7406 HSN Code: Copper powders & flakes

HSN Sub Chapter 7406 represents Copper powders & flakes under GST classification. This code helps businesses identify Copper powders & flakes correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7406, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Copper powders & flakes.

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New GST Rate for HSN Code 7406

GST Rate for Copper powders & flakes under HSN Code 7406. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

74

HSN Code

7406

HSN Description

Copper powders and flakes

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7406

Following tariff HSN codes fall under Copper powders & flakes.

Tariff HSN

74061000

Description

Powders of non-lamellar structure

Tariff HSN

74062000

Description

Powders of lamellar structure; flakes

India’s Trade Performance — HSN Sub-Chapter 7406 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹32 Cr

+81.36% vs FY 2023-24

0.0009% of India’s total exports

India’s Imports

FY 2024-25

₹137 Cr

−3.08% vs FY 2023-24

0.0022% of India’s total imports

Trade Balance

FY 2024-25

−₹105 Cr

Trade Deficit

Surplus rank #727 of 1233 subchapters

% of Chapter 74

FY 2024-25

0.18%

Share of Chapter 74’s total exports in FY 2024-25

Import side: 0.15% of Chapter 74’s imports

Rank Within Chapter 74

FY 2024-25

#15 of 16

Position by export value among subchapters in Chapter 74

Import-side rank: #13 of 16

At a glance

−3.92%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#959

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+81.36%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.18%

Contribution to Ch. 74

Share of Chapter 74 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7406

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #864

Balance

−66.81

Exports

40.58 ₹ Cr

0.0018% share

— YoY

0.58% of Ch. 74

Imports

107.39 ₹ Cr

0.0030% share

— YoY

0.29% of Ch. 74

FY 2019-20 Exp. Rank #909

Balance

−93.56

Exports

28.23 ₹ Cr

0.0013% share

−30.43% YoY

0.47% of Ch. 74

Imports

121.79 ₹ Cr

0.0036% share

+13.41% YoY

0.34% of Ch. 74

FY 2020-21 Exp. Rank #927

Balance

−76.75

Exports

23.36 ₹ Cr

0.0011% share

−17.25% YoY

0.23% of Ch. 74

Imports

100.11 ₹ Cr

0.0034% share

−17.80% YoY

0.29% of Ch. 74

FY 2021-22 Exp. Rank #934

Balance

−85.65

Exports

29.70 ₹ Cr

0.0009% share

+27.14% YoY

0.17% of Ch. 74

Imports

115.35 ₹ Cr

0.0025% share

+15.22% YoY

0.22% of Ch. 74

FY 2022-23 Exp. Rank #1021

Balance

−103.37

Exports

12.64 ₹ Cr

0.0003% share

−57.44% YoY

0.09% of Ch. 74

Imports

116.01 ₹ Cr

0.0020% share

+0.57% YoY

0.19% of Ch. 74

FY 2023-24 Exp. Rank #1004

Balance

−123.31

Exports

17.60 ₹ Cr

0.0005% share

+39.24% YoY

0.09% of Ch. 74

Imports

140.91 ₹ Cr

0.0025% share

+21.46% YoY

0.18% of Ch. 74

FY 2024-25 Exp. Rank #959

Balance

−104.65

Exports

31.92 ₹ Cr

0.0009% share

+81.36% YoY

0.18% of Ch. 74

Imports

136.57 ₹ Cr

0.0022% share

−3.08% YoY

0.15% of Ch. 74

CAGR · 7-Year

Exports

−3.92% /yr

Imports

4.09% /yr

Consistently Deficit
Chapter 74 total

reference, FY 2024-25

Export

₹17,551.94 Cr

Import

₹90,850.32 Cr

Trade Balance

−73,298.38

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 7406 Export-Import Analysis

Export Decline: −3.92% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7406 have declined at a compound annual rate of −3.92% over 7 fiscal years, falling from ₹40.58 Crore in FY 2018-19 to ₹31.92 Crore in FY 2024-25.

HSN Sub-Chapter 7406 Ranked #959 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7406 ranks #959 out of 1233 subchapters by total export value. Within Chapter 74, it ranks #15 of 16. By trade surplus, it ranks #727 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 7406 Exports

The strongest single-year export movement for HSN Sub-Chapter 7406 was recorded in FY 2024-25, when exports surged by 81.36% over the prior year.

India Records a Trade Deficit of ₹104.65 Crore in HSN Sub-Chapter 7406 Goods

In FY 2024-25, India's imports of ₹136.57 Cr exceeded exports of ₹31.92 Cr, resulting in a trade deficit of ₹104.65 Crore — ranking #727 of 1233 by surplus magnitude.

Import Growth of 4.09% CAGR Signals Stable Import Dependency for Copper powders & flakes

India's imports under HSN Sub-Chapter 7406 have grown at 4.09% CAGR, reaching ₹136.57 Crore in FY 2024-25.

HSN Sub-Chapter 7406 Contributes 0.18% of Chapter 74 Exports — Ranked #15

Among the 16 subchapters under Chapter 74, HSN Sub-Chapter 7406 ranks #15 by export value — accounting for 0.18% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.15% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7406 and GST compliance.

What products are classified under HSN 7406

It includes Copper powders & flakes

What should my invoice and records include for Copper powders & flakes?

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.

How should I document Copper powders & flakes sent for job work?

Use a delivery challan for sending Copper powders & flakes to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

How do I bill a kit or combo that includes Copper powders & flakes?

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.

If I repair and return Copper powders & flakes, 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 powders & flakes?

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

Any special steps when selling Copper powders & flakes 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.

Important Disclaimer

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.

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