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Indian ITC-HS · Tariff Item (8-digit)

HSN / HS Code 72045000

72045000
18% IGSTSchedule II

Remelting scrap ingots

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Source: CBIC Part II Import Tariff, chapter-wise PDFs·Indian Customs Tariff — First Schedule (as on 30.06.2024, CBIC)

Effective import duty stack

Live values from India's ICEGATE customs calculator, computed on an assessable value of ₹100.

Unitkg.
BCD

Basic Customs Duty — the headline tariff rate from the First Schedule.

2.5%₹2.50
AIDC

Agriculture Infrastructure & Development Cess — calculated on BCD.

2.5%₹0.06
SWS

Social Welfare Surcharge — calculated on (BCD + AIDC).

10%₹0.26
IGST

Integrated Goods and Services Tax — on (CIF + BCD + AIDC + SWS).

18%₹18.51Notif. 009/2025-II263
Total Duty21.33%₹21.33 per ₹100 of CIF
How it's calculated

For an assessable value of ₹100:

  1. BCD = AV × 2.5% = ₹2.50
  2. AIDC = BCD × 2.5% = ₹0.06
  3. SWS = (BCD + AIDC) × 10% = ₹0.26(exemption notifications exist for this code; verify eligibility)
  4. IGST = (AV + BCD + AIDC + SWS) × 18% = ₹18.51
  5. Total Duty = BCD + AIDC + SWS + IGST = ₹21.33 (21.33%)

Notifications and exemptions can lower the effective rate for specific goods or FTA partner countries. Cross-check against the latest CBIC circulars before filing.

FTA preferential rates

Basic Customs Duty (BCD) under each Free Trade Agreement India is party to. Sourced from ITC's Market Access Map (MACMAP, 2025). Other duties (AIDC, SWS, IGST, Cess) typically still apply on top — see the Effective duty stack above for those.

No FTA preferential rates listed for this code.
Source: ITC MACMAP · 2025 · Eligibility depends on Rules of Origin (RoO) — consult the relevant FTA notification before filing.
*REFER PARA 1 TO 9 OF DGFT TRADE NOTICE NO.03/2022-23 DT 26-04-22 FOR NEW ONLINE MODULE REGARDING APPLICATION FOR RECOGNITION AS PRE-SHIPMENT INSPECTION AGENCY (PSIA) AND ISSUANCE AND ELECTRONIC VERIFICATION OF PRE-SHIPMENT INSPECTION CERTIFICATE (PSIC) FOR METAL SCRAP.ALL PSICS SHALL BE MANDATORILY GENERATED ONLINE THROUGH THE DGFT WEBSITE W.E.F. 1.7.22. PSICS DATED ON OR AFTER 1.7.22 NOT GENERATED USING THE DGFT ONLINE SYSTEMS MAY NOT BE ACCEPTED BY THE INDIAN CUSTOMS AUTHORITIES*FOLLOW STANDARD OPERATING PROCEDURES (SOP) FOR RANDOM CHECKING OF IMPORTED CONSIGNMENTS OF METAL SCRAP WITH RESPECT TO RADIOACTIVE CONTAMINATION AS PER ANNEXURE TO DGFT PUBLIC NOTICE NO.37/2015-20 DATED 15-11-2021*IMPORT UNDER THIS CTI REQUIRES COMPULSORY REGISTRATION UNDER STEEL IMPORT MONITORING SYSTEM(SIMS). REFER POLICY CONDITION NO.5 OF CHAPTER-72 AND DGFT NTFN 33/2015-20 DTD 28-09-20 AND FURTHER CLARIFICATION,RESPONSES TO PARA (2.A.)RE-IMPORT OF GOODS OF STEEL FOR PACKAGING PURPOSES WILL NOT BE COVERED UNDER SIMS AS IT IS NOT PRIMARILY MEANT FOR VALUE ADDITION,RATHER BEING RE-IMPORTED FOR PACKAGING ONLY AND PARA(2.B.)IN BOTH THE CASES I.E.(I) IF THE STEEL/STEEL ITEM IS EXPORTED FROM DTA TO SEZ AND THEN IMPORTED INTO DTA FROM SEZ WITHOUT VALUE ADDITION, OR (II) WITH VALUE ADDITION,THERE SHOULD BE NO REQUIREMENT FOR SIMS REGISTRATION.(REFER DGFT POLICY CIRCULAR NO.38/2015-20 DT 19-01-22)*CLEARANCE OF METALLIC SCRAP IS PERMITTED AT SPFD PORTS/LOCATIONS AND SUBJECT TO THE CONDITIONS IN PARA 2.54 OF HBP AND INCLUDING SUBMISSION OF PSIC, FROM THE EXPORTING COUTRIES, FOR BOTH SHREDDED AND NON SHREDDED SCRAP.IF EXPORT IS FROM SAFE COUNTRIES/REGION, PSIC IS NOT REQUIRED, IF IMPORTED THROUGH SPECIFIED PORTS. REFER DGFT PN 64/2015-20 DT 19-02-20 AND PN 46/2015-20 DT 14-01-2022.*IMPORT OF WASTES IS SUBJECT TO COMPLIANCE OF PARA 8(B) OF GEN. NOTES REGD IMPORT POLICY OF ITC (HS) AND IS SUBJECT TO RULES 11, 12 & 13 OF THE HAZARDOUS WASTE (MANAGEMENT & TRANSBOUNDRY MOVEMENT) RULES, 2016. ALSO REFER TO SCHEDULE-III,VI AND VIII WITH REGARDS TO DESCRIPTION, CONDITIONS, NOTES AND DOCUMENTS REQUIRED FOR VERIFICATION ALONGWITH VALID FORMS 2,6,7 AND 9 AS PER THE HAZARDOUS WASTE (MANAGEMENT & TRANSBOUNDRY MOVEMENT) RULES, 2016.*IN CASE OF PGA FACILITATED BILLS I.E. WHICH HAVE NOT BEEN ROUTED THROUGH PGA FOR NOC, PROPER OFFICER SHOULD VERIFY AND ENSURE THAT THE MANDATORY DOCUMENTS-PRE SHIPMENT INSPECTION CERTIFICATE [856001]HAVE BEEN UPLOADED IN (E-SANCHIT) BEFORE GIVING OUT-OF-CHARGE*THE STEEL IMPORTING MONITORING SYSTEM (SIMS) SHALL REQUIRE IMPORTERS TO SUBMIT ADVANCE INFORMATION IN AN ONLINE SYSTEM FOR IMPORT OF ITEMS AND OBTAIN AN AUTOMATIC REGISTRATION NUMBER BY PAYING REGISTRATION FEE OF RS. 1 PER THOUSAND SUBJECT TO MINIMUM OF RS.500/ AND MAXIMUM OF RS.1 LAKH ON CIF VALUE. THE IMPORTER CAN APPLY FOR REGISTRATION NOT EARLIER THAN 60TH DAY BEFORE THE EXPECTED DATE OF ARRIVAL OF IMPORT CONSIGNMENT. THE AUTOMATIC REGISTRATION NUMBER THUS GRANTED SHALL REMAIN VALID FOR A PERIOD OF 75 DAYS. THE REQUIREMENT OF ADVANCE REGISTRATION OF MINIMUM 15 DAYS FROM THE EXPECTED DATE OF ARRIVAL OF IMPORT CONSIGNMENT UNDER SIMS HAS BEEN ABOLISHED.(REFER DGFT NOTF NO.19/2015-20 DTD 07-07-2022)*ENSURE COMPLIANCE OF PARA 2.32 OF FTP AND PARA 2.54 AND 2.55 OF FTP PROCEDURE*REFER CLEARANCE OF IMPORT OF METAL SCRAP PROCEDURE AS PER CBIC CIRCULAR NO 48/2016-CUS DTD 26-10-2016 AS AMENDED FROM TIME TO TIME READ WITH CBIC CIRCULAR NO 53/2016-CUS DTD 18-11-2016 AND CBIC CIRCULAR NO.41/2019-CUSTOMS DTD 29-11-2019.*REFER DGFT PN NO 38/2015-2020 DTD 06-10-2016 WRT PROCEDURE GOVERNING IMPORT OF UN-SHREDDED SCRAP (HMS-I AND HMS-II) UNDER PARA 2.54 OF HBP(2015-2020) AS AMENDED FROM TIME TO TIME. REFER CORRIGENDUM PN NO 40/2015-2020 DTD 25-10-2016.*REFER DGFT PN NO 63/2015-2020 DT 27-03-2017 AND CLARIFICATIONS VIDE DGFT TRADE NOTICE NO.19/2017.

Participating Government Agency requirements

Documents and information you must declare for clearance under India's SWIFT single-window system.

Steel Import Monitoring System
SIMS
Product Name
SIMS Unique Reference Number
Mandatory

Where this code sits

Section XV
BASE METALS AND ARTICLES OF BASE METAL
Chapter 72
Iron and steel
Tariff hierarchy
  1. 1
    7204Heading (4-digit)
    FERROUS WASTE AND SCRAP; REMELTING SCRAP INGOTS OF IRON OR STEEL
  2. 2
    72045000Tariff Item (8-digit)
    Remelting scrap ingots
What is an HSN Code?

An HSN code (Harmonized System of Nomenclature) is an internationally standardised numeric system to classify traded products. Indian customs extend it to an 8-digit ITC-HS code for more precise classification, taxation and compliance.

  • First 2 digits: Chapter (e.g. 72)
  • Digits 3–4: Heading
  • Digits 5–6: Subheading (WCO-aligned)
  • Last 2 digits: Indian ITC extension for added granularity
Read the full explainer →

Why is the right HSN code important?

  • Ensures correct calculation of customs duties and taxes.
  • Required for shipping bills, bills of entry, GST filings and FTA certificates of origin.
  • Helps avoid clearance delays, penalties or reclassification disputes.
Tip: Always cross-check the 8-digit code against the latest DGFT / Customs schedule before filing.

How to use this HSN code

Export Documentation

Use this code in your Commercial Invoice, Packing List, and Shipping Bill for exports from India.

Import Clearance

Required for the Bill of Entry and customs clearance when importing goods into India.

GST Classification

Drives the applicable GST rate, HSN-wise summary in GSTR-1 and ITC eligibility checks.

Common HSN code mistakes to avoid

  • • Reusing outdated or incorrect codes from old shipments
  • • Mixing up similar product codes without checking descriptions
  • • Ignoring the last 2 digits which affect Indian duty rates
  • • Not considering composition, end use or manufacturing process
  • • Relying solely on online tools without professional verification

Need more information?

For complex products, consult with customs brokers or trade experts who can classify based on:

  • • Physical product inspection
  • • Material composition / manufacturing process
  • • Intended end-use
  • • Latest customs notifications & advance rulings
Pro tip: Correct HSN code usage saves time, money and grief at customs.

Additional Resources

DGFT Policy: Guidelines for export-import procedures

Customs Tariff: Complete HSN code list with duty rates

GST Notifications: Latest tax-rate updates

Trade Portal: Government trade documentation support

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HSN Code 72045000 — FAQs

Duty, GST and classification questions answered from the official Customs Tariff data.

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