HSN Code 7315
Chain and parts thereof of iron or steel
HSN Code7315
DescriptionChain and parts thereof of iron or steel
CategoryIron & Steel
GST Rate18%
CGST + SGST (Intra-state)9% + 9%
IGST (Inter-state)18%
Example Calculation
On a taxable value of ₹10,000.00: GST = ₹1,800.00, Total = ₹11,800.00
Related HSN Codes in Iron & Steel
| HSN Code | Description | GST Rate |
|---|---|---|
| 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% |
| 7208 | Flat-rolled iron/steel, hot-rolled, width >=600mm | 18% |
| 7209 | Flat-rolled iron/steel, cold-rolled, width >=600mm | 18% |
| 7211 | Flat-rolled iron/steel, width <600mm | 18% |
| 7212 | Flat-rolled iron/steel, plated or coated | 18% |
About HSN Code 7315
HSN code 7315 is used to classify chain and parts thereof of iron or steel under the Goods and Services Tax (GST) system in India. This code falls under the Iron & Steel category and attracts a GST rate of 18%.
HSN (Harmonized System of Nomenclature) is an internationally standardized system of names and numbers to classify traded products. Under GST, businesses with turnover above ₹5 crore must report 6-digit HSN codes on invoices, while those between ₹1.5 crore and ₹5 crore must report 4-digit codes.