HSN Code 74040025: Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy)

HSN Code 74040025 represents Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy) under GST classification. This code helps businesses identify Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy) correctly for billing, taxation, and trade. With HSN Code 74040025, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy).

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Description of Goods for HSN Code 74040025

HSN Code 74040025 relates to the following description.

Description of Goods

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’;

Chapter

74 - Copper and articles thereof

Sub Chapter

7404 - Copper waste and scrap

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 74040025 not include?

Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy) 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’

India’s Trade Performance — HSN Code 74040025 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

₹15 Cr

−1.04% vs FY 2023-24

0.0004% of India’s total exports

India’s Imports

FY 2024-25

₹372 Cr

+115.08% vs FY 2023-24

0.0061% of India’s total imports

Trade Balance

FY 2024-25

−₹357 Cr

Trade Deficit

Surplus rank #11688 of 12657 HSN codes

% of Sub-Chapter 7404

FY 2024-25

1.16%

Share of Sub-Chapter 7404’s total exports in FY 2024-25

Import side: 1.86% of Sub-Chapter 7404’s imports

Rank Within Sub-Chapter 7404

FY 2024-25

#4 of 9

Position by export value among HSN codes in Sub-Chapter 7404

Import-side rank: #3 of 9

At a glance

#5231

National Export Rank

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

+193.51%

Peak Growth Year

FY 2023-24 · strongest single-year move

1.16%

Contribution to Sub-Ch. 7404

Share of Sub-Chapter 7404 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 74040025

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

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

FY 2019-20

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

FY 2020-21 Exp. Rank #7024

Balance

−46.68

Exports

1.95 ₹ Cr

0.0001% share

YoY

0.56% of Sub-Ch. 7404

Imports

48.63 ₹ Cr

0.0017% share

YoY

0.71% of Sub-Ch. 7404

FY 2021-22 Exp. Rank #6372

Balance

−89.72

Exports

4.91 ₹ Cr

0.0002% share

+151.79% YoY

0.53% of Sub-Ch. 7404

Imports

94.63 ₹ Cr

0.0021% share

+94.59% YoY

0.80% of Sub-Ch. 7404

FY 2022-23 Exp. Rank #6409

Balance

−132.22

Exports

5.24 ₹ Cr

0.0001% share

+6.72% YoY

0.58% of Sub-Ch. 7404

Imports

137.46 ₹ Cr

0.0024% share

+45.26% YoY

1.04% of Sub-Ch. 7404

FY 2023-24 Exp. Rank #5131

Balance

−157.76

Exports

15.38 ₹ Cr

0.0004% share

+193.51% YoY

1.59% of Sub-Ch. 7404

Imports

173.14 ₹ Cr

0.0031% share

+25.96% YoY

1.25% of Sub-Ch. 7404

FY 2024-25 Exp. Rank #5231

Balance

−357.17

Exports

15.22 ₹ Cr

0.0004% share

−1.04% YoY

1.16% of Sub-Ch. 7404

Imports

372.39 ₹ Cr

0.0061% share

+115.08% YoY

1.86% of Sub-Ch. 7404

Sub-Chapter 7404 total

reference, FY 2024-25

Export

₹1,307.15 Cr

Import

₹20,070.77 Cr

Trade Balance

−18,763.62

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 74040025 Export-Import Analysis

Export Snapshot for HSN Code 74040025

India exported ₹15.22 Crore worth of Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 74040025 Ranked #5231 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 74040025 ranks #5231 out of 12657 HSN codes by total export value. Within Sub-Chapter 7404, it ranks #4 of 9. By trade surplus, it ranks #11688 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 74040025 Exports

The strongest single-year export movement for HSN Code 74040025 was recorded in FY 2023-24, when exports surged by 193.51% over the prior year.

India Records a Trade Deficit of ₹357.17 Crore in HSN Code 74040025 Goods

In FY 2024-25, India's imports of ₹372.39 Cr exceeded exports of ₹15.22 Cr, resulting in a trade deficit of ₹357.17 Crore — ranking #11688 of 12657 by surplus magnitude.

HSN Code 74040025 Contributes 1.16% of Sub-Chapter 7404 Exports — Ranked #4

Among the 9 HSN codes under Sub-Chapter 7404, HSN Code 74040025 ranks #4 by export value — accounting for 1.16% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.86% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 74040025 and GST compliance.

What products are classified under HSN 74040025 ?

It includes Powders of non-lamellar structure

Can we claim ITC on inputs used to trade Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy)?

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 Nickel Scrap (Dandy, Daunt, Delta, Decoy)?

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

How should mixed supplies be billed when Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy); Nil for exempt items if applicable).

How much GST applies to Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy)?

Under HSN 74040025, Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy)?

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.

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.