HSN Code 84143000: Refrigerating compressors

HSN Code 84143000 represents Refrigerating compressors under GST classification. This code helps businesses identify Refrigerating compressors correctly for billing, taxation, and trade. With HSN Code 84143000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Refrigerating compressors.

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Description of Goods for HSN Code 84143000

HSN Code 84143000 relates to the following description.

Description of Goods

Compressors of a kind used in refrigerating equipment

Chapter

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

Sub Chapter

8414 - Air or vacuum pumps, air or other gas compressors and fans; ventilating or recycling hoods incorporating a fan, whether or not fitted with filters; gas-tight biological safety cabinets, whether or not fitted with filters

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84143000 not include?

Refrigerating compressors does not include products with the following descriptions.

With maximum flow-rate greater than 5 m³/h(under standard temperature (273 k (0 °c)) and pressure (101.3 kpa) conditions)

Air compressors mounted on a wheeled chassis for towing : Reciprocating air compressors

Air compressors mounted on a wheeled chassis for towing : Centrifugal air compressors

Air compressors mounted on a wheeled chassis for towing : Screw air compressors

Fans : Table, floor, wall, window, ceiling or roof fans, with a self-contained electric motor of an output not exceeding 125 W: Table fans

Fans : Table, floor, wall, window, ceiling or roof fans, with a self-contained electric motor of an output not exceeding 125 W: Ceiling fans

Fans : Table, floor, wall, window, ceiling or roof fans, with a self-contained electric motor of an output not exceeding 125 W: Pedestal fans

Fans : Table, floor, wall, window, ceiling or roof fans, with a self-contained electric motor of an output not exceeding 125 W: Railway carriage fans

Fans : Table, floor, wall, window, ceiling or roof fans, with a self-contained electric motor of an output not exceeding 125 W: Wall fans

Fans : Table, floor, wall, window, ceiling or roof fans, with a self-contained electric motor of an output not exceeding 125 W: Other

Parts : Of air or vacuum pumps and compressors: Of gas compressors of a kind used in refrigerating and air conditioning appliances and machinery

India’s Trade Performance — HSN Code 84143000 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

₹1,005 Cr

+64.37% vs FY 2023-24

0.0273% of India’s total exports

India’s Imports

FY 2024-25

₹3,381 Cr

+39.81% vs FY 2023-24

0.0556% of India’s total imports

Trade Balance

FY 2024-25

−₹2,376 Cr

Trade Deficit

Surplus rank #12450 of 12657 HSN codes

% of Sub-Chapter 8414

FY 2024-25

8.20%

Share of Sub-Chapter 8414’s total exports in FY 2024-25

Import side: 14.30% of Sub-Chapter 8414’s imports

Rank Within Sub-Chapter 8414

FY 2024-25

#5 of 35

Position by export value among HSN codes in Sub-Chapter 8414

Import-side rank: #2 of 35

At a glance

34.96%

Export CAGR

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

#526

National Export Rank

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

+78.75%

Peak Growth Year

FY 2021-22 · strongest single-year move

8.20%

Contribution to Sub-Ch. 8414

Share of Sub-Chapter 8414 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84143000

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 #1491

Balance

−1,652.13

Exports

166.29 ₹ Cr

0.0073% share

YoY

2.85% of Sub-Ch. 8414

Imports

1,818.42 ₹ Cr

0.0507% share

YoY

14.27% of Sub-Ch. 8414

FY 2019-20 Exp. Rank #1294

Balance

−1,890.06

Exports

206.31 ₹ Cr

0.0094% share

+24.07% YoY

3.43% of Sub-Ch. 8414

Imports

2,096.37 ₹ Cr

0.0626% share

+15.29% YoY

15.76% of Sub-Ch. 8414

FY 2020-21 Exp. Rank #962

Balance

−1,535.84

Exports

321.63 ₹ Cr

0.0150% share

+55.90% YoY

4.90% of Sub-Ch. 8414

Imports

1,857.47 ₹ Cr

0.0637% share

−11.40% YoY

15.20% of Sub-Ch. 8414

FY 2021-22 Exp. Rank #760

Balance

−1,642.46

Exports

574.91 ₹ Cr

0.0183% share

+78.75% YoY

6.39% of Sub-Ch. 8414

Imports

2,217.37 ₹ Cr

0.0485% share

+19.38% YoY

13.52% of Sub-Ch. 8414

FY 2022-23 Exp. Rank #751

Balance

−1,943.61

Exports

639.93 ₹ Cr

0.0177% share

+11.31% YoY

5.84% of Sub-Ch. 8414

Imports

2,583.54 ₹ Cr

0.0449% share

+16.51% YoY

13.25% of Sub-Ch. 8414

FY 2023-24 Exp. Rank #799

Balance

−1,806.85

Exports

611.37 ₹ Cr

0.0169% share

−4.46% YoY

5.27% of Sub-Ch. 8414

Imports

2,418.22 ₹ Cr

0.0431% share

−6.40% YoY

11.36% of Sub-Ch. 8414

FY 2024-25 Exp. Rank #526

Balance

−2,375.91

Exports

1,004.92 ₹ Cr

0.0273% share

+64.37% YoY

8.20% of Sub-Ch. 8414

Imports

3,380.83 ₹ Cr

0.0556% share

+39.81% YoY

14.30% of Sub-Ch. 8414

CAGR · 7-Year

Exports

34.96% /yr

Imports

10.89% /yr

Consistently Deficit
Sub-Chapter 8414 total

reference, FY 2024-25

Export

₹12,257.03 Cr

Import

₹23,642.72 Cr

Trade Balance

−11,385.69

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

Key Trade Insights: HSN Code 84143000 Export-Import Analysis

Consistent Export Growth: 34.96% CAGR Over 7 Years

India's exports under HSN Code 84143000 have grown at a compound annual rate of 34.96% over 7 fiscal years, rising from ₹166.29 Crore in FY 2018-19 to ₹1,004.92 Crore in FY 2024-25.

HSN Code 84143000 Ranked #526 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84143000 ranks #526 out of 12657 HSN codes by total export value. Within Sub-Chapter 8414, it ranks #5 of 35. By trade surplus, it ranks #12450 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 84143000 Exports

The strongest single-year export movement for HSN Code 84143000 was recorded in FY 2021-22, when exports surged by 78.75% over the prior year.

India Records a Trade Deficit of ₹2,375.91 Crore in HSN Code 84143000 Goods

In FY 2024-25, India's imports of ₹3,380.83 Cr exceeded exports of ₹1,004.92 Cr, resulting in a trade deficit of ₹2,375.91 Crore — ranking #12450 of 12657 by surplus magnitude.

Import Growth of 10.89% CAGR Signals Rising Demand for Refrigerating compressors

India's imports under HSN Code 84143000 have grown at 10.89% CAGR, reaching ₹3,380.83 Crore in FY 2024-25.

HSN Code 84143000 Contributes 8.20% of Sub-Chapter 8414 Exports — Ranked #5

Among the 35 HSN codes under Sub-Chapter 8414, HSN Code 84143000 ranks #5 by export value — accounting for 8.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 14.30% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84143000 and GST compliance.

What products are classified under HSN 84143000 ?

It includes Table Fans

How much GST applies to Refrigerating compressors?

Under HSN 84143000, Refrigerating compressors attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Refrigerating compressors?

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.

Can we claim ITC on inputs used to trade Refrigerating compressors?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Refrigerating compressors?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Refrigerating compressors is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Refrigerating compressors; Nil for exempt items if applicable).

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.