HSN Code 74072910: Copper alloys: Rods

HSN Code 74072910 represents Copper alloys: Rods under GST classification. This code helps businesses identify Copper alloys: Rods correctly for billing, taxation, and trade. With HSN Code 74072910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Copper alloys: Rods.

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Description of Goods for HSN Code 74072910

HSN Code 74072910 relates to the following description.

Description of Goods

Of copper alloys : Other : Rods of bronze and similar alloys

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 74072910 not include?

Copper alloys: Rods 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 74072910 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

₹83 Cr

−2.97% vs FY 2023-24

0.0023% of India’s total exports

India’s Imports

FY 2024-25

₹15 Cr

−1.05% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹68 Cr

Trade Surplus

Surplus rank #1919 of 12657 HSN codes

% of Sub-Chapter 7407

FY 2024-25

11.82%

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

Import side: 1.11% of Sub-Chapter 7407’s imports

Rank Within Sub-Chapter 7407

FY 2024-25

#4 of 17

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

Import-side rank: #10 of 17

At a glance

15.41%

Export CAGR

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

#2927

National Export Rank

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

+93.89%

Peak Growth Year

FY 2021-22 · strongest single-year move

11.82%

Contribution to Sub-Ch. 7407

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

India Export-Import Trade Statistics for HSN Code 74072910

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 #3372

Balance

+23.95

Exports

35.10 ₹ Cr

0.0015% share

YoY

14.40% of Sub-Ch. 7407

Imports

11.15 ₹ Cr

0.0003% share

YoY

0.96% of Sub-Ch. 7407

FY 2019-20 Exp. Rank #3721

Balance

+14.74

Exports

27.26 ₹ Cr

0.0012% share

−22.34% YoY

12.78% of Sub-Ch. 7407

Imports

12.52 ₹ Cr

0.0004% share

+12.29% YoY

1.44% of Sub-Ch. 7407

FY 2020-21 Exp. Rank #3827

Balance

+9.72

Exports

26.52 ₹ Cr

0.0012% share

−2.71% YoY

15.12% of Sub-Ch. 7407

Imports

16.80 ₹ Cr

0.0006% share

+34.19% YoY

2.00% of Sub-Ch. 7407

FY 2021-22 Exp. Rank #3324

Balance

+22.17

Exports

51.42 ₹ Cr

0.0016% share

+93.89% YoY

15.59% of Sub-Ch. 7407

Imports

29.25 ₹ Cr

0.0006% share

+74.11% YoY

2.73% of Sub-Ch. 7407

FY 2022-23 Exp. Rank #2910

Balance

+54.13

Exports

76.25 ₹ Cr

0.0021% share

+48.29% YoY

16.91% of Sub-Ch. 7407

Imports

22.12 ₹ Cr

0.0004% share

−24.38% YoY

1.81% of Sub-Ch. 7407

FY 2023-24 Exp. Rank #2777

Balance

+70.19

Exports

85.50 ₹ Cr

0.0024% share

+12.13% YoY

20.55% of Sub-Ch. 7407

Imports

15.31 ₹ Cr

0.0003% share

−30.79% YoY

1.24% of Sub-Ch. 7407

FY 2024-25 Exp. Rank #2927

Balance

+67.81

Exports

82.96 ₹ Cr

0.0023% share

−2.97% YoY

11.82% of Sub-Ch. 7407

Imports

15.15 ₹ Cr

0.0002% share

−1.05% YoY

1.11% of Sub-Ch. 7407

CAGR · 7-Year

Exports

15.41% /yr

Imports

5.24% /yr

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 74072910 Export-Import Analysis

Consistent Export Growth: 15.41% CAGR Over 7 Years

India's exports under HSN Code 74072910 have grown at a compound annual rate of 15.41% over 7 fiscal years, rising from ₹35.10 Crore in FY 2018-19 to ₹82.96 Crore in FY 2024-25.

HSN Code 74072910 Ranked #2927 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 74072910 ranks #2927 out of 12657 HSN codes by total export value. Within Sub-Chapter 7407, it ranks #4 of 17. By trade surplus, it ranks #1919 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 74072910 Exports

The strongest single-year export movement for HSN Code 74072910 was recorded in FY 2021-22, when exports surged by 93.89% over the prior year.

India Maintains a Trade Surplus of ₹67.81 Crore in HSN Code 74072910 Goods

In FY 2024-25, India's exports of ₹82.96 Cr exceeded imports of ₹15.15 Cr, resulting in a trade surplus of ₹67.81 Crore — ranking #1919 of 12657 by surplus magnitude.

Import Growth of 5.24% CAGR Signals Stable Import Dependency for Copper alloys: Rods

India's imports under HSN Code 74072910 have grown at 5.24% CAGR, reaching ₹15.15 Crore in FY 2024-25.

HSN Code 74072910 Contributes 11.82% of Sub-Chapter 7407 Exports — Ranked #4

Among the 17 HSN codes under Sub-Chapter 7407, HSN Code 74072910 ranks #4 by export value — accounting for 11.82% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.11% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 74072910 and GST compliance.

What products are classified under HSN 74072910 ?

It includes Copper bars, rods and profiles: Of Copper Alloys | Other

Any common misclassification issue with Copper alloys: Rods?

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

Can we claim ITC on inputs used to trade Copper alloys: 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 much GST applies to Copper alloys: Rods?

Under HSN 74072910, Copper alloys: Rods attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Copper alloys: 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: 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.