HSN Code 84042000: Condensers for steam or other vapour power units

HSN Code 84042000 represents Condensers for steam or other vapour power units under GST classification. This code helps businesses identify Condensers for steam or other vapour power units correctly for billing, taxation, and trade. With HSN Code 84042000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Condensers for steam or other vapour power units.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 84042000

HSN Code 84042000 relates to the following description.

Description of Goods

Condensers for steam or other vapour power units

Chapter

84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

Sub Chapter

8404 - Auxiliary plant for use with boilers of heading 8402 or 8403 (for example, economisers, super-heaters, soot removers, gas recoverers); condensers for steam or other vapour power units

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84042000 not include?

Condensers for steam or other vapour power units does not include products with the following descriptions.

India’s Trade Performance — HSN Code 84042000 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

₹93 Cr

+57.58% vs FY 2023-24

0.0025% of India’s total exports

India’s Imports

FY 2024-25

₹79 Cr

+22.84% vs FY 2023-24

0.0013% of India’s total imports

Trade Balance

FY 2024-25

₹14 Cr

Trade Surplus

Surplus rank #3071 of 12657 HSN codes

% of Sub-Chapter 8404

FY 2024-25

23.06%

Share of Sub-Chapter 8404’s total exports in FY 2024-25

Import side: 51.86% of Sub-Chapter 8404’s imports

Rank Within Sub-Chapter 8404

FY 2024-25

#2 of 3

Position by export value among HSN codes in Sub-Chapter 8404

Import-side rank: #1 of 3

At a glance

−7.20%

Export CAGR

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

#2753

National Export Rank

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

+57.58%

Peak Growth Year

FY 2024-25 · strongest single-year move

23.06%

Contribution to Sub-Ch. 8404

Share of Sub-Chapter 8404 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #1621

Balance

+128.16

Exports

145.48 ₹ Cr

0.0064% share

YoY

19.54% of Sub-Ch. 8404

Imports

17.32 ₹ Cr

0.0005% share

YoY

13.27% of Sub-Ch. 8404

FY 2019-20 Exp. Rank #1863

Balance

+113.08

Exports

114.95 ₹ Cr

0.0052% share

−20.99% YoY

17.52% of Sub-Ch. 8404

Imports

1.87 ₹ Cr

0.0001% share

−89.20% YoY

0.47% of Sub-Ch. 8404

FY 2020-21 Exp. Rank #2578

Balance

−17.95

Exports

64.95 ₹ Cr

0.0030% share

−43.50% YoY

10.25% of Sub-Ch. 8404

Imports

82.90 ₹ Cr

0.0028% share

+4,333.16% YoY

23.04% of Sub-Ch. 8404

FY 2021-22 Exp. Rank #2818

Balance

+34.92

Exports

73.35 ₹ Cr

0.0023% share

+12.93% YoY

17.73% of Sub-Ch. 8404

Imports

38.43 ₹ Cr

0.0008% share

−53.64% YoY

41.13% of Sub-Ch. 8404

FY 2022-23 Exp. Rank #3228

Balance

+56.08

Exports

60.22 ₹ Cr

0.0017% share

−17.90% YoY

18.38% of Sub-Ch. 8404

Imports

4.14 ₹ Cr

0.0001% share

−89.23% YoY

6.15% of Sub-Ch. 8404

FY 2023-24 Exp. Rank #3301

Balance

−5.10

Exports

58.96 ₹ Cr

0.0016% share

−2.09% YoY

12.12% of Sub-Ch. 8404

Imports

64.06 ₹ Cr

0.0011% share

+1,447.34% YoY

29.56% of Sub-Ch. 8404

FY 2024-25 Exp. Rank #2753

Balance

+14.22

Exports

92.91 ₹ Cr

0.0025% share

+57.58% YoY

23.06% of Sub-Ch. 8404

Imports

78.69 ₹ Cr

0.0013% share

+22.84% YoY

51.86% of Sub-Ch. 8404

CAGR · 7-Year

Exports

−7.20% /yr

Imports

28.70% /yr

Consistently Surplus
Sub-Chapter 8404 total

reference, FY 2024-25

Export

₹402.92 Cr

Import

₹151.73 Cr

Trade Balance

+251.19

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

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).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 84042000 and GST compliance.

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.

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.