--- title: "HSN Code for Copper bars, rods and profiles: Of Copper Alloys | Other | HSN 74072990 GST Rate" description: "Find HSN and GST Rates for 74072990 related to Copper bars, rods and profiles: Of Copper Alloys | Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-74072990/" --- # HSN Code 74072990: Copper bars, rods and profiles: Of Copper Alloys | Other - [Section 15: Guide to HSN Section 15](https://busy.in/hsn/section-15/) - [Chapter 74: Copper & Similar Articles](https://busy.in/hsn/chapter-74/) - [Sub-chapter 7407: Copper bars, rods & profiles](https://busy.in/hsn/sub-chapter-7407/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of copper alloys : Other : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 74072990 ? It includes Of refined copper : Other : Copper weld wire ### Any common misclassification issue with Copper bars, rods and profiles: Of Copper Alloys / Other? 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 Copper bars, rods and profiles: Of Copper Alloys / 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 much GST applies to Copper bars, rods and profiles: Of Copper Alloys / Other? Under HSN 74072990, Copper bars, rods and profiles: Of Copper Alloys / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Copper bars, rods and profiles: Of Copper Alloys / 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 Copper bars, rods and profiles: Of Copper Alloys / Other? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 74072990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹15 Cr (−11.36% YoY) — 0.0004% of India's total exports - Imports: ₹189 Cr (+29.35% YoY) — 0.0031% of India's total imports - Trade balance: −₹174 Cr (Deficit); surplus rank #11213 of 12657 HSN codes - Share of Sub-Chapter 7407: 2.11% of its exports; import side 13.86% - Rank within Sub-Chapter 7407: #8 of 17 by export value; import-side #3 ### Key metrics - Export CAGR: -4.04% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5271 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +57.56% in FY 2021-22 - Contribution to Sub-Ch. 7407: 2.11% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 74072990 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7407 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7407 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 18.99 | 0.0008% | — | 7.79% | 66.26 | 0.0018% | — | 5.71% | −47.27 | #4171 | | FY 2019-20 | 15.36 | 0.0007% | −19.12% | 7.20% | 43.91 | 0.0013% | −33.73% | 5.04% | −28.55 | #4470 | | FY 2020-21 | 10.84 | 0.0005% | −29.43% | 6.18% | 54.22 | 0.0019% | +23.48% | 6.46% | −43.38 | #4963 | | FY 2021-22 | 17.08 | 0.0005% | +57.56% | 5.18% | 58.66 | 0.0013% | +8.19% | 5.48% | −41.58 | #4796 | | FY 2022-23 | 26.21 | 0.0007% | +53.45% | 5.81% | 93.18 | 0.0016% | +58.85% | 7.61% | −66.97 | #4343 | | FY 2023-24 | 16.73 | 0.0005% | −36.17% | 4.02% | 146.30 | 0.0026% | +57.01% | 11.83% | −129.57 | #5014 | | FY 2024-25 | 14.83 | 0.0004% | −11.36% | 2.11% | 189.24 | 0.0031% | +29.35% | 13.86% | −174.41 | #5271 | - CAGR (7-year): exports -4.04%/yr, imports 19.11%/yr (consistently Deficit) ## Key trade insights: HSN Code 74072990 export-import analysis ### Export decline: -4.04% CAGR over 7 years India's exports under HSN Code 74072990 have declined at a compound annual rate of -4.04% over 7 fiscal years, falling from ₹18.99 Crore in FY 2018-19 to ₹14.83 Crore in FY 2024-25. ### HSN Code 74072990 ranked #5271 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 74072990 ranks #5271 out of 12657 HSN codes by total export value. Within Sub-Chapter 7407, it ranks #8 of 17. By trade surplus, it ranks #11213 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 74072990 exports The strongest single-year export movement for HSN Code 74072990 was recorded in FY 2021-22, when exports surged by 57.56% over the prior year. ### India records a trade deficit of ₹174.41 Crore in HSN Code 74072990 goods In FY 2024-25, India's imports of ₹189.24 Cr exceeded exports of ₹14.83 Cr, resulting in a trade deficit of ₹174.41 Crore — ranking #11213 of 12657 by surplus magnitude. ### Import growth of 19.11% CAGR signals rising demand for Copper bars, rods and profiles: Of Copper Alloys | Other India's imports under HSN Code 74072990 have grown at 19.11% CAGR, reaching ₹189.24 Crore in FY 2024-25. ### HSN Code 74072990 contributes 2.11% of Sub-Chapter 7407 exports — ranked #8 Among the 17 HSN codes under Sub-Chapter 7407, HSN Code 74072990 ranks #8 by export value — accounting for 2.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 13.86% share (rank #3). ## Related HSN Codes in Sub-Chapter 7407 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 74071030: Copper bars (excluding hollow bars)](https://busy.in/hsn/hsn-74071030/) | ₹284 Cr | | #2 | [HSN Code 74071020: Of refined copper : Other copper rods](https://busy.in/hsn/hsn-74071020/) | ₹91 Cr | | #3 | [HSN Code 74072110: Copper alloys: Copper-zinc alloys (brass) bars](https://busy.in/hsn/hsn-74072110/) | ₹91 Cr | | #4 | [HSN Code 74072910: Copper alloys: Rods](https://busy.in/hsn/hsn-74072910/) | ₹83 Cr | | #5 | [HSN Code 74071010: Electrolytic copper rods](https://busy.in/hsn/hsn-74071010/) | ₹59 Cr | | #6 | [HSN Code 74072120: Copper alloys: Copper-zinc alloys (brass) rods](https://busy.in/hsn/hsn-74072120/) | ₹38 Cr | | #7 | [HSN Code 74071090: Of Refined Copper \| Other](https://busy.in/hsn/hsn-74071090/) | ₹20 Cr | | #8 | HSN Code 74072990: Copper bars, rods and profiles: Of Copper Alloys \| Other (this hsn code) | ₹15 Cr | | #9 | [HSN Code 74072190: Copper alloys: Copper-zinc base alloys (brass)](https://busy.in/hsn/hsn-74072190/) | ₹14 Cr | | #10 | [HSN Code 74072130: Brass hollow bars](https://busy.in/hsn/hsn-74072130/) | ₹4 Cr |