GST Rate on Iron
18%
GST Rate
- Product
- Iron
- HSN/SAC Code
- 7214
- GST Rate
- 18%
- CGST
- 9%
- SGST
- 9%
- IGST
- 18%
- Category
- Metals
Example GST Calculation
| Taxable Value | ₹10,000 |
| GST @ 18% | ₹1,800 |
| ↳ CGST @ 9% | ₹900 |
| ↳ SGST @ 9% | ₹900 |
| Total | ₹11,800 |
Related HSN Codes
| HSN Code | Description | GST Rate |
|---|---|---|
| 2601 | Iron ores and concentrates | 5% |
| 7201 | Pig iron and spiegeleisen, ingots | 18% |
| 7202 | Ferro-alloys | 18% |
| 7204 | Ferrous waste and scrap, remelting ingots | 18% |
| 7207 | Semi-finished products of iron or non-alloy steel | 18% |