What products are classified under HSN 74050000 ?
It includes Electrolytic copper rods
HSN Code 74050000 represents Master Alloys Of Copper under GST classification. This code helps businesses identify Master Alloys Of Copper correctly for billing, taxation, and trade. With HSN Code 74050000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Master Alloys Of Copper.
HSN Code 74050000 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 74 | Copper and articles thereof | 7405 | Master alloys of copper | Master alloys of copper | 9% | 9% | 18% | 0% |
| 74 | Copper and articles thereof | 7405 | Master alloys of copper | Master alloys of copper | 9% | 9% | 18% | 0% |
Master Alloys Of Copper does not include products with the following descriptions:
| HSN Code | Description |
|---|
It includes Electrolytic copper rods
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 74050000, Master Alloys Of Copper 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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.