---
title: "7404 HSN Code | HSN Code for Copper waste & scrap in India"
description: "Know more about 7404 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 7404 covering Copper waste & scrap."
canonical: "https://busy.in/hsn/sub-chapter-7404/"
---

# HSN Sub-chapter 7404: Copper waste & scrap

Copper waste and scrap

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 |
| --- | --- |
| 74040011 | [Empty/Discharged Copper Cartridges](https://busy.in/hsn/hsn-74040011/) |
| 74040012 | [Copper wire scrap (ISRI codes)](https://busy.in/hsn/hsn-74040012/) |
| 74040019 | [Other Copper Scrap](https://busy.in/hsn/hsn-74040019/) |
| 74040021 | [Empty/Discharged Cartridges (Copper Alloys)](https://busy.in/hsn/hsn-74040021/) |
| 74040022 | [Copper Waste and Scrap](https://busy.in/hsn/hsn-74040022/) |
| 74040023 | [Mixed New Nickel Silver Clippings Scrap](https://busy.in/hsn/hsn-74040023/) |
| 74040024 | [High Lead/Manganese Bronze Scrap](https://busy.in/hsn/hsn-74040024/) |
| 74040025 | [Copper Nickel Scrap (Dandy, Daunt, Delta, Decoy)](https://busy.in/hsn/hsn-74040025/) |
| 74040029 | [Other Copper Alloy Scrap](https://busy.in/hsn/hsn-74040029/) |

## Frequently asked questions

### What products are classified under HSN 7404

It includes Copper waste & scrap

### Any import/export nuance for Copper waste & scrap?

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.

### What misclassification mistakes happen with Copper waste & scrap?

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.

### If I repair and return Copper waste & scrap, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

### Can reverse charge ever apply to transactions involving Copper waste & scrap?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Copper waste & scrap are forward charge. Check the current notifications for any special cases before deciding.

### Is the composition scheme suitable if I mainly trade Copper waste & scrap?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

### Any special steps when selling Copper waste & scrap through an e‑commerce platform?

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.

## India's trade performance: HSN Sub-Chapter 7404 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹1,307 Cr (+35.43% YoY) — 0.0353% of India's total exports
- Imports: ₹20,071 Cr (+44.78% YoY) — 0.3291% of India's total imports
- Trade balance: −₹18,764 Cr (Deficit); surplus rank #1182 of 1233 sub-chapters
- Share of Chapter 74: 7.45% of its exports; import side 22.09%
- Rank within Chapter 74: #4 of 16 by export value; import-side #2

### Key metrics

- Export CAGR: 31.88% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #340 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +166.96% in FY 2021-22
- Contribution to Ch. 74: 7.45% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 7404

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 | 248.51 | 0.0108% | — | 3.55% | 6,560.49 | 0.1827% | — | 17.79% | −6,311.98 | #568 |
| FY 2019-20 | 308.96 | 0.0140% | +24.33% | 5.10% | 6,843.54 | 0.2040% | +4.31% | 18.96% | −6,534.58 | #516 |
| FY 2020-21 | 348.93 | 0.0162% | +12.94% | 3.42% | 6,874.79 | 0.2359% | +0.46% | 20.13% | −6,525.86 | #492 |
| FY 2021-22 | 931.52 | 0.0297% | +166.96% | 5.44% | 11,833.87 | 0.2589% | +72.13% | 22.50% | −10,902.35 | #373 |
| FY 2022-23 | 909.95 | 0.0251% | −2.32% | 6.76% | 13,225.74 | 0.2300% | +11.76% | 21.59% | −12,315.79 | #397 |
| FY 2023-24 | 965.19 | 0.0267% | +6.07% | 5.03% | 13,862.53 | 0.2468% | +4.81% | 18.14% | −12,897.34 | #386 |
| FY 2024-25 | 1,307.15 | 0.0353% | +35.43% | 7.45% | 20,070.77 | 0.3291% | +44.78% | 22.09% | −18,763.62 | #340 |

- CAGR (7-year): exports 31.88%/yr, imports 20.49%/yr (consistently Deficit)

## Key trade insights: HSN Sub-Chapter 7404 export-import analysis

### Consistent export growth: 31.88% CAGR over 7 years

India's exports under HSN Sub-Chapter 7404 have grown at a compound annual rate of 31.88% over 7 fiscal years, rising from ₹248.51 Crore in FY 2018-19 to ₹1,307.15 Crore in FY 2024-25.

### HSN Sub-Chapter 7404 ranked #340 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 7404 ranks #340 out of 1233 sub-chapters by total export value. Within Chapter 74, it ranks #4 of 16. By trade surplus, it ranks #1182 of 1233.

### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 7404 exports

The strongest single-year export movement for HSN Sub-Chapter 7404 was recorded in FY 2021-22, when exports surged by 166.96% over the prior year.

### India records a trade deficit of ₹18,763.62 Crore in HSN Sub-Chapter 7404 goods

In FY 2024-25, India's imports of ₹20,070.77 Cr exceeded exports of ₹1,307.15 Cr, resulting in a trade deficit of ₹18,763.62 Crore — ranking #1182 of 1233 by surplus magnitude.

### Import growth of 20.49% CAGR signals rising demand for Copper waste & scrap

India's imports under HSN Sub-Chapter 7404 have grown at 20.49% CAGR, reaching ₹20,070.77 Crore in FY 2024-25.

### HSN Sub-Chapter 7404 contributes 7.45% of Chapter 74 exports — ranked #4

Among the 16 sub-chapters under Chapter 74, HSN Sub-Chapter 7404 ranks #4 by export value — accounting for 7.45% of the chapter's total exports in FY 2024-25. On the import side, it holds 22.09% share (rank #2).

## 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 (this hsn sub-chapter) | ₹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 |

## Other sub-chapters

| Code | Title |
| --- | --- |
| 7401 | [Copper mattes; cement copper](https://busy.in/hsn/sub-chapter-7401/) |
| 7402 | [Unrefined Copper](https://busy.in/hsn/sub-chapter-7402/) |
| 7403 | [Refined Copper](https://busy.in/hsn/sub-chapter-7403/) |
| 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/) |