Q3HSN Code 7203
Ferrous products obtained by direct reduction of iron ore
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
GST rate
18%
Codes under 7203
| Code | Description | GST rate |
|---|---|---|
| 7203 10 | Ferrous products obtained by direct reduction of iron ore | 18% |
| 7203 90 | 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 | 18% |
← Chapter 72: Iron and steel
Related HSN codes
Frequently Asked Questions
What is the HSN code for ferrous products obtained by direct reduction of iron ore?
The HSN code for ferrous products obtained by direct reduction of iron ore is 7203, under Chapter 72 (Iron and steel).
What is the GST rate on ferrous products obtained by direct reduction of iron ore?
Ferrous products obtained by direct reduction of iron ore is taxed at 18% GST under HSN code 7203.
How many digits of the HSN code go on a GST invoice?
It depends on your turnover in the previous financial year: businesses above ₹5 crore generally show 6 digits (8 for certain specified goods), and smaller businesses show 4 digits on B2B invoices. Check the current e-invoicing/HSN notification for the exact threshold that applies to you.
Rates as per Notification No. 9/2025-Central Tax (Rate), as amended, as of 7 October 2026. For guidance only — verify with your tax advisor.