---
title: "HSN Code for Copper bars (excluding hollow bars) | HSN 74071030 GST Rate"
description: "Find HSN and GST Rates for 74071030 related to Copper bars (excluding hollow bars) with BUSY Accounting - The reliable source for HSN and GST details in India."
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# HSN Code 74071030: Copper bars (excluding hollow bars)

- [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 : Copper bars (excluding hollow bars) | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 74071030 ?

It includes Of refined copper : Profiles : Other

### Does packaging or labelling change the GST for Copper bars (excluding hollow bars)?

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 Copper bars (excluding hollow bars)?

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

### Do e‑way bill and e‑invoice apply for Copper bars (excluding hollow bars)?

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 Copper bars (excluding hollow bars)?

Under HSN 74071030, Copper bars (excluding hollow bars) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Copper bars (excluding hollow bars)?

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

## India's trade performance: HSN Code 74071030 (FY 2024-25)

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

- Exports: ₹284 Cr (+262.96% YoY) — 0.0077% of India's total exports
- Imports: ₹74 Cr (−1.78% YoY) — 0.0012% of India's total imports
- Trade balance: ₹210 Cr (Surplus); surplus rank #1119 of 12657 HSN codes
- Share of Sub-Chapter 7407: 40.47% of its exports; import side 5.41%
- Rank within Sub-Chapter 7407: #1 of 17 by export value; import-side #8

### Key metrics

- Export CAGR: 48.59% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1494 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +262.96% in FY 2024-25
- Contribution to Sub-Ch. 7407: 40.47% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 74071030

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 | 26.39 | 0.0012% | — | 10.83% | 209.91 | 0.0059% | — | 18.09% | −183.52 | #3738 |
| FY 2019-20 | 28.41 | 0.0013% | +7.65% | 13.32% | 213.78 | 0.0064% | +1.84% | 24.54% | −185.37 | #3662 |
| FY 2020-21 | 24.04 | 0.0011% | −15.38% | 13.71% | 222.35 | 0.0076% | +4.01% | 26.48% | −198.31 | #3953 |
| FY 2021-22 | 35.25 | 0.0011% | +46.63% | 10.69% | 182.74 | 0.0040% | −17.81% | 17.08% | −147.49 | #3844 |
| FY 2022-23 | 83.22 | 0.0023% | +136.09% | 18.46% | 114.25 | 0.0020% | −37.48% | 9.33% | −31.03 | #2794 |
| FY 2023-24 | 78.25 | 0.0022% | −5.97% | 18.80% | 75.26 | 0.0013% | −34.13% | 6.09% | +2.99 | #2900 |
| FY 2024-25 | 284.02 | 0.0077% | +262.96% | 40.47% | 73.92 | 0.0012% | −1.78% | 5.41% | +210.10 | #1494 |

- CAGR (7-year): exports 48.59%/yr, imports -15.97%/yr (consistently Surplus)

## Key trade insights: HSN Code 74071030 export-import analysis

### Consistent export growth: 48.59% CAGR over 7 years

India's exports under HSN Code 74071030 have grown at a compound annual rate of 48.59% over 7 fiscal years, rising from ₹26.39 Crore in FY 2018-19 to ₹284.02 Crore in FY 2024-25.

### HSN Code 74071030 ranked #1494 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 74071030 ranks #1494 out of 12657 HSN codes by total export value. Within Sub-Chapter 7407, it ranks #1 of 17. By trade surplus, it ranks #1119 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 74071030 exports

The strongest single-year export movement for HSN Code 74071030 was recorded in FY 2024-25, when exports surged by 262.96% over the prior year.

### India maintains a trade surplus of ₹210.10 Crore in HSN Code 74071030 goods

In FY 2024-25, India's exports of ₹284.02 Cr exceeded imports of ₹73.92 Cr, resulting in a trade surplus of ₹210.10 Crore — ranking #1119 of 12657 by surplus magnitude.

### Import growth of -15.97% CAGR signals stable import dependency for Copper bars (excluding hollow bars)

India's imports under HSN Code 74071030 have grown at -15.97% CAGR, reaching ₹73.92 Crore in FY 2024-25.

### HSN Code 74071030 contributes 40.47% of Sub-Chapter 7407 exports — ranked #1

Among the 17 HSN codes under Sub-Chapter 7407, HSN Code 74071030 ranks #1 by export value — accounting for 40.47% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.41% share (rank #8).

## 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) (this hsn code) | ₹284 Cr |
| #2 | [HSN Code 74071020: Of refined copper : Other copper rods](https://busy.in/hsn/hsn-74071020/) | ₹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 |