HSN Code 85211029: Magnetic Tape-Type | Spool Type

HSN Code 85211029 represents Magnetic Tape-Type | Spool Type under GST classification. This code helps businesses identify Magnetic Tape-Type | Spool Type correctly for billing, taxation, and trade. With HSN Code 85211029, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Magnetic Tape-Type | Spool Type.

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Description of Goods for HSN Code 85211029

HSN Code 85211029 relates to the following description.

Description of Goods

Magnetic tape-type : Spool type : Other

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

8521 - Video recording or reproducing apparatus, whether or not incorporating a video tuner

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 85211029 not include?

Magnetic Tape-Type | Spool Type does not include products with the following descriptions.

Magnetic tape-type : Cassette tape-type : Professional video tape recorders with ¾” or 1” tape

Magnetic tape-type : Cassette tape-type : Video recorders betacam or betacam SP or digital betacam S-VHS or digital-S

Magnetic tape-type : Spool type : Professional video tape recorders with ¾” or 1” tape

Magnetic tape-type : Spool type : Video recorders betacam or betacam SP or digital betacam S-VHS or digital-S

Magnetic tape-type : Other: Professional video tape recorders with ¾” or 1” tape

Magnetic tape-type : Other: Video recorders betacam or betacam SP or digital betacam S-VHS or digital-S

India’s Trade Performance — HSN Code 85211029 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

< ₹1 Crore

+50.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

−11.17% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹3 Cr

Trade Deficit

Surplus rank #8388 of 12657 HSN codes

% of Sub-Chapter 8521

FY 2024-25

0.21%

Share of Sub-Chapter 8521’s total exports in FY 2024-25

Import side: 0.68% of Sub-Chapter 8521’s imports

Rank Within Sub-Chapter 8521

FY 2024-25

#7 of 12

Position by export value among HSN codes in Sub-Chapter 8521

Import-side rank: #4 of 12

At a glance

−23.53%

Export CAGR

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

#10193

National Export Rank

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

+50.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.21%

Contribution to Sub-Ch. 8521

Share of Sub-Chapter 8521 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 85211029

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 #8982

Balance

−1.17

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.35% of Sub-Ch. 8521

Imports

1.32 ₹ Cr

0.0000% share

YoY

0.14% of Sub-Ch. 8521

FY 2019-20 Exp. Rank #9466

Balance

−0.80

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

0.67% of Sub-Ch. 8521

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−35.61% YoY

0.17% of Sub-Ch. 8521

FY 2020-21

Balance

−0.95

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8521

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+11.76% YoY

0.31% of Sub-Ch. 8521

FY 2021-22 Exp. Rank #9749

Balance

−1.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.87% of Sub-Ch. 8521

Imports

1.46 ₹ Cr

0.0000% share

+53.68% YoY

0.41% of Sub-Ch. 8521

FY 2022-23 Exp. Rank #10152

Balance

−1.52

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

0.25% of Sub-Ch. 8521

Imports

1.54 ₹ Cr

0.0000% share

+5.48% YoY

0.46% of Sub-Ch. 8521

FY 2023-24 Exp. Rank #10338

Balance

−3.56

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.21% of Sub-Ch. 8521

Imports

3.58 ₹ Cr

0.0001% share

+132.47% YoY

1.07% of Sub-Ch. 8521

FY 2024-25 Exp. Rank #10193

Balance

−3.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+50.00% YoY

0.21% of Sub-Ch. 8521

Imports

3.18 ₹ Cr

0.0001% share

−11.17% YoY

0.68% of Sub-Ch. 8521

CAGR · 7-Year

Exports

−23.53% /yr

Imports

15.78% /yr

Consistently Deficit
Sub-Chapter 8521 total

reference, FY 2024-25

Export

₹13.98 Cr

Import

₹465.25 Cr

Trade Balance

−451.27

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 85211029 Export-Import Analysis

Export Decline: −23.53% CAGR Over 7 Years

India's exports under HSN Code 85211029 have declined at a compound annual rate of −23.53% over 7 fiscal years, falling from ₹0.15 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25.

HSN Code 85211029 Ranked #10193 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 85211029 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 8521, it ranks #7 of 12. By trade surplus, it ranks #8388 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 85211029 Exports

The strongest single-year export movement for HSN Code 85211029 was recorded in FY 2024-25, when exports surged by 50.00% over the prior year.

India Records a Trade Deficit of ₹3.15 Crore in HSN Code 85211029 Goods

In FY 2024-25, India's imports of ₹3.18 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹3.15 Crore — ranking #8388 of 12657 by surplus magnitude.

Import Growth of 15.78% CAGR Signals Rising Demand for Magnetic Tape-Type | Spool Type

India's imports under HSN Code 85211029 have grown at 15.78% CAGR, reaching ₹3.18 Crore in FY 2024-25.

HSN Code 85211029 Contributes 0.21% of Sub-Chapter 8521 Exports — Ranked #7

Among the 12 HSN codes under Sub-Chapter 8521, HSN Code 85211029 ranks #7 by export value — accounting for 0.21% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.68% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 85211029 and GST compliance.

What products are classified under HSN 85211029 ?

It includes Pick-Up Cartridges

Can we claim ITC on inputs used to trade Magnetic Tape-Type / Spool Type?

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 Magnetic Tape-Type / Spool Type is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Magnetic Tape-Type / Spool Type; Nil for exempt items if applicable).

Any common misclassification issue with Magnetic Tape-Type / Spool Type?

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 Magnetic Tape-Type / Spool Type?

Under HSN 85211029, Magnetic Tape-Type / Spool Type attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Magnetic Tape-Type / Spool Type?

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.

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.