--- title: "HSN Code for Parts| Parts Of Watertube Boilers | HSN 84029020 GST Rate" description: "Find HSN and GST Rates for 84029020 related to Parts| Parts Of Watertube Boilers with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84029020/" --- # HSN Code 84029020: Parts| Parts Of Watertube Boilers - [Section 16: Guide to HSN Section 16](https://busy.in/hsn/section-16/) - [Chapter 84: Nuclear Reactors, Boilers & Machinery](https://busy.in/hsn/chapter-84/) - [Sub-chapter 8402: Vapor Generating Boilers](https://busy.in/hsn/sub-chapter-8402/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Parts: Parts of watertube boilers | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84029020 ? It includes Condensers for steam or other vapour power units ### How much GST applies to Parts/ Parts Of Watertube Boilers? Under HSN 84029020, Parts/ Parts Of Watertube Boilers attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Parts/ Parts Of Watertube Boilers? 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. ### Does packaging or labelling change the GST for Parts/ Parts Of Watertube Boilers? 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. ### How should mixed supplies be billed when Parts/ Parts Of Watertube Boilers is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Parts/ Parts Of Watertube Boilers; Nil for exempt items if applicable). ### Any common misclassification issue with Parts/ Parts Of Watertube Boilers? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Parts/ Parts Of Watertube Boilers? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 84029020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹174 Cr (+5.02% YoY) — 0.0047% of India's total exports - Imports: ₹124 Cr (+13.32% YoY) — 0.0020% of India's total imports - Trade balance: ₹50 Cr (Surplus); surplus rank #2167 of 12657 HSN codes - Share of Sub-Chapter 8402: 10.39% of its exports; import side 22.85% - Rank within Sub-Chapter 8402: #4 of 9 by export value; import-side #2 ### Key metrics - Export CAGR: 4.49% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1993 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +66.60% in FY 2021-22 - Contribution to Sub-Ch. 8402: 10.39% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84029020 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 8402 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8402 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 133.52 | 0.0058% | — | 4.69% | 4.28 | 0.0001% | — | 0.99% | +129.24 | #1700 | | FY 2019-20 | 111.80 | 0.0051% | −16.27% | 3.71% | 1.43 | 0.0000% | −66.59% | 0.46% | +110.37 | #1898 | | FY 2020-21 | 77.52 | 0.0036% | −30.66% | 5.74% | 2.06 | 0.0001% | +44.06% | 0.55% | +75.46 | #2360 | | FY 2021-22 | 129.15 | 0.0041% | +66.60% | 11.22% | 102.72 | 0.0022% | +4,886.41% | 22.93% | +26.43 | #2114 | | FY 2022-23 | 176.15 | 0.0049% | +36.39% | 11.45% | 39.52 | 0.0007% | −61.53% | 11.43% | +136.63 | #1863 | | FY 2023-24 | 165.46 | 0.0046% | −6.07% | 11.13% | 109.51 | 0.0020% | +177.10% | 20.99% | +55.95 | #2000 | | FY 2024-25 | 173.77 | 0.0047% | +5.02% | 10.39% | 124.10 | 0.0020% | +13.32% | 22.85% | +49.67 | #1993 | - CAGR (7-year): exports 4.49%/yr, imports 75.28%/yr (consistently Surplus) ## Key trade insights: HSN Code 84029020 export-import analysis ### Consistent export growth: 4.49% CAGR over 7 years India's exports under HSN Code 84029020 have grown at a compound annual rate of 4.49% over 7 fiscal years, rising from ₹133.52 Crore in FY 2018-19 to ₹173.77 Crore in FY 2024-25. ### HSN Code 84029020 ranked #1993 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84029020 ranks #1993 out of 12657 HSN codes by total export value. Within Sub-Chapter 8402, it ranks #4 of 9. By trade surplus, it ranks #2167 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 84029020 exports The strongest single-year export movement for HSN Code 84029020 was recorded in FY 2021-22, when exports surged by 66.60% over the prior year. ### India maintains a trade surplus of ₹49.67 Crore in HSN Code 84029020 goods In FY 2024-25, India's exports of ₹173.77 Cr exceeded imports of ₹124.10 Cr, resulting in a trade surplus of ₹49.67 Crore — ranking #2167 of 12657 by surplus magnitude. ### Import growth of 75.28% CAGR signals rising demand for Parts| Parts Of Watertube Boilers India's imports under HSN Code 84029020 have grown at 75.28% CAGR, reaching ₹124.10 Crore in FY 2024-25. ### HSN Code 84029020 contributes 10.39% of Sub-Chapter 8402 exports — ranked #4 Among the 9 HSN codes under Sub-Chapter 8402, HSN Code 84029020 ranks #4 by export value — accounting for 10.39% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 22.85% share (rank #2). ## Related HSN Codes in Sub-Chapter 8402 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84021100: Nuclear Reactors and Boilers](https://busy.in/hsn/hsn-84021100/) | ₹448 Cr | | #2 | [HSN Code 84029090: Parts of Boilers and Nuclear Reactors](https://busy.in/hsn/hsn-84029090/) | ₹428 Cr | | #3 | [HSN Code 84021200: Water Tube Boilers (≤45 t/h Steam)](https://busy.in/hsn/hsn-84021200/) | ₹348 Cr | | #4 | HSN Code 84029020: Parts\| Parts Of Watertube Boilers (this hsn code) | ₹174 Cr | | #5 | [HSN Code 84021990: Other Non-Electric Vapour Generating Boilers](https://busy.in/hsn/hsn-84021990/) | ₹88 Cr | | #6 | [HSN Code 84021910: Horizontal Fire Tube (Lancashire) Boilers](https://busy.in/hsn/hsn-84021910/) | ₹76 Cr | | #7 | [HSN Code 84021920: Vertical Fire Tube Boilers](https://busy.in/hsn/hsn-84021920/) | ₹63 Cr | | #8 | [HSN Code 84029010: Parts\| Parts Of Fire Tube Boilers](https://busy.in/hsn/hsn-84029010/) | ₹43 Cr | | #9 | [HSN Code 84022000: Super-Heated Water Boilers](https://busy.in/hsn/hsn-84022000/) | ₹5 Cr |