--- title: "7405 HSN Code | HSN Code for Master Copper Alloys in India" description: "Know more about 7405 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 7405 covering Master Copper Alloys." canonical: "https://busy.in/hsn/sub-chapter-7405/" --- # HSN Sub-chapter 7405: Master Copper Alloys Master alloys of 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 | | --- | --- | | 74050000 | [Master Alloys Of Copper](https://busy.in/hsn/hsn-74050000/) | ## Frequently asked questions ### What products are classified under HSN 7405 It includes Master Copper Alloys ### Any special steps when selling Master Copper Alloys 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. ### Any import/export nuance for Master Copper Alloys? 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 MRP, weight or pack size change GST treatment for Master Copper Alloys? Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN. ### How do I bill a kit or combo that includes Master Copper Alloys? 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. ### How are warranty replacements of Master Copper Alloys 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. ## India's trade performance: HSN Sub-Chapter 7405 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹43 Cr (+24.32% YoY) — 0.0012% of India's total exports - Imports: ₹41 Cr (+83.70% YoY) — 0.0007% of India's total imports - Trade balance: ₹2 Cr (Surplus); surplus rank #502 of 1233 sub-chapters - Share of Chapter 74: 0.24% of its exports; import side 0.05% - Rank within Chapter 74: #14 of 16 by export value; import-side #15 ### Key metrics - Export CAGR: 2.63% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #927 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +236.61% in FY 2021-22 - Contribution to Ch. 74: 0.24% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 7405 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 | 36.78 | 0.0016% | — | 0.53% | 11.10 | 0.0003% | — | 0.03% | +25.68 | #877 | | FY 2019-20 | 39.49 | 0.0018% | +7.37% | 0.65% | 11.61 | 0.0003% | +4.59% | 0.03% | +27.88 | #874 | | FY 2020-21 | 15.98 | 0.0007% | −59.53% | 0.16% | 7.92 | 0.0003% | −31.78% | 0.02% | +8.06 | #962 | | FY 2021-22 | 53.79 | 0.0017% | +236.61% | 0.31% | 21.46 | 0.0005% | +170.96% | 0.04% | +32.33 | #873 | | FY 2022-23 | 47.13 | 0.0013% | −12.38% | 0.35% | 23.76 | 0.0004% | +10.72% | 0.04% | +23.37 | #901 | | FY 2023-24 | 34.58 | 0.0010% | −26.63% | 0.18% | 22.57 | 0.0004% | −5.01% | 0.03% | +12.01 | #952 | | FY 2024-25 | 42.99 | 0.0012% | +24.32% | 0.24% | 41.46 | 0.0007% | +83.70% | 0.05% | +1.53 | #927 | - CAGR (7-year): exports 2.63%/yr, imports 24.56%/yr (consistently Surplus) ## Key trade insights: HSN Sub-Chapter 7405 export-import analysis ### Consistent export growth: 2.63% CAGR over 7 years India's exports under HSN Sub-Chapter 7405 have grown at a compound annual rate of 2.63% over 7 fiscal years, rising from ₹36.78 Crore in FY 2018-19 to ₹42.99 Crore in FY 2024-25. ### HSN Sub-Chapter 7405 ranked #927 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 7405 ranks #927 out of 1233 sub-chapters by total export value. Within Chapter 74, it ranks #14 of 16. By trade surplus, it ranks #502 of 1233. ### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 7405 exports The strongest single-year export movement for HSN Sub-Chapter 7405 was recorded in FY 2021-22, when exports surged by 236.61% over the prior year. ### India maintains a trade surplus of ₹1.53 Crore in HSN Sub-Chapter 7405 goods In FY 2024-25, India's exports of ₹42.99 Cr exceeded imports of ₹41.46 Cr, resulting in a trade surplus of ₹1.53 Crore — ranking #502 of 1233 by surplus magnitude. ### Import growth of 24.56% CAGR signals rising demand for Master Copper Alloys India's imports under HSN Sub-Chapter 7405 have grown at 24.56% CAGR, reaching ₹41.46 Crore in FY 2024-25. ### HSN Sub-Chapter 7405 contributes 0.24% of Chapter 74 exports — ranked #14 Among the 16 sub-chapters under Chapter 74, HSN Sub-Chapter 7405 ranks #14 by export value — accounting for 0.24% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.05% share (rank #15). ## 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 | | #14 | HSN Sub-Chapter 7405: Master Copper Alloys (this hsn sub-chapter) | ₹43 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/) | | 7404 | [Copper waste & scrap](https://busy.in/hsn/sub-chapter-7404/) | | 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/) |