Foundries and steel mills use ingots as a consistent-size remelt feed.
HSN code 72045000 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
Remelting scrap ingots of iron or steel, cast from scrap for further melting.
Provide composition and weight per ingot and ship on pallets or in bulk.
Related HSN Codes (Heading 7204)
Frequently Asked Questions
No. HSN 72045000 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
Ingots made from remelted scrap are classified here.
HSN 72045000 falls under Chapter 72 and Heading 7204 of India's customs tariff schedule.
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