--- title: "HSN Code for Condensers for steam or other vapour power units | HSN 84042000 GST Rate" description: "Find HSN and GST Rates for 84042000 related to Condensers for steam or other vapour power units with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84042000/" --- # HSN Code 84042000: Condensers for steam or other vapour power units - [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 8404: Boiler auxiliary plant](https://busy.in/hsn/sub-chapter-8404/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Condensers for steam or other vapour power units | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84042000 ? It includes Parts ### Any common misclassification issue with Condensers for steam or other vapour power units? 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 Condensers for steam or other vapour power units? Under HSN 84042000, Condensers for steam or other vapour power units attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Condensers for steam or other vapour power units? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Condensers for steam or other vapour power units? 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 Condensers for steam or other vapour power units is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Condensers for steam or other vapour power units; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Condensers for steam or other vapour power units? 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. ## India's trade performance: HSN Code 84042000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹93 Cr (+57.58% YoY) — 0.0025% of India's total exports - Imports: ₹79 Cr (+22.84% YoY) — 0.0013% of India's total imports - Trade balance: ₹14 Cr (Surplus); surplus rank #3071 of 12657 HSN codes - Share of Sub-Chapter 8404: 23.06% of its exports; import side 51.86% - Rank within Sub-Chapter 8404: #2 of 3 by export value; import-side #1 ### Key metrics - Export CAGR: -7.20% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2753 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +57.58% in FY 2024-25 - Contribution to Sub-Ch. 8404: 23.06% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84042000 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. 8404 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8404 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 145.48 | 0.0064% | — | 19.54% | 17.32 | 0.0005% | — | 13.27% | +128.16 | #1621 | | FY 2019-20 | 114.95 | 0.0052% | −20.99% | 17.52% | 1.87 | 0.0001% | −89.20% | 0.47% | +113.08 | #1863 | | FY 2020-21 | 64.95 | 0.0030% | −43.50% | 10.25% | 82.90 | 0.0028% | +4,333.16% | 23.04% | −17.95 | #2578 | | FY 2021-22 | 73.35 | 0.0023% | +12.93% | 17.73% | 38.43 | 0.0008% | −53.64% | 41.13% | +34.92 | #2818 | | FY 2022-23 | 60.22 | 0.0017% | −17.90% | 18.38% | 4.14 | 0.0001% | −89.23% | 6.15% | +56.08 | #3228 | | FY 2023-24 | 58.96 | 0.0016% | −2.09% | 12.12% | 64.06 | 0.0011% | +1,447.34% | 29.56% | −5.10 | #3301 | | FY 2024-25 | 92.91 | 0.0025% | +57.58% | 23.06% | 78.69 | 0.0013% | +22.84% | 51.86% | +14.22 | #2753 | - CAGR (7-year): exports -7.20%/yr, imports 28.70%/yr (consistently Surplus) ## Key trade insights: HSN Code 84042000 export-import analysis ### Export decline: -7.20% CAGR over 7 years India's exports under HSN Code 84042000 have declined at a compound annual rate of -7.20% over 7 fiscal years, falling from ₹145.48 Crore in FY 2018-19 to ₹92.91 Crore in FY 2024-25. ### HSN Code 84042000 ranked #2753 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84042000 ranks #2753 out of 12657 HSN codes by total export value. Within Sub-Chapter 8404, it ranks #2 of 3. By trade surplus, it ranks #3071 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 84042000 exports The strongest single-year export movement for HSN Code 84042000 was recorded in FY 2024-25, when exports surged by 57.58% over the prior year. ### India maintains a trade surplus of ₹14.22 Crore in HSN Code 84042000 goods In FY 2024-25, India's exports of ₹92.91 Cr exceeded imports of ₹78.69 Cr, resulting in a trade surplus of ₹14.22 Crore — ranking #3071 of 12657 by surplus magnitude. ### Import growth of 28.70% CAGR signals rising demand for Condensers for steam or other vapour power units India's imports under HSN Code 84042000 have grown at 28.70% CAGR, reaching ₹78.69 Crore in FY 2024-25. ### HSN Code 84042000 contributes 23.06% of Sub-Chapter 8404 exports — ranked #2 Among the 3 HSN codes under Sub-Chapter 8404, HSN Code 84042000 ranks #2 by export value — accounting for 23.06% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 51.86% share (rank #1). ## Related HSN Codes in Sub-Chapter 8404 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84049000: Parts of Auxiliary Machinery](https://busy.in/hsn/hsn-84049000/) | ₹235 Cr | | #2 | HSN Code 84042000: Condensers for steam or other vapour power units (this hsn code) | ₹93 Cr | | #3 | [HSN Code 84041000: Auxiliary plants for boilers](https://busy.in/hsn/hsn-84041000/) | ₹75 Cr |