--- title: "HSN Code for Industrial & Laboratory Electric Furnace Parts | HSN 85149000 GST Rate" description: "Find HSN and GST Rates for 85149000 related to Industrial & Laboratory Electric Furnace Parts with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-85149000/" --- # HSN Code 85149000: Industrial & Laboratory Electric Furnace Parts - [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 8514: Industrial electric furnaces & ovens](https://busy.in/hsn/sub-chapter-8514/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Parts | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 85149000 ? It includes Fully/Partly Automatic Arc Welding Machines ### Any common misclassification issue with Industrial & Laboratory Electric Furnace Parts? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Industrial & Laboratory Electric Furnace Parts? 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. ### How should mixed supplies be billed when Industrial & Laboratory Electric Furnace Parts is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Industrial & Laboratory Electric Furnace Parts; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Industrial & Laboratory Electric Furnace Parts? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Industrial & Laboratory Electric Furnace Parts? 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. ## India's trade performance: HSN Code 85149000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹556 Cr (+12.89% YoY) — 0.0151% of India's total exports - Imports: ₹432 Cr (−7.35% YoY) — 0.0071% of India's total imports - Trade balance: ₹125 Cr (Surplus); surplus rank #1452 of 12657 HSN codes - Share of Sub-Chapter 8514: 50.68% of its exports; import side 21.49% - Rank within Sub-Chapter 8514: #1 of 11 by export value; import-side #2 ### Key metrics - Export CAGR: 20.35% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #911 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +49.63% in FY 2023-24 - Contribution to Sub-Ch. 8514: 50.68% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 85149000 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. 8514 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8514 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 183.09 | 0.0080% | — | 26.48% | 125.92 | 0.0035% | — | 16.06% | +57.17 | #1401 | | FY 2019-20 | 246.18 | 0.0112% | +34.46% | 30.44% | 138.86 | 0.0041% | +10.28% | 14.99% | +107.32 | #1151 | | FY 2020-21 | 221.88 | 0.0103% | −9.87% | 37.26% | 155.00 | 0.0053% | +11.62% | 18.77% | +66.88 | #1263 | | FY 2021-22 | 316.11 | 0.0101% | +42.47% | 36.07% | 231.22 | 0.0051% | +49.17% | 27.32% | +84.89 | #1252 | | FY 2022-23 | 329.32 | 0.0091% | +4.18% | 31.72% | 297.06 | 0.0052% | +28.48% | 23.55% | +32.26 | #1247 | | FY 2023-24 | 492.76 | 0.0136% | +49.63% | 39.79% | 465.88 | 0.0083% | +56.83% | 32.02% | +26.88 | #970 | | FY 2024-25 | 556.27 | 0.0151% | +12.89% | 50.68% | 431.62 | 0.0071% | −7.35% | 21.49% | +124.65 | #911 | - CAGR (7-year): exports 20.35%/yr, imports 22.79%/yr (consistently Surplus) ## Key trade insights: HSN Code 85149000 export-import analysis ### Consistent export growth: 20.35% CAGR over 7 years India's exports under HSN Code 85149000 have grown at a compound annual rate of 20.35% over 7 fiscal years, rising from ₹183.09 Crore in FY 2018-19 to ₹556.27 Crore in FY 2024-25. ### HSN Code 85149000 ranked #911 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 85149000 ranks #911 out of 12657 HSN codes by total export value. Within Sub-Chapter 8514, it ranks #1 of 11. By trade surplus, it ranks #1452 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 85149000 exports The strongest single-year export movement for HSN Code 85149000 was recorded in FY 2023-24, when exports surged by 49.63% over the prior year. ### India maintains a trade surplus of ₹124.65 Crore in HSN Code 85149000 goods In FY 2024-25, India's exports of ₹556.27 Cr exceeded imports of ₹431.62 Cr, resulting in a trade surplus of ₹124.65 Crore — ranking #1452 of 12657 by surplus magnitude. ### Import growth of 22.79% CAGR signals rising demand for Industrial & Laboratory Electric Furnace Parts India's imports under HSN Code 85149000 have grown at 22.79% CAGR, reaching ₹431.62 Crore in FY 2024-25. ### HSN Code 85149000 contributes 50.68% of Sub-Chapter 8514 exports — ranked #1 Among the 11 HSN codes under Sub-Chapter 8514, HSN Code 85149000 ranks #1 by export value — accounting for 50.68% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 21.49% share (rank #2). ## Related HSN Codes in Sub-Chapter 8514 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 85149000: Industrial & Laboratory Electric Furnace Parts (this hsn code) | ₹556 Cr | | #2 | [HSN Code 85142000: Induction/dielectric loss furnaces, ovens](https://busy.in/hsn/hsn-85142000/) | ₹329 Cr | | #3 | [HSN Code 85144000: Other Induction/Dielectric Heating Equipment](https://busy.in/hsn/hsn-85144000/) | ₹86 Cr | | #4 | [HSN Code 85143900: Other Furnaces And Ovens\| Other](https://busy.in/hsn/hsn-85143900/) | ₹67 Cr | | #5 | [HSN Code 85141900: Resistance heated furnaces and ovens: Other](https://busy.in/hsn/hsn-85141900/) | ₹46 Cr | | #6 | [HSN Code 85141100: Resistance heated furnaces](https://busy.in/hsn/hsn-85141100/) | ₹11 Cr | | #7 | [HSN Code 85143100: Other furnaces and ovens: Electron beam furnaces](https://busy.in/hsn/hsn-85143100/) | ₹3 Cr | | #8 | [HSN Code 85143200: Plasma and vacuum arc furnaces](https://busy.in/hsn/hsn-85143200/) | < ₹1 Crore | | — | [HSN Code 85141000: Melting Industrial/Lab Furnaces/Ovens](https://busy.in/hsn/hsn-85141000/) | Nil | | — | [HSN Code 85143010: Other Industrial/Lab Electric Furnaces/Ovens](https://busy.in/hsn/hsn-85143010/) | Nil |