HSN Code 84262000 represents Tower cranes under GST classification. This code helps businesses identify Tower cranes correctly for billing, taxation, and trade. With HSN Code 84262000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Tower cranes.
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HSN Code 84262000 relates to the following description.
Description of Goods
Tower cranes
Chapter
84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
Sub Chapter
8426 - Ship’s derricks; cranes including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Tower cranes does not include products with the following descriptions.
Overhead travelling cranes, transporter cranes, gantry cranes, bridge cranes, mobile lifting frames and straddle carriers : Overhead travelling cranes on fixed support
Overhead travelling cranes, transporter cranes, gantry cranes, bridge cranes, mobile lifting frames and straddle carriers : Mobile lifting frames on tyres and straddle carriers
Overhead travelling cranes, transporter cranes, gantry cranes, bridge cranes, mobile lifting frames and straddle carriers : Other
Portal or pedestal jib cranes
Other machinery, self-propelled : On tyres
Other machinery, self-propelled : Other
Other machinery : Designed for mounting on road vehicles
Other machinery : Other : Ropeway and telphers
Other machinery : Other : Other
Overhead travelling cranes, transporter cranes, gantry cranes, bridge cranes, mobile lifting frames and straddle carriers : Overhead travelling cranes on fixed support
Overhead travelling cranes, transporter cranes, gantry cranes, bridge cranes, mobile lifting frames and straddle carriers : Mobile lifting frames on tyres and straddle carriers
Overhead travelling cranes, transporter cranes, gantry cranes, bridge cranes, mobile lifting frames and straddle carriers : Other
Portal or pedestal jib cranes
Other machinery, self-propelled : On tyres
Other machinery, self-propelled : Other
Other machinery : Designed for mounting on road vehicles
Other machinery : Other : Ropeway and telphers
Other machinery : Other : Other
India’s Exports
FY 2024-25₹65 Cr
0.0018% of India’s total exports
India’s Imports
FY 2024-25₹441 Cr
0.0073% of India’s total imports
Trade Balance
FY 2024-25−₹377 Cr
Surplus rank #11722 of 12657 HSN codes
% of Sub-Chapter 8426
FY 2024-257.11%
Share of Sub-Chapter 8426’s total exports in FY 2024-25
Import side: 5.18% of Sub-Chapter 8426’s imports
Rank Within Sub-Chapter 8426
FY 2024-25#6 of 10
Position by export value among HSN codes in Sub-Chapter 8426
Import-side rank: #4 of 10
At a glance
15.35%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3263
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+92.53%
Peak Growth Year
FY 2022-23 · strongest single-year move
7.11%
Contribution to Sub-Ch. 8426
Share of Sub-Chapter 8426 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−125.34
Exports
27.45 ₹ Cr
0.0012% share
— YoY
3.55% of Sub-Ch. 8426
Imports
152.79 ₹ Cr
0.0043% share
— YoY
5.28% of Sub-Ch. 8426
Balance
−189.77
Exports
34.40 ₹ Cr
0.0016% share
+25.32% YoY
4.38% of Sub-Ch. 8426
Imports
224.17 ₹ Cr
0.0067% share
+46.72% YoY
8.84% of Sub-Ch. 8426
Balance
−27.61
Exports
24.56 ₹ Cr
0.0011% share
−28.60% YoY
3.62% of Sub-Ch. 8426
Imports
52.17 ₹ Cr
0.0018% share
−76.73% YoY
2.40% of Sub-Ch. 8426
Balance
−42.81
Exports
35.73 ₹ Cr
0.0011% share
+45.48% YoY
5.85% of Sub-Ch. 8426
Imports
78.54 ₹ Cr
0.0017% share
+50.55% YoY
2.10% of Sub-Ch. 8426
Balance
−156.00
Exports
68.79 ₹ Cr
0.0019% share
+92.53% YoY
8.81% of Sub-Ch. 8426
Imports
224.79 ₹ Cr
0.0039% share
+186.21% YoY
3.58% of Sub-Ch. 8426
Balance
−122.51
Exports
61.65 ₹ Cr
0.0017% share
−10.38% YoY
7.27% of Sub-Ch. 8426
Imports
184.16 ₹ Cr
0.0033% share
−18.07% YoY
2.10% of Sub-Ch. 8426
Balance
−376.68
Exports
64.67 ₹ Cr
0.0018% share
+4.90% YoY
7.11% of Sub-Ch. 8426
Imports
441.35 ₹ Cr
0.0073% share
+139.66% YoY
5.18% of Sub-Ch. 8426
CAGR · 7-Year
Exports
15.35% /yr
Imports
19.34% /yr
reference, FY 2024-25
Export
₹910.00 Cr
Import
₹8,518.12 Cr
Trade Balance
−7,608.12
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.
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.
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.
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.
India's imports under HSN Code 84262000 have grown at 19.34% CAGR, reaching ₹441.35 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 84262000 and GST compliance.
It includes Other machinery : Other : Ropeway and telphers
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.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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).
Under HSN 84262000, Tower cranes attracts Varies when sold in taxable form. Describe the exact form on the invoice.