--- title: "HSN Code for Magnetic Media| Other| Audio Cassettes | HSN 85232910 GST Rate" description: "Find HSN and GST Rates for 85232910 related to Magnetic Media| Other| Audio Cassettes with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-85232910/" --- # HSN Code 85232910: Magnetic Media| Other| Audio Cassettes - [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: Other: Audio cassettes | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 85232910 ? It includes Magnetic media: Other: Cartridge tape ### How should mixed supplies be billed when Magnetic Media/ Other/ Audio Cassettes is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Magnetic Media/ Other/ Audio Cassettes; Nil for exempt items if applicable). ### How much GST applies to Magnetic Media/ Other/ Audio Cassettes? Under HSN 85232910, Magnetic Media/ Other/ Audio Cassettes attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Magnetic Media/ Other/ Audio Cassettes? 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. ### Can we claim ITC on inputs used to trade Magnetic Media/ Other/ Audio Cassettes? 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 Magnetic Media/ Other/ Audio Cassettes? 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. ### Any common misclassification issue with Magnetic Media/ Other/ Audio Cassettes? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 85232910 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−40.00% YoY) — 0.0000% of India's total exports - Imports: ₹2 Cr (−42.47% YoY) — 0.0000% of India's total imports - Trade balance: −₹2 Cr (Deficit); surplus rank #8116 of 12657 HSN codes - Share of Sub-Chapter 8523: 0.00% of its exports; import side 0.02% - Rank within Sub-Chapter 8523: #22 of 69 by export value; import-side #21 ### Key metrics - Export CAGR: -13.17% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #10193 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +142.86% in FY 2019-20 - Contribution to Sub-Ch. 8523: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 85232910 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 | < ₹1 Crore | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.01% | −0.80 | #9371 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +142.86% | 0.01% | < ₹1 Crore | 0.0000% | −75.86% | 0.00% | −0.04 | #8918 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +94.12% | 0.02% | < ₹1 Crore | 0.0000% | −38.10% | 0.00% | +0.20 | #8538 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −30.30% | 0.01% | 1.04 | 0.0000% | +700.00% | 0.01% | −0.81 | #9112 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −86.96% | 0.00% | 1.30 | 0.0000% | +25.00% | 0.01% | −1.27 | #10045 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +66.67% | 0.00% | 2.99 | 0.0001% | +130.00% | 0.03% | −2.94 | #10057 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −40.00% | 0.00% | 1.72 | 0.0000% | −42.47% | 0.02% | −1.69 | #10193 | - CAGR (7-year): exports -13.17%/yr, imports 12.03%/yr (consistently Deficit) ## Key trade insights: HSN Code 85232910 export-import analysis ### Export decline: -13.17% CAGR over 7 years India's exports under HSN Code 85232910 have declined at a compound annual rate of -13.17% over 7 fiscal years, falling from ₹0.07 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25. ### HSN Code 85232910 ranked #10193 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 85232910 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 8523, it ranks #22 of 69. By trade surplus, it ranks #8116 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 85232910 exports The strongest single-year export movement for HSN Code 85232910 was recorded in FY 2019-20, when exports surged by 142.86% over the prior year. ### India records a trade deficit of ₹1.69 Crore in HSN Code 85232910 goods In FY 2024-25, India's imports of ₹1.72 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹1.69 Crore — ranking #8116 of 12657 by surplus magnitude. ### Import growth of 12.03% CAGR signals rising demand for Magnetic Media| Other| Audio Cassettes India's imports under HSN Code 85232910 have grown at 12.03% CAGR, reaching ₹1.72 Crore in FY 2024-25. ### HSN Code 85232910 contributes 0.00% of Sub-Chapter 8523 exports — ranked #22 Among the 69 HSN codes under Sub-Chapter 8523, HSN Code 85232910 ranks #22 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #21). ## 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](https://busy.in/hsn/hsn-85232100/) | ₹6 Cr | | #22 | HSN Code 85232910: Magnetic Media\| Other\| Audio Cassettes (this hsn code) | < ₹1 Crore |