HSN Code 85024000: Electric rotary converters

HSN Code 85024000 represents Electric rotary converters under GST classification. This code helps businesses identify Electric rotary converters correctly for billing, taxation, and trade. With HSN Code 85024000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Electric rotary converters.

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Description of Goods for HSN Code 85024000

HSN Code 85024000 relates to the following description.

Description of Goods

Electric rotary converters

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 85024000 not include?

Electric rotary converters 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 85024000 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

₹3 Cr

+151.11% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹158 Cr

+229.01% vs FY 2023-24

0.0026% of India’s total imports

Trade Balance

FY 2024-25

−₹155 Cr

Trade Deficit

Surplus rank #11133 of 12657 HSN codes

% of Sub-Chapter 8502

FY 2024-25

0.05%

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

Import side: 12.32% of Sub-Chapter 8502’s imports

Rank Within Sub-Chapter 8502

FY 2024-25

#14 of 15

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

Import-side rank: #2 of 15

At a glance

−15.57%

Export CAGR

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

#7063

National Export Rank

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

+407.41%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.05%

Contribution to Sub-Ch. 8502

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #5057

Balance

−34.07

Exports

9.36 ₹ Cr

0.0004% share

YoY

0.37% of Sub-Ch. 8502

Imports

43.43 ₹ Cr

0.0012% share

YoY

8.01% of Sub-Ch. 8502

FY 2019-20 Exp. Rank #7583

Balance

−12.33

Exports

1.04 ₹ Cr

0.0000% share

−88.89% YoY

0.04% of Sub-Ch. 8502

Imports

13.37 ₹ Cr

0.0004% share

−69.21% YoY

1.23% of Sub-Ch. 8502

FY 2020-21 Exp. Rank #8674

Balance

−31.87

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−74.04% YoY

0.01% of Sub-Ch. 8502

Imports

32.14 ₹ Cr

0.0011% share

+140.39% YoY

4.54% of Sub-Ch. 8502

FY 2021-22 Exp. Rank #7699

Balance

−45.96

Exports

1.37 ₹ Cr

0.0000% share

+407.41% YoY

0.03% of Sub-Ch. 8502

Imports

47.33 ₹ Cr

0.0010% share

+47.26% YoY

5.70% of Sub-Ch. 8502

FY 2022-23 Exp. Rank #6999

Balance

−19.76

Exports

3.01 ₹ Cr

0.0001% share

+119.71% YoY

0.05% of Sub-Ch. 8502

Imports

22.77 ₹ Cr

0.0004% share

−51.89% YoY

2.08% of Sub-Ch. 8502

FY 2023-24 Exp. Rank #7958

Balance

−46.77

Exports

1.35 ₹ Cr

0.0000% share

−55.15% YoY

0.02% of Sub-Ch. 8502

Imports

48.12 ₹ Cr

0.0009% share

+111.33% YoY

4.37% of Sub-Ch. 8502

FY 2024-25 Exp. Rank #7063

Balance

−154.93

Exports

3.39 ₹ Cr

0.0001% share

+151.11% YoY

0.05% of Sub-Ch. 8502

Imports

158.32 ₹ Cr

0.0026% share

+229.01% YoY

12.32% of Sub-Ch. 8502

CAGR · 7-Year

Exports

−15.57% /yr

Imports

24.06% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 85024000 and GST compliance.

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.

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.