What product does HS code 74040024 refer to?

HS 74040024 falls under Chapter 74 (Copper and articles), heading 7404 (Copper waste and scrap). Specifically: Bronze scrap, including the following: manganese bronze solids covered ISRI code word ‘Parch’; High lead bronze solids a.

What documents are required to import HS 74040024 into India?

Typically required: commercial invoice, packing list, bill of lading / airway bill, certificate of origin (for preferential rates). This HS has 1 additional permit / restriction requirement(s) — see detail page.Confirm latest requirements with CBIC / DGFT ITC-HS 2025-26.

How to calculate landed cost for importing HS 74040024 into India?

Use CIF (goods + freight + insurance) × 2.5 = import duty. Then add IGST 18 = landed cost. Treayo provides an online calculator at https://treayo.com/en/calculator/india.

WCO classification path

Chapter74Copper and articles
Heading7404Copper waste and scrap
Subheading740400Copper waste and scrap
National74040024Bronze scrap, including the following: manganese bronze solids covered ISRI code word ‘Parch’; High lead bronze solids and borings covered by ISRI code word ‘Elias’

74040024

ACTIVE

What is the India import tariff for HS 74040024 (Bronze scrap, including the following: manganese b)?

Quick answer: India Basic Customs Duty for HS 74040024 is 2.5, plus IGST 18. 1 import permit / restriction(s) apply.

"Bronze scrap, including the following: manganese bronze solids covered ISRI code word ‘Parch’; High lead bronze solids and borings covered by ISRI code word ‘Elias’"

HS code 74040024 (Chapter 74 "Copper and articles"; Heading 7404 "Copper waste and scrap"; Subheading 740400 "Copper waste and scrap") under the India tariff schedule classifies "Bronze scrap, including the following: manganese bronze solids covered ISRI code word ‘Parch’; High lead bronze solids and borings covered by ISRI code word ‘Elias’". India customs apply Basic Customs Duty of 2.5, IGST 18. Statutory unit of measure: kg. This commodity is subject to 1 import regulation or restriction; see compliance section below.

Tariff Schedule

Classification	Rate	Legal
基本关税 (BCD) Basic Customs Duty	2.5	Official tariff schedule
IGST IGST	18	Official tariff schedule
社会福利附加税 SWS	0.25	Official tariff schedule
综合税负 Total duty	21.245	Official tariff schedule