HSN Code 7318
Screws, bolts, nuts, washers of iron
HSN Code7318
DescriptionScrews, bolts, nuts, washers of iron
CategoryMetals
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 Metals
| HSN Code | Description | GST Rate |
|---|---|---|
| 7101 | Pearls, natural or cultured | 3% |
| 7102 | Diamonds, worked or unworked | 0.25% |
| 7103 | Precious stones (rubies, sapphires, emeralds) | 3% |
| 7104 | Synthetic or reconstructed precious stones | 3% |
| 7106 | Silver, unwrought or semi-manufactured | 3% |
| 7108 | Gold, unwrought or semi-manufactured | 3% |
| 7110 | Platinum, unwrought or semi-manufactured | 3% |
| 7115 | Articles of precious metal (wire, foil, tubes) | 3% |
About HSN Code 7318
HSN code 7318 is used to classify screws, bolts, nuts, washers of iron under the Goods and Services Tax (GST) system in India. This code falls under the Metals 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.