HSN Code 84303120: Self-Propelled Tunneling Machinery

HSN Code 84303120 represents Self-Propelled Tunneling Machinery under GST classification. This code helps businesses identify Self-Propelled Tunneling Machinery correctly for billing, taxation, and trade. With HSN Code 84303120, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Self-Propelled Tunneling Machinery.

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Description of Goods for HSN Code 84303120

HSN Code 84303120 relates to the following description.

Description of Goods

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

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 84303120 not include?

Self-Propelled Tunneling Machinery does not include products with the following descriptions.

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 84303120 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

₹9 Cr

+4,361.90% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹175 Cr

+14.68% vs FY 2023-24

0.0029% of India’s total imports

Trade Balance

FY 2024-25

−₹166 Cr

Trade Deficit

Surplus rank #11182 of 12657 HSN codes

% of Sub-Chapter 8430

FY 2024-25

0.48%

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

Import side: 5.94% of Sub-Chapter 8430’s imports

Rank Within Sub-Chapter 8430

FY 2024-25

#11 of 16

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

Import-side rank: #6 of 16

At a glance

13.69%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#5852

National Export Rank

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

+4,361.90%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.48%

Contribution to Sub-Ch. 8430

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #6042

Balance

−225.24

Exports

4.34 ₹ Cr

0.0002% share

YoY

0.29% of Sub-Ch. 8430

Imports

229.58 ₹ Cr

0.0064% share

YoY

8.47% of Sub-Ch. 8430

FY 2019-20 Exp. Rank #6116

Balance

−409.69

Exports

4.02 ₹ Cr

0.0002% share

−7.37% YoY

0.47% of Sub-Ch. 8430

Imports

413.71 ₹ Cr

0.0124% share

+80.20% YoY

13.08% of Sub-Ch. 8430

FY 2020-21 Exp. Rank #5950

Balance

−434.97

Exports

4.97 ₹ Cr

0.0002% share

+23.63% YoY

0.51% of Sub-Ch. 8430

Imports

439.94 ₹ Cr

0.0151% share

+6.34% YoY

19.53% of Sub-Ch. 8430

FY 2021-22 Exp. Rank #5417

Balance

−421.90

Exports

10.53 ₹ Cr

0.0003% share

+111.87% YoY

0.88% of Sub-Ch. 8430

Imports

432.43 ₹ Cr

0.0095% share

−1.71% YoY

12.96% of Sub-Ch. 8430

FY 2022-23 Exp. Rank #8799

Balance

−1,019.18

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−95.92% YoY

0.04% of Sub-Ch. 8430

Imports

1,019.61 ₹ Cr

0.0177% share

+135.79% YoY

25.17% of Sub-Ch. 8430

FY 2023-24 Exp. Rank #9406

Balance

−152.68

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−51.16% YoY

0.01% of Sub-Ch. 8430

Imports

152.89 ₹ Cr

0.0027% share

−85.01% YoY

5.36% of Sub-Ch. 8430

FY 2024-25 Exp. Rank #5852

Balance

−165.97

Exports

9.37 ₹ Cr

0.0003% share

+4,361.90% YoY

0.48% of Sub-Ch. 8430

Imports

175.34 ₹ Cr

0.0029% share

+14.68% YoY

5.94% of Sub-Ch. 8430

CAGR · 7-Year

Exports

13.69% /yr

Imports

−4.39% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84303120 and GST compliance.

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.

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.