--- title: "HSN Code for Magnetic media: Other: Cartridge tape | HSN 85232980 GST Rate" description: "Find HSN and GST Rates for 85232980 related to Magnetic media: Other: Cartridge tape with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-85232980/" --- # HSN Code 85232980: Magnetic media: Other: Cartridge tape - [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: Cartridge tape | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 85232980 ? It includes Optical media: Unrecorded: DVD ### Do e‑way bill and e‑invoice apply for Magnetic media: Other: Cartridge tape? 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: Cartridge tape? 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: Other: Cartridge tape? 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 much GST applies to Magnetic media: Other: Cartridge tape? Under HSN 85232980, Magnetic media: Other: Cartridge tape attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Magnetic media: Other: Cartridge tape? 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 85232980 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−87.01% YoY) — 0.0000% of India's total exports - Imports: ₹57 Cr (+23.02% YoY) — 0.0009% of India's total imports - Trade balance: −₹56 Cr (Deficit); surplus rank #10334 of 12657 HSN codes - Share of Sub-Chapter 8523: 0.03% of its exports; import side 0.53% - Rank within Sub-Chapter 8523: #17 of 69 by export value; import-side #10 ### Key metrics - Export CAGR: 33.26% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8734 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +8,520.00% in FY 2023-24 - Contribution to Sub-Ch. 8523: 0.03% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 85232980 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% | — | 0.01% | 59.80 | 0.0017% | — | 0.63% | −59.70 | #9190 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +450.00% | 0.04% | 56.60 | 0.0017% | −5.35% | 0.61% | −56.05 | #8133 | | FY 2020-21 | 1.55 | 0.0001% | +181.82% | 0.10% | 46.09 | 0.0016% | −18.57% | 0.88% | −44.54 | #7255 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −99.35% | 0.00% | 46.92 | 0.0010% | +1.80% | 0.51% | −46.91 | #10198 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +400.00% | 0.00% | 48.87 | 0.0009% | +4.16% | 0.43% | −48.82 | #9890 | | FY 2023-24 | 4.31 | 0.0001% | +8,520.00% | 0.29% | 46.31 | 0.0008% | −5.24% | 0.52% | −42.00 | #6752 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −87.01% | 0.03% | 56.97 | 0.0009% | +23.02% | 0.53% | −56.41 | #8734 | - CAGR (7-year): exports 33.26%/yr, imports -0.80%/yr (consistently Deficit) ## Key trade insights: HSN Code 85232980 export-import analysis ### Consistent export growth: 33.26% CAGR over 7 years India's exports under HSN Code 85232980 have grown at a compound annual rate of 33.26% over 7 fiscal years, rising from ₹0.10 Crore in FY 2018-19 to ₹0.56 Crore in FY 2024-25. ### HSN Code 85232980 ranked #8734 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 85232980 ranks #8734 out of 12657 HSN codes by total export value. Within Sub-Chapter 8523, it ranks #17 of 69. By trade surplus, it ranks #10334 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 85232980 exports The strongest single-year export movement for HSN Code 85232980 was recorded in FY 2023-24, when exports surged by 8,520.00% over the prior year. ### India records a trade deficit of ₹56.41 Crore in HSN Code 85232980 goods In FY 2024-25, India's imports of ₹56.97 Cr exceeded exports of ₹0.56 Cr, resulting in a trade deficit of ₹56.41 Crore — ranking #10334 of 12657 by surplus magnitude. ### Import growth of -0.80% CAGR signals stable import dependency for Magnetic media: Other: Cartridge tape India's imports under HSN Code 85232980 have grown at -0.80% CAGR, reaching ₹56.97 Crore in FY 2024-25. ### HSN Code 85232980 contributes 0.03% of Sub-Chapter 8523 exports — ranked #17 Among the 69 HSN codes under Sub-Chapter 8523, HSN Code 85232980 ranks #17 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.53% share (rank #10). ## 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 | | #17 | HSN Code 85232980: Magnetic media: Other: Cartridge tape (this hsn code) | < ₹1 Crore |