Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel
Under the Harmonized System of Nomenclature (HSN), the code 7224 specifically identifies other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.
"Classifying other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel correctly is critical to avoid litigation. While the base rate is 18%, always check for anti-dumping duties if importing, especially under the Iron & Steel category. AasanKhata automatically monitors these shifts for you."