Consistent Export Growth: 19.18% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7412 have grown at a compound annual rate of 19.18% over 7 fiscal years, rising from ₹196.95 Crore in FY 2018-19 to ₹564.47 Crore in FY 2024-25.
HSN Sub Chapter 7412 represents Copper fittings under GST classification. This code helps businesses identify Copper fittings correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7412, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Copper fittings.
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GST Rate for Copper fittings under HSN Code 7412. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Copper fittings.
Tariff HSN
Description
Of refined copper
Tariff HSN
Description
Of copper alloys : Brass : Tube-well strainer
Tariff HSN
Description
Of copper alloys : Brass : Hose connectors
Tariff HSN
Description
Of copper alloys : Brass : Other
Tariff HSN
Description
Of copper alloys : Fittings of bronze or other alloys of copper
India’s Exports
FY 2024-25₹564 Cr
0.0152% of India’s total exports
India’s Imports
FY 2024-25₹316 Cr
0.0052% of India’s total imports
Trade Balance
FY 2024-25₹249 Cr
Surplus rank #310 of 1233 subchapters
% of Chapter 74
FY 2024-253.22%
Share of Chapter 74’s total exports in FY 2024-25
Import side: 0.35% of Chapter 74’s imports
Rank Within Chapter 74
FY 2024-25#9 of 16
Position by export value among subchapters in Chapter 74
Import-side rank: #11 of 16
At a glance
19.18%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#509
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+55.72%
Peak Growth Year
FY 2021-22 · strongest single-year move
3.22%
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
+65.24
Exports
196.95 ₹ Cr
0.0086% share
— YoY
2.81% of Ch. 74
Imports
131.71 ₹ Cr
0.0037% share
— YoY
0.36% of Ch. 74
Balance
+52.95
Exports
192.49 ₹ Cr
0.0087% share
−2.26% YoY
3.18% of Ch. 74
Imports
139.54 ₹ Cr
0.0042% share
+5.94% YoY
0.39% of Ch. 74
Balance
+102.16
Exports
278.04 ₹ Cr
0.0129% share
+44.44% YoY
2.72% of Ch. 74
Imports
175.88 ₹ Cr
0.0060% share
+26.04% YoY
0.52% of Ch. 74
Balance
+232.13
Exports
432.96 ₹ Cr
0.0138% share
+55.72% YoY
2.53% of Ch. 74
Imports
200.83 ₹ Cr
0.0044% share
+14.19% YoY
0.38% of Ch. 74
Balance
+182.26
Exports
440.94 ₹ Cr
0.0122% share
+1.84% YoY
3.27% of Ch. 74
Imports
258.68 ₹ Cr
0.0045% share
+28.81% YoY
0.42% of Ch. 74
Balance
+216.15
Exports
464.43 ₹ Cr
0.0128% share
+5.33% YoY
2.42% of Ch. 74
Imports
248.28 ₹ Cr
0.0044% share
−4.02% YoY
0.32% of Ch. 74
Balance
+248.91
Exports
564.47 ₹ Cr
0.0152% share
+21.54% YoY
3.22% of Ch. 74
Imports
315.56 ₹ Cr
0.0052% share
+27.10% YoY
0.35% of Ch. 74
CAGR · 7-Year
Exports
19.18% /yr
Imports
15.68% /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 7412 have grown at a compound annual rate of 19.18% over 7 fiscal years, rising from ₹196.95 Crore in FY 2018-19 to ₹564.47 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7412 ranks #509 out of 1233 subchapters by total export value. Within Chapter 74, it ranks #9 of 16. By trade surplus, it ranks #310 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7412 was recorded in FY 2021-22, when exports surged by 55.72% over the prior year.
In FY 2024-25, India's exports of ₹564.47 Cr exceeded imports of ₹315.56 Cr, resulting in a trade surplus of ₹248.91 Crore — ranking #310 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7412 have grown at 15.68% CAGR, reaching ₹315.56 Crore in FY 2024-25.
Among the 16 subchapters under Chapter 74, HSN Sub-Chapter 7412 ranks #9 by export value — accounting for 3.22% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.35% share (rank #11).
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 7412 and GST compliance.
It includes Copper fittings
Use a delivery challan for sending Copper fittings 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.
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Copper fittings is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
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.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.