Chapter 74 of the GST framework covers Copper And Articles Thereof, and HSN Code 74198050 specifically identifies Copper And Articles Thereof~Other Articles Of Copper~Other~Copper Chain for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Copper And Articles Thereof~Other Articles Of Copper~Other~Copper Chain. Tax rates applicable include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00% 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 74198050
Tax liability for Copper And Articles Thereof~Other Articles Of Copper~Other~Copper Chain under HSN 74198050 varies by transaction geography. CGST at 9.00% combined with SGST/UTGST at 9.00% applies to local sales. Interstate movement attracts IGST at 18.00%. All billing for Chapter 74 – Copper And Articles Thereof products must use kg..
Who Should Use HSN Code 74198050?
All businesses supplying Copper And Articles Thereof~Other Articles Of Copper~Other~Copper Chain are obligated to use HSN 74198050 on tax invoices. From producers to retailers within Copper And Articles Thereof, Chapter 74 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Commencing trade in Copper And Articles Thereof~Other Articles Of Copper~Other~Copper Chain? Secure GST registration to handle taxes on HSN 74198050 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
Accurate application of HSN Code 74198050 for Copper And Articles Thereof~Other Articles Of Copper~Other~Copper Chain enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 74 – Copper And Articles Thereof should monitor rate updates (9.00%, 9.00%, 18.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 74198050 belong to?
HSN Code 74198050 falls under Chapter 74 – Copper And Articles Thereof in the GST tariff schedule. This chapter covers various goods including Copper And Articles Thereof~Other Articles Of Copper~Other~Copper Chain.
Is IGST applicable on Copper And Articles Thereof~Other Articles Of Copper~Other~Copper Chain?
Yes, IGST at 18.00% is applicable when Copper And Articles Thereof~Other Articles Of Copper~Other~Copper Chain is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.
Can e-commerce sellers use HSN Code 74198050?
Yes, e-commerce sellers dealing in Copper And Articles Thereof~Other Articles Of Copper~Other~Copper Chain must use HSN 74198050 on their invoices. This applies to all online platforms operating under Copper And Articles Thereof classification.
How do I start an import business for Copper And Articles Thereof goods?
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.
