Smelters and refiners recover copper from wire and cable scrap.
HSN code 74040012 is classified as Free under India's DGFT ITC(HS) export policy — no export license is required.
This product may be freely exported/imported from India without a license.
HSN Code Details
Copper waste and scrap of copper, covered by ISRI code words such as Cliff (insulated wire scrap) and Clove, Cobra and Cocoa (copper wire nodules).
Scrap trade requires ISRI grade, copper content, moisture and contaminant limits; preshipment inspection and radiation checks are common, and some countries need import permits.
Related HSN Codes (Heading 7404)
- 7404Copper waste and scrapFree
- 740400Copper waste and scrapFree
- 74040011discharged cartridges of all bores and sizesRestricted
- 74040019Of copper: ----Other Condition (2) belowRestricted
- 74040021Of copper alloys: ----Empty or discharged cartridges of all bores and sizes, including the following: clean fired 70/30 brass shells of bullets, iron and any other foreign materialRestricted
- 74040022word Ebony; Red brass composition turnings scrap covered by ISRI code word Enerv; Genuine babbit-lined brass bushings scrap covered by ISRI code word Elder;Free
Frequently Asked Questions
No. HSN 74040012 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
It is copper wire scrap graded by ISRI code and sold to smelters.
HSN 74040012 falls under Chapter 74 and Heading 7404 of India's customs tariff schedule.
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