HSN Code 84301020: Pile-extractors

HSN Code 84301020 represents Pile-extractors under GST classification. This code helps businesses identify Pile-extractors correctly for billing, taxation, and trade. With HSN Code 84301020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Pile-extractors.

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Description of Goods for HSN Code 84301020

HSN Code 84301020 relates to the following description.

Description of Goods

Pile-drivers and pile-extractors : Pile-extractors

Chapter

84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

Sub Chapter

8430 - Other moving, grading, levelling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; pile-drivers and pile-extractors; snowploughs and snow-blowers

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84301020 not include?

Pile-extractors does not include products with the following descriptions.

Coal or rock cutters and tunneling machinery: Self-propelled: Tunneling machinery

Other boring or sinking machinery: Self-propelled : Tube well drilling and core drilling machinery

Other boring or sinking machinery: Self-propelled : Petroleum and gas well drilling machinery

Other boring or sinking machinery: Self-propelled : Rock drilling machinery

India’s Trade Performance — HSN Code 84301020 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

< ₹1 Crore

−13.64% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−74.06% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7694 of 12657 HSN codes

% of Sub-Chapter 8430

FY 2024-25

0.01%

Share of Sub-Chapter 8430’s total exports in FY 2024-25

Import side: 0.02% of Sub-Chapter 8430’s imports

Rank Within Sub-Chapter 8430

FY 2024-25

#15 of 16

Position by export value among HSN codes in Sub-Chapter 8430

Import-side rank: #15 of 16

At a glance

#9447

National Export Rank

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

+238.71%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.01%

Contribution to Sub-Ch. 8430

Share of Sub-Chapter 8430 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84301020

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

Balance

−2.17

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8430

Imports

2.17 ₹ Cr

0.0001% share

YoY

0.08% of Sub-Ch. 8430

FY 2019-20 Exp. Rank #9870

Balance

−0.61

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8430

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−71.43% YoY

0.02% of Sub-Ch. 8430

FY 2020-21

Balance

−6.91

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8430

Imports

6.91 ₹ Cr

0.0002% share

+1,014.52% YoY

0.31% of Sub-Ch. 8430

FY 2021-22 Exp. Rank #8922

Balance

+0.27

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.03% of Sub-Ch. 8430

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−99.42% YoY

0.00% of Sub-Ch. 8430

FY 2022-23 Exp. Rank #8063

Balance

+0.64

Exports

1.05 ₹ Cr

0.0000% share

+238.71% YoY

0.10% of Sub-Ch. 8430

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+925.00% YoY

0.01% of Sub-Ch. 8430

FY 2023-24 Exp. Rank #9379

Balance

−2.44

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−79.05% YoY

0.01% of Sub-Ch. 8430

Imports

2.66 ₹ Cr

0.0000% share

+548.78% YoY

0.09% of Sub-Ch. 8430

FY 2024-25 Exp. Rank #9447

Balance

−0.50

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−13.64% YoY

0.01% of Sub-Ch. 8430

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−74.06% YoY

0.02% of Sub-Ch. 8430

CAGR · 7-Year

Exports

Imports

−17.38% /yr

Consistently Deficit
Sub-Chapter 8430 total

reference, FY 2024-25

Export

₹1,952.31 Cr

Import

₹2,951.52 Cr

Trade Balance

−999.21

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 84301020 Export-Import Analysis

Export Snapshot for HSN Code 84301020

India exported ₹0.19 Crore worth of Pile-extractors in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 84301020 Ranked #9447 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84301020 ranks #9447 out of 12657 HSN codes by total export value. Within Sub-Chapter 8430, it ranks #15 of 16. By trade surplus, it ranks #7694 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 84301020 Exports

The strongest single-year export movement for HSN Code 84301020 was recorded in FY 2022-23, when exports surged by 238.71% over the prior year.

India Records a Trade Deficit of ₹0.50 Crore in HSN Code 84301020 Goods

In FY 2024-25, India's imports of ₹0.69 Cr exceeded exports of ₹0.19 Cr, resulting in a trade deficit of ₹0.50 Crore — ranking #7694 of 12657 by surplus magnitude.

Import Growth of −17.38% CAGR Signals Stable Import Dependency for Pile-extractors

India's imports under HSN Code 84301020 have grown at −17.38% CAGR, reaching ₹0.69 Crore in FY 2024-25.

HSN Code 84301020 Contributes 0.01% of Sub-Chapter 8430 Exports — Ranked #15

Among the 16 HSN codes under Sub-Chapter 8430, HSN Code 84301020 ranks #15 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #15).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84301020 and GST compliance.

What products are classified under HSN 84301020 ?

It includes Coal or rock cutters, other

How much GST applies to Pile-extractors?

Under HSN 84301020, Pile-extractors attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Pile-extractors?

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

How should mixed supplies be billed when Pile-extractors is sold with other items?

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

Does packaging or labelling change the GST for Pile-extractors?

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.

Do e‑way bill and e‑invoice apply for Pile-extractors?

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.

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.