HSN Code 27160000: Electrical energy
HSN Code 27160000 represents Electrical energy under GST classification. This code helps businesses identify Electrical energy correctly for billing, taxation, and trade. With HSN Code 27160000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Electrical energy.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 27160000
HSN Code 27160000 relates to the following description.
India’s Trade Performance — HSN Code 27160000 in FY 2024-25
India’s Exports
FY 2024-25₹9,588 Cr
0.2605% of India’s total exports
India’s Imports
FY 2024-25₹1,809 Cr
0.0298% of India’s total imports
Trade Balance
FY 2024-25₹7,779 Cr
Surplus rank #41 of 12657 HSN codes
% of Sub-Chapter 2716
FY 2024-25100.00%
Share of Sub-Chapter 2716’s total exports in FY 2024-25
Import side: 100.00% of Sub-Chapter 2716’s imports
Rank Within Sub-Chapter 2716
FY 2024-25#1 of 1
Position by export value among HSN codes in Sub-Chapter 2716
Import-side rank: #1 of 1
At a glance
17.07%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#36
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+114.70%
Peak Growth Year
FY 2022-23 · strongest single-year move
100.00%
Contribution to Sub-Ch. 2716
Share of Sub-Chapter 2716 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 27160000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+2,763.42
Exports
3,724.35 ₹ Cr
0.1630% share
— YoY
100.00% of Sub-Ch. 2716
Imports
960.93 ₹ Cr
0.0268% share
— YoY
100.00% of Sub-Ch. 2716
Balance
+3,109.22
Exports
4,366.21 ₹ Cr
0.1984% share
+17.23% YoY
100.00% of Sub-Ch. 2716
Imports
1,256.99 ₹ Cr
0.0375% share
+30.81% YoY
100.00% of Sub-Ch. 2716
Balance
+2,618.53
Exports
4,478.00 ₹ Cr
0.2082% share
+2.56% YoY
100.00% of Sub-Ch. 2716
Imports
1,859.47 ₹ Cr
0.0638% share
+47.93% YoY
100.00% of Sub-Ch. 2716
Balance
+3,116.25
Exports
4,462.93 ₹ Cr
0.1422% share
−0.34% YoY
100.00% of Sub-Ch. 2716
Imports
1,346.68 ₹ Cr
0.0295% share
−27.58% YoY
100.00% of Sub-Ch. 2716
Balance
+8,238.32
Exports
9,581.72 ₹ Cr
0.2646% share
+114.70% YoY
100.00% of Sub-Ch. 2716
Imports
1,343.40 ₹ Cr
0.0234% share
−0.24% YoY
100.00% of Sub-Ch. 2716
Balance
+9,319.13
Exports
9,346.23 ₹ Cr
0.2583% share
−2.46% YoY
100.00% of Sub-Ch. 2716
Imports
27.10 ₹ Cr
0.0005% share
−97.98% YoY
100.00% of Sub-Ch. 2716
Balance
+7,779.46
Exports
9,588.48 ₹ Cr
0.2605% share
+2.59% YoY
100.00% of Sub-Ch. 2716
Imports
1,809.02 ₹ Cr
0.0298% share
+6,575.35% YoY
100.00% of Sub-Ch. 2716
CAGR · 7-Year
Exports
17.07% /yr
Imports
11.12% /yr
reference, FY 2024-25
Export
₹9,588.48 Cr
Import
₹1,809.02 Cr
Trade Balance
+7,779.46
Key Trade Insights: HSN Code 27160000 Export-Import Analysis
Consistent Export Growth: 17.07% CAGR Over 7 Years
India's exports under HSN Code 27160000 have grown at a compound annual rate of 17.07% over 7 fiscal years, rising from ₹3,724.35 Crore in FY 2018-19 to ₹9,588.48 Crore in FY 2024-25.
HSN Code 27160000 Ranked #36 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 27160000 ranks #36 out of 12657 HSN codes by total export value. Within Sub-Chapter 2716, it ranks #1 of 1. By trade surplus, it ranks #41 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 27160000 Exports
The strongest single-year export movement for HSN Code 27160000 was recorded in FY 2022-23, when exports surged by 114.70% over the prior year.
India Maintains a Trade Surplus of ₹7,779.46 Crore in HSN Code 27160000 Goods
In FY 2024-25, India's exports of ₹9,588.48 Cr exceeded imports of ₹1,809.02 Cr, resulting in a trade surplus of ₹7,779.46 Crore — ranking #41 of 12657 by surplus magnitude.
Import Growth of 11.12% CAGR Signals Rising Demand for Electrical energy
India's imports under HSN Code 27160000 have grown at 11.12% CAGR, reaching ₹1,809.02 Crore in FY 2024-25.
HSN Code 27160000 Contributes 100.00% of Sub-Chapter 2716 Exports — Ranked #1
Among the 1 HSN codes under Sub-Chapter 2716, HSN Code 27160000 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1).
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 27160000 and GST compliance.
What products are classified under HSN 27160000 ?
It includes Electrical energy
How should mixed supplies be billed when Electrical energy is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Electrical energy; Nil for exempt items if applicable).
Any common misclassification issue with Electrical energy?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
How much GST applies to Electrical energy?
Under HSN 27160000, Electrical energy attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Can we claim ITC on inputs used to trade Electrical energy?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Do e‑way bill and e‑invoice apply for Electrical energy?
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.