HSN Code 74072130: Brass hollow bars

HSN Code 74072130 represents Brass hollow bars under GST classification. This code helps businesses identify Brass hollow bars correctly for billing, taxation, and trade. With HSN Code 74072130, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Brass hollow bars.

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Description of Goods for HSN Code 74072130

HSN Code 74072130 relates to the following description.

Description of Goods

Of copper alloys : Of copper-zinc base alloys (brass) : Hollow bars

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 74072130 not include?

Brass hollow bars 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 74072130 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

₹4 Cr

+722.22% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹4 Cr

Trade Surplus

Surplus rank #3905 of 12657 HSN codes

% of Sub-Chapter 7407

FY 2024-25

0.53%

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

#10 of 17

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

At a glance

39.14%

Export CAGR

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

#6964

National Export Rank

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

+722.22%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.53%

Contribution to Sub-Ch. 7407

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

India Export-Import Trade Statistics for HSN Code 74072130

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 #8168

Balance

−0.39

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.21% of Sub-Ch. 7407

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.08% of Sub-Ch. 7407

FY 2019-20 Exp. Rank #8202

Balance

+0.17

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−1.96% YoY

0.23% of Sub-Ch. 7407

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−63.33% YoY

0.04% of Sub-Ch. 7407

FY 2020-21 Exp. Rank #7838

Balance

+0.49

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+62.00% YoY

0.46% of Sub-Ch. 7407

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−3.03% YoY

0.04% of Sub-Ch. 7407

FY 2021-22 Exp. Rank #7767

Balance

+1.17

Exports

1.28 ₹ Cr

0.0000% share

+58.02% YoY

0.39% of Sub-Ch. 7407

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−65.63% YoY

0.01% of Sub-Ch. 7407

FY 2022-23 Exp. Rank #8839

Balance

+0.39

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−67.97% YoY

0.09% of Sub-Ch. 7407

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−81.82% YoY

0.00% of Sub-Ch. 7407

FY 2023-24 Exp. Rank #8881

Balance

+0.45

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+9.76% YoY

0.11% of Sub-Ch. 7407

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7407

FY 2024-25 Exp. Rank #6964

Balance

+3.70

Exports

3.70 ₹ Cr

0.0001% share

+722.22% YoY

0.53% of Sub-Ch. 7407

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7407

CAGR · 7-Year

Exports

39.14% /yr

Imports

Consistently Surplus
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 74072130 Export-Import Analysis

Consistent Export Growth: 39.14% CAGR Over 7 Years

India's exports under HSN Code 74072130 have grown at a compound annual rate of 39.14% over 7 fiscal years, rising from ₹0.51 Crore in FY 2018-19 to ₹3.70 Crore in FY 2024-25.

HSN Code 74072130 Ranked #6964 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 74072130 ranks #6964 out of 12657 HSN codes by total export value. Within Sub-Chapter 7407, it ranks #10 of 17. By trade surplus, it ranks #3905 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 74072130 Exports

The strongest single-year export movement for HSN Code 74072130 was recorded in FY 2024-25, when exports surged by 722.22% over the prior year.

India Maintains a Trade Surplus of ₹3.70 Crore in HSN Code 74072130 Goods

In FY 2024-25, India's exports of ₹3.70 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹3.70 Crore — ranking #3905 of 12657 by surplus magnitude.

HSN Code 74072130 Contributes 0.53% of Sub-Chapter 7407 Exports — Ranked #10

Among the 17 HSN codes under Sub-Chapter 7407, HSN Code 74072130 ranks #10 by export value — accounting for 0.53% 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 74072130 and GST compliance.

What products are classified under HSN 74072130 ?

It includes Of copper alloys : Other : Profiles : Hollow

Do e‑way bill and e‑invoice apply for Brass hollow bars?

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 Brass hollow bars?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Brass hollow bars?

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 Brass hollow bars?

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 Brass hollow bars is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Brass hollow bars; Nil for exempt items if applicable).

How much GST applies to Brass hollow bars?

Under HSN 74072130, Brass hollow bars 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.