HSN code 7203: 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

HSN heading 7203 sits in chapter 72 (Iron and steel). It has 2 8-digit tariff items. On a tax invoice, businesses with turnover up to ₹5 crore show at least the 4-digit code 7203; above ₹5 crore, the 6-digit sub-heading.

⚠️About GST rates: GST rates on many goods changed from 22 September 2025, when most items moved to the 5% and 18% slabs and a few to 40%. This finder lists codes and descriptions only — confirm the rate for your item in the current CBIC rate notification before you invoice.

8-digit tariff items under 7203

HSN code	Description
72031000	Ferrous Products Obtained By Direct…
72039000	Other

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