What products are classified under HSN 74010010 ?
It includes Unrefined copper, copper anodes
HSN Code 74010010 represents Copper mattes under GST classification. This code helps businesses identify Copper mattes correctly for billing, taxation, and trade. With HSN Code 74010010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Copper mattes.
HSN Code 74010010 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 74 | Copper and articles thereof | 7401 | Copper mattes; cement copper (precipitated copper) | Copper mattes; Cement copper (precipitated copper): Copper mattes | 9% | 9% | 18% | 0% |
| 74 | Copper and articles thereof | 7401 | Copper mattes; cement copper (precipitated copper) | Copper mattes; Cement copper (precipitated copper): Copper mattes | 9% | 9% | 18% | 0% |
Copper mattes does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Copper mattes; Cement copper (precipitated copper): Cement copper (precipitated copper) | |
| Copper mattes; Cement copper (precipitated copper): Cement copper (precipitated copper) | |
| Copper mattes; cement copper (precipitated copper) - copper mattes | |
| Copper mattes; cement copper (precipitated copper) - cement copper (precipitated copper) |
Copper mattes; Cement copper (precipitated copper): Cement copper (precipitated copper)
Copper mattes; Cement copper (precipitated copper): Cement copper (precipitated copper)
Copper mattes; cement copper (precipitated copper) - copper mattes
Copper mattes; cement copper (precipitated copper) - cement copper (precipitated copper)
It includes Unrefined copper, copper anodes
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Copper mattes; Nil for exempt items if applicable).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 74010010, Copper mattes attracts Varies when sold in taxable form. Describe the exact form on the invoice.
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.