The steel hsn code you need sits in Chapter 72 for iron and steel as materials (billets, sheets, bars, angles, wire) or Chapter 73 for articles made of them (pipes, structures, fasteners, utensils), and GST on iron and steel is 18% almost everywhere. The few lower rated lines are small, such as steel geometry boxes at 5%.
This hub lists the headings, links every page in the metals and machinery group, and explains the points traders get wrong: scrap, fabrication and articles under 7326. Start with TMT bars, MS plates, pipes or angles and channels.
Iron and steel: codes and GST rates
Item / HSN / GST- Ingots, billets and blooms18%Primary and semi-finished forms
- Semi-finished steel18%Slabs and blooms
- HR and CR sheets, plates, coils18%Flat-rolled, headings 7208 to 7212
- Bars and rods, TMT18%Headings 7213 to 7215
- Angles, channels, beams18%Sections
- Wire of iron or steel18%GI wire and binding wire
- Stainless steel flat-rolled18%Including 7220
- Iron and steel scrap18%Melting scrap
- Pipes and tubes18%Welded pipes
- Structures: sheds, towers, gates18%Fabricated structures
- Steel wire rope18%Stranded wire
- Kitchen and household articles of steel18%Utensils, buckets
- Other articles of iron or steel18%Residual heading
- Geometry boxes and colour boxes of steel5%Specific entry
Quick facts
Chapters
72 iron and steel, 73 articles of iron or steelGST rate
18% (9% CGST + 9% SGST)Rate before the reform
18%Exception
Geometry and colour boxes 5%, some utensils as listedDigits to print
4 digits up to Rs 5 crore turnover, 6 aboveScrap
7204, with TDS and reverse charge points to watch
Steel hsn code list: Chapter 72
| Heading | Goods | GST |
|---|---|---|
| 7201 to 7205 | Pig iron, ferro alloys, sponge iron, scrap, granules | 18% |
| 7206 | Ingots of iron and non-alloy steel | 18% |
| 7207 | Billets, blooms, slabs | 18% |
| 7208 to 7212 | Flat-rolled: HR, CR, GI, coated sheets and coils | 18% |
| 7213 to 7215 | Bars and rods, including TMT | 18% |
| 7216 | Angles, shapes and sections | 18% |
| 7217 | Wire | 18% |
| 7218 to 7223 | Stainless steel in all forms | 18% |
| 7224 to 7229 | Other alloy steel | 18% |
Steel articles: Chapter 73
| Heading | Goods | GST |
|---|---|---|
| 7303 to 7306 | Tubes, pipes and hollow profiles | 18% |
| 7307 | Pipe fittings, flanges, elbows | 18% |
| 7308 | Structures and parts: sheds, towers, gates, grills | 18% |
| 7309 to 7311 | Tanks, drums, gas cylinders | 18% |
| 7312 to 7314 | Wire rope, barbed wire, mesh | 18% |
| 7317, 7318 | Nails, screws, bolts, nuts | 18% |
| 7321 | Stoves and cookers, non-electric | 18% |
| 7323 | Table, kitchen and household articles | 18% |
| 7324 | Sanitary ware of steel, sinks | 18% |
| 7325 | Cast articles of iron or steel | 18% |
| 7326 | Other articles of iron or steel | 18% |
Pages in the metals, hardware and machinery group
| Page | Main code | GST |
|---|---|---|
| TMT bars | 7214 | 18% |
| MS plates and sheets | 7208 | 18% |
| Steel pipes | 7306 | 18% |
| Angles, channels and beams | 7216 | 18% |
| Stainless steel | 7219 | 18% |
| Scrap | 7204 | 18% |
| Nuts, bolts and screws | 7318 | 18% |
| Hardware items | 8302 | 18% |
| Hand and power tools | 8205 | 18% |
| Machinery and parts | 84 | 18% |
| Bearings | 8482 | 18% |
| Welding rods and machines | 8311 | 18% |
| Aluminium | 7604 | 18% |
| Copper and brass | 7408 | 18% |
| Fire safety | 8424 | 18% |
7326 hsn code gst rate and when to use it
Heading 7326 is the residual heading for articles of iron or steel that no other heading covers: metal boxes, brackets, hooks, steel scale rulers, cable trays and many fabricated parts. The rate is 18%, except geometry boxes, mathematical boxes and colour boxes, which are 5%. Before using 7326, check 7308 (structures), 7323 (household articles), 7325 (cast articles) and 7318 (fasteners). 7325 is used for cast iron articles such as manhole covers.
Gst on steel bars, sheets and wire
All the common forms of steel sold by a steel trader are 18%: TMT bars, MS rounds, HR and CR sheets, GI sheets, angles, channels, beams, GI wire and binding wire. Steel almirahs are furniture under 9403, and steel kitchen utensils are 7323. Wire rope is 7312.
Iron scrap hsn code and steel scrap
Iron and steel scrap is 7204 at 18%. Scrap trading carries special risks: buyers must check the seller's registration and returns, since fake invoices are common in this trade. Scrap sold by a government department or a body corporate may attract TCS or reverse charge in some cases. See the scrap codes page.
Steel on an invoice and e-way bill
Steel trader's bill to a builder in another state: TMT bars 12 mm, HSN 7214 20, 5 tonnes, taxable value Rs 2,75,000. IGST 18% Rs 49,500. Total Rs 3,24,500.
Steel moves in large loads, so an e-way bill is almost always needed. Weighbridge slips and the e-way bill weight should match the invoice. A builder buying steel for its own office building cannot take credit, since section 17(5) blocks credit for constructing immovable property; a contractor making a taxable works contract can.
Frequently asked questions
What is the GST rate on steel?
Iron and steel products of Chapters 72 and 73 are taxed at 18%, including TMT bars, sheets, angles, pipes and wire.
What is the 7326 hsn code gst rate?
7326, other articles of iron or steel, is 18%. Steel geometry boxes and colour boxes under it are 5%.
What is the iron scrap hsn code?
Iron and steel scrap is 7204, at 18%.
What is the steel almirah hsn code?
Steel almirahs are furniture under 9403 10, at 18%.
What is the 7325 hsn code?
7325 covers other cast articles of iron or steel, such as manhole covers, at 18%.