---
title: "HSN Code for Other Boring/Sinking Machinery Parts | HSN 84314390 GST Rate"
description: "Find HSN and GST Rates for 84314390 related to Other Boring/Sinking Machinery Parts with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84314390/"
---

# HSN Code 84314390: Other Boring/Sinking Machinery Parts

- [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 : Parts of boring or sinking machinery of subheading 8430 41 or 8430 49 : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84314390 ?

It includes Parts of machinery

### Any common misclassification issue with Other Boring/Sinking Machinery Parts?

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 Other Boring/Sinking Machinery Parts?

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.

### Can we claim ITC on inputs used to trade Other Boring/Sinking Machinery Parts?

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

### Do e‑way bill and e‑invoice apply for Other Boring/Sinking Machinery Parts?

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 Other Boring/Sinking Machinery Parts?

Under HSN 84314390, Other Boring/Sinking Machinery Parts attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 84314390 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹1,657 Cr (+14.13% YoY) — 0.0450% of India's total exports
- Imports: ₹1,803 Cr (+12.31% YoY) — 0.0297% of India's total imports
- Trade balance: −₹145 Cr (Deficit); surplus rank #11078 of 12657 HSN codes
- Share of Sub-Chapter 8431: 14.23% of its exports; import side 11.88%
- Rank within Sub-Chapter 8431: #3 of 16 by export value; import-side #3

### Key metrics

- Export CAGR: 8.68% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #336 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +47.46% in FY 2021-22
- Contribution to Sub-Ch. 8431: 14.23% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84314390

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 | 1,005.82 | 0.0440% | — | 18.89% | 1,720.28 | 0.0480% | — | 16.28% | −714.46 | #331 |
| FY 2019-20 | 1,124.23 | 0.0511% | +11.77% | 20.76% | 1,704.98 | 0.0509% | −0.89% | 20.47% | −580.75 | #283 |
| FY 2020-21 | 586.29 | 0.0273% | −47.85% | 13.02% | 1,550.84 | 0.0532% | −9.04% | 17.97% | −964.55 | #592 |
| FY 2021-22 | 864.55 | 0.0275% | +47.46% | 11.13% | 1,432.07 | 0.0313% | −7.66% | 12.44% | −567.52 | #523 |
| FY 2022-23 | 1,193.85 | 0.0330% | +38.09% | 11.99% | 1,541.94 | 0.0268% | +7.67% | 12.45% | −348.09 | #421 |
| FY 2023-24 | 1,452.18 | 0.0401% | +21.64% | 12.85% | 1,605.20 | 0.0286% | +4.10% | 11.46% | −153.02 | #354 |
| FY 2024-25 | 1,657.36 | 0.0450% | +14.13% | 14.23% | 1,802.76 | 0.0297% | +12.31% | 11.88% | −145.40 | #336 |

- CAGR (7-year): exports 8.68%/yr, imports 0.78%/yr (consistently Deficit)

## Key trade insights: HSN Code 84314390 export-import analysis

### Consistent export growth: 8.68% CAGR over 7 years

India's exports under HSN Code 84314390 have grown at a compound annual rate of 8.68% over 7 fiscal years, rising from ₹1,005.82 Crore in FY 2018-19 to ₹1,657.36 Crore in FY 2024-25.

### HSN Code 84314390 ranked #336 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84314390 ranks #336 out of 12657 HSN codes by total export value. Within Sub-Chapter 8431, it ranks #3 of 16. By trade surplus, it ranks #11078 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 84314390 exports

The strongest single-year export movement for HSN Code 84314390 was recorded in FY 2021-22, when exports surged by 47.46% over the prior year.

### India records a trade deficit of ₹145.40 Crore in HSN Code 84314390 goods

In FY 2024-25, India's imports of ₹1,802.76 Cr exceeded exports of ₹1,657.36 Cr, resulting in a trade deficit of ₹145.40 Crore — ranking #11078 of 12657 by surplus magnitude.

### Import growth of 0.78% CAGR signals stable import dependency for Other Boring/Sinking Machinery Parts

India's imports under HSN Code 84314390 have grown at 0.78% CAGR, reaching ₹1,802.76 Crore in FY 2024-25.

### HSN Code 84314390 contributes 14.23% of Sub-Chapter 8431 exports — ranked #3

Among the 16 HSN codes under Sub-Chapter 8431, HSN Code 84314390 ranks #3 by export value — accounting for 14.23% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 11.88% share (rank #3).

## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-84314100/) | ₹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 |