HSN Code 74050000: Master Alloys Of Copper
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 or export of Master Alloys Of Copper.
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Description of Goods for HSN Code 74050000
HSN Code 74050000 relates to the following description.
India’s Trade Performance — HSN Code 74050000 in FY 2024-25
India’s Exports
FY 2024-25₹43 Cr
0.0012% of India’s total exports
India’s Imports
FY 2024-25₹41 Cr
0.0007% of India’s total imports
Trade Balance
FY 2024-25₹2 Cr
Surplus rank #4337 of 12657 HSN codes
% of Sub-Chapter 7405
FY 2024-25100.00%
Share of Sub-Chapter 7405’s total exports in FY 2024-25
Import side: 100.00% of Sub-Chapter 7405’s imports
Rank Within Sub-Chapter 7405
FY 2024-25#1 of 1
Position by export value among HSN codes in Sub-Chapter 7405
Import-side rank: #1 of 1
At a glance
2.63%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3833
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+236.61%
Peak Growth Year
FY 2021-22 · strongest single-year move
100.00%
Contribution to Sub-Ch. 7405
Share of Sub-Chapter 7405 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 74050000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+25.68
Exports
36.78 ₹ Cr
0.0016% share
— YoY
100.00% of Sub-Ch. 7405
Imports
11.10 ₹ Cr
0.0003% share
— YoY
100.00% of Sub-Ch. 7405
Balance
+27.88
Exports
39.49 ₹ Cr
0.0018% share
+7.37% YoY
100.00% of Sub-Ch. 7405
Imports
11.61 ₹ Cr
0.0003% share
+4.59% YoY
100.00% of Sub-Ch. 7405
Balance
+8.06
Exports
15.98 ₹ Cr
0.0007% share
−59.53% YoY
100.00% of Sub-Ch. 7405
Imports
7.92 ₹ Cr
0.0003% share
−31.78% YoY
100.00% of Sub-Ch. 7405
Balance
+32.33
Exports
53.79 ₹ Cr
0.0017% share
+236.61% YoY
100.00% of Sub-Ch. 7405
Imports
21.46 ₹ Cr
0.0005% share
+170.96% YoY
100.00% of Sub-Ch. 7405
Balance
+23.37
Exports
47.13 ₹ Cr
0.0013% share
−12.38% YoY
100.00% of Sub-Ch. 7405
Imports
23.76 ₹ Cr
0.0004% share
+10.72% YoY
100.00% of Sub-Ch. 7405
Balance
+12.01
Exports
34.58 ₹ Cr
0.0010% share
−26.63% YoY
100.00% of Sub-Ch. 7405
Imports
22.57 ₹ Cr
0.0004% share
−5.01% YoY
100.00% of Sub-Ch. 7405
Balance
+1.53
Exports
42.99 ₹ Cr
0.0012% share
+24.32% YoY
100.00% of Sub-Ch. 7405
Imports
41.46 ₹ Cr
0.0007% share
+83.70% YoY
100.00% of Sub-Ch. 7405
CAGR · 7-Year
Exports
2.63% /yr
Imports
24.56% /yr
Key Trade Insights: HSN Code 74050000 Export-Import Analysis
Consistent Export Growth: 2.63% CAGR Over 7 Years
India's exports under HSN Code 74050000 have grown at a compound annual rate of 2.63% over 7 fiscal years, rising from ₹36.78 Crore in FY 2018-19 to ₹42.99 Crore in FY 2024-25.
HSN Code 74050000 Ranked #3833 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 74050000 ranks #3833 out of 12657 HSN codes by total export value. Within Sub-Chapter 7405, it ranks #1 of 1. By trade surplus, it ranks #4337 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 74050000 Exports
The strongest single-year export movement for HSN Code 74050000 was recorded in FY 2021-22, when exports surged by 236.61% over the prior year.
India Maintains a Trade Surplus of ₹1.53 Crore in HSN Code 74050000 Goods
In FY 2024-25, India's exports of ₹42.99 Cr exceeded imports of ₹41.46 Cr, resulting in a trade surplus of ₹1.53 Crore — ranking #4337 of 12657 by surplus magnitude.
Import Growth of 24.56% CAGR Signals Rising Demand for Master Alloys Of Copper
India's imports under HSN Code 74050000 have grown at 24.56% CAGR, reaching ₹41.46 Crore in FY 2024-25.
HSN Code 74050000 Contributes 100.00% of Sub-Chapter 7405 Exports — Ranked #1
Among the 1 HSN codes under Sub-Chapter 7405, HSN Code 74050000 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 74050000 and GST compliance.
What products are classified under HSN 74050000 ?
It includes Electrolytic copper rods
Any common misclassification issue with 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.
How much GST applies to Master Alloys Of Copper?
Under HSN 74050000, Master Alloys Of Copper attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Master Alloys Of Copper?
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 Master Alloys Of Copper?
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.
Can we claim ITC on inputs used to trade Master Alloys Of Copper?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.