---
title: "HSN Code for Of refined copper : Other copper rods | HSN 74071020 GST Rate"
description: "Find HSN and GST Rates for 74071020 related to Of refined copper : Other copper rods with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-74071020/"
---

# HSN Code 74071020: Of refined copper : Other copper rods

- [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 7407: Copper bars, rods & profiles](https://busy.in/hsn/sub-chapter-7407/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Of refined copper : Other copper rods | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 74071020 ?

It includes Of refined copper : Profiles : Hollow profiles

### Any common misclassification issue with Of refined copper : Other 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.

### Can we claim ITC on inputs used to trade Of refined copper : Other copper rods?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### How should mixed supplies be billed when Of refined copper : Other copper rods is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of refined copper : Other copper rods; Nil for exempt items if applicable).

### Do e‑way bill and e‑invoice apply for Of refined copper : Other copper rods?

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.

### How much GST applies to Of refined copper : Other copper rods?

Under HSN 74071020, Of refined copper : Other copper rods attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 74071020 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹91 Cr (+45.71% YoY) — 0.0025% of India's total exports
- Imports: ₹78 Cr (−4.68% YoY) — 0.0013% of India's total imports
- Trade balance: ₹14 Cr (Surplus); surplus rank #3089 of 12657 HSN codes
- Share of Sub-Chapter 7407: 13.03% of its exports; import side 5.68%
- Rank within Sub-Chapter 7407: #2 of 17 by export value; import-side #7

### Key metrics

- Export CAGR: 6.66% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #2790 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +53.49% in FY 2021-22
- Contribution to Sub-Ch. 7407: 13.03% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 74071020

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. 7407 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7407 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 62.10 | 0.0027% | — | 25.48% | 335.22 | 0.0094% | — | 28.89% | −273.12 | #2577 |
| FY 2019-20 | 53.70 | 0.0024% | −13.53% | 25.18% | 179.75 | 0.0054% | −46.38% | 20.63% | −126.05 | #2779 |
| FY 2020-21 | 36.12 | 0.0017% | −32.74% | 20.59% | 87.07 | 0.0030% | −51.56% | 10.37% | −50.95 | #3404 |
| FY 2021-22 | 55.44 | 0.0018% | +53.49% | 16.81% | 112.02 | 0.0025% | +28.66% | 10.47% | −56.58 | #3221 |
| FY 2022-23 | 77.07 | 0.0021% | +39.02% | 17.09% | 103.25 | 0.0018% | −7.83% | 8.43% | −26.18 | #2892 |
| FY 2023-24 | 62.75 | 0.0017% | −18.58% | 15.08% | 81.38 | 0.0014% | −21.18% | 6.58% | −18.63 | #3218 |
| FY 2024-25 | 91.43 | 0.0025% | +45.71% | 13.03% | 77.57 | 0.0013% | −4.68% | 5.68% | +13.86 | #2790 |

- CAGR (7-year): exports 6.66%/yr, imports -21.65%/yr (consistently Surplus)

## Key trade insights: HSN Code 74071020 export-import analysis

### Consistent export growth: 6.66% CAGR over 7 years

India's exports under HSN Code 74071020 have grown at a compound annual rate of 6.66% over 7 fiscal years, rising from ₹62.10 Crore in FY 2018-19 to ₹91.43 Crore in FY 2024-25.

### HSN Code 74071020 ranked #2790 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 74071020 ranks #2790 out of 12657 HSN codes by total export value. Within Sub-Chapter 7407, it ranks #2 of 17. By trade surplus, it ranks #3089 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 74071020 exports

The strongest single-year export movement for HSN Code 74071020 was recorded in FY 2021-22, when exports surged by 53.49% over the prior year.

### India maintains a trade surplus of ₹13.86 Crore in HSN Code 74071020 goods

In FY 2024-25, India's exports of ₹91.43 Cr exceeded imports of ₹77.57 Cr, resulting in a trade surplus of ₹13.86 Crore — ranking #3089 of 12657 by surplus magnitude.

### Import growth of -21.65% CAGR signals stable import dependency for Of refined copper : Other copper rods

India's imports under HSN Code 74071020 have grown at -21.65% CAGR, reaching ₹77.57 Crore in FY 2024-25.

### HSN Code 74071020 contributes 13.03% of Sub-Chapter 7407 exports — ranked #2

Among the 17 HSN codes under Sub-Chapter 7407, HSN Code 74071020 ranks #2 by export value — accounting for 13.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.68% share (rank #7).

## Related HSN Codes in Sub-Chapter 7407

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 74071030: Copper bars (excluding hollow bars)](https://busy.in/hsn/hsn-74071030/) | ₹284 Cr |
| #2 | HSN Code 74071020: Of refined copper : Other copper rods (this hsn code) | ₹91 Cr |
| #3 | [HSN Code 74072110: Copper alloys: Copper-zinc alloys (brass) bars](https://busy.in/hsn/hsn-74072110/) | ₹91 Cr |
| #4 | [HSN Code 74072910: Copper alloys: Rods](https://busy.in/hsn/hsn-74072910/) | ₹83 Cr |
| #5 | [HSN Code 74071010: Electrolytic copper rods](https://busy.in/hsn/hsn-74071010/) | ₹59 Cr |
| #6 | [HSN Code 74072120: Copper alloys: Copper-zinc alloys (brass) rods](https://busy.in/hsn/hsn-74072120/) | ₹38 Cr |
| #7 | [HSN Code 74071090: Of Refined Copper \| Other](https://busy.in/hsn/hsn-74071090/) | ₹20 Cr |
| #8 | [HSN Code 74072990: Copper bars, rods and profiles: Of Copper Alloys \| Other](https://busy.in/hsn/hsn-74072990/) | ₹15 Cr |
| #9 | [HSN Code 74072190: Copper alloys: Copper-zinc base alloys (brass)](https://busy.in/hsn/hsn-74072190/) | ₹14 Cr |
| #10 | [HSN Code 74072130: Brass hollow bars](https://busy.in/hsn/hsn-74072130/) | ₹4 Cr |