Consistent Export Growth: 16.79% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8504 have grown at a compound annual rate of 16.79% over 7 fiscal years, rising from ₹10,495.87 Crore in FY 2018-19 to ₹26,635.22 Crore in FY 2024-25.
HSN Sub Chapter 8504 represents Clad metals under GST classification. This code helps businesses identify Clad metals correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8504, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Clad metals.
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GST Rate for Clad metals under HSN Code 8504. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Clad metals.
Tariff HSN
Description
Ballasts for discharge lamps or tubes : Conventional type
Tariff HSN
Description
Ballasts for discharge lamps or tubes : For compact fluorescent lamps
Tariff HSN
Description
Ballasts for discharge lamps or tubes : Other
Tariff HSN
Description
Liquid dielectric transformers: Having a power handling capacity notexceeding 650 kVA (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Liquid dielectric transformers: Having a power handling capacity notexceeding 650 kVA
Tariff HSN
Description
Liquid dielectric transformers: Having a power handling capacity exceeding u 650 kVA but not exceeding 10,000 kVA(Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Liquid dielectric transformers: Having a power handling capacity exceeding u 650 kVA but not exceeding 10,000 kVA
Tariff HSN
Description
Liquid dielectric transformers: Having a power handling capacity exceeding 10,000 kVA: Having a power handling capacity exceeding 10,000 kVA but not exceeding 50,000 kVA (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Liquid dielectric transformers: Having a power handling capacity exceeding 10,000 kVA: Having a power handling capacity exceeding 10,000 kVA but not exceeding 50,000 kVA
Tariff HSN
Description
Liquid dielectric transformers: Having a power handling capacity exceeding 10,000 kVA: Having a power handling capacity exceeding 50,000 kVA but not exceeding 1,00,000 kVA (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Liquid dielectric transformers: Having a power handling capacity exceeding 10,000 kVA: Having a power handling capacity exceeding 50,000 kVA but not exceeding 1,00,000 kVA
Tariff HSN
Description
Liquid dielectric transformers: Having a power handling capacity exceeding 10,000 kVA: Having a power handling capacity exceeding 1,00,000 kVA but not exceeding 2,50,000 kVA (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Liquid dielectric transformers: Having a power handling capacity exceeding 10,000 kVA: Having a power handling capacity exceeding 1,00,000 kVA but not exceeding 2,50,000 kVA
Tariff HSN
Description
Liquid dielectric transformers: Having a power handling capacity exceeding 10,000 kVA: Having a power handling capacity exceeding 2,50,000 kVA (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Liquid dielectric transformers: Having a power handling capacity exceeding 10,000 kVA: Having a power handling capacity exceeding 2,50,000 kVA
Tariff HSN
Description
Other transformers: Having a power handling capacity not exceeding 1 kVA (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Other transformers: Having a power handling capacity not exceeding 1 kVA
Tariff HSN
Description
Other transformers: Having a power handling capacity exceeding 1 kVA but not exceeding 16 kVA (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Other transformers: Having a power handling capacity exceeding 1 kVA but not exceeding 16 kVA
Tariff HSN
Description
Other transformers: Having a power handling capacity exceeding 16 kVA but not exceeding 500 kVA (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Other transformers: Having a power handling capacity exceeding 16 kVA but not exceeding 500 kVA
Tariff HSN
Description
Other transformers: Having a power handling capacity exceeding 500 kVA (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Other transformers: Having a power handling capacity exceeding 500 kVA
Tariff HSN
Description
Static converters: Electric inverter (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Static converters: Electric inverter
Tariff HSN
Description
Static converters: Rectifier : Dip bridge rectifier (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Static converters: Rectifier : Dip bridge rectifier
Tariff HSN
Description
Static converters: Rectifier : Other (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Static converters: Rectifier : Other
Tariff HSN
Description
Static converters: Battery chargers (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Static converters: Battery chargers
Tariff HSN
Description
Static converters: Voltage regulator and stabilizers (other than automatic) (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Static converters: Voltage regulator and stabilizers (other than automatic)
Tariff HSN
Description
Static converters: Other (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Static converters: Other
Tariff HSN
Description
Other inductors: Choke coils (chokes) (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Other inductors: Choke coils (chokes)
Tariff HSN
Description
Other inductors: Other (Charger or charging station for Electrically operated vehicles)
Tariff HSN
Description
Other inductors: Other
Tariff HSN
Description
Parts : Of transformers
Tariff HSN
Description
Parts : Other
India’s Exports
FY 2024-25₹26,635 Cr
0.7192% of India’s total exports
India’s Imports
FY 2024-25₹30,921 Cr
0.5071% of India’s total imports
Trade Balance
FY 2024-25−₹4,286 Cr
Surplus rank #1100 of 1233 subchapters
% of Chapter 85
FY 2024-257.13%
Share of Chapter 85’s total exports in FY 2024-25
Import side: 4.12% of Chapter 85’s imports
Rank Within Chapter 85
FY 2024-25#2 of 48
Position by export value among subchapters in Chapter 85
Import-side rank: #6 of 48
At a glance
16.79%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#18
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+32.05%
Peak Growth Year
FY 2022-23 · strongest single-year move
7.13%
Contribution to Ch. 85
Share of Chapter 85 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
−4,629.55
Exports
10,495.87 ₹ Cr
0.4573% share
— YoY
11.77% of Ch. 85
Imports
15,125.42 ₹ Cr
0.4212% share
— YoY
4.15% of Ch. 85
Balance
−1,612.69
Exports
13,766.67 ₹ Cr
0.6233% share
+31.16% YoY
12.79% of Ch. 85
Imports
15,379.36 ₹ Cr
0.4584% share
+1.68% YoY
4.42% of Ch. 85
Balance
−2,554.10
Exports
13,037.45 ₹ Cr
0.6061% share
−5.30% YoY
12.41% of Ch. 85
Imports
15,591.55 ₹ Cr
0.5351% share
+1.38% YoY
4.52% of Ch. 85
Balance
−2,610.31
Exports
16,739.85 ₹ Cr
0.5334% share
+28.40% YoY
11.12% of Ch. 85
Imports
19,350.16 ₹ Cr
0.4234% share
+24.11% YoY
4.15% of Ch. 85
Balance
−616.02
Exports
22,104.77 ₹ Cr
0.6105% share
+32.05% YoY
9.59% of Ch. 85
Imports
22,720.79 ₹ Cr
0.3952% share
+17.42% YoY
4.18% of Ch. 85
Balance
−2,589.63
Exports
23,973.16 ₹ Cr
0.6626% share
+8.45% YoY
8.41% of Ch. 85
Imports
26,562.79 ₹ Cr
0.4730% share
+16.91% YoY
4.05% of Ch. 85
Balance
−4,286.05
Exports
26,635.22 ₹ Cr
0.7192% share
+11.10% YoY
7.13% of Ch. 85
Imports
30,921.27 ₹ Cr
0.5071% share
+16.41% YoY
4.12% of Ch. 85
CAGR · 7-Year
Exports
16.79% /yr
Imports
12.66% /yr
reference, FY 2024-25
Export
₹3,73,532.09 Cr
Import
₹7,49,913.76 Cr
Trade Balance
−3,76,381.67
India's exports under HSN Sub-Chapter 8504 have grown at a compound annual rate of 16.79% over 7 fiscal years, rising from ₹10,495.87 Crore in FY 2018-19 to ₹26,635.22 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8504 ranks #18 out of 1233 subchapters by total export value. Within Chapter 85, it ranks #2 of 48. By trade surplus, it ranks #1100 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8504 was recorded in FY 2022-23, when exports surged by 32.05% over the prior year.
In FY 2024-25, India's imports of ₹30,921.27 Cr exceeded exports of ₹26,635.22 Cr, resulting in a trade deficit of ₹4,286.05 Crore — ranking #1100 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8504 have grown at 12.66% CAGR, reaching ₹30,921.27 Crore in FY 2024-25.
Among the 48 subchapters under Chapter 85, HSN Sub-Chapter 8504 ranks #2 by export value — accounting for 7.13% of the chapter's total exports in FY 2024-25. On the import side, it holds 4.12% 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 8504 and GST compliance.
It includes Clad metals
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.
If your outward supply of Clad metals is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
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.
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.
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.