HSN Code 85423100 represents Electronic integrated circuits: Processors and controllers under GST classification. This code helps businesses identify Electronic integrated circuits: Processors and controllers correctly for billing, taxation, and trade. With HSN Code 85423100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Electronic integrated circuits: Processors and controllers.
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HSN Code 85423100 relates to the following description.
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
Electronic integrated circuits
Electronic integrated circuits: Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
9%
9%
18%
0%
Description of Goods
Electronic integrated circuits: Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
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
8542 - Electronic integrated circuits
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Electronic integrated circuits: Processors and controllers does not include products with the following descriptions.
Electronic integrated circuits and micro-assemblies -cards incorporating an electronic integrated circuit *smarv cards): sim cards
Electronic integrated circuits and micro-assemblies -cards incorporating an electronic integrated circuit *smarv cards): memory cards
Electronic integrated circuits and micro-assemblies -cards incorporating an electronic integrated circuit *smarv cards): other
Electronic integrated circuits and micro-assemblies - monolithic integrated circuits: digital
Electronic integrated circuits and micro-assemblies - monolithic integrated circuits: - other: cards incorporating only a single electronic integrated circuit with optical strip
Electronic integrated circuits and micro-assemblies - monolithic integrated circuits: - other: other
Electronic integrated circuits: Memories
Electronic integrated circuits: Amplifiers
Other: Other
Electronic integrated circuits and micro-assemblies hybrid integrated circuits
Electronic integrated circuits and micro-assemblies electronic microassemblies
Parts
Electronic integrated circuits and micro-assemblies -cards incorporating an electronic integrated circuit *smarv cards): sim cards
Electronic integrated circuits and micro-assemblies -cards incorporating an electronic integrated circuit *smarv cards): memory cards
Electronic integrated circuits and micro-assemblies -cards incorporating an electronic integrated circuit *smarv cards): other
Electronic integrated circuits and micro-assemblies - monolithic integrated circuits: digital
Electronic integrated circuits and micro-assemblies - monolithic integrated circuits: - other: cards incorporating only a single electronic integrated circuit with optical strip
Electronic integrated circuits and micro-assemblies - monolithic integrated circuits: - other: other
Electronic integrated circuits: Memories
Electronic integrated circuits: Amplifiers
Other: Other
Electronic integrated circuits and micro-assemblies hybrid integrated circuits
Electronic integrated circuits and micro-assemblies electronic microassemblies
Parts
India’s Exports
FY 2024-25₹1,448 Cr
0.0394% of India’s total exports
India’s Imports
FY 2024-25₹1,28,117 Cr
2.1087% of India’s total imports
Trade Balance
FY 2024-25−₹1,26,669 Cr
Surplus rank #12655 of 12657 HSN codes
% of Sub-Chapter 8542
FY 2024-2567.39%
Share of Sub-Chapter 8542’s total exports in FY 2024-25
Import side: 61.41% of Sub-Chapter 8542’s imports
Rank Within Sub-Chapter 8542
FY 2024-25#1 of 13
Position by export value among HSN codes in Sub-Chapter 8542
Import-side rank: #1 of 13
At a glance
24.02%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#379
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+78.58%
Peak Growth Year
FY 2019-20 · strongest single-year move
67.39%
Contribution to Sub-Ch. 8542
Share of Sub-Chapter 8542 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−32,773.37
Exports
398.01 ₹ Cr
0.0174% share
— YoY
22.41% of Sub-Ch. 8542
Imports
33,171.38 ₹ Cr
0.9254% share
— YoY
53.96% of Sub-Ch. 8542
Balance
−35,756.43
Exports
710.78 ₹ Cr
0.0323% share
+78.58% YoY
40.57% of Sub-Ch. 8542
Imports
36,467.21 ₹ Cr
1.0893% share
+9.94% YoY
50.95% of Sub-Ch. 8542
Balance
−36,462.27
Exports
891.71 ₹ Cr
0.0415% share
+25.46% YoY
43.19% of Sub-Ch. 8542
Imports
37,353.98 ₹ Cr
1.2819% share
+2.43% YoY
55.34% of Sub-Ch. 8542
Balance
−58,759.47
Exports
1,359.72 ₹ Cr
0.0433% share
+52.48% YoY
41.80% of Sub-Ch. 8542
Imports
60,119.19 ₹ Cr
1.3153% share
+60.94% YoY
59.09% of Sub-Ch. 8542
Balance
−80,588.05
Exports
1,693.56 ₹ Cr
0.0468% share
+24.55% YoY
52.56% of Sub-Ch. 8542
Imports
82,281.61 ₹ Cr
1.4312% share
+36.86% YoY
63.44% of Sub-Ch. 8542
Balance
−1,04,152.33
Exports
1,025.39 ₹ Cr
0.0283% share
−39.45% YoY
53.89% of Sub-Ch. 8542
Imports
1,05,177.72 ₹ Cr
1.8729% share
+27.83% YoY
61.33% of Sub-Ch. 8542
Balance
−1,26,668.73
Exports
1,448.36 ₹ Cr
0.0394% share
+41.25% YoY
67.39% of Sub-Ch. 8542
Imports
1,28,117.09 ₹ Cr
2.1087% share
+21.81% YoY
61.41% of Sub-Ch. 8542
CAGR · 7-Year
Exports
24.02% /yr
Imports
25.26% /yr
reference, FY 2024-25
Export
₹2,149.18 Cr
Import
₹2,08,611.71 Cr
Trade Balance
−2,06,462.53
India's exports under HSN Code 85423100 have grown at a compound annual rate of 24.02% over 7 fiscal years, rising from ₹398.01 Crore in FY 2018-19 to ₹1,448.36 Crore in FY 2024-25.
In FY 2024-25, HSN Code 85423100 ranks #379 out of 12657 HSN codes by total export value. Within Sub-Chapter 8542, it ranks #1 of 13. By trade surplus, it ranks #12655 of 12657.
The strongest single-year export movement for HSN Code 85423100 was recorded in FY 2019-20, when exports surged by 78.58% over the prior year.
In FY 2024-25, India's imports of ₹1,28,117.09 Cr exceeded exports of ₹1,448.36 Cr, resulting in a trade deficit of ₹1,26,668.73 Crore — ranking #12655 of 12657 by surplus magnitude.
India's imports under HSN Code 85423100 have grown at 25.26% CAGR, reaching ₹1,28,117.09 Crore in FY 2024-25.
Among the 13 HSN codes under Sub-Chapter 8542, HSN Code 85423100 ranks #1 by export value — accounting for 67.39% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 61.41% share (rank #1).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 85423100 and GST compliance.
It includes Particle accelerators
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
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.
Under HSN 85423100, Electronic integrated circuits: Processors and controllers attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Electronic integrated circuits: Processors and controllers; Nil for exempt items if applicable).