---
title: "HSN Code for Magnetic media: Magnetic stripe cards | HSN 85232100 GST Rate"
description: "Find HSN and GST Rates for 85232100 related to Magnetic media: Magnetic stripe cards with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-85232100/"
---

# HSN Code 85232100: Magnetic media: Magnetic stripe cards

- [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 8523: Recording discs and tapes](https://busy.in/hsn/sub-chapter-8523/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Magnetic media: Cards incorporating a magnetic stripe | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 85232100 ?

It includes Magnetic discs

### How should mixed supplies be billed when Magnetic media: Magnetic stripe cards is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Magnetic media: Magnetic stripe cards; Nil for exempt items if applicable).

### Any common misclassification issue with Magnetic media: Magnetic stripe cards?

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 Magnetic media: Magnetic stripe cards?

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.

### Do e‑way bill and e‑invoice apply for Magnetic media: Magnetic stripe cards?

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 much GST applies to Magnetic media: Magnetic stripe cards?

Under HSN 85232100, Magnetic media: Magnetic stripe cards attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 85232100 (FY 2024-25)

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

- Exports: ₹6 Cr (+178.22% YoY) — 0.0002% of India's total exports
- Imports: ₹11 Cr (−21.69% YoY) — 0.0002% of India's total imports
- Trade balance: −₹4 Cr (Deficit); surplus rank #8540 of 12657 HSN codes
- Share of Sub-Chapter 8523: 0.36% of its exports; import side 0.10%
- Rank within Sub-Chapter 8523: #10 of 69 by export value; import-side #16

### Key metrics

- Export CAGR: -13.65% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #6354 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +178.22% in FY 2024-25
- Contribution to Sub-Ch. 8523: 0.36% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 85232100

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. 8523 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8523 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 15.10 | 0.0007% | — | 0.76% | 11.29 | 0.0003% | — | 0.12% | +3.81 | #4464 |
| FY 2019-20 | 11.50 | 0.0005% | −23.84% | 0.77% | 13.39 | 0.0004% | +18.60% | 0.14% | −1.89 | #4824 |
| FY 2020-21 | 9.87 | 0.0005% | −14.17% | 0.62% | 5.30 | 0.0002% | −60.42% | 0.10% | +4.57 | #5099 |
| FY 2021-22 | 9.85 | 0.0003% | −0.20% | 0.29% | 5.98 | 0.0001% | +12.83% | 0.06% | +3.87 | #5498 |
| FY 2022-23 | 7.49 | 0.0002% | −23.96% | 0.16% | 15.31 | 0.0003% | +156.02% | 0.13% | −7.82 | #6001 |
| FY 2023-24 | 2.25 | 0.0001% | −69.96% | 0.15% | 13.51 | 0.0002% | −11.76% | 0.15% | −11.26 | #7460 |
| FY 2024-25 | 6.26 | 0.0002% | +178.22% | 0.36% | 10.58 | 0.0002% | −21.69% | 0.10% | −4.32 | #6354 |

- CAGR (7-year): exports -13.65%/yr, imports -1.08%/yr (consistently Deficit)

## Key trade insights: HSN Code 85232100 export-import analysis

### Export decline: -13.65% CAGR over 7 years

India's exports under HSN Code 85232100 have declined at a compound annual rate of -13.65% over 7 fiscal years, falling from ₹15.10 Crore in FY 2018-19 to ₹6.26 Crore in FY 2024-25.

### HSN Code 85232100 ranked #6354 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 85232100 ranks #6354 out of 12657 HSN codes by total export value. Within Sub-Chapter 8523, it ranks #10 of 69. By trade surplus, it ranks #8540 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 85232100 exports

The strongest single-year export movement for HSN Code 85232100 was recorded in FY 2024-25, when exports surged by 178.22% over the prior year.

### India records a trade deficit of ₹4.32 Crore in HSN Code 85232100 goods

In FY 2024-25, India's imports of ₹10.58 Cr exceeded exports of ₹6.26 Cr, resulting in a trade deficit of ₹4.32 Crore — ranking #8540 of 12657 by surplus magnitude.

### Import growth of -1.08% CAGR signals stable import dependency for Magnetic media: Magnetic stripe cards

India's imports under HSN Code 85232100 have grown at -1.08% CAGR, reaching ₹10.58 Crore in FY 2024-25.

### HSN Code 85232100 contributes 0.36% of Sub-Chapter 8523 exports — ranked #10

Among the 69 HSN codes under Sub-Chapter 8523, HSN Code 85232100 ranks #10 by export value — accounting for 0.36% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.10% share (rank #16).

## Related HSN Codes in Sub-Chapter 8523

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 85235210: Optical Media\| Smart Cards \| Sim Cards](https://busy.in/hsn/hsn-85235210/) | ₹423 Cr |
| #2 | [HSN Code 85235910: Optical media: Other : Proximity cards and tags](https://busy.in/hsn/hsn-85235910/) | ₹366 Cr |
| #3 | [HSN Code 85235290: Optical Media\| Smart Cards \| Other](https://busy.in/hsn/hsn-85235290/) | ₹313 Cr |
| #4 | [HSN Code 85235100: Solid-state non-volatile storage devices](https://busy.in/hsn/hsn-85235100/) | ₹285 Cr |
| #5 | [HSN Code 85238020: IT software: Optical media](https://busy.in/hsn/hsn-85238020/) | ₹220 Cr |
| #6 | [HSN Code 85235220: Optical Media\| Memory Cards](https://busy.in/hsn/hsn-85235220/) | ₹48 Cr |
| #7 | [HSN Code 85238090: Optical Media\| Other \| Other](https://busy.in/hsn/hsn-85238090/) | ₹34 Cr |
| #8 | [HSN Code 85234990: Optical Media\| Other \| Other](https://busy.in/hsn/hsn-85234990/) | ₹30 Cr |
| #9 | [HSN Code 85234940: Optical media: Other : DVD](https://busy.in/hsn/hsn-85234940/) | ₹7 Cr |
| #10 | HSN Code 85232100: Magnetic media: Magnetic stripe cards (this hsn code) | ₹6 Cr |