--- title: "HSN Code for Of refined copper : Profiles : Hollow profiles | HSN 74071051 GST Rate" description: "Find HSN and GST Rates for 74071051 related to Of refined copper : Profiles : Hollow profiles with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-74071051/" --- # HSN Code 74071051: Of refined copper : Profiles : Hollow profiles - [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 : Profiles : Hollow profiles | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 74071051 ? It includes Copper alloys: Copper-zinc alloys (brass) bars ### Can we claim ITC on inputs used to trade Of refined copper : Profiles : Hollow profiles? 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 Of refined copper : Profiles : Hollow profiles? 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 should mixed supplies be billed when Of refined copper : Profiles : Hollow profiles 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 : Profiles : Hollow profiles; Nil for exempt items if applicable). ### Any common misclassification issue with Of refined copper : Profiles : Hollow profiles? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Of refined copper : Profiles : Hollow profiles? 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. ### How much GST applies to Of refined copper : Profiles : Hollow profiles? Under HSN 74071051, Of refined copper : Profiles : Hollow profiles attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 74071051 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹1 Cr (+81.82% YoY) — 0.0000% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: ₹1 Cr (Surplus); surplus rank #4519 of 12657 HSN codes - Share of Sub-Chapter 7407: 0.14% of its exports; import side 0.00% - Rank within Sub-Chapter 7407: #11 of 17 by export value ### Key metrics - National export rank: #8250 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,700.00% in FY 2022-23 - Contribution to Sub-Ch. 7407: 0.14% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 74071051 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 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | +0.01 | #10198 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +1,700.00% | 0.04% | < ₹1 Crore | 0.0000% | — | 0.00% | +0.12 | #9358 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +205.56% | 0.13% | Nil | 0.0000% | −100.00% | 0.00% | +0.55 | #8723 | | FY 2024-25 | 1.00 | 0.0000% | +81.82% | 0.14% | Nil | 0.0000% | — | 0.00% | +1.00 | #8250 | ## Key trade insights: HSN Code 74071051 export-import analysis ### Export snapshot for HSN Code 74071051 India exported ₹1.00 Crore worth of Of refined copper : Profiles : Hollow profiles in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 74071051 ranked #8250 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 74071051 ranks #8250 out of 12657 HSN codes by total export value. Within Sub-Chapter 7407, it ranks #11 of 17. By trade surplus, it ranks #4519 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 74071051 exports The strongest single-year export movement for HSN Code 74071051 was recorded in FY 2022-23, when exports surged by 1,700.00% over the prior year. ### India maintains a trade surplus of ₹1.00 Crore in HSN Code 74071051 goods In FY 2024-25, India's exports of ₹1.00 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹1.00 Crore — ranking #4519 of 12657 by surplus magnitude. ### HSN Code 74071051 contributes 0.14% of Sub-Chapter 7407 exports — ranked #11 Among the 17 HSN codes under Sub-Chapter 7407, HSN Code 74071051 ranks #11 by export value — accounting for 0.14% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## 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](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 | | #11 | HSN Code 74071051: Of refined copper : Profiles : Hollow profiles (this hsn code) | ₹1 Cr |