Consistent Export Growth: 10.41% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 1501 have grown at a compound annual rate of 10.41% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.02 Crore in FY 2025-26.
HSN Sub Chapter 1501 represents Industrial ovens & furnaces under GST classification. This code helps businesses identify Industrial ovens & furnaces correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1501, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Industrial ovens & furnaces.
Manage correct HSN codes and GST rates with BUSY.
GST Rate for Industrial ovens & furnaces under HSN Code 1501. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Industrial ovens & furnaces.
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26< ₹1 Crore
0.0000% of India’s total exports
% of Chapter 15
FY 2025-260.00%
Share of Chapter 15’s total exports in FY 2025-26
Rank Within Chapter 15
FY 2025-26#19 of 21
Position by export value among subchapters in Chapter 15
At a glance
10.41%
Export CAGR
FY 2018-19 → FY 2025-26 · 7 fiscal years
#1197
National Export Rank
of 1233 subchapters by export value, FY 2025-26
+100.00%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.00%
Contribution to Ch. 15
Share of Chapter 15 exports in FY 2025-26
7-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
—
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 15
Imports
— ₹ Cr
— share
— YoY
Balance
—
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Ch. 15
Imports
— ₹ Cr
— share
— YoY
Balance
—
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 15
Imports
— ₹ Cr
— share
— YoY
Balance
—
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+100.00% YoY
0.00% of Ch. 15
Imports
— ₹ Cr
— share
— YoY
Balance
—
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Ch. 15
Imports
— ₹ Cr
— share
— YoY
Balance
—
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 15
Imports
— ₹ Cr
— share
— YoY
Balance
—
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Ch. 15
Imports
— ₹ Cr
— share
— YoY
CAGR · 7-Year
Exports
10.41% /yr
Imports
—
reference, FY 2025-26
Export
₹19,683.47 Cr
Import
₹1,74,760.77 Cr
Trade Balance
−1,55,077.30
India's exports under HSN Sub-Chapter 1501 have grown at a compound annual rate of 10.41% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.02 Crore in FY 2025-26.
In FY 2025-26, HSN Sub-Chapter 1501 ranks #1197 out of 1233 subchapters by total export value. Within Chapter 15, it ranks #19 of 21.
The strongest single-year export movement for HSN Sub-Chapter 1501 was recorded in FY 2022-23, when exports surged by 100.00% over the prior year.
Among the 21 subchapters under Chapter 15, HSN Sub-Chapter 1501 ranks #19 by export value — accounting for 0.00% of the chapter's total exports in FY 2025-26.
Clear answers to common queries about HSN Sub Chapter 1501 and GST compliance.
It includes Industrial ovens & furnaces
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Industrial ovens & furnaces is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
Use a delivery challan for sending Industrial ovens & furnaces to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.