HSN Code 84281011: Lifts: Buildings

HSN Code 84281011 represents Lifts: Buildings under GST classification. This code helps businesses identify Lifts: Buildings correctly for billing, taxation, and trade. With HSN Code 84281011, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Lifts: Buildings.

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Description of Goods for HSN Code 84281011

HSN Code 84281011 relates to the following description.

Description of Goods

Lifts and skip hoists: Lifts : Lifts of a kind used in buildings

Chapter

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

Sub Chapter

8428 - Other lifting, handling, loading or unloading machinery (for example, lifts, escalators, conveyors, teleferics)

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84281011 not include?

Lifts: Buildings does not include products with the following descriptions.

Other continuous-action elevators and conveyors, for goods or materials : Specially designed for underground use

Other continuous-action elevators and conveyors, for goods or materials : Other, bucket type

Other continuous-action elevators and conveyors, for goods or materials : Other, belt type

Other continuous-action elevators and conveyors, for goods or materials : Other

Other lifting, handling, loading or unloading machinery (for example, lifts, escalators, conveyors, teleferics) - mine wagon pushers, locomotive or wagon traversers, wagon tippers and similar railway wagon handling equipment: wagon marshalling equipment

Other lifting, handling, loading or unloading machinery (for example, lifts, escalators, conveyors, teleferics) - mine wagon pushers, locomotive or wagon traversers, wagon tippers and similar railway wagon handling equipment: wagon tippers

Other lifting, handling, loading or unloading machinery (for example, lifts, escalators, conveyors, teleferics) - mine wagon pushers, locomotive or wagon traversers, wagon tippers and similar railway wagon handling equipment: other

India’s Trade Performance — HSN Code 84281011 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

₹141 Cr

−15.92% vs FY 2023-24

0.0038% of India’s total exports

India’s Imports

FY 2024-25

₹548 Cr

+32.54% vs FY 2023-24

0.0090% of India’s total imports

Trade Balance

FY 2024-25

−₹407 Cr

Trade Deficit

Surplus rank #11770 of 12657 HSN codes

% of Sub-Chapter 8428

FY 2024-25

6.19%

Share of Sub-Chapter 8428’s total exports in FY 2024-25

Import side: 5.72% of Sub-Chapter 8428’s imports

Rank Within Sub-Chapter 8428

FY 2024-25

#6 of 19

Position by export value among HSN codes in Sub-Chapter 8428

Import-side rank: #5 of 19

At a glance

25.67%

Export CAGR

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

#2238

National Export Rank

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

+55.92%

Peak Growth Year

FY 2023-24 · strongest single-year move

6.19%

Contribution to Sub-Ch. 8428

Share of Sub-Chapter 8428 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84281011

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 #3349

Balance

−522.32

Exports

35.71 ₹ Cr

0.0016% share

YoY

2.74% of Sub-Ch. 8428

Imports

558.03 ₹ Cr

0.0156% share

YoY

12.82% of Sub-Ch. 8428

FY 2019-20 Exp. Rank #2998

Balance

−405.99

Exports

46.09 ₹ Cr

0.0021% share

+29.07% YoY

3.77% of Sub-Ch. 8428

Imports

452.08 ₹ Cr

0.0135% share

−18.99% YoY

10.81% of Sub-Ch. 8428

FY 2020-21 Exp. Rank #2981

Balance

−213.34

Exports

48.54 ₹ Cr

0.0023% share

+5.32% YoY

4.86% of Sub-Ch. 8428

Imports

261.88 ₹ Cr

0.0090% share

−42.07% YoY

8.64% of Sub-Ch. 8428

FY 2021-22 Exp. Rank #2842

Balance

−292.56

Exports

72.09 ₹ Cr

0.0023% share

+48.52% YoY

4.83% of Sub-Ch. 8428

Imports

364.65 ₹ Cr

0.0080% share

+39.24% YoY

12.41% of Sub-Ch. 8428

FY 2022-23 Exp. Rank #2444

Balance

−306.28

Exports

107.27 ₹ Cr

0.0030% share

+48.80% YoY

4.88% of Sub-Ch. 8428

Imports

413.55 ₹ Cr

0.0072% share

+13.41% YoY

10.15% of Sub-Ch. 8428

FY 2023-24 Exp. Rank #1984

Balance

−246.14

Exports

167.26 ₹ Cr

0.0046% share

+55.92% YoY

7.43% of Sub-Ch. 8428

Imports

413.40 ₹ Cr

0.0074% share

−0.04% YoY

6.88% of Sub-Ch. 8428

FY 2024-25 Exp. Rank #2238

Balance

−407.27

Exports

140.63 ₹ Cr

0.0038% share

−15.92% YoY

6.19% of Sub-Ch. 8428

Imports

547.90 ₹ Cr

0.0090% share

+32.54% YoY

5.72% of Sub-Ch. 8428

CAGR · 7-Year

Exports

25.67% /yr

Imports

−0.30% /yr

Consistently Deficit
Sub-Chapter 8428 total

reference, FY 2024-25

Export

₹2,270.13 Cr

Import

₹9,571.67 Cr

Trade Balance

−7,301.54

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

Key Trade Insights: HSN Code 84281011 Export-Import Analysis

Consistent Export Growth: 25.67% CAGR Over 7 Years

India's exports under HSN Code 84281011 have grown at a compound annual rate of 25.67% over 7 fiscal years, rising from ₹35.71 Crore in FY 2018-19 to ₹140.63 Crore in FY 2024-25.

HSN Code 84281011 Ranked #2238 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84281011 ranks #2238 out of 12657 HSN codes by total export value. Within Sub-Chapter 8428, it ranks #6 of 19. By trade surplus, it ranks #11770 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 84281011 Exports

The strongest single-year export movement for HSN Code 84281011 was recorded in FY 2023-24, when exports surged by 55.92% over the prior year.

India Records a Trade Deficit of ₹407.27 Crore in HSN Code 84281011 Goods

In FY 2024-25, India's imports of ₹547.90 Cr exceeded exports of ₹140.63 Cr, resulting in a trade deficit of ₹407.27 Crore — ranking #11770 of 12657 by surplus magnitude.

Import Growth of −0.30% CAGR Signals Stable Import Dependency for Lifts: Buildings

India's imports under HSN Code 84281011 have grown at −0.30% CAGR, reaching ₹547.90 Crore in FY 2024-25.

HSN Code 84281011 Contributes 6.19% of Sub-Chapter 8428 Exports — Ranked #6

Among the 19 HSN codes under Sub-Chapter 8428, HSN Code 84281011 ranks #6 by export value — accounting for 6.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.72% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84281011 and GST compliance.

What products are classified under HSN 84281011 ?

It includes Pneumatic elevators

How much GST applies to Lifts: Buildings?

Under HSN 84281011, Lifts: Buildings attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Lifts: Buildings?

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 Lifts: Buildings?

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.

How should mixed supplies be billed when Lifts: Buildings is sold with other items?

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

Can we claim ITC on inputs used to trade Lifts: Buildings?

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

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.