HSN Code 74040019: Other Copper Scrap
HSN Code 74040019 represents Other Copper Scrap under GST classification. This code helps businesses identify Other Copper Scrap correctly for billing, taxation, and trade. With HSN Code 74040019, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Copper Scrap.
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Description of Goods for HSN Code 74040019
HSN Code 74040019 relates to the following description.
What does HSN Code 74040019 not include?
Other Copper Scrap does not include products with the following descriptions.
Copper waste and scrap: Of copper : Empty or discharged cartridges of all bores and sizes
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'
Copper waste and scrap: Of copper alloys : Empty or discharged cartridges of all bores and sizes
Copper waste and scrap: Of copper alloys : Brass scrap, namely the following : refinery brass scrap covered by ISRI code word Drink; composition of red brass scrap covered by ISRI code word Ebony; red brass composition turnings scrap covered by ISRI code word Enerv; genuine babbit-lined brass bushings scrap covered by ISRI code word Elder; machinery or hard brass solids scrap covered by ISRI code word Engel; machinery or hand brass solids scrap covered by ISRI code word Erin; cocks and faucets scrap covered by ISRI code word Grape; yellow brass scrap covered by ISRI code word Honey; yellow brass castings covered by ISRI code word Ivory; new brass clippings covered by ISRI code word Label; yellow brass primer covered by ISRI code word Lark; brass pipe covered by ISRI code word Melon; yellow brass rod turnings covered by ISRI code word Night;new yellow brass rod ends covered by ISRI code word Noble; yellow brass turnings covered by ISRI code word Nomad; mixed unsweated auto radiators covered by ISRI code word Ocean; a dmiralty brass condenser tubes covered by ISRI code word Pales; aluminium brass condenser tubes covered by ISRI code word Pallu; manganese bronze solids covered ISRI code word 'Parch''; High Grade – Low Lead Bronze/Brass Solids covered by ISRI cover word Éland''; High lead bronze solids and borings covered by ISRI code word 'Élias''; Clean fired 70/30 brass shell cases free of primers and any other foreign material covered by ISRI code word 'Lace''; Clean fired 70/30 brass shell cases containing the brass primers and containing no ther foreign material covered by ISRI code word 'Lady''; Clean fired 70/30 brass shells free of bullets, iron and any other foreign material covered by ISRI word ''Lake'; Clean muffled (popped)70/30 brass shells free of bullets, iron and any other foreign material covered by ISRI code word 'Lamb'
Copper waste and scrap: Of copper alloys : Nickel silver scrap namely the following: mixed new nickel silver clippings covered by ISRI code word ‘Maize’; new nickel silver clippings covered by ISRI code word ‘Major’; new segregated nickel silver clippings covered by ISRI code word ‘Malar’; old nickel silver clippings covered by ISRI code word ‘Malic’; nickel silver castings covered by ISRI code word ‘Naggy’; nickel silver turnings covered by ISRI code word ‘Niece’
Copper waste and scrap: Of copper alloys : Bronze scrap, including the following:manganese bronze solids covered ISRI code word ‘Parch’; High lead bronze solids and borings covered by ISRI code word ‘Elias’
Copper waste and scrap: Of copper alloys : Copper nickel scrap, including the following: new cupro nickel clips and solids covered by ISRI code word ‘Dandy’; cupro nickel solids covered by ISRI code word ‘Daunt’; soldered cupro-nickel solids covered by ISRI code word ‘Delta’; cupro nickel spinnings, turnings, borings covered by ISRI code word ‘Decoy’;
Copper waste and scrap: Of copper alloys : Other
Copper waste and scrap: Of copper : Empty or discharged cartridges of all bores and sizes
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'
Copper waste and scrap: Of copper alloys : Empty or discharged cartridges of all bores and sizes
Copper waste and scrap: Of copper alloys : Brass scrap, namely the following : refinery brass scrap covered by ISRI code word Drink; composition of red brass scrap covered by ISRI code word Ebony; red brass composition turnings scrap covered by ISRI code word Enerv; genuine babbit-lined brass bushings scrap covered by ISRI code word Elder; machinery or hard brass solids scrap covered by ISRI code word Engel; machinery or hand brass solids scrap covered by ISRI code word Erin; cocks and faucets scrap covered by ISRI code word Grape; yellow brass scrap covered by ISRI code word Honey; yellow brass castings covered by ISRI code word Ivory; new brass clippings covered by ISRI code word Label; yellow brass primer covered by ISRI code word Lark; brass pipe covered by ISRI code word Melon; yellow brass rod turnings covered by ISRI code word Night;new yellow brass rod ends covered by ISRI code word Noble; yellow brass turnings covered by ISRI code word Nomad; mixed unsweated auto radiators covered by ISRI code word Ocean; a dmiralty brass condenser tubes covered by ISRI code word Pales; aluminium brass condenser tubes covered by ISRI code word Pallu; manganese bronze solids covered ISRI code word 'Parch''; High Grade – Low Lead Bronze/Brass Solids covered by ISRI cover word Éland''; High lead bronze solids and borings covered by ISRI code word 'Élias''; Clean fired 70/30 brass shell cases free of primers and any other foreign material covered by ISRI code word 'Lace''; Clean fired 70/30 brass shell cases containing the brass primers and containing no ther foreign material covered by ISRI code word 'Lady''; Clean fired 70/30 brass shells free of bullets, iron and any other foreign material covered by ISRI word ''Lake'; Clean muffled (popped)70/30 brass shells free of bullets, iron and any other foreign material covered by ISRI code word 'Lamb'
Copper waste and scrap: Of copper alloys : Nickel silver scrap namely the following: mixed new nickel silver clippings covered by ISRI code word ‘Maize’; new nickel silver clippings covered by ISRI code word ‘Major’; new segregated nickel silver clippings covered by ISRI code word ‘Malar’; old nickel silver clippings covered by ISRI code word ‘Malic’; nickel silver castings covered by ISRI code word ‘Naggy’; nickel silver turnings covered by ISRI code word ‘Niece’
Copper waste and scrap: Of copper alloys : Bronze scrap, including the following:manganese bronze solids covered ISRI code word ‘Parch’; High lead bronze solids and borings covered by ISRI code word ‘Elias’
Copper waste and scrap: Of copper alloys : Copper nickel scrap, including the following: new cupro nickel clips and solids covered by ISRI code word ‘Dandy’; cupro nickel solids covered by ISRI code word ‘Daunt’; soldered cupro-nickel solids covered by ISRI code word ‘Delta’; cupro nickel spinnings, turnings, borings covered by ISRI code word ‘Decoy’;
Copper waste and scrap: Of copper alloys : Other
India’s Trade Performance — HSN Code 74040019 in FY 2024-25
India’s Exports
FY 2024-25₹375 Cr
0.0102% of India’s total exports
India’s Imports
FY 2024-25₹18 Cr
0.0003% of India’s total imports
Trade Balance
FY 2024-25₹357 Cr
Surplus rank #815 of 12657 HSN codes
% of Sub-Chapter 7404
FY 2024-2528.70%
Share of Sub-Chapter 7404’s total exports in FY 2024-25
Import side: 0.09% of Sub-Chapter 7404’s imports
Rank Within Sub-Chapter 7404
FY 2024-25#2 of 9
Position by export value among HSN codes in Sub-Chapter 7404
Import-side rank: #4 of 9
At a glance
43.88%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1242
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+149.89%
Peak Growth Year
FY 2023-24 · strongest single-year move
28.70%
Contribution to Sub-Ch. 7404
Share of Sub-Chapter 7404 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 74040019
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+40.61
Exports
42.28 ₹ Cr
0.0019% share
— YoY
17.01% of Sub-Ch. 7404
Imports
1.67 ₹ Cr
0.0000% share
— YoY
0.03% of Sub-Ch. 7404
Balance
+57.18
Exports
57.46 ₹ Cr
0.0026% share
+35.90% YoY
18.60% of Sub-Ch. 7404
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−83.23% YoY
0.00% of Sub-Ch. 7404
Balance
+99.93
Exports
100.67 ₹ Cr
0.0047% share
+75.20% YoY
28.85% of Sub-Ch. 7404
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+164.29% YoY
0.01% of Sub-Ch. 7404
Balance
+144.42
Exports
157.96 ₹ Cr
0.0050% share
+56.91% YoY
16.96% of Sub-Ch. 7404
Imports
13.54 ₹ Cr
0.0003% share
+1,729.73% YoY
0.11% of Sub-Ch. 7404
Balance
+59.21
Exports
89.20 ₹ Cr
0.0025% share
−43.53% YoY
9.80% of Sub-Ch. 7404
Imports
29.99 ₹ Cr
0.0005% share
+121.49% YoY
0.23% of Sub-Ch. 7404
Balance
+218.27
Exports
222.90 ₹ Cr
0.0062% share
+149.89% YoY
23.09% of Sub-Ch. 7404
Imports
4.63 ₹ Cr
0.0001% share
−84.56% YoY
0.03% of Sub-Ch. 7404
Balance
+357.32
Exports
375.11 ₹ Cr
0.0102% share
+68.29% YoY
28.70% of Sub-Ch. 7404
Imports
17.79 ₹ Cr
0.0003% share
+284.23% YoY
0.09% of Sub-Ch. 7404
CAGR · 7-Year
Exports
43.88% /yr
Imports
48.33% /yr
reference, FY 2024-25
Export
₹1,307.15 Cr
Import
₹20,070.77 Cr
Trade Balance
−18,763.62
Key Trade Insights: HSN Code 74040019 Export-Import Analysis
Consistent Export Growth: 43.88% CAGR Over 7 Years
India's exports under HSN Code 74040019 have grown at a compound annual rate of 43.88% over 7 fiscal years, rising from ₹42.28 Crore in FY 2018-19 to ₹375.11 Crore in FY 2024-25.
HSN Code 74040019 Ranked #1242 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 74040019 ranks #1242 out of 12657 HSN codes by total export value. Within Sub-Chapter 7404, it ranks #2 of 9. By trade surplus, it ranks #815 of 12657.
FY 2023-24 Was the Strongest Growth Year for HSN Code 74040019 Exports
The strongest single-year export movement for HSN Code 74040019 was recorded in FY 2023-24, when exports surged by 149.89% over the prior year.
India Maintains a Trade Surplus of ₹357.32 Crore in HSN Code 74040019 Goods
In FY 2024-25, India's exports of ₹375.11 Cr exceeded imports of ₹17.79 Cr, resulting in a trade surplus of ₹357.32 Crore — ranking #815 of 12657 by surplus magnitude.
Import Growth of 48.33% CAGR Signals Rising Demand for Other Copper Scrap
India's imports under HSN Code 74040019 have grown at 48.33% CAGR, reaching ₹17.79 Crore in FY 2024-25.
HSN Code 74040019 Contributes 28.70% of Sub-Chapter 7404 Exports — Ranked #2
Among the 9 HSN codes under Sub-Chapter 7404, HSN Code 74040019 ranks #2 by export value — accounting for 28.70% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #4).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 74040019 and GST compliance.
What products are classified under HSN 74040019 ?
It includes Mixed New Nickel Silver Clippings Scrap
Can we claim ITC on inputs used to trade Other Copper Scrap?
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 Other Copper Scrap?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Does packaging or labelling change the GST for Other Copper Scrap?
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.
Do e‑way bill and e‑invoice apply for Other Copper Scrap?
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.
How should mixed supplies be billed when Other Copper Scrap is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Copper Scrap; Nil for exempt items if applicable).