---
title: "HSN Code for Parts of machinery | HSN 84314990 GST Rate"
description: "Find HSN and GST Rates for 84314990 related to Parts of machinery with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84314990/"
---

# HSN Code 84314990: Parts of machinery

- [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 : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84314990 ?

It includes Harrows, scarifiers, cultivators, weeders and hoes: Other: Rotary hoes

### Can we claim ITC on inputs used to trade Parts of machinery?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### Do e‑way bill and e‑invoice apply for Parts of machinery?

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.

### How should mixed supplies be billed when Parts of machinery is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Parts of machinery; Nil for exempt items if applicable).

### How much GST applies to Parts of machinery?

Under HSN 84314990, Parts of machinery attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Parts of machinery?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

## India's trade performance: HSN Code 84314990 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹3,233 Cr (−12.44% YoY) — 0.0879% of India's total exports
- Imports: ₹4,979 Cr (+14.12% YoY) — 0.0819% of India's total imports
- Trade balance: −₹1,745 Cr (Deficit); surplus rank #12388 of 12657 HSN codes
- Share of Sub-Chapter 8431: 27.76% of its exports; import side 32.80%
- Rank within Sub-Chapter 8431: #1 of 16 by export value; import-side #1

### Key metrics

- Export CAGR: 10.32% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #156 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +115.19% in FY 2021-22
- Contribution to Sub-Ch. 8431: 27.76% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84314990

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 | 1,793.31 | 0.0785% | — | 33.67% | 3,842.88 | 0.1072% | — | 36.36% | −2,049.57 | #174 |
| FY 2019-20 | 1,445.35 | 0.0657% | −19.40% | 26.68% | 2,730.60 | 0.0816% | −28.94% | 32.79% | −1,285.25 | #224 |
| FY 2020-21 | 1,158.23 | 0.0538% | −19.87% | 25.73% | 2,856.01 | 0.0980% | +4.59% | 33.09% | −1,697.78 | #292 |
| FY 2021-22 | 2,492.45 | 0.0794% | +115.19% | 32.09% | 3,699.43 | 0.0809% | +29.53% | 32.14% | −1,206.98 | #188 |
| FY 2022-23 | 3,204.46 | 0.0885% | +28.57% | 32.20% | 3,994.40 | 0.0695% | +7.97% | 32.25% | −789.94 | #152 |
| FY 2023-24 | 3,692.90 | 0.1021% | +15.24% | 32.67% | 4,362.53 | 0.0777% | +9.22% | 31.16% | −669.63 | #134 |
| FY 2024-25 | 3,233.42 | 0.0879% | −12.44% | 27.76% | 4,978.55 | 0.0819% | +14.12% | 32.80% | −1,745.13 | #156 |

- CAGR (7-year): exports 10.32%/yr, imports 4.41%/yr (consistently Deficit)

## Key trade insights: HSN Code 84314990 export-import analysis

### Consistent export growth: 10.32% CAGR over 7 years

India's exports under HSN Code 84314990 have grown at a compound annual rate of 10.32% over 7 fiscal years, rising from ₹1,793.31 Crore in FY 2018-19 to ₹3,233.42 Crore in FY 2024-25.

### HSN Code 84314990 ranked #156 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84314990 ranks #156 out of 12657 HSN codes by total export value. Within Sub-Chapter 8431, it ranks #1 of 16. By trade surplus, it ranks #12388 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 84314990 exports

The strongest single-year export movement for HSN Code 84314990 was recorded in FY 2021-22, when exports surged by 115.19% over the prior year.

### India records a trade deficit of ₹1,745.13 Crore in HSN Code 84314990 goods

In FY 2024-25, India's imports of ₹4,978.55 Cr exceeded exports of ₹3,233.42 Cr, resulting in a trade deficit of ₹1,745.13 Crore — ranking #12388 of 12657 by surplus magnitude.

### Import growth of 4.41% CAGR signals stable import dependency for Parts of machinery

India's imports under HSN Code 84314990 have grown at 4.41% CAGR, reaching ₹4,978.55 Crore in FY 2024-25.

### HSN Code 84314990 contributes 27.76% of Sub-Chapter 8431 exports — ranked #1

Among the 16 HSN codes under Sub-Chapter 8431, HSN Code 84314990 ranks #1 by export value — accounting for 27.76% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 32.80% share (rank #1).

## 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 (this hsn code) | ₹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 |