HSN Code 84068200: Other turbines: Of an output not exceeding 40 MW
HSN Code 84068200 represents Other turbines: Of an output not exceeding 40 MW under GST classification. This code helps businesses identify Other turbines: Of an output not exceeding 40 MW correctly for billing, taxation, and trade. With HSN Code 84068200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other turbines: Of an output not 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 84068200
HSN Code 84068200 relates to the following description.
What does HSN Code 84068200 not include?
Other turbines: Of an output not exceeding 40 MW does not include products with the following descriptions.
Turbines for marine propulsion
Other turbines: Of an output exceeding 40 MW
Parts
India’s Trade Performance — HSN Code 84068200 in FY 2024-25
India’s Exports
FY 2024-25₹487 Cr
0.0132% of India’s total exports
India’s Imports
FY 2024-25₹25 Cr
0.0004% of India’s total imports
Trade Balance
FY 2024-25₹461 Cr
Surplus rank #680 of 12657 HSN codes
% of Sub-Chapter 8406
FY 2024-2537.97%
Share of Sub-Chapter 8406’s total exports in FY 2024-25
Import side: 3.36% of Sub-Chapter 8406’s imports
Rank Within Sub-Chapter 8406
FY 2024-25#2 of 4
Position by export value among HSN codes in Sub-Chapter 8406
Import-side rank: #2 of 4
At a glance
−2.13%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1036
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+82.02%
Peak Growth Year
FY 2021-22 · strongest single-year move
37.97%
Contribution to Sub-Ch. 8406
Share of Sub-Chapter 8406 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 84068200
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+460.74
Exports
553.87 ₹ Cr
0.0242% share
— YoY
31.35% of Sub-Ch. 8406
Imports
93.13 ₹ Cr
0.0026% share
— YoY
13.63% of Sub-Ch. 8406
Balance
+326.48
Exports
466.81 ₹ Cr
0.0212% share
−15.72% YoY
33.13% of Sub-Ch. 8406
Imports
140.33 ₹ Cr
0.0042% share
+50.68% YoY
17.37% of Sub-Ch. 8406
Balance
+213.31
Exports
272.04 ₹ Cr
0.0126% share
−41.72% YoY
13.02% of Sub-Ch. 8406
Imports
58.73 ₹ Cr
0.0020% share
−58.15% YoY
5.19% of Sub-Ch. 8406
Balance
+387.39
Exports
495.16 ₹ Cr
0.0158% share
+82.02% YoY
29.94% of Sub-Ch. 8406
Imports
107.77 ₹ Cr
0.0024% share
+83.50% YoY
9.90% of Sub-Ch. 8406
Balance
+358.62
Exports
411.82 ₹ Cr
0.0114% share
−16.83% YoY
36.07% of Sub-Ch. 8406
Imports
53.20 ₹ Cr
0.0009% share
−50.64% YoY
7.53% of Sub-Ch. 8406
Balance
+341.21
Exports
454.94 ₹ Cr
0.0126% share
+10.47% YoY
37.20% of Sub-Ch. 8406
Imports
113.73 ₹ Cr
0.0020% share
+113.78% YoY
13.64% of Sub-Ch. 8406
Balance
+461.41
Exports
486.73 ₹ Cr
0.0132% share
+6.99% YoY
37.97% of Sub-Ch. 8406
Imports
25.32 ₹ Cr
0.0004% share
−77.74% YoY
3.36% of Sub-Ch. 8406
CAGR · 7-Year
Exports
−2.13% /yr
Imports
−19.51% /yr
reference, FY 2024-25
Export
₹1,281.83 Cr
Import
₹753.18 Cr
Trade Balance
+528.65
Key Trade Insights: HSN Code 84068200 Export-Import Analysis
Export Decline: −2.13% CAGR Over 7 Years
India's exports under HSN Code 84068200 have declined at a compound annual rate of −2.13% over 7 fiscal years, falling from ₹553.87 Crore in FY 2018-19 to ₹486.73 Crore in FY 2024-25.
HSN Code 84068200 Ranked #1036 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 84068200 ranks #1036 out of 12657 HSN codes by total export value. Within Sub-Chapter 8406, it ranks #2 of 4. By trade surplus, it ranks #680 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 84068200 Exports
The strongest single-year export movement for HSN Code 84068200 was recorded in FY 2021-22, when exports surged by 82.02% over the prior year.
India Maintains a Trade Surplus of ₹461.41 Crore in HSN Code 84068200 Goods
In FY 2024-25, India's exports of ₹486.73 Cr exceeded imports of ₹25.32 Cr, resulting in a trade surplus of ₹461.41 Crore — ranking #680 of 12657 by surplus magnitude.
Import Growth of −19.51% CAGR Signals Stable Import Dependency for Other turbines: Of an output not exceeding 40 MW
India's imports under HSN Code 84068200 have grown at −19.51% CAGR, reaching ₹25.32 Crore in FY 2024-25.
HSN Code 84068200 Contributes 37.97% of Sub-Chapter 8406 Exports — Ranked #2
Among the 4 HSN codes under Sub-Chapter 8406, HSN Code 84068200 ranks #2 by export value — accounting for 37.97% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.36% share (rank #2).
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 84068200 and GST compliance.
What products are classified under HSN 84068200 ?
It includes Motor Cycle Engines (<= 50 cc)
Can we claim ITC on inputs used to trade Other turbines: Of an output not 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 not 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 not 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.
Do e‑way bill and e‑invoice apply for Other turbines: Of an output not exceeding 40 MW?
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.
How much GST applies to Other turbines: Of an output not exceeding 40 MW?
Under HSN 84068200, Other turbines: Of an output not exceeding 40 MW attracts Varies when sold in taxable form. Describe the exact form on the invoice.
How should mixed supplies be billed when Other turbines: Of an output not 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 not exceeding 40 MW; Nil for exempt items if applicable).