2716 HSN Code: Electrical energy

HSN Sub Chapter 2716 represents Electrical energy under GST classification. This code helps businesses identify Electrical energy correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2716, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Electrical energy.

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

New GST Rate for HSN Code 2716

GST Rate for Electrical energy under HSN Code 2716. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

27

HSN Code

2716

HSN Description

Electrical energy

New GST Rate

12 %
Standard

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 2716

Following tariff HSN codes fall under Electrical energy.

Tariff HSN

27160000

Description

Electrical energy

India’s Trade Performance — HSN Sub-Chapter 2716 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

₹9,588 Cr

+2.59% vs FY 2023-24

0.2589% of India’s total exports

India’s Imports

FY 2024-25

₹1,809 Cr

+6,575.35% vs FY 2023-24

0.0297% of India’s total imports

Trade Balance

FY 2024-25

₹7,779 Cr

Trade Surplus

Surplus rank #44 of 1233 subchapters

% of Chapter 27

FY 2024-25

1.69%

Share of Chapter 27’s total exports in FY 2024-25

Import side: 0.10% of Chapter 27’s imports

Rank Within Chapter 27

FY 2024-25

#3 of 16

Position by export value among subchapters in Chapter 27

Import-side rank: #8 of 16

At a glance

17.07%

Export CAGR

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

#69

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+114.70%

Peak Growth Year

FY 2022-23 · strongest single-year move

1.69%

Contribution to Ch. 27

Share of Chapter 27 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2716

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 #118

Balance

+2,763.42

Exports

3,724.35 ₹ Cr

0.1623% share

— YoY

1.11% of Ch. 27

Imports

960.93 ₹ Cr

0.0268% share

— YoY

0.08% of Ch. 27

FY 2019-20 Exp. Rank #94

Balance

+3,109.22

Exports

4,366.21 ₹ Cr

0.1977% share

+17.23% YoY

1.44% of Ch. 27

Imports

1,256.99 ₹ Cr

0.0375% share

+30.81% YoY

0.12% of Ch. 27

FY 2020-21 Exp. Rank #98

Balance

+2,618.53

Exports

4,478.00 ₹ Cr

0.2082% share

+2.56% YoY

2.25% of Ch. 27

Imports

1,859.47 ₹ Cr

0.0638% share

+47.93% YoY

0.25% of Ch. 27

FY 2021-22 Exp. Rank #132

Balance

+3,116.25

Exports

4,462.93 ₹ Cr

0.1422% share

−0.34% YoY

0.86% of Ch. 27

Imports

1,346.68 ₹ Cr

0.0295% share

−27.58% YoY

0.09% of Ch. 27

FY 2022-23 Exp. Rank #60

Balance

+8,238.32

Exports

9,581.72 ₹ Cr

0.2646% share

+114.70% YoY

1.18% of Ch. 27

Imports

1,343.40 ₹ Cr

0.0234% share

−0.24% YoY

0.06% of Ch. 27

FY 2023-24 Exp. Rank #63

Balance

+9,319.13

Exports

9,346.23 ₹ Cr

0.2583% share

−2.46% YoY

1.29% of Ch. 27

Imports

27.10 ₹ Cr

0.0005% share

−97.98% YoY

0.00% of Ch. 27

FY 2024-25 Exp. Rank #69

Balance

+7,779.46

Exports

9,588.48 ₹ Cr

0.2589% share

+2.59% YoY

1.69% of Ch. 27

Imports

1,809.02 ₹ Cr

0.0297% share

+6,575.35% YoY

0.10% of Ch. 27

CAGR · 7-Year

Exports

17.07% /yr

Imports

11.12% /yr

Consistently Surplus
Chapter 27 total

reference, FY 2024-25

Export

₹5,65,955.29 Cr

Import

₹18,46,145.01 Cr

Trade Balance

−12,80,189.72

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

Key Trade Insights: HSN Sub-Chapter 2716 Export-Import Analysis

Consistent Export Growth: 17.07% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2716 have grown at a compound annual rate of 17.07% over 7 fiscal years, rising from ₹3,724.35 Crore in FY 2018-19 to ₹9,588.48 Crore in FY 2024-25.

HSN Sub-Chapter 2716 Ranked #69 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2716 ranks #69 out of 1233 subchapters by total export value. Within Chapter 27, it ranks #3 of 16. By trade surplus, it ranks #44 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 2716 Exports

The strongest single-year export movement for HSN Sub-Chapter 2716 was recorded in FY 2022-23, when exports surged by 114.70% over the prior year.

India Maintains a Trade Surplus of ₹7,779.46 Crore in HSN Sub-Chapter 2716 Goods

In FY 2024-25, India's exports of ₹9,588.48 Cr exceeded imports of ₹1,809.02 Cr, resulting in a trade surplus of ₹7,779.46 Crore — ranking #44 of 1233 by surplus magnitude.

Import Growth of 11.12% CAGR Signals Rising Demand for Electrical energy

India's imports under HSN Sub-Chapter 2716 have grown at 11.12% CAGR, reaching ₹1,809.02 Crore in FY 2024-25.

HSN Sub-Chapter 2716 Contributes 1.69% of Chapter 27 Exports — Ranked #3

Among the 16 subchapters under Chapter 27, HSN Sub-Chapter 2716 ranks #3 by export value — accounting for 1.69% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.10% share (rank #8).

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 Sub Chapter 2716 and GST compliance.

What products are classified under HSN 2716

It includes Electrical energy

How are warranty replacements of Electrical energy handled?

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.

Any import/export nuance for Electrical energy?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

How should I document Electrical energy sent for job work?

Use a delivery challan for sending Electrical energy 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.

Does packaging or branding change how GST applies to Electrical energy?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Electrical energy 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.

What are the e‑way bill and e‑invoice points while moving Electrical energy?

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.

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.

Explore More HSN Codes from Chapter 27