HSN Code 74040023 -- – Copper waste and scrap – copper waste and scrap— of copper alloys —-nickel s (GST Rate 18%)

HSN Code 74040023

Copper waste and scrap - copper waste and scrap--- of copper alloys ----nickel silver scrap namely the following: mixed new nickel silver clippings covered by isri code word 'maize', new nickel silver clippings covered by isri code word 'major', new segregated nickel silver clippings covered by isri code word 'malar', old nickel silver covered by isri code word 'malic', nickel silver castings covered by isri code word 'naggy', nickel silver turnings covered by isri code word 'niece'

HSN74040023

Copper waste and scrap - copper waste and scrap--- of copper alloys ----nickel silver scrap namely the following: mixed new nickel silver clippings covered by isri code word 'maize', new nickel silver clippings covered by isri code word 'major', new segregated nickel silver clippings covered by isri code word 'malar', old nickel silver covered by isri code word 'malic', nickel silver castings covered by isri code word 'naggy', nickel silver turnings covered by isri code word 'niece'

18%
IGST
Schedule II
CGST9%
SGST/UTGST9%
CessNil
Heading: 7404
Subheading: 740400
Source: Notification No. 9/2025 - Central Tax (Rate)
Effective from: 2025-09-22
Last verified: 2026-06-03

When does this rate apply?

Use this HSN Code on tax invoices when supplying Copper waste and scrap - copper waste and scrap--- of copper alloys ----nickel s. GST is charged at 18% (IGST for inter-state, or CGST 9% + SGST 9% for intra-state). If the supply is exported under LUT, the rate is zero with no IGST charged.

This page is reviewed by CA Tirumalesh. For high-value or unusual transactions, confirm with the latest CBIC notification or consult a chartered accountant before invoicing.

Frequently asked questions

What is HSN Code 74040023?
HSN Code 74040023 is the official Harmonized System of Nomenclature code for Copper waste and scrap - copper waste and scrap--- of copper alloys ----nickel silver scrap namely the following: mixed , as per the CBIC GST rate schedule.
What is the GST rate for HSN Code 74040023?
HSN Code 74040023 attracts GST at 18% (IGST). For intra-state supplies, this is split as CGST 9% + SGST 9%. As per Notification No. 9/2025 - Central Tax (Rate).
Which chapter does HSN Code 74040023 belong to?
HSN Code 74040023 falls under Chapter 74 -- Copper and articles thereof of the GST tariff.
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