--- title: "HSN Code for Parts for Harvesting Machines | HSN 84314940 GST Rate" description: "Find HSN and GST Rates for 84314940 related to Parts for Harvesting Machines with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84314940/" --- # HSN Code 84314940: Parts for Harvesting Machines - [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 pile driver, snow plough, not self-propelled | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84314940 ? It includes Disc harrows ### How should mixed supplies be billed when Parts for Harvesting Machines is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Parts for Harvesting Machines; Nil for exempt items if applicable). ### Any common misclassification issue with Parts for Harvesting Machines? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Parts for Harvesting Machines? 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. ### Can we claim ITC on inputs used to trade Parts for Harvesting Machines? 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 Parts for Harvesting Machines? Under HSN 84314940, Parts for Harvesting Machines attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 84314940 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹8 Cr (−22.05% YoY) — 0.0002% of India's total exports - Imports: ₹6 Cr (+12.94% YoY) — 0.0001% of India's total imports - Trade balance: ₹1 Cr (Surplus); surplus rank #4379 of 12657 HSN codes - Share of Sub-Chapter 8431: 0.07% of its exports; import side 0.04% - Rank within Sub-Chapter 8431: #16 of 16 by export value; import-side #15 ### Key metrics - Export CAGR: 38.97% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6074 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +210.96% in FY 2020-21 - Contribution to Sub-Ch. 8431: 0.07% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84314940 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 | 1.09 | 0.0000% | — | 0.02% | 1.96 | 0.0001% | — | 0.02% | −0.87 | #7547 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −33.03% | 0.01% | 3.45 | 0.0001% | +76.02% | 0.04% | −2.72 | #7900 | | FY 2020-21 | 2.27 | 0.0001% | +210.96% | 0.05% | 1.69 | 0.0001% | −51.01% | 0.02% | +0.58 | #6833 | | FY 2021-22 | 5.38 | 0.0002% | +137.00% | 0.07% | 2.87 | 0.0001% | +69.82% | 0.02% | +2.51 | #6261 | | FY 2022-23 | 11.70 | 0.0003% | +117.47% | 0.12% | 5.71 | 0.0001% | +98.95% | 0.05% | +5.99 | #5419 | | FY 2023-24 | 10.07 | 0.0003% | −13.93% | 0.09% | 5.72 | 0.0001% | +0.18% | 0.04% | +4.35 | #5724 | | FY 2024-25 | 7.85 | 0.0002% | −22.05% | 0.07% | 6.46 | 0.0001% | +12.94% | 0.04% | +1.39 | #6074 | - CAGR (7-year): exports 38.97%/yr, imports 21.99%/yr (consistently Surplus) ## Key trade insights: HSN Code 84314940 export-import analysis ### Consistent export growth: 38.97% CAGR over 7 years India's exports under HSN Code 84314940 have grown at a compound annual rate of 38.97% over 7 fiscal years, rising from ₹1.09 Crore in FY 2018-19 to ₹7.85 Crore in FY 2024-25. ### HSN Code 84314940 ranked #6074 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84314940 ranks #6074 out of 12657 HSN codes by total export value. Within Sub-Chapter 8431, it ranks #16 of 16. By trade surplus, it ranks #4379 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 84314940 exports The strongest single-year export movement for HSN Code 84314940 was recorded in FY 2020-21, when exports surged by 210.96% over the prior year. ### India maintains a trade surplus of ₹1.39 Crore in HSN Code 84314940 goods In FY 2024-25, India's exports of ₹7.85 Cr exceeded imports of ₹6.46 Cr, resulting in a trade surplus of ₹1.39 Crore — ranking #4379 of 12657 by surplus magnitude. ### Import growth of 21.99% CAGR signals rising demand for Parts for Harvesting Machines India's imports under HSN Code 84314940 have grown at 21.99% CAGR, reaching ₹6.46 Crore in FY 2024-25. ### HSN Code 84314940 contributes 0.07% of Sub-Chapter 8431 exports — ranked #16 Among the 16 HSN codes under Sub-Chapter 8431, HSN Code 84314940 ranks #16 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.04% share (rank #15). ## 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 | | #16 | HSN Code 84314940: Parts for Harvesting Machines (this hsn code) | ₹8 Cr |