Wire-bars

Refined copper wire-bars, unwrought

DGFT CLEARANCE

HSN 7403 12 00 (Wire-bars) is subject to ITC (HS) import policy condition no. 2 of Chapter 74, administered by the Directorate General of Foreign Trade (DGFT). Imports of copper products under Chapter 74 are additionally governed by the DGFT-administered Tariff Rate Quota (TRQ) regime under the revised India-Nepal Treaty, with DGFT designated as the authority for allocation and monitoring of 10,000 MT of copper products for FY 2023-24 under Para 2.92 of the Handbook of Procedures, 2023.

What this is

HSN code

7403 12 00

Chapter

74 · Copper and articles thereof

Primary regulator

DGFT · ITC (HS) policy condition no. 2, Chapter 74; TRQ under revised India-Nepal Treaty

Customs documentation

TRQ allocation letter from DGFT
ITC (HS) policy compliance from DGFT
Import declaration to CBIC

Compliance steps

1
Verify and comply with ITC (HS) import policy condition no. 2 of Chapter 74 before filing the bill of entry. Any import not conforming to the stated policy condition is treated as a Restricted-import breach and is liable to confiscation under the Foreign Trade (Development and Regulation) Act.
ITC (HS) policy condition no. 2 of Chapter 74
2
If importing under the India-Nepal Treaty TRQ, obtain a DGFT TRQ allocation letter in accordance with the procedure under DGFT Public Notice 17/2023 dated 22-06-2023, paragraphs (i) to (xv), and Para 2.92 of the Handbook of Procedures, 2023. The TRQ covers 10,000 MT of copper products under Chapter 74 and CTH 8544 for FY 2023-24.
DGFT Public Notice 17/2023 dated 22-06-2023 · Para 2.92 of the Handbook of Procedures, 2023

A word of counsel

The most common error on this tariff line is importing copper wire-bars at general Restricted-policy rates without first determining whether the consignment qualifies — and is capped — under the India-Nepal Treaty TRQ allocation. TRQ volumes are finite and DGFT-monitored: shipments arriving after the 10,000 MT FY ceiling is exhausted without a general-policy licence attract consignment detention and potential confiscation. Confirm TRQ availability and obtain the DGFT allocation letter before the purchase order is placed.

Need a regulatory steer on this product?

Speak to a regulatory counsel about your specific HSN, IS, and supplier situation.

Speak to an Expert

Frequently asked

Does HSN 7403 12 00 require BIS certification?

No, refined copper wire-bars are not covered by any BIS Quality Control Order. Import is governed solely by the ITC (HS) policy condition no. 2 of Chapter 74 and the DGFT-administered TRQ regime under the revised India-Nepal Treaty.

Which paragraphs of DGFT Public Notice 17/2023 must be complied with for TRQ imports?

Paragraphs (i) to (xv) of DGFT Public Notice 17/2023 dated 22-06-2023 set out the full allocation and monitoring procedure; compliance with all fifteen sub-paragraphs is mandatory, and Para 2.92 of the Handbook of Procedures, 2023 provides the overarching procedural framework.

Does the TRQ for copper products under Chapter 74 apply to all CTHs in the chapter?

The TRQ of 10,000 MT for FY 2023-24 covers copper products under Chapter 74 and CTH 8544, as notified by DGFT; importers of wire-bars under CTH 7403 12 00 must confirm their specific CTH falls within the allocated TRQ scope before shipment.

Last verified against gazette notifications: 2026-05-16. Source: DGFT / Indian Customs CUSDATA.