What products are classified under HSN 7403
It includes Refined Copper
HSN Sub Chapter 7403 represents Refined Copper under GST classification. This code helps businesses identify Refined Copper correctly for billing, taxation, and trade. With HSN Sub Chapter 7403, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Refined Copper.
GST Rate for Refined Copper under HSN Code 7403. 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 | 7403 | Refined copper and copper alloys, unwrought | 18% | 18% |
Chapter: 74
Description: Refined copper and copper alloys, unwrought
Following Tariff HSN code falls under Refined Copper:
| Tariff HSN | Description |
|---|---|
| Refined copper : Cathodes and sections of cathodes | |
| Refined copper : Cathodes and sections of cathodes | |
| Refined copper : Wire-bars | |
| Refined copper : Wire-bars | |
| Refined copper : Billets | |
| Refined copper : Billets | |
| Refined copper : Other | |
| Refined copper : Other | |
| Copper alloys : Copper-zinc base alloys (brass) | |
| Copper alloys : Copper-zinc base alloys (brass) | |
| Copper alloys : Copper-tin base alloys (bronze) : Phosphor bronze | |
| Copper alloys : Copper-tin base alloys (bronze) : Phosphor bronze | |
| Copper alloys : Copper-tin base alloys (bronze) : Other | |
| Copper alloys : Copper-tin base alloys (bronze) : Other | |
| Refined copper and copper alloys, unwrought - copper alloys : copper-nickel base alloys( cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) : copper-nickel base alloys (cupro-nickel) | |
| Refined copper and copper alloys, unwrought - copper alloys : copper-nickel base alloys( cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) : copper-nickel-zinc base alloys(nickel silver) | |
| Copper alloys : Other copper alloys (other than master alloys of heading 7405) | |
| Copper alloys : Other copper alloys (other than master alloys of heading 7405) |
Refined copper : Cathodes and sections of cathodes
Refined copper : Cathodes and sections of cathodes
Refined copper : Wire-bars
Refined copper : Wire-bars
Refined copper : Billets
Refined copper : Billets
Refined copper : Other
Refined copper : Other
Copper alloys : Copper-zinc base alloys (brass)
Copper alloys : Copper-zinc base alloys (brass)
Copper alloys : Copper-tin base alloys (bronze) : Phosphor bronze
Copper alloys : Copper-tin base alloys (bronze) : Phosphor bronze
Copper alloys : Copper-tin base alloys (bronze) : Other
Copper alloys : Copper-tin base alloys (bronze) : Other
Refined copper and copper alloys, unwrought - copper alloys : copper-nickel base alloys( cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) : copper-nickel base alloys (cupro-nickel)
Refined copper and copper alloys, unwrought - copper alloys : copper-nickel base alloys( cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) : copper-nickel-zinc base alloys(nickel silver)
Copper alloys : Other copper alloys (other than master alloys of heading 7405)
Copper alloys : Other copper alloys (other than master alloys of heading 7405)
| Order Number | Description |
|---|---|
| Arco Electro Technologies Pvt. Ltd. (AAR (Authority For Advance Ruling), Maharashtra) |
Arco Electro Technologies Pvt. Ltd. (AAR (Authority For Advance Ruling), Maharashtra)
It includes Refined Copper
If your outward supply of Refined Copper is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
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.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
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.
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.