Under the GST regime, HSN Code 74061000 classifies Copper Powders And Flakes - Powders Of Non-Lamellar Structure within Chapter 74 – Copper And Articles Thereof. This code is essential for businesses to correctly calculate and remit taxes on Copper Powders And Flakes - Powders Of Non-Lamellar Structure. The applicable rates are CGST at 0.09, SGST/UTGST at 0.09 for within-state sales, and IGST at 0.18 for interstate supplies. Goods are quantified using kg..
HSN Codes under Chapter 74 – Copper And Articles Thereof
Below are related HSN codes from Chapter 74 – Copper And Articles Thereof for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Copper And Articles Thereof... | 74010010 | Copper Mattes; Cement Copper (Precipitated Copper)... | 9.00% | 9.00% | 18.00% |
| Copper And Articles Thereof... | 74010090 | Copper Mattes; Cement Copper (Precipitated Copper)... | 0.09 | 0.09 | 0.18 |
| Copper And Articles Thereof... | 74011000 | Copper Mattes; Cement Copper (Precipitated Copper)... | N.a. | N.a. | N.a. |
| Copper And Articles Thereof... | 74012000 | Copper Mattes; Cement Copper (Precipitated Copper)... | N.a. | N.a. | N.a. |
| Copper And Articles Thereof... | 74020010 | Unrefined Copper; Copper Anodes For Electrolytic R... | 9.00% | 9.00% | 18.00% |
| Copper And Articles Thereof... | 74020090 | Unrefined Copper; Copper Anodes For Electrolytic R... | 0.09 | 0.09 | 0.18 |
| Copper And Articles Thereof... | 74031100 | Refined Copper And Copper Alloys, Unwrought - Refi... | 0.09 | 0.09 | 0.18 |
| Copper And Articles Thereof... | 74031200 | Refined Copper And Copper Alloys, Unwrought - Refi... | 0.09 | 0.09 | 0.18 |
| Copper And Articles Thereof... | 74031300 | Refined Copper And Copper Alloys, Unwrought - Refi... | 0.09 | 0.09 | 0.18 |
| Copper And Articles Thereof... | 74031900 | Refined Copper And Copper Alloys, Unwrought - Refi... | 0.09 | 0.09 | 0.18 |
GST Rates for HSN 74061000
Tax liability for Copper Powders And Flakes - Powders Of Non-Lamellar Structure under HSN 74061000 varies by transaction geography. CGST at 0.09 combined with SGST/UTGST at 0.09 applies to local sales. Interstate movement attracts IGST at 0.18. All billing for Chapter 74 – Copper And Articles Thereof products must use kg..
Who Should Use HSN Code 74061000?
Any business engaged in supplying Copper Powders And Flakes - Powders Of Non-Lamellar Structure must apply HSN 74061000 on invoices. The Copper And Articles Thereof category under Chapter 74 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Starting a business involving Copper Powders And Flakes - Powders Of Non-Lamellar Structure? GST registration is mandatory for collecting and remitting taxes on HSN 74061000 goods. Companies planning international trade within Copper And Articles Thereof must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Correct HSN Code 74061000 application for Copper Powders And Flakes - Powders Of Non-Lamellar Structure ensures smooth input credit utilization and assessment processes. Track 0.09, 0.09, and 0.18 rate changes for Chapter 74 – Copper And Articles Thereof through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
HSN Code 74061000 falls under Chapter 74 – Copper And Articles Thereof in the GST tariff schedule. This chapter covers various goods including Copper Powders And Flakes - Powders Of Non-Lamellar Structure.
Yes, IGST at 0.18 is applicable when Copper Powders And Flakes - Powders Of Non-Lamellar Structure is supplied interstate or imported. For local sales within a state, CGST at 0.09 and SGST/UTGST at 0.09 apply instead.
Yes, e-commerce sellers dealing in Copper Powders And Flakes - Powders Of Non-Lamellar Structure must use HSN 74061000 on their invoices. This applies to all online platforms operating under Copper And Articles Thereof classification.
To import goods under Copper And Articles Thereof, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.