Rolling mills and forges buy them to roll or forge into alloy bars, plates and sections.
HSN code 72241000 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
Ingots and other primary forms of alloy steel other than stainless steel.
Traded by grade and chemistry with heat numbers and mill certificates; load as break-bulk with clear marking.
Related HSN Codes (Heading 7224)
Frequently Asked Questions
No. HSN 72241000 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
These are cast alloy steel ingots and primary forms used as mill feedstock.
HSN 72241000 falls under Chapter 72 and Heading 7224 of India's customs tariff schedule.
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