and compliance.
HSN Code | Product Description |
---|---|
7214 | MS TMT Bar |
7306 | MS Pipe |
7216 | MS Angle Beam Channel |
7211 | MS Flat |
7210 | GI Sheet |
7217 | MS Binding Wire |
7209 | CR Sheet |
7318 | Ankle Bolt |
7215 | Bright Bar |
7317 | Nails |
7214 | Square Bar |
7214 | Round Bar |
7307 | MS Flange |