72071920
Unit: KGS

Mild steel billets

SEMI-FINISHED PRODUCTS OF IRON OR NON-ALLOY STEEL > Other > Mild steel billets

BCD
15.0000%
IGST
18.0000%
SWS
10.0000%
AIDC
15.0000%
IMPORTFree
→ Calculate DutyChapter 72

Duty Rates

DUTY STRUCTURE (SCHEDULE RATES)
BCD
15%
SWS
10%
AIDC
15%
IGST
18%
TOTAL
40.4%
DutyStatutoryEffective (conditional)
Basic Customs Duty (BCD)15%15%
Social Welfare Surcharge (SWS)10%10%
AIDC15%15%
IGST18%18%

IGST Notification: 009/2025 — Serial No. II266

Statutory = tariff schedule rates (what most importers pay). Effective = ICEGATE rate via notification — applies only if importer meets the notification conditions.

SECTION XVBASE METAL & ARTICLES OF BASE METAL
Chapter 72: Iron and steel

Related HS Codes in Chapter 72

72071910
Forged blanks of non-alloy steel
72071990
Other
72072010
Forging quality
72072020
Spring steel quality
72072030
Seamless steel tube quality
72072090
Other