What products are classified under HSN 7402
It includes Unrefined Copper
HSN Sub Chapter 7402 represents Unrefined Copper under GST classification. This code helps businesses identify Unrefined Copper correctly for billing, taxation, and trade. With HSN Sub Chapter 7402, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Unrefined Copper.
GST Rate for Unrefined Copper under HSN Code 7402. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 74 | 7402 | Unrefined copper; copper anodes for electrolytic refining | 12% | 12% |
Chapter: 74
Description: Unrefined copper; copper anodes for electrolytic refining
Following Tariff HSN code falls under Unrefined Copper:
| Tariff HSN | Description |
|---|---|
| Unrefined copper; copper anodes for electrolytic refining : Blister copper | |
| Unrefined copper; copper anodes for electrolytic refining : Blister copper | |
| Unrefined copper; copper anodes for electrolytic refining : Other | |
| Unrefined copper; copper anodes for electrolytic refining : Other |
Unrefined copper; copper anodes for electrolytic refining : Blister copper
Unrefined copper; copper anodes for electrolytic refining : Blister copper
Unrefined copper; copper anodes for electrolytic refining : Other
Unrefined copper; copper anodes for electrolytic refining : Other
It includes Unrefined Copper
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Unrefined 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.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
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.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
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.
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.
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.