--- title: "HSN Code for Modular Building Units, Of Steel | HSN 94062000 GST Rate" description: "Find HSN and GST Rates for 94062000 related to Modular Building Units, Of Steel with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-94062000/" --- # HSN Code 94062000: Modular Building Units, Of Steel - [Section 20: Guide to HSN Section 20](https://busy.in/hsn/section-20/) - [Chapter 94: Furniture & Mattresses, with Lamps & Fittings](https://busy.in/hsn/chapter-94/) - [Sub-chapter 9406: Prefabricated buildings](https://busy.in/hsn/sub-chapter-9406/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Modular building units, of steel | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 94062000 ? It includes Billiards articles and accessories ### Can we claim ITC on inputs used to trade Modular Building Units, Of Steel? 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 Modular Building Units, Of Steel? 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. ### Do e‑way bill and e‑invoice apply for Modular Building Units, Of Steel? 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 Modular Building Units, Of Steel? 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 Modular Building Units, Of Steel is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Modular Building Units, Of Steel; Nil for exempt items if applicable). ### How much GST applies to Modular Building Units, Of Steel? Under HSN 94062000, Modular Building Units, Of Steel attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 94062000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹28 Cr (+65.77% YoY) — 0.0008% of India's total exports - Imports: ₹53 Cr (+3,312.90% YoY) — 0.0009% of India's total imports - Trade balance: −₹25 Cr (Deficit); surplus rank #9692 of 12657 HSN codes - Share of Sub-Chapter 9406: 3.50% of its exports; import side 8.75% - Rank within Sub-Chapter 9406: #3 of 15 by export value; import-side #3 ### Key metrics - National export rank: #4412 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +435.74% in FY 2023-24 - Contribution to Sub-Ch. 9406: 3.50% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 94062000 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 9406 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 9406 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2022-23 | 3.19 | 0.0001% | — | 0.48% | 4.37 | 0.0001% | — | 0.99% | −1.18 | #6936 | | FY 2023-24 | 17.09 | 0.0005% | +435.74% | 2.83% | 1.55 | 0.0000% | −64.53% | 0.48% | +15.54 | #4980 | | FY 2024-25 | 28.33 | 0.0008% | +65.77% | 3.50% | 52.90 | 0.0009% | +3,312.90% | 8.75% | −24.57 | #4412 | ## Key trade insights: HSN Code 94062000 export-import analysis ### Export snapshot for HSN Code 94062000 India exported ₹28.33 Crore worth of Modular Building Units, Of Steel in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 94062000 ranked #4412 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 94062000 ranks #4412 out of 12657 HSN codes by total export value. Within Sub-Chapter 9406, it ranks #3 of 15. By trade surplus, it ranks #9692 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 94062000 exports The strongest single-year export movement for HSN Code 94062000 was recorded in FY 2023-24, when exports surged by 435.74% over the prior year. ### India records a trade deficit of ₹24.57 Crore in HSN Code 94062000 goods In FY 2024-25, India's imports of ₹52.90 Cr exceeded exports of ₹28.33 Cr, resulting in a trade deficit of ₹24.57 Crore — ranking #9692 of 12657 by surplus magnitude. ### HSN Code 94062000 contributes 3.50% of Sub-Chapter 9406 exports — ranked #3 Among the 15 HSN codes under Sub-Chapter 9406, HSN Code 94062000 ranks #3 by export value — accounting for 3.50% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 8.75% share (rank #3). ## Related HSN Codes in Sub-Chapter 9406 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 94069090: Prefabricated Buildings \| Other](https://busy.in/hsn/hsn-94069090/) | ₹661 Cr | | #2 | [HSN Code 94069010: Prefabricated buildings : Other : Green-houses](https://busy.in/hsn/hsn-94069010/) | ₹81 Cr | | #3 | HSN Code 94062000: Modular Building Units, Of Steel (this hsn code) | ₹28 Cr | | #4 | [HSN Code 94061090: Prefabricated Buildings \| Other](https://busy.in/hsn/hsn-94061090/) | ₹16 Cr | | #5 | [HSN Code 94069020: Cold storage buildings](https://busy.in/hsn/hsn-94069020/) | ₹12 Cr | | #6 | [HSN Code 94069030: Prefabricated buildings: Silos](https://busy.in/hsn/hsn-94069030/) | ₹6 Cr | | #7 | [HSN Code 94061020: Prefabricated Buildings\| Cold Storage](https://busy.in/hsn/hsn-94061020/) | ₹4 Cr | | #8 | [HSN Code 94061010: Prefabricated Buildings \| Green Houses](https://busy.in/hsn/hsn-94061010/) | ₹1 Cr | | #9 | [HSN Code 94061030: Prefabricated silos for ensilage](https://busy.in/hsn/hsn-94061030/) | < ₹1 Crore | | — | [HSN Code 94060011: Prefabricated buildings – green houses: other](https://busy.in/hsn/hsn-94060011/) | — |