--- title: "HSN Code for Other Ship Derrick/Crane Parts (Heading 8426/29/30) | HSN 84314920 GST Rate" description: "Find HSN and GST Rates for 84314920 related to Other Ship Derrick/Crane Parts (Heading 8426/29/30) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84314920/" --- # HSN Code 84314920: Other Ship Derrick/Crane Parts (Heading 8426/29/30) - [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 : Other : Of ships derricks and cranes | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84314920 ? It includes Ploughs: Other tractor ploughs ### Any common misclassification issue with Other Ship Derrick/Crane Parts (Heading 8426/29/30)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Other Ship Derrick/Crane Parts (Heading 8426/29/30)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Other Ship Derrick/Crane Parts (Heading 8426/29/30)? Under HSN 84314920, Other Ship Derrick/Crane Parts (Heading 8426/29/30) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Other Ship Derrick/Crane Parts (Heading 8426/29/30)? 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 Other Ship Derrick/Crane Parts (Heading 8426/29/30)? 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. ## India's trade performance: HSN Code 84314920 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹203 Cr (−0.19% YoY) — 0.0055% of India's total exports - Imports: ₹184 Cr (−10.56% YoY) — 0.0030% of India's total imports - Trade balance: ₹19 Cr (Surplus); surplus rank #2868 of 12657 HSN codes - Share of Sub-Chapter 8431: 1.75% of its exports; import side 1.21% - Rank within Sub-Chapter 8431: #11 of 16 by export value; import-side #9 ### Key metrics - Export CAGR: 12.08% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1825 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +71.87% in FY 2021-22 - Contribution to Sub-Ch. 8431: 1.75% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84314920 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 | 102.54 | 0.0045% | — | 1.93% | 453.68 | 0.0127% | — | 4.29% | −351.14 | #1984 | | FY 2019-20 | 113.56 | 0.0052% | +10.75% | 2.10% | 165.21 | 0.0049% | −63.58% | 1.98% | −51.65 | #1878 | | FY 2020-21 | 112.65 | 0.0052% | −0.80% | 2.50% | 143.89 | 0.0049% | −12.90% | 1.67% | −31.24 | #1945 | | FY 2021-22 | 193.61 | 0.0062% | +71.87% | 2.49% | 166.48 | 0.0036% | +15.70% | 1.45% | +27.13 | #1680 | | FY 2022-23 | 188.28 | 0.0052% | −2.75% | 1.89% | 157.57 | 0.0027% | −5.35% | 1.27% | +30.71 | #1801 | | FY 2023-24 | 203.65 | 0.0056% | +8.16% | 1.80% | 206.12 | 0.0037% | +30.81% | 1.47% | −2.47 | #1768 | | FY 2024-25 | 203.26 | 0.0055% | −0.19% | 1.75% | 184.35 | 0.0030% | −10.56% | 1.21% | +18.91 | #1825 | - CAGR (7-year): exports 12.08%/yr, imports -13.94%/yr (consistently Surplus) ## Key trade insights: HSN Code 84314920 export-import analysis ### Consistent export growth: 12.08% CAGR over 7 years India's exports under HSN Code 84314920 have grown at a compound annual rate of 12.08% over 7 fiscal years, rising from ₹102.54 Crore in FY 2018-19 to ₹203.26 Crore in FY 2024-25. ### HSN Code 84314920 ranked #1825 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84314920 ranks #1825 out of 12657 HSN codes by total export value. Within Sub-Chapter 8431, it ranks #11 of 16. By trade surplus, it ranks #2868 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 84314920 exports The strongest single-year export movement for HSN Code 84314920 was recorded in FY 2021-22, when exports surged by 71.87% over the prior year. ### India maintains a trade surplus of ₹18.91 Crore in HSN Code 84314920 goods In FY 2024-25, India's exports of ₹203.26 Cr exceeded imports of ₹184.35 Cr, resulting in a trade surplus of ₹18.91 Crore — ranking #2868 of 12657 by surplus magnitude. ### Import growth of -13.94% CAGR signals stable import dependency for Other Ship Derrick/Crane Parts (Heading 8426/29/30) India's imports under HSN Code 84314920 have grown at -13.94% CAGR, reaching ₹184.35 Crore in FY 2024-25. ### HSN Code 84314920 contributes 1.75% of Sub-Chapter 8431 exports — ranked #11 Among the 16 HSN codes under Sub-Chapter 8431, HSN Code 84314920 ranks #11 by export value — accounting for 1.75% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.21% share (rank #9). ## 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](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 | | #11 | HSN Code 84314920: Other Ship Derrick/Crane Parts (Heading 8426/29/30) (this hsn code) | ₹203 Cr |