HSN Code 94061030: Prefabricated silos for ensilage

HSN Code 94061030 represents Prefabricated silos for ensilage under GST classification. This code helps businesses identify Prefabricated silos for ensilage correctly for billing, taxation, and trade. With HSN Code 94061030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Prefabricated silos for ensilage.

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Description of Goods for HSN Code 94061030

HSN Code 94061030 relates to the following description.

Description of Goods

Prefabricated buildings : Silos for storing ensilage

Chapter

94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishing; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated name-plates and the like; prefabricated building

Sub Chapter

9406 - Prefabricated buildings

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 94061030 not include?

Prefabricated silos for ensilage does not include products with the following descriptions.

HSN Code 94060011

Prefabricated buildings - green houses: green house-in ready to assemble sets

HSN Code 94060092

Prefabricated buildings - other : prefabricated construction for cold storage

India’s Trade Performance — HSN Code 94061030 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

< ₹1 Crore

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7470 of 12657 HSN codes

% of Sub-Chapter 9406

FY 2024-25

0.06%

Share of Sub-Chapter 9406’s total exports in FY 2024-25

Import side: 0.12% of Sub-Chapter 9406’s imports

Rank Within Sub-Chapter 9406

FY 2024-25

#9 of 15

Position by export value among HSN codes in Sub-Chapter 9406

Import-side rank: #7 of 15

At a glance

−13.41%

Export CAGR

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

#8811

National Export Rank

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

−100.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.06%

Contribution to Sub-Ch. 9406

Share of Sub-Chapter 9406 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 94061030

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 #7447

Balance

+0.94

Exports

1.21 ₹ Cr

0.0001% share

— YoY

0.30% of Sub-Ch. 9406

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.14% of Sub-Ch. 9406

FY 2019-20

Balance

−1.13

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 9406

Imports

1.13 ₹ Cr

0.0000% share

+318.52% YoY

0.58% of Sub-Ch. 9406

FY 2020-21

Balance

−0.33

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9406

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−70.80% YoY

0.21% of Sub-Ch. 9406

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9406

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 9406

FY 2022-23

Balance

−0.12

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9406

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.03% of Sub-Ch. 9406

FY 2023-24

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9406

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 9406

FY 2024-25 Exp. Rank #8811

Balance

−0.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.06% of Sub-Ch. 9406

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.12% of Sub-Ch. 9406

CAGR · 7-Year

Exports

−13.41% /yr

Imports

17.21% /yr

Consistently Deficit
Sub-Chapter 9406 total

reference, FY 2024-25

Export

₹808.36 Cr

Import

₹604.82 Cr

Trade Balance

+203.54

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

Key Trade Insights: HSN Code 94061030 Export-Import Analysis

Export Decline: −13.41% CAGR Over 7 Years

India's exports under HSN Code 94061030 have declined at a compound annual rate of −13.41% over 7 fiscal years, falling from ₹1.21 Crore in FY 2018-19 to ₹0.51 Crore in FY 2024-25.

HSN Code 94061030 Ranked #8811 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 94061030 ranks #8811 out of 12657 HSN codes by total export value. Within Sub-Chapter 9406, it ranks #9 of 15. By trade surplus, it ranks #7470 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 94061030 Exports

The strongest single-year export movement for HSN Code 94061030 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹0.19 Crore in HSN Code 94061030 Goods

In FY 2024-25, India's imports of ₹0.70 Cr exceeded exports of ₹0.51 Cr, resulting in a trade deficit of ₹0.19 Crore — ranking #7470 of 12657 by surplus magnitude.

Import Growth of 17.21% CAGR Signals Rising Demand for Prefabricated silos for ensilage

India's imports under HSN Code 94061030 have grown at 17.21% CAGR, reaching ₹0.70 Crore in FY 2024-25.

HSN Code 94061030 Contributes 0.06% of Sub-Chapter 9406 Exports — Ranked #9

Among the 15 HSN codes under Sub-Chapter 9406, HSN Code 94061030 ranks #9 by export value — accounting for 0.06% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.12% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 94061030 and GST compliance.

What products are classified under HSN 94061030 ?

It includes Electronic Wooden Toys

Do e‑way bill and e‑invoice apply for Prefabricated silos for ensilage?

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.

Any common misclassification issue with Prefabricated silos for ensilage?

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

Can we claim ITC on inputs used to trade Prefabricated silos for ensilage?

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

Does packaging or labelling change the GST for Prefabricated silos for ensilage?

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 Prefabricated silos for ensilage is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Prefabricated silos for ensilage; 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.