HSN Code 84321020: Ploughs: Other tractor ploughs

HSN Code 84321020 represents Ploughs: Other tractor ploughs under GST classification. This code helps businesses identify Ploughs: Other tractor ploughs correctly for billing, taxation, and trade. With HSN Code 84321020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Ploughs: Other tractor ploughs.

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Description of Goods for HSN Code 84321020

HSN Code 84321020 relates to the following description.

Description of Goods

Ploughs: Other tractor ploughs

Chapter

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

Sub Chapter

8432 - Agricultural, horticultural or forestry machinery for soil preparation or cultivation; lawn or sports- ground rollers

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 84321020 not include?

Ploughs: Other tractor ploughs does not include products with the following descriptions.

Agricultural, horticultural or forestry machinery for soil preparation or cultivation; lawn or sportsground rollers seeders, planters and transplanters

Seeders, planters and transplanters: No-till direct seeders, planters and transplanters

Agricultural, horticultural or forestry machinery for soil preparation or cultivation; lawn or sportsground rollers manure spreaders and fertilizer distributors

Parts : Parts of agricultural machinery falling within headings 8432 10, 8432 21, 8432 29, 8432 30 and 8432 40

India’s Trade Performance — HSN Code 84321020 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹49 Cr

+1.29% vs FY 2023-24

0.0013% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+8.33% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹49 Cr

Trade Surplus

Surplus rank #2174 of 12657 HSN codes

% of Sub-Chapter 8432

FY 2024-25

2.98%

Share of Sub-Chapter 8432’s total exports in FY 2024-25

Import side: 0.01% of Sub-Chapter 8432’s imports

Rank Within Sub-Chapter 8432

FY 2024-25

#9 of 17

Position by export value among HSN codes in Sub-Chapter 8432

Import-side rank: #14 of 17

At a glance

22.58%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3646

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+66.12%

Peak Growth Year

FY 2021-22 · strongest single-year move

2.98%

Contribution to Sub-Ch. 8432

Share of Sub-Chapter 8432 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84321020

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #4508

Balance

+14.57

Exports

14.57 ₹ Cr

0.0006% share

YoY

1.95% of Sub-Ch. 8432

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8432

FY 2019-20 Exp. Rank #4843

Balance

+11.29

Exports

11.29 ₹ Cr

0.0005% share

−22.51% YoY

1.42% of Sub-Ch. 8432

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8432

FY 2020-21 Exp. Rank #4453

Balance

+16.43

Exports

16.53 ₹ Cr

0.0008% share

+46.41% YoY

1.53% of Sub-Ch. 8432

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 8432

FY 2021-22 Exp. Rank #4151

Balance

+27.46

Exports

27.46 ₹ Cr

0.0009% share

+66.12% YoY

1.64% of Sub-Ch. 8432

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8432

FY 2022-23 Exp. Rank #4125

Balance

+29.75

Exports

30.89 ₹ Cr

0.0009% share

+12.49% YoY

1.81% of Sub-Ch. 8432

Imports

1.14 ₹ Cr

0.0000% share

YoY

0.19% of Sub-Ch. 8432

FY 2023-24 Exp. Rank #3572

Balance

+48.69

Exports

48.81 ₹ Cr

0.0013% share

+58.01% YoY

2.94% of Sub-Ch. 8432

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−89.47% YoY

0.02% of Sub-Ch. 8432

FY 2024-25 Exp. Rank #3646

Balance

+49.31

Exports

49.44 ₹ Cr

0.0013% share

+1.29% YoY

2.98% of Sub-Ch. 8432

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+8.33% YoY

0.01% of Sub-Ch. 8432

CAGR · 7-Year

Exports

22.58% /yr

Imports

Consistently Surplus
Sub-Chapter 8432 total

reference, FY 2024-25

Export

₹1,656.72 Cr

Import

₹882.99 Cr

Trade Balance

+773.73

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

Key Trade Insights: HSN Code 84321020 Export-Import Analysis

Consistent Export Growth: 22.58% CAGR Over 7 Years

India's exports under HSN Code 84321020 have grown at a compound annual rate of 22.58% over 7 fiscal years, rising from ₹14.57 Crore in FY 2018-19 to ₹49.44 Crore in FY 2024-25.

HSN Code 84321020 Ranked #3646 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84321020 ranks #3646 out of 12657 HSN codes by total export value. Within Sub-Chapter 8432, it ranks #9 of 17. By trade surplus, it ranks #2174 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 84321020 Exports

The strongest single-year export movement for HSN Code 84321020 was recorded in FY 2021-22, when exports surged by 66.12% over the prior year.

India Maintains a Trade Surplus of ₹49.31 Crore in HSN Code 84321020 Goods

In FY 2024-25, India's exports of ₹49.44 Cr exceeded imports of ₹0.13 Cr, resulting in a trade surplus of ₹49.31 Crore — ranking #2174 of 12657 by surplus magnitude.

HSN Code 84321020 Contributes 2.98% of Sub-Chapter 8432 Exports — Ranked #9

Among the 17 HSN codes under Sub-Chapter 8432, HSN Code 84321020 ranks #9 by export value — accounting for 2.98% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #14).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84321020 and GST compliance.

What products are classified under HSN 84321020 ?

It includes No-Till Direct Seeders/Planters/Transplanters

Does packaging or labelling change the GST for Ploughs: Other tractor ploughs?

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.

Any common misclassification issue with Ploughs: Other tractor ploughs?

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

How much GST applies to Ploughs: Other tractor ploughs?

Under HSN 84321020, Ploughs: Other tractor ploughs attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Ploughs: Other tractor ploughs?

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 Ploughs: Other tractor ploughs?

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.

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.