What products are classified under HSN 74020090 ?
It includes Refined Copper | Billets
HSN Code 74020090 represents Unrefined copper, copper anodes under GST classification. This code helps businesses identify Unrefined copper, copper anodes correctly for billing, taxation, and trade. With HSN Code 74020090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Unrefined copper, copper anodes.
HSN Code 74020090 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 | 7402 | Unrefined copper; copper anodes for electrolytic refining | Unrefined copper; copper anodes for electrolytic refining : Other | 9% | 9% | 18% | 0% |
| 74 | Copper and articles thereof | 7402 | Unrefined copper; copper anodes for electrolytic refining | Unrefined copper; copper anodes for electrolytic refining : Other | 9% | 9% | 18% | 0% |
Unrefined copper, copper anodes does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Unrefined copper; copper anodes for electrolytic refining : Blister copper | |
| Unrefined copper; copper anodes for electrolytic refining : Blister copper |
Unrefined copper; copper anodes for electrolytic refining : Blister copper
Unrefined copper; copper anodes for electrolytic refining : Blister copper
It includes Refined Copper | Billets
Under HSN 74020090, Unrefined copper, copper anodes attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Unrefined copper, copper anodes; Nil for exempt items if applicable).
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.