Consistent Export Growth: 13.79% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8481 have grown at a compound annual rate of 13.79% over 7 fiscal years, rising from ₹9,670.09 Crore in FY 2018-19 to ₹20,993.39 Crore in FY 2024-25.
HSN Sub Chapter 8481 represents Pressure-reducing valves under GST classification. This code helps businesses identify Pressure-reducing valves correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8481, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Pressure-reducing valves.
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GST Rate for Pressure-reducing valves under HSN Code 8481. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Pressure-reducing valves.
Tariff HSN
Description
Pressure-reducing valves
Tariff HSN
Description
Valves for oleohydraulic or pneumatic transmissions
Tariff HSN
Description
Check (non-return) valves
Tariff HSN
Description
Safety or relief valves
Tariff HSN
Description
Other appliances : Taps, cocks and similar appliances of iron or steel
Tariff HSN
Description
Other appliances : Taps, cocks and similar appliances of non-ferrous metal
Tariff HSN
Description
Other appliances : Industrial valves (excluding pressure-reducing valves, and thermostatically controlled valves)
Tariff HSN
Description
Other appliances : Inner tube valves : For bicycles
Tariff HSN
Description
Other appliances : Inner tube valves : Other
Tariff HSN
Description
Other appliances : Expansion valves and solenoid valves for refrigerating and air conditioning appliances and machinery
Tariff HSN
Description
Other appliances : Other
Tariff HSN
Description
Parts : Bicycles valves
Tariff HSN
Description
Parts : Other
India’s Exports
FY 2024-25₹20,993 Cr
0.5669% of India’s total exports
India’s Imports
FY 2024-25₹19,199 Cr
0.3148% of India’s total imports
Trade Balance
FY 2024-25₹1,795 Cr
Surplus rank #139 of 1233 subchapters
% of Chapter 84
FY 2024-257.41%
Share of Chapter 84’s total exports in FY 2024-25
Import side: 3.53% of Chapter 84’s imports
Rank Within Chapter 84
FY 2024-25#2 of 86
Position by export value among subchapters in Chapter 84
Import-side rank: #6 of 86
At a glance
13.79%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#23
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+30.63%
Peak Growth Year
FY 2022-23 · strongest single-year move
7.41%
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
−528.36
Exports
9,670.09 ₹ Cr
0.4213% share
— YoY
6.59% of Ch. 84
Imports
10,198.45 ₹ Cr
0.2840% share
— YoY
3.33% of Ch. 84
Balance
+952.56
Exports
10,935.50 ₹ Cr
0.4951% share
+13.09% YoY
7.41% of Ch. 84
Imports
9,982.94 ₹ Cr
0.2976% share
−2.11% YoY
3.25% of Ch. 84
Balance
−204.81
Exports
9,912.83 ₹ Cr
0.4609% share
−9.35% YoY
7.07% of Ch. 84
Imports
10,117.64 ₹ Cr
0.3472% share
+1.35% YoY
3.69% of Ch. 84
Balance
−750.17
Exports
11,731.88 ₹ Cr
0.3738% share
+18.35% YoY
6.19% of Ch. 84
Imports
12,482.05 ₹ Cr
0.2731% share
+23.37% YoY
3.31% of Ch. 84
Balance
−409.13
Exports
15,325.72 ₹ Cr
0.4233% share
+30.63% YoY
6.94% of Ch. 84
Imports
15,734.85 ₹ Cr
0.2737% share
+26.06% YoY
3.60% of Ch. 84
Balance
+1,220.59
Exports
17,975.61 ₹ Cr
0.4968% share
+17.29% YoY
7.22% of Ch. 84
Imports
16,755.02 ₹ Cr
0.2984% share
+6.48% YoY
3.53% of Ch. 84
Balance
+1,794.57
Exports
20,993.39 ₹ Cr
0.5669% share
+16.79% YoY
7.41% of Ch. 84
Imports
19,198.82 ₹ Cr
0.3148% share
+14.59% YoY
3.53% of Ch. 84
CAGR · 7-Year
Exports
13.79% /yr
Imports
11.12% /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 8481 have grown at a compound annual rate of 13.79% over 7 fiscal years, rising from ₹9,670.09 Crore in FY 2018-19 to ₹20,993.39 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8481 ranks #23 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #2 of 86. By trade surplus, it ranks #139 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8481 was recorded in FY 2022-23, when exports surged by 30.63% over the prior year.
In FY 2024-25, India's exports of ₹20,993.39 Cr exceeded imports of ₹19,198.82 Cr, resulting in a trade surplus of ₹1,794.57 Crore — ranking #139 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8481 have grown at 11.12% CAGR, reaching ₹19,198.82 Crore in FY 2024-25.
Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8481 ranks #2 by export value — accounting for 7.41% of the chapter's total exports in FY 2024-25. On the import side, it holds 3.53% share (rank #6).
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 8481 and GST compliance.
It includes Pressure-reducing valves
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Pressure-reducing valves 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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Pressure-reducing valves are forward charge. Check the current notifications for any special cases before deciding.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.