HSN CODE - 74031200 : WIRE-BARS OF REFINED COPPER

Harmonised System of Nomenclature (HSN Codes) 74031200 are used for the WIRE-BARS OF REFINED COPPER products under Goods and Service Tax classification.

India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.

Understanding HSN Code 74031200

First two digits (74) represent the chapter number which is Chapter 74 - Copper and articles thereof

Next two digits (03) represent the heading number which is REFINED COPPER AND COPPER ALLOYS, UNWROUGHT

Next two digits (12) represent the product code which is Refined copper

Last two digits (00) are for final or deeper classification which is WIRE-BARS OF REFINED COPPER

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.