Heading · Chapter 72 · Section XV, Base metals and articles of base metal

HS 7204Ferrous waste and scrap; remelting scrap ingots of iron or steel

Iron and steel

Customs duty
5%
10 tariff items
GST now
18%
Import policy
Mostly Free
Restricted: 2 items
Export policy
Free
Unit
kg
Duty in China
0% to 2%
On Indian goods
Search codesRates as on 19 Oct 2026

Codes under this heading

7 codes. Duty and GST are set on the 8-digit tariff items; open the one that describes your goods.

Codes under this code
CodeDescriptionCustoms dutyGST nowUnit
7204 10 00Waste and scrap of cast iron5%18%kg
7204 21Of stainless steel5%18%kg
7204 29Other5%18%kg
7204 30 00Waste and scrap of tinned iron or steel5%18%kg
7204 41 00Turnings, shavings, chips, milling waste, saw dust, fillings, trimmings and stampings, whether or not in bundles5%18%kg
7204 49 00Other5%18%kg
7204 50 00Remelting scrap ingots5%18%kg

Importing into India

Duty is set on each 8-digit tariff item: open one of the codes above. Basic customs duty across its 10 tariff items: 5%. The rules below cover this whole code.

Anti-dumping, countervailing and safeguard duty

None in force on this code as on 19 Oct 2026.

Import policy (DGFT ITC(HS)) of its tariff items

  • Free: 8 tariff items
  • Restricted: 2 tariff items

GST

IGST on imports is the GST rate. Rates changed on 22 September 2025.

  • Now 18%.
  • Until 21 September 2025 18%.
  • Change: Unchanged.

The rules that set it now

GST rate rules in force
NotificationGoodsRate
9/2025-Integrated Tax (Rate)Schedule II, S.No. 263Ferrous waste and scrap; remelt ing scrap ingots of iron or steel18%

History

GST rate history
PeriodRateNotification
Until 21 Sep 202518%1/2017-Central Tax (Rate)
From 22 Sep 202518%9/2025-Integrated Tax (Rate)

Exporting from India

Export duty

Nil. The Second Schedule to the Customs Tariff Act does not list these goods, so no export duty is charged.

Duty drawback (All Industry Rates)

All Industry Rates of duty drawback under this heading
Drawback itemGoodsRateCap
7204Ferrous waste and scrap; remelting scrap ingots of iron or steelNil—

Drawback items follow the 4-digit heading, not the 8-digit code: claim the one that describes your goods. Rates of notification 77/2023-Customs (N.T.) as amended, in force on 19 Oct 2026.

Export policy (DGFT ITC(HS) Schedule 2) of its tariff items

  • Free: 10 tariff items

China: the same goods (7204)

China shares the first 6 digits with India and splits them into 10-digit codes of its own: 13 in force and 10 expired under 7204. Exporters see what China charges Indian goods; importers see the rebate and licences their Chinese supplier deals with.

China's tariff for these goods
China codeGoodsDuty on Indian goodsMFNImport VATExport rebateLicences
7204.10.00.30Importable recycled iron and steel raw materials可进口的再生钢铁原料0%China's provisional rate, lower than MFN2%13%0%4Ax
7204.10.00.90Other cast iron waste and scrap其他铸铁废碎料2%MFN rate (no APTA concession on this line)2%13%0%49AxM
7204.21.00.10Other recycled ferrous scrap conforming to GB/T 39733-2020其他符合GB/T 39733-2020标准要求的再生钢铁原料0%MFN rate (no APTA concession on this line)0%13%0%4AxM
7204.21.00.90Other stainless steel waste and scrap其他不锈钢废碎料0%MFN rate (no APTA concession on this line)0%13%0%4x9AM
7204.29.00.10Other recycled ferrous scrap conforming to GB/T 39733-2020其他符合GB/T 39733-2020标准要求的再生钢铁原料0%MFN rate (no APTA concession on this line)0%13%0%4AxM
7204.29.00.90Other alloy steel waste and scrap其他合金钢废碎料0%MFN rate (no APTA concession on this line)0%13%0%4x9AM
7204.30.00.00Tinned iron or steel waste and scrap镀锡钢铁废碎料2%MFN rate (no APTA concession on this line)2%13%0%49x
7204.41.00.30Importable recycled iron and steel raw materials可进口的再生钢铁原料0%China's provisional rate, lower than MFN2%13%0%4Ax
7204.41.00.90Other ferrous waste and scrap from machining其他机械加工中产生的钢铁废料2%MFN rate (no APTA concession on this line)2%13%0%49AxM
7204.49.00.30Unlisted recycled steel raw materials meeting GB/T 39733-2020 standard符合GB/T 39733-2020标准要求的未列名再生钢铁原料0%MFN rate (no APTA concession on this line)0%13%0%4AxM
7204.49.00.40Waste pressed parts of motor vehicles, waste hardware and electrical appliances mainly for steel recovery废汽车压件、以回收钢铁为主的废五金电器0%MFN rate (no APTA concession on this line)0%13%0%49x
7204.49.00.90Other iron and steel waste and scrap, n.e.s.其他未列名钢铁废碎料0%MFN rate (no APTA concession on this line)0%13%0%49AxM
7204.50.00.00Remelting scrap ingots of iron or steel供再熔的碎料钢铁锭0%MFN rate (no APTA concession on this line)0%13%0%49x
  • India is a member of the Asia-Pacific Trade Agreement (APTA). With an APTA certificate of origin, Indian goods pay China's APTA rate where the line has one; China applies the lower of that and its provisional rate.
  • The export VAT rebate is what China refunds its own exporters. When China cuts it, Chinese export prices tend to rise.

China's tariff as compiled by HS编码网 from China Customs, the State Council Tariff Commission and the State Taxation Administration. The Chinese is the original.

Nearby codes

Previous7203Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having minimum purity by weight of 99.94%, in lumps, pellets or similar formsOne level upChapter 72Iron and steelNext7205Granules and powders, of pig iron, spiegeleisen, iron or steel

Sources

For information, not a customs ruling. Only notifications published in the Gazette have legal force; confirm the duty with your customs broker or ICEGATE before you price a deal.