HSN Code 74112200: Copper-Nickel/Nickel-Silver Alloys

HSN Code 74112200 represents Copper-Nickel/Nickel-Silver Alloys under GST classification. This code helps businesses identify Copper-Nickel/Nickel-Silver Alloys correctly for billing, taxation, and trade. With HSN Code 74112200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Copper-Nickel/Nickel-Silver Alloys.

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Description of Goods for HSN Code 74112200

HSN Code 74112200 relates to the following description.

Description of Goods

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

Chapter

74 - Copper and articles thereof

Sub Chapter

7411 - Copper tubes and pipes

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 74112200 not include?

Copper-Nickel/Nickel-Silver Alloys does not include products with the following descriptions.

India’s Trade Performance — HSN Code 74112200 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

₹184 Cr

+0.26% vs FY 2023-24

0.0050% of India’s total exports

India’s Imports

FY 2024-25

₹25 Cr

+27.91% vs FY 2023-24

0.0004% of India’s total imports

Trade Balance

FY 2024-25

₹159 Cr

Trade Surplus

Surplus rank #1299 of 12657 HSN codes

% of Sub-Chapter 7411

FY 2024-25

18.27%

Share of Sub-Chapter 7411’s total exports in FY 2024-25

Import side: 0.25% of Sub-Chapter 7411’s imports

Rank Within Sub-Chapter 7411

FY 2024-25

#3 of 4

Position by export value among HSN codes in Sub-Chapter 7411

Import-side rank: #4 of 4

At a glance

11.31%

Export CAGR

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

#1920

National Export Rank

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

+116.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

18.27%

Contribution to Sub-Ch. 7411

Share of Sub-Chapter 7411 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 74112200

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 #2053

Balance

+79.43

Exports

96.92 ₹ Cr

0.0042% share

YoY

31.59% of Sub-Ch. 7411

Imports

17.49 ₹ Cr

0.0005% share

YoY

0.56% of Sub-Ch. 7411

FY 2019-20 Exp. Rank #2247

Balance

+44.98

Exports

81.94 ₹ Cr

0.0037% share

−15.46% YoY

29.46% of Sub-Ch. 7411

Imports

36.96 ₹ Cr

0.0011% share

+111.32% YoY

1.06% of Sub-Ch. 7411

FY 2020-21 Exp. Rank #2645

Balance

+30.29

Exports

61.61 ₹ Cr

0.0029% share

−24.81% YoY

20.36% of Sub-Ch. 7411

Imports

31.32 ₹ Cr

0.0011% share

−15.26% YoY

1.00% of Sub-Ch. 7411

FY 2021-22 Exp. Rank #2081

Balance

+110.19

Exports

133.08 ₹ Cr

0.0042% share

+116.00% YoY

22.37% of Sub-Ch. 7411

Imports

22.89 ₹ Cr

0.0005% share

−26.92% YoY

0.46% of Sub-Ch. 7411

FY 2022-23 Exp. Rank #1886

Balance

+138.27

Exports

171.50 ₹ Cr

0.0047% share

+28.87% YoY

21.96% of Sub-Ch. 7411

Imports

33.23 ₹ Cr

0.0006% share

+45.17% YoY

0.49% of Sub-Ch. 7411

FY 2023-24 Exp. Rank #1860

Balance

+164.25

Exports

183.81 ₹ Cr

0.0051% share

+7.18% YoY

21.78% of Sub-Ch. 7411

Imports

19.56 ₹ Cr

0.0003% share

−41.14% YoY

0.28% of Sub-Ch. 7411

FY 2024-25 Exp. Rank #1920

Balance

+159.27

Exports

184.29 ₹ Cr

0.0050% share

+0.26% YoY

18.27% of Sub-Ch. 7411

Imports

25.02 ₹ Cr

0.0004% share

+27.91% YoY

0.25% of Sub-Ch. 7411

CAGR · 7-Year

Exports

11.31% /yr

Imports

6.15% /yr

Consistently Surplus
Sub-Chapter 7411 total

reference, FY 2024-25

Export

₹1,008.66 Cr

Import

₹10,157.49 Cr

Trade Balance

−9,148.83

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

Key Trade Insights: HSN Code 74112200 Export-Import Analysis

Consistent Export Growth: 11.31% CAGR Over 7 Years

India's exports under HSN Code 74112200 have grown at a compound annual rate of 11.31% over 7 fiscal years, rising from ₹96.92 Crore in FY 2018-19 to ₹184.29 Crore in FY 2024-25.

HSN Code 74112200 Ranked #1920 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 74112200 ranks #1920 out of 12657 HSN codes by total export value. Within Sub-Chapter 7411, it ranks #3 of 4. By trade surplus, it ranks #1299 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 74112200 Exports

The strongest single-year export movement for HSN Code 74112200 was recorded in FY 2021-22, when exports surged by 116.00% over the prior year.

India Maintains a Trade Surplus of ₹159.27 Crore in HSN Code 74112200 Goods

In FY 2024-25, India's exports of ₹184.29 Cr exceeded imports of ₹25.02 Cr, resulting in a trade surplus of ₹159.27 Crore — ranking #1299 of 12657 by surplus magnitude.

Import Growth of 6.15% CAGR Signals Stable Import Dependency for Copper-Nickel/Nickel-Silver Alloys

India's imports under HSN Code 74112200 have grown at 6.15% CAGR, reaching ₹25.02 Crore in FY 2024-25.

HSN Code 74112200 Contributes 18.27% of Sub-Chapter 7411 Exports — Ranked #3

Among the 4 HSN codes under Sub-Chapter 7411, HSN Code 74112200 ranks #3 by export value — accounting for 18.27% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.25% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 74112200 and GST compliance.

What products are classified under HSN 74112200 ?

It includes Of copper alloys : Brass : Tube-well strainer

Can we claim ITC on inputs used to trade Copper-Nickel/Nickel-Silver Alloys?

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 Copper-Nickel/Nickel-Silver Alloys?

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-Nickel/Nickel-Silver Alloys?

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.

Any common misclassification issue with Copper-Nickel/Nickel-Silver Alloys?

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

How much GST applies to Copper-Nickel/Nickel-Silver Alloys?

Under HSN 74112200, Copper-Nickel/Nickel-Silver Alloys 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.