HSN Code 74071051: Of refined copper : Profiles : Hollow profiles
HSN Code 74071051 represents Of refined copper : Profiles : Hollow profiles under GST classification. This code helps businesses identify Of refined copper : Profiles : Hollow profiles correctly for billing, taxation, and trade. With HSN Code 74071051, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of refined copper : Profiles : Hollow profiles.
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Description of Goods for HSN Code 74071051
HSN Code 74071051 relates to the following description.
What does HSN Code 74071051 not include?
Of refined copper : Profiles : Hollow profiles does not include products with the following descriptions.
Of refined copper : Electrolytic copper rods or black copper rods
Of refined copper : Other copper rods
Of refined copper : Copper bars (excluding hollow bars)
Of refined copper : Hollow bars of copper
Of refined copper : Profiles : Other
Of refined copper : Other
Of copper alloys : Of copper-zinc base alloys (brass) : Bars
Of copper alloys : Of copper-zinc base alloys (brass) : Rods
Of copper alloys : Of copper-zinc base alloys (brass) : Hollow bars
Of copper alloys : Of copper-zinc base alloys (brass) : Other
Copper bars, rods and profiles - of copper alloys : of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) : hollow bars
Copper bars, rods and profiles - of copper alloys : of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) : bars and rods
Of copper alloys : Other : Rods of bronze and similar alloys
Of copper alloys : Other : Profiles : Hollow
Of copper alloys : Other : Profiles : Other
Of copper alloys : Other : Other
Of refined copper : Electrolytic copper rods or black copper rods
Of refined copper : Other copper rods
Of refined copper : Copper bars (excluding hollow bars)
Of refined copper : Hollow bars of copper
Of refined copper : Profiles : Other
Of refined copper : Other
Of copper alloys : Of copper-zinc base alloys (brass) : Bars
Of copper alloys : Of copper-zinc base alloys (brass) : Rods
Of copper alloys : Of copper-zinc base alloys (brass) : Hollow bars
Of copper alloys : Of copper-zinc base alloys (brass) : Other
Copper bars, rods and profiles - of copper alloys : of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) : hollow bars
Copper bars, rods and profiles - of copper alloys : of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) : bars and rods
Of copper alloys : Other : Rods of bronze and similar alloys
Of copper alloys : Other : Profiles : Hollow
Of copper alloys : Other : Profiles : Other
Of copper alloys : Other : Other
India’s Trade Performance — HSN Code 74071051 in FY 2024-25
India’s Exports
FY 2024-25₹1 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹1 Cr
Surplus rank #4519 of 12657 HSN codes
% of Sub-Chapter 7407
FY 2024-250.14%
Share of Sub-Chapter 7407’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 7407’s imports
Rank Within Sub-Chapter 7407
FY 2024-25#11 of 17
Position by export value among HSN codes in Sub-Chapter 7407
At a glance
#8250
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+1,700.00%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.14%
Contribution to Sub-Ch. 7407
Share of Sub-Chapter 7407 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7407
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7407
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7407
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7407
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7407
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7407
Balance
+0.01
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7407
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7407
Balance
+0.12
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+1,700.00% YoY
0.04% of Sub-Ch. 7407
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7407
Balance
+0.55
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+205.56% YoY
0.13% of Sub-Ch. 7407
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 7407
Balance
+1.00
Exports
1.00 ₹ Cr
0.0000% share
+81.82% YoY
0.14% of Sub-Ch. 7407
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 7407
reference, FY 2024-25
Export
₹701.83 Cr
Import
₹1,365.41 Cr
Trade Balance
−663.58
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.
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Frequently Asked Questions
Clear answers to common queries about HSN Code 74071051 and GST compliance.
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.