--- title: "HSN Code for Static Converters| Electric Inverter | HSN 85044010 GST Rate" description: "Find HSN and GST Rates for 85044010 related to Static Converters| Electric Inverter with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-85044010/" --- # HSN Code 85044010: Static Converters| Electric Inverter - [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 8504: Clad metals](https://busy.in/hsn/sub-chapter-8504/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Static converters: Electric inverter (Charger or charging station for Electrically operated vehicles) | 2.5% | 2.5% | 5% | 0% | | Static converters: Electric inverter | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 85044010 ? It includes Other Inductors| Other ### Can we claim ITC on inputs used to trade Static Converters/ Electric Inverter? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Static Converters/ Electric Inverter? 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 Static Converters/ Electric Inverter? 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 Static Converters/ Electric Inverter? 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 Static Converters/ Electric Inverter is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Static Converters/ Electric Inverter; Nil for exempt items if applicable). ### How much GST applies to Static Converters/ Electric Inverter? Under HSN 85044010, Static Converters/ Electric Inverter attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 85044010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹4,007 Cr (−3.60% YoY) — 0.1089% of India's total exports - Imports: ₹2,340 Cr (+24.56% YoY) — 0.0385% of India's total imports - Trade balance: ₹1,667 Cr (Surplus); surplus rank #237 of 12657 HSN codes - Share of Sub-Chapter 8504: 15.04% of its exports; import side 7.57% - Rank within Sub-Chapter 8504: #2 of 23 by export value; import-side #4 ### Key metrics - Export CAGR: 25.48% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #128 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +72.66% in FY 2020-21 - Contribution to Sub-Ch. 8504: 15.04% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 85044010 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. 8504 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8504 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1,026.37 | 0.0449% | — | 9.78% | 1,173.09 | 0.0327% | — | 7.76% | −146.72 | #322 | | FY 2019-20 | 1,734.26 | 0.0788% | +68.97% | 12.60% | 1,279.94 | 0.0382% | +9.11% | 8.32% | +454.32 | #184 | | FY 2020-21 | 2,994.32 | 0.1392% | +72.66% | 22.97% | 1,587.92 | 0.0545% | +24.06% | 10.18% | +1,406.40 | #110 | | FY 2021-22 | 3,935.13 | 0.1254% | +31.42% | 23.51% | 1,685.88 | 0.0369% | +6.17% | 8.71% | +2,249.25 | #115 | | FY 2022-23 | 4,379.78 | 0.1210% | +11.30% | 19.81% | 1,737.97 | 0.0302% | +3.09% | 7.65% | +2,641.81 | #104 | | FY 2023-24 | 4,156.80 | 0.1149% | −5.09% | 17.34% | 1,878.53 | 0.0335% | +8.09% | 7.07% | +2,278.27 | #117 | | FY 2024-25 | 4,007.03 | 0.1089% | −3.60% | 15.04% | 2,339.86 | 0.0385% | +24.56% | 7.57% | +1,667.17 | #128 | - CAGR (7-year): exports 25.48%/yr, imports 12.20%/yr (consistently Surplus) ## Key trade insights: HSN Code 85044010 export-import analysis ### Consistent export growth: 25.48% CAGR over 7 years India's exports under HSN Code 85044010 have grown at a compound annual rate of 25.48% over 7 fiscal years, rising from ₹1,026.37 Crore in FY 2018-19 to ₹4,007.03 Crore in FY 2024-25. ### HSN Code 85044010 ranked #128 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 85044010 ranks #128 out of 12657 HSN codes by total export value. Within Sub-Chapter 8504, it ranks #2 of 23. By trade surplus, it ranks #237 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 85044010 exports The strongest single-year export movement for HSN Code 85044010 was recorded in FY 2020-21, when exports surged by 72.66% over the prior year. ### India maintains a trade surplus of ₹1,667.17 Crore in HSN Code 85044010 goods In FY 2024-25, India's exports of ₹4,007.03 Cr exceeded imports of ₹2,339.86 Cr, resulting in a trade surplus of ₹1,667.17 Crore — ranking #237 of 12657 by surplus magnitude. ### Import growth of 12.20% CAGR signals rising demand for Static Converters| Electric Inverter India's imports under HSN Code 85044010 have grown at 12.20% CAGR, reaching ₹2,339.86 Crore in FY 2024-25. ### HSN Code 85044010 contributes 15.04% of Sub-Chapter 8504 exports — ranked #2 Among the 23 HSN codes under Sub-Chapter 8504, HSN Code 85044010 ranks #2 by export value — accounting for 15.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.57% share (rank #4). ## Related HSN Codes in Sub-Chapter 8504 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 85044090: Static Converters](https://busy.in/hsn/hsn-85044090/) | ₹7,713 Cr | | #2 | HSN Code 85044010: Static Converters\| Electric Inverter (this hsn code) | ₹4,007 Cr | | #3 | [HSN Code 85049010: Parts \| Of Transformers](https://busy.in/hsn/hsn-85049010/) | ₹2,851 Cr | | #4 | [HSN Code 85044030: Static Converters\| Battery Chargers](https://busy.in/hsn/hsn-85044030/) | ₹1,916 Cr | | #5 | [HSN Code 85042100: Liquid Dielectric Transformers (≤650 kVA)](https://busy.in/hsn/hsn-85042100/) | ₹1,906 Cr | | #6 | [HSN Code 85049090: Electrical Equipment & Transformers, Converters, Inductors](https://busy.in/hsn/hsn-85049090/) | ₹1,624 Cr | | #7 | [HSN Code 85042200: Transformer (650-10000kVA)](https://busy.in/hsn/hsn-85042200/) | ₹1,329 Cr | | #8 | [HSN Code 85043100: Transformers ≤1 kVA Power Handling Capacity](https://busy.in/hsn/hsn-85043100/) | ₹1,112 Cr | | #9 | [HSN Code 85044029: Static converters: Rectifier : Other](https://busy.in/hsn/hsn-85044029/) | ₹988 Cr | | #10 | [HSN Code 85043300: Other Transformers (>16-500 kVA)](https://busy.in/hsn/hsn-85043300/) | ₹591 Cr |