---
title: "HSN Code for Copper wire scrap (ISRI codes) | HSN 74040012 GST Rate"
description: "Find HSN and GST Rates for 74040012 related to Copper wire scrap (ISRI codes) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-74040012/"
---

# HSN Code 74040012: Copper wire scrap (ISRI codes)

- [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/)
- [Chapter 74: Copper & Similar Articles](https://busy.in/hsn/chapter-74/)
- [Sub-chapter 7404: Copper waste & scrap](https://busy.in/hsn/sub-chapter-7404/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Copper waste and scrap: Of copper : Copper scrap, namely the following : copper wire scrap covered by ISRI code words Barley, Berry and Birch; heavy copper scrap covered by ISRI code word Candy;unalloyed copper scrap covered by ISRI code word Cliff; copper wire nodules scrap covered by ISRI code words Clove, Cobra and Cocoa; light copper scrap covered by ISRI Code word Dream; muntz metal tubes covered by ISRI code word 'Palms'; Miscellaneous copper-containing skimming, grindings, ashes, irony brass and copper, residues and slags covered by ISRI code word 'Drove' Copper wire scrap with various types of insultation covered by ISRI code word 'Druid' | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 74040012 ?

It includes Copper Waste and Scrap

### How should mixed supplies be billed when Copper wire scrap (ISRI codes) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Copper wire scrap (ISRI codes); Nil for exempt items if applicable).

### Do e‑way bill and e‑invoice apply for Copper wire scrap (ISRI codes)?

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 wire scrap (ISRI codes)?

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

### Any common misclassification issue with Copper wire scrap (ISRI codes)?

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 wire scrap (ISRI codes)?

Under HSN 74040012, Copper wire scrap (ISRI codes) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Copper wire scrap (ISRI codes)?

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.

## India's trade performance: HSN Code 74040012 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹731 Cr (+36.48% YoY) — 0.0199% of India's total exports
- Imports: ₹12,238 Cr (+39.62% YoY) — 0.2014% of India's total imports
- Trade balance: −₹11,507 Cr (Deficit); surplus rank #12612 of 12657 HSN codes
- Share of Sub-Chapter 7404: 55.94% of its exports; import side 60.97%
- Rank within Sub-Chapter 7404: #1 of 9 by export value; import-side #1

### Key metrics

- Export CAGR: 31.11% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #699 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +240.13% in FY 2021-22
- Contribution to Sub-Ch. 7404: 55.94% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 74040012

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

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7404 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7404 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 143.98 | 0.0063% | — | 57.94% | 2,434.96 | 0.0679% | — | 37.12% | −2,290.98 | #1632 |
| FY 2019-20 | 214.50 | 0.0097% | +48.98% | 69.43% | 2,907.05 | 0.0868% | +19.39% | 42.48% | −2,692.55 | #1256 |
| FY 2020-21 | 195.15 | 0.0091% | −9.02% | 55.93% | 2,795.51 | 0.0959% | −3.84% | 40.66% | −2,600.36 | #1390 |
| FY 2021-22 | 663.77 | 0.0212% | +240.13% | 71.26% | 5,207.98 | 0.1139% | +86.30% | 44.01% | −4,544.21 | #665 |
| FY 2022-23 | 692.61 | 0.0191% | +4.34% | 76.12% | 6,431.97 | 0.1119% | +23.50% | 48.63% | −5,739.36 | #697 |
| FY 2023-24 | 535.74 | 0.0148% | −22.65% | 55.51% | 8,765.55 | 0.1561% | +36.28% | 63.23% | −8,229.81 | #904 |
| FY 2024-25 | 731.19 | 0.0199% | +36.48% | 55.94% | 12,238.06 | 0.2014% | +39.62% | 60.97% | −11,506.87 | #699 |

- CAGR (7-year): exports 31.11%/yr, imports 30.88%/yr (consistently Deficit)

## Key trade insights: HSN Code 74040012 export-import analysis

### Consistent export growth: 31.11% CAGR over 7 years

India's exports under HSN Code 74040012 have grown at a compound annual rate of 31.11% over 7 fiscal years, rising from ₹143.98 Crore in FY 2018-19 to ₹731.19 Crore in FY 2024-25.

### HSN Code 74040012 ranked #699 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 74040012 ranks #699 out of 12657 HSN codes by total export value. Within Sub-Chapter 7404, it ranks #1 of 9. By trade surplus, it ranks #12612 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 74040012 exports

The strongest single-year export movement for HSN Code 74040012 was recorded in FY 2021-22, when exports surged by 240.13% over the prior year.

### India records a trade deficit of ₹11,506.87 Crore in HSN Code 74040012 goods

In FY 2024-25, India's imports of ₹12,238.06 Cr exceeded exports of ₹731.19 Cr, resulting in a trade deficit of ₹11,506.87 Crore — ranking #12612 of 12657 by surplus magnitude.

### Import growth of 30.88% CAGR signals rising demand for Copper wire scrap (ISRI codes)

India's imports under HSN Code 74040012 have grown at 30.88% CAGR, reaching ₹12,238.06 Crore in FY 2024-25.

### HSN Code 74040012 contributes 55.94% of Sub-Chapter 7404 exports — ranked #1

Among the 9 HSN codes under Sub-Chapter 7404, HSN Code 74040012 ranks #1 by export value — accounting for 55.94% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 60.97% share (rank #1).

## Related HSN Codes in Sub-Chapter 7404

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 74040012: Copper wire scrap (ISRI codes) (this hsn code) | ₹731 Cr |
| #2 | [HSN Code 74040019: Other Copper Scrap](https://busy.in/hsn/hsn-74040019/) | ₹375 Cr |
| #3 | [HSN Code 74040022: Copper Waste and Scrap](https://busy.in/hsn/hsn-74040022/) | ₹174 Cr |
| #4 | [HSN Code 74040025: Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy)](https://busy.in/hsn/hsn-74040025/) | ₹15 Cr |
| #5 | [HSN Code 74040029: Other Copper Alloy Scrap](https://busy.in/hsn/hsn-74040029/) | ₹11 Cr |
| #6 | [HSN Code 74040011: Empty/Discharged Copper Cartridges](https://busy.in/hsn/hsn-74040011/) | < ₹1 Crore |
| — | [HSN Code 74040021: Empty/Discharged Cartridges (Copper Alloys)](https://busy.in/hsn/hsn-74040021/) | Nil |
| — | [HSN Code 74040023: Mixed New Nickel Silver Clippings Scrap](https://busy.in/hsn/hsn-74040023/) | Nil |
| — | [HSN Code 74040024: High Lead/Manganese Bronze Scrap](https://busy.in/hsn/hsn-74040024/) | Nil |