--- title: "HSN Code for Turbines For Marine Propulsion | HSN 84061000 GST Rate" description: "Find HSN and GST Rates for 84061000 related to Turbines For Marine Propulsion with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84061000/" --- # HSN Code 84061000: Turbines For Marine Propulsion - [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 8406: Steam & vapour turbines](https://busy.in/hsn/sub-chapter-8406/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Turbines for marine propulsion | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84061000 ? It includes Marine propulsion engines: Outboard motors ### Any common misclassification issue with Turbines For Marine Propulsion? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Turbines For Marine Propulsion? 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 Turbines For Marine Propulsion? 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. ### Can we claim ITC on inputs used to trade Turbines For Marine Propulsion? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Turbines For Marine Propulsion is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Turbines For Marine Propulsion; Nil for exempt items if applicable). ### How much GST applies to Turbines For Marine Propulsion? Under HSN 84061000, Turbines For Marine Propulsion attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 84061000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2 Cr (+14.90% YoY) — 0.0001% of India's total exports - Imports: ₹10 Cr (−82.66% YoY) — 0.0002% of India's total imports - Trade balance: −₹8 Cr (Deficit); surplus rank #8875 of 12657 HSN codes - Share of Sub-Chapter 8406: 0.19% of its exports; import side 1.33% - Rank within Sub-Chapter 8406: #4 of 4 by export value; import-side #3 ### Key metrics - Export CAGR: -23.65% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7440 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,858.82% in FY 2022-23 - Contribution to Sub-Ch. 8406: 0.19% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84061000 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. 8406 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8406 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 12.07 | 0.0005% | — | 0.68% | < ₹1 Crore | 0.0000% | — | 0.06% | +11.67 | #4769 | | FY 2019-20 | 171.40 | 0.0078% | +1,320.05% | 12.17% | 5.40 | 0.0002% | +1,250.00% | 0.67% | +166.00 | #1455 | | FY 2020-21 | 60.15 | 0.0028% | −64.91% | 2.88% | 10.80 | 0.0004% | +100.00% | 0.95% | +49.35 | #2671 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −99.72% | 0.01% | 5.22 | 0.0001% | −51.67% | 0.48% | −5.05 | #9282 | | FY 2022-23 | 3.33 | 0.0001% | +1,858.82% | 0.29% | < ₹1 Crore | 0.0000% | −97.32% | 0.02% | +3.19 | #6890 | | FY 2023-24 | 2.08 | 0.0001% | −37.54% | 0.17% | 57.60 | 0.0010% | +41,042.86% | 6.91% | −55.52 | #7537 | | FY 2024-25 | 2.39 | 0.0001% | +14.90% | 0.19% | 9.99 | 0.0002% | −82.66% | 1.33% | −7.60 | #7440 | - CAGR (7-year): exports -23.65%/yr, imports 70.97%/yr (consistently Deficit) ## Key trade insights: HSN Code 84061000 export-import analysis ### Export decline: -23.65% CAGR over 7 years India's exports under HSN Code 84061000 have declined at a compound annual rate of -23.65% over 7 fiscal years, falling from ₹12.07 Crore in FY 2018-19 to ₹2.39 Crore in FY 2024-25. ### HSN Code 84061000 ranked #7440 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84061000 ranks #7440 out of 12657 HSN codes by total export value. Within Sub-Chapter 8406, it ranks #4 of 4. By trade surplus, it ranks #8875 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 84061000 exports The strongest single-year export movement for HSN Code 84061000 was recorded in FY 2022-23, when exports surged by 1,858.82% over the prior year. ### India records a trade deficit of ₹7.60 Crore in HSN Code 84061000 goods In FY 2024-25, India's imports of ₹9.99 Cr exceeded exports of ₹2.39 Cr, resulting in a trade deficit of ₹7.60 Crore — ranking #8875 of 12657 by surplus magnitude. ### Import growth of 70.97% CAGR signals rising demand for Turbines For Marine Propulsion India's imports under HSN Code 84061000 have grown at 70.97% CAGR, reaching ₹9.99 Crore in FY 2024-25. ### HSN Code 84061000 contributes 0.19% of Sub-Chapter 8406 exports — ranked #4 Among the 4 HSN codes under Sub-Chapter 8406, HSN Code 84061000 ranks #4 by export value — accounting for 0.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.33% share (rank #3). ## Related HSN Codes in Sub-Chapter 8406 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84069000: Parts](https://busy.in/hsn/hsn-84069000/) | ₹776 Cr | | #2 | [HSN Code 84068200: Other turbines: Of an output not exceeding 40 MW](https://busy.in/hsn/hsn-84068200/) | ₹487 Cr | | #3 | [HSN Code 84068100: Other turbines: Of an output exceeding 40 MW](https://busy.in/hsn/hsn-84068100/) | ₹16 Cr | | #4 | HSN Code 84061000: Turbines For Marine Propulsion (this hsn code) | ₹2 Cr |