HSN Code 74032100: Copper alloys : Copper-zinc base alloys (brass)

HSN Code 74032100 represents Copper alloys : Copper-zinc base alloys (brass) under GST classification. This code helps businesses identify Copper alloys : Copper-zinc base alloys (brass) correctly for billing, taxation, and trade. With HSN Code 74032100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Copper alloys : Copper-zinc base alloys (brass).

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Description of Goods for HSN Code 74032100

HSN Code 74032100 relates to the following description.

Description of Goods

Copper alloys : Copper-zinc base alloys (brass)

Chapter

74 - Copper and articles thereof

Sub Chapter

7403 - Refined copper and copper alloys, unwrought

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 74032100 not include?

Copper alloys : Copper-zinc base alloys (brass) does not include products with the following descriptions.

HSN Code 74032310

Refined copper and copper alloys, unwrought - copper alloys : copper-nickel base alloys( cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) : copper-nickel base alloys (cupro-nickel)

HSN Code 74032320

Refined copper and copper alloys, unwrought - copper alloys : copper-nickel base alloys( cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) : copper-nickel-zinc base alloys(nickel silver)

HSN Code 74032900

Copper alloys : Other copper alloys (other than master alloys of heading 7405)

India’s Trade Performance — HSN Code 74032100 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹554 Cr

+9.14% vs FY 2023-24

0.0151% of India’s total exports

India’s Imports

FY 2024-25

₹18 Cr

+54.37% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

₹536 Cr

Trade Surplus

Surplus rank #597 of 12657 HSN codes

% of Sub-Chapter 7403

FY 2024-25

16.08%

Share of Sub-Chapter 7403’s total exports in FY 2024-25

Import side: 0.09% of Sub-Chapter 7403’s imports

Rank Within Sub-Chapter 7403

FY 2024-25

#3 of 10

Position by export value among HSN codes in Sub-Chapter 7403

Import-side rank: #5 of 10

At a glance

78.35%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#920

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+1,333.88%

Peak Growth Year

FY 2019-20 · strongest single-year move

16.08%

Contribution to Sub-Ch. 7403

Share of Sub-Chapter 7403 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 74032100

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #4290

Balance

−54.28

Exports

17.21 ₹ Cr

0.0008% share

— YoY

0.78% of Sub-Ch. 7403

Imports

71.49 ₹ Cr

0.0020% share

— YoY

1.62% of Sub-Ch. 7403

FY 2019-20 Exp. Rank #1147

Balance

+203.35

Exports

246.77 ₹ Cr

0.0112% share

+1,333.88% YoY

13.43% of Sub-Ch. 7403

Imports

43.42 ₹ Cr

0.0013% share

−39.26% YoY

0.63% of Sub-Ch. 7403

FY 2020-21 Exp. Rank #330

Balance

+1,053.43

Exports

1,072.08 ₹ Cr

0.0498% share

+334.45% YoY

19.39% of Sub-Ch. 7403

Imports

18.65 ₹ Cr

0.0006% share

−57.05% YoY

0.24% of Sub-Ch. 7403

FY 2021-22 Exp. Rank #453

Balance

+1,010.04

Exports

1,036.17 ₹ Cr

0.0330% share

−3.35% YoY

11.63% of Sub-Ch. 7403

Imports

26.13 ₹ Cr

0.0006% share

+40.11% YoY

0.29% of Sub-Ch. 7403

FY 2022-23 Exp. Rank #486

Balance

+1,013.20

Exports

1,037.48 ₹ Cr

0.0287% share

+0.13% YoY

29.59% of Sub-Ch. 7403

Imports

24.28 ₹ Cr

0.0004% share

−7.08% YoY

0.21% of Sub-Ch. 7403

FY 2023-24 Exp. Rank #944

Balance

+495.88

Exports

507.54 ₹ Cr

0.0140% share

−51.08% YoY

14.52% of Sub-Ch. 7403

Imports

11.66 ₹ Cr

0.0002% share

−51.98% YoY

0.05% of Sub-Ch. 7403

FY 2024-25 Exp. Rank #920

Balance

+535.91

Exports

553.91 ₹ Cr

0.0151% share

+9.14% YoY

16.08% of Sub-Ch. 7403

Imports

18.00 ₹ Cr

0.0003% share

+54.37% YoY

0.09% of Sub-Ch. 7403

CAGR · 7-Year

Exports

78.35% /yr

Imports

−20.54% /yr

Consistently Surplus
Sub-Chapter 7403 total

reference, FY 2024-25

Export

₹3,443.98 Cr

Import

₹20,048.57 Cr

Trade Balance

−16,604.59

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 74032100 Export-Import Analysis

Consistent Export Growth: 78.35% CAGR Over 7 Years

India's exports under HSN Code 74032100 have grown at a compound annual rate of 78.35% over 7 fiscal years, rising from ₹17.21 Crore in FY 2018-19 to ₹553.91 Crore in FY 2024-25.

HSN Code 74032100 Ranked #920 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 74032100 ranks #920 out of 12657 HSN codes by total export value. Within Sub-Chapter 7403, it ranks #3 of 10. By trade surplus, it ranks #597 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 74032100 Exports

The strongest single-year export movement for HSN Code 74032100 was recorded in FY 2019-20, when exports surged by 1,333.88% over the prior year.

India Maintains a Trade Surplus of ₹535.91 Crore in HSN Code 74032100 Goods

In FY 2024-25, India's exports of ₹553.91 Cr exceeded imports of ₹18.00 Cr, resulting in a trade surplus of ₹535.91 Crore — ranking #597 of 12657 by surplus magnitude.

Import Growth of −20.54% CAGR Signals Stable Import Dependency for Copper alloys : Copper-zinc base alloys (brass)

India's imports under HSN Code 74032100 have grown at −20.54% CAGR, reaching ₹18.00 Crore in FY 2024-25.

HSN Code 74032100 Contributes 16.08% of Sub-Chapter 7403 Exports — Ranked #3

Among the 10 HSN codes under Sub-Chapter 7403, HSN Code 74032100 ranks #3 by export value — accounting for 16.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 74032100 and GST compliance.

What products are classified under HSN 74032100 ?

It includes Other Copper Alloys

How much GST applies to Copper alloys : Copper-zinc base alloys (brass)?

Under HSN 74032100, Copper alloys : Copper-zinc base alloys (brass) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Copper alloys : Copper-zinc base alloys (brass) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Copper alloys : Copper-zinc base alloys (brass); Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Copper alloys : Copper-zinc base alloys (brass)?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Do e‑way bill and e‑invoice apply for Copper alloys : Copper-zinc base alloys (brass)?

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.

Any common misclassification issue with Copper alloys : Copper-zinc base alloys (brass)?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Important Disclaimer

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.