HSN Code 7203 - Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms
GST rate: 18%. Chapter 72: Iron & Steel.
GST Rate Details for HSN 7203
HSN 7203 attracts 18% GST, the most common rate in India, applicable to most manufactured goods.
How to Use HSN Code 7203 on GST Invoices
Apply IGST 18% for interstate supplies, or CGST 9% + SGST 9% for intrastate supplies.
Products Under This Code
18%, 72, 7203, coil, direct, direct reduction, ferrous, ferrous lumps, ferrous obtained, gst18, having, having minimum.