HSN Code 86012000: Powered By Electric Accumulators

HSN Code 86012000 represents Powered By Electric Accumulators under GST classification. This code helps businesses identify Powered By Electric Accumulators correctly for billing, taxation, and trade. With HSN Code 86012000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Powered By Electric Accumulators.

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Description of Goods for HSN Code 86012000

HSN Code 86012000 relates to the following description.

Description of Goods

Powered by electric accumulators

Chapter

86 - Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds

Sub Chapter

8601 - Rail locomotives powered from an external source of electricity or by electric accumulators

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 86012000 not include?

Powered By Electric Accumulators does not include products with the following descriptions.

India’s Trade Performance — HSN Code 86012000 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹19 Cr

−24.39% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹19 Cr

Trade Deficit

Surplus rank #9532 of 12657 HSN codes

India Export-Import Trade Statistics for HSN Code 86012000

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

Balance

−9.94

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8601

Imports

9.94 ₹ Cr

0.0003% share

YoY

100.00% of Sub-Ch. 8601

FY 2019-20

Balance

−11.80

Exports

Nil ₹ Cr

0.0000% share

YoY

of Sub-Ch. 8601

Imports

11.80 ₹ Cr

0.0004% share

+18.71% YoY

100.00% of Sub-Ch. 8601

FY 2020-21

Balance

−25.63

Exports

Nil ₹ Cr

0.0000% share

YoY

of Sub-Ch. 8601

Imports

25.63 ₹ Cr

0.0009% share

+117.20% YoY

100.00% of Sub-Ch. 8601

FY 2021-22 Exp. Rank #10198

Balance

−4.74

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

100.00% of Sub-Ch. 8601

Imports

4.75 ₹ Cr

0.0001% share

−81.47% YoY

95.57% of Sub-Ch. 8601

FY 2022-23

Balance

−29.70

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8601

Imports

29.70 ₹ Cr

0.0005% share

+525.26% YoY

87.05% of Sub-Ch. 8601

FY 2023-24

Balance

−25.54

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8601

Imports

25.54 ₹ Cr

0.0005% share

−14.01% YoY

69.92% of Sub-Ch. 8601

FY 2024-25

Balance

−19.31

Exports

Nil ₹ Cr

0.0000% share

YoY

of Sub-Ch. 8601

Imports

19.31 ₹ Cr

0.0003% share

−24.39% YoY

89.65% of Sub-Ch. 8601

CAGR · 7-Year

Exports

Imports

11.70% /yr

Consistently Deficit
Sub-Chapter 8601 total

reference, FY 2024-25

Export

₹0.00 Cr

Import

₹21.54 Cr

Trade Balance

−21.54

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

Key Trade Insights: HSN Code 86012000 Export-Import Analysis

Export Snapshot for HSN Code 86012000

India exported ₹0.00 Crore worth of Powered By Electric Accumulators in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2022-23 Was the Strongest Growth Year for HSN Code 86012000 Exports

The strongest single-year export movement for HSN Code 86012000 was recorded in FY 2022-23, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹19.31 Crore in HSN Code 86012000 Goods

In FY 2024-25, India's imports of ₹19.31 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹19.31 Crore — ranking #9532 of 12657 by surplus magnitude.

Import Growth of 11.70% CAGR Signals Rising Demand for Powered By Electric Accumulators

India's imports under HSN Code 86012000 have grown at 11.70% CAGR, reaching ₹19.31 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 86012000 and GST compliance.

What products are classified under HSN 86012000 ?

It includes Railway/Tramway Maintenance Vehicles

Do e‑way bill and e‑invoice apply for Powered By Electric Accumulators?

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 Powered By Electric Accumulators?

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

Any common misclassification issue with Powered By Electric Accumulators?

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 Powered By Electric Accumulators?

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 Powered By Electric Accumulators is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Powered By Electric Accumulators; Nil for exempt items if applicable).

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.