---
title: "HSN Code for Other Permanent Magnets | HSN 85051900 GST Rate"
description: "Find HSN and GST Rates for 85051900 related to Other Permanent Magnets with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-85051900/"
---

# HSN Code 85051900: Other Permanent Magnets

- [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 8505: Electro, Permanent Magnets, Clutches](https://busy.in/hsn/sub-chapter-8505/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Permanent magnets and articles intended to become permanent magnets after magneti-sation: Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 85051900 ?

It includes Air-zinc

### How much GST applies to Other Permanent Magnets?

Under HSN 85051900, Other Permanent Magnets attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Other Permanent Magnets is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Permanent Magnets; Nil for exempt items if applicable).

### Any common misclassification issue with Other Permanent Magnets?

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 Other Permanent Magnets?

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 Other Permanent Magnets?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

## India's trade performance: HSN Code 85051900 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹33 Cr (+37.94% YoY) — 0.0009% of India's total exports
- Imports: ₹716 Cr (+23.29% YoY) — 0.0118% of India's total imports
- Trade balance: −₹682 Cr (Deficit); surplus rank #12057 of 12657 HSN codes
- Share of Sub-Chapter 8505: 7.20% of its exports; import side 21.28%
- Rank within Sub-Chapter 8505: #5 of 6 by export value; import-side #3

### Key metrics

- Export CAGR: 11.72% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #4183 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +59.95% in FY 2022-23
- Contribution to Sub-Ch. 8505: 7.20% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 85051900

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. 8505 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8505 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 17.09 | 0.0007% | — | 5.64% | 282.31 | 0.0079% | — | 22.77% | −265.22 | #4297 |
| FY 2019-20 | 16.82 | 0.0008% | −1.58% | 6.32% | 251.83 | 0.0075% | −10.80% | 22.29% | −235.01 | #4348 |
| FY 2020-21 | 18.28 | 0.0008% | +8.68% | 6.82% | 307.19 | 0.0105% | +21.98% | 23.51% | −288.91 | #4315 |
| FY 2021-22 | 21.87 | 0.0007% | +19.64% | 5.18% | 435.49 | 0.0095% | +41.77% | 22.48% | −413.62 | #4485 |
| FY 2022-23 | 34.98 | 0.0010% | +59.95% | 7.84% | 560.52 | 0.0097% | +28.71% | 19.85% | −525.54 | #3949 |
| FY 2023-24 | 24.09 | 0.0007% | −31.13% | 5.70% | 580.41 | 0.0103% | +3.55% | 19.10% | −556.32 | #4507 |
| FY 2024-25 | 33.23 | 0.0009% | +37.94% | 7.20% | 715.59 | 0.0118% | +23.29% | 21.28% | −682.36 | #4183 |

- CAGR (7-year): exports 11.72%/yr, imports 16.77%/yr (consistently Deficit)

## Key trade insights: HSN Code 85051900 export-import analysis

### Consistent export growth: 11.72% CAGR over 7 years

India's exports under HSN Code 85051900 have grown at a compound annual rate of 11.72% over 7 fiscal years, rising from ₹17.09 Crore in FY 2018-19 to ₹33.23 Crore in FY 2024-25.

### HSN Code 85051900 ranked #4183 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 85051900 ranks #4183 out of 12657 HSN codes by total export value. Within Sub-Chapter 8505, it ranks #5 of 6. By trade surplus, it ranks #12057 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 85051900 exports

The strongest single-year export movement for HSN Code 85051900 was recorded in FY 2022-23, when exports surged by 59.95% over the prior year.

### India records a trade deficit of ₹682.36 Crore in HSN Code 85051900 goods

In FY 2024-25, India's imports of ₹715.59 Cr exceeded exports of ₹33.23 Cr, resulting in a trade deficit of ₹682.36 Crore — ranking #12057 of 12657 by surplus magnitude.

### Import growth of 16.77% CAGR signals rising demand for Other Permanent Magnets

India's imports under HSN Code 85051900 have grown at 16.77% CAGR, reaching ₹715.59 Crore in FY 2024-25.

### HSN Code 85051900 contributes 7.20% of Sub-Chapter 8505 exports — ranked #5

Among the 6 HSN codes under Sub-Chapter 8505, HSN Code 85051900 ranks #5 by export value — accounting for 7.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 21.28% share (rank #3).

## Related HSN Codes in Sub-Chapter 8505

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 85059000: Other, Including Parts](https://busy.in/hsn/hsn-85059000/) | ₹202 Cr |
| #2 | [HSN Code 85051110: Ferrite Cores](https://busy.in/hsn/hsn-85051110/) | ₹122 Cr |
| #3 | [HSN Code 85052000: Electro-magnetic couplings, clutches, and brakes](https://busy.in/hsn/hsn-85052000/) | ₹64 Cr |
| #4 | [HSN Code 85051190: AC Generators](https://busy.in/hsn/hsn-85051190/) | ₹41 Cr |
| #5 | HSN Code 85051900: Other Permanent Magnets (this hsn code) | ₹33 Cr |
| — | [HSN Code 85053000: Vacuum Cleaners (Domestic, Electric Motor)](https://busy.in/hsn/hsn-85053000/) | — |