Stainless steel producers melt high-carbon ferro-chrome to add chromium at low cost.
HSN code 72024100 is classified as Free under India's DGFT ITC(HS) export policy — no export license is required.
This product may be freely exported/imported from India without a license.
HSN Code Details
Ferro-chromium containing more than 4 percent carbon by weight, known as high-carbon ferro-chrome, the main chromium source for stainless steel.
Bulk lump shipments require analysis for chromium, carbon and sulphur; check export duty status and policy.
Related HSN Codes (Heading 7202)
- 7202, the following rule should be observed: A ferro-alloy is considered as binary and classified under the relevant sub-heading (if it exists) if only one of the alloy elements exceeds the minimum percentage laid down in Chapter Note 1(c); by analogy, it is considered respectively as ternary or quaternFree
- 72021100by weight more than 2 percent of carbonFree
- 72021900Ferro-manganese : -- OtherFree
- 72022100weight more than 55 percent of siliconFree
- 72022900Ferro-silicon : -- OtherFree
- 72023000Ferro-silico-manganeseFree
Frequently Asked Questions
No. HSN 72024100 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
High-carbon ferro-chrome above 4 percent carbon is classified in this sub-code.
HSN 72024100 falls under Chapter 72 and Heading 7202 of India's customs tariff schedule.
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