--- title: "HSN Code for Refrigeration equipment; heat pumps | HSN 84186990 GST Rate" description: "Find HSN and GST Rates for 84186990 related to Refrigeration equipment; heat pumps with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84186990/" --- # HSN Code 84186990: Refrigeration equipment; heat pumps - [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 8418: Refrigerators, freezers, heat pumps](https://busy.in/hsn/sub-chapter-8418/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other refrigerating or freezing equipment; heat pumps : Other : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84186990 ? It includes Solar Water Heaters & Systems ### Can we claim ITC on inputs used to trade Refrigeration equipment; heat pumps? 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 Refrigeration equipment; heat pumps? 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. ### How much GST applies to Refrigeration equipment; heat pumps? Under HSN 84186990, Refrigeration equipment; heat pumps attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Refrigeration equipment; heat pumps? 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 should mixed supplies be billed when Refrigeration equipment; heat pumps is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Refrigeration equipment; heat pumps; Nil for exempt items if applicable). ### Any common misclassification issue with Refrigeration equipment; heat pumps? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 84186990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹525 Cr (+73.25% YoY) — 0.0143% of India's total exports - Imports: ₹1,918 Cr (+5.79% YoY) — 0.0316% of India's total imports - Trade balance: −₹1,393 Cr (Deficit); surplus rank #12323 of 12657 HSN codes - Share of Sub-Chapter 8418: 19.78% of its exports; import side 41.58% - Rank within Sub-Chapter 8418: #3 of 19 by export value; import-side #1 ### Key metrics - Export CAGR: 15.22% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #976 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +73.25% in FY 2024-25 - Contribution to Sub-Ch. 8418: 19.78% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84186990 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. 8418 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8418 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 224.36 | 0.0098% | — | 14.30% | 1,030.53 | 0.0287% | — | 26.29% | −806.17 | #1219 | | FY 2019-20 | 220.27 | 0.0100% | −1.82% | 14.93% | 1,086.37 | 0.0325% | +5.42% | 25.99% | −866.10 | #1237 | | FY 2020-21 | 194.56 | 0.0090% | −11.67% | 14.98% | 715.10 | 0.0245% | −34.18% | 18.71% | −520.54 | #1392 | | FY 2021-22 | 298.71 | 0.0095% | +53.53% | 16.83% | 1,064.79 | 0.0233% | +48.90% | 20.38% | −766.08 | #1295 | | FY 2022-23 | 358.01 | 0.0099% | +19.85% | 19.26% | 1,397.46 | 0.0243% | +31.24% | 24.95% | −1,039.45 | #1180 | | FY 2023-24 | 303.06 | 0.0084% | −15.35% | 15.37% | 1,813.30 | 0.0323% | +29.76% | 39.01% | −1,510.24 | #1375 | | FY 2024-25 | 525.05 | 0.0143% | +73.25% | 19.78% | 1,918.27 | 0.0316% | +5.79% | 41.58% | −1,393.22 | #976 | - CAGR (7-year): exports 15.22%/yr, imports 10.91%/yr (consistently Deficit) ## Key trade insights: HSN Code 84186990 export-import analysis ### Consistent export growth: 15.22% CAGR over 7 years India's exports under HSN Code 84186990 have grown at a compound annual rate of 15.22% over 7 fiscal years, rising from ₹224.36 Crore in FY 2018-19 to ₹525.05 Crore in FY 2024-25. ### HSN Code 84186990 ranked #976 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84186990 ranks #976 out of 12657 HSN codes by total export value. Within Sub-Chapter 8418, it ranks #3 of 19. By trade surplus, it ranks #12323 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 84186990 exports The strongest single-year export movement for HSN Code 84186990 was recorded in FY 2024-25, when exports surged by 73.25% over the prior year. ### India records a trade deficit of ₹1,393.22 Crore in HSN Code 84186990 goods In FY 2024-25, India's imports of ₹1,918.27 Cr exceeded exports of ₹525.05 Cr, resulting in a trade deficit of ₹1,393.22 Crore — ranking #12323 of 12657 by surplus magnitude. ### Import growth of 10.91% CAGR signals rising demand for Refrigeration equipment; heat pumps India's imports under HSN Code 84186990 have grown at 10.91% CAGR, reaching ₹1,918.27 Crore in FY 2024-25. ### HSN Code 84186990 contributes 19.78% of Sub-Chapter 8418 exports — ranked #3 Among the 19 HSN codes under Sub-Chapter 8418, HSN Code 84186990 ranks #3 by export value — accounting for 19.78% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 41.58% share (rank #1). ## Related HSN Codes in Sub-Chapter 8418 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84185000: Storage/Display Refrigeration Furniture](https://busy.in/hsn/hsn-84185000/) | ₹586 Cr | | #2 | [HSN Code 84181090: Refrigerator-freezers: Other](https://busy.in/hsn/hsn-84181090/) | ₹534 Cr | | #3 | HSN Code 84186990: Refrigeration equipment; heat pumps (this hsn code) | ₹525 Cr | | #4 | [HSN Code 84189900: Parts of Pumps and Pumping Machinery](https://busy.in/hsn/hsn-84189900/) | ₹461 Cr | | #5 | [HSN Code 84182100: Refrigerators, household type: Compression-type](https://busy.in/hsn/hsn-84182100/) | ₹332 Cr | | #6 | [HSN Code 84181010: Commercial Refrigerator-Freezers](https://busy.in/hsn/hsn-84181010/) | ₹58 Cr | | #7 | [HSN Code 84186920: Other refrigerating or freezing equipment; heat pumps](https://busy.in/hsn/hsn-84186920/) | ₹42 Cr | | #8 | [HSN Code 84186910: Ice Making Machinery](https://busy.in/hsn/hsn-84186910/) | ₹35 Cr | | #9 | [HSN Code 84186100: Heat Pumps (Non-8415)](https://busy.in/hsn/hsn-84186100/) | ₹23 Cr | | #10 | [HSN Code 84182900: Refrigerators, household type: Other](https://busy.in/hsn/hsn-84182900/) | ₹20 Cr |