Export HS Code 72042920 (Other: Of high speed steel) to Panama
HS Code Details
| Code | 72042920 |
| Description | Other: Of high speed steel |
| Chapter | 72 |
| Section | XV — Base Metals |
| Parent Code | 720429 — Other |
| Duty Rate | Refer to destination country’s tariff schedule |
🇵🇦 Panama
| Capital | Panama City |
| Currency | Balboa |
| Region | Central America |
| Trade Agreement | No preferential agreement |
Trade Snapshot
No recorded exports of other: of high speed steel to Panama. This could represent an untapped market opportunity.
Based on parent category HS 720429. Verify with the latest DGCIS data.
Exporting Other: Of high speed steel to Panama
Exporting other: of high speed steel (HS Code 72042920) from India to Panama requires careful attention to documentation, packaging standards, and customs regulations.
Indian exporters should ensure compliance with both Indian export regulations (DGFT) and Panama's import requirements including proper classification under HS 72042920, accurate valuation, and meeting any product-specific standards.
For customs declarations, use the 8-digit tariff code 72042920 which provides the most specific product classification under India's customs tariff.
Documentation Required
Commercial Invoice
Detailed invoice with buyer/seller details, product description, quantity, price, and Incoterms.
Packing List
Itemized list of contents, weights, dimensions, and package markings for each shipment unit.
Bill of Lading / Airway Bill
Transport document issued by the carrier confirming receipt of goods for shipment.
Certificate of Origin
Certifies that goods originate from India. Required for preferential tariff treatment under trade agreements.
Shipping Bill
Filed with Indian Customs for export clearance. Generated through ICEGATE.
Letter of Credit / Bank Documents
Payment guarantee instrument. Commonly used for first-time trade partners.
Insurance Certificate
Proof of marine/cargo insurance covering the shipment against loss or damage.
Related Tariff Lines to Panama
Other 8-digit codes under HS 720429 with export guides for Panama
More HS Codes in Chapter 72
Pig iron and spiegeleisen in pigs, blocks or other primary forms
Other: Non-alloy pig iron containing by weight 0.5% or less of phosphorus
Other: Non-alloy pig iron containing by weight more than 0.5% of phosphorus
Alloy pig iron; spiegeleisen:
Alloy pig iron; spiegeleisen: Cast iron
Alloy pig iron; spiegeleisen: Other
Other Export Destinations for HS 72042920
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