--- title: "7401 HSN Code | HSN Code for Copper mattes; cement copper in India" description: "Know more about 7401 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 7401 covering Copper mattes; cement copper." canonical: "https://busy.in/hsn/sub-chapter-7401/" --- # HSN Sub-chapter 7401: Copper mattes; cement copper Copper mattes; cement copper (precipitated copper) Part of [Chapter 74: Copper & Similar Articles](https://busy.in/hsn/chapter-74/). - Current GST rate: 18% - Earlier GST rate: 18% ## HSN codes | Code | Title | | --- | --- | | 74010010 | [Copper mattes](https://busy.in/hsn/hsn-74010010/) | | 74010090 | [Cement Copper (Precipitated Copper)](https://busy.in/hsn/hsn-74010090/) | | 74011000 | [Cement Copper](https://busy.in/hsn/hsn-74011000/) | | 74012000 | [Copper-Nickel Base Alloys (Unwrought)](https://busy.in/hsn/hsn-74012000/) | ## Frequently asked questions ### What products are classified under HSN 7401 It includes Copper mattes; cement copper ### How are warranty replacements of Copper mattes; cement copper handled? If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability. ### Any import/export nuance for Copper mattes; cement copper? Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE. ### Does packaging or branding change how GST applies to Copper mattes; cement copper? Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Copper mattes; cement copper is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment. ### Do spares or accessories of Copper mattes; cement copper follow the same HSN? Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice. ### What misclassification mistakes happen with Copper mattes; cement copper? Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper. ## India's trade performance: HSN Sub-Chapter 7401 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹294 Cr (+129.18% YoY) — 0.0079% of India's total exports - Imports: ₹6 Cr (+526.04% YoY) — 0.0001% of India's total imports - Trade balance: ₹288 Cr (Surplus); surplus rank #301 of 1233 sub-chapters - Share of Chapter 74: 1.67% of its exports; import side 0.01% - Rank within Chapter 74: #12 of 16 by export value; import-side #16 ### Key metrics - Export CAGR: 28.26% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #626 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +134.50% in FY 2020-21 - Contribution to Ch. 74: 1.67% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 7401 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 Ch. 74 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 74 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 66.02 | 0.0029% | — | 0.94% | 4.28 | 0.0001% | — | 0.01% | +61.74 | #792 | | FY 2019-20 | 67.11 | 0.0030% | +1.65% | 1.11% | < ₹1 Crore | 0.0000% | −98.13% | 0.00% | +67.03 | #799 | | FY 2020-21 | 157.37 | 0.0073% | +134.50% | 1.54% | < ₹1 Crore | 0.0000% | +725.00% | 0.00% | +156.71 | #650 | | FY 2021-22 | 125.53 | 0.0040% | −20.23% | 0.73% | 1.08 | 0.0000% | +63.64% | 0.00% | +124.45 | #744 | | FY 2022-23 | 134.84 | 0.0037% | +7.42% | 1.00% | < ₹1 Crore | 0.0000% | −25.00% | 0.00% | +134.03 | #759 | | FY 2023-24 | 128.22 | 0.0035% | −4.91% | 0.67% | < ₹1 Crore | 0.0000% | +18.52% | 0.00% | +127.26 | #769 | | FY 2024-25 | 293.85 | 0.0079% | +129.18% | 1.67% | 6.01 | 0.0001% | +526.04% | 0.01% | +287.84 | #626 | - CAGR (7-year): exports 28.26%/yr, imports 5.82%/yr (consistently Surplus) ## Key trade insights: HSN Sub-Chapter 7401 export-import analysis ### Consistent export growth: 28.26% CAGR over 7 years India's exports under HSN Sub-Chapter 7401 have grown at a compound annual rate of 28.26% over 7 fiscal years, rising from ₹66.02 Crore in FY 2018-19 to ₹293.85 Crore in FY 2024-25. ### HSN Sub-Chapter 7401 ranked #626 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 7401 ranks #626 out of 1233 sub-chapters by total export value. Within Chapter 74, it ranks #12 of 16. By trade surplus, it ranks #301 of 1233. ### FY 2020-21 was the strongest growth year for HSN Sub-Chapter 7401 exports The strongest single-year export movement for HSN Sub-Chapter 7401 was recorded in FY 2020-21, when exports surged by 134.50% over the prior year. ### India maintains a trade surplus of ₹287.84 Crore in HSN Sub-Chapter 7401 goods In FY 2024-25, India's exports of ₹293.85 Cr exceeded imports of ₹6.01 Cr, resulting in a trade surplus of ₹287.84 Crore — ranking #301 of 1233 by surplus magnitude. ### Import growth of 5.82% CAGR signals stable import dependency for Copper mattes; cement copper India's imports under HSN Sub-Chapter 7401 have grown at 5.82% CAGR, reaching ₹6.01 Crore in FY 2024-25. ### HSN Sub-Chapter 7401 contributes 1.67% of Chapter 74 exports — ranked #12 Among the 16 sub-chapters under Chapter 74, HSN Sub-Chapter 7401 ranks #12 by export value — accounting for 1.67% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #16). ## Related Sub-Chapters in Chapter 74 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Sub-Chapter 7408: Copper Wire](https://busy.in/hsn/sub-chapter-7408/) | ₹4,760 Cr | | #2 | [HSN Sub-Chapter 7403: Refined Copper](https://busy.in/hsn/sub-chapter-7403/) | ₹3,444 Cr | | #3 | [HSN Sub-Chapter 7419: Other articles of copper](https://busy.in/hsn/sub-chapter-7419/) | ₹2,562 Cr | | #4 | [HSN Sub-Chapter 7404: Copper waste & scrap](https://busy.in/hsn/sub-chapter-7404/) | ₹1,307 Cr | | #5 | [HSN Sub-Chapter 7409: Copper sheets and strips](https://busy.in/hsn/sub-chapter-7409/) | ₹1,074 Cr | | #6 | [HSN Sub-Chapter 7411: Copper Tubes & Pipes](https://busy.in/hsn/sub-chapter-7411/) | ₹1,009 Cr | | #7 | [HSN Sub-Chapter 7407: Copper bars, rods & profiles](https://busy.in/hsn/sub-chapter-7407/) | ₹702 Cr | | #8 | [HSN Sub-Chapter 7418: Household copper articles](https://busy.in/hsn/sub-chapter-7418/) | ₹596 Cr | | #9 | [HSN Sub-Chapter 7412: Copper fittings](https://busy.in/hsn/sub-chapter-7412/) | ₹564 Cr | | #10 | [HSN Sub-Chapter 7415: Copper or steel fasteners](https://busy.in/hsn/sub-chapter-7415/) | ₹483 Cr | | #12 | HSN Sub-Chapter 7401: Copper mattes; cement copper (this hsn sub-chapter) | ₹294 Cr | ## Other sub-chapters | Code | Title | | --- | --- | | 7402 | [Unrefined Copper](https://busy.in/hsn/sub-chapter-7402/) | | 7403 | [Refined Copper](https://busy.in/hsn/sub-chapter-7403/) | | 7404 | [Copper waste & scrap](https://busy.in/hsn/sub-chapter-7404/) | | 7405 | [Master Copper Alloys](https://busy.in/hsn/sub-chapter-7405/) | | 7406 | [Copper powders & flakes](https://busy.in/hsn/sub-chapter-7406/) | | 7407 | [Copper bars, rods & profiles](https://busy.in/hsn/sub-chapter-7407/) | | 7408 | [Copper Wire](https://busy.in/hsn/sub-chapter-7408/) | | 7409 | [Copper sheets and strips](https://busy.in/hsn/sub-chapter-7409/) | | 7410 | [Copper foil, thin & backed materials](https://busy.in/hsn/sub-chapter-7410/) | | 7411 | [Copper Tubes & Pipes](https://busy.in/hsn/sub-chapter-7411/) | | 7412 | [Copper fittings](https://busy.in/hsn/sub-chapter-7412/) | | 7413 | [Smoking pipes & holders](https://busy.in/hsn/sub-chapter-7413/) | | 7415 | [Copper or steel fasteners](https://busy.in/hsn/sub-chapter-7415/) | | 7418 | [Household copper articles](https://busy.in/hsn/sub-chapter-7418/) | | 7419 | [Other articles of copper](https://busy.in/hsn/sub-chapter-7419/) |