--- title: "HSN Code for Water turbine powered sets | HSN 85023920 GST Rate" description: "Find HSN and GST Rates for 85023920 related to Water turbine powered sets with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-85023920/" --- # HSN Code 85023920: Water turbine powered sets - [Section 16: Guide to HSN Section 16](https://busy.in/hsn/section-16/) - [Chapter 85: Electrical Machinery Equipment](https://busy.in/hsn/chapter-85/) - [Sub-chapter 8502: Electric Generating, Rotary Converters](https://busy.in/hsn/sub-chapter-8502/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other generating sets : Other : Powered by water turbine | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 85023920 ? It includes Ballasts for lamps ### Do e‑way bill and e‑invoice apply for Water turbine powered 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 Water turbine powered sets? 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 Water turbine powered sets? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Water turbine powered sets? Under HSN 85023920, Water turbine powered sets attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Water turbine powered 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. ### How should mixed supplies be billed when Water turbine powered sets is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Water turbine powered sets; Nil for exempt items if applicable). ## India's trade performance: HSN Code 85023920 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹34 Cr (+94.16% YoY) — 0.0009% of India's total exports - Imports: ₹8 Cr (+0.52% YoY) — 0.0001% of India's total imports - Trade balance: ₹26 Cr (Surplus); surplus rank #2626 of 12657 HSN codes - Share of Sub-Chapter 8502: 0.52% of its exports; import side 0.61% - Rank within Sub-Chapter 8502: #12 of 15 by export value; import-side #11 ### Key metrics - Export CAGR: 0.26% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4137 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +442.44% in FY 2020-21 - Contribution to Sub-Ch. 8502: 0.52% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 85023920 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. 8502 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8502 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 33.75 | 0.0015% | — | 1.32% | 2.13 | 0.0001% | — | 0.39% | +31.62 | #3423 | | FY 2019-20 | 6.81 | 0.0003% | −79.82% | 0.26% | 68.68 | 0.0021% | +3,124.41% | 6.31% | −61.87 | #5478 | | FY 2020-21 | 36.94 | 0.0017% | +442.44% | 1.19% | < ₹1 Crore | 0.0000% | −98.63% | 0.13% | +36.00 | #3371 | | FY 2021-22 | Nil | 0.0000% | −100.00% | 0.00% | 3.74 | 0.0001% | +297.87% | 0.45% | −3.74 | — | | FY 2022-23 | 7.95 | 0.0002% | — | 0.12% | 7.33 | 0.0001% | +95.99% | 0.67% | +0.62 | #5921 | | FY 2023-24 | 17.65 | 0.0005% | +122.01% | 0.29% | 7.75 | 0.0001% | +5.73% | 0.70% | +9.90 | #4937 | | FY 2024-25 | 34.27 | 0.0009% | +94.16% | 0.52% | 7.79 | 0.0001% | +0.52% | 0.61% | +26.48 | #4137 | - CAGR (7-year): exports 0.26%/yr, imports 24.13%/yr (consistently Surplus) ## Key trade insights: HSN Code 85023920 export-import analysis ### Consistent export growth: 0.26% CAGR over 7 years India's exports under HSN Code 85023920 have grown at a compound annual rate of 0.26% over 7 fiscal years, rising from ₹33.75 Crore in FY 2018-19 to ₹34.27 Crore in FY 2024-25. ### HSN Code 85023920 ranked #4137 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 85023920 ranks #4137 out of 12657 HSN codes by total export value. Within Sub-Chapter 8502, it ranks #12 of 15. By trade surplus, it ranks #2626 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 85023920 exports The strongest single-year export movement for HSN Code 85023920 was recorded in FY 2020-21, when exports surged by 442.44% over the prior year. ### India maintains a trade surplus of ₹26.48 Crore in HSN Code 85023920 goods In FY 2024-25, India's exports of ₹34.27 Cr exceeded imports of ₹7.79 Cr, resulting in a trade surplus of ₹26.48 Crore — ranking #2626 of 12657 by surplus magnitude. ### Import growth of 24.13% CAGR signals rising demand for Water turbine powered sets India's imports under HSN Code 85023920 have grown at 24.13% CAGR, reaching ₹7.79 Crore in FY 2024-25. ### HSN Code 85023920 contributes 0.52% of Sub-Chapter 8502 exports — ranked #12 Among the 15 HSN codes under Sub-Chapter 8502, HSN Code 85023920 ranks #12 by export value — accounting for 0.52% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.61% share (rank #11). ## Related HSN Codes in Sub-Chapter 8502 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 85023100: Other Generating Sets \| Wind-Powered](https://busy.in/hsn/hsn-85023100/) | ₹2,074 Cr | | #2 | [HSN Code 85021320: Diesel generator (1,000–1,500 kVA)](https://busy.in/hsn/hsn-85021320/) | ₹968 Cr | | #3 | [HSN Code 85021200: Diesel generator (75–375 kVA)](https://busy.in/hsn/hsn-85021200/) | ₹882 Cr | | #4 | [HSN Code 85021100: Gen Set (Diesel, <=75kVA)](https://busy.in/hsn/hsn-85021100/) | ₹719 Cr | | #5 | [HSN Code 85021310: Diesel generator (375–1,000 kVA)](https://busy.in/hsn/hsn-85021310/) | ₹624 Cr | | #6 | [HSN Code 85022090: Other spark-ignition generators](https://busy.in/hsn/hsn-85022090/) | ₹301 Cr | | #7 | [HSN Code 85021330: Diesel generator (1,500–2,000 kVA)](https://busy.in/hsn/hsn-85021330/) | ₹258 Cr | | #8 | [HSN Code 85021340: Diesel generator (2,000–5,000 kVA)](https://busy.in/hsn/hsn-85021340/) | ₹252 Cr | | #9 | [HSN Code 85021350: Diesel generator (5,000–10,000 kVA)](https://busy.in/hsn/hsn-85021350/) | ₹248 Cr | | #10 | [HSN Code 85023990: Other Generating Sets \| Other](https://busy.in/hsn/hsn-85023990/) | ₹145 Cr | | #12 | HSN Code 85023920: Water turbine powered sets (this hsn code) | ₹34 Cr |