HSN Code 74010010: Copper mattes
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 or export of Copper mattes.
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Description of Goods for HSN Code 74010010
HSN Code 74010010 relates to the following description.
What does HSN Code 74010010 not include?
Copper mattes does not include products with the following descriptions.
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)
India’s Trade Performance — HSN Code 74010010 in FY 2024-25
India’s Exports
FY 2024-25₹293 Cr
0.0080% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹293 Cr
Surplus rank #926 of 12657 HSN codes
% of Sub-Chapter 7401
FY 2024-2599.86%
Share of Sub-Chapter 7401’s total exports in FY 2024-25
Import side: 4.49% of Sub-Chapter 7401’s imports
Rank Within Sub-Chapter 7401
FY 2024-25#1 of 4
Position by export value among HSN codes in Sub-Chapter 7401
Import-side rank: #2 of 4
At a glance
28.29%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1469
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+134.49%
Peak Growth Year
FY 2020-21 · strongest single-year move
99.86%
Contribution to Sub-Ch. 7401
Share of Sub-Chapter 7401 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 74010010
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+61.55
Exports
65.83 ₹ Cr
0.0029% share
— YoY
99.71% of Sub-Ch. 7401
Imports
4.28 ₹ Cr
0.0001% share
— YoY
100.00% of Sub-Ch. 7401
Balance
+67.07
Exports
67.07 ₹ Cr
0.0030% share
+1.88% YoY
99.94% of Sub-Ch. 7401
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7401
Balance
+157.15
Exports
157.27 ₹ Cr
0.0073% share
+134.49% YoY
99.94% of Sub-Ch. 7401
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
18.18% of Sub-Ch. 7401
Balance
+122.82
Exports
123.03 ₹ Cr
0.0039% share
−21.77% YoY
98.01% of Sub-Ch. 7401
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+75.00% YoY
19.44% of Sub-Ch. 7401
Balance
+132.84
Exports
132.94 ₹ Cr
0.0037% share
+8.05% YoY
98.59% of Sub-Ch. 7401
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−52.38% YoY
12.35% of Sub-Ch. 7401
Balance
+128.22
Exports
128.22 ₹ Cr
0.0035% share
−3.55% YoY
100.00% of Sub-Ch. 7401
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7401
Balance
+293.18
Exports
293.45 ₹ Cr
0.0080% share
+128.86% YoY
99.86% of Sub-Ch. 7401
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
4.49% of Sub-Ch. 7401
CAGR · 7-Year
Exports
28.29% /yr
Imports
−36.91% /yr
reference, FY 2024-25
Export
₹293.85 Cr
Import
₹6.01 Cr
Trade Balance
+287.84
Key Trade Insights: HSN Code 74010010 Export-Import Analysis
Consistent Export Growth: 28.29% CAGR Over 7 Years
India's exports under HSN Code 74010010 have grown at a compound annual rate of 28.29% over 7 fiscal years, rising from ₹65.83 Crore in FY 2018-19 to ₹293.45 Crore in FY 2024-25.
HSN Code 74010010 Ranked #1469 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 74010010 ranks #1469 out of 12657 HSN codes by total export value. Within Sub-Chapter 7401, it ranks #1 of 4. By trade surplus, it ranks #926 of 12657.
FY 2020-21 Was the Strongest Growth Year for HSN Code 74010010 Exports
The strongest single-year export movement for HSN Code 74010010 was recorded in FY 2020-21, when exports surged by 134.49% over the prior year.
India Maintains a Trade Surplus of ₹293.18 Crore in HSN Code 74010010 Goods
In FY 2024-25, India's exports of ₹293.45 Cr exceeded imports of ₹0.27 Cr, resulting in a trade surplus of ₹293.18 Crore — ranking #926 of 12657 by surplus magnitude.
Import Growth of −36.91% CAGR Signals Stable Import Dependency for Copper mattes
India's imports under HSN Code 74010010 have grown at −36.91% CAGR, reaching ₹0.27 Crore in FY 2024-25.
HSN Code 74010010 Contributes 99.86% of Sub-Chapter 7401 Exports — Ranked #1
Among the 4 HSN codes under Sub-Chapter 7401, HSN Code 74010010 ranks #1 by export value — accounting for 99.86% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.49% share (rank #2).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 74010010 and GST compliance.
What products are classified under HSN 74010010 ?
It includes Unrefined copper, copper anodes
How should mixed supplies be billed when Copper mattes is sold with other items?
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).
Any common misclassification issue with Copper mattes?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
How much GST applies to Copper mattes?
Under HSN 74010010, Copper mattes attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Copper mattes?
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.
Can we claim ITC on inputs used to trade Copper mattes?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.