Cast iron pipes and tubes are widely used in the construction industry for various purposes such as drainage and sewage systems, water supply, gas supply, and more. These pipes and tubes are made from cast iron, which is an alloy of iron, carbon, and silicon.
1. Soil and Waste Pipes: These pipes are used for the disposal of sewage and wastewater.
2. Water Pipes: These pipes are used for the transportation of water.
3. Gas Pipes: These pipes are used for the transportation of gas.
4. Ventilation Pipes: These pipes are used for the ventilation of buildings.
The HSN code for tubes and pipes of cast iron is 7303. This code falls under Chapter 73 of the GST tariff act, which pertains to articles of iron or steel.
It is important to note that the GST rates are subject to change from time to time, and businesses must keep themselves updated with the latest rates.
Tubes and pipes of cast iron are essential components in the construction industry. Understanding the HSN code and GST rates applicable to these goods is crucial for businesses that deal with these materials. By keeping themselves updated with the latest rates, businesses can ensure compliance with GST regulations and avoid any penalties.
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