--- title: "HSN Code for Self-Propelled Tunneling Machinery | HSN 84303120 GST Rate" description: "Find HSN and GST Rates for 84303120 related to Self-Propelled Tunneling Machinery with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84303120/" --- # HSN Code 84303120: Self-Propelled Tunneling Machinery - [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 8430: Earth boring machinery](https://busy.in/hsn/sub-chapter-8430/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Coal or rock cutters and tunneling machinery: Self-propelled: Tunneling machinery | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84303120 ? It includes Self-Propelled Rock Drilling Machinery ### Can we claim ITC on inputs used to trade Self-Propelled Tunneling Machinery? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Self-Propelled Tunneling Machinery? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Self-Propelled Tunneling Machinery? Under HSN 84303120, Self-Propelled Tunneling Machinery attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Self-Propelled Tunneling Machinery is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Self-Propelled Tunneling Machinery; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Self-Propelled Tunneling Machinery? 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 84303120 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹9 Cr (+4,361.90% YoY) — 0.0003% of India's total exports - Imports: ₹175 Cr (+14.68% YoY) — 0.0029% of India's total imports - Trade balance: −₹166 Cr (Deficit); surplus rank #11182 of 12657 HSN codes - Share of Sub-Chapter 8430: 0.48% of its exports; import side 5.94% - Rank within Sub-Chapter 8430: #11 of 16 by export value; import-side #6 ### Key metrics - Export CAGR: 13.69% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5852 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +4,361.90% in FY 2024-25 - Contribution to Sub-Ch. 8430: 0.48% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84303120 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. 8430 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8430 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 4.34 | 0.0002% | — | 0.29% | 229.58 | 0.0064% | — | 8.47% | −225.24 | #6042 | | FY 2019-20 | 4.02 | 0.0002% | −7.37% | 0.47% | 413.71 | 0.0124% | +80.20% | 13.08% | −409.69 | #6116 | | FY 2020-21 | 4.97 | 0.0002% | +23.63% | 0.51% | 439.94 | 0.0151% | +6.34% | 19.53% | −434.97 | #5950 | | FY 2021-22 | 10.53 | 0.0003% | +111.87% | 0.88% | 432.43 | 0.0095% | −1.71% | 12.96% | −421.90 | #5417 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −95.92% | 0.04% | 1,019.61 | 0.0177% | +135.79% | 25.17% | −1,019.18 | #8799 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −51.16% | 0.01% | 152.89 | 0.0027% | −85.01% | 5.36% | −152.68 | #9406 | | FY 2024-25 | 9.37 | 0.0003% | +4,361.90% | 0.48% | 175.34 | 0.0029% | +14.68% | 5.94% | −165.97 | #5852 | - CAGR (7-year): exports 13.69%/yr, imports -4.39%/yr (consistently Deficit) ## Key trade insights: HSN Code 84303120 export-import analysis ### Consistent export growth: 13.69% CAGR over 7 years India's exports under HSN Code 84303120 have grown at a compound annual rate of 13.69% over 7 fiscal years, rising from ₹4.34 Crore in FY 2018-19 to ₹9.37 Crore in FY 2024-25. ### HSN Code 84303120 ranked #5852 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84303120 ranks #5852 out of 12657 HSN codes by total export value. Within Sub-Chapter 8430, it ranks #11 of 16. By trade surplus, it ranks #11182 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 84303120 exports The strongest single-year export movement for HSN Code 84303120 was recorded in FY 2024-25, when exports surged by 4,361.90% over the prior year. ### India records a trade deficit of ₹165.97 Crore in HSN Code 84303120 goods In FY 2024-25, India's imports of ₹175.34 Cr exceeded exports of ₹9.37 Cr, resulting in a trade deficit of ₹165.97 Crore — ranking #11182 of 12657 by surplus magnitude. ### Import growth of -4.39% CAGR signals stable import dependency for Self-Propelled Tunneling Machinery India's imports under HSN Code 84303120 have grown at -4.39% CAGR, reaching ₹175.34 Crore in FY 2024-25. ### HSN Code 84303120 contributes 0.48% of Sub-Chapter 8430 exports — ranked #11 Among the 16 HSN codes under Sub-Chapter 8430, HSN Code 84303120 ranks #11 by export value — accounting for 0.48% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.94% share (rank #6). ## Related HSN Codes in Sub-Chapter 8430 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84304900: Other \|Other \|Dichloro Diphenyl Sulphone](https://busy.in/hsn/hsn-84304900/) | ₹671 Cr | | #2 | [HSN Code 84304110: Tube Well/Core Drilling Machinery (Self-Propelled)](https://busy.in/hsn/hsn-84304110/) | ₹374 Cr | | #3 | [HSN Code 84304130: Self-Propelled Rock Drilling Machinery](https://busy.in/hsn/hsn-84304130/) | ₹241 Cr | | #4 | [HSN Code 84305090: Other Machinery, Self-Propelled \| Other](https://busy.in/hsn/hsn-84305090/) | ₹233 Cr | | #5 | [HSN Code 84301010: Pile-drivers and pile-extractors : Pile-drivers](https://busy.in/hsn/hsn-84301010/) | ₹99 Cr | | #6 | [HSN Code 84304120: Petroleum/Gas Well Drilling Machinery (Self-Propelled)](https://busy.in/hsn/hsn-84304120/) | ₹99 Cr | | #7 | [HSN Code 84303190: Tunneling machinery](https://busy.in/hsn/hsn-84303190/) | ₹63 Cr | | #8 | [HSN Code 84304190: Self-propelled boring machinery](https://busy.in/hsn/hsn-84304190/) | ₹60 Cr | | #9 | [HSN Code 84305010: Other Self-Propelled Mining Machinery](https://busy.in/hsn/hsn-84305010/) | ₹32 Cr | | #10 | [HSN Code 84303900: Coal or rock cutters, other](https://busy.in/hsn/hsn-84303900/) | ₹25 Cr | | #11 | HSN Code 84303120: Self-Propelled Tunneling Machinery (this hsn code) | ₹9 Cr |