8542 HSN Code: Electronic integrated circuits

HSN Sub Chapter 8542 represents Electronic integrated circuits under GST classification. This code helps businesses identify Electronic integrated circuits correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8542, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Electronic integrated circuits.

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New GST Rate for HSN Code 8542

GST Rate for Electronic integrated circuits under HSN Code 8542. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

85

HSN Code

8542

HSN Description

Electronic integrated circuits

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 8542

Following tariff HSN codes fall under Electronic integrated circuits.

Tariff HSN

85421010

Description

Electronic integrated circuits and micro-assemblies -cards incorporating an electronic integrated circuit *smarv cards): sim cards

Tariff HSN

85421020

Description

Electronic integrated circuits and micro-assemblies -cards incorporating an electronic integrated circuit *smarv cards): memory cards

Tariff HSN

85421090

Description

Electronic integrated circuits and micro-assemblies -cards incorporating an electronic integrated circuit *smarv cards): other

Tariff HSN

85422100

Description

Electronic integrated circuits and micro-assemblies - monolithic integrated circuits: digital

Tariff HSN

85422910

Description

Electronic integrated circuits and micro-assemblies - monolithic integrated circuits: - other: cards incorporating only a single electronic integrated circuit with optical strip

Tariff HSN

85422990

Description

Electronic integrated circuits and micro-assemblies - monolithic integrated circuits: - other: other

Tariff HSN

85423100

Description

Electronic integrated circuits: Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits

Tariff HSN

85423200

Description

Electronic integrated circuits: Memories

Tariff HSN

85423300

Description

Electronic integrated circuits: Amplifiers

Tariff HSN

85423900

Description

Other: Other

Tariff HSN

85426000

Description

Electronic integrated circuits and micro-assemblies hybrid integrated circuits

Tariff HSN

85427000

Description

Electronic integrated circuits and micro-assemblies electronic microassemblies

Tariff HSN

85429000

Description

Parts

India’s Trade Performance — HSN Sub-Chapter 8542 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

₹2,149 Cr

+12.96% vs FY 2023-24

0.0580% of India’s total exports

India’s Imports

FY 2024-25

₹2,08,612 Cr

+21.65% vs FY 2023-24

3.4209% of India’s total imports

Trade Balance

FY 2024-25

−₹2,06,463 Cr

Trade Deficit

Surplus rank #1206 of 1233 subchapters

% of Chapter 85

FY 2024-25

0.58%

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

Import side: 27.82% of Chapter 85’s imports

Rank Within Chapter 85

FY 2024-25

#15 of 48

Position by export value among subchapters in Chapter 85

Import-side rank: #1 of 48

At a glance

3.23%

Export CAGR

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

#256

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+57.57%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.58%

Contribution to Ch. 85

Share of Chapter 85 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8542

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 #201

Balance

−59,697.40

Exports

1,775.98 ₹ Cr

0.0774% share

— YoY

1.99% of Ch. 85

Imports

61,473.38 ₹ Cr

1.7119% share

— YoY

16.88% of Ch. 85

FY 2019-20 Exp. Rank #204

Balance

−69,828.94

Exports

1,752.13 ₹ Cr

0.0793% share

−1.34% YoY

1.63% of Ch. 85

Imports

71,581.07 ₹ Cr

2.1338% share

+16.44% YoY

20.56% of Ch. 85

FY 2020-21 Exp. Rank #189

Balance

−65,431.91

Exports

2,064.64 ₹ Cr

0.0960% share

+17.84% YoY

1.97% of Ch. 85

Imports

67,496.55 ₹ Cr

2.3164% share

−5.71% YoY

19.56% of Ch. 85

FY 2021-22 Exp. Rank #168

Balance

−98,485.47

Exports

3,253.23 ₹ Cr

0.1037% share

+57.57% YoY

2.16% of Ch. 85

Imports

1,01,738.70 ₹ Cr

2.2259% share

+50.73% YoY

21.82% of Ch. 85

FY 2022-23 Exp. Rank #177

Balance

−1,26,480.23

Exports

3,221.93 ₹ Cr

0.0890% share

−0.96% YoY

1.40% of Ch. 85

Imports

1,29,702.16 ₹ Cr

2.2558% share

+27.49% YoY

23.85% of Ch. 85

FY 2023-24 Exp. Rank #260

Balance

−1,69,580.78

Exports

1,902.65 ₹ Cr

0.0526% share

−40.95% YoY

0.67% of Ch. 85

Imports

1,71,483.43 ₹ Cr

3.0536% share

+32.21% YoY

26.11% of Ch. 85

FY 2024-25 Exp. Rank #256

Balance

−2,06,462.53

Exports

2,149.18 ₹ Cr

0.0580% share

+12.96% YoY

0.58% of Ch. 85

Imports

2,08,611.71 ₹ Cr

3.4209% share

+21.65% YoY

27.82% of Ch. 85

CAGR · 7-Year

Exports

3.23% /yr

Imports

22.59% /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 8542 Export-Import Analysis

Consistent Export Growth: 3.23% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8542 have grown at a compound annual rate of 3.23% over 7 fiscal years, rising from ₹1,775.98 Crore in FY 2018-19 to ₹2,149.18 Crore in FY 2024-25.

HSN Sub-Chapter 8542 Ranked #256 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8542 ranks #256 out of 1233 subchapters by total export value. Within Chapter 85, it ranks #15 of 48. By trade surplus, it ranks #1206 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 8542 Exports

The strongest single-year export movement for HSN Sub-Chapter 8542 was recorded in FY 2021-22, when exports surged by 57.57% over the prior year.

India Records a Trade Deficit of ₹2,06,462.53 Crore in HSN Sub-Chapter 8542 Goods

In FY 2024-25, India's imports of ₹2,08,611.71 Cr exceeded exports of ₹2,149.18 Cr, resulting in a trade deficit of ₹2,06,462.53 Crore — ranking #1206 of 1233 by surplus magnitude.

Import Growth of 22.59% CAGR Signals Rising Demand for Electronic integrated circuits

India's imports under HSN Sub-Chapter 8542 have grown at 22.59% CAGR, reaching ₹2,08,611.71 Crore in FY 2024-25.

HSN Sub-Chapter 8542 Contributes 0.58% of Chapter 85 Exports — Ranked #15

Among the 48 subchapters under Chapter 85, HSN Sub-Chapter 8542 ranks #15 by export value — accounting for 0.58% of the chapter's total exports in FY 2024-25. On the import side, it holds 27.82% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8542 and GST compliance.

What products are classified under HSN 8542

It includes Electronic integrated circuits

What should my invoice and records include for Electronic integrated circuits?

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.

What misclassification mistakes happen with Electronic integrated circuits?

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.

What are the e‑way bill and e‑invoice points while moving Electronic integrated 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.

Does packaging or branding change how GST applies to Electronic integrated circuits?

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

Can I claim ITC on inputs and services used for Electronic integrated circuits?

If your outward supply of Electronic integrated circuits 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.

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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