7415 HSN Code: Copper or steel fasteners

HSN Sub Chapter 7415 represents Copper or steel fasteners under GST classification. This code helps businesses identify Copper or steel fasteners correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7415, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Copper or steel fasteners.

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New GST Rate for HSN Code 7415

GST Rate for Copper or steel fasteners under HSN Code 7415. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

74

HSN Code

7415

HSN Description

Nails, tacks, drawing pins, staples (other than those of heading 8305) and similar articles, of copper or of iron or steel with heads of copper; screws, bolts, nuts, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of copper

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7415

Following tariff HSN codes fall under Copper or steel fasteners.

Tariff HSN

74151000

Description

Nails and tacks, drawing pins, staples and similar articles

Tariff HSN

74152100

Description

Other articles, not threaded : Washers (including spring washers)

Tariff HSN

74152900

Description

Other articles, not threaded : Other

Tariff HSN

74153310

Description

Other threaded articles : Screws; bolts and nuts : Screws for wood

Tariff HSN

74153390

Description

Other threaded articles : Screws; bolts and nuts : Other

Tariff HSN

74153910

Description

Other threaded articles : Other : Rivets (excluding tubular or bifurcated)

Tariff HSN

74153990

Description

Other threaded articles : Other : Other

India’s Trade Performance — HSN Sub-Chapter 7415 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

₹483 Cr

+9.33% vs FY 2023-24

0.0131% of India’s total exports

India’s Imports

FY 2024-25

₹323 Cr

+36.07% vs FY 2023-24

0.0053% of India’s total imports

Trade Balance

FY 2024-25

₹160 Cr

Trade Surplus

Surplus rank #352 of 1233 subchapters

% of Chapter 74

FY 2024-25

2.75%

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

Import side: 0.36% of Chapter 74’s imports

Rank Within Chapter 74

FY 2024-25

#10 of 16

Position by export value among subchapters in Chapter 74

Import-side rank: #10 of 16

At a glance

15.27%

Export CAGR

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

#538

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+64.03%

Peak Growth Year

FY 2021-22 · strongest single-year move

2.75%

Contribution to Ch. 74

Share of Chapter 74 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7415

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 #604

Balance

+110.78

Exports

206.03 ₹ Cr

0.0090% share

— YoY

2.94% of Ch. 74

Imports

95.25 ₹ Cr

0.0027% share

— YoY

0.26% of Ch. 74

FY 2019-20 Exp. Rank #607

Balance

+84.53

Exports

185.85 ₹ Cr

0.0084% share

−9.79% YoY

3.07% of Ch. 74

Imports

101.32 ₹ Cr

0.0030% share

+6.37% YoY

0.28% of Ch. 74

FY 2020-21 Exp. Rank #558

Balance

+125.96

Exports

247.34 ₹ Cr

0.0115% share

+33.09% YoY

2.42% of Ch. 74

Imports

121.38 ₹ Cr

0.0042% share

+19.80% YoY

0.36% of Ch. 74

FY 2021-22 Exp. Rank #527

Balance

+235.32

Exports

405.70 ₹ Cr

0.0129% share

+64.03% YoY

2.37% of Ch. 74

Imports

170.38 ₹ Cr

0.0037% share

+40.37% YoY

0.32% of Ch. 74

FY 2022-23 Exp. Rank #527

Balance

+240.63

Exports

455.89 ₹ Cr

0.0126% share

+12.37% YoY

3.38% of Ch. 74

Imports

215.26 ₹ Cr

0.0037% share

+26.34% YoY

0.35% of Ch. 74

FY 2023-24 Exp. Rank #552

Balance

+204.69

Exports

442.15 ₹ Cr

0.0122% share

−3.01% YoY

2.31% of Ch. 74

Imports

237.46 ₹ Cr

0.0042% share

+10.31% YoY

0.31% of Ch. 74

FY 2024-25 Exp. Rank #538

Balance

+160.32

Exports

483.42 ₹ Cr

0.0131% share

+9.33% YoY

2.75% of Ch. 74

Imports

323.10 ₹ Cr

0.0053% share

+36.07% YoY

0.36% of Ch. 74

CAGR · 7-Year

Exports

15.27% /yr

Imports

22.58% /yr

Consistently Surplus
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 7415 Export-Import Analysis

Consistent Export Growth: 15.27% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7415 have grown at a compound annual rate of 15.27% over 7 fiscal years, rising from ₹206.03 Crore in FY 2018-19 to ₹483.42 Crore in FY 2024-25.

HSN Sub-Chapter 7415 Ranked #538 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7415 ranks #538 out of 1233 subchapters by total export value. Within Chapter 74, it ranks #10 of 16. By trade surplus, it ranks #352 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7415 Exports

The strongest single-year export movement for HSN Sub-Chapter 7415 was recorded in FY 2021-22, when exports surged by 64.03% over the prior year.

India Maintains a Trade Surplus of ₹160.32 Crore in HSN Sub-Chapter 7415 Goods

In FY 2024-25, India's exports of ₹483.42 Cr exceeded imports of ₹323.10 Cr, resulting in a trade surplus of ₹160.32 Crore — ranking #352 of 1233 by surplus magnitude.

Import Growth of 22.58% CAGR Signals Rising Demand for Copper or steel fasteners

India's imports under HSN Sub-Chapter 7415 have grown at 22.58% CAGR, reaching ₹323.10 Crore in FY 2024-25.

HSN Sub-Chapter 7415 Contributes 2.75% of Chapter 74 Exports — Ranked #10

Among the 16 subchapters under Chapter 74, HSN Sub-Chapter 7415 ranks #10 by export value — accounting for 2.75% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.36% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7415 and GST compliance.

What products are classified under HSN 7415

It includes Copper or steel fasteners

Any import/export nuance for Copper or steel fasteners?

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.

How do I bill a kit or combo that includes Copper or steel fasteners?

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.

Can reverse charge ever apply to transactions involving Copper or steel fasteners?

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

Any special steps when selling Copper or steel fasteners 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.

Is the composition scheme suitable if I mainly trade Copper or steel fasteners?

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.

How should I document Copper or steel fasteners sent for job work?

Use a delivery challan for sending Copper or steel fasteners 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.

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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