HSN Code 74072120: Copper alloys: Copper-zinc alloys (brass) rods

HSN Code 74072120 represents Copper alloys: Copper-zinc alloys (brass) rods under GST classification. This code helps businesses identify Copper alloys: Copper-zinc alloys (brass) rods correctly for billing, taxation, and trade. With HSN Code 74072120, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Copper alloys: Copper-zinc alloys (brass) rods.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 74072120

HSN Code 74072120 relates to the following description.

Description of Goods

Of copper alloys : Of copper-zinc base alloys (brass) : Rods

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 74072120 not include?

Copper alloys: Copper-zinc alloys (brass) rods does not include products with the following descriptions.

HSN Code 74072210

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

HSN Code 74072220

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 74072120 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

₹38 Cr

+33.74% vs FY 2023-24

0.0010% of India’s total exports

India’s Imports

FY 2024-25

₹270 Cr

+23.18% vs FY 2023-24

0.0044% of India’s total imports

Trade Balance

FY 2024-25

−₹232 Cr

Trade Deficit

Surplus rank #11418 of 12657 HSN codes

% of Sub-Chapter 7407

FY 2024-25

5.35%

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

Import side: 19.78% of Sub-Chapter 7407’s imports

Rank Within Sub-Chapter 7407

FY 2024-25

#6 of 17

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

Import-side rank: #2 of 17

At a glance

17.80%

Export CAGR

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

#4000

National Export Rank

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

+74.53%

Peak Growth Year

FY 2023-24 · strongest single-year move

5.35%

Contribution to Sub-Ch. 7407

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

India Export-Import Trade Statistics for HSN Code 74072120

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 #4569

Balance

−191.62

Exports

14.06 ₹ Cr

0.0006% share

— YoY

5.77% of Sub-Ch. 7407

Imports

205.68 ₹ Cr

0.0057% share

— YoY

17.72% of Sub-Ch. 7407

FY 2019-20 Exp. Rank #4405

Balance

−149.63

Exports

16.24 ₹ Cr

0.0007% share

+15.51% YoY

7.62% of Sub-Ch. 7407

Imports

165.87 ₹ Cr

0.0050% share

−19.36% YoY

19.04% of Sub-Ch. 7407

FY 2020-21 Exp. Rank #4676

Balance

−155.06

Exports

13.92 ₹ Cr

0.0006% share

−14.29% YoY

7.94% of Sub-Ch. 7407

Imports

168.98 ₹ Cr

0.0058% share

+1.88% YoY

20.12% of Sub-Ch. 7407

FY 2021-22 Exp. Rank #4415

Balance

−132.27

Exports

23.00 ₹ Cr

0.0007% share

+65.23% YoY

6.97% of Sub-Ch. 7407

Imports

155.27 ₹ Cr

0.0034% share

−8.11% YoY

14.51% of Sub-Ch. 7407

FY 2022-23 Exp. Rank #4971

Balance

−164.28

Exports

16.10 ₹ Cr

0.0004% share

−30.00% YoY

3.57% of Sub-Ch. 7407

Imports

180.38 ₹ Cr

0.0031% share

+16.17% YoY

14.72% of Sub-Ch. 7407

FY 2023-24 Exp. Rank #4335

Balance

−191.13

Exports

28.10 ₹ Cr

0.0008% share

+74.53% YoY

6.75% of Sub-Ch. 7407

Imports

219.23 ₹ Cr

0.0039% share

+21.54% YoY

17.73% of Sub-Ch. 7407

FY 2024-25 Exp. Rank #4000

Balance

−232.46

Exports

37.58 ₹ Cr

0.0010% share

+33.74% YoY

5.35% of Sub-Ch. 7407

Imports

270.04 ₹ Cr

0.0044% share

+23.18% YoY

19.78% of Sub-Ch. 7407

CAGR · 7-Year

Exports

17.80% /yr

Imports

4.64% /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 74072120 Export-Import Analysis

Consistent Export Growth: 17.80% CAGR Over 7 Years

India's exports under HSN Code 74072120 have grown at a compound annual rate of 17.80% over 7 fiscal years, rising from ₹14.06 Crore in FY 2018-19 to ₹37.58 Crore in FY 2024-25.

HSN Code 74072120 Ranked #4000 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 74072120 ranks #4000 out of 12657 HSN codes by total export value. Within Sub-Chapter 7407, it ranks #6 of 17. By trade surplus, it ranks #11418 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 74072120 Exports

The strongest single-year export movement for HSN Code 74072120 was recorded in FY 2023-24, when exports surged by 74.53% over the prior year.

India Records a Trade Deficit of ₹232.46 Crore in HSN Code 74072120 Goods

In FY 2024-25, India's imports of ₹270.04 Cr exceeded exports of ₹37.58 Cr, resulting in a trade deficit of ₹232.46 Crore — ranking #11418 of 12657 by surplus magnitude.

Import Growth of 4.64% CAGR Signals Stable Import Dependency for Copper alloys: Copper-zinc alloys (brass) rods

India's imports under HSN Code 74072120 have grown at 4.64% CAGR, reaching ₹270.04 Crore in FY 2024-25.

HSN Code 74072120 Contributes 5.35% of Sub-Chapter 7407 Exports — Ranked #6

Among the 17 HSN codes under Sub-Chapter 7407, HSN Code 74072120 ranks #6 by export value — accounting for 5.35% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 19.78% share (rank #2).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 74072120 and GST compliance.

What products are classified under HSN 74072120 ?

It includes Copper alloys: Rods

Any common misclassification issue with Copper alloys: Copper-zinc alloys (brass) rods?

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

How much GST applies to Copper alloys: Copper-zinc alloys (brass) rods?

Under HSN 74072120, Copper alloys: Copper-zinc alloys (brass) rods attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Copper alloys: Copper-zinc alloys (brass) rods?

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 Copper alloys: Copper-zinc alloys (brass) rods is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Copper alloys: Copper-zinc alloys (brass) rods; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Copper alloys: Copper-zinc alloys (brass) rods?

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.

Does packaging or labelling change the GST for Copper alloys: Copper-zinc alloys (brass) rods?

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.

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.