--- title: "HSN Code for High Lead/Manganese Bronze Scrap | HSN 74040024 GST Rate" description: "Find HSN and GST Rates for 74040024 related to High Lead/Manganese Bronze Scrap with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-74040024/" --- # HSN Code 74040024: High Lead/Manganese Bronze Scrap - [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 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’ | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 74040024 ? It includes Master Alloys Of Copper ### Any common misclassification issue with High Lead/Manganese Bronze Scrap? 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 High Lead/Manganese Bronze Scrap? Under HSN 74040024, High Lead/Manganese Bronze Scrap attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for High Lead/Manganese Bronze 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. ### Does packaging or labelling change the GST for High Lead/Manganese Bronze 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. ### How should mixed supplies be billed when High Lead/Manganese Bronze Scrap is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for High Lead/Manganese Bronze Scrap; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade High Lead/Manganese Bronze Scrap? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 74040024 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil (−100.00% YoY) — 0.0000% of India's total exports - Imports: ₹1 Cr (+1.96% YoY) — 0.0000% of India's total imports - Trade balance: −₹1 Cr (Deficit); surplus rank #7926 of 12657 HSN codes - Share of Sub-Chapter 7404: 0.00% of its exports; import side 0.01% ### Key metrics - Peak growth year: +38.57% in FY 2023-24 - Contribution to Sub-Ch. 7404: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 74040024 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 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.00% | 1.21 | 0.0000% | — | 0.02% | −1.20 | #9985 | | FY 2021-22 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | −28.10% | 0.01% | −0.87 | — | | FY 2022-23 | 2.93 | 0.0001% | — | 0.32% | 3.14 | 0.0001% | +260.92% | 0.02% | −0.21 | #7027 | | FY 2023-24 | 4.06 | 0.0001% | +38.57% | 0.42% | 1.02 | 0.0000% | −67.52% | 0.01% | +3.04 | #6821 | | FY 2024-25 | Nil | 0.0000% | −100.00% | 0.00% | 1.04 | 0.0000% | +1.96% | 0.01% | −1.04 | — | ## Key trade insights: HSN Code 74040024 export-import analysis ### Export snapshot for HSN Code 74040024 India exported ₹0.00 Crore worth of High Lead/Manganese Bronze Scrap in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### FY 2023-24 was the strongest growth year for HSN Code 74040024 exports The strongest single-year export movement for HSN Code 74040024 was recorded in FY 2023-24, when exports surged by 38.57% over the prior year. ### India records a trade deficit of ₹1.04 Crore in HSN Code 74040024 goods In FY 2024-25, India's imports of ₹1.04 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹1.04 Crore — ranking #7926 of 12657 by surplus magnitude. ## 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)](https://busy.in/hsn/hsn-74040012/) | ₹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 (this hsn code) | Nil |