HSN Code 85023910: Steam engine powered generating sets

HSN Code 85023910 represents Steam engine powered generating sets under GST classification. This code helps businesses identify Steam engine powered generating sets correctly for billing, taxation, and trade. With HSN Code 85023910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Steam engine powered generating sets.

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Description of Goods for HSN Code 85023910

HSN Code 85023910 relates to the following description.

Description of Goods

Other generating sets : Other : Powered by steam engine

Chapter

85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

Sub Chapter

8502 - Electric generating sets and rotary converters

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 85023910 not include?

Steam engine powered generating sets does not include products with the following descriptions.

Generating sets with compression-ignition internal combustion piston engines (diesel or semi-diesel engines): Of an output not exceeding 75 kVA

Generating sets with compression-ignition internal combustion piston engines (diesel or semi-diesel engines): Of an output exceeding 75 kVA but not exceeding 375 kVA

Generating sets with compression-ignition internal combustion piston engines (diesel or semi-diesel engines): Of an output exceeding 375 kVA : Of an output exceeding 375 kVA but not exceeding 1,000 kVA

Generating sets with compression-ignition internal combustion piston engines (diesel or semi-diesel engines): Of an output exceeding 375 kVA : Of an output exceeding 1,000 kVA but not exceeding 1,500 kVA

Generating sets with compression-ignition internal combustion piston engines (diesel or semi-diesel engines): Of an output exceeding 375 kVA : Of an output exceeding 1,500 kVA but not exceeding 2,000 kVA

Generating sets with compression-ignition internal combustion piston engines (diesel or semi-diesel engines): Of an output exceeding 375 kVA : Of an output exceeding 2,000 kVA but not exceeding 5,000 kVA

Generating sets with compression-ignition internal combustion piston engines (diesel or semi-diesel engines): Of an output exceeding 375 kVA : Of an output exceeding 5,000 kVA but not exceeding 10,000 kVA

Generating sets with compression-ignition internal combustion piston engines (diesel or semi-diesel engines): Of an output exceeding 375 kVA : Of an output exceeding 10,000 kVA

Generating sets with spark-ignition internal combustion piston engines: Electric portable generators of an output not exceeding 3.5 kVA

Generating sets with spark-ignition internal combustion piston engines: Other

India’s Trade Performance — HSN Code 85023910 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 Crore

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

+1.67% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #7941 of 12657 HSN codes

% of Sub-Chapter 8502

FY 2024-25

0.01%

Share of Sub-Chapter 8502’s total exports in FY 2024-25

Import side: 0.14% of Sub-Chapter 8502’s imports

Rank Within Sub-Chapter 8502

FY 2024-25

#15 of 15

Position by export value among HSN codes in Sub-Chapter 8502

Import-side rank: #14 of 15

At a glance

−39.59%

Export CAGR

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

#8480

National Export Rank

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

+915.87%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.01%

Contribution to Sub-Ch. 8502

Share of Sub-Chapter 8502 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 85023910

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 #4412

Balance

+1.83

Exports

15.63 ₹ Cr

0.0007% share

YoY

0.61% of Sub-Ch. 8502

Imports

13.80 ₹ Cr

0.0004% share

YoY

2.54% of Sub-Ch. 8502

FY 2019-20 Exp. Rank #5958

Balance

+4.49

Exports

4.60 ₹ Cr

0.0002% share

−70.57% YoY

0.18% of Sub-Ch. 8502

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−99.20% YoY

0.01% of Sub-Ch. 8502

FY 2020-21 Exp. Rank #3045

Balance

+44.12

Exports

46.73 ₹ Cr

0.0022% share

+915.87% YoY

1.50% of Sub-Ch. 8502

Imports

2.61 ₹ Cr

0.0001% share

+2,272.73% YoY

0.37% of Sub-Ch. 8502

FY 2021-22 Exp. Rank #7518

Balance

+1.19

Exports

1.65 ₹ Cr

0.0001% share

−96.47% YoY

0.03% of Sub-Ch. 8502

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−82.38% YoY

0.06% of Sub-Ch. 8502

FY 2022-23 Exp. Rank #8724

Balance

+0.36

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−71.52% YoY

0.01% of Sub-Ch. 8502

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−76.09% YoY

0.01% of Sub-Ch. 8502

FY 2023-24

Balance

−1.80

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8502

Imports

1.80 ₹ Cr

0.0000% share

+1,536.36% YoY

0.16% of Sub-Ch. 8502

FY 2024-25 Exp. Rank #8480

Balance

−1.07

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 8502

Imports

1.83 ₹ Cr

0.0000% share

+1.67% YoY

0.14% of Sub-Ch. 8502

CAGR · 7-Year

Exports

−39.59% /yr

Imports

−28.59% /yr

Consistently Deficit
Sub-Chapter 8502 total

reference, FY 2024-25

Export

₹6,603.88 Cr

Import

₹1,284.82 Cr

Trade Balance

+5,319.06

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

Key Trade Insights: HSN Code 85023910 Export-Import Analysis

Export Decline: −39.59% CAGR Over 7 Years

India's exports under HSN Code 85023910 have declined at a compound annual rate of −39.59% over 7 fiscal years, falling from ₹15.63 Crore in FY 2018-19 to ₹0.76 Crore in FY 2024-25.

HSN Code 85023910 Ranked #8480 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 85023910 ranks #8480 out of 12657 HSN codes by total export value. Within Sub-Chapter 8502, it ranks #15 of 15. By trade surplus, it ranks #7941 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 85023910 Exports

The strongest single-year export movement for HSN Code 85023910 was recorded in FY 2020-21, when exports surged by 915.87% over the prior year.

India Records a Trade Deficit of ₹1.07 Crore in HSN Code 85023910 Goods

In FY 2024-25, India's imports of ₹1.83 Cr exceeded exports of ₹0.76 Cr, resulting in a trade deficit of ₹1.07 Crore — ranking #7941 of 12657 by surplus magnitude.

Import Growth of −28.59% CAGR Signals Stable Import Dependency for Steam engine powered generating sets

India's imports under HSN Code 85023910 have grown at −28.59% CAGR, reaching ₹1.83 Crore in FY 2024-25.

HSN Code 85023910 Contributes 0.01% of Sub-Chapter 8502 Exports — Ranked #15

Among the 15 HSN codes under Sub-Chapter 8502, HSN Code 85023910 ranks #15 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.14% share (rank #14).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 85023910 and GST compliance.

What products are classified under HSN 85023910 ?

It includes Machine Parts for Use with Heading 8501 or 8502

How much GST applies to Steam engine powered generating sets?

Under HSN 85023910, Steam engine powered generating sets attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Steam engine powered generating sets?

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.

Any common misclassification issue with Steam engine powered generating sets?

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 Steam engine powered generating sets?

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 Steam engine powered generating sets?

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

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.