--- title: "HSN Code for Buckets, Shovels, Grabs & Grips: Machinery Parts of Heading 8426-8430 | HSN 84314100 GST Rate" description: "Find HSN and GST Rates for 84314100 related to Buckets, Shovels, Grabs & Grips: Machinery Parts of Heading 8426-8430 with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84314100/" --- # HSN Code 84314100: Buckets, Shovels, Grabs & Grips: Machinery Parts of Heading 8426-8430 - [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 8431: Machinery parts for headings 8425-8430](https://busy.in/hsn/sub-chapter-8431/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of machinery of heading 8426, 8429 or 8430 : Buckets, shovels, grabs and grips | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84314100 ? It includes Other Ship Derrick/Crane Parts (Heading 8426/29/30) ### How should mixed supplies be billed when Buckets, Shovels, Grabs & Grips: Machinery Parts of Heading 8426-8430 is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Buckets, Shovels, Grabs & Grips: Machinery Parts of Heading 8426-8430; Nil for exempt items if applicable). ### Any common misclassification issue with Buckets, Shovels, Grabs & Grips: Machinery Parts of Heading 8426-8430? 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 Buckets, Shovels, Grabs & Grips: Machinery Parts of Heading 8426-8430? 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 much GST applies to Buckets, Shovels, Grabs & Grips: Machinery Parts of Heading 8426-8430? Under HSN 84314100, Buckets, Shovels, Grabs & Grips: Machinery Parts of Heading 8426-8430 attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Buckets, Shovels, Grabs & Grips: Machinery Parts of Heading 8426-8430? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 84314100 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹556 Cr (+2.86% YoY) — 0.0151% of India's total exports - Imports: ₹142 Cr (+141.06% YoY) — 0.0023% of India's total imports - Trade balance: ₹414 Cr (Surplus); surplus rank #737 of 12657 HSN codes - Share of Sub-Chapter 8431: 4.77% of its exports; import side 0.94% - Rank within Sub-Chapter 8431: #5 of 16 by export value; import-side #11 ### Key metrics - Export CAGR: 17.85% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #912 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +81.28% in FY 2021-22 - Contribution to Sub-Ch. 8431: 4.77% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84314100 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. 8431 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8431 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 207.56 | 0.0091% | — | 3.90% | 87.36 | 0.0024% | — | 0.83% | +120.20 | #1281 | | FY 2019-20 | 212.81 | 0.0097% | +2.53% | 3.93% | 71.49 | 0.0021% | −18.17% | 0.86% | +141.32 | #1264 | | FY 2020-21 | 279.35 | 0.0130% | +31.27% | 6.21% | 54.70 | 0.0019% | −23.49% | 0.63% | +224.65 | #1073 | | FY 2021-22 | 506.41 | 0.0161% | +81.28% | 6.52% | 69.01 | 0.0015% | +26.16% | 0.60% | +437.40 | #855 | | FY 2022-23 | 669.73 | 0.0185% | +32.25% | 6.73% | 55.59 | 0.0010% | −19.45% | 0.45% | +614.14 | #722 | | FY 2023-24 | 540.68 | 0.0149% | −19.27% | 4.78% | 58.87 | 0.0010% | +5.90% | 0.42% | +481.81 | #891 | | FY 2024-25 | 556.17 | 0.0151% | +2.86% | 4.77% | 141.91 | 0.0023% | +141.06% | 0.94% | +414.26 | #912 | - CAGR (7-year): exports 17.85%/yr, imports 8.42%/yr (consistently Surplus) ## Key trade insights: HSN Code 84314100 export-import analysis ### Consistent export growth: 17.85% CAGR over 7 years India's exports under HSN Code 84314100 have grown at a compound annual rate of 17.85% over 7 fiscal years, rising from ₹207.56 Crore in FY 2018-19 to ₹556.17 Crore in FY 2024-25. ### HSN Code 84314100 ranked #912 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84314100 ranks #912 out of 12657 HSN codes by total export value. Within Sub-Chapter 8431, it ranks #5 of 16. By trade surplus, it ranks #737 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 84314100 exports The strongest single-year export movement for HSN Code 84314100 was recorded in FY 2021-22, when exports surged by 81.28% over the prior year. ### India maintains a trade surplus of ₹414.26 Crore in HSN Code 84314100 goods In FY 2024-25, India's exports of ₹556.17 Cr exceeded imports of ₹141.91 Cr, resulting in a trade surplus of ₹414.26 Crore — ranking #737 of 12657 by surplus magnitude. ### Import growth of 8.42% CAGR signals stable import dependency for Buckets, Shovels, Grabs & Grips: Machinery Parts of Heading 8426-8430 India's imports under HSN Code 84314100 have grown at 8.42% CAGR, reaching ₹141.91 Crore in FY 2024-25. ### HSN Code 84314100 contributes 4.77% of Sub-Chapter 8431 exports — ranked #5 Among the 16 HSN codes under Sub-Chapter 8431, HSN Code 84314100 ranks #5 by export value — accounting for 4.77% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.94% share (rank #11). ## Related HSN Codes in Sub-Chapter 8431 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84314990: Parts of machinery](https://busy.in/hsn/hsn-84314990/) | ₹3,233 Cr | | #2 | [HSN Code 84314930: Earth/Mineral/Ore Excavating Machinery Parts](https://busy.in/hsn/hsn-84314930/) | ₹2,677 Cr | | #3 | [HSN Code 84314390: Other Boring/Sinking Machinery Parts](https://busy.in/hsn/hsn-84314390/) | ₹1,657 Cr | | #4 | [HSN Code 84313990: Of machinery of heading 8428: Other : Other](https://busy.in/hsn/hsn-84313990/) | ₹877 Cr | | #5 | HSN Code 84314100: Buckets, Shovels, Grabs & Grips: Machinery Parts of Heading 8426-8430 (this hsn code) | ₹556 Cr | | #6 | [HSN Code 84312090: Of Machinery Of Heading 8427 \| Other](https://busy.in/hsn/hsn-84312090/) | ₹555 Cr | | #7 | [HSN Code 84313910: Other Elevator/Conveyor/Moving Equipment Parts (Heading 8428)](https://busy.in/hsn/hsn-84313910/) | ₹543 Cr | | #8 | [HSN Code 84314310: Parts of Self-Propelled Boring/Sinking Machinery](https://busy.in/hsn/hsn-84314310/) | ₹459 Cr | | #9 | [HSN Code 84312010: Fork lift truck parts](https://busy.in/hsn/hsn-84312010/) | ₹357 Cr | | #10 | [HSN Code 84313100: Lifts, skip hoists, escalators](https://busy.in/hsn/hsn-84313100/) | ₹295 Cr |