Subheading · Chapter 72 · Section XV, Base metals and articles of base metal
HS 7218 99Stainless steel in ingots or other primary forms; semi-finished products of stainless steel: other
Iron and steel
- Customs duty
- 15%
- 2 tariff items
- GST now
- 18%
- Import policy
- Free
- Export policy
- Free
- Unit
- kg
- Duty in China
- 2%
- On Indian goods
Codes under this subheading
2 codes. Duty and GST are set on the 8-digit tariff items; open the one that describes your goods.
| Code | Description | Customs duty | GST now | Unit |
|---|---|---|---|---|
| 7218 99 10 | Billets | 15% | 18% | kg |
| 7218 99 90 | Other | 15% | 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 2 tariff items: 15%. The rules below cover this whole code.
Anti-dumping, countervailing and safeguard duty
None in force on this code as on 20 Oct 2026.
BIS certification
- Forged/Rolled CTC Segments (IS 8748:1978): In force from 30 Aug 2024. Steel & Steel Products (Quality Control) Order, 2024
- Stainless Steel Blooms Billets And Slabs For Forging (IS 6529:1996): Not operative from 20 Nov 2025. Steel & Steel Products (Quality Control) Order, 2024
- Stainless Steel for welding electrode core wire (IS 10631:1983): Not operative from 20 Nov 2025. Steel & Steel Products (Quality Control) Order, 2024
Import policy (DGFT ITC(HS)) of its tariff items
- Free: 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
| Notification | Goods | Rate |
|---|---|---|
| 9/2025-Integrated Tax (Rate)Schedule II, S.No. 271 | Stainless steel in ingots or other primary forms; semi-finished products of stainless steel | 18% |
History
| Period | Rate | Notification |
|---|---|---|
| Until 21 Sep 2025 | 18% | 1/2017-Central Tax (Rate) |
| From 22 Sep 2025 | 18% | 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)
| Drawback item | Goods | Rate | Cap |
|---|---|---|---|
| 7218 | Stainless steel in ingots or other primary forms; semi-finished products of stainless steel | — | — |
| 721801 | Containing at least 12% chromium, 7% nickel and 2% molybdenum | 3.1% | Rs. 39 per Kg |
| 721899 | Others | 1.5% | — |
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 20 Oct 2026.
Export policy (DGFT ITC(HS) Schedule 2) of its tariff items
- Free: 2 tariff items
What buyers pay abroad: import duty in the US, UK, EU and Australia for 7218 99, and China's below.
China: the same goods (7218 99)
China shares the first 6 digits with India and splits them into 10-digit codes of its own: 2 in force and 1 expired under 7218 99. Exporters see what China charges Indian goods; importers see the rebate and licences their Chinese supplier deals with.
| China code | Goods | Duty on Indian goods | MFN | Import VAT | Export rebate | Licences |
|---|---|---|---|---|---|---|
| 7218.99.00.10 | Semi-finished products of stainless steel, of square cross-section正方形截面的不锈钢半制成品 | 2%MFN rate (no APTA concession on this line) | 2% | 13% | 0% | 4BxN |
| 7218.99.00.90 | Other stainless steel semi-finished products其他不锈钢半制成品 | 2%MFN rate (no APTA concession on this line) | 2% | 13% | 0% | 4BxN |
- 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.
Every Chinese code in full
7218.99.00Other stainless steel semi-finished products
7218.99.00.10Semi-finished products of stainless steel, of square cross-section正方形截面的不锈钢半制成品
- Unit
- kg
- MFN import duty
- 2%
- Provisional import duty
- None
- General import duty
- 11%
- Import VAT
- 13%
- Consumption tax
- 0%
- Export duty
- 0%
- Provisional export duty
- None
- Export VAT rebate
- 0%
- Updated by China
- 7 Sep 2026
Licences and certificates
- 4Export licence出口许可证
- BOutbound goods clearance (inspection and quarantine)出境货物通关单
- xExport licence (processing trade)出口许可证(加工贸易)
Inspection and quarantine
- NExport commodity inspection出口商品检验
What the customs declaration must state
- 0.Brand type品牌类型
- 1.Export preferential status出口享惠情况
- 2.Shape (e.g. square ingots)形状(方锭等)
- 3.Material (stainless steel)材质(不锈钢)
- 4.Cross-sectional shape (square, etc.)截面形状(正方形等)
- 5.Steel grades钢号
- 6.Use用途
- 7.GTIN
- 8.CAS
- 9.Other其他
China's agreement rates
- ASEAN
- 0%
- Chile
- 0%
- Pakistan
- 0%
- New Zealand
- 0%
- Peru
- 0%
- Costa Rica
- 0%
- Switzerland
- 0%
- Iceland
- 0%
- Australia
- 0%
- South Korea
- 0%
- Georgia
- 0%
- Mauritius
- 0%
- Maldives
- 0%
- Cambodia
- 0%
- Nicaragua
- 0%
- Ecuador
- 0%
- Serbia
- 0%
- Hong Kong
- 0%
- Macao
- 0%
RCEP rates
- Australia
- 0%
- Brunei
- 0%
- Cambodia
- 0%
- South Korea
- 0%
- Laos
- 0%
- Malaysia
- 0%
- New Zealand
- 0%
- Singapore
- 0%
- Thailand
- 0%
- Vietnam
- 0%
- Japan
- 0%
- Indonesia
- 0%
- Philippines
- 0%
- Myanmar
- 0%
CIQ codes
- 7218990010999Semi-finished products of stainless steel, of square cross-section正方形截面的不锈钢半制成品
7218.99.00.90Other stainless steel semi-finished products其他不锈钢半制成品
- Unit
- kg
- MFN import duty
- 2%
- Provisional import duty
- None
- General import duty
- 11%
- Import VAT
- 13%
- Consumption tax
- 0%
- Export duty
- 0%
- Provisional export duty
- None
- Export VAT rebate
- 0%
- Updated by China
- 7 Sep 2026
Licences and certificates
- 4Export licence出口许可证
- BOutbound goods clearance (inspection and quarantine)出境货物通关单
- xExport licence (processing trade)出口许可证(加工贸易)
Inspection and quarantine
- NExport commodity inspection出口商品检验
What the customs declaration must state
- 0.Brand type品牌类型
- 1.Export preferential status出口享惠情况
- 2.Shape (e.g. square ingots)形状(方锭等)
- 3.Material (stainless steel)材质(不锈钢)
- 4.Cross-sectional shape (square, etc.)截面形状(正方形等)
- 5.Steel grades钢号
- 6.Use用途
- 7.GTIN
- 8.CAS
- 9.Other其他
China's agreement rates
- ASEAN
- 0%
- Chile
- 0%
- Pakistan
- 0%
- New Zealand
- 0%
- Peru
- 0%
- Costa Rica
- 0%
- Switzerland
- 0%
- Iceland
- 0%
- Australia
- 0%
- South Korea
- 0%
- Georgia
- 0%
- Mauritius
- 0%
- Maldives
- 0%
- Cambodia
- 0%
- Nicaragua
- 0%
- Ecuador
- 0%
- Serbia
- 0%
- Hong Kong
- 0%
- Macao
- 0%
RCEP rates
- Australia
- 0%
- Brunei
- 0%
- Cambodia
- 0%
- South Korea
- 0%
- Laos
- 0%
- Malaysia
- 0%
- New Zealand
- 0%
- Singapore
- 0%
- Thailand
- 0%
- Vietnam
- 0%
- Japan
- 0%
- Indonesia
- 0%
- Philippines
- 0%
- Myanmar
- 0%
CIQ codes
- 7218990090999Other stainless steel semi-finished products其他不锈钢半制成品
7218.99.00.00Other stainless steel semi-finished products其他不锈钢半制成品Expired
- Unit
- kg
- MFN import duty
- 2%
- Provisional import duty
- 0%
- General import duty
- 11%
- Import VAT
- 13%
- Consumption tax
- None
- Export duty
- 0%
- Provisional export duty
- 0%
- Export VAT rebate
- 0%
- Updated by China
- 7 Sep 2026
Licences and certificates
None.
Inspection and quarantine
None.
What the customs declaration must state
- 0.Brand type品牌类型
- 1.Export preferential status出口享惠情况
- 2.Shape [e.g. square ingots]形状[方锭等]
- 3.Material [stainless steel]材质[不锈钢]
- 4.Cross-sectional shape [square, etc.]截面形状[正方形等]
- 5.Steel grades钢号
- 6.GTIN
- 7.CAS
China's agreement rates
- ASEAN
- 0%
- Chile
- 0%
- Pakistan
- 0%
- New Zealand
- 0%
- Peru
- 0%
- Costa Rica
- 0%
- Switzerland
- 0%
- Iceland
- 0%
- Australia
- 0%
- South Korea
- 0%
- Georgia
- 0%
- Mauritius
- 0%
CIQ codes
- 7218990000999Other stainless steel semi-finished products其他不锈钢半制成品
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
Sources
- GSTN HSN code masterChecked 13 Oct 2026
- DGFT ITC(HS) import and export policyChecked 9 Oct 2026
- GST rate per HSN (archived GSTZen extract)Checked 29 Sep 2026
- Customs Tariff of India (First Schedule): sections, chapters, notes and statutory BCDChecked 19 Oct 2026
- GST rates on goods, before and after 22 September 2025Checked 18 Oct 2026
- BIS compulsory certification: products and Quality Control OrdersChecked 18 Oct 2026
- Anti-dumping, countervailing and safeguard duties in force (India)Checked 19 Oct 2026
- India's export duty (Second Schedule to the Customs Tariff Act and notifications 27/2011, 55/2022, 22/2024)Checked 18 Oct 2026
- India's All Industry Rates of duty drawback (notification 77/2023-Customs (N.T.))Checked 19 Oct 2026
- China customs tariff (HS编码网)Checked 19 Oct 2026
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.