74191021 is the designated HSN classification for Other Articles Of Copper - Chain And Parts Thereof : Parts : Of Copper Chains, categorized under Chapter 74 – Copper And Articles Thereof in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Other Articles Of Copper - Chain And Parts Thereof : Parts : Of Copper Chains must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at N.a., SGST/UTGST at N.a. for local transactions, and IGST at N.a. for interstate supplies. Quantities are measured in N.a 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 74191021
Tax liability for Other Articles Of Copper - Chain And Parts Thereof : Parts : Of Copper Chains under HSN 74191021 varies by transaction geography. CGST at N.a. combined with SGST/UTGST at N.a. applies to local sales. Interstate movement attracts IGST at N.a.. All billing for Chapter 74 – Copper And Articles Thereof products must use N.a.
Who Should Use HSN Code 74191021?
Traders, manufacturers, and importers of Other Articles Of Copper - Chain And Parts Thereof : Parts : Of Copper Chains are required to mention HSN Code 74191021 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
Entering the Other Articles Of Copper - Chain And Parts Thereof : Parts : Of Copper Chains market requires essential registrations. GST registration enables legal tax collection on HSN 74191021 goods. For cross-border trade in Copper And Articles Thereof items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Correct HSN Code 74191021 application for Other Articles Of Copper - Chain And Parts Thereof : Parts : Of Copper Chains ensures smooth input credit utilization and assessment processes. Track N.a., N.a., and N.a. rate changes for Chapter 74 – Copper And Articles Thereof through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 74191021 should I mention on invoices?
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 74191021 for accurate classification of Other Articles Of Copper - Chain And Parts Thereof : Parts : Of Copper Chains.
Can I claim input tax credit on Other Articles Of Copper - Chain And Parts Thereof : Parts : Of Copper Chains purchases?
Yes, registered businesses can claim input tax credit on Other Articles Of Copper - Chain And Parts Thereof : Parts : Of Copper Chains purchases made under HSN 74191021. Ensure your supplier mentions correct HSN code and GST rates (N.a., N.a.) on the invoice.
What is the difference between CGST and IGST for HSN 74191021?
CGST at N.a. plus SGST/UTGST at N.a. applies when Other Articles Of Copper - Chain And Parts Thereof : Parts : Of Copper Chains is sold within the same state. IGST at N.a. is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Other Articles Of Copper - Chain And Parts Thereof : Parts : Of Copper Chains domestically?
No, Import Export Code is only required if you plan to import or export Other Articles Of Copper - Chain And Parts Thereof : Parts : Of Copper Chains internationally. For domestic trade within Copper And Articles Thereof, GST registration is sufficient.
