74130000 is the designated HSN classification for Stranded Wire, Cables, Plated Bands And The Like, Of Copper, Not Electrically Insulated, categorized under Chapter 74 – Copper And Articles Thereof in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Stranded Wire, Cables, Plated Bands And The Like, Of Copper, Not Electrically Insulated must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Quantities are measured in 0 for billing purposes.
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 74130000
The tax structure for Stranded Wire, Cables, Plated Bands And The Like, Of Copper, Not Electrically Insulated under HSN Code 74130000 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. All invoices must record quantities in 0 as the standard measurement for goods under Chapter 74 – Copper And Articles Thereof.
Who Should Use HSN Code 74130000?
Traders, manufacturers, and importers of Stranded Wire, Cables, Plated Bands And The Like, Of Copper, Not Electrically Insulated are required to mention HSN Code 74130000 on all GST documents. This Copper And Articles Thereof classification under Chapter 74 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Looking to deal in Stranded Wire, Cables, Plated Bands And The Like, Of Copper, Not Electrically Insulated? GST registration is your first compliance requirement for HSN 74130000 goods. International traders in Copper And Articles Thereof products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Accurate application of HSN Code 74130000 for Stranded Wire, Cables, Plated Bands And The Like, Of Copper, Not Electrically Insulated enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 74 – Copper And Articles Thereof should monitor rate updates (0.09, 0.09, 0.18) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Stranded Wire, Cables, Plated Bands And The Like, Of Copper, Not Electrically Insulated under HSN Code 74130000 is 0. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Stranded Wire, Cables, Plated Bands And The Like, Of Copper, Not Electrically Insulated must use HSN 74130000 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 74130000 for Copper And Articles Thereof goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Stranded Wire, Cables, Plated Bands And The Like, Of Copper, Not Electrically Insulated under Copper And Articles Thereof. This registration links your bank account to process foreign currency payments from overseas buyers.