HSN Code 74040024 represents High Lead/Manganese Bronze Scrap under GST classification. This code helps businesses identify High Lead/Manganese Bronze Scrap correctly for billing, taxation, and trade. With HSN Code 74040024, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of High Lead/Manganese Bronze Scrap.
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HSN Code 74040024 relates to the following description.
Description of Goods
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’
CGST
9%
SGST
9%
IGST
18%
CESS
0%
High Lead/Manganese Bronze 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 : Other
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 : 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 : Other
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 : 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 Exports
FY 2024-25Nil
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹1 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−₹1 Cr
Surplus rank #7926 of 12657 HSN codes
% of Sub-Chapter 7404
FY 2024-250.00%
Share of Sub-Chapter 7404’s total exports in FY 2024-25
Import side: 0.01% of Sub-Chapter 7404’s imports
At a glance
+38.57%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.00%
Contribution to Sub-Ch. 7404
Share of Sub-Chapter 7404 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7404
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7404
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7404
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7404
Balance
−1.20
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7404
Imports
1.21 ₹ Cr
0.0000% share
— YoY
0.02% of Sub-Ch. 7404
Balance
−0.87
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7404
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−28.10% YoY
0.01% of Sub-Ch. 7404
Balance
−0.21
Exports
2.93 ₹ Cr
0.0001% share
— YoY
0.32% of Sub-Ch. 7404
Imports
3.14 ₹ Cr
0.0001% share
+260.92% YoY
0.02% of Sub-Ch. 7404
Balance
+3.04
Exports
4.06 ₹ Cr
0.0001% share
+38.57% YoY
0.42% of Sub-Ch. 7404
Imports
1.02 ₹ Cr
0.0000% share
−67.52% YoY
0.01% of Sub-Ch. 7404
Balance
−1.04
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7404
Imports
1.04 ₹ Cr
0.0000% share
+1.96% YoY
0.01% of Sub-Ch. 7404
reference, FY 2024-25
Export
₹1,307.15 Cr
Import
₹20,070.77 Cr
Trade Balance
−18,763.62
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.
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.
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.
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 74040024 and GST compliance.
It includes Master Alloys Of Copper
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 74040024, High Lead/Manganese Bronze Scrap attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.
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).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.