mild steel plate hs code india,What is Mild Steel Plate and HS Code in India? Mild steel plate is a type of steel that contains a relatively low amount
What is Mild Steel Plate and HS Code in India?
Mild steel plate is a type of steel that contains a relatively low amount of carbon. It is widely used in various industries due to its good formability, weldability, and affordability. In India, the Harmonized System (HS) code is used for classifying goods for international trade. The HS code for mild steel plate in India helps in identifying the product accurately for customs and trade purposes.
For example, in construction, mild steel plates are often used for making structural components. They can be easily cut, bent, and welded to create beams, columns, and other parts of a building. In manufacturing, they are used for making machinery parts, automotive components, and many other items.
How to Find the HS Code for Mild Steel Plate in India?
One can find the HS code for mild steel plate in India through official government sources. The Indian Customs department provides detailed information on HS codes for different products. Additionally, trade directories and online platforms that deal with international trade also list the relevant HS codes.
Businesses need to ensure they use the correct HS code when importing or exporting mild steel plates in India. Using the wrong code can lead to delays in customs clearance, incorrect duties being levied, and other trade - related issues.
Questions and Answers
Question: What are the main uses of mild steel plate in India?Answer: Mild steel plate in India is mainly used in construction for making structural components like beams and columns, and in manufacturing for machinery parts and automotive components.
Question: Why is it important to know the HS code for mild steel plate in India?Answer: It is important to know the HS code for mild steel plate in India because it helps in accurate identification of the product for customs and trade purposes. Incorrect use of the code can lead to customs clearance delays and incorrect duty levies.
Below is,mild steel plate hs code indiapartial price listCategory | Market Price | Use Cases |
316 ss price per pound | 1049$/Ton | Storage, transportation |
1/16 stainless steel sheet | 1075$/Ton | Railings, handrails |
1/8 stainless steel plate | 1094$/Ton | Handrails, doors and windows |