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HSN Code 85312000: Liquid Crystal/Light Emitting Diode Indicator Panels

HSN Code 85312000 represents Liquid Crystal/Light Emitting Diode Indicator Panels under GST classification. This code helps businesses identify Liquid Crystal/Light Emitting Diode Indicator Panels correctly for billing, taxation, and trade. With HSN Code 85312000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Liquid Crystal/Light Emitting Diode Indicator Panels.

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Description of Goods for HSN Code 85312000

HSN Code 85312000 relates to the following description.

Description of Goods

Indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LED)

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

8531 - Electric sound or visual signalling apparatus (for example, bells, sirens, indicator panels, burglar or fire alarms), other than those of heading 8512 or 8530

CGST

9%

SGST

9%

IGST

18%

CESS

0%

5% when supplied as renewable-energy devices or parts for their manufacture, or as parts of vessels of 8901, 8902, 8904-8907; 18% otherwise. Source: Notification 9/2025-Central Tax (Rate), Schedule I, S. No. 437 and 472.

What does HSN Code 85312000 not include?

Liquid Crystal/Light Emitting Diode Indicator Panels does not include products with the following descriptions.

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India’s Trade Performance — HSN Code 85312000 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹87 Cr

+28.48% vs FY 2024-25

0.0022% of India’s total exports

India’s Imports

FY 2025-26

₹346 Cr

+10.00% vs FY 2024-25

0.0050% of India’s total imports

Trade Balance

FY 2025-26

−₹259 Cr

Trade Deficit

Surplus rank #11567 of 12872 HSN codes

% of Sub-Chapter 8531

FY 2025-26

11.95%

Share of Sub-Chapter 8531’s total exports in FY 2025-26

Import side: 13.37% of Sub-Chapter 8531’s imports

Rank Within Sub-Chapter 8531

FY 2025-26

#4 of 6

Position by export value among HSN codes in Sub-Chapter 8531

Import-side rank: #4 of 6

At a glance

11.50%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#3028

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+137.93%

Peak Growth Year

FY 2022-23 · strongest single-year move

11.95%

Contribution to Sub-Ch. 8531

Share of Sub-Chapter 8531 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 85312000

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #3184

Balance

−219.56

Exports

40.42 ₹ Cr

0.0018% share

— YoY

10.33% of Sub-Ch. 8531

Imports

259.98 ₹ Cr

0.0073% share

— YoY

17.05% of Sub-Ch. 8531

FY 2019-20 Exp. Rank #3403

Balance

−211.58

Exports

34.51 ₹ Cr

0.0016% share

−14.62% YoY

7.67% of Sub-Ch. 8531

Imports

246.09 ₹ Cr

0.0074% share

−5.34% YoY

16.73% of Sub-Ch. 8531

FY 2020-21 Exp. Rank #3787

Balance

−200.50

Exports

27.26 ₹ Cr

0.0013% share

−21.01% YoY

7.34% of Sub-Ch. 8531

Imports

227.76 ₹ Cr

0.0078% share

−7.45% YoY

19.41% of Sub-Ch. 8531

FY 2021-22 Exp. Rank #4433

Balance

−307.76

Exports

22.57 ₹ Cr

0.0007% share

−17.20% YoY

5.48% of Sub-Ch. 8531

Imports

330.33 ₹ Cr

0.0072% share

+45.03% YoY

21.31% of Sub-Ch. 8531

FY 2022-23 Exp. Rank #3384

Balance

−409.83

Exports

53.70 ₹ Cr

0.0015% share

+137.93% YoY

9.58% of Sub-Ch. 8531

Imports

463.53 ₹ Cr

0.0081% share

+40.32% YoY

20.70% of Sub-Ch. 8531

FY 2023-24 Exp. Rank #2385

Balance

−315.12

Exports

116.52 ₹ Cr

0.0032% share

+116.98% YoY

16.44% of Sub-Ch. 8531

Imports

431.64 ₹ Cr

0.0077% share

−6.88% YoY

18.41% of Sub-Ch. 8531

FY 2024-25 Exp. Rank #3207

Balance

−247.19

Exports

67.39 ₹ Cr

0.0018% share

−42.16% YoY

8.90% of Sub-Ch. 8531

Imports

314.58 ₹ Cr

0.0052% share

−27.12% YoY

13.54% of Sub-Ch. 8531

FY 2025-26 Exp. Rank #3028

Balance

−259.45

Exports

86.58 ₹ Cr

0.0022% share

+28.48% YoY

11.95% of Sub-Ch. 8531

Imports

346.03 ₹ Cr

0.0050% share

+10.00% YoY

13.37% of Sub-Ch. 8531

CAGR · 8-Year

Exports

11.50% /yr

Imports

4.17% /yr

Consistently Deficit
Sub-Chapter 8531 total

reference, FY 2025-26

Export

₹724.73 Cr

Import

₹2,587.22 Cr

Trade Balance

−1,862.49

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

Key Trade Insights: HSN Code 85312000 Export-Import Analysis

Consistent Export Growth: 11.50% CAGR Over 8 Years

India's exports under HSN Code 85312000 have grown at a compound annual rate of 11.50% over 8 fiscal years, rising from ₹40.42 Crore in FY 2018-19 to ₹86.58 Crore in FY 2025-26.

HSN Code 85312000 Ranked #3028 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 85312000 ranks #3028 out of 12872 HSN codes by total export value. Within Sub-Chapter 8531, it ranks #4 of 6. By trade surplus, it ranks #11567 of 12872.

FY 2022-23 Was the Strongest Growth Year for HSN Code 85312000 Exports

The strongest single-year export movement for HSN Code 85312000 was recorded in FY 2022-23, when exports surged by 137.93% over the prior year.

India Records a Trade Deficit of ₹259.45 Crore in HSN Code 85312000 Goods

In FY 2025-26, India's imports of ₹346.03 Cr exceeded exports of ₹86.58 Cr, resulting in a trade deficit of ₹259.45 Crore — ranking #11567 of 12872 by surplus magnitude.

Import Growth of 4.17% CAGR Signals Stable Import Dependency for Liquid Crystal/Light Emitting Diode Indicator Panels

India's imports under HSN Code 85312000 have grown at 4.17% CAGR, reaching ₹346.03 Crore in FY 2025-26.

HSN Code 85312000 Contributes 11.95% of Sub-Chapter 8531 Exports — Ranked #4

Among the 6 HSN codes under Sub-Chapter 8531, HSN Code 85312000 ranks #4 by export value — accounting for 11.95% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 13.37% share (rank #4).

Frequently Asked Questions

Clear answers to common queries about HSN Code 85312000 and GST compliance.

What products are classified under HSN 85312000 ?

It includes Ceramic dielectric, multilayer capacitors

Do e‑way bill and e‑invoice apply for Liquid Crystal/Light Emitting Diode Indicator Panels?

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.

Can we claim ITC on inputs used to trade Liquid Crystal/Light Emitting Diode Indicator Panels?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Liquid Crystal/Light Emitting Diode Indicator Panels?

Under HSN 85312000, Liquid Crystal/Light Emitting Diode Indicator Panels attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Liquid Crystal/Light Emitting Diode Indicator Panels?

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 should mixed supplies be billed when Liquid Crystal/Light Emitting Diode Indicator Panels is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Liquid Crystal/Light Emitting Diode Indicator Panels; Nil for exempt items if applicable).

Any common misclassification issue with Liquid Crystal/Light Emitting Diode Indicator Panels?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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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.