---
title: "HSN Code for Excavators and shovel loaders | HSN 84295900 GST Rate"
description: "Find HSN and GST Rates for 84295900 related to Excavators and shovel loaders with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84295900/"
---

# HSN Code 84295900: Excavators and shovel loaders

- [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 : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84295900 ?

It includes Self-Propelled Tunneling Machinery

### How much GST applies to Excavators and shovel loaders?

Under HSN 84295900, Excavators and shovel loaders attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Excavators and shovel loaders is sold with other items?

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

### Any common misclassification issue with Excavators and shovel loaders?

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 Excavators and shovel loaders?

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

### Do e‑way bill and e‑invoice apply for Excavators and shovel loaders?

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.

## India's trade performance: HSN Code 84295900 (FY 2024-25)

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

- Exports: ₹3,814 Cr (+13.25% YoY) — 0.1036% of India's total exports
- Imports: ₹167 Cr (−21.42% YoY) — 0.0027% of India's total imports
- Trade balance: ₹3,647 Cr (Surplus); surplus rank #94 of 12657 HSN codes
- Share of Sub-Chapter 8429: 31.32% of its exports; import side 3.94%
- Rank within Sub-Chapter 8429: #2 of 12 by export value; import-side #5

### Key metrics

- Export CAGR: 16.51% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #133 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +92.27% in FY 2021-22
- Contribution to Sub-Ch. 8429: 31.32% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84295900

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 | 1,524.59 | 0.0667% | — | 39.60% | 542.48 | 0.0151% | — | 18.75% | +982.11 | #212 |
| FY 2019-20 | 1,338.58 | 0.0608% | −12.20% | 45.20% | 281.03 | 0.0084% | −48.20% | 13.80% | +1,057.55 | #243 |
| FY 2020-21 | 1,275.69 | 0.0593% | −4.70% | 35.70% | 304.61 | 0.0105% | +8.39% | 9.60% | +971.08 | #274 |
| FY 2021-22 | 2,452.73 | 0.0782% | +92.27% | 37.21% | 299.33 | 0.0065% | −1.73% | 8.53% | +2,153.40 | #194 |
| FY 2022-23 | 3,233.67 | 0.0893% | +31.84% | 39.95% | 107.45 | 0.0019% | −64.10% | 2.29% | +3,126.22 | #148 |
| FY 2023-24 | 3,367.97 | 0.0931% | +4.15% | 33.04% | 212.08 | 0.0038% | +97.38% | 4.76% | +3,155.89 | #148 |
| FY 2024-25 | 3,814.11 | 0.1036% | +13.25% | 31.32% | 166.65 | 0.0027% | −21.42% | 3.94% | +3,647.46 | #133 |

- CAGR (7-year): exports 16.51%/yr, imports -17.86%/yr (consistently Surplus)

## Key trade insights: HSN Code 84295900 export-import analysis

### Consistent export growth: 16.51% CAGR over 7 years

India's exports under HSN Code 84295900 have grown at a compound annual rate of 16.51% over 7 fiscal years, rising from ₹1,524.59 Crore in FY 2018-19 to ₹3,814.11 Crore in FY 2024-25.

### HSN Code 84295900 ranked #133 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84295900 ranks #133 out of 12657 HSN codes by total export value. Within Sub-Chapter 8429, it ranks #2 of 12. By trade surplus, it ranks #94 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 84295900 exports

The strongest single-year export movement for HSN Code 84295900 was recorded in FY 2021-22, when exports surged by 92.27% over the prior year.

### India maintains a trade surplus of ₹3,647.46 Crore in HSN Code 84295900 goods

In FY 2024-25, India's exports of ₹3,814.11 Cr exceeded imports of ₹166.65 Cr, resulting in a trade surplus of ₹3,647.46 Crore — ranking #94 of 12657 by surplus magnitude.

### Import growth of -17.86% CAGR signals stable import dependency for Excavators and shovel loaders

India's imports under HSN Code 84295900 have grown at -17.86% CAGR, reaching ₹166.65 Crore in FY 2024-25.

### HSN Code 84295900 contributes 31.32% of Sub-Chapter 8429 exports — ranked #2

Among the 12 HSN codes under Sub-Chapter 8429, HSN Code 84295900 ranks #2 by export value — accounting for 31.32% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.94% share (rank #5).

## 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](https://busy.in/hsn/hsn-84295200/) | ₹5,122 Cr |
| #2 | HSN Code 84295900: Excavators and shovel loaders (this hsn code) | ₹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 |