--- title: "HSN Code for Furnace burners | HSN 84162000 GST Rate" description: "Find HSN and GST Rates for 84162000 related to Furnace burners with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84162000/" --- # HSN Code 84162000: Furnace burners - [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 8416: Furnace Burners](https://busy.in/hsn/sub-chapter-8416/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other furnace burners, including combination burners | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84162000 ? It includes Industrial or laboratory furnaces and ovens, non-electric | Other ### Can we claim ITC on inputs used to trade Furnace burners? 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 Furnace burners? 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 Furnace burners? 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 Furnace burners? Under HSN 84162000, Furnace burners attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Furnace burners is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Furnace burners; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Furnace burners? 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. ## India's trade performance: HSN Code 84162000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹96 Cr (+32.03% YoY) — 0.0026% of India's total exports - Imports: ₹203 Cr (+17.66% YoY) — 0.0033% of India's total imports - Trade balance: −₹107 Cr (Deficit); surplus rank #10850 of 12657 HSN codes - Share of Sub-Chapter 8416: 35.03% of its exports; import side 38.79% - Rank within Sub-Chapter 8416: #2 of 4 by export value; import-side #2 ### Key metrics - Export CAGR: 19.61% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2705 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +78.41% in FY 2023-24 - Contribution to Sub-Ch. 8416: 35.03% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84162000 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. 8416 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8416 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 32.94 | 0.0014% | — | 37.21% | 121.40 | 0.0034% | — | 38.14% | −88.46 | #3452 | | FY 2019-20 | 33.65 | 0.0015% | +2.16% | 33.56% | 326.65 | 0.0098% | +169.07% | 59.84% | −293.00 | #3450 | | FY 2020-21 | 47.37 | 0.0022% | +40.77% | 37.24% | 169.34 | 0.0058% | −48.16% | 47.70% | −121.97 | #3025 | | FY 2021-22 | 42.70 | 0.0014% | −9.86% | 36.14% | 124.85 | 0.0027% | −26.27% | 35.57% | −82.15 | #3587 | | FY 2022-23 | 40.95 | 0.0011% | −4.10% | 22.80% | 168.61 | 0.0029% | +35.05% | 41.63% | −127.66 | #3737 | | FY 2023-24 | 73.06 | 0.0020% | +78.41% | 41.59% | 172.94 | 0.0031% | +2.57% | 28.51% | −99.88 | #3005 | | FY 2024-25 | 96.46 | 0.0026% | +32.03% | 35.03% | 203.48 | 0.0033% | +17.66% | 38.79% | −107.02 | #2705 | - CAGR (7-year): exports 19.61%/yr, imports 8.99%/yr (consistently Deficit) ## Key trade insights: HSN Code 84162000 export-import analysis ### Consistent export growth: 19.61% CAGR over 7 years India's exports under HSN Code 84162000 have grown at a compound annual rate of 19.61% over 7 fiscal years, rising from ₹32.94 Crore in FY 2018-19 to ₹96.46 Crore in FY 2024-25. ### HSN Code 84162000 ranked #2705 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84162000 ranks #2705 out of 12657 HSN codes by total export value. Within Sub-Chapter 8416, it ranks #2 of 4. By trade surplus, it ranks #10850 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 84162000 exports The strongest single-year export movement for HSN Code 84162000 was recorded in FY 2023-24, when exports surged by 78.41% over the prior year. ### India records a trade deficit of ₹107.02 Crore in HSN Code 84162000 goods In FY 2024-25, India's imports of ₹203.48 Cr exceeded exports of ₹96.46 Cr, resulting in a trade deficit of ₹107.02 Crore — ranking #10850 of 12657 by surplus magnitude. ### Import growth of 8.99% CAGR signals stable import dependency for Furnace burners India's imports under HSN Code 84162000 have grown at 8.99% CAGR, reaching ₹203.48 Crore in FY 2024-25. ### HSN Code 84162000 contributes 35.03% of Sub-Chapter 8416 exports — ranked #2 Among the 4 HSN codes under Sub-Chapter 8416, HSN Code 84162000 ranks #2 by export value — accounting for 35.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 38.79% share (rank #2). ## Related HSN Codes in Sub-Chapter 8416 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84169000: Centrifugal Pumps](https://busy.in/hsn/hsn-84169000/) | ₹111 Cr | | #2 | HSN Code 84162000: Furnace burners (this hsn code) | ₹96 Cr | | #3 | [HSN Code 84161000: Furnace burners for liquid fuel](https://busy.in/hsn/hsn-84161000/) | ₹57 Cr | | #4 | [HSN Code 84163000: Mechanical Stokers/Grates/Ash Dischargers](https://busy.in/hsn/hsn-84163000/) | ₹11 Cr |