---
title: "HSN Code for Tower cranes | HSN 84262000 GST Rate"
description: "Find HSN and GST Rates for 84262000 related to Tower cranes with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84262000/"
---

# HSN Code 84262000: Tower cranes

- [Section 16: Guide to HSN Section 16](https://busy.in/hsn/section-16/)
- [Chapter 84: Nuclear Reactors, Boilers & Machinery](https://busy.in/hsn/chapter-84/)
- [Sub-chapter 8426: Ship’s Cranes](https://busy.in/hsn/sub-chapter-8426/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Tower cranes | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84262000 ?

It includes Other machinery : Other : Ropeway and telphers

### Do e‑way bill and e‑invoice apply for Tower cranes?

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.

### Does packaging or labelling change the GST for Tower cranes?

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.

### Can we claim ITC on inputs used to trade Tower cranes?

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

### How should mixed supplies be billed when Tower cranes is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tower cranes; Nil for exempt items if applicable).

### How much GST applies to Tower cranes?

Under HSN 84262000, Tower cranes attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 84262000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹65 Cr (+4.90% YoY) — 0.0018% of India's total exports
- Imports: ₹441 Cr (+139.66% YoY) — 0.0073% of India's total imports
- Trade balance: −₹377 Cr (Deficit); surplus rank #11722 of 12657 HSN codes
- Share of Sub-Chapter 8426: 7.11% of its exports; import side 5.18%
- Rank within Sub-Chapter 8426: #6 of 10 by export value; import-side #4

### Key metrics

- Export CAGR: 15.35% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #3263 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +92.53% in FY 2022-23
- Contribution to Sub-Ch. 8426: 7.11% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84262000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 8426 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8426 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 27.45 | 0.0012% | — | 3.55% | 152.79 | 0.0043% | — | 5.28% | −125.34 | #3682 |
| FY 2019-20 | 34.40 | 0.0016% | +25.32% | 4.38% | 224.17 | 0.0067% | +46.72% | 8.84% | −189.77 | #3410 |
| FY 2020-21 | 24.56 | 0.0011% | −28.60% | 3.62% | 52.17 | 0.0018% | −76.73% | 2.40% | −27.61 | #3921 |
| FY 2021-22 | 35.73 | 0.0011% | +45.48% | 5.85% | 78.54 | 0.0017% | +50.55% | 2.10% | −42.81 | #3827 |
| FY 2022-23 | 68.79 | 0.0019% | +92.53% | 8.81% | 224.79 | 0.0039% | +186.21% | 3.58% | −156.00 | #3058 |
| FY 2023-24 | 61.65 | 0.0017% | −10.38% | 7.27% | 184.16 | 0.0033% | −18.07% | 2.10% | −122.51 | #3245 |
| FY 2024-25 | 64.67 | 0.0018% | +4.90% | 7.11% | 441.35 | 0.0073% | +139.66% | 5.18% | −376.68 | #3263 |

- CAGR (7-year): exports 15.35%/yr, imports 19.34%/yr (consistently Deficit)

## Key trade insights: HSN Code 84262000 export-import analysis

### Consistent export growth: 15.35% CAGR over 7 years

India's exports under HSN Code 84262000 have grown at a compound annual rate of 15.35% over 7 fiscal years, rising from ₹27.45 Crore in FY 2018-19 to ₹64.67 Crore in FY 2024-25.

### HSN Code 84262000 ranked #3263 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84262000 ranks #3263 out of 12657 HSN codes by total export value. Within Sub-Chapter 8426, it ranks #6 of 10. By trade surplus, it ranks #11722 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 84262000 exports

The strongest single-year export movement for HSN Code 84262000 was recorded in FY 2022-23, when exports surged by 92.53% over the prior year.

### India records a trade deficit of ₹376.68 Crore in HSN Code 84262000 goods

In FY 2024-25, India's imports of ₹441.35 Cr exceeded exports of ₹64.67 Cr, resulting in a trade deficit of ₹376.68 Crore — ranking #11722 of 12657 by surplus magnitude.

### Import growth of 19.34% CAGR signals rising demand for Tower cranes

India's imports under HSN Code 84262000 have grown at 19.34% CAGR, reaching ₹441.35 Crore in FY 2024-25.

### HSN Code 84262000 contributes 7.11% of Sub-Chapter 8426 exports — ranked #6

Among the 10 HSN codes under Sub-Chapter 8426, HSN Code 84262000 ranks #6 by export value — accounting for 7.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.18% share (rank #4).

## Related HSN Codes in Sub-Chapter 8426

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 84261100: Non-Aerated/Non-Mineral Water & Neera](https://busy.in/hsn/hsn-84261100/) | ₹337 Cr |
| #2 | [HSN Code 84264900: Other machinery, self-propelled : Other](https://busy.in/hsn/hsn-84264900/) | ₹181 Cr |
| #3 | [HSN Code 84261900: Other Cranes](https://busy.in/hsn/hsn-84261900/) | ₹96 Cr |
| #4 | [HSN Code 84264100: Machinery\| Self-Propelled On Tyres](https://busy.in/hsn/hsn-84264100/) | ₹96 Cr |
| #5 | [HSN Code 84263000: Portal or pedestal jib cranes](https://busy.in/hsn/hsn-84263000/) | ₹71 Cr |
| #6 | HSN Code 84262000: Tower cranes (this hsn code) | ₹65 Cr |
| #7 | [HSN Code 84269990: Other machinery : Other : Other](https://busy.in/hsn/hsn-84269990/) | ₹34 Cr |
| #8 | [HSN Code 84261200: Mobile Lifting Frames/Straddle Carriers (Tyred)](https://busy.in/hsn/hsn-84261200/) | ₹14 Cr |
| #9 | [HSN Code 84269100: Road vehicle mounted machinery](https://busy.in/hsn/hsn-84269100/) | ₹13 Cr |
| #10 | [HSN Code 84269910: Other machinery : Other : Ropeway and telphers](https://busy.in/hsn/hsn-84269910/) | ₹4 Cr |