HSN Code 94069030: Prefabricated buildings: Silos

HSN Code 94069030 represents Prefabricated buildings: Silos under GST classification. This code helps businesses identify Prefabricated buildings: Silos correctly for billing, taxation, and trade. With HSN Code 94069030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Prefabricated buildings: Silos.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 94069030

HSN Code 94069030 relates to the following description.

Description of Goods

Prefabricated buildings : Other : 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 94069030 not include?

Prefabricated buildings: Silos 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 94069030 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

₹6 Cr

−39.29% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹91 Cr

+87.29% vs FY 2023-24

0.0015% of India’s total imports

Trade Balance

FY 2024-25

−₹86 Cr

Trade Deficit

Surplus rank #10682 of 12657 HSN codes

% of Sub-Chapter 9406

FY 2024-25

0.69%

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

Import side: 15.13% of Sub-Chapter 9406’s imports

Rank Within Sub-Chapter 9406

FY 2024-25

#6 of 15

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

Import-side rank: #2 of 15

At a glance

57.32%

Export CAGR

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

#6467

National Export Rank

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

+589.55%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.69%

Contribution to Sub-Ch. 9406

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

India Export-Import Trade Statistics for HSN Code 94069030

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 #8406

Balance

−6.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.09% of Sub-Ch. 9406

Imports

6.57 ₹ Cr

0.0002% share

— YoY

3.48% of Sub-Ch. 9406

FY 2019-20 Exp. Rank #6713

Balance

−11.77

Exports

2.46 ₹ Cr

0.0001% share

+564.86% YoY

0.57% of Sub-Ch. 9406

Imports

14.23 ₹ Cr

0.0004% share

+116.59% YoY

7.32% of Sub-Ch. 9406

FY 2020-21 Exp. Rank #6912

Balance

+0.97

Exports

2.13 ₹ Cr

0.0001% share

−13.41% YoY

0.77% of Sub-Ch. 9406

Imports

1.16 ₹ Cr

0.0000% share

−91.85% YoY

0.75% of Sub-Ch. 9406

FY 2021-22 Exp. Rank #6408

Balance

−0.23

Exports

4.79 ₹ Cr

0.0002% share

+124.88% YoY

1.07% of Sub-Ch. 9406

Imports

5.02 ₹ Cr

0.0001% share

+332.76% YoY

3.07% of Sub-Ch. 9406

FY 2022-23 Exp. Rank #7838

Balance

−34.32

Exports

1.34 ₹ Cr

0.0000% share

−72.03% YoY

0.20% of Sub-Ch. 9406

Imports

35.66 ₹ Cr

0.0006% share

+610.36% YoY

8.07% of Sub-Ch. 9406

FY 2023-24 Exp. Rank #5833

Balance

−39.61

Exports

9.24 ₹ Cr

0.0003% share

+589.55% YoY

1.53% of Sub-Ch. 9406

Imports

48.85 ₹ Cr

0.0009% share

+36.99% YoY

15.17% of Sub-Ch. 9406

FY 2024-25 Exp. Rank #6467

Balance

−85.88

Exports

5.61 ₹ Cr

0.0002% share

−39.29% YoY

0.69% of Sub-Ch. 9406

Imports

91.49 ₹ Cr

0.0015% share

+87.29% YoY

15.13% of Sub-Ch. 9406

CAGR · 7-Year

Exports

57.32% /yr

Imports

55.11% /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 94069030 Export-Import Analysis

Consistent Export Growth: 57.32% CAGR Over 7 Years

India's exports under HSN Code 94069030 have grown at a compound annual rate of 57.32% over 7 fiscal years, rising from ₹0.37 Crore in FY 2018-19 to ₹5.61 Crore in FY 2024-25.

HSN Code 94069030 Ranked #6467 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 94069030 ranks #6467 out of 12657 HSN codes by total export value. Within Sub-Chapter 9406, it ranks #6 of 15. By trade surplus, it ranks #10682 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 94069030 Exports

The strongest single-year export movement for HSN Code 94069030 was recorded in FY 2023-24, when exports surged by 589.55% over the prior year.

India Records a Trade Deficit of ₹85.88 Crore in HSN Code 94069030 Goods

In FY 2024-25, India's imports of ₹91.49 Cr exceeded exports of ₹5.61 Cr, resulting in a trade deficit of ₹85.88 Crore — ranking #10682 of 12657 by surplus magnitude.

Import Growth of 55.11% CAGR Signals Rising Demand for Prefabricated buildings: Silos

India's imports under HSN Code 94069030 have grown at 55.11% CAGR, reaching ₹91.49 Crore in FY 2024-25.

HSN Code 94069030 Contributes 0.69% of Sub-Chapter 9406 Exports — Ranked #6

Among the 15 HSN codes under Sub-Chapter 9406, HSN Code 94069030 ranks #6 by export value — accounting for 0.69% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 15.13% share (rank #2).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 94069030 and GST compliance.

What products are classified under HSN 94069030 ?

It includes Video Game Consoles & Machines (Excluding Sub-heading 950430)

Does packaging or labelling change the GST for Prefabricated buildings: Silos?

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 much GST applies to Prefabricated buildings: Silos?

Under HSN 94069030, Prefabricated buildings: Silos attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Prefabricated buildings: Silos?

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

Do e‑way bill and e‑invoice apply for Prefabricated buildings: Silos?

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 Prefabricated buildings: Silos?

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

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.