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HSN 7214
TMT Bar HSN Code 7214 and GST Rate
TMT bars, rebars and other bars and rods of iron or non-alloy steel fall under HSN 7214. Bars with indentations, ribs or deformations produced during rolling, such as TMT rebars, are classified under 721420. GST on TMT bars is 18%.
- HSN code
- 7214
- GST rate
- 18%
- Rates as of
- GST 2.0 (from 22 Sep 2025)
- Last checked
TMT Steel Bars HSN code list with GST rates
| HSN code | Description | GST |
|---|---|---|
| 72142090 | Bars and rods with deformations from rolling (TMT bars, rebars) | 18% |
| 72149990 | Other hot-rolled bars and rods of non-alloy steel | 18% |
| 7213 | Wire rods of iron or non-alloy steel (coils) | 18% |
| 7216 | Angles, shapes and sections (structural steel) | 18% |
GST on TMT bars
One tonne of TMT bars priced at ₹55,000 before tax carries ₹9,900 GST at 18%. Builders and contractors can claim this as input tax credit if they pay GST on their output supplies.
GST calculator for tmt steel bars
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Frequently Asked Questions
What is the HSN code for TMT bars?
TMT bars fall under HSN 7214, commonly 72142090 for deformed bars.
What is the GST rate on TMT bars?
18%.
What is the HSN code for steel rods?
Hot-rolled bars and rods of non-alloy steel fall under 7214; wire rods in coils fall under 7213.
What is the HSN code for structural steel?
Angles, channels and other sections fall under 7216 at 18%.
Did GST 2.0 change the GST on steel?
No. Iron and steel products remained at 18%.
Can a builder claim ITC on TMT bars?
A builder can claim ITC only for projects where it pays GST with ITC. Residential projects under the 1% or 5% scheme do not allow ITC.
How many digits of the HSN or SAC code must be shown on an invoice?
Businesses with aggregate turnover up to ₹5 crore must show 4 digits on B2B invoices; above ₹5 crore, 6 digits are mandatory on all invoices.
What happens if the wrong HSN or SAC code is used?
A wrong code can lead to the wrong tax rate, mismatches in returns and possible demands with interest and penalty. Correct the classification and, if tax was underpaid, pay the difference with interest.
Where can the GST rate for a code be verified?
Check the current CBIC rate notifications for the exact tariff entry, description and conditions. Rates on this page reflect GST 2.0, effective 22 September 2025.
Is this page an official classification ruling?
No. Taxzentic is an independent reference. Classification depends on the exact product or service; seek professional advice or an advance ruling for disputed items.
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