HSN Code 86031000 represents Powered from an external source of electricity under GST classification. This code helps businesses identify Powered from an external source of electricity correctly for billing, taxation, and trade. With HSN Code 86031000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Powered from an external source of electricity.
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HSN Code 86031000 relates to the following description.
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
Self-propelled railway or tramway coaches, vans and trucks, other than those of heading 8604
Powered from an external source of electricity
9%
9%
18%
0%
Description of Goods
Powered from an external source of electricity
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
8603 - Self-propelled railway or tramway coaches, vans and trucks, other than those of heading 8604
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Powered from an external source of electricity does not include products with the following descriptions.
Other
Other
India’s Exports
FY 2024-25₹125 Cr
0.0034% of India’s total exports
India’s Imports
FY 2024-25₹158 Cr
0.0026% of India’s total imports
Trade Balance
FY 2024-25−₹33 Cr
Surplus rank #9933 of 12657 HSN codes
% of Sub-Chapter 8603
FY 2024-2586.45%
Share of Sub-Chapter 8603’s total exports in FY 2024-25
Import side: 99.98% of Sub-Chapter 8603’s imports
Rank Within Sub-Chapter 8603
FY 2024-25#1 of 2
Position by export value among HSN codes in Sub-Chapter 8603
Import-side rank: #1 of 2
At a glance
−27.59%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2384
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+215.72%
Peak Growth Year
FY 2020-21 · strongest single-year move
86.45%
Contribution to Sub-Ch. 8603
Share of Sub-Chapter 8603 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
+603.99
Exports
864.86 ₹ Cr
0.0379% share
— YoY
99.45% of Sub-Ch. 8603
Imports
260.87 ₹ Cr
0.0073% share
— YoY
98.16% of Sub-Ch. 8603
Balance
−709.72
Exports
121.72 ₹ Cr
0.0055% share
−85.93% YoY
95.86% of Sub-Ch. 8603
Imports
831.44 ₹ Cr
0.0248% share
+218.72% YoY
95.54% of Sub-Ch. 8603
Balance
−16.95
Exports
384.30 ₹ Cr
0.0179% share
+215.72% YoY
87.97% of Sub-Ch. 8603
Imports
401.25 ₹ Cr
0.0138% share
−51.74% YoY
99.55% of Sub-Ch. 8603
Balance
+1,017.04
Exports
1,103.08 ₹ Cr
0.0351% share
+187.04% YoY
100.00% of Sub-Ch. 8603
Imports
86.04 ₹ Cr
0.0019% share
−78.56% YoY
100.00% of Sub-Ch. 8603
Balance
+1,392.88
Exports
1,392.94 ₹ Cr
0.0385% share
+26.28% YoY
100.00% of Sub-Ch. 8603
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−99.93% YoY
66.67% of Sub-Ch. 8603
Balance
+521.03
Exports
553.07 ₹ Cr
0.0153% share
−60.29% YoY
97.38% of Sub-Ch. 8603
Imports
32.04 ₹ Cr
0.0006% share
+53,300.00% YoY
100.00% of Sub-Ch. 8603
Balance
−33.30
Exports
124.68 ₹ Cr
0.0034% share
−77.46% YoY
86.45% of Sub-Ch. 8603
Imports
157.98 ₹ Cr
0.0026% share
+393.07% YoY
99.98% of Sub-Ch. 8603
CAGR · 7-Year
Exports
−27.59% /yr
Imports
−8.02% /yr
reference, FY 2024-25
Export
₹144.23 Cr
Import
₹158.01 Cr
Trade Balance
−13.78
India's exports under HSN Code 86031000 have declined at a compound annual rate of −27.59% over 7 fiscal years, falling from ₹864.86 Crore in FY 2018-19 to ₹124.68 Crore in FY 2024-25.
In FY 2024-25, HSN Code 86031000 ranks #2384 out of 12657 HSN codes by total export value. Within Sub-Chapter 8603, it ranks #1 of 2. By trade surplus, it ranks #9933 of 12657.
The strongest single-year export movement for HSN Code 86031000 was recorded in FY 2020-21, when exports surged by 215.72% over the prior year.
In FY 2024-25, India's imports of ₹157.98 Cr exceeded exports of ₹124.68 Cr, resulting in a trade deficit of ₹33.30 Crore — ranking #9933 of 12657 by surplus magnitude.
India's imports under HSN Code 86031000 have grown at −8.02% CAGR, reaching ₹157.98 Crore in FY 2024-25.
Among the 2 HSN codes under Sub-Chapter 8603, HSN Code 86031000 ranks #1 by export value — accounting for 86.45% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 99.98% share (rank #1).
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Clear answers to common queries about HSN Code 86031000 and GST compliance.
It includes Self-Discharging Vans and Wagons
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.
Under HSN 86031000, Powered from an external source of electricity attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Powered from an external source of electricity; Nil for exempt items if applicable).