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Published on:
February 25, 2023
By
Harshini

Other tube pipes of Iron Steel - GST Rates HSN Code 7306

Other Tubes, Pipes Of Iron Or Steel are one of the most common materials used in construction, plumbing, and infrastructure projects. These products are typically used to transfer liquids and gases from one location to another. They are used in a variety of industries, including oil and gas, water treatment, and mining.

The Goods and Services Tax (GST) is a value-added tax that is levied on goods and services sold within India. The GST rates and HSN code for Other Tubes, Pipes Of Iron Or Steel are important for small and medium business owners and startup founders to understand.

HSN code for Other Tubes, Pipes Of Iron Or Steel is 7306. The GST rates for Other Tubes, Pipes Of Iron Or Steel are as follows:

1. 18% GST for tubes, pipes, and hollow profiles, seamless, of iron (other than cast iron) or steel

2. 18% GST for tubes and pipes, of circular cross-section, of iron or non-alloy steel, welded, of an external diameter not exceeding 168.3 mm

3. 28% GST for tubes and pipes, of circular cross-section, of iron or non-alloy steel, welded, of an external diameter exceeding 168.3 mm but not exceeding 406.4 mm

4. 28% GST for tubes and pipes, of circular cross-section, of iron or non-alloy steel, welded, of an external diameter exceeding 406.4 mm

5. 18% GST for tubes, pipes, and hollow profiles, of iron (other than cast iron) or steel, having a minimum pressure threshold of 16 bar

It is important to note that GST rates may change over time, so it is always a good idea to check with the latest rules and regulations.

Small and medium business owners and startup founders who deal with Other Tubes, Pipes Of Iron Or Steel should keep a few things in mind regarding GST rates and HSN code:

1. They should be familiar with the HSN code for Other Tubes, Pipes Of Iron Or Steel, which is 7306.

2. They should stay up-to-date with the latest GST rates to ensure that they are charging the appropriate amount of tax.

3. They should have an understanding of the different types of Other Tubes, Pipes Of Iron Or Steel and how they are classified under the GST.

Conclusion

Overall, understanding the GST rates and HSN code for Other Tubes, Pipes Of Iron Or Steel is important for small and medium business owners and startup founders who deal with these materials. By staying up-to-date with the latest regulations and rates, they can ensure that they are charging the appropriate amount of tax and complying with all necessary regulations.

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