---
title: "HSN Code for Metal Forming Machines | HSN 84295200 GST Rate"
description: "Find HSN and GST Rates for 84295200 related to Metal Forming Machines with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84295200/"
---

# HSN Code 84295200: Metal Forming Machines

- [Section 16: Guide to HSN Section 16](https://busy.in/hsn/section-16/)
- [Chapter 84: Nuclear Reactors, Boilers & Machinery](https://busy.in/hsn/chapter-84/)
- [Sub-chapter 8429: Self-propelled bulldozers](https://busy.in/hsn/sub-chapter-8429/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Mechanical shovels, excavators and shovel loaders : Machinery with a 360 degrees revolving superstructure | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84295200 ?

It includes Self-Propelled Coal Cutters

### Any common misclassification issue with Metal Forming Machines?

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

### Can we claim ITC on inputs used to trade Metal Forming Machines?

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 Metal Forming Machines?

Under HSN 84295200, Metal Forming Machines attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Do e‑way bill and e‑invoice apply for Metal Forming Machines?

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 Metal Forming Machines?

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.

## India's trade performance: HSN Code 84295200 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹5,122 Cr (+36.24% YoY) — 0.1392% of India's total exports
- Imports: ₹1,855 Cr (−7.69% YoY) — 0.0305% of India's total imports
- Trade balance: ₹3,267 Cr (Surplus); surplus rank #103 of 12657 HSN codes
- Share of Sub-Chapter 8429: 42.05% of its exports; import side 43.89%
- Rank within Sub-Chapter 8429: #1 of 12 by export value; import-side #1

### Key metrics

- Export CAGR: 25.67% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #94 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +104.47% in FY 2021-22
- Contribution to Sub-Ch. 8429: 42.05% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84295200

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 8429 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8429 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 1,300.49 | 0.0569% | — | 33.78% | 705.03 | 0.0197% | — | 24.37% | +595.46 | #253 |
| FY 2019-20 | 805.16 | 0.0366% | −38.09% | 27.19% | 602.16 | 0.0180% | −14.59% | 29.57% | +203.00 | #415 |
| FY 2020-21 | 1,337.64 | 0.0622% | +66.13% | 37.44% | 1,093.00 | 0.0375% | +81.51% | 34.46% | +244.64 | #250 |
| FY 2021-22 | 2,735.13 | 0.0872% | +104.47% | 41.50% | 1,652.77 | 0.0362% | +51.21% | 47.09% | +1,082.36 | #169 |
| FY 2022-23 | 2,857.83 | 0.0789% | +4.49% | 35.31% | 2,464.74 | 0.0429% | +49.13% | 52.56% | +393.09 | #169 |
| FY 2023-24 | 3,759.33 | 0.1039% | +31.54% | 36.88% | 2,009.53 | 0.0358% | −18.47% | 45.10% | +1,749.80 | #129 |
| FY 2024-25 | 5,121.57 | 0.1392% | +36.24% | 42.05% | 1,854.96 | 0.0305% | −7.69% | 43.89% | +3,266.61 | #94 |

- CAGR (7-year): exports 25.67%/yr, imports 17.50%/yr (consistently Surplus)

## Key trade insights: HSN Code 84295200 export-import analysis

### Consistent export growth: 25.67% CAGR over 7 years

India's exports under HSN Code 84295200 have grown at a compound annual rate of 25.67% over 7 fiscal years, rising from ₹1,300.49 Crore in FY 2018-19 to ₹5,121.57 Crore in FY 2024-25.

### HSN Code 84295200 ranked #94 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84295200 ranks #94 out of 12657 HSN codes by total export value. Within Sub-Chapter 8429, it ranks #1 of 12. By trade surplus, it ranks #103 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 84295200 exports

The strongest single-year export movement for HSN Code 84295200 was recorded in FY 2021-22, when exports surged by 104.47% over the prior year.

### India maintains a trade surplus of ₹3,266.61 Crore in HSN Code 84295200 goods

In FY 2024-25, India's exports of ₹5,121.57 Cr exceeded imports of ₹1,854.96 Cr, resulting in a trade surplus of ₹3,266.61 Crore — ranking #103 of 12657 by surplus magnitude.

### Import growth of 17.50% CAGR signals rising demand for Metal Forming Machines

India's imports under HSN Code 84295200 have grown at 17.50% CAGR, reaching ₹1,854.96 Crore in FY 2024-25.

### HSN Code 84295200 contributes 42.05% of Sub-Chapter 8429 exports — ranked #1

Among the 12 HSN codes under Sub-Chapter 8429, HSN Code 84295200 ranks #1 by export value — accounting for 42.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 43.89% share (rank #1).

## Related HSN Codes in Sub-Chapter 8429

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 84295200: Metal Forming Machines (this hsn code) | ₹5,122 Cr |
| #2 | [HSN Code 84295900: Excavators and shovel loaders](https://busy.in/hsn/hsn-84295900/) | ₹3,814 Cr |
| #3 | [HSN Code 84295100: Front-End Mechanical Shovels, Excavators & Shovel Loaders](https://busy.in/hsn/hsn-84295100/) | ₹1,943 Cr |
| #4 | [HSN Code 84294020: Tamping machines and road rollers: Road rollers above 5 tons capacity](https://busy.in/hsn/hsn-84294020/) | ₹942 Cr |
| #5 | [HSN Code 84294010: Tamping machines and road rollers: Road rollers upto 5 tons capacity](https://busy.in/hsn/hsn-84294010/) | ₹163 Cr |
| #6 | [HSN Code 84292000: Graders & levellers](https://busy.in/hsn/hsn-84292000/) | ₹129 Cr |
| #7 | [HSN Code 84291120: Bulldozers: Track laying](https://busy.in/hsn/hsn-84291120/) | ₹27 Cr |
| #8 | [HSN Code 84291110: Angledozers](https://busy.in/hsn/hsn-84291110/) | ₹16 Cr |
| #9 | [HSN Code 84291920: Bulldozers and angledozers : Other : Bulldozers](https://busy.in/hsn/hsn-84291920/) | ₹12 Cr |
| #10 | [HSN Code 84294030: Tamping machines and road rollers](https://busy.in/hsn/hsn-84294030/) | ₹10 Cr |