HSN Code 74071059: Of refined copper : Profiles : Other
HSN Code 74071059 represents Of refined copper : Profiles : Other under GST classification. This code helps businesses identify Of refined copper : Profiles : Other correctly for billing, taxation, and trade. With HSN Code 74071059, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of refined copper : Profiles : Other.
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Description of Goods for HSN Code 74071059
HSN Code 74071059 relates to the following description.
What does HSN Code 74071059 not include?
Of refined copper : Profiles : Other 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 : Hollow profiles
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 : Hollow profiles
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 74071059 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹137 Cr
0.0023% of India’s total imports
Trade Balance
FY 2024-25−₹136 Cr
Surplus rank #11032 of 12657 HSN codes
% of Sub-Chapter 7407
FY 2024-250.11%
Share of Sub-Chapter 7407’s total exports in FY 2024-25
Import side: 10.05% of Sub-Chapter 7407’s imports
Rank Within Sub-Chapter 7407
FY 2024-25#13 of 17
Position by export value among HSN codes in Sub-Chapter 7407
Import-side rank: #5 of 17
At a glance
−1.42%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8455
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+131.85%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.11%
Contribution to Sub-Ch. 7407
Share of Sub-Chapter 7407 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 74071059
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−30.81
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.35% of Sub-Ch. 7407
Imports
31.66 ₹ Cr
0.0009% share
— YoY
2.73% of Sub-Ch. 7407
Balance
−31.43
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−27.06% YoY
0.29% of Sub-Ch. 7407
Imports
32.05 ₹ Cr
0.0010% share
+1.23% YoY
3.68% of Sub-Ch. 7407
Balance
−22.04
Exports
1.30 ₹ Cr
0.0001% share
+109.68% YoY
0.74% of Sub-Ch. 7407
Imports
23.34 ₹ Cr
0.0008% share
−27.18% YoY
2.78% of Sub-Ch. 7407
Balance
−85.42
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−32.31% YoY
0.27% of Sub-Ch. 7407
Imports
86.30 ₹ Cr
0.0019% share
+269.75% YoY
8.06% of Sub-Ch. 7407
Balance
−114.42
Exports
1.35 ₹ Cr
0.0000% share
+53.41% YoY
0.30% of Sub-Ch. 7407
Imports
115.77 ₹ Cr
0.0020% share
+34.15% YoY
9.45% of Sub-Ch. 7407
Balance
−75.87
Exports
3.13 ₹ Cr
0.0001% share
+131.85% YoY
0.75% of Sub-Ch. 7407
Imports
79.00 ₹ Cr
0.0014% share
−31.76% YoY
6.39% of Sub-Ch. 7407
Balance
−136.39
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−75.08% YoY
0.11% of Sub-Ch. 7407
Imports
137.17 ₹ Cr
0.0023% share
+73.63% YoY
10.05% of Sub-Ch. 7407
CAGR · 7-Year
Exports
−1.42% /yr
Imports
27.68% /yr
reference, FY 2024-25
Export
₹701.83 Cr
Import
₹1,365.41 Cr
Trade Balance
−663.58
Key Trade Insights: HSN Code 74071059 Export-Import Analysis
Export Decline: −1.42% CAGR Over 7 Years
India's exports under HSN Code 74071059 have declined at a compound annual rate of −1.42% over 7 fiscal years, falling from ₹0.85 Crore in FY 2018-19 to ₹0.78 Crore in FY 2024-25.
HSN Code 74071059 Ranked #8455 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 74071059 ranks #8455 out of 12657 HSN codes by total export value. Within Sub-Chapter 7407, it ranks #13 of 17. By trade surplus, it ranks #11032 of 12657.
FY 2023-24 Was the Strongest Growth Year for HSN Code 74071059 Exports
The strongest single-year export movement for HSN Code 74071059 was recorded in FY 2023-24, when exports surged by 131.85% over the prior year.
India Records a Trade Deficit of ₹136.39 Crore in HSN Code 74071059 Goods
In FY 2024-25, India's imports of ₹137.17 Cr exceeded exports of ₹0.78 Cr, resulting in a trade deficit of ₹136.39 Crore — ranking #11032 of 12657 by surplus magnitude.
Import Growth of 27.68% CAGR Signals Rising Demand for Of refined copper : Profiles : Other
India's imports under HSN Code 74071059 have grown at 27.68% CAGR, reaching ₹137.17 Crore in FY 2024-25.
HSN Code 74071059 Contributes 0.11% of Sub-Chapter 7407 Exports — Ranked #13
Among the 17 HSN codes under Sub-Chapter 7407, HSN Code 74071059 ranks #13 by export value — accounting for 0.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 10.05% share (rank #5).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 74071059 and GST compliance.
What products are classified under HSN 74071059 ?
It includes Copper alloys: Copper-zinc alloys (brass) rods
Do e‑way bill and e‑invoice apply for Of refined copper : Profiles : Other?
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.
Can we claim ITC on inputs used to trade Of refined copper : Profiles : Other?
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 : Profiles : Other 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 : Other; Nil for exempt items if applicable).
How much GST applies to Of refined copper : Profiles : Other?
Under HSN 74071059, Of refined copper : Profiles : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Does packaging or labelling change the GST for Of refined copper : Profiles : Other?
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.