HSN Code 74122090: Copper alloys: Bronze fittings

HSN Code 74122090 represents Copper alloys: Bronze fittings under GST classification. This code helps businesses identify Copper alloys: Bronze fittings correctly for billing, taxation, and trade. With HSN Code 74122090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Copper alloys: Bronze fittings.

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Description of Goods for HSN Code 74122090

HSN Code 74122090 relates to the following description.

Description of Goods

Of copper alloys : Fittings of bronze or other alloys of copper

Chapter

74 - Copper and articles thereof

Sub Chapter

7412 - Copper tube or pipe fittings (for example, couplings, elbows, sleeves)

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 74122090 not include?

Copper alloys: Bronze fittings does not include products with the following descriptions.

India’s Trade Performance — HSN Code 74122090 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

₹196 Cr

+34.05% vs FY 2023-24

0.0053% of India’s total exports

India’s Imports

FY 2024-25

₹167 Cr

+43.63% vs FY 2023-24

0.0027% of India’s total imports

Trade Balance

FY 2024-25

₹30 Cr

Trade Surplus

Surplus rank #2538 of 12657 HSN codes

% of Sub-Chapter 7412

FY 2024-25

34.80%

Share of Sub-Chapter 7412’s total exports in FY 2024-25

Import side: 52.84% of Sub-Chapter 7412’s imports

Rank Within Sub-Chapter 7412

FY 2024-25

#2 of 5

Position by export value among HSN codes in Sub-Chapter 7412

Import-side rank: #1 of 5

At a glance

20.70%

Export CAGR

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

#1868

National Export Rank

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

+56.64%

Peak Growth Year

FY 2021-22 · strongest single-year move

34.80%

Contribution to Sub-Ch. 7412

Share of Sub-Chapter 7412 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 74122090

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 #2554

Balance

+15.53

Exports

63.53 ₹ Cr

0.0028% share

YoY

32.26% of Sub-Ch. 7412

Imports

48.00 ₹ Cr

0.0013% share

YoY

36.44% of Sub-Ch. 7412

FY 2019-20 Exp. Rank #2734

Balance

+0.11

Exports

55.60 ₹ Cr

0.0025% share

−12.48% YoY

28.88% of Sub-Ch. 7412

Imports

55.49 ₹ Cr

0.0017% share

+15.60% YoY

39.77% of Sub-Ch. 7412

FY 2020-21 Exp. Rank #2483

Balance

−5.15

Exports

69.44 ₹ Cr

0.0032% share

+24.89% YoY

24.97% of Sub-Ch. 7412

Imports

74.59 ₹ Cr

0.0026% share

+34.42% YoY

42.41% of Sub-Ch. 7412

FY 2021-22 Exp. Rank #2300

Balance

+24.05

Exports

108.77 ₹ Cr

0.0035% share

+56.64% YoY

25.12% of Sub-Ch. 7412

Imports

84.72 ₹ Cr

0.0019% share

+13.58% YoY

42.18% of Sub-Ch. 7412

FY 2022-23 Exp. Rank #2075

Balance

+50.51

Exports

147.15 ₹ Cr

0.0041% share

+35.29% YoY

33.37% of Sub-Ch. 7412

Imports

96.64 ₹ Cr

0.0017% share

+14.07% YoY

37.36% of Sub-Ch. 7412

FY 2023-24 Exp. Rank #2134

Balance

+30.45

Exports

146.54 ₹ Cr

0.0041% share

−0.41% YoY

31.55% of Sub-Ch. 7412

Imports

116.09 ₹ Cr

0.0021% share

+20.13% YoY

46.76% of Sub-Ch. 7412

FY 2024-25 Exp. Rank #1868

Balance

+29.69

Exports

196.43 ₹ Cr

0.0053% share

+34.05% YoY

34.80% of Sub-Ch. 7412

Imports

166.74 ₹ Cr

0.0027% share

+43.63% YoY

52.84% of Sub-Ch. 7412

CAGR · 7-Year

Exports

20.70% /yr

Imports

23.06% /yr

Consistently Surplus
Sub-Chapter 7412 total

reference, FY 2024-25

Export

₹564.47 Cr

Import

₹315.56 Cr

Trade Balance

+248.91

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

Key Trade Insights: HSN Code 74122090 Export-Import Analysis

Consistent Export Growth: 20.70% CAGR Over 7 Years

India's exports under HSN Code 74122090 have grown at a compound annual rate of 20.70% over 7 fiscal years, rising from ₹63.53 Crore in FY 2018-19 to ₹196.43 Crore in FY 2024-25.

HSN Code 74122090 Ranked #1868 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 74122090 ranks #1868 out of 12657 HSN codes by total export value. Within Sub-Chapter 7412, it ranks #2 of 5. By trade surplus, it ranks #2538 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 74122090 Exports

The strongest single-year export movement for HSN Code 74122090 was recorded in FY 2021-22, when exports surged by 56.64% over the prior year.

India Maintains a Trade Surplus of ₹29.69 Crore in HSN Code 74122090 Goods

In FY 2024-25, India's exports of ₹196.43 Cr exceeded imports of ₹166.74 Cr, resulting in a trade surplus of ₹29.69 Crore — ranking #2538 of 12657 by surplus magnitude.

Import Growth of 23.06% CAGR Signals Rising Demand for Copper alloys: Bronze fittings

India's imports under HSN Code 74122090 have grown at 23.06% CAGR, reaching ₹166.74 Crore in FY 2024-25.

HSN Code 74122090 Contributes 34.80% of Sub-Chapter 7412 Exports — Ranked #2

Among the 5 HSN codes under Sub-Chapter 7412, HSN Code 74122090 ranks #2 by export value — accounting for 34.80% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 52.84% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 74122090 and GST compliance.

What products are classified under HSN 74122090 ?

It includes Washers, including spring washers

Do e‑way bill and e‑invoice apply for Copper alloys: Bronze fittings?

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.

How should mixed supplies be billed when Copper alloys: Bronze fittings is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Copper alloys: Bronze fittings; Nil for exempt items if applicable).

How much GST applies to Copper alloys: Bronze fittings?

Under HSN 74122090, Copper alloys: Bronze fittings attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Copper alloys: Bronze fittings?

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: Bronze fittings?

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.