HSN Code 84072900: Marine propulsion engines: Other

HSN Code 84072900 represents Marine propulsion engines: Other under GST classification. This code helps businesses identify Marine propulsion engines: Other correctly for billing, taxation, and trade. With HSN Code 84072900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Marine propulsion engines: Other.

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Description of Goods for HSN Code 84072900

HSN Code 84072900 relates to the following description.

Description of Goods

Marine propulsion engines: Other

Chapter

84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

Sub Chapter

8407 - Spark-ignition reciprocating or rotary internal combustion piston engines

CGST

14%

SGST

14%

IGST

28%

CESS

0%

What does HSN Code 84072900 not include?

Marine propulsion engines: Other does not include products with the following descriptions.

Reciprocating piston engines of a kind used for the propulsion of vehicles of Chapter 87 : Of a cylinder capacity not exceeding 50 cc : For motor cycles

Reciprocating piston engines of a kind used for the propulsion of vehicles of Chapter 87 : Of a cylinder capacity not exceeding 50 cc : Other

Reciprocating piston engines of a kind used for the propulsion of vehicles of Chapter 87 :Of a cylinder capacity exceeding 50 cc but not exceeding 250 cc: For motor cycles

Reciprocating piston engines of a kind used for the propulsion of vehicles of Chapter 87 :Of a cylinder capacity exceeding 50 cc but not exceeding 250 cc: Other

Reciprocating piston engines of a kind used for the propulsion of vehicles of Chapter 87 : Of a cylinder capacity exceeding 250 cc but not exceeding 1,000 cc : For motor cars

Reciprocating piston engines of a kind used for the propulsion of vehicles of Chapter 87 : Of a cylinder capacity exceeding 250 cc but not exceeding 1,000 cc : For motor cycles

Reciprocating piston engines of a kind used for the propulsion of vehicles of Chapter 87 : Of a cylinder capacity exceeding 250 cc but not exceeding 1,000 cc : Other

Reciprocating piston engines of a kind used for the propulsion of vehicles of Chapter 87 : Of a cylinder capacity exceeding 1,000 cc: For motor cars

Reciprocating piston engines of a kind used for the propulsion of vehicles of Chapter 87 : Of a cylinder capacity exceeding 1,000 cc: Other

India’s Trade Performance — HSN Code 84072900 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 Crore

−80.71% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

+21.92% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #7959 of 12657 HSN codes

% of Sub-Chapter 8407

FY 2024-25

0.01%

Share of Sub-Chapter 8407’s total exports in FY 2024-25

Import side: 0.08% of Sub-Chapter 8407’s imports

Rank Within Sub-Chapter 8407

FY 2024-25

#12 of 15

Position by export value among HSN codes in Sub-Chapter 8407

Import-side rank: #9 of 15

At a glance

−22.24%

Export CAGR

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

#8615

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+197.28%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.01%

Contribution to Sub-Ch. 8407

Share of Sub-Chapter 8407 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84072900

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 #6497

Balance

+1.80

Exports

2.94 ₹ Cr

0.0001% share

YoY

0.10% of Sub-Ch. 8407

Imports

1.14 ₹ Cr

0.0000% share

YoY

0.03% of Sub-Ch. 8407

FY 2019-20 Exp. Rank #5190

Balance

+4.16

Exports

8.74 ₹ Cr

0.0004% share

+197.28% YoY

0.26% of Sub-Ch. 8407

Imports

4.58 ₹ Cr

0.0001% share

+301.75% YoY

0.09% of Sub-Ch. 8407

FY 2020-21 Exp. Rank #5088

Balance

+9.44

Exports

9.93 ₹ Cr

0.0005% share

+13.62% YoY

0.33% of Sub-Ch. 8407

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−89.30% YoY

0.02% of Sub-Ch. 8407

FY 2021-22 Exp. Rank #6485

Balance

−0.27

Exports

4.50 ₹ Cr

0.0001% share

−54.68% YoY

0.14% of Sub-Ch. 8407

Imports

4.77 ₹ Cr

0.0001% share

+873.47% YoY

0.12% of Sub-Ch. 8407

FY 2022-23 Exp. Rank #5589

Balance

+9.60

Exports

10.35 ₹ Cr

0.0003% share

+130.00% YoY

0.28% of Sub-Ch. 8407

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−84.28% YoY

0.02% of Sub-Ch. 8407

FY 2023-24 Exp. Rank #7008

Balance

+1.91

Exports

3.37 ₹ Cr

0.0001% share

−67.44% YoY

0.09% of Sub-Ch. 8407

Imports

1.46 ₹ Cr

0.0000% share

+94.67% YoY

0.05% of Sub-Ch. 8407

FY 2024-25 Exp. Rank #8615

Balance

−1.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−80.71% YoY

0.01% of Sub-Ch. 8407

Imports

1.78 ₹ Cr

0.0000% share

+21.92% YoY

0.08% of Sub-Ch. 8407

CAGR · 7-Year

Exports

−22.24% /yr

Imports

7.71% /yr

Consistently Deficit
Sub-Chapter 8407 total

reference, FY 2024-25

Export

₹4,695.76 Cr

Import

₹2,373.43 Cr

Trade Balance

+2,322.33

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

Key Trade Insights: HSN Code 84072900 Export-Import Analysis

Export Decline: −22.24% CAGR Over 7 Years

India's exports under HSN Code 84072900 have declined at a compound annual rate of −22.24% over 7 fiscal years, falling from ₹2.94 Crore in FY 2018-19 to ₹0.65 Crore in FY 2024-25.

HSN Code 84072900 Ranked #8615 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84072900 ranks #8615 out of 12657 HSN codes by total export value. Within Sub-Chapter 8407, it ranks #12 of 15. By trade surplus, it ranks #7959 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 84072900 Exports

The strongest single-year export movement for HSN Code 84072900 was recorded in FY 2019-20, when exports surged by 197.28% over the prior year.

India Records a Trade Deficit of ₹1.13 Crore in HSN Code 84072900 Goods

In FY 2024-25, India's imports of ₹1.78 Cr exceeded exports of ₹0.65 Cr, resulting in a trade deficit of ₹1.13 Crore — ranking #7959 of 12657 by surplus magnitude.

Import Growth of 7.71% CAGR Signals Stable Import Dependency for Marine propulsion engines: Other

India's imports under HSN Code 84072900 have grown at 7.71% CAGR, reaching ₹1.78 Crore in FY 2024-25.

HSN Code 84072900 Contributes 0.01% of Sub-Chapter 8407 Exports — Ranked #12

Among the 15 HSN codes under Sub-Chapter 8407, HSN Code 84072900 ranks #12 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.08% share (rank #9).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84072900 and GST compliance.

What products are classified under HSN 84072900 ?

It includes Car Engines (250-1000cc)

How much GST applies to Marine propulsion engines: Other?

Under HSN 84072900, Marine propulsion engines: Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Marine propulsion engines: Other?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Do e‑way bill and e‑invoice apply for Marine propulsion engines: Other?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Can we claim ITC on inputs used to trade Marine propulsion engines: Other?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Does packaging or labelling change the GST for Marine propulsion engines: Other?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

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.