8416 HSN Code: Furnace Burners

HSN Sub Chapter 8416 represents Furnace Burners under GST classification. This code helps businesses identify Furnace Burners correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8416, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Furnace Burners.

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 8416

GST Rate for Furnace Burners under HSN Code 8416. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

84

HSN Code

8416

HSN Description

Furnace burners for liquid fuel, for pulverised solid fuel or for gas; mechanical stokers, including their mechanical grates, mechanical ash dischargers and similar appliances

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 8416

Following tariff HSN codes fall under Furnace Burners.

Tariff HSN

84161000

Description

Furnace burners for liquid fuel

Tariff HSN

84162000

Description

Other furnace burners, including combination burners

Tariff HSN

84163000

Description

Mechanical stokers, mechanical grates, mechanical ash dischargers and similar appliances

Tariff HSN

84169000

Description

Parts

India’s Trade Performance — HSN Sub-Chapter 8416 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

₹275 Cr

+56.77% vs FY 2023-24

0.0074% of India’s total exports

India’s Imports

FY 2024-25

₹525 Cr

−13.52% vs FY 2023-24

0.0086% of India’s total imports

Trade Balance

FY 2024-25

−₹249 Cr

Trade Deficit

Surplus rank #805 of 1233 subchapters

% of Chapter 84

FY 2024-25

0.10%

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

#63 of 86

Position by export value among subchapters in Chapter 84

Import-side rank: #72 of 86

At a glance

20.82%

Export CAGR

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

#637

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+56.77%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.10%

Contribution to Ch. 84

Share of Chapter 84 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8416

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 #738

Balance

−229.77

Exports

88.53 ₹ Cr

0.0039% share

— YoY

0.06% of Ch. 84

Imports

318.30 ₹ Cr

0.0089% share

— YoY

0.10% of Ch. 84

FY 2019-20 Exp. Rank #720

Balance

−445.57

Exports

100.27 ₹ Cr

0.0045% share

+13.26% YoY

0.07% of Ch. 84

Imports

545.84 ₹ Cr

0.0163% share

+71.49% YoY

0.18% of Ch. 84

FY 2020-21 Exp. Rank #676

Balance

−227.83

Exports

127.19 ₹ Cr

0.0059% share

+26.85% YoY

0.09% of Ch. 84

Imports

355.02 ₹ Cr

0.0122% share

−34.96% YoY

0.13% of Ch. 84

FY 2021-22 Exp. Rank #752

Balance

−232.83

Exports

118.15 ₹ Cr

0.0038% share

−7.11% YoY

0.06% of Ch. 84

Imports

350.98 ₹ Cr

0.0077% share

−1.14% YoY

0.09% of Ch. 84

FY 2022-23 Exp. Rank #701

Balance

−225.39

Exports

179.60 ₹ Cr

0.0050% share

+52.01% YoY

0.08% of Ch. 84

Imports

404.99 ₹ Cr

0.0070% share

+15.39% YoY

0.09% of Ch. 84

FY 2023-24 Exp. Rank #715

Balance

−430.95

Exports

175.67 ₹ Cr

0.0049% share

−2.19% YoY

0.07% of Ch. 84

Imports

606.62 ₹ Cr

0.0108% share

+49.79% YoY

0.13% of Ch. 84

FY 2024-25 Exp. Rank #637

Balance

−249.24

Exports

275.39 ₹ Cr

0.0074% share

+56.77% YoY

0.10% of Ch. 84

Imports

524.63 ₹ Cr

0.0086% share

−13.52% YoY

0.10% of Ch. 84

CAGR · 7-Year

Exports

20.82% /yr

Imports

8.69% /yr

Consistently Deficit
Chapter 84 total

reference, FY 2024-25

Export

₹2,83,259.46 Cr

Import

₹5,43,949.32 Cr

Trade Balance

−2,60,689.86

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

Key Trade Insights: HSN Sub-Chapter 8416 Export-Import Analysis

Consistent Export Growth: 20.82% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8416 have grown at a compound annual rate of 20.82% over 7 fiscal years, rising from ₹88.53 Crore in FY 2018-19 to ₹275.39 Crore in FY 2024-25.

HSN Sub-Chapter 8416 Ranked #637 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8416 ranks #637 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #63 of 86. By trade surplus, it ranks #805 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 8416 Exports

The strongest single-year export movement for HSN Sub-Chapter 8416 was recorded in FY 2024-25, when exports surged by 56.77% over the prior year.

India Records a Trade Deficit of ₹249.24 Crore in HSN Sub-Chapter 8416 Goods

In FY 2024-25, India's imports of ₹524.63 Cr exceeded exports of ₹275.39 Cr, resulting in a trade deficit of ₹249.24 Crore — ranking #805 of 1233 by surplus magnitude.

Import Growth of 8.69% CAGR Signals Stable Import Dependency for Furnace Burners

India's imports under HSN Sub-Chapter 8416 have grown at 8.69% CAGR, reaching ₹524.63 Crore in FY 2024-25.

HSN Sub-Chapter 8416 Contributes 0.10% of Chapter 84 Exports — Ranked #63

Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8416 ranks #63 by export value — accounting for 0.10% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.10% share (rank #72).

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 8416 and GST compliance.

What products are classified under HSN 8416

It includes Furnace Burners

If I repair and return Furnace Burners, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

Does MRP, weight or pack size change GST treatment for Furnace Burners?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

What should my invoice and records include for Furnace Burners?

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.

Do spares or accessories of Furnace Burners follow the same HSN?

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.

What are the e‑way bill and e‑invoice points while moving Furnace Burners?

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.

Does packaging or branding change how GST applies to Furnace Burners?

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

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 84