Export Decline: −8.47% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8402 have declined at a compound annual rate of −8.47% over 7 fiscal years, falling from ₹2,845.34 Crore in FY 2018-19 to ₹1,673.14 Crore in FY 2024-25.
HSN Sub Chapter 8402 represents Vapor Generating Boilers under GST classification. This code helps businesses identify Vapor Generating Boilers correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8402, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Vapor Generating Boilers.
Join our guided walkthrough to see how BUSY can transform your business operations.
GST Rate for Vapor Generating Boilers under HSN Code 8402. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Vapor Generating Boilers.
Tariff HSN
Description
Steam or other vapour generating boilers: Watertube boilers with a steam production exceeding 45 t per hour
Tariff HSN
Description
Steam or other vapour generating boilers: Water tube boilers with a steam production not exceeding 45 t per hour
Tariff HSN
Description
Steam or other vapour generating boilers: Other vapour generating boilers, including : Fire tube horizontal (lancashire) boilers
Tariff HSN
Description
Steam or other vapour generating boilers: Other vapour generating boilers, including : Fire tube boilers vertical
Tariff HSN
Description
Steam or other vapour generating boilers: Other vapour generating boilers, including : Other
Tariff HSN
Description
Super-heated water boilers
Tariff HSN
Description
Parts: Parts of fire tube boilers
Tariff HSN
Description
Parts: Parts of watertube boilers
Tariff HSN
Description
Parts: Other
India’s Exports
FY 2024-25₹1,673 Cr
0.0452% of India’s total exports
India’s Imports
FY 2024-25₹543 Cr
0.0089% of India’s total imports
Trade Balance
FY 2024-25₹1,130 Cr
Surplus rank #176 of 1233 subchapters
% of Chapter 84
FY 2024-250.59%
Share of Chapter 84’s total exports in FY 2024-25
Import side: 0.10% of Chapter 84’s imports
Rank Within Chapter 84
FY 2024-25#33 of 86
Position by export value among subchapters in Chapter 84
Import-side rank: #71 of 86
At a glance
−8.47%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#299
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+33.55%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.59%
Contribution to Ch. 84
Share of Chapter 84 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+2,412.46
Exports
2,845.34 ₹ Cr
0.1240% share
— YoY
1.94% of Ch. 84
Imports
432.88 ₹ Cr
0.0121% share
— YoY
0.14% of Ch. 84
Balance
+2,700.94
Exports
3,013.51 ₹ Cr
0.1364% share
+5.91% YoY
2.04% of Ch. 84
Imports
312.57 ₹ Cr
0.0093% share
−27.79% YoY
0.10% of Ch. 84
Balance
+973.53
Exports
1,350.61 ₹ Cr
0.0628% share
−55.18% YoY
0.96% of Ch. 84
Imports
377.08 ₹ Cr
0.0129% share
+20.64% YoY
0.14% of Ch. 84
Balance
+703.58
Exports
1,151.55 ₹ Cr
0.0367% share
−14.74% YoY
0.61% of Ch. 84
Imports
447.97 ₹ Cr
0.0098% share
+18.80% YoY
0.12% of Ch. 84
Balance
+1,192.16
Exports
1,537.90 ₹ Cr
0.0425% share
+33.55% YoY
0.70% of Ch. 84
Imports
345.74 ₹ Cr
0.0060% share
−22.82% YoY
0.08% of Ch. 84
Balance
+965.06
Exports
1,486.77 ₹ Cr
0.0411% share
−3.32% YoY
0.60% of Ch. 84
Imports
521.71 ₹ Cr
0.0093% share
+50.90% YoY
0.11% of Ch. 84
Balance
+1,130.01
Exports
1,673.14 ₹ Cr
0.0452% share
+12.54% YoY
0.59% of Ch. 84
Imports
543.13 ₹ Cr
0.0089% share
+4.11% YoY
0.10% of Ch. 84
CAGR · 7-Year
Exports
−8.47% /yr
Imports
3.85% /yr
reference, FY 2024-25
Export
₹2,83,259.46 Cr
Import
₹5,43,949.32 Cr
Trade Balance
−2,60,689.86
India's exports under HSN Sub-Chapter 8402 have declined at a compound annual rate of −8.47% over 7 fiscal years, falling from ₹2,845.34 Crore in FY 2018-19 to ₹1,673.14 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8402 ranks #299 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #33 of 86. By trade surplus, it ranks #176 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8402 was recorded in FY 2022-23, when exports surged by 33.55% over the prior year.
In FY 2024-25, India's exports of ₹1,673.14 Cr exceeded imports of ₹543.13 Cr, resulting in a trade surplus of ₹1,130.01 Crore — ranking #176 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8402 have grown at 3.85% CAGR, reaching ₹543.13 Crore in FY 2024-25.
Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8402 ranks #33 by export value — accounting for 0.59% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.10% share (rank #71).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 8402 and GST compliance.
It includes Vapor Generating Boilers
Use a delivery challan for sending Vapor Generating Boilers 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.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Vapor Generating Boilers 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.