HSN Code 74081990: Of Refined Copper | Other

HSN Code 74081990 represents Of Refined Copper | Other under GST classification. This code helps businesses identify Of Refined Copper | Other correctly for billing, taxation, and trade. With HSN Code 74081990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Refined Copper | Other.

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Description of Goods for HSN Code 74081990

HSN Code 74081990 relates to the following description.

Description of Goods

Of refined copper : Other : Other

Chapter

74 - Copper and articles thereof

Sub Chapter

7408 - Copper wire

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 74081990 not include?

Of Refined Copper | Other does not include products with the following descriptions.

Of refined copper : Of which the maximum cross-sectional dimension exceeds 6 mm : Copper weld wire

Of refined copper : Of which the maximum cross-sectional dimension exceeds 6 mm : Other

Of copper alloys : Of copper-zinc base alloys (brass) : Of which the maximum cross-sectional dimension exceeds 6 mm

Of copper alloys : Of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) : Silver plated flattened wire of copper (lametta)

Of copper alloys : Of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) : Other of which the maximum cross-sectional dimension exceeds 6 mm

Of copper alloys : Of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) : Other

India’s Trade Performance — HSN Code 74081990 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

₹56 Cr

−65.76% vs FY 2023-24

0.0015% of India’s total exports

India’s Imports

FY 2024-25

₹3,247 Cr

−22.97% vs FY 2023-24

0.0534% of India’s total imports

Trade Balance

FY 2024-25

−₹3,191 Cr

Trade Deficit

Surplus rank #12500 of 12657 HSN codes

% of Sub-Chapter 7408

FY 2024-25

1.19%

Share of Sub-Chapter 7408’s total exports in FY 2024-25

Import side: 25.67% of Sub-Chapter 7408’s imports

Rank Within Sub-Chapter 7408

FY 2024-25

#2 of 12

Position by export value among HSN codes in Sub-Chapter 7408

Import-side rank: #2 of 12

At a glance

−9.11%

Export CAGR

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

#3456

National Export Rank

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

+92.41%

Peak Growth Year

FY 2023-24 · strongest single-year move

1.19%

Contribution to Sub-Ch. 7408

Share of Sub-Chapter 7408 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 74081990

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 #2019

Balance

−7,367.26

Exports

100.13 ₹ Cr

0.0044% share

YoY

13.99% of Sub-Ch. 7408

Imports

7,467.39 ₹ Cr

0.2083% share

YoY

59.41% of Sub-Ch. 7408

FY 2019-20 Exp. Rank #2272

Balance

−5,397.63

Exports

80.22 ₹ Cr

0.0036% share

−19.88% YoY

26.04% of Sub-Ch. 7408

Imports

5,477.85 ₹ Cr

0.1636% share

−26.64% YoY

57.34% of Sub-Ch. 7408

FY 2020-21 Exp. Rank #2775

Balance

−1,830.16

Exports

55.80 ₹ Cr

0.0026% share

−30.44% YoY

12.44% of Sub-Ch. 7408

Imports

1,885.96 ₹ Cr

0.0647% share

−65.57% YoY

39.03% of Sub-Ch. 7408

FY 2021-22 Exp. Rank #2967

Balance

−3,536.00

Exports

66.09 ₹ Cr

0.0021% share

+18.44% YoY

6.23% of Sub-Ch. 7408

Imports

3,602.09 ₹ Cr

0.0788% share

+91.00% YoY

48.42% of Sub-Ch. 7408

FY 2022-23 Exp. Rank #2756

Balance

−3,729.01

Exports

85.69 ₹ Cr

0.0024% share

+29.66% YoY

3.68% of Sub-Ch. 7408

Imports

3,814.70 ₹ Cr

0.0664% share

+5.90% YoY

49.41% of Sub-Ch. 7408

FY 2023-24 Exp. Rank #2003

Balance

−4,050.82

Exports

164.88 ₹ Cr

0.0046% share

+92.41% YoY

2.20% of Sub-Ch. 7408

Imports

4,215.70 ₹ Cr

0.0751% share

+10.51% YoY

43.03% of Sub-Ch. 7408

FY 2024-25 Exp. Rank #3456

Balance

−3,190.95

Exports

56.45 ₹ Cr

0.0015% share

−65.76% YoY

1.19% of Sub-Ch. 7408

Imports

3,247.40 ₹ Cr

0.0534% share

−22.97% YoY

25.67% of Sub-Ch. 7408

CAGR · 7-Year

Exports

−9.11% /yr

Imports

−12.96% /yr

Consistently Deficit
Sub-Chapter 7408 total

reference, FY 2024-25

Export

₹4,760.46 Cr

Import

₹12,653.02 Cr

Trade Balance

−7,892.56

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 74081990 Export-Import Analysis

Export Decline: −9.11% CAGR Over 7 Years

India's exports under HSN Code 74081990 have declined at a compound annual rate of −9.11% over 7 fiscal years, falling from ₹100.13 Crore in FY 2018-19 to ₹56.45 Crore in FY 2024-25.

HSN Code 74081990 Ranked #3456 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 74081990 ranks #3456 out of 12657 HSN codes by total export value. Within Sub-Chapter 7408, it ranks #2 of 12. By trade surplus, it ranks #12500 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 74081990 Exports

The strongest single-year export movement for HSN Code 74081990 was recorded in FY 2023-24, when exports surged by 92.41% over the prior year.

India Records a Trade Deficit of ₹3,190.95 Crore in HSN Code 74081990 Goods

In FY 2024-25, India's imports of ₹3,247.40 Cr exceeded exports of ₹56.45 Cr, resulting in a trade deficit of ₹3,190.95 Crore — ranking #12500 of 12657 by surplus magnitude.

Import Growth of −12.96% CAGR Signals Stable Import Dependency for Of Refined Copper | Other

India's imports under HSN Code 74081990 have grown at −12.96% CAGR, reaching ₹3,247.40 Crore in FY 2024-25.

HSN Code 74081990 Contributes 1.19% of Sub-Chapter 7408 Exports — Ranked #2

Among the 12 HSN codes under Sub-Chapter 7408, HSN Code 74081990 ranks #2 by export value — accounting for 1.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 25.67% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 74081990 and GST compliance.

What products are classified under HSN 74081990 ?

It includes Silver Plated Copper Flattened Wire (Lametta)

Does packaging or labelling change the GST for Of Refined Copper / 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 Of Refined Copper / Other?

Under HSN 74081990, Of Refined Copper / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Of Refined Copper / Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Refined Copper / Other; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Of Refined Copper / Other?

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

Do e‑way bill and e‑invoice apply for Of Refined Copper / 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.

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.