HSN Code 74071090: Of Refined Copper | Other

HSN Code 74071090 represents Of Refined Copper | Other under GST classification. This code helps businesses identify Of Refined Copper | Other correctly for billing, taxation, and trade. With HSN Code 74071090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Refined Copper | Other.

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Description of Goods for HSN Code 74071090

HSN Code 74071090 relates to the following description.

Description of Goods

Of refined copper : Other

Chapter

74 - Copper and articles thereof

Sub Chapter

7407 - Copper bars, rods and profiles

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 74071090 not include?

Of Refined Copper | Other does not include products with the following descriptions.

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

India’s Trade Performance — HSN Code 74071090 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹20 Cr

+80.72% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

₹109 Cr

−9.94% vs FY 2023-24

0.0018% of India’s total imports

Trade Balance

FY 2024-25

−₹89 Cr

Trade Deficit

Surplus rank #10707 of 12657 HSN codes

% of Sub-Chapter 7407

FY 2024-25

2.86%

Share of Sub-Chapter 7407’s total exports in FY 2024-25

Import side: 7.95% of Sub-Chapter 7407’s imports

Rank Within Sub-Chapter 7407

FY 2024-25

#7 of 17

Position by export value among HSN codes in Sub-Chapter 7407

Import-side rank: #6 of 17

At a glance

19.10%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#4869

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+82.40%

Peak Growth Year

FY 2021-22 · strongest single-year move

2.86%

Contribution to Sub-Ch. 7407

Share of Sub-Chapter 7407 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 74071090

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #5429

Balance

−115.44

Exports

7.03 ₹ Cr

0.0003% share

YoY

2.88% of Sub-Ch. 7407

Imports

122.47 ₹ Cr

0.0034% share

YoY

10.55% of Sub-Ch. 7407

FY 2019-20 Exp. Rank #5105

Balance

−73.32

Exports

9.31 ₹ Cr

0.0004% share

+32.43% YoY

4.37% of Sub-Ch. 7407

Imports

82.63 ₹ Cr

0.0025% share

−32.53% YoY

9.48% of Sub-Ch. 7407

FY 2020-21 Exp. Rank #5862

Balance

−71.76

Exports

5.34 ₹ Cr

0.0002% share

−42.64% YoY

3.04% of Sub-Ch. 7407

Imports

77.10 ₹ Cr

0.0026% share

−6.69% YoY

9.18% of Sub-Ch. 7407

FY 2021-22 Exp. Rank #5510

Balance

−166.74

Exports

9.74 ₹ Cr

0.0003% share

+82.40% YoY

2.95% of Sub-Ch. 7407

Imports

176.48 ₹ Cr

0.0039% share

+128.90% YoY

16.49% of Sub-Ch. 7407

FY 2022-23 Exp. Rank #5438

Balance

−122.54

Exports

11.45 ₹ Cr

0.0003% share

+17.56% YoY

2.54% of Sub-Ch. 7407

Imports

133.99 ₹ Cr

0.0023% share

−24.08% YoY

10.94% of Sub-Ch. 7407

FY 2023-24 Exp. Rank #5606

Balance

−109.48

Exports

11.10 ₹ Cr

0.0003% share

−3.06% YoY

2.67% of Sub-Ch. 7407

Imports

120.58 ₹ Cr

0.0021% share

−10.01% YoY

9.75% of Sub-Ch. 7407

FY 2024-25 Exp. Rank #4869

Balance

−88.54

Exports

20.06 ₹ Cr

0.0005% share

+80.72% YoY

2.86% of Sub-Ch. 7407

Imports

108.60 ₹ Cr

0.0018% share

−9.94% YoY

7.95% of Sub-Ch. 7407

CAGR · 7-Year

Exports

19.10% /yr

Imports

−1.98% /yr

Consistently Deficit
Sub-Chapter 7407 total

reference, FY 2024-25

Export

₹701.83 Cr

Import

₹1,365.41 Cr

Trade Balance

−663.58

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 74071090 Export-Import Analysis

Consistent Export Growth: 19.10% CAGR Over 7 Years

India's exports under HSN Code 74071090 have grown at a compound annual rate of 19.10% over 7 fiscal years, rising from ₹7.03 Crore in FY 2018-19 to ₹20.06 Crore in FY 2024-25.

HSN Code 74071090 Ranked #4869 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 74071090 ranks #4869 out of 12657 HSN codes by total export value. Within Sub-Chapter 7407, it ranks #7 of 17. By trade surplus, it ranks #10707 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 74071090 Exports

The strongest single-year export movement for HSN Code 74071090 was recorded in FY 2021-22, when exports surged by 82.40% over the prior year.

India Records a Trade Deficit of ₹88.54 Crore in HSN Code 74071090 Goods

In FY 2024-25, India's imports of ₹108.60 Cr exceeded exports of ₹20.06 Cr, resulting in a trade deficit of ₹88.54 Crore — ranking #10707 of 12657 by surplus magnitude.

Import Growth of −1.98% CAGR Signals Stable Import Dependency for Of Refined Copper | Other

India's imports under HSN Code 74071090 have grown at −1.98% CAGR, reaching ₹108.60 Crore in FY 2024-25.

HSN Code 74071090 Contributes 2.86% of Sub-Chapter 7407 Exports — Ranked #7

Among the 17 HSN codes under Sub-Chapter 7407, HSN Code 74071090 ranks #7 by export value — accounting for 2.86% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.95% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 74071090 and GST compliance.

What products are classified under HSN 74071090 ?

It includes Brass hollow bars

Does packaging or labelling change the GST for Of Refined Copper / 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.

How should mixed supplies be billed when Of Refined Copper / 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 / Other; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Of Refined Copper / 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 / 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 much GST applies to Of Refined Copper / Other?

Under HSN 74071090, Of Refined Copper / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.