HSN Code 82042000: Interchangeable spanner sockets

HSN Code 82042000 represents Interchangeable spanner sockets under GST classification. This code helps businesses identify Interchangeable spanner sockets correctly for billing, taxation, and trade. With HSN Code 82042000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Interchangeable spanner sockets.

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Description of Goods for HSN Code 82042000

HSN Code 82042000 relates to the following description.

Description of Goods

Interchangeable spanner sockets, with or without handles

Chapter

82 - Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal

Sub Chapter

8204 - Hand-operated spanners and wrenches (including torque meter wrenches but not including tap wrenches); interchangeable spanner sockets, with or without handles

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 82042000 not include?

Interchangeable spanner sockets does not include products with the following descriptions.

India’s Trade Performance — HSN Code 82042000 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹28 Cr

+20.63% vs FY 2023-24

0.0008% of India’s total exports

India’s Imports

FY 2024-25

₹138 Cr

+22.14% vs FY 2023-24

0.0023% of India’s total imports

Trade Balance

FY 2024-25

−₹110 Cr

Trade Deficit

Surplus rank #10874 of 12657 HSN codes

% of Sub-Chapter 8204

FY 2024-25

1.90%

Share of Sub-Chapter 8204’s total exports in FY 2024-25

Import side: 36.84% of Sub-Chapter 8204’s imports

Rank Within Sub-Chapter 8204

FY 2024-25

#4 of 5

Position by export value among HSN codes in Sub-Chapter 8204

Import-side rank: #1 of 5

At a glance

18.19%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#4434

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+89.27%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.90%

Contribution to Sub-Ch. 8204

Share of Sub-Chapter 8204 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 82042000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #4966

Balance

−61.14

Exports

10.21 ₹ Cr

0.0004% share

YoY

1.05% of Sub-Ch. 8204

Imports

71.35 ₹ Cr

0.0020% share

YoY

32.24% of Sub-Ch. 8204

FY 2019-20 Exp. Rank #4894

Balance

−61.31

Exports

10.91 ₹ Cr

0.0005% share

+6.86% YoY

1.12% of Sub-Ch. 8204

Imports

72.22 ₹ Cr

0.0022% share

+1.22% YoY

34.33% of Sub-Ch. 8204

FY 2020-21 Exp. Rank #4945

Balance

−50.31

Exports

11.00 ₹ Cr

0.0005% share

+0.82% YoY

1.07% of Sub-Ch. 8204

Imports

61.31 ₹ Cr

0.0021% share

−15.11% YoY

31.49% of Sub-Ch. 8204

FY 2021-22 Exp. Rank #4544

Balance

−72.42

Exports

20.82 ₹ Cr

0.0007% share

+89.27% YoY

1.41% of Sub-Ch. 8204

Imports

93.24 ₹ Cr

0.0020% share

+52.08% YoY

34.81% of Sub-Ch. 8204

FY 2022-23 Exp. Rank #4405

Balance

−93.16

Exports

24.98 ₹ Cr

0.0007% share

+19.98% YoY

1.84% of Sub-Ch. 8204

Imports

118.14 ₹ Cr

0.0021% share

+26.71% YoY

40.17% of Sub-Ch. 8204

FY 2023-24 Exp. Rank #4563

Balance

−90.14

Exports

23.07 ₹ Cr

0.0006% share

−7.65% YoY

1.80% of Sub-Ch. 8204

Imports

113.21 ₹ Cr

0.0020% share

−4.17% YoY

33.62% of Sub-Ch. 8204

FY 2024-25 Exp. Rank #4434

Balance

−110.45

Exports

27.83 ₹ Cr

0.0008% share

+20.63% YoY

1.90% of Sub-Ch. 8204

Imports

138.28 ₹ Cr

0.0023% share

+22.14% YoY

36.84% of Sub-Ch. 8204

CAGR · 7-Year

Exports

18.19% /yr

Imports

11.66% /yr

Consistently Deficit
Sub-Chapter 8204 total

reference, FY 2024-25

Export

₹1,461.07 Cr

Import

₹375.40 Cr

Trade Balance

+1,085.67

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 82042000 Export-Import Analysis

Consistent Export Growth: 18.19% CAGR Over 7 Years

India's exports under HSN Code 82042000 have grown at a compound annual rate of 18.19% over 7 fiscal years, rising from ₹10.21 Crore in FY 2018-19 to ₹27.83 Crore in FY 2024-25.

HSN Code 82042000 Ranked #4434 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 82042000 ranks #4434 out of 12657 HSN codes by total export value. Within Sub-Chapter 8204, it ranks #4 of 5. By trade surplus, it ranks #10874 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 82042000 Exports

The strongest single-year export movement for HSN Code 82042000 was recorded in FY 2021-22, when exports surged by 89.27% over the prior year.

India Records a Trade Deficit of ₹110.45 Crore in HSN Code 82042000 Goods

In FY 2024-25, India's imports of ₹138.28 Cr exceeded exports of ₹27.83 Cr, resulting in a trade deficit of ₹110.45 Crore — ranking #10874 of 12657 by surplus magnitude.

Import Growth of 11.66% CAGR Signals Rising Demand for Interchangeable spanner sockets

India's imports under HSN Code 82042000 have grown at 11.66% CAGR, reaching ₹138.28 Crore in FY 2024-25.

HSN Code 82042000 Contributes 1.90% of Sub-Chapter 8204 Exports — Ranked #4

Among the 5 HSN codes under Sub-Chapter 8204, HSN Code 82042000 ranks #4 by export value — accounting for 1.90% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 36.84% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 82042000 and GST compliance.

What products are classified under HSN 82042000 ?

It includes Screwdrivers

Any common misclassification issue with Interchangeable spanner sockets?

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 Interchangeable spanner sockets?

Under HSN 82042000, Interchangeable spanner sockets attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Interchangeable spanner sockets?

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.

How should mixed supplies be billed when Interchangeable spanner sockets is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Interchangeable spanner sockets; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Interchangeable spanner sockets?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.