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HSN CODE - 74050000 : MASTER ALLOYS OF COPPER

HSN CODE Description Policy
7405COPPER WASTE AND SCRAP
740500Of copper alloys
74050000MASTER ALLOYS OF COPPERFree

Harmonised System of Nomenclature (HSN Codes) 74050000 are used for the MASTER ALLOYS OF 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 74050000

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

Next two digits (05) represent the heading number which is COPPER WASTE AND SCRAP

Next two digits (00) represent the product code which is Of copper alloys

Last two digits (00) are for final or deeper classification which is MASTER ALLOYS OF COPPER

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