Chapter 74 of the GST framework covers Copper And Articles Thereof, and HSN Code 74099000 specifically identifies Copper Plates, Sheets And Strip, Of A Thickness Exceeding 0.15 Mm - Of Other Copper Alloys for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Copper Plates, Sheets And Strip, Of A Thickness Exceeding 0.15 Mm - Of Other Copper Alloys. Tax rates applicable include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18 for interstate movements. The standard unit of measurement is 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 74099000
For Copper Plates, Sheets And Strip, Of A Thickness Exceeding 0.15 Mm - Of Other Copper Alloys classified under HSN Code 74099000, tax computation follows GST principles. CGST at 0.09 plus SGST/UTGST at 0.09 covers intrastate sales. IGST at 0.18 applies to interstate transactions. kg. is the prescribed measurement for Copper And Articles Thereof under Chapter 74.
Who Should Use HSN Code 74099000?
Manufacturers, wholesalers, retailers, and exporters dealing in Copper Plates, Sheets And Strip, Of A Thickness Exceeding 0.15 Mm - Of Other Copper Alloys are required to mention HSN 74099000 on all tax documents. This classification under Copper And Articles Thereof applies to businesses of all sizes operating within Chapter 74. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Commencing trade in Copper Plates, Sheets And Strip, Of A Thickness Exceeding 0.15 Mm - Of Other Copper Alloys? Secure GST registration to handle taxes on HSN 74099000 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 74099000 for Copper Plates, Sheets And Strip, Of A Thickness Exceeding 0.15 Mm - Of Other Copper Alloys streamlines audit processes and supports valid credit claims. Stay updated on 0.09, 0.09, and 0.18 rates for Chapter 74 – Copper And Articles Thereof through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 74099000 for accurate classification of Copper Plates, Sheets And Strip, Of A Thickness Exceeding 0.15 Mm - Of Other Copper Alloys.
Yes, registered businesses can claim input tax credit on Copper Plates, Sheets And Strip, Of A Thickness Exceeding 0.15 Mm - Of Other Copper Alloys purchases made under HSN 74099000. Ensure your supplier mentions correct HSN code and GST rates (0.09, 0.09) on the invoice.
CGST at 0.09 plus SGST/UTGST at 0.09 applies when Copper Plates, Sheets And Strip, Of A Thickness Exceeding 0.15 Mm - Of Other Copper Alloys is sold within the same state. IGST at 0.18 is charged when goods move across state borders or are imported.
No, Import Export Code is only required if you plan to import or export Copper Plates, Sheets And Strip, Of A Thickness Exceeding 0.15 Mm - Of Other Copper Alloys internationally. For domestic trade within Copper And Articles Thereof, GST registration is sufficient.