Rebar, structural and tool steel producers add ferro-vanadium for strength and grain control.
HSN code 72029200 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-vanadium, an alloy of iron and vanadium used to make high-strength low-alloy steel and tool steels.
Ship in sealed drums with vanadium assay and lot analysis, and note high value per tonne.
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 72029200 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
Ferro-vanadium is classified in this line.
HSN 72029200 falls under Chapter 72 and Heading 7202 of India's customs tariff schedule.
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