HSN Code 84282020: Pneumatic elevators

HSN Code 84282020 represents Pneumatic elevators under GST classification. This code helps businesses identify Pneumatic elevators correctly for billing, taxation, and trade. With HSN Code 84282020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Pneumatic elevators.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 84282020

HSN Code 84282020 relates to the following description.

Description of Goods

Pneumatic elevators and conveyors: Pneumatic elevators

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 84282020 not include?

Pneumatic elevators 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 84282020 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

₹77 Cr

−34.92% vs FY 2023-24

0.0021% of India’s total exports

India’s Imports

FY 2024-25

₹90 Cr

−49.66% vs FY 2023-24

0.0015% of India’s total imports

Trade Balance

FY 2024-25

−₹13 Cr

Trade Deficit

Surplus rank #9258 of 12657 HSN codes

% of Sub-Chapter 8428

FY 2024-25

3.38%

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

#8 of 19

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

Import-side rank: #11 of 19

At a glance

19.59%

Export CAGR

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

#3021

National Export Rank

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

+458.73%

Peak Growth Year

FY 2023-24 · strongest single-year move

3.38%

Contribution to Sub-Ch. 8428

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

India Export-Import Trade Statistics for HSN Code 84282020

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 #3743

Balance

−28.05

Exports

26.26 ₹ Cr

0.0011% share

YoY

2.01% of Sub-Ch. 8428

Imports

54.31 ₹ Cr

0.0015% share

YoY

1.25% of Sub-Ch. 8428

FY 2019-20 Exp. Rank #4384

Balance

−17.87

Exports

16.46 ₹ Cr

0.0007% share

−37.32% YoY

1.35% of Sub-Ch. 8428

Imports

34.33 ₹ Cr

0.0010% share

−36.79% YoY

0.82% of Sub-Ch. 8428

FY 2020-21 Exp. Rank #4381

Balance

−110.73

Exports

17.43 ₹ Cr

0.0008% share

+5.89% YoY

1.74% of Sub-Ch. 8428

Imports

128.16 ₹ Cr

0.0044% share

+273.32% YoY

4.23% of Sub-Ch. 8428

FY 2021-22 Exp. Rank #4338

Balance

−42.65

Exports

24.23 ₹ Cr

0.0008% share

+39.01% YoY

1.62% of Sub-Ch. 8428

Imports

66.88 ₹ Cr

0.0015% share

−47.82% YoY

2.28% of Sub-Ch. 8428

FY 2022-23 Exp. Rank #4605

Balance

−47.36

Exports

21.13 ₹ Cr

0.0006% share

−12.79% YoY

0.96% of Sub-Ch. 8428

Imports

68.49 ₹ Cr

0.0012% share

+2.41% YoY

1.68% of Sub-Ch. 8428

FY 2023-24 Exp. Rank #2371

Balance

−60.34

Exports

118.06 ₹ Cr

0.0033% share

+458.73% YoY

5.24% of Sub-Ch. 8428

Imports

178.40 ₹ Cr

0.0032% share

+160.48% YoY

2.97% of Sub-Ch. 8428

FY 2024-25 Exp. Rank #3021

Balance

−12.98

Exports

76.83 ₹ Cr

0.0021% share

−34.92% YoY

3.38% of Sub-Ch. 8428

Imports

89.81 ₹ Cr

0.0015% share

−49.66% YoY

0.94% of Sub-Ch. 8428

CAGR · 7-Year

Exports

19.59% /yr

Imports

8.74% /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 84282020 Export-Import Analysis

Consistent Export Growth: 19.59% CAGR Over 7 Years

India's exports under HSN Code 84282020 have grown at a compound annual rate of 19.59% over 7 fiscal years, rising from ₹26.26 Crore in FY 2018-19 to ₹76.83 Crore in FY 2024-25.

HSN Code 84282020 Ranked #3021 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84282020 ranks #3021 out of 12657 HSN codes by total export value. Within Sub-Chapter 8428, it ranks #8 of 19. By trade surplus, it ranks #9258 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 84282020 Exports

The strongest single-year export movement for HSN Code 84282020 was recorded in FY 2023-24, when exports surged by 458.73% over the prior year.

India Records a Trade Deficit of ₹12.98 Crore in HSN Code 84282020 Goods

In FY 2024-25, India's imports of ₹89.81 Cr exceeded exports of ₹76.83 Cr, resulting in a trade deficit of ₹12.98 Crore — ranking #9258 of 12657 by surplus magnitude.

Import Growth of 8.74% CAGR Signals Stable Import Dependency for Pneumatic elevators

India's imports under HSN Code 84282020 have grown at 8.74% CAGR, reaching ₹89.81 Crore in FY 2024-25.

HSN Code 84282020 Contributes 3.38% of Sub-Chapter 8428 Exports — Ranked #8

Among the 19 HSN codes under Sub-Chapter 8428, HSN Code 84282020 ranks #8 by export value — accounting for 3.38% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.94% share (rank #11).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 84282020 and GST compliance.

What products are classified under HSN 84282020 ?

It includes Escalators and moving walkways

How much GST applies to Pneumatic elevators?

Under HSN 84282020, Pneumatic elevators attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Pneumatic elevators?

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 Pneumatic elevators is sold with other items?

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

Does packaging or labelling change the GST for Pneumatic elevators?

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.

Any common misclassification issue with Pneumatic elevators?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.