Consistent Export Growth: 27.46% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7409 have grown at a compound annual rate of 27.46% over 7 fiscal years, rising from ₹250.57 Crore in FY 2018-19 to ₹1,074.29 Crore in FY 2024-25.
HSN Sub Chapter 7409 represents Copper sheets and strips under GST classification. This code helps businesses identify Copper sheets and strips correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7409, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Copper sheets and strips.
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GST Rate for Copper sheets and strips under HSN Code 7409. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Copper sheets and strips.
Tariff HSN
Description
Of refined copper : In coils
Tariff HSN
Description
Of refined copper : Other
Tariff HSN
Description
Of copper-zinc base alloys (brass) : In coils
Tariff HSN
Description
Of copper-zinc base alloys (brass) : Other
Tariff HSN
Description
Of copper-tin base alloys (bronze) : In coils
Tariff HSN
Description
Of copper-tin base alloys (bronze) : Other
Tariff HSN
Description
Of copper-tin base alloys (bronze) : Other
Tariff HSN
Description
Of other copper alloys
India’s Exports
FY 2024-25₹1,074 Cr
0.0290% of India’s total exports
India’s Imports
FY 2024-25₹2,725 Cr
0.0447% of India’s total imports
Trade Balance
FY 2024-25−₹1,651 Cr
Surplus rank #1010 of 1233 subchapters
% of Chapter 74
FY 2024-256.12%
Share of Chapter 74’s total exports in FY 2024-25
Import side: 3.00% of Chapter 74’s imports
Rank Within Chapter 74
FY 2024-25#5 of 16
Position by export value among subchapters in Chapter 74
Import-side rank: #6 of 16
At a glance
27.46%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#374
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+178.28%
Peak Growth Year
FY 2021-22 · strongest single-year move
6.12%
Contribution to Ch. 74
Share of Chapter 74 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−1,158.64
Exports
250.57 ₹ Cr
0.0109% share
— YoY
3.58% of Ch. 74
Imports
1,409.21 ₹ Cr
0.0392% share
— YoY
3.82% of Ch. 74
Balance
−770.97
Exports
256.60 ₹ Cr
0.0116% share
+2.41% YoY
4.23% of Ch. 74
Imports
1,027.57 ₹ Cr
0.0306% share
−27.08% YoY
2.85% of Ch. 74
Balance
−800.09
Exports
222.75 ₹ Cr
0.0104% share
−13.19% YoY
2.18% of Ch. 74
Imports
1,022.84 ₹ Cr
0.0351% share
−0.46% YoY
3.00% of Ch. 74
Balance
−964.49
Exports
619.86 ₹ Cr
0.0198% share
+178.28% YoY
3.62% of Ch. 74
Imports
1,584.35 ₹ Cr
0.0347% share
+54.90% YoY
3.01% of Ch. 74
Balance
−819.84
Exports
862.54 ₹ Cr
0.0238% share
+39.15% YoY
6.40% of Ch. 74
Imports
1,682.38 ₹ Cr
0.0293% share
+6.19% YoY
2.75% of Ch. 74
Balance
−843.56
Exports
820.14 ₹ Cr
0.0227% share
−4.92% YoY
4.28% of Ch. 74
Imports
1,663.70 ₹ Cr
0.0296% share
−1.11% YoY
2.18% of Ch. 74
Balance
−1,650.90
Exports
1,074.29 ₹ Cr
0.0290% share
+30.99% YoY
6.12% of Ch. 74
Imports
2,725.19 ₹ Cr
0.0447% share
+63.80% YoY
3.00% of Ch. 74
CAGR · 7-Year
Exports
27.46% /yr
Imports
11.62% /yr
reference, FY 2024-25
Export
₹17,551.94 Cr
Import
₹90,850.32 Cr
Trade Balance
−73,298.38
India's exports under HSN Sub-Chapter 7409 have grown at a compound annual rate of 27.46% over 7 fiscal years, rising from ₹250.57 Crore in FY 2018-19 to ₹1,074.29 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7409 ranks #374 out of 1233 subchapters by total export value. Within Chapter 74, it ranks #5 of 16. By trade surplus, it ranks #1010 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7409 was recorded in FY 2021-22, when exports surged by 178.28% over the prior year.
In FY 2024-25, India's imports of ₹2,725.19 Cr exceeded exports of ₹1,074.29 Cr, resulting in a trade deficit of ₹1,650.90 Crore — ranking #1010 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7409 have grown at 11.62% CAGR, reaching ₹2,725.19 Crore in FY 2024-25.
Among the 16 subchapters under Chapter 74, HSN Sub-Chapter 7409 ranks #5 by export value — accounting for 6.12% of the chapter's total exports in FY 2024-25. On the import side, it holds 3.00% share (rank #6).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 7409 and GST compliance.
It includes Copper sheets and strips
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.
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.
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.
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Copper sheets and strips are forward charge. Check the current notifications for any special cases before deciding.