HSN Code 85321000: Power Capacitor (>=0.5 kvar)

HSN Code 85321000 represents Power Capacitor (>=0.5 kvar) under GST classification. This code helps businesses identify Power Capacitor (>=0.5 kvar) correctly for billing, taxation, and trade. With HSN Code 85321000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Power Capacitor (>=0.5 kvar).

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Description of Goods for HSN Code 85321000

HSN Code 85321000 relates to the following description.

Description of Goods

Fixed capacitors designed for use in 50 or 60 Hz circuits and having a reactive power handling capacity of not less than 0.5 kvar (power capacitors)

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

8532 - Electrical capacitors, fixed, variable or adjustable (pre-set)

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 85321000 not include?

Power Capacitor (>=0.5 kvar) does not include products with the following descriptions.

India’s Trade Performance — HSN Code 85321000 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹493 Cr

+14.25% vs FY 2023-24

0.0134% of India’s total exports

India’s Imports

FY 2024-25

₹303 Cr

−45.50% vs FY 2023-24

0.0050% of India’s total imports

Trade Balance

FY 2024-25

₹190 Cr

Trade Surplus

Surplus rank #1182 of 12657 HSN codes

% of Sub-Chapter 8532

FY 2024-25

40.82%

Share of Sub-Chapter 8532’s total exports in FY 2024-25

Import side: 2.96% of Sub-Chapter 8532’s imports

Rank Within Sub-Chapter 8532

FY 2024-25

#1 of 10

Position by export value among HSN codes in Sub-Chapter 8532

Import-side rank: #4 of 10

At a glance

10.51%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#1023

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+28.80%

Peak Growth Year

FY 2020-21 · strongest single-year move

40.82%

Contribution to Sub-Ch. 8532

Share of Sub-Chapter 8532 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 85321000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #1057

Balance

+12.29

Exports

270.65 ₹ Cr

0.0118% share

YoY

26.96% of Sub-Ch. 8532

Imports

258.36 ₹ Cr

0.0072% share

YoY

5.35% of Sub-Ch. 8532

FY 2019-20 Exp. Rank #1217

Balance

+74.91

Exports

226.62 ₹ Cr

0.0103% share

−16.27% YoY

25.88% of Sub-Ch. 8532

Imports

151.71 ₹ Cr

0.0045% share

−41.28% YoY

3.17% of Sub-Ch. 8532

FY 2020-21 Exp. Rank #1051

Balance

+98.23

Exports

291.89 ₹ Cr

0.0136% share

+28.80% YoY

31.85% of Sub-Ch. 8532

Imports

193.66 ₹ Cr

0.0066% share

+27.65% YoY

3.96% of Sub-Ch. 8532

FY 2021-22 Exp. Rank #1113

Balance

+105.55

Exports

364.37 ₹ Cr

0.0116% share

+24.83% YoY

30.76% of Sub-Ch. 8532

Imports

258.82 ₹ Cr

0.0057% share

+33.65% YoY

4.05% of Sub-Ch. 8532

FY 2022-23 Exp. Rank #1225

Balance

−341.90

Exports

339.71 ₹ Cr

0.0094% share

−6.77% YoY

26.28% of Sub-Ch. 8532

Imports

681.61 ₹ Cr

0.0119% share

+163.35% YoY

8.94% of Sub-Ch. 8532

FY 2023-24 Exp. Rank #1084

Balance

−125.14

Exports

431.50 ₹ Cr

0.0119% share

+27.02% YoY

30.13% of Sub-Ch. 8532

Imports

556.64 ₹ Cr

0.0099% share

−18.33% YoY

5.92% of Sub-Ch. 8532

FY 2024-25 Exp. Rank #1023

Balance

+189.64

Exports

493.00 ₹ Cr

0.0134% share

+14.25% YoY

40.82% of Sub-Ch. 8532

Imports

303.36 ₹ Cr

0.0050% share

−45.50% YoY

2.96% of Sub-Ch. 8532

CAGR · 7-Year

Exports

10.51% /yr

Imports

2.71% /yr

Consistently Surplus
Sub-Chapter 8532 total

reference, FY 2024-25

Export

₹1,207.77 Cr

Import

₹10,259.38 Cr

Trade Balance

−9,051.61

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

Key Trade Insights: HSN Code 85321000 Export-Import Analysis

Consistent Export Growth: 10.51% CAGR Over 7 Years

India's exports under HSN Code 85321000 have grown at a compound annual rate of 10.51% over 7 fiscal years, rising from ₹270.65 Crore in FY 2018-19 to ₹493.00 Crore in FY 2024-25.

HSN Code 85321000 Ranked #1023 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 85321000 ranks #1023 out of 12657 HSN codes by total export value. Within Sub-Chapter 8532, it ranks #1 of 10. By trade surplus, it ranks #1182 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 85321000 Exports

The strongest single-year export movement for HSN Code 85321000 was recorded in FY 2020-21, when exports surged by 28.80% over the prior year.

India Maintains a Trade Surplus of ₹189.64 Crore in HSN Code 85321000 Goods

In FY 2024-25, India's exports of ₹493.00 Cr exceeded imports of ₹303.36 Cr, resulting in a trade surplus of ₹189.64 Crore — ranking #1182 of 12657 by surplus magnitude.

Import Growth of 2.71% CAGR Signals Stable Import Dependency for Power Capacitor (>=0.5 kvar)

India's imports under HSN Code 85321000 have grown at 2.71% CAGR, reaching ₹303.36 Crore in FY 2024-25.

HSN Code 85321000 Contributes 40.82% of Sub-Chapter 8532 Exports — Ranked #1

Among the 10 HSN codes under Sub-Chapter 8532, HSN Code 85321000 ranks #1 by export value — accounting for 40.82% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.96% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 85321000 and GST compliance.

What products are classified under HSN 85321000 ?

It includes Other fixed capacitors : Other : Other

Any common misclassification issue with Power Capacitor (>=0.5 kvar)?

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

How should mixed supplies be billed when Power Capacitor (>=0.5 kvar) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Power Capacitor (>=0.5 kvar); Nil for exempt items if applicable).

How much GST applies to Power Capacitor (>=0.5 kvar)?

Under HSN 85321000, Power Capacitor (>=0.5 kvar) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Power Capacitor (>=0.5 kvar)?

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 Power Capacitor (>=0.5 kvar)?

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

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.