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HSN Code 84314920: Other Ship Derrick/Crane Parts (Heading 8426/29/30)

HSN Code 84314920 represents Other Ship Derrick/Crane Parts (Heading 8426/29/30) under GST classification. This code helps businesses identify Other Ship Derrick/Crane Parts (Heading 8426/29/30) correctly for billing, taxation, and trade. With HSN Code 84314920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Ship Derrick/Crane Parts (Heading 8426/29/30).

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Description of Goods for HSN Code 84314920

HSN Code 84314920 relates to the following description.

Description of Goods

Of machinery of heading 8426, 8429 or 8430 : Other : Of ships derricks and cranes

Chapter

84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

Sub Chapter

8431 - Parts suitable for use solely or principally with the machinery of headings 8425 to 8430

CGST

9%

SGST

9%

IGST

18%

CESS

0%

5% when supplied as parts of vessels of headings 8901, 8902, 8904, 8905, 8906 or 8907; 18% otherwise. Source: Notification 9/2025-Central Tax (Rate), Schedule I, S. No. 472.

What does HSN Code 84314920 not include?

Other Ship Derrick/Crane Parts (Heading 8426/29/30) does not include products with the following descriptions.

Of machinery of heading 8425 : Of pulley tackle and hoists, other than ship hoists, winches or capstans

Of machinery of heading 8428: Other : Of elevators, conveyors and moving equipments

Of machinery of heading 8426, 8429 or 8430 : Buckets, shovels, grabs and grips

Of machinery of heading 8426, 8429 or 8430 : Bulldozers or angledozer blades

Of machinery of heading 8426, 8429 or 8430 : Parts of boring or sinking machinery of subheading 8430 41 or 8430 49 : Of boring or sinking machinery, self-propelled

Of machinery of heading 8426, 8429 or 8430 : Parts of boring or sinking machinery of subheading 8430 41 or 8430 49 : Other

Of machinery of heading 8426, 8429 or 8430 : Other : Of road rollers, mechanically propelled

Of machinery of heading 8426, 8429 or 8430 : Other : Of other excavating, levelling, tamping or excavating machinery for earth, mineral or ores

Of machinery of heading 8426, 8429 or 8430 : Other : Of pile driver, snow plough, not self-propelled

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India’s Trade Performance — HSN Code 84314920 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹223 Cr

+9.85% vs FY 2024-25

0.0057% of India’s total exports

India’s Imports

FY 2025-26

₹173 Cr

−6.38% vs FY 2024-25

0.0025% of India’s total imports

Trade Balance

FY 2025-26

₹51 Cr

Trade Surplus

Surplus rank #2220 of 12872 HSN codes

% of Sub-Chapter 8431

FY 2025-26

1.68%

Share of Sub-Chapter 8431’s total exports in FY 2025-26

Import side: 0.99% of Sub-Chapter 8431’s imports

Rank Within Sub-Chapter 8431

FY 2025-26

#11 of 16

Position by export value among HSN codes in Sub-Chapter 8431

Import-side rank: #12 of 16

At a glance

11.76%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#1843

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+71.87%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.68%

Contribution to Sub-Ch. 8431

Share of Sub-Chapter 8431 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 84314920

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #1984

Balance

−351.14

Exports

102.54 ₹ Cr

0.0045% share

— YoY

1.93% of Sub-Ch. 8431

Imports

453.68 ₹ Cr

0.0127% share

— YoY

4.29% of Sub-Ch. 8431

FY 2019-20 Exp. Rank #1878

Balance

−51.65

Exports

113.56 ₹ Cr

0.0052% share

+10.75% YoY

2.10% of Sub-Ch. 8431

Imports

165.21 ₹ Cr

0.0049% share

−63.58% YoY

1.98% of Sub-Ch. 8431

FY 2020-21 Exp. Rank #1945

Balance

−31.24

Exports

112.65 ₹ Cr

0.0052% share

−0.80% YoY

2.50% of Sub-Ch. 8431

Imports

143.89 ₹ Cr

0.0049% share

−12.90% YoY

1.67% of Sub-Ch. 8431

FY 2021-22 Exp. Rank #1680

Balance

+27.13

Exports

193.61 ₹ Cr

0.0062% share

+71.87% YoY

2.49% of Sub-Ch. 8431

Imports

166.48 ₹ Cr

0.0036% share

+15.70% YoY

1.45% of Sub-Ch. 8431

FY 2022-23 Exp. Rank #1801

Balance

+30.71

Exports

188.28 ₹ Cr

0.0052% share

−2.75% YoY

1.89% of Sub-Ch. 8431

Imports

157.57 ₹ Cr

0.0027% share

−5.35% YoY

1.27% of Sub-Ch. 8431

FY 2023-24 Exp. Rank #1768

Balance

−2.47

Exports

203.65 ₹ Cr

0.0056% share

+8.16% YoY

1.80% of Sub-Ch. 8431

Imports

206.12 ₹ Cr

0.0037% share

+30.81% YoY

1.47% of Sub-Ch. 8431

FY 2024-25 Exp. Rank #1825

Balance

+18.91

Exports

203.26 ₹ Cr

0.0055% share

−0.19% YoY

1.75% of Sub-Ch. 8431

Imports

184.35 ₹ Cr

0.0030% share

−10.56% YoY

1.21% of Sub-Ch. 8431

FY 2025-26 Exp. Rank #1843

Balance

+50.70

Exports

223.28 ₹ Cr

0.0057% share

+9.85% YoY

1.68% of Sub-Ch. 8431

Imports

172.58 ₹ Cr

0.0025% share

−6.38% YoY

0.99% of Sub-Ch. 8431

CAGR · 8-Year

Exports

11.76% /yr

Imports

−12.90% /yr

Consistently Surplus
Sub-Chapter 8431 total

reference, FY 2025-26

Export

₹13,328.22 Cr

Import

₹17,437.52 Cr

Trade Balance

−4,109.30

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 84314920 Export-Import Analysis

Consistent Export Growth: 11.76% CAGR Over 8 Years

India's exports under HSN Code 84314920 have grown at a compound annual rate of 11.76% over 8 fiscal years, rising from ₹102.54 Crore in FY 2018-19 to ₹223.28 Crore in FY 2025-26.

HSN Code 84314920 Ranked #1843 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 84314920 ranks #1843 out of 12872 HSN codes by total export value. Within Sub-Chapter 8431, it ranks #11 of 16. By trade surplus, it ranks #2220 of 12872.

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 ₹50.70 Crore in HSN Code 84314920 Goods

In FY 2025-26, India's exports of ₹223.28 Cr exceeded imports of ₹172.58 Cr, resulting in a trade surplus of ₹50.70 Crore — ranking #2220 of 12872 by surplus magnitude.

Import Growth of −12.90% 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 −12.90% CAGR, reaching ₹172.58 Crore in FY 2025-26.

HSN Code 84314920 Contributes 1.68% 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 1.68% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.99% share (rank #12).

Frequently Asked Questions

Clear answers to common queries about HSN Code 84314920 and GST compliance.

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.

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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.