HSN Code 94062000: Modular Building Units, Of Steel

HSN Code 94062000 represents Modular Building Units, Of Steel under GST classification. This code helps businesses identify Modular Building Units, Of Steel correctly for billing, taxation, and trade. With HSN Code 94062000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Modular Building Units, Of Steel.

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Description of Goods for HSN Code 94062000

HSN Code 94062000 relates to the following description.

Description of Goods

Modular building units, of steel

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 94062000 not include?

Modular Building Units, Of Steel 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 94062000 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

₹28 Cr

+65.77% vs FY 2023-24

0.0008% of India’s total exports

India’s Imports

FY 2024-25

₹53 Cr

+3,312.90% vs FY 2023-24

0.0009% of India’s total imports

Trade Balance

FY 2024-25

−₹25 Cr

Trade Deficit

Surplus rank #9692 of 12657 HSN codes

% of Sub-Chapter 9406

FY 2024-25

3.50%

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

Import side: 8.75% of Sub-Chapter 9406’s imports

Rank Within Sub-Chapter 9406

FY 2024-25

#3 of 15

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

Import-side rank: #3 of 15

At a glance

#4412

National Export Rank

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

+435.74%

Peak Growth Year

FY 2023-24 · strongest single-year move

3.50%

Contribution to Sub-Ch. 9406

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

India Export-Import Trade Statistics for 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 2018-19

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9406

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9406

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9406

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9406

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 9406

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% 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

— YoY

0.00% of Sub-Ch. 9406

FY 2022-23 Exp. Rank #6936

Balance

−1.18

Exports

3.19 ₹ Cr

0.0001% share

— YoY

0.48% of Sub-Ch. 9406

Imports

4.37 ₹ Cr

0.0001% share

— YoY

0.99% of Sub-Ch. 9406

FY 2023-24 Exp. Rank #4980

Balance

+15.54

Exports

17.09 ₹ Cr

0.0005% share

+435.74% YoY

2.83% of Sub-Ch. 9406

Imports

1.55 ₹ Cr

0.0000% share

−64.53% YoY

0.48% of Sub-Ch. 9406

FY 2024-25 Exp. Rank #4412

Balance

−24.57

Exports

28.33 ₹ Cr

0.0008% share

+65.77% YoY

3.50% of Sub-Ch. 9406

Imports

52.90 ₹ Cr

0.0009% share

+3,312.90% YoY

8.75% of Sub-Ch. 9406

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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 94062000 and GST compliance.

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.

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.