TMT Bar HSN Code and GST Rate
TMT bars ( Thermo-Mechanically Treated bars ) are essential construction materials used in building homes, bridges, and infrastructure projects across India. If you're a builder, contractor, or supplier, knowing the correct HSN code and GST rate for TMT bars is crucial for billing and compliance.
Let me break down everything you need to know about TMT bar HSN codes and GST rates in simple terms.
What is TMT Bar HSN Code?
HSN Code stands for Harmonized System of Nomenclature – it's a standardized system of numbers used to classify products for taxation and trade purposes.
TMT bars fall under HSN Code 7214 in the Indian taxation system. This code covers "other bars and rods of iron or non-alloy steel."
Complete TMT Bar HSN Code
The full HSN code structure is:
- Main Code: 7214
- Specific Code: 721420
- Description: Bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded
TMT Bar GST Rate
The GST rate for TMT bars is 18% across India. This rate applies to all grades and sizes of TMT bars, whether you're buying Fe 415, Fe 500, Fe 550, or Fe 600 grade.
GST Breakdown
Here's how GST is split:
- CGST: 9%
- SGST: 9%
- Total GST: 18%
For interstate sales, IGST of 18% is applicable instead of CGST and SGST.
TMT Bar HSN Code by Grade
All TMT bar grades use the same HSN code, but here's a quick reference:
| TMT Bar Grade | HSN Code | GST Rate |
|---|---|---|
| Fe 415 | 7214 | 18% |
| Fe 500 | 7214 | 18% |
| Fe 500D | 7214 | 18% |
| Fe 550 | 7214 | 18% |
| Fe 550D | 7214 | 18% |
| Fe 600 | 7214 | 18% |
Why HSN Code is Important
Understanding the correct HSN code helps you:
✅ File accurate GST returns without errors
✅ Avoid penalties from tax authorities
✅ Claim correct input tax credit on purchases
✅ Generate proper invoices for your buyers
✅ Import/export TMT bars with correct documentation
TMT Bar Sizes and HSN Code
Whether you're buying 8mm, 10mm, 12mm, 16mm, 20mm, or 32mm TMT bars, the HSN code remains the same – 7214. The diameter doesn't change the classification.
Where to Buy TMT Bars
Looking for reliable TMT bar suppliers? World Mart Export connects you with verified TMT bar manufacturers and suppliers across India. You can compare prices, check quality certifications, and place bulk orders directly through our B2B marketplace.
From small construction projects to large infrastructure developments, find the right TMT bar supplier on World Mart Export at competitive wholesale rates.
Conclusion:
TMT bars are classified under HSN Code 7214 with an 18% GST rate in India. Always use this code on your invoices and GST returns for proper compliance. Need TMT bars for your project? Connect with trusted suppliers on World Mart Export today!
