--- title: "HSN Code for Static converters: Rectifier : Other | HSN 85044029 GST Rate" description: "Find HSN and GST Rates for 85044029 related to Static converters: Rectifier : Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-85044029/" --- # HSN Code 85044029: Static converters: Rectifier : Other - [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: Rectifier : Other (Charger or charging station for Electrically operated vehicles) | 2.5% | 2.5% | 5% | 0% | | Static converters: Rectifier : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 85044029 ? It includes Electrical Equipment & Transformers, Converters, Inductors ### How much GST applies to Static converters: Rectifier : Other? Under HSN 85044029, Static converters: Rectifier : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Static converters: Rectifier : Other? 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: Rectifier : Other? 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 Static converters: Rectifier : Other? 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: Rectifier : Other? 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 85044029 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹988 Cr (+38.05% YoY) — 0.0268% of India's total exports - Imports: ₹1,283 Cr (−18.60% YoY) — 0.0211% of India's total imports - Trade balance: −₹296 Cr (Deficit); surplus rank #11582 of 12657 HSN codes - Share of Sub-Chapter 8504: 3.71% of its exports; import side 4.15% - Rank within Sub-Chapter 8504: #9 of 23 by export value; import-side #7 ### Key metrics - Export CAGR: 18.33% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #533 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +62.62% in FY 2021-22 - Contribution to Sub-Ch. 8504: 3.71% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 85044029 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 | 359.73 | 0.0157% | — | 3.43% | 677.62 | 0.0189% | — | 4.48% | −317.89 | #860 | | FY 2019-20 | 293.14 | 0.0133% | −18.51% | 2.13% | 929.16 | 0.0278% | +37.12% | 6.04% | −636.02 | #1011 | | FY 2020-21 | 447.29 | 0.0208% | +52.59% | 3.43% | 1,415.61 | 0.0486% | +52.35% | 9.08% | −968.32 | #750 | | FY 2021-22 | 727.37 | 0.0232% | +62.62% | 4.35% | 2,037.79 | 0.0446% | +43.95% | 10.53% | −1,310.42 | #609 | | FY 2022-23 | 1,181.26 | 0.0326% | +62.40% | 5.34% | 1,628.18 | 0.0283% | −20.10% | 7.17% | −446.92 | #428 | | FY 2023-24 | 715.45 | 0.0198% | −39.43% | 2.98% | 1,576.55 | 0.0281% | −3.17% | 5.94% | −861.10 | #692 | | FY 2024-25 | 987.65 | 0.0268% | +38.05% | 3.71% | 1,283.39 | 0.0211% | −18.60% | 4.15% | −295.74 | #533 | - CAGR (7-year): exports 18.33%/yr, imports 11.23%/yr (consistently Deficit) ## Key trade insights: HSN Code 85044029 export-import analysis ### Consistent export growth: 18.33% CAGR over 7 years India's exports under HSN Code 85044029 have grown at a compound annual rate of 18.33% over 7 fiscal years, rising from ₹359.73 Crore in FY 2018-19 to ₹987.65 Crore in FY 2024-25. ### HSN Code 85044029 ranked #533 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 85044029 ranks #533 out of 12657 HSN codes by total export value. Within Sub-Chapter 8504, it ranks #9 of 23. By trade surplus, it ranks #11582 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 85044029 exports The strongest single-year export movement for HSN Code 85044029 was recorded in FY 2021-22, when exports surged by 62.62% over the prior year. ### India records a trade deficit of ₹295.74 Crore in HSN Code 85044029 goods In FY 2024-25, India's imports of ₹1,283.39 Cr exceeded exports of ₹987.65 Cr, resulting in a trade deficit of ₹295.74 Crore — ranking #11582 of 12657 by surplus magnitude. ### Import growth of 11.23% CAGR signals rising demand for Static converters: Rectifier : Other India's imports under HSN Code 85044029 have grown at 11.23% CAGR, reaching ₹1,283.39 Crore in FY 2024-25. ### HSN Code 85044029 contributes 3.71% of Sub-Chapter 8504 exports — ranked #9 Among the 23 HSN codes under Sub-Chapter 8504, HSN Code 85044029 ranks #9 by export value — accounting for 3.71% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.15% share (rank #7). ## 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](https://busy.in/hsn/hsn-85044010/) | ₹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 (this hsn code) | ₹988 Cr | | #10 | [HSN Code 85043300: Other Transformers (>16-500 kVA)](https://busy.in/hsn/hsn-85043300/) | ₹591 Cr |