8534 HSN Code: Printed circuits

HSN Sub Chapter 8534 represents Printed circuits under GST classification. This code helps businesses identify Printed circuits correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8534, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Printed circuits.

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 8534

GST Rate for Printed circuits under HSN Code 8534. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

85

HSN Code

8534

HSN Description

Printed circuits

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 8534

Following tariff HSN codes fall under Printed circuits.

Tariff HSN

85340000

Description

Printed circuits

India’s Trade Performance — HSN Sub-Chapter 8534 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

−11.77% vs FY 2023-24

0.0297% of India’s total exports

India’s Imports

FY 2024-25

₹12,770 Cr

+12.86% vs FY 2023-24

0.2094% of India’s total imports

Trade Balance

FY 2024-25

−₹11,671 Cr

Trade Deficit

Surplus rank #1160 of 1233 subchapters

% of Chapter 85

FY 2024-25

0.29%

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

Import side: 1.70% of Chapter 85’s imports

Rank Within Chapter 85

FY 2024-25

#25 of 48

Position by export value among subchapters in Chapter 85

Import-side rank: #11 of 48

At a glance

2.21%

Export CAGR

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

#369

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+14.65%

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 8534

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 #299

Balance

−3,817.29

Exports

963.15 ₹ Cr

0.0420% share

— YoY

1.08% of Ch. 85

Imports

4,780.44 ₹ Cr

0.1331% share

— YoY

1.31% of Ch. 85

FY 2019-20 Exp. Rank #312

Balance

−3,507.60

Exports

858.76 ₹ Cr

0.0389% share

−10.84% YoY

0.80% of Ch. 85

Imports

4,366.36 ₹ Cr

0.1302% share

−8.66% YoY

1.25% of Ch. 85

FY 2020-21 Exp. Rank #337

Balance

−4,477.99

Exports

837.26 ₹ Cr

0.0389% share

−2.50% YoY

0.80% of Ch. 85

Imports

5,315.25 ₹ Cr

0.1824% share

+21.73% YoY

1.54% of Ch. 85

FY 2021-22 Exp. Rank #370

Balance

−5,578.12

Exports

959.92 ₹ Cr

0.0306% share

+14.65% YoY

0.64% of Ch. 85

Imports

6,538.04 ₹ Cr

0.1430% share

+23.01% YoY

1.40% of Ch. 85

FY 2022-23 Exp. Rank #365

Balance

−8,241.70

Exports

1,099.48 ₹ Cr

0.0304% share

+14.54% YoY

0.48% of Ch. 85

Imports

9,341.18 ₹ Cr

0.1625% share

+42.87% YoY

1.72% of Ch. 85

FY 2023-24 Exp. Rank #349

Balance

−10,069.65

Exports

1,244.90 ₹ Cr

0.0344% share

+13.23% YoY

0.44% of Ch. 85

Imports

11,314.55 ₹ Cr

0.2015% share

+21.13% YoY

1.72% of Ch. 85

FY 2024-25 Exp. Rank #369

Balance

−11,671.22

Exports

1,098.35 ₹ Cr

0.0297% share

−11.77% YoY

0.29% of Ch. 85

Imports

12,769.57 ₹ Cr

0.2094% share

+12.86% YoY

1.70% of Ch. 85

CAGR · 7-Year

Exports

2.21% /yr

Imports

17.79% /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 8534 Export-Import Analysis

Consistent Export Growth: 2.21% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8534 have grown at a compound annual rate of 2.21% over 7 fiscal years, rising from ₹963.15 Crore in FY 2018-19 to ₹1,098.35 Crore in FY 2024-25.

HSN Sub-Chapter 8534 Ranked #369 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8534 ranks #369 out of 1233 subchapters by total export value. Within Chapter 85, it ranks #25 of 48. By trade surplus, it ranks #1160 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 8534 Exports

The strongest single-year export movement for HSN Sub-Chapter 8534 was recorded in FY 2021-22, when exports surged by 14.65% over the prior year.

India Records a Trade Deficit of ₹11,671.22 Crore in HSN Sub-Chapter 8534 Goods

In FY 2024-25, India's imports of ₹12,769.57 Cr exceeded exports of ₹1,098.35 Cr, resulting in a trade deficit of ₹11,671.22 Crore — ranking #1160 of 1233 by surplus magnitude.

Import Growth of 17.79% CAGR Signals Rising Demand for Printed circuits

India's imports under HSN Sub-Chapter 8534 have grown at 17.79% CAGR, reaching ₹12,769.57 Crore in FY 2024-25.

HSN Sub-Chapter 8534 Contributes 0.29% of Chapter 85 Exports — Ranked #25

Among the 48 subchapters under Chapter 85, HSN Sub-Chapter 8534 ranks #25 by export value — accounting for 0.29% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.70% share (rank #11).

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 8534 and GST compliance.

What products are classified under HSN 8534

It includes Printed circuits

How should I document Printed circuits sent for job work?

Use a delivery challan for sending Printed circuits 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.

Any special steps when selling Printed circuits through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

What are the e‑way bill and e‑invoice points while moving Printed circuits?

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.

If I repair and return Printed circuits, 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.

Is the composition scheme suitable if I mainly trade Printed circuits?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

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 85