HSN Code 84281020 represents Lifts And Skip Hoists| Skip Hoists under GST classification. This code helps businesses identify Lifts And Skip Hoists| 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 Lifts And Skip Hoists| Skip Hoists.
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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%
Lifts And Skip Hoists| Skip Hoists does not include products with the following descriptions.
Lifts and skip hoists: Lifts : Lifts of a kind used in buildings
Lifts and skip hoists: Lifts : Other
Pneumatic elevators and conveyors: Conveyors : Belt conveyors
Pneumatic elevators and conveyors: Conveyors : Other
Pneumatic elevators and conveyors: Pneumatic elevators
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
Escalators and moving walkways
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
Teleferics, chair-lifts, ski-raglines, traction mechanisms for funiculars
Industrial robots
Other machinery : For coal handling
Other machinery : For ash handling
Other machinery : Other
Lifts and skip hoists: Lifts : Lifts of a kind used in buildings
Lifts and skip hoists: Lifts : Other
Pneumatic elevators and conveyors: Conveyors : Belt conveyors
Pneumatic elevators and conveyors: Conveyors : Other
Pneumatic elevators and conveyors: Pneumatic elevators
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
Escalators and moving walkways
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
Teleferics, chair-lifts, ski-raglines, traction mechanisms for funiculars
Industrial robots
Other machinery : For coal handling
Other machinery : For ash handling
Other machinery : Other
India’s Exports
FY 2024-25₹5 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹90 Cr
0.0015% of India’s total imports
Trade Balance
FY 2024-25−₹85 Cr
Surplus rank #10673 of 12657 HSN codes
% of Sub-Chapter 8428
FY 2024-250.22%
Share of Sub-Chapter 8428’s total exports in FY 2024-25
Import side: 0.94% of Sub-Chapter 8428’s imports
Rank Within Sub-Chapter 8428
FY 2024-25#14 of 19
Position by export value among HSN codes in Sub-Chapter 8428
Import-side rank: #10 of 19
At a glance
−1.53%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6598
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+261.43%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.22%
Contribution to Sub-Ch. 8428
Share of Sub-Chapter 8428 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
−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
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
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
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
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
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
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
CAGR · 7-Year
Exports
−1.53% /yr
Imports
30.91% /yr
reference, FY 2024-25
Export
₹2,270.13 Cr
Import
₹9,571.67 Cr
Trade Balance
−7,301.54
India's exports under HSN Code 84281020 have declined at a compound annual rate of −1.53% over 7 fiscal years, falling from ₹5.55 Crore in FY 2018-19 to ₹5.06 Crore in FY 2024-25.
In FY 2024-25, HSN Code 84281020 ranks #6598 out of 12657 HSN codes by total export value. Within Sub-Chapter 8428, it ranks #14 of 19. By trade surplus, it ranks #10673 of 12657.
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.
In FY 2024-25, India's imports of ₹90.05 Cr exceeded exports of ₹5.06 Cr, resulting in a trade deficit of ₹84.99 Crore — ranking #10673 of 12657 by surplus magnitude.
India's imports under HSN Code 84281020 have grown at 30.91% CAGR, reaching ₹90.05 Crore in FY 2024-25.
Among the 19 HSN codes under Sub-Chapter 8428, HSN Code 84281020 ranks #14 by export value — accounting for 0.22% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.94% share (rank #10).
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 84281020 and GST compliance.
It includes Other Bucket Type Elevators/Conveyors
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 84281020, Lifts And Skip Hoists/ Skip Hoists attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.