HSN Code 84295900 represents Excavators and shovel loaders under GST classification. This code helps businesses identify Excavators and shovel loaders correctly for billing, taxation, and trade. With HSN Code 84295900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Excavators and shovel loaders.
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HSN Code 84295900 relates to the following description.
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
Self-propelled bulldozers, angledozers, graders, levellers, scrapers, mechanical shovels, excavators, shovel loaders, tamping machines and road rollers
Mechanical shovels, excavators and shovel loaders : Other
9%
9%
18%
0%
Description of Goods
Mechanical shovels, excavators and shovel loaders : Other
Chapter
84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
Sub Chapter
8429 - Self-propelled bulldozers, angledozers, graders, levellers, scrapers, mechanical shovels, excavators, shovel loaders, tamping machines and road rollers
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Excavators and shovel loaders does not include products with the following descriptions.
Bulldozers and angledozers : Track laying : Angledozers
Bulldozers and angledozers : Track laying : Bulldozers
Bulldozers and angledozers : Other : Angledozers
Bulldozers and angledozers : Other : Bulldozers
Graders and levellers
Scrappers
Tamping machines and road rollers : Road rollers upto 5 tons capacity
Tamping machines and road rollers : Road rollers above 5 tons capacity
Tamping machines and road rollers : Tamping machines
Mechanical shovels, excavators and shovel loaders : Front-end shovel loaders
Mechanical shovels, excavators and shovel loaders : Machinery with a 360 degrees revolving superstructure
Bulldozers and angledozers : Track laying : Angledozers
Bulldozers and angledozers : Track laying : Bulldozers
Bulldozers and angledozers : Other : Angledozers
Bulldozers and angledozers : Other : Bulldozers
Graders and levellers
Scrappers
Tamping machines and road rollers : Road rollers upto 5 tons capacity
Tamping machines and road rollers : Road rollers above 5 tons capacity
Tamping machines and road rollers : Tamping machines
Mechanical shovels, excavators and shovel loaders : Front-end shovel loaders
Mechanical shovels, excavators and shovel loaders : Machinery with a 360 degrees revolving superstructure
India’s Exports
FY 2024-25₹3,814 Cr
0.1036% of India’s total exports
India’s Imports
FY 2024-25₹167 Cr
0.0027% of India’s total imports
Trade Balance
FY 2024-25₹3,647 Cr
Surplus rank #94 of 12657 HSN codes
% of Sub-Chapter 8429
FY 2024-2531.32%
Share of Sub-Chapter 8429’s total exports in FY 2024-25
Import side: 3.94% of Sub-Chapter 8429’s imports
Rank Within Sub-Chapter 8429
FY 2024-25#2 of 12
Position by export value among HSN codes in Sub-Chapter 8429
Import-side rank: #5 of 12
At a glance
16.51%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#133
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+92.27%
Peak Growth Year
FY 2021-22 · strongest single-year move
31.32%
Contribution to Sub-Ch. 8429
Share of Sub-Chapter 8429 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
+982.11
Exports
1,524.59 ₹ Cr
0.0667% share
— YoY
39.60% of Sub-Ch. 8429
Imports
542.48 ₹ Cr
0.0151% share
— YoY
18.75% of Sub-Ch. 8429
Balance
+1,057.55
Exports
1,338.58 ₹ Cr
0.0608% share
−12.20% YoY
45.20% of Sub-Ch. 8429
Imports
281.03 ₹ Cr
0.0084% share
−48.20% YoY
13.80% of Sub-Ch. 8429
Balance
+971.08
Exports
1,275.69 ₹ Cr
0.0593% share
−4.70% YoY
35.70% of Sub-Ch. 8429
Imports
304.61 ₹ Cr
0.0105% share
+8.39% YoY
9.60% of Sub-Ch. 8429
Balance
+2,153.40
Exports
2,452.73 ₹ Cr
0.0782% share
+92.27% YoY
37.21% of Sub-Ch. 8429
Imports
299.33 ₹ Cr
0.0065% share
−1.73% YoY
8.53% of Sub-Ch. 8429
Balance
+3,126.22
Exports
3,233.67 ₹ Cr
0.0893% share
+31.84% YoY
39.95% of Sub-Ch. 8429
Imports
107.45 ₹ Cr
0.0019% share
−64.10% YoY
2.29% of Sub-Ch. 8429
Balance
+3,155.89
Exports
3,367.97 ₹ Cr
0.0931% share
+4.15% YoY
33.04% of Sub-Ch. 8429
Imports
212.08 ₹ Cr
0.0038% share
+97.38% YoY
4.76% of Sub-Ch. 8429
Balance
+3,647.46
Exports
3,814.11 ₹ Cr
0.1036% share
+13.25% YoY
31.32% of Sub-Ch. 8429
Imports
166.65 ₹ Cr
0.0027% share
−21.42% YoY
3.94% of Sub-Ch. 8429
CAGR · 7-Year
Exports
16.51% /yr
Imports
−17.86% /yr
reference, FY 2024-25
Export
₹12,179.67 Cr
Import
₹4,226.42 Cr
Trade Balance
+7,953.25
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.
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.
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.
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.
India's imports under HSN Code 84295900 have grown at −17.86% CAGR, reaching ₹166.65 Crore in FY 2024-25.
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).
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 84295900 and GST compliance.
It includes Self-Propelled Tunneling Machinery
Under HSN 84295900, Excavators and shovel loaders 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 Excavators and shovel loaders; 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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.