--- title: "HSN Code for Ingot Moulds And Ladles | Ingot Moulds | HSN 84542020 GST Rate" description: "Find HSN and GST Rates for 84542020 related to Ingot Moulds And Ladles | Ingot Moulds with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84542020/" --- # HSN Code 84542020: Ingot Moulds And Ladles | Ingot Moulds - [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 8454: Metallurgical Casting Machines](https://busy.in/hsn/sub-chapter-8454/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Ingot moulds and ladles : Ingot moulds | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84542020 ? It includes Tube Mills ### How should mixed supplies be billed when Ingot Moulds And Ladles / Ingot Moulds is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Ingot Moulds And Ladles / Ingot Moulds; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Ingot Moulds And Ladles / Ingot Moulds? 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. ### Any common misclassification issue with Ingot Moulds And Ladles / Ingot Moulds? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Ingot Moulds And Ladles / Ingot Moulds? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Ingot Moulds And Ladles / Ingot Moulds? Under HSN 84542020, Ingot Moulds And Ladles / Ingot Moulds attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 84542020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹41 Cr (+42.87% YoY) — 0.0011% of India's total exports - Imports: ₹28 Cr (−20.60% YoY) — 0.0005% of India's total imports - Trade balance: ₹13 Cr (Surplus); surplus rank #3181 of 12657 HSN codes - Share of Sub-Chapter 8454: 8.83% of its exports; import side 0.69% - Rank within Sub-Chapter 8454: #3 of 7 by export value; import-side #7 ### Key metrics - Export CAGR: -1.42% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3898 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +42.87% in FY 2024-25 - Contribution to Sub-Ch. 8454: 8.83% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84542020 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. 8454 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8454 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 44.65 | 0.0020% | — | 10.82% | 40.74 | 0.0011% | — | 2.44% | +3.91 | #3030 | | FY 2019-20 | 36.41 | 0.0017% | −18.45% | 13.22% | 44.47 | 0.0013% | +9.16% | 2.73% | −8.06 | #3328 | | FY 2020-21 | 34.39 | 0.0016% | −5.55% | 17.84% | 24.67 | 0.0008% | −44.52% | 2.62% | +9.72 | #3463 | | FY 2021-22 | 42.67 | 0.0014% | +24.08% | 14.40% | 34.41 | 0.0008% | +39.48% | 2.86% | +8.26 | #3588 | | FY 2022-23 | 40.20 | 0.0011% | −5.79% | 10.72% | 29.41 | 0.0005% | −14.53% | 1.25% | +10.79 | #3765 | | FY 2023-24 | 28.69 | 0.0008% | −28.63% | 6.84% | 35.83 | 0.0006% | +21.83% | 1.23% | −7.14 | #4305 | | FY 2024-25 | 40.99 | 0.0011% | +42.87% | 8.83% | 28.45 | 0.0005% | −20.60% | 0.69% | +12.54 | #3898 | - CAGR (7-year): exports -1.42%/yr, imports -5.81%/yr (consistently Surplus) ## Key trade insights: HSN Code 84542020 export-import analysis ### Export decline: -1.42% CAGR over 7 years India's exports under HSN Code 84542020 have declined at a compound annual rate of -1.42% over 7 fiscal years, falling from ₹44.65 Crore in FY 2018-19 to ₹40.99 Crore in FY 2024-25. ### HSN Code 84542020 ranked #3898 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84542020 ranks #3898 out of 12657 HSN codes by total export value. Within Sub-Chapter 8454, it ranks #3 of 7. By trade surplus, it ranks #3181 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 84542020 exports The strongest single-year export movement for HSN Code 84542020 was recorded in FY 2024-25, when exports surged by 42.87% over the prior year. ### India maintains a trade surplus of ₹12.54 Crore in HSN Code 84542020 goods In FY 2024-25, India's exports of ₹40.99 Cr exceeded imports of ₹28.45 Cr, resulting in a trade surplus of ₹12.54 Crore — ranking #3181 of 12657 by surplus magnitude. ### Import growth of -5.81% CAGR signals stable import dependency for Ingot Moulds And Ladles | Ingot Moulds India's imports under HSN Code 84542020 have grown at -5.81% CAGR, reaching ₹28.45 Crore in FY 2024-25. ### HSN Code 84542020 contributes 8.83% of Sub-Chapter 8454 exports — ranked #3 Among the 7 HSN codes under Sub-Chapter 8454, HSN Code 84542020 ranks #3 by export value — accounting for 8.83% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.69% share (rank #7). ## Related HSN Codes in Sub-Chapter 8454 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84549000: Machines for Finishing Printing Products](https://busy.in/hsn/hsn-84549000/) | ₹257 Cr | | #2 | [HSN Code 84543020: Continuous Casting Machines](https://busy.in/hsn/hsn-84543020/) | ₹68 Cr | | #3 | HSN Code 84542020: Ingot Moulds And Ladles \| Ingot Moulds (this hsn code) | ₹41 Cr | | #4 | [HSN Code 84543090: Other Casting Machines](https://busy.in/hsn/hsn-84543090/) | ₹34 Cr | | #5 | [HSN Code 84541000: Converters](https://busy.in/hsn/hsn-84541000/) | ₹30 Cr | | #6 | [HSN Code 84542010: Ingot Moulds And Ladles \| Ladles](https://busy.in/hsn/hsn-84542010/) | ₹30 Cr | | #7 | [HSN Code 84543010: Die-Casting Machines](https://busy.in/hsn/hsn-84543010/) | ₹5 Cr |