Under the GST regime, HSN Code 74072929 classifies Copper Bars, Rods And Profiles - Of Copper Alloys : Other : Profiles : Other within Chapter 74 – Copper And Articles Thereof. This code is essential for businesses to correctly calculate and remit taxes on Copper Bars, Rods And Profiles - Of Copper Alloys : Other : Profiles : Other. The applicable rates are CGST at 9.00%, SGST/UTGST at 9.00% for within-state sales, and IGST at 18.00% 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 74072929
The taxation of Copper Bars, Rods And Profiles - Of Copper Alloys : Other : Profiles : Other under HSN Code 74072929 depends on supply location. Intrastate transactions require CGST at 9.00% and SGST/UTGST at 9.00%. Interstate supplies are charged IGST at 18.00%. Invoices should consistently use kg. for Copper And Articles Thereof goods under Chapter 74.
Who Should Use HSN Code 74072929?
Every entity transacting in Copper Bars, Rods And Profiles - Of Copper Alloys : Other : Profiles : Other must quote HSN Code 74072929 on invoices. This includes traders, distributors, and e-commerce sellers operating under Copper And Articles Thereof. Chapter 74 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Commencing trade in Copper Bars, Rods And Profiles - Of Copper Alloys : Other : Profiles : Other? Secure GST registration to handle taxes on HSN 74072929 classified goods. Businesses with international operations in Copper And Articles Thereof need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Proper use of HSN Code 74072929 for Copper Bars, Rods And Profiles - Of Copper Alloys : Other : Profiles : Other streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 74 – Copper And Articles Thereof through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
HSN Code 74072929 falls under Chapter 74 – Copper And Articles Thereof in the GST tariff schedule. This chapter covers various goods including Copper Bars, Rods And Profiles - Of Copper Alloys : Other : Profiles : Other.
Yes, IGST at 18.00% is applicable when Copper Bars, Rods And Profiles - Of Copper Alloys : Other : Profiles : Other is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.
Yes, e-commerce sellers dealing in Copper Bars, Rods And Profiles - Of Copper Alloys : Other : Profiles : Other must use HSN 74072929 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.