Cutting tool makers use it for drills, milling cutters and hobs that must stay hard at high temperature.
HSN code 72249030 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
Semi-finished cobalt-bearing high speed alloy steel, other than stainless steel.
Cobalt high speed steel is high value; supply full chemistry (cobalt, tungsten, molybdenum) and pack with anti-rust wrapping.
Related HSN Codes (Heading 7224)
Frequently Asked Questions
No. HSN 72249030 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
It is cobalt high speed steel stock for high-performance cutting tools.
HSN 72249030 falls under Chapter 72 and Heading 7224 of India's customs tariff schedule.
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