HSN Code 84286000: Teleferics, Chair-Lifts & Traction Mechanisms for Funiculars

HSN Code 84286000 represents Teleferics, Chair-Lifts & Traction Mechanisms for Funiculars under GST classification. This code helps businesses identify Teleferics, Chair-Lifts & Traction Mechanisms for Funiculars correctly for billing, taxation, and trade. With HSN Code 84286000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Teleferics, Chair-Lifts & Traction Mechanisms for Funiculars.

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Description of Goods for HSN Code 84286000

HSN Code 84286000 relates to the following description.

Description of Goods

Teleferics, chair-lifts, ski-raglines, traction mechanisms for funiculars

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 84286000 not include?

Teleferics, Chair-Lifts & Traction Mechanisms for Funiculars 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 84286000 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

₹8 Cr

−57.04% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹220 Cr

+1,159.45% vs FY 2023-24

0.0036% of India’s total imports

Trade Balance

FY 2024-25

−₹212 Cr

Trade Deficit

Surplus rank #11352 of 12657 HSN codes

% of Sub-Chapter 8428

FY 2024-25

0.33%

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

Import side: 2.30% of Sub-Chapter 8428’s imports

Rank Within Sub-Chapter 8428

FY 2024-25

#13 of 19

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

Import-side rank: #8 of 19

At a glance

13.81%

Export CAGR

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

#6124

National Export Rank

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

+321.88%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.33%

Contribution to Sub-Ch. 8428

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

India Export-Import Trade Statistics for HSN Code 84286000

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 #6300

Balance

−6.21

Exports

3.47 ₹ Cr

0.0002% share

YoY

0.27% of Sub-Ch. 8428

Imports

9.68 ₹ Cr

0.0003% share

YoY

0.22% of Sub-Ch. 8428

FY 2019-20 Exp. Rank #6303

Balance

−2.78

Exports

3.42 ₹ Cr

0.0002% share

−1.44% YoY

0.28% of Sub-Ch. 8428

Imports

6.20 ₹ Cr

0.0002% share

−35.95% YoY

0.15% of Sub-Ch. 8428

FY 2020-21 Exp. Rank #7046

Balance

−2.90

Exports

1.89 ₹ Cr

0.0001% share

−44.74% YoY

0.19% of Sub-Ch. 8428

Imports

4.79 ₹ Cr

0.0002% share

−22.74% YoY

0.16% of Sub-Ch. 8428

FY 2021-22 Exp. Rank #6496

Balance

−1.72

Exports

4.48 ₹ Cr

0.0001% share

+137.04% YoY

0.30% of Sub-Ch. 8428

Imports

6.20 ₹ Cr

0.0001% share

+29.44% YoY

0.21% of Sub-Ch. 8428

FY 2022-23 Exp. Rank #4745

Balance

+3.75

Exports

18.90 ₹ Cr

0.0005% share

+321.88% YoY

0.86% of Sub-Ch. 8428

Imports

15.15 ₹ Cr

0.0003% share

+144.35% YoY

0.37% of Sub-Ch. 8428

FY 2023-24 Exp. Rank #4945

Balance

+0.09

Exports

17.55 ₹ Cr

0.0005% share

−7.14% YoY

0.78% of Sub-Ch. 8428

Imports

17.46 ₹ Cr

0.0003% share

+15.25% YoY

0.29% of Sub-Ch. 8428

FY 2024-25 Exp. Rank #6124

Balance

−212.36

Exports

7.54 ₹ Cr

0.0002% share

−57.04% YoY

0.33% of Sub-Ch. 8428

Imports

219.90 ₹ Cr

0.0036% share

+1,159.45% YoY

2.30% of Sub-Ch. 8428

CAGR · 7-Year

Exports

13.81% /yr

Imports

68.29% /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 84286000 Export-Import Analysis

Consistent Export Growth: 13.81% CAGR Over 7 Years

India's exports under HSN Code 84286000 have grown at a compound annual rate of 13.81% over 7 fiscal years, rising from ₹3.47 Crore in FY 2018-19 to ₹7.54 Crore in FY 2024-25.

HSN Code 84286000 Ranked #6124 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84286000 ranks #6124 out of 12657 HSN codes by total export value. Within Sub-Chapter 8428, it ranks #13 of 19. By trade surplus, it ranks #11352 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 84286000 Exports

The strongest single-year export movement for HSN Code 84286000 was recorded in FY 2022-23, when exports surged by 321.88% over the prior year.

India Records a Trade Deficit of ₹212.36 Crore in HSN Code 84286000 Goods

In FY 2024-25, India's imports of ₹219.90 Cr exceeded exports of ₹7.54 Cr, resulting in a trade deficit of ₹212.36 Crore — ranking #11352 of 12657 by surplus magnitude.

Import Growth of 68.29% CAGR Signals Rising Demand for Teleferics, Chair-Lifts & Traction Mechanisms for Funiculars

India's imports under HSN Code 84286000 have grown at 68.29% CAGR, reaching ₹219.90 Crore in FY 2024-25.

HSN Code 84286000 Contributes 0.33% of Sub-Chapter 8428 Exports — Ranked #13

Among the 19 HSN codes under Sub-Chapter 8428, HSN Code 84286000 ranks #13 by export value — accounting for 0.33% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.30% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84286000 and GST compliance.

What products are classified under HSN 84286000 ?

It includes Angledozers

Do e‑way bill and e‑invoice apply for Teleferics, Chair-Lifts & Traction Mechanisms for Funiculars?

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 Teleferics, Chair-Lifts & Traction Mechanisms for Funiculars?

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 much GST applies to Teleferics, Chair-Lifts & Traction Mechanisms for Funiculars?

Under HSN 84286000, Teleferics, Chair-Lifts & Traction Mechanisms for Funiculars attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Teleferics, Chair-Lifts & Traction Mechanisms for Funiculars is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Teleferics, Chair-Lifts & Traction Mechanisms for Funiculars; Nil for exempt items if applicable).

Any common misclassification issue with Teleferics, Chair-Lifts & Traction Mechanisms for Funiculars?

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.