HSN Code 84314930 represents Earth/Mineral/Ore Excavating Machinery Parts under GST classification. This code helps businesses identify Earth/Mineral/Ore Excavating Machinery Parts correctly for billing, taxation, and trade. With HSN Code 84314930, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Earth/Mineral/Ore Excavating Machinery Parts.
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HSN Code 84314930 relates to the following description.
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
Parts suitable for use solely or principally with the machinery of headings 8425 to 8430
Of machinery of heading 8426, 8429 or 8430 : Other : Of other excavating, levelling, tamping or excavating machinery for earth, mineral or ores
9%
9%
18%
0%
Description of Goods
Of machinery of heading 8426, 8429 or 8430 : Other : Of other excavating, levelling, tamping or excavating machinery for earth, mineral or ores
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%
Earth/Mineral/Ore Excavating Machinery Parts 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 8425 : Other
Of machinery of heading 8427 : Of fork lift trucks
Of machinery of heading 8427 : Other
Of machinery of heading 8428: Of lifts, skip hoists or escalators
Of machinery of heading 8428: Other : Of elevators, conveyors and moving equipments
Of machinery of heading 8428: Other : Other
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 ships derricks and cranes
Of machinery of heading 8426, 8429 or 8430 : Other : Of pile driver, snow plough, not self-propelled
Of machinery of heading 8426, 8429 or 8430 : Other : Other
Of machinery of heading 8425 : Of pulley tackle and hoists, other than ship hoists, winches or capstans
Of machinery of heading 8425 : Other
Of machinery of heading 8427 : Of fork lift trucks
Of machinery of heading 8427 : Other
Of machinery of heading 8428: Of lifts, skip hoists or escalators
Of machinery of heading 8428: Other : Of elevators, conveyors and moving equipments
Of machinery of heading 8428: Other : Other
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 ships derricks and cranes
Of machinery of heading 8426, 8429 or 8430 : Other : Of pile driver, snow plough, not self-propelled
Of machinery of heading 8426, 8429 or 8430 : Other : Other
India’s Exports
FY 2024-25₹2,677 Cr
0.0727% of India’s total exports
India’s Imports
FY 2024-25₹3,003 Cr
0.0494% of India’s total imports
Trade Balance
FY 2024-25−₹326 Cr
Surplus rank #11633 of 12657 HSN codes
% of Sub-Chapter 8431
FY 2024-2522.99%
Share of Sub-Chapter 8431’s total exports in FY 2024-25
Import side: 19.79% of Sub-Chapter 8431’s imports
Rank Within Sub-Chapter 8431
FY 2024-25#2 of 16
Position by export value among HSN codes in Sub-Chapter 8431
Import-side rank: #2 of 16
At a glance
16.68%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#197
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+80.16%
Peak Growth Year
FY 2021-22 · strongest single-year move
22.99%
Contribution to Sub-Ch. 8431
Share of Sub-Chapter 8431 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−546.00
Exports
1,061.01 ₹ Cr
0.0464% share
— YoY
19.92% of Sub-Ch. 8431
Imports
1,607.01 ₹ Cr
0.0448% share
— YoY
15.21% of Sub-Ch. 8431
Balance
−167.17
Exports
980.09 ₹ Cr
0.0445% share
−7.63% YoY
18.09% of Sub-Ch. 8431
Imports
1,147.26 ₹ Cr
0.0343% share
−28.61% YoY
13.78% of Sub-Ch. 8431
Balance
−483.48
Exports
924.71 ₹ Cr
0.0430% share
−5.65% YoY
20.54% of Sub-Ch. 8431
Imports
1,408.19 ₹ Cr
0.0483% share
+22.74% YoY
16.31% of Sub-Ch. 8431
Balance
−406.97
Exports
1,665.93 ₹ Cr
0.0531% share
+80.16% YoY
21.45% of Sub-Ch. 8431
Imports
2,072.90 ₹ Cr
0.0454% share
+47.20% YoY
18.01% of Sub-Ch. 8431
Balance
−209.61
Exports
2,217.34 ₹ Cr
0.0612% share
+33.10% YoY
22.28% of Sub-Ch. 8431
Imports
2,426.95 ₹ Cr
0.0422% share
+17.08% YoY
19.60% of Sub-Ch. 8431
Balance
−190.19
Exports
2,550.40 ₹ Cr
0.0705% share
+15.02% YoY
22.56% of Sub-Ch. 8431
Imports
2,740.59 ₹ Cr
0.0488% share
+12.92% YoY
19.57% of Sub-Ch. 8431
Balance
−326.10
Exports
2,677.22 ₹ Cr
0.0727% share
+4.97% YoY
22.99% of Sub-Ch. 8431
Imports
3,003.32 ₹ Cr
0.0494% share
+9.59% YoY
19.79% of Sub-Ch. 8431
CAGR · 7-Year
Exports
16.68% /yr
Imports
10.98% /yr
reference, FY 2024-25
Export
₹11,647.68 Cr
Import
₹15,176.26 Cr
Trade Balance
−3,528.58
India's exports under HSN Code 84314930 have grown at a compound annual rate of 16.68% over 7 fiscal years, rising from ₹1,061.01 Crore in FY 2018-19 to ₹2,677.22 Crore in FY 2024-25.
In FY 2024-25, HSN Code 84314930 ranks #197 out of 12657 HSN codes by total export value. Within Sub-Chapter 8431, it ranks #2 of 16. By trade surplus, it ranks #11633 of 12657.
The strongest single-year export movement for HSN Code 84314930 was recorded in FY 2021-22, when exports surged by 80.16% over the prior year.
In FY 2024-25, India's imports of ₹3,003.32 Cr exceeded exports of ₹2,677.22 Cr, resulting in a trade deficit of ₹326.10 Crore — ranking #11633 of 12657 by surplus magnitude.
India's imports under HSN Code 84314930 have grown at 10.98% CAGR, reaching ₹3,003.32 Crore in FY 2024-25.
Among the 16 HSN codes under Sub-Chapter 8431, HSN Code 84314930 ranks #2 by export value — accounting for 22.99% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 19.79% share (rank #2).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 84314930 and GST compliance.
It includes Ploughs: Other
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.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Earth/Mineral/Ore Excavating Machinery Parts; Nil for exempt items if applicable).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.