HSN Code 84304110: Tube Well/Core Drilling Machinery (Self-Propelled)

HSN Code 84304110 represents Tube Well/Core Drilling Machinery (Self-Propelled) under GST classification. This code helps businesses identify Tube Well/Core Drilling Machinery (Self-Propelled) correctly for billing, taxation, and trade. With HSN Code 84304110, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Tube Well/Core Drilling Machinery (Self-Propelled).

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Description of Goods for HSN Code 84304110

HSN Code 84304110 relates to the following description.

Description of Goods

Other boring or sinking machinery: Self-propelled : Tube well drilling and core drilling 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 84304110 not include?

Tube Well/Core Drilling Machinery (Self-Propelled) 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 : Petroleum and gas well drilling machinery

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

India’s Trade Performance — HSN Code 84304110 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

₹374 Cr

+78.23% vs FY 2023-24

0.0102% of India’s total exports

India’s Imports

FY 2024-25

₹58 Cr

+10.67% vs FY 2023-24

0.0010% of India’s total imports

Trade Balance

FY 2024-25

₹316 Cr

Trade Surplus

Surplus rank #879 of 12657 HSN codes

% of Sub-Chapter 8430

FY 2024-25

19.16%

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

Import side: 1.96% of Sub-Chapter 8430’s imports

Rank Within Sub-Chapter 8430

FY 2024-25

#2 of 16

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

Import-side rank: #9 of 16

At a glance

15.79%

Export CAGR

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

#1244

National Export Rank

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

+78.23%

Peak Growth Year

FY 2024-25 · strongest single-year move

19.16%

Contribution to Sub-Ch. 8430

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

India Export-Import Trade Statistics for HSN Code 84304110

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 #1555

Balance

+135.29

Exports

155.17 ₹ Cr

0.0068% share

YoY

10.53% of Sub-Ch. 8430

Imports

19.88 ₹ Cr

0.0006% share

YoY

0.73% of Sub-Ch. 8430

FY 2019-20 Exp. Rank #1435

Balance

+160.55

Exports

175.85 ₹ Cr

0.0080% share

+13.33% YoY

20.58% of Sub-Ch. 8430

Imports

15.30 ₹ Cr

0.0005% share

−23.04% YoY

0.48% of Sub-Ch. 8430

FY 2020-21 Exp. Rank #1177

Balance

+232.29

Exports

248.53 ₹ Cr

0.0116% share

+41.33% YoY

25.51% of Sub-Ch. 8430

Imports

16.24 ₹ Cr

0.0006% share

+6.14% YoY

0.72% of Sub-Ch. 8430

FY 2021-22 Exp. Rank #1206

Balance

+279.90

Exports

330.80 ₹ Cr

0.0105% share

+33.10% YoY

27.59% of Sub-Ch. 8430

Imports

50.90 ₹ Cr

0.0011% share

+213.42% YoY

1.53% of Sub-Ch. 8430

FY 2022-23 Exp. Rank #1805

Balance

+120.00

Exports

186.96 ₹ Cr

0.0052% share

−43.48% YoY

17.52% of Sub-Ch. 8430

Imports

66.96 ₹ Cr

0.0012% share

+31.55% YoY

1.65% of Sub-Ch. 8430

FY 2023-24 Exp. Rank #1735

Balance

+157.59

Exports

209.87 ₹ Cr

0.0058% share

+12.25% YoY

6.58% of Sub-Ch. 8430

Imports

52.28 ₹ Cr

0.0009% share

−21.92% YoY

1.83% of Sub-Ch. 8430

FY 2024-25 Exp. Rank #1244

Balance

+316.19

Exports

374.05 ₹ Cr

0.0102% share

+78.23% YoY

19.16% of Sub-Ch. 8430

Imports

57.86 ₹ Cr

0.0010% share

+10.67% YoY

1.96% of Sub-Ch. 8430

CAGR · 7-Year

Exports

15.79% /yr

Imports

19.49% /yr

Consistently Surplus
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 84304110 Export-Import Analysis

Consistent Export Growth: 15.79% CAGR Over 7 Years

India's exports under HSN Code 84304110 have grown at a compound annual rate of 15.79% over 7 fiscal years, rising from ₹155.17 Crore in FY 2018-19 to ₹374.05 Crore in FY 2024-25.

HSN Code 84304110 Ranked #1244 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84304110 ranks #1244 out of 12657 HSN codes by total export value. Within Sub-Chapter 8430, it ranks #2 of 16. By trade surplus, it ranks #879 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 84304110 Exports

The strongest single-year export movement for HSN Code 84304110 was recorded in FY 2024-25, when exports surged by 78.23% over the prior year.

India Maintains a Trade Surplus of ₹316.19 Crore in HSN Code 84304110 Goods

In FY 2024-25, India's exports of ₹374.05 Cr exceeded imports of ₹57.86 Cr, resulting in a trade surplus of ₹316.19 Crore — ranking #879 of 12657 by surplus magnitude.

Import Growth of 19.49% CAGR Signals Rising Demand for Tube Well/Core Drilling Machinery (Self-Propelled)

India's imports under HSN Code 84304110 have grown at 19.49% CAGR, reaching ₹57.86 Crore in FY 2024-25.

HSN Code 84304110 Contributes 19.16% of Sub-Chapter 8430 Exports — Ranked #2

Among the 16 HSN codes under Sub-Chapter 8430, HSN Code 84304110 ranks #2 by export value — accounting for 19.16% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.96% share (rank #9).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84304110 and GST compliance.

What products are classified under HSN 84304110 ?

It includes Other Self-Propelled Mining Machinery

How much GST applies to Tube Well/Core Drilling Machinery (Self-Propelled)?

Under HSN 84304110, Tube Well/Core Drilling Machinery (Self-Propelled) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Tube Well/Core Drilling Machinery (Self-Propelled)?

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.

Can we claim ITC on inputs used to trade Tube Well/Core Drilling Machinery (Self-Propelled)?

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

Does packaging or labelling change the GST for Tube Well/Core Drilling Machinery (Self-Propelled)?

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.

How should mixed supplies be billed when Tube Well/Core Drilling Machinery (Self-Propelled) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tube Well/Core Drilling Machinery (Self-Propelled); Nil for exempt items if applicable).

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.