--- title: "HSN Code for Electric rotary converters | HSN 85024000 GST Rate" description: "Find HSN and GST Rates for 85024000 related to Electric rotary converters with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-85024000/" --- # HSN Code 85024000: Electric rotary converters - [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 | | --- | --- | --- | --- | --- | | Electric rotary converters | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 85024000 ? It includes Other Ballasts for Discharge Lamps or Tubes ### Any common misclassification issue with Electric rotary converters? 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 Electric rotary converters? Under HSN 85024000, Electric rotary converters attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Electric rotary converters? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Electric rotary converters is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Electric rotary converters; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Electric rotary converters? 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. ## India's trade performance: HSN Code 85024000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (+151.11% YoY) — 0.0001% of India's total exports - Imports: ₹158 Cr (+229.01% YoY) — 0.0026% of India's total imports - Trade balance: −₹155 Cr (Deficit); surplus rank #11133 of 12657 HSN codes - Share of Sub-Chapter 8502: 0.05% of its exports; import side 12.32% - Rank within Sub-Chapter 8502: #14 of 15 by export value; import-side #2 ### Key metrics - Export CAGR: -15.57% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7063 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +407.41% in FY 2021-22 - Contribution to Sub-Ch. 8502: 0.05% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 85024000 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 | 9.36 | 0.0004% | — | 0.37% | 43.43 | 0.0012% | — | 8.01% | −34.07 | #5057 | | FY 2019-20 | 1.04 | 0.0000% | −88.89% | 0.04% | 13.37 | 0.0004% | −69.21% | 1.23% | −12.33 | #7583 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −74.04% | 0.01% | 32.14 | 0.0011% | +140.39% | 4.54% | −31.87 | #8674 | | FY 2021-22 | 1.37 | 0.0000% | +407.41% | 0.03% | 47.33 | 0.0010% | +47.26% | 5.70% | −45.96 | #7699 | | FY 2022-23 | 3.01 | 0.0001% | +119.71% | 0.05% | 22.77 | 0.0004% | −51.89% | 2.08% | −19.76 | #6999 | | FY 2023-24 | 1.35 | 0.0000% | −55.15% | 0.02% | 48.12 | 0.0009% | +111.33% | 4.37% | −46.77 | #7958 | | FY 2024-25 | 3.39 | 0.0001% | +151.11% | 0.05% | 158.32 | 0.0026% | +229.01% | 12.32% | −154.93 | #7063 | - CAGR (7-year): exports -15.57%/yr, imports 24.06%/yr (consistently Deficit) ## Key trade insights: HSN Code 85024000 export-import analysis ### Export decline: -15.57% CAGR over 7 years India's exports under HSN Code 85024000 have declined at a compound annual rate of -15.57% over 7 fiscal years, falling from ₹9.36 Crore in FY 2018-19 to ₹3.39 Crore in FY 2024-25. ### HSN Code 85024000 ranked #7063 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 85024000 ranks #7063 out of 12657 HSN codes by total export value. Within Sub-Chapter 8502, it ranks #14 of 15. By trade surplus, it ranks #11133 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 85024000 exports The strongest single-year export movement for HSN Code 85024000 was recorded in FY 2021-22, when exports surged by 407.41% over the prior year. ### India records a trade deficit of ₹154.93 Crore in HSN Code 85024000 goods In FY 2024-25, India's imports of ₹158.32 Cr exceeded exports of ₹3.39 Cr, resulting in a trade deficit of ₹154.93 Crore — ranking #11133 of 12657 by surplus magnitude. ### Import growth of 24.06% CAGR signals rising demand for Electric rotary converters India's imports under HSN Code 85024000 have grown at 24.06% CAGR, reaching ₹158.32 Crore in FY 2024-25. ### HSN Code 85024000 contributes 0.05% of Sub-Chapter 8502 exports — ranked #14 Among the 15 HSN codes under Sub-Chapter 8502, HSN Code 85024000 ranks #14 by export value — accounting for 0.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 12.32% share (rank #2). ## 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 | | #14 | HSN Code 85024000: Electric rotary converters (this hsn code) | ₹3 Cr |