What is HSN Code 74040012?
HSN code 74040012 is the Harmonized System of Nomenclature classification for Copper Scrap, Namely The Following :Copper Wire Scrap Covered By Isri Code Words Barley,… under India's Goods and Services Tax (GST). It is a 8-digit code sitting at the tariff item (8-digit) level of the HSN hierarchy.
This code belongs to Chapter 74 — Copper And Articles Thereof, which is part of Section XV: Base Metals & Articles Thereof. Every GST-registered business supplying copper scrap, namely the following :copper wire scrap covered by isri code words barley,… must quote HSN 74040012 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.