HSN Code 74032290: Copper-tin base alloys

HSN Code 74032290 represents Copper-tin base alloys under GST classification. This code helps businesses identify Copper-tin base alloys correctly for billing, taxation, and trade. With HSN Code 74032290, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Copper-tin base alloys.

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Description of Goods for HSN Code 74032290

HSN Code 74032290 relates to the following description.

Description of Goods

Copper alloys : Copper-tin base alloys (bronze) : Other

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 74032290 not include?

Copper-tin base alloys 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 74032290 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

₹22 Cr

−40.82% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

₹11 Cr

+27.82% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹12 Cr

Trade Surplus

Surplus rank #3230 of 12657 HSN codes

% of Sub-Chapter 7403

FY 2024-25

0.65%

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

Import side: 0.05% of Sub-Chapter 7403’s imports

Rank Within Sub-Chapter 7403

FY 2024-25

#7 of 10

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

Import-side rank: #6 of 10

At a glance

−8.40%

Export CAGR

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

#4709

National Export Rank

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

+112.99%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.65%

Contribution to Sub-Ch. 7403

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

India Export-Import Trade Statistics for HSN Code 74032290

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 #3269

Balance

+1.97

Exports

38.04 ₹ Cr

0.0017% share

— YoY

1.73% of Sub-Ch. 7403

Imports

36.07 ₹ Cr

0.0010% share

— YoY

0.82% of Sub-Ch. 7403

FY 2019-20 Exp. Rank #3135

Balance

+15.27

Exports

42.13 ₹ Cr

0.0019% share

+10.75% YoY

2.29% of Sub-Ch. 7403

Imports

26.86 ₹ Cr

0.0008% share

−25.53% YoY

0.39% of Sub-Ch. 7403

FY 2020-21 Exp. Rank #2501

Balance

+49.54

Exports

68.53 ₹ Cr

0.0032% share

+62.66% YoY

1.24% of Sub-Ch. 7403

Imports

18.99 ₹ Cr

0.0007% share

−29.30% YoY

0.24% of Sub-Ch. 7403

FY 2021-22 Exp. Rank #1970

Balance

+135.59

Exports

145.96 ₹ Cr

0.0047% share

+112.99% YoY

1.64% of Sub-Ch. 7403

Imports

10.37 ₹ Cr

0.0002% share

−45.39% YoY

0.11% of Sub-Ch. 7403

FY 2022-23 Exp. Rank #2933

Balance

+63.16

Exports

75.40 ₹ Cr

0.0021% share

−48.34% YoY

2.15% of Sub-Ch. 7403

Imports

12.24 ₹ Cr

0.0002% share

+18.03% YoY

0.10% of Sub-Ch. 7403

FY 2023-24 Exp. Rank #3916

Balance

+29.45

Exports

37.97 ₹ Cr

0.0010% share

−49.64% YoY

1.09% of Sub-Ch. 7403

Imports

8.52 ₹ Cr

0.0002% share

−30.39% YoY

0.03% of Sub-Ch. 7403

FY 2024-25 Exp. Rank #4709

Balance

+11.58

Exports

22.47 ₹ Cr

0.0006% share

−40.82% YoY

0.65% of Sub-Ch. 7403

Imports

10.89 ₹ Cr

0.0002% share

+27.82% YoY

0.05% of Sub-Ch. 7403

CAGR · 7-Year

Exports

−8.40% /yr

Imports

−18.09% /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 74032290 Export-Import Analysis

Export Decline: −8.40% CAGR Over 7 Years

India's exports under HSN Code 74032290 have declined at a compound annual rate of −8.40% over 7 fiscal years, falling from ₹38.04 Crore in FY 2018-19 to ₹22.47 Crore in FY 2024-25.

HSN Code 74032290 Ranked #4709 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 74032290 ranks #4709 out of 12657 HSN codes by total export value. Within Sub-Chapter 7403, it ranks #7 of 10. By trade surplus, it ranks #3230 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 74032290 Exports

The strongest single-year export movement for HSN Code 74032290 was recorded in FY 2021-22, when exports surged by 112.99% over the prior year.

India Maintains a Trade Surplus of ₹11.58 Crore in HSN Code 74032290 Goods

In FY 2024-25, India's exports of ₹22.47 Cr exceeded imports of ₹10.89 Cr, resulting in a trade surplus of ₹11.58 Crore — ranking #3230 of 12657 by surplus magnitude.

Import Growth of −18.09% CAGR Signals Stable Import Dependency for Copper-tin base alloys

India's imports under HSN Code 74032290 have grown at −18.09% CAGR, reaching ₹10.89 Crore in FY 2024-25.

HSN Code 74032290 Contributes 0.65% of Sub-Chapter 7403 Exports — Ranked #7

Among the 10 HSN codes under Sub-Chapter 7403, HSN Code 74032290 ranks #7 by export value — accounting for 0.65% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.05% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 74032290 and GST compliance.

What products are classified under HSN 74032290 ?

It includes Copper wire scrap (ISRI codes)

Any common misclassification issue with Copper-tin base alloys?

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

Do e‑way bill and e‑invoice apply for Copper-tin base alloys?

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-tin base alloys?

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

Does packaging or labelling change the GST for Copper-tin base alloys?

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.

How should mixed supplies be billed when Copper-tin base alloys is sold with other items?

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

How much GST applies to Copper-tin base alloys?

Under HSN 74032290, Copper-tin base alloys attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.