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

HS 7218Stainless steel in ingots or other primary forms; semi-finished products of stainless steel

Iron and steel

Customs duty
15%
4 tariff items
GST now
18%
Import policy
Free
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

3 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
7218 10 00Ingots and other primary forms15%18%kg
7218 91 00Of rectangular (other than square) cross-section15%18%kg
7218 99Other15%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 4 tariff items: 15%. The rules below cover this whole code.

Anti-dumping, countervailing and safeguard duty

None in force on this code as on 19 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: 4 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. 271Stainless steel in ingots or other primary forms; semi-finished products of stainless 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
7218Stainless steel in ingots or other primary forms; semi-finished products of stainless steel——
721801Containing at least 12% chromium, 7% nickel and 2% molybdenum3.1%Rs. 39 per Kg
721899Others1.5%—

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 19 Oct 2026.

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

  • Free: 4 tariff items

China: the same goods (7218)

China shares the first 6 digits with India and splits them into 10-digit codes of its own: 4 in force and 1 expired under 7218. 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
7218.10.00.00Ingots and other primary forms, of stainless steel不锈钢锭及其他初级形状产品0%China's provisional rate, lower than MFN2%13%0%4BxN
7218.91.00.00Semi-finished products of stainless steel, of rectangular cross-section矩形截面的不锈钢半制成品2%MFN rate (no APTA concession on this line)2%13%0%4xBN
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2%MFN rate (no APTA concession on this line)2%13%0%4BxN
7218.99.00.90Other 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.

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

Heading 7218: Stainless steel in ingots or other primary forms; semi-finished produ… — duty, GST and import rules | SCM INSIGHTS