HSN Code 84304130: Self-Propelled Rock Drilling Machinery

HSN Code 84304130 represents Self-Propelled Rock Drilling Machinery under GST classification. This code helps businesses identify Self-Propelled Rock Drilling Machinery correctly for billing, taxation, and trade. With HSN Code 84304130, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Self-Propelled Rock Drilling Machinery.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 84304130

HSN Code 84304130 relates to the following description.

Description of Goods

Other boring or sinking machinery: Self-propelled : Rock 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 84304130 not include?

Self-Propelled Rock Drilling Machinery 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

India’s Trade Performance — HSN Code 84304130 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

₹241 Cr

−7.64% vs FY 2023-24

0.0065% of India’s total exports

India’s Imports

FY 2024-25

₹241 Cr

+89.76% vs FY 2023-24

0.0040% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5035 of 12657 HSN codes

% of Sub-Chapter 8430

FY 2024-25

12.34%

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

Import side: 8.15% of Sub-Chapter 8430’s imports

Rank Within Sub-Chapter 8430

FY 2024-25

#3 of 16

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

Import-side rank: #5 of 16

At a glance

12.83%

Export CAGR

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

#1655

National Export Rank

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

+97.50%

Peak Growth Year

FY 2020-21 · strongest single-year move

12.34%

Contribution to Sub-Ch. 8430

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

India Export-Import Trade Statistics for HSN Code 84304130

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 #1840

Balance

−163.94

Exports

116.79 ₹ Cr

0.0051% share

YoY

7.93% of Sub-Ch. 8430

Imports

280.73 ₹ Cr

0.0078% share

YoY

10.36% of Sub-Ch. 8430

FY 2019-20 Exp. Rank #2560

Balance

−198.86

Exports

63.99 ₹ Cr

0.0029% share

−45.21% YoY

7.49% of Sub-Ch. 8430

Imports

262.85 ₹ Cr

0.0079% share

−6.37% YoY

8.31% of Sub-Ch. 8430

FY 2020-21 Exp. Rank #1830

Balance

−91.81

Exports

126.38 ₹ Cr

0.0059% share

+97.50% YoY

12.97% of Sub-Ch. 8430

Imports

218.19 ₹ Cr

0.0075% share

−16.99% YoY

9.69% of Sub-Ch. 8430

FY 2021-22 Exp. Rank #1740

Balance

+59.80

Exports

182.05 ₹ Cr

0.0058% share

+44.05% YoY

15.18% of Sub-Ch. 8430

Imports

122.25 ₹ Cr

0.0027% share

−43.97% YoY

3.66% of Sub-Ch. 8430

FY 2022-23 Exp. Rank #1685

Balance

+68.99

Exports

209.60 ₹ Cr

0.0058% share

+15.13% YoY

19.65% of Sub-Ch. 8430

Imports

140.61 ₹ Cr

0.0024% share

+15.02% YoY

3.47% of Sub-Ch. 8430

FY 2023-24 Exp. Rank #1505

Balance

+134.02

Exports

260.86 ₹ Cr

0.0072% share

+24.46% YoY

8.18% of Sub-Ch. 8430

Imports

126.84 ₹ Cr

0.0023% share

−9.79% YoY

4.44% of Sub-Ch. 8430

FY 2024-25 Exp. Rank #1655

Balance

+0.24

Exports

240.93 ₹ Cr

0.0065% share

−7.64% YoY

12.34% of Sub-Ch. 8430

Imports

240.69 ₹ Cr

0.0040% share

+89.76% YoY

8.15% of Sub-Ch. 8430

CAGR · 7-Year

Exports

12.83% /yr

Imports

−2.53% /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 84304130 Export-Import Analysis

Consistent Export Growth: 12.83% CAGR Over 7 Years

India's exports under HSN Code 84304130 have grown at a compound annual rate of 12.83% over 7 fiscal years, rising from ₹116.79 Crore in FY 2018-19 to ₹240.93 Crore in FY 2024-25.

HSN Code 84304130 Ranked #1655 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84304130 ranks #1655 out of 12657 HSN codes by total export value. Within Sub-Chapter 8430, it ranks #3 of 16. By trade surplus, it ranks #5035 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 84304130 Exports

The strongest single-year export movement for HSN Code 84304130 was recorded in FY 2020-21, when exports surged by 97.50% over the prior year.

India Maintains a Trade Surplus of ₹0.24 Crore in HSN Code 84304130 Goods

In FY 2024-25, India's exports of ₹240.93 Cr exceeded imports of ₹240.69 Cr, resulting in a trade surplus of ₹0.24 Crore — ranking #5035 of 12657 by surplus magnitude.

Import Growth of −2.53% CAGR Signals Stable Import Dependency for Self-Propelled Rock Drilling Machinery

India's imports under HSN Code 84304130 have grown at −2.53% CAGR, reaching ₹240.69 Crore in FY 2024-25.

HSN Code 84304130 Contributes 12.34% of Sub-Chapter 8430 Exports — Ranked #3

Among the 16 HSN codes under Sub-Chapter 8430, HSN Code 84304130 ranks #3 by export value — accounting for 12.34% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 8.15% share (rank #5).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 84304130 and GST compliance.

What products are classified under HSN 84304130 ?

It includes Tamping/Compacting Machinery: Other

Any common misclassification issue with Self-Propelled Rock Drilling Machinery?

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

Does packaging or labelling change the GST for Self-Propelled Rock Drilling Machinery?

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 Self-Propelled Rock Drilling 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.

How much GST applies to Self-Propelled Rock Drilling Machinery?

Under HSN 84304130, Self-Propelled Rock Drilling Machinery attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Self-Propelled Rock Drilling 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 Rock Drilling Machinery; 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.