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Free Tools/HSN Code Finder/Chapter 72/HSN 7203
HSN 72034-Digit Heading

HSN 7203: Ferrous products obtained by direct reduction of iron ore – GST Rate

HSN 7203 covers ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms. GST on HSN 7203 is 18% (rates effective 22 September 2025). This heading has 2 tariff items, for example 7203 10 00 and 7203 90 00.

Chapter 72: Iron and steel

GST rates as per CBIC Notifications 09/2025 and 10/2025 (Central Tax - Rate), effective 22 September 2025. Last updated: October 2026. Always verify on the official GST portal before filing.

GST Rates for Heading 7203

18%CGST 9% + SGST 9% / IGST 18%

Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms

Reference: Schedule II, S. No. 262 (Spec: 7203)

Sub-Headings & Tariff Items Under 7203

Showing 4 sub-classification codes with complete hierarchy descriptions.

7203106-Digit Sub-heading

Chain: Iron and steel > Ferrous Products Obtained By Direct Reduction Of Iron Ore And Other Spongy Ferrous Products, In Lumps, Pellets Or Similar Forms; Iron Having Minimum Purity By Weight Of 99.94%, In Lumps, Pellets Or Similar Forms > Ferrous Products Obtained By Direct Reduction Of Iron Ore

720310008-Digit Tariff Item

Chain: Iron and steel > Ferrous Products Obtained By Direct Reduction Of Iron Ore And Other Spongy Ferrous Products, In Lumps, Pellets Or Similar Forms; Iron Having Minimum Purity By Weight Of 99.94%, In Lumps, Pellets Or Similar Forms > Ferrous Products Obtained By Direct Reduction Of Iron Ore > Ferrous Products Obtained By Direct Reduction Of Iron Ore

7203906-Digit Sub-heading

Chain: Iron and steel > Ferrous Products Obtained By Direct Reduction Of Iron Ore And Other Spongy Ferrous Products, In Lumps, Pellets Or Similar Forms; Iron Having Minimum Purity By Weight Of 99.94%, In Lumps, Pellets Or Similar Forms > Other

720390008-Digit Tariff Item

Chain: Iron and steel > Ferrous Products Obtained By Direct Reduction Of Iron Ore And Other Spongy Ferrous Products, In Lumps, Pellets Or Similar Forms; Iron Having Minimum Purity By Weight Of 99.94%, In Lumps, Pellets Or Similar Forms > Other > Other

Other Headings in Chapter 72

HSN 7201
Pig Iron And Spiegeleisen In Pigs, Blocks Or Other Primary Forms
HSN 7202
Ferro-Alloys
HSN 7204
Ferrous Waste And Scrap; Remelting Scrap Ingots Of Iron Or Steel
HSN 7205
Granules And Powders, Of Pig Iron, Spiegeleisen, Iron Or Steel
HSN 7206
Iron And Non-Alloy Steel In Ingots Or Other Primary Forms (Excluding Iron Of Heading 7203)
HSN 7207
Semi-Finished Products Of Iron Or Non-Alloy Steel
HSN 7208
Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Hot-Rolled, Not Clad, Plated Or Coated
HSN 7209
Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Cold- Rolled (Cold-Reduced), Not Clad, Plated Or Coated
HSN 7210
Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of 600 Mm Or More, Clad, Plated Or Coated
HSN 7211
Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of Less Than 600 Mm, Not Clad, Plated Or Coated
HSN 7212
Flat-Rolled Products Of Iron Or Non-Alloy Steel, Of A Width Of Less Than 600 Mm, Clad, Plated Or Coated
HSN 7213
Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Iron Or Non-Alloy Steel
HSN 7214
Other Bars And Rods Of Iron Or Non-Alloy Steel, Not Further Worked Than Forged, Hot-Rolled, Hot-Drawn Or Hot-Extruded, But Including Those Twisted After Rolling
HSN 7215
Other Bars And Rods Of Iron Or Non-Alloy Steel
HSN 7216
Angles, Shapes And Sections Of Iron Or Non-Alloy Steel
HSN 7217
Wire Of Iron Or Non-Alloy Steel
HSN 7218
Stainless Steel In Ingots Or Other Primary Forms; Semi-Finished Products Of Stainless Steel
HSN 7219
Flat-Rolled Products Of Stainless Steel, Of A Width Of 600 Mm Or More
HSN 7220
Flat-Rolled Products Of Stainless Steel, Of A Width Of Less Than 600 Mm
HSN 7221
Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Stainless Steel
HSN 7222
Other Bars And Rods Of Stainless Steel, Angles, Shapes And Sections Of Stainless Steel
HSN 7223
Wire Of Stainless Steel
HSN 7224
Other Alloy Steel In Ingots Or Other Primary Forms; Semi-Finished Products Of Other Alloy Steel
HSN 7225
Flat-Rolled Products Of Other Alloy Steel, Of A Width Of 600 Mm Or More
HSN 7226
Flat-Rolled Products Of Other Alloy Steel, Of A Width Of Less Than 600 Mm
HSN 7227
Bars And Rods, Hot-Rolled, In Irregularly Wound Coils, Of Other Alloy Steel
HSN 7228
Other Bars And Rods Of Other Alloy Steel; Angles, Shapes And Sections, Of Other Alloy Steel; Hollow Drill Bars And Rods, Of Alloy Or Non-Alloy Steel
HSN 7229
Wire Of Other Alloy Steel
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