HSN Code 84341000: Milking Machines
HSN Code 84341000 represents Milking Machines under GST classification. This code helps businesses identify Milking Machines correctly for billing, taxation, and trade. With HSN Code 84341000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Milking Machines.
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Description of Goods for HSN Code 84341000
HSN Code 84341000 relates to the following description.
What does HSN Code 84341000 not include?
Milking Machines does not include products with the following descriptions.
Dairy machinery
Parts : Of milking machinery
Parts : Of dairy machinery
India’s Trade Performance — HSN Code 84341000 in FY 2024-25
India’s Exports
FY 2024-25₹8 Cr
0.0002% of India’s total exports
India’s Imports
FY 2024-25₹7 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #4889 of 12657 HSN codes
% of Sub-Chapter 8434
FY 2024-255.20%
Share of Sub-Chapter 8434’s total exports in FY 2024-25
Import side: 4.30% of Sub-Chapter 8434’s imports
Rank Within Sub-Chapter 8434
FY 2024-25#4 of 4
Position by export value among HSN codes in Sub-Chapter 8434
Import-side rank: #4 of 4
At a glance
6.55%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6115
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+81.17%
Peak Growth Year
FY 2020-21 · strongest single-year move
5.20%
Contribution to Sub-Ch. 8434
Share of Sub-Chapter 8434 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 84341000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−28.80
Exports
5.20 ₹ Cr
0.0002% share
— YoY
9.05% of Sub-Ch. 8434
Imports
34.00 ₹ Cr
0.0009% share
— YoY
21.32% of Sub-Ch. 8434
Balance
−8.55
Exports
4.62 ₹ Cr
0.0002% share
−11.15% YoY
3.68% of Sub-Ch. 8434
Imports
13.17 ₹ Cr
0.0004% share
−61.26% YoY
12.67% of Sub-Ch. 8434
Balance
−5.13
Exports
8.37 ₹ Cr
0.0004% share
+81.17% YoY
8.73% of Sub-Ch. 8434
Imports
13.50 ₹ Cr
0.0005% share
+2.51% YoY
12.34% of Sub-Ch. 8434
Balance
+1.12
Exports
9.12 ₹ Cr
0.0003% share
+8.96% YoY
11.22% of Sub-Ch. 8434
Imports
8.00 ₹ Cr
0.0002% share
−40.74% YoY
6.28% of Sub-Ch. 8434
Balance
+2.85
Exports
7.95 ₹ Cr
0.0002% share
−12.83% YoY
6.01% of Sub-Ch. 8434
Imports
5.10 ₹ Cr
0.0001% share
−36.25% YoY
4.55% of Sub-Ch. 8434
Balance
−0.43
Exports
5.23 ₹ Cr
0.0001% share
−34.21% YoY
4.42% of Sub-Ch. 8434
Imports
5.66 ₹ Cr
0.0001% share
+10.98% YoY
2.75% of Sub-Ch. 8434
Balance
+0.39
Exports
7.61 ₹ Cr
0.0002% share
+45.51% YoY
5.20% of Sub-Ch. 8434
Imports
7.22 ₹ Cr
0.0001% share
+27.56% YoY
4.30% of Sub-Ch. 8434
CAGR · 7-Year
Exports
6.55% /yr
Imports
−22.76% /yr
reference, FY 2024-25
Export
₹146.24 Cr
Import
₹167.99 Cr
Trade Balance
−21.75
Key Trade Insights: HSN Code 84341000 Export-Import Analysis
Consistent Export Growth: 6.55% CAGR Over 7 Years
India's exports under HSN Code 84341000 have grown at a compound annual rate of 6.55% over 7 fiscal years, rising from ₹5.20 Crore in FY 2018-19 to ₹7.61 Crore in FY 2024-25.
HSN Code 84341000 Ranked #6115 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 84341000 ranks #6115 out of 12657 HSN codes by total export value. Within Sub-Chapter 8434, it ranks #4 of 4. By trade surplus, it ranks #4889 of 12657.
FY 2020-21 Was the Strongest Growth Year for HSN Code 84341000 Exports
The strongest single-year export movement for HSN Code 84341000 was recorded in FY 2020-21, when exports surged by 81.17% over the prior year.
India Maintains a Trade Surplus of ₹0.39 Crore in HSN Code 84341000 Goods
In FY 2024-25, India's exports of ₹7.61 Cr exceeded imports of ₹7.22 Cr, resulting in a trade surplus of ₹0.39 Crore — ranking #4889 of 12657 by surplus magnitude.
Import Growth of −22.76% CAGR Signals Stable Import Dependency for Milking Machines
India's imports under HSN Code 84341000 have grown at −22.76% CAGR, reaching ₹7.22 Crore in FY 2024-25.
HSN Code 84341000 Contributes 5.20% of Sub-Chapter 8434 Exports — Ranked #4
Among the 4 HSN codes under Sub-Chapter 8434, HSN Code 84341000 ranks #4 by export value — accounting for 5.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.30% share (rank #4).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 84341000 and GST compliance.
What products are classified under HSN 84341000 ?
It includes Parts for Presses & Crushers for Beverage Production
Any common misclassification issue with Milking Machines?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Can we claim ITC on inputs used to trade Milking Machines?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Does packaging or labelling change the GST for Milking Machines?
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.
Do e‑way bill and e‑invoice apply for Milking 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.
How should mixed supplies be billed when Milking Machines is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Milking Machines; Nil for exempt items if applicable).