HSN Code 84068100: Other turbines: Of an output exceeding 40 MW
HSN Code 84068100 represents Other turbines: Of an output exceeding 40 MW under GST classification. This code helps businesses identify Other turbines: Of an output exceeding 40 MW correctly for billing, taxation, and trade. With HSN Code 84068100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other turbines: Of an output exceeding 40 MW.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 84068100
HSN Code 84068100 relates to the following description.
What does HSN Code 84068100 not include?
Other turbines: Of an output exceeding 40 MW does not include products with the following descriptions.
Turbines for marine propulsion
Other turbines: Of an output not exceeding 40 MW
Parts
India’s Trade Performance — HSN Code 84068100 in FY 2024-25
India’s Exports
FY 2024-25₹16 Cr
0.0004% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹16 Cr
Surplus rank #2975 of 12657 HSN codes
% of Sub-Chapter 8406
FY 2024-251.27%
Share of Sub-Chapter 8406’s total exports in FY 2024-25
Import side: 0.01% of Sub-Chapter 8406’s imports
Rank Within Sub-Chapter 8406
FY 2024-25#3 of 4
Position by export value among HSN codes in Sub-Chapter 8406
Import-side rank: #4 of 4
At a glance
−33.74%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#5146
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+381.88%
Peak Growth Year
FY 2020-21 · strongest single-year move
1.27%
Contribution to Sub-Ch. 8406
Share of Sub-Chapter 8406 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 84068100
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+178.88
Exports
192.45 ₹ Cr
0.0084% share
— YoY
10.89% of Sub-Ch. 8406
Imports
13.57 ₹ Cr
0.0004% share
— YoY
1.99% of Sub-Ch. 8406
Balance
+124.08
Exports
138.85 ₹ Cr
0.0063% share
−27.85% YoY
9.86% of Sub-Ch. 8406
Imports
14.77 ₹ Cr
0.0004% share
+8.84% YoY
1.83% of Sub-Ch. 8406
Balance
+626.09
Exports
669.09 ₹ Cr
0.0311% share
+381.88% YoY
32.01% of Sub-Ch. 8406
Imports
43.00 ₹ Cr
0.0015% share
+191.13% YoY
3.80% of Sub-Ch. 8406
Balance
+51.59
Exports
53.30 ₹ Cr
0.0017% share
−92.03% YoY
3.22% of Sub-Ch. 8406
Imports
1.71 ₹ Cr
0.0000% share
−96.02% YoY
0.16% of Sub-Ch. 8406
Balance
−8.15
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 8406
Imports
8.15 ₹ Cr
0.0001% share
+376.61% YoY
1.15% of Sub-Ch. 8406
Balance
−70.23
Exports
26.55 ₹ Cr
0.0007% share
— YoY
2.17% of Sub-Ch. 8406
Imports
96.78 ₹ Cr
0.0017% share
+1,087.48% YoY
11.61% of Sub-Ch. 8406
Balance
+16.23
Exports
16.28 ₹ Cr
0.0004% share
−38.68% YoY
1.27% of Sub-Ch. 8406
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−99.95% YoY
0.01% of Sub-Ch. 8406
CAGR · 7-Year
Exports
−33.74% /yr
Imports
−60.70% /yr
reference, FY 2024-25
Export
₹1,281.83 Cr
Import
₹753.18 Cr
Trade Balance
+528.65
Key Trade Insights: HSN Code 84068100 Export-Import Analysis
Export Decline: −33.74% CAGR Over 7 Years
India's exports under HSN Code 84068100 have declined at a compound annual rate of −33.74% over 7 fiscal years, falling from ₹192.45 Crore in FY 2018-19 to ₹16.28 Crore in FY 2024-25.
HSN Code 84068100 Ranked #5146 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 84068100 ranks #5146 out of 12657 HSN codes by total export value. Within Sub-Chapter 8406, it ranks #3 of 4. By trade surplus, it ranks #2975 of 12657.
FY 2020-21 Was the Strongest Growth Year for HSN Code 84068100 Exports
The strongest single-year export movement for HSN Code 84068100 was recorded in FY 2020-21, when exports surged by 381.88% over the prior year.
India Maintains a Trade Surplus of ₹16.23 Crore in HSN Code 84068100 Goods
In FY 2024-25, India's exports of ₹16.28 Cr exceeded imports of ₹0.05 Cr, resulting in a trade surplus of ₹16.23 Crore — ranking #2975 of 12657 by surplus magnitude.
Import Growth of −60.70% CAGR Signals Stable Import Dependency for Other turbines: Of an output exceeding 40 MW
India's imports under HSN Code 84068100 have grown at −60.70% CAGR, reaching ₹0.05 Crore in FY 2024-25.
HSN Code 84068100 Contributes 1.27% of Sub-Chapter 8406 Exports — Ranked #3
Among the 4 HSN codes under Sub-Chapter 8406, HSN Code 84068100 ranks #3 by export value — accounting for 1.27% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #4).
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 84068100 and GST compliance.
What products are classified under HSN 84068100 ?
It includes Marine propulsion engines: Other
How should mixed supplies be billed when Other turbines: Of an output exceeding 40 MW is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other turbines: Of an output exceeding 40 MW; Nil for exempt items if applicable).
How much GST applies to Other turbines: Of an output exceeding 40 MW?
Under HSN 84068100, Other turbines: Of an output exceeding 40 MW attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Can we claim ITC on inputs used to trade Other turbines: Of an output exceeding 40 MW?
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 Other turbines: Of an output exceeding 40 MW?
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.
Any common misclassification issue with Other turbines: Of an output exceeding 40 MW?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.