HSN Chapter 74 in India pertains to 'Copper and Articles Thereof,' encompassing a broad spectrum of unwrought copper, semi-finished products, and various manufactured articles made from copper. This chapter is vital for industries reliant on copper's excellent conductivity, malleability, and corrosion resistance, including electrical, electronics, construction, plumbing, and automotive sectors. Procurement teams, accountants, and customs house agents (CHAs) must accurately classify items under HSN 74 for correct duty assessment and GST compliance. Understanding the scope prevents misclassification, ensuring smooth import/export processes and accurate financial records for businesses trading in copper and its related products. MetaleMart provides a wide range of copper grades and shapes pertinent to this HSN code.
What HSN 74 Covers
HSN Chapter 74 comprehensively defines 'Copper and Articles Thereof.' This includes unwrought copper, such as copper cathodes and anodes, and refined copper in various forms including alloys. It extends to semi-finished products like bars, rods, profiles, wire, plates, sheets, strip, foil, tubes, and pipes. A crucial part of HSN 74 also covers copper powders, flakes, and importantly, copper waste and scrap, facilitating recycling. The scope is broad, capturing copper in most forms before it becomes part of a more complex manufactured article classified elsewhere. Exclusions typically involve finished goods where copper is a minor component (e.g., certain electronics, machinery parts classified by their primary function) or copper compounds and oxides (often in Chapter 28). Misclassification can occur with copper-clad materials; unless copper is the dominant material by weight or function, HSN 74 might not apply. Accurate classification ensures correct duty and GST application for India's vast industrial needs.Common Materials & Grades
- Copper (Unwrought): Including cathodes andمیل-refined copper, the basic form for HSN 74.
- Copper Bars, Rods, and Profiles: Such as C11000 (ETP - Electrolytic Tough Pitch) copper bars and rods, used in electrical and plumbing.
- Copper Wire: Including solid and stranded wires (e.g., C11000) for electrical applications, covered under HSN 74.
- Copper Plates, Sheets, and Strip: Such as copper sheets (e.g., C11000) used in heat exchangers and decorative applications.
- Copper Tubes and Pipes: Seamless and welded copper tubes (e.g., C12200 Phosphorus Deoxidized Copper) for plumbing and refrigeration.
- Copper Foil: Thin gauge copper foil used in flexible PCBs and capacitors.
- Copper Powders and Flakes: For specialized applications like friction materials and conductive paints.
- Copper Waste and Scrap: Recovered copper materials, also classified under HSN 74.
Trade Names & Synonyms
- Copper (ETP, OFC, Electrolytic)
- Cu-ETP, Cu-DHP, Cu-OF
- Copper Sections
- Copper Metal
- Copper Scrap
- Red Metal
- Copper Ingots
- Copper Busbars
Typical Industrial Uses
- Electrical industry (wiring, busbars, connectors)
- Electronics (PCBs, components)
- Plumbing and HVAC (pipes, tubes, fittings)
- Automotive (radiators, brake lines, wiring)
- Construction (roofing, decorative elements)
- Heat Exchangers and Industrial Machinery
- Coinage
- Fundraising
GST Rate (Indicative)
Products classified under HSN 74, covering copper and its articles, typically fall within the 18% GST slab. However, specific items or their forms might be subject to different rates. Always confirm the applicable GST rate on the official CBIC portal for precise compliance.
Related HSN Codes
- Chapter 72: Ferrous Metals (relevant for copper-clad steel comparison)
- Chapter 76: Aluminium and Articles Thereof (competitor metal)
- HSN 7401: Copper mattes; cement copper containing copper
- HSN 7403: Refined copper and copper alloys, wrought
- HSN 7407: Copper bars, rods and profiles
- HSN 7408: Copper wire
- HSN 7409: Copper plates, sheets and strip, of a thickness exceeding 0.15 mm
- HSN 7411: Copper tubes and pipes
Related on MetaleMart
Frequently Asked Questions about HSN 74
What is generally included under HSN 74 in India?
HSN 74 primarily covers unwrought copper, copper bars, rods, profiles, wire, plates, sheets, strip, foil, tubes, pipes, and fittings for copper. It also includes waste and scrap of copper, as well as copper powders and flakes. For specific items like copper-clad steel wire, classification might depend on the dominant material. Always verify with customs.
What is the GST rate for HSN 74?
The GST rate for products under HSN 74 can vary, but many copper and articles thereof commonly fall within the 18% slab. However, certain processed forms or specific applications might attract different rates. It is crucial to verify the exact GST rate applicable to your specific product on the official CBIC portal or consult a tax professional, as rates can change.
How does MetaleMart's catalog align with HSN 74?
HSN Chapter 74 covers a wide range of copper products, from basic unwrought metal to finished articles like pipes and tubes. MetaleMart's catalog includes various copper grades in forms like round bars, sheets, pipes, and tubes, which fall under this chapter. This ensures buyers can source materials for electrical, plumbing, and industrial applications directly relevant to HSN 74.
What are the key product categories within HSN Chapter 74?
Section 74 covers various forms of copper, including unwrought copper, bars, rods, wire, plates, sheets, tubes, pipes, and fittings. It also includes copper powders and flakes, as well as waste and scrap. The focus is on copper and its immediate articles, with subsequent chapters potentially covering more complex alloys or manufactured goods where copper is a component but not the primary subject.