HSN Code 84314940 represents Parts for Harvesting Machines under GST classification. This code helps businesses identify Parts for Harvesting Machines correctly for billing, taxation, and trade. With HSN Code 84314940, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Parts for Harvesting Machines.
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HSN Code 84314940 relates to the following description.
Description of Goods
Of machinery of heading 8426, 8429 or 8430 : Other : Of pile driver, snow plough, not self-propelled
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%
Parts for Harvesting Machines 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 other excavating, levelling, tamping or excavating machinery for earth, mineral or ores
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 other excavating, levelling, tamping or excavating machinery for earth, mineral or ores
Of machinery of heading 8426, 8429 or 8430 : Other : Other
India’s Exports
FY 2024-25₹8 Cr
0.0002% of India’s total exports
India’s Imports
FY 2024-25₹6 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25₹1 Cr
Surplus rank #4379 of 12657 HSN codes
% of Sub-Chapter 8431
FY 2024-250.07%
Share of Sub-Chapter 8431’s total exports in FY 2024-25
Import side: 0.04% of Sub-Chapter 8431’s imports
Rank Within Sub-Chapter 8431
FY 2024-25#16 of 16
Position by export value among HSN codes in Sub-Chapter 8431
Import-side rank: #15 of 16
At a glance
38.97%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6074
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+210.96%
Peak Growth Year
FY 2020-21 · strongest single-year move
0.07%
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
−0.87
Exports
1.09 ₹ Cr
0.0000% share
— YoY
0.02% of Sub-Ch. 8431
Imports
1.96 ₹ Cr
0.0001% share
— YoY
0.02% of Sub-Ch. 8431
Balance
−2.72
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−33.03% YoY
0.01% of Sub-Ch. 8431
Imports
3.45 ₹ Cr
0.0001% share
+76.02% YoY
0.04% of Sub-Ch. 8431
Balance
+0.58
Exports
2.27 ₹ Cr
0.0001% share
+210.96% YoY
0.05% of Sub-Ch. 8431
Imports
1.69 ₹ Cr
0.0001% share
−51.01% YoY
0.02% of Sub-Ch. 8431
Balance
+2.51
Exports
5.38 ₹ Cr
0.0002% share
+137.00% YoY
0.07% of Sub-Ch. 8431
Imports
2.87 ₹ Cr
0.0001% share
+69.82% YoY
0.02% of Sub-Ch. 8431
Balance
+5.99
Exports
11.70 ₹ Cr
0.0003% share
+117.47% YoY
0.12% of Sub-Ch. 8431
Imports
5.71 ₹ Cr
0.0001% share
+98.95% YoY
0.05% of Sub-Ch. 8431
Balance
+4.35
Exports
10.07 ₹ Cr
0.0003% share
−13.93% YoY
0.09% of Sub-Ch. 8431
Imports
5.72 ₹ Cr
0.0001% share
+0.18% YoY
0.04% of Sub-Ch. 8431
Balance
+1.39
Exports
7.85 ₹ Cr
0.0002% share
−22.05% YoY
0.07% of Sub-Ch. 8431
Imports
6.46 ₹ Cr
0.0001% share
+12.94% YoY
0.04% of Sub-Ch. 8431
CAGR · 7-Year
Exports
38.97% /yr
Imports
21.99% /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 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.
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.
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.
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.
India's imports under HSN Code 84314940 have grown at 21.99% CAGR, reaching ₹6.46 Crore in FY 2024-25.
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).
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Clear answers to common queries about HSN Code 84314940 and GST compliance.
It includes Disc harrows
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).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 84314940, Parts for Harvesting Machines attracts Varies when sold in taxable form. Describe the exact form on the invoice.