HSN Code 74072921: Of copper alloys : Other : Profiles : Hollow

HSN Code 74072921 represents Of copper alloys : Other : Profiles : Hollow under GST classification. This code helps businesses identify Of copper alloys : Other : Profiles : Hollow correctly for billing, taxation, and trade. With HSN Code 74072921, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of copper alloys : Other : Profiles : Hollow.

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 74072921

HSN Code 74072921 relates to the following description.

Description of Goods

Of copper alloys : Other : Profiles : Hollow

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 74072921 not include?

Of copper alloys : Other : Profiles : Hollow 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 74072921 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

< ₹1 Crore

+112.12% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹9 Cr

−13.80% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹9 Cr

Trade Deficit

Surplus rank #8967 of 12657 HSN codes

% of Sub-Chapter 7407

FY 2024-25

0.10%

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

Import side: 0.69% of Sub-Chapter 7407’s imports

Rank Within Sub-Chapter 7407

FY 2024-25

#14 of 17

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

Import-side rank: #11 of 17

At a glance

7.64%

Export CAGR

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

#8548

National Export Rank

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

+840.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.10%

Contribution to Sub-Ch. 7407

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

India Export-Import Trade Statistics for HSN Code 74072921

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 #8258

Balance

+0.42

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.18% of Sub-Ch. 7407

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7407

FY 2019-20 Exp. Rank #9717

Balance

−0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−95.56% YoY

0.01% of Sub-Ch. 7407

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+33.33% YoY

0.00% of Sub-Ch. 7407

FY 2020-21 Exp. Rank #9098

Balance

−6.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+550.00% YoY

0.07% of Sub-Ch. 7407

Imports

6.26 ₹ Cr

0.0002% share

+15,550.00% YoY

0.75% of Sub-Ch. 7407

FY 2021-22 Exp. Rank #9808

Balance

−5.59

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−61.54% YoY

0.02% of Sub-Ch. 7407

Imports

5.64 ₹ Cr

0.0001% share

−9.90% YoY

0.53% of Sub-Ch. 7407

FY 2022-23 Exp. Rank #8724

Balance

−8.21

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+840.00% YoY

0.10% of Sub-Ch. 7407

Imports

8.68 ₹ Cr

0.0002% share

+53.90% YoY

0.71% of Sub-Ch. 7407

FY 2023-24 Exp. Rank #9115

Balance

−10.54

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−29.79% YoY

0.08% of Sub-Ch. 7407

Imports

10.87 ₹ Cr

0.0002% share

+25.23% YoY

0.88% of Sub-Ch. 7407

FY 2024-25 Exp. Rank #8548

Balance

−8.67

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+112.12% YoY

0.10% of Sub-Ch. 7407

Imports

9.37 ₹ Cr

0.0002% share

−13.80% YoY

0.69% of Sub-Ch. 7407

CAGR · 7-Year

Exports

7.64% /yr

Imports

160.48% /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 74072921 Export-Import Analysis

Consistent Export Growth: 7.64% CAGR Over 7 Years

India's exports under HSN Code 74072921 have grown at a compound annual rate of 7.64% over 7 fiscal years, rising from ₹0.45 Crore in FY 2018-19 to ₹0.70 Crore in FY 2024-25.

HSN Code 74072921 Ranked #8548 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 74072921 ranks #8548 out of 12657 HSN codes by total export value. Within Sub-Chapter 7407, it ranks #14 of 17. By trade surplus, it ranks #8967 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 74072921 Exports

The strongest single-year export movement for HSN Code 74072921 was recorded in FY 2022-23, when exports surged by 840.00% over the prior year.

India Records a Trade Deficit of ₹8.67 Crore in HSN Code 74072921 Goods

In FY 2024-25, India's imports of ₹9.37 Cr exceeded exports of ₹0.70 Cr, resulting in a trade deficit of ₹8.67 Crore — ranking #8967 of 12657 by surplus magnitude.

Import Growth of 160.48% CAGR Signals Rising Demand for Of copper alloys : Other : Profiles : Hollow

India's imports under HSN Code 74072921 have grown at 160.48% CAGR, reaching ₹9.37 Crore in FY 2024-25.

HSN Code 74072921 Contributes 0.10% of Sub-Chapter 7407 Exports — Ranked #14

Among the 17 HSN codes under Sub-Chapter 7407, HSN Code 74072921 ranks #14 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.69% share (rank #11).

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 74072921 and GST compliance.

What products are classified under HSN 74072921 ?

It includes Plasticized PVC (≥6% Plasticizers)

How much GST applies to Of copper alloys : Other : Profiles : Hollow?

Under HSN 74072921, Of copper alloys : Other : Profiles : Hollow attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Of copper alloys : Other : Profiles : Hollow?

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 copper alloys : Other : Profiles : Hollow is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of copper alloys : Other : Profiles : Hollow; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Of copper alloys : Other : Profiles : Hollow?

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.

Any common misclassification issue with Of copper alloys : Other : Profiles : Hollow?

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 Of copper alloys : Other : Profiles : Hollow?

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

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.