HSN Code 84862000: Taps, Cocks and Valves

HSN Code 84862000 represents Taps, Cocks and Valves under GST classification. This code helps businesses identify Taps, Cocks and Valves correctly for billing, taxation, and trade. With HSN Code 84862000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Taps, Cocks and Valves.

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Description of Goods for HSN Code 84862000

HSN Code 84862000 relates to the following description.

Description of Goods

Machines and apparatus for the manufacture of semi-conductor devices or of electronic integrated circuits

Chapter

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

Sub Chapter

8486 - Machines and apparatus of a kind used solely or principally for the manufacture of semiconductor boules or wafers, semiconductor devices, electronic integrated circuits or flat panel displays; machines and apparatus specified in note 11(c)to this chapter; parts and accessories

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84862000 not include?

Taps, Cocks and Valves does not include products with the following descriptions.

India’s Trade Performance — HSN Code 84862000 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

₹82 Cr

+362.88% vs FY 2023-24

0.0022% of India’s total exports

India’s Imports

FY 2024-25

₹5,600 Cr

+5.36% vs FY 2023-24

0.0922% of India’s total imports

Trade Balance

FY 2024-25

−₹5,519 Cr

Trade Deficit

Surplus rank #12566 of 12657 HSN codes

% of Sub-Chapter 8486

FY 2024-25

24.40%

Share of Sub-Chapter 8486’s total exports in FY 2024-25

Import side: 62.10% of Sub-Chapter 8486’s imports

Rank Within Sub-Chapter 8486

FY 2024-25

#2 of 5

Position by export value among HSN codes in Sub-Chapter 8486

Import-side rank: #1 of 5

At a glance

80.99%

Export CAGR

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

#2949

National Export Rank

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

+1,096.99%

Peak Growth Year

FY 2021-22 · strongest single-year move

24.40%

Contribution to Sub-Ch. 8486

Share of Sub-Chapter 8486 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84862000

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 #6788

Balance

−135.90

Exports

2.32 ₹ Cr

0.0001% share

— YoY

1.52% of Sub-Ch. 8486

Imports

138.22 ₹ Cr

0.0039% share

— YoY

39.01% of Sub-Ch. 8486

FY 2019-20 Exp. Rank #7320

Balance

−145.18

Exports

1.34 ₹ Cr

0.0001% share

−42.24% YoY

1.20% of Sub-Ch. 8486

Imports

146.52 ₹ Cr

0.0044% share

+6.00% YoY

32.46% of Sub-Ch. 8486

FY 2020-21 Exp. Rank #7189

Balance

−292.89

Exports

1.66 ₹ Cr

0.0001% share

+23.88% YoY

0.49% of Sub-Ch. 8486

Imports

294.55 ₹ Cr

0.0101% share

+101.03% YoY

52.04% of Sub-Ch. 8486

FY 2021-22 Exp. Rank #4611

Balance

−336.74

Exports

19.87 ₹ Cr

0.0006% share

+1,096.99% YoY

4.54% of Sub-Ch. 8486

Imports

356.61 ₹ Cr

0.0078% share

+21.07% YoY

32.77% of Sub-Ch. 8486

FY 2022-23 Exp. Rank #3925

Balance

−2,976.66

Exports

35.87 ₹ Cr

0.0010% share

+80.52% YoY

16.66% of Sub-Ch. 8486

Imports

3,012.53 ₹ Cr

0.0524% share

+744.77% YoY

63.40% of Sub-Ch. 8486

FY 2023-24 Exp. Rank #4939

Balance

−5,297.65

Exports

17.62 ₹ Cr

0.0005% share

−50.88% YoY

9.90% of Sub-Ch. 8486

Imports

5,315.27 ₹ Cr

0.0946% share

+76.44% YoY

69.25% of Sub-Ch. 8486

FY 2024-25 Exp. Rank #2949

Balance

−5,518.72

Exports

81.56 ₹ Cr

0.0022% share

+362.88% YoY

24.40% of Sub-Ch. 8486

Imports

5,600.28 ₹ Cr

0.0922% share

+5.36% YoY

62.10% of Sub-Ch. 8486

CAGR · 7-Year

Exports

80.99% /yr

Imports

85.33% /yr

Consistently Deficit
Sub-Chapter 8486 total

reference, FY 2024-25

Export

₹334.22 Cr

Import

₹9,018.22 Cr

Trade Balance

−8,684.00

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

Key Trade Insights: HSN Code 84862000 Export-Import Analysis

Consistent Export Growth: 80.99% CAGR Over 7 Years

India's exports under HSN Code 84862000 have grown at a compound annual rate of 80.99% over 7 fiscal years, rising from ₹2.32 Crore in FY 2018-19 to ₹81.56 Crore in FY 2024-25.

HSN Code 84862000 Ranked #2949 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84862000 ranks #2949 out of 12657 HSN codes by total export value. Within Sub-Chapter 8486, it ranks #2 of 5. By trade surplus, it ranks #12566 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 84862000 Exports

The strongest single-year export movement for HSN Code 84862000 was recorded in FY 2021-22, when exports surged by 1,096.99% over the prior year.

India Records a Trade Deficit of ₹5,518.72 Crore in HSN Code 84862000 Goods

In FY 2024-25, India's imports of ₹5,600.28 Cr exceeded exports of ₹81.56 Cr, resulting in a trade deficit of ₹5,518.72 Crore — ranking #12566 of 12657 by surplus magnitude.

Import Growth of 85.33% CAGR Signals Rising Demand for Taps, Cocks and Valves

India's imports under HSN Code 84862000 have grown at 85.33% CAGR, reaching ₹5,600.28 Crore in FY 2024-25.

HSN Code 84862000 Contributes 24.40% of Sub-Chapter 8486 Exports — Ranked #2

Among the 5 HSN codes under Sub-Chapter 8486, HSN Code 84862000 ranks #2 by export value — accounting for 24.40% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 62.10% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84862000 and GST compliance.

What products are classified under HSN 84862000 ?

It includes Stepper motors

How much GST applies to Taps, Cocks and Valves?

Under HSN 84862000, Taps, Cocks and Valves attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Taps, Cocks and Valves?

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 Taps, Cocks and Valves is sold with other items?

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

Any common misclassification issue with Taps, Cocks and Valves?

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

Does packaging or labelling change the GST for Taps, Cocks and Valves?

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.

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.