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    <title>Chapter Number (No) 72 IRON AND STEEL</title>
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    <description>Chapter 72 defines material and product categories for iron and steel, prescribes classification rules (including alloy and ferro alloy characterisation and treatment of clad or composite ferrous metals), lists detailed HSN sub headings for primary, semi finished and finished steel products, and sets import policy conditions. Policy measures include CIF value minima historically applied to certain &#039;seconds/defectives&#039; and prime items, port and pre shipment certificate requirements for conditional imports, and compulsory Steel Import Monitoring System (SIMS) registration with advance online submission, payment of a registration fee, issuance of a time limited Registration Number and mandatory entry of that number and expiry in the Bill of Entry for customs clearance.</description>
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