--- title: "HSN Code for IT software: Optical media | HSN 85238020 GST Rate" description: "Find HSN and GST Rates for 85238020 related to IT software: Optical media with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-85238020/" --- # HSN Code 85238020: IT software: Optical media - [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 | | --- | --- | --- | --- | --- | | Optical media: Other : Other : Information technology software | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 85238020 ? It includes OLEDs without Drivers or Control Circuits ### Any common misclassification issue with IT software: Optical media? 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 IT software: Optical media? 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 IT software: Optical media? Under HSN 85238020, IT software: Optical media attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade IT software: Optical media? 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 IT software: Optical media is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for IT software: Optical media; Nil for exempt items if applicable). ## India's trade performance: HSN Code 85238020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹220 Cr (+88.37% YoY) — 0.0060% of India's total exports - Imports: ₹2,692 Cr (+52.12% YoY) — 0.0443% of India's total imports - Trade balance: −₹2,472 Cr (Deficit); surplus rank #12456 of 12657 HSN codes - Share of Sub-Chapter 8523: 12.61% of its exports; import side 25.24% - Rank within Sub-Chapter 8523: #5 of 69 by export value; import-side #2 ### Key metrics - Export CAGR: -14.67% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1741 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +88.37% in FY 2024-25 - Contribution to Sub-Ch. 8523: 12.61% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 85238020 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 | 570.03 | 0.0249% | — | 28.62% | 5,500.43 | 0.1534% | — | 57.60% | −4,930.40 | #572 | | FY 2019-20 | 302.59 | 0.0137% | −46.92% | 20.21% | 5,406.53 | 0.1615% | −1.71% | 58.52% | −5,103.94 | #976 | | FY 2020-21 | 108.51 | 0.0050% | −64.14% | 6.83% | 1,358.52 | 0.0466% | −74.87% | 25.82% | −1,250.01 | #1979 | | FY 2021-22 | 138.12 | 0.0044% | +27.29% | 4.10% | 1,034.85 | 0.0226% | −23.83% | 11.24% | −896.73 | #2035 | | FY 2022-23 | 161.09 | 0.0044% | +16.63% | 3.36% | 1,586.42 | 0.0276% | +53.30% | 13.88% | −1,425.33 | #1967 | | FY 2023-24 | 116.85 | 0.0032% | −27.46% | 7.87% | 1,769.75 | 0.0315% | +11.56% | 19.98% | −1,652.90 | #2382 | | FY 2024-25 | 220.11 | 0.0060% | +88.37% | 12.61% | 2,692.09 | 0.0443% | +52.12% | 25.24% | −2,471.98 | #1741 | - CAGR (7-year): exports -14.67%/yr, imports -11.23%/yr (consistently Deficit) ## Key trade insights: HSN Code 85238020 export-import analysis ### Export decline: -14.67% CAGR over 7 years India's exports under HSN Code 85238020 have declined at a compound annual rate of -14.67% over 7 fiscal years, falling from ₹570.03 Crore in FY 2018-19 to ₹220.11 Crore in FY 2024-25. ### HSN Code 85238020 ranked #1741 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 85238020 ranks #1741 out of 12657 HSN codes by total export value. Within Sub-Chapter 8523, it ranks #5 of 69. By trade surplus, it ranks #12456 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 85238020 exports The strongest single-year export movement for HSN Code 85238020 was recorded in FY 2024-25, when exports surged by 88.37% over the prior year. ### India records a trade deficit of ₹2,471.98 Crore in HSN Code 85238020 goods In FY 2024-25, India's imports of ₹2,692.09 Cr exceeded exports of ₹220.11 Cr, resulting in a trade deficit of ₹2,471.98 Crore — ranking #12456 of 12657 by surplus magnitude. ### Import growth of -11.23% CAGR signals stable import dependency for IT software: Optical media India's imports under HSN Code 85238020 have grown at -11.23% CAGR, reaching ₹2,692.09 Crore in FY 2024-25. ### HSN Code 85238020 contributes 12.61% of Sub-Chapter 8523 exports — ranked #5 Among the 69 HSN codes under Sub-Chapter 8523, HSN Code 85238020 ranks #5 by export value — accounting for 12.61% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 25.24% share (rank #2). ## 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 (this hsn code) | ₹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 |