HSN (Harmonized System of Nomenclature) Code 72142090 pertains to TMT (Thermo-Mechanically Treated) steel bars and rods, which are widely used in construction due to their high strength and ductility.
Key Features of TMT Steel Bars:
High Strength: TMT bars are known for their high strength, which makes them ideal for use in the construction of high-rise buildings, bridges, and other large structures.
Ductility: These bars exhibit excellent ductility, which allows them to withstand high levels of stress and strain without breaking.
Corrosion Resistance: TMT bars are treated to resist corrosion, making them suitable for use in humid and coastal areas.
Earthquake Resistance: Due to their high strength and ductility, TMT bars provide better resistance to seismic forces, making structures more earthquake-resistant.
Bonding Strength: The ribs and lugs on TMT bars provide better bonding with concrete, enhancing the overall strength of the construction.
Applications:
- Construction: TMT bars are primarily used in the construction industry for building residential, commercial, and industrial structures.
- Infrastructure Projects: They are used in the construction of bridges, dams, and highways.
- Reinforcement: TMT bars are used as reinforcement in concrete structures to provide additional strength and support.
HSN Code 72142090:
- Category: This code falls under Chapter 72 of the HSN, which covers iron and steel products.
- Description: HSN Code 72142090 specifically covers bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel, containing indentations, ribs, grooves, or other deformations produced during the rolling process.
- GST Rate: The GST rate for products under HSN Code 72142090 may vary depending on the country and specific regulations.
Importance of HSN Codes:
HSN codes are used globally to classify goods in a standardized manner, facilitating international trade and taxation. For businesses dealing with TMT steel bars, knowing the correct HSN code is crucial for compliance with tax regulations and for smooth import/export operations.
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