8514 HSN Code: Industrial electric furnaces & ovens

HSN Sub Chapter 8514 represents Industrial electric furnaces & ovens under GST classification. This code helps businesses identify Industrial electric furnaces & ovens correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8514, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Industrial electric furnaces & ovens.

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New GST Rate for HSN Code 8514

GST Rate for Industrial electric furnaces & ovens under HSN Code 8514. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

85

HSN Code

8514

HSN Description

Industrial or laboratory electric furnaces and ovens (including those functioning by induction or dielectric loss); other industrial or laboratory equipment for the heat treatment of materials by induction or dielectric loss

New GST Rate

28 %
Standard

Old GST Rate

28 %

Tariff HSN Codes under HSN Sub Chapter 8514

Following tariff HSN codes fall under Industrial electric furnaces & ovens.

Tariff HSN

85141000

Description

Industrial or laboratory electric furnaces and ovens (including those functioning by induction or dielectric loss); other industrial or laboratory equipment for the heat treatment of materials by induction or dielectric loss resistance heated furnaces and ovens

Tariff HSN

85141100

Description

Resistance heated furnaces and ovens: Hot isostatic presses

Tariff HSN

85141900

Description

Resistance heated furnaces and ovens: Other

Tariff HSN

85142000

Description

Furnaces and ovens functioning by induction or dielectric loss

Tariff HSN

85143010

Description

Industrial or laboratory electric furnaces and ovens (including those functioning by induction or dielectric loss); other industrial or laboratory equipment for the heat treatment of materials by induction or dielectric loss - other furnaces and ovens: for melting

Tariff HSN

85143090

Description

Industrial or laboratory electric furnaces and ovens (including those functioning by induction or dielectric loss); other industrial or laboratory equipment for the heat treatment of materials by induction or dielectric loss - other furnaces and ovens: other

Tariff HSN

85143100

Description

Other furnaces and ovens: Electron beam furnaces

Tariff HSN

85143200

Description

Other furnaces and ovens: Plasma and vacuum arc furnaces

Tariff HSN

85143900

Description

Other furnaces and ovens: Other

Tariff HSN

85144000

Description

Other equipment for the heat treatment of materials by induction or dielectric loss

Tariff HSN

85149000

Description

Parts

India’s Trade Performance — HSN Sub-Chapter 8514 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

₹1,098 Cr

−11.36% vs FY 2023-24

0.0296% of India’s total exports

India’s Imports

FY 2024-25

₹2,008 Cr

+38.01% vs FY 2023-24

0.0329% of India’s total imports

Trade Balance

FY 2024-25

−₹910 Cr

Trade Deficit

Surplus rank #943 of 1233 subchapters

% of Chapter 85

FY 2024-25

0.29%

Share of Chapter 85’s total exports in FY 2024-25

Import side: 0.27% of Chapter 85’s imports

Rank Within Chapter 85

FY 2024-25

#26 of 48

Position by export value among subchapters in Chapter 85

Import-side rank: #33 of 48

At a glance

8.01%

Export CAGR

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

#370

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+47.18%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.29%

Contribution to Ch. 85

Share of Chapter 85 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8514

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 #363

Balance

−92.53

Exports

691.52 ₹ Cr

0.0301% share

— YoY

0.78% of Ch. 85

Imports

784.05 ₹ Cr

0.0218% share

— YoY

0.22% of Ch. 85

FY 2019-20 Exp. Rank #318

Balance

−117.50

Exports

808.79 ₹ Cr

0.0366% share

+16.96% YoY

0.75% of Ch. 85

Imports

926.29 ₹ Cr

0.0276% share

+18.14% YoY

0.27% of Ch. 85

FY 2020-21 Exp. Rank #393

Balance

−230.28

Exports

595.42 ₹ Cr

0.0277% share

−26.38% YoY

0.57% of Ch. 85

Imports

825.70 ₹ Cr

0.0283% share

−10.86% YoY

0.24% of Ch. 85

FY 2021-22 Exp. Rank #382

Balance

+30.11

Exports

876.33 ₹ Cr

0.0279% share

+47.18% YoY

0.58% of Ch. 85

Imports

846.22 ₹ Cr

0.0185% share

+2.49% YoY

0.18% of Ch. 85

FY 2022-23 Exp. Rank #373

Balance

−222.98

Exports

1,038.19 ₹ Cr

0.0287% share

+18.47% YoY

0.45% of Ch. 85

Imports

1,261.17 ₹ Cr

0.0219% share

+49.04% YoY

0.23% of Ch. 85

FY 2023-24 Exp. Rank #352

Balance

−216.69

Exports

1,238.35 ₹ Cr

0.0342% share

+19.28% YoY

0.43% of Ch. 85

Imports

1,455.04 ₹ Cr

0.0259% share

+15.37% YoY

0.22% of Ch. 85

FY 2024-25 Exp. Rank #370

Balance

−910.42

Exports

1,097.72 ₹ Cr

0.0296% share

−11.36% YoY

0.29% of Ch. 85

Imports

2,008.14 ₹ Cr

0.0329% share

+38.01% YoY

0.27% of Ch. 85

CAGR · 7-Year

Exports

8.01% /yr

Imports

16.97% /yr

Consistently Deficit
Chapter 85 total

reference, FY 2024-25

Export

₹3,73,532.09 Cr

Import

₹7,49,913.76 Cr

Trade Balance

−3,76,381.67

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

Key Trade Insights: HSN Sub-Chapter 8514 Export-Import Analysis

Consistent Export Growth: 8.01% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8514 have grown at a compound annual rate of 8.01% over 7 fiscal years, rising from ₹691.52 Crore in FY 2018-19 to ₹1,097.72 Crore in FY 2024-25.

HSN Sub-Chapter 8514 Ranked #370 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8514 ranks #370 out of 1233 subchapters by total export value. Within Chapter 85, it ranks #26 of 48. By trade surplus, it ranks #943 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 8514 Exports

The strongest single-year export movement for HSN Sub-Chapter 8514 was recorded in FY 2021-22, when exports surged by 47.18% over the prior year.

India Records a Trade Deficit of ₹910.42 Crore in HSN Sub-Chapter 8514 Goods

In FY 2024-25, India's imports of ₹2,008.14 Cr exceeded exports of ₹1,097.72 Cr, resulting in a trade deficit of ₹910.42 Crore — ranking #943 of 1233 by surplus magnitude.

Import Growth of 16.97% CAGR Signals Rising Demand for Industrial electric furnaces & ovens

India's imports under HSN Sub-Chapter 8514 have grown at 16.97% CAGR, reaching ₹2,008.14 Crore in FY 2024-25.

HSN Sub-Chapter 8514 Contributes 0.29% of Chapter 85 Exports — Ranked #26

Among the 48 subchapters under Chapter 85, HSN Sub-Chapter 8514 ranks #26 by export value — accounting for 0.29% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.27% share (rank #33).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8514 and GST compliance.

What products are classified under HSN 8514

It includes Industrial electric furnaces & ovens

How do I bill a kit or combo that includes Industrial electric furnaces & ovens?

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.

What should my invoice and records include for Industrial electric furnaces & ovens?

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 Industrial electric furnaces & ovens 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.

Any import/export nuance for Industrial electric furnaces & ovens?

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 I repair and return Industrial electric furnaces & ovens, 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.

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.

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