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HSN Code 84281020: Skip Hoists

HSN Code 84281020 represents Skip Hoists under GST classification. This code helps businesses identify Skip Hoists correctly for billing, taxation, and trade. With HSN Code 84281020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Skip Hoists.

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Description of Goods for HSN Code 84281020

HSN Code 84281020 relates to the following description.

Description of Goods

Lifts and skip hoists: Skip hoists

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 84281020 not include?

Skip Hoists 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

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India’s Trade Performance — HSN Code 84281020 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹17 Cr

+235.97% vs FY 2024-25

0.0004% of India’s total exports

India’s Imports

FY 2025-26

₹73 Cr

−18.42% vs FY 2024-25

0.0011% of India’s total imports

Trade Balance

FY 2025-26

−₹56 Cr

Trade Deficit

Surplus rank #10407 of 12872 HSN codes

% of Sub-Chapter 8428

FY 2025-26

0.53%

Share of Sub-Chapter 8428’s total exports in FY 2025-26

Import side: 0.74% of Sub-Chapter 8428’s imports

Rank Within Sub-Chapter 8428

FY 2025-26

#12 of 19

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

Import-side rank: #12 of 19

At a glance

17.34%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#5271

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+261.43%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.53%

Contribution to Sub-Ch. 8428

Share of Sub-Chapter 8428 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 84281020

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #5741

Balance

−12.34

Exports

5.55 ₹ Cr

0.0002% share

— YoY

0.43% of Sub-Ch. 8428

Imports

17.89 ₹ Cr

0.0005% share

— YoY

0.41% of Sub-Ch. 8428

FY 2019-20 Exp. Rank #5925

Balance

−14.13

Exports

4.74 ₹ Cr

0.0002% share

−14.59% YoY

0.39% of Sub-Ch. 8428

Imports

18.87 ₹ Cr

0.0006% share

+5.48% YoY

0.45% of Sub-Ch. 8428

FY 2020-21 Exp. Rank #6696

Balance

−27.99

Exports

2.60 ₹ Cr

0.0001% share

−45.15% YoY

0.26% of Sub-Ch. 8428

Imports

30.59 ₹ Cr

0.0010% share

+62.11% YoY

1.01% of Sub-Ch. 8428

FY 2021-22 Exp. Rank #6945

Balance

−33.92

Exports

2.85 ₹ Cr

0.0001% share

+9.62% YoY

0.19% of Sub-Ch. 8428

Imports

36.77 ₹ Cr

0.0008% share

+20.20% YoY

1.25% of Sub-Ch. 8428

FY 2022-23 Exp. Rank #7655

Balance

−52.79

Exports

1.62 ₹ Cr

0.0000% share

−43.16% YoY

0.07% of Sub-Ch. 8428

Imports

54.41 ₹ Cr

0.0009% share

+47.97% YoY

1.34% of Sub-Ch. 8428

FY 2023-24 Exp. Rank #7924

Balance

−88.47

Exports

1.40 ₹ Cr

0.0000% share

−13.58% YoY

0.06% of Sub-Ch. 8428

Imports

89.87 ₹ Cr

0.0016% share

+65.17% YoY

1.50% of Sub-Ch. 8428

FY 2024-25 Exp. Rank #6598

Balance

−84.99

Exports

5.06 ₹ Cr

0.0001% share

+261.43% YoY

0.22% of Sub-Ch. 8428

Imports

90.05 ₹ Cr

0.0015% share

+0.20% YoY

0.94% of Sub-Ch. 8428

FY 2025-26 Exp. Rank #5271

Balance

−56.46

Exports

17.00 ₹ Cr

0.0004% share

+235.97% YoY

0.53% of Sub-Ch. 8428

Imports

73.46 ₹ Cr

0.0011% share

−18.42% YoY

0.74% of Sub-Ch. 8428

CAGR · 8-Year

Exports

17.34% /yr

Imports

22.36% /yr

Consistently Deficit
Sub-Chapter 8428 total

reference, FY 2025-26

Export

₹3,226.64 Cr

Import

₹9,935.06 Cr

Trade Balance

−6,708.42

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

Key Trade Insights: HSN Code 84281020 Export-Import Analysis

Consistent Export Growth: 17.34% CAGR Over 8 Years

India's exports under HSN Code 84281020 have grown at a compound annual rate of 17.34% over 8 fiscal years, rising from ₹5.55 Crore in FY 2018-19 to ₹17.00 Crore in FY 2025-26.

HSN Code 84281020 Ranked #5271 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 84281020 ranks #5271 out of 12872 HSN codes by total export value. Within Sub-Chapter 8428, it ranks #12 of 19. By trade surplus, it ranks #10407 of 12872.

FY 2024-25 Was the Strongest Growth Year for HSN Code 84281020 Exports

The strongest single-year export movement for HSN Code 84281020 was recorded in FY 2024-25, when exports surged by 261.43% over the prior year.

India Records a Trade Deficit of ₹56.46 Crore in HSN Code 84281020 Goods

In FY 2025-26, India's imports of ₹73.46 Cr exceeded exports of ₹17.00 Cr, resulting in a trade deficit of ₹56.46 Crore — ranking #10407 of 12872 by surplus magnitude.

Import Growth of 22.36% CAGR Signals Rising Demand for Skip Hoists

India's imports under HSN Code 84281020 have grown at 22.36% CAGR, reaching ₹73.46 Crore in FY 2025-26.

HSN Code 84281020 Contributes 0.53% of Sub-Chapter 8428 Exports — Ranked #12

Among the 19 HSN codes under Sub-Chapter 8428, HSN Code 84281020 ranks #12 by export value — accounting for 0.53% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.74% share (rank #12).

Frequently Asked Questions

Clear answers to common queries about HSN Code 84281020 and GST compliance.

What products are classified under HSN 84281020 ?

It includes Other Bucket Type Elevators/Conveyors

Can we claim ITC on inputs used to trade Lifts And Skip Hoists/ Skip Hoists?

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

How much GST applies to Lifts And Skip Hoists/ Skip Hoists?

Under HSN 84281020, Lifts And Skip Hoists/ Skip Hoists attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Lifts And Skip Hoists/ Skip Hoists is sold with other items?

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

Any common misclassification issue with Lifts And Skip Hoists/ Skip Hoists?

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 Lifts And Skip Hoists/ Skip Hoists?

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 And Skip Hoists/ Skip Hoists?

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.

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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.