HSN Code 84351000: Machinery
HSN Code 84351000 represents Machinery under GST classification. This code helps businesses identify Machinery correctly for billing, taxation, and trade. With HSN Code 84351000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Machinery.
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Description of Goods for HSN Code 84351000
HSN Code 84351000 relates to the following description.
What does HSN Code 84351000 not include?
Machinery does not include products with the following descriptions.
Parts
Parts
India’s Trade Performance — HSN Code 84351000 in FY 2024-25
India’s Exports
FY 2024-25₹31 Cr
0.0008% of India’s total exports
India’s Imports
FY 2024-25₹37 Cr
0.0006% of India’s total imports
Trade Balance
FY 2024-25−₹6 Cr
Surplus rank #8677 of 12657 HSN codes
% of Sub-Chapter 8435
FY 2024-2588.87%
Share of Sub-Chapter 8435’s total exports in FY 2024-25
Import side: 94.36% of Sub-Chapter 8435’s imports
Rank Within Sub-Chapter 8435
FY 2024-25#1 of 2
Position by export value among HSN codes in Sub-Chapter 8435
Import-side rank: #1 of 2
At a glance
16.84%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#4274
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+107.19%
Peak Growth Year
FY 2024-25 · strongest single-year move
88.87%
Contribution to Sub-Ch. 8435
Share of Sub-Chapter 8435 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 84351000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.86
Exports
12.24 ₹ Cr
0.0005% share
— YoY
78.71% of Sub-Ch. 8435
Imports
13.10 ₹ Cr
0.0004% share
— YoY
88.87% of Sub-Ch. 8435
Balance
+10.39
Exports
19.89 ₹ Cr
0.0009% share
+62.50% YoY
88.68% of Sub-Ch. 8435
Imports
9.50 ₹ Cr
0.0003% share
−27.48% YoY
91.88% of Sub-Ch. 8435
Balance
+29.88
Exports
35.82 ₹ Cr
0.0017% share
+80.09% YoY
94.91% of Sub-Ch. 8435
Imports
5.94 ₹ Cr
0.0002% share
−37.47% YoY
82.16% of Sub-Ch. 8435
Balance
−1.77
Exports
26.04 ₹ Cr
0.0008% share
−27.30% YoY
83.54% of Sub-Ch. 8435
Imports
27.81 ₹ Cr
0.0006% share
+368.18% YoY
97.96% of Sub-Ch. 8435
Balance
−1.71
Exports
36.80 ₹ Cr
0.0010% share
+41.32% YoY
88.93% of Sub-Ch. 8435
Imports
38.51 ₹ Cr
0.0007% share
+38.48% YoY
96.01% of Sub-Ch. 8435
Balance
−11.87
Exports
15.03 ₹ Cr
0.0004% share
−59.16% YoY
73.68% of Sub-Ch. 8435
Imports
26.90 ₹ Cr
0.0005% share
−30.15% YoY
96.66% of Sub-Ch. 8435
Balance
−5.53
Exports
31.14 ₹ Cr
0.0008% share
+107.19% YoY
88.87% of Sub-Ch. 8435
Imports
36.67 ₹ Cr
0.0006% share
+36.32% YoY
94.36% of Sub-Ch. 8435
CAGR · 7-Year
Exports
16.84% /yr
Imports
18.72% /yr
Key Trade Insights: HSN Code 84351000 Export-Import Analysis
Consistent Export Growth: 16.84% CAGR Over 7 Years
India's exports under HSN Code 84351000 have grown at a compound annual rate of 16.84% over 7 fiscal years, rising from ₹12.24 Crore in FY 2018-19 to ₹31.14 Crore in FY 2024-25.
HSN Code 84351000 Ranked #4274 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 84351000 ranks #4274 out of 12657 HSN codes by total export value. Within Sub-Chapter 8435, it ranks #1 of 2. By trade surplus, it ranks #8677 of 12657.
FY 2024-25 Was the Strongest Growth Year for HSN Code 84351000 Exports
The strongest single-year export movement for HSN Code 84351000 was recorded in FY 2024-25, when exports surged by 107.19% over the prior year.
India Records a Trade Deficit of ₹5.53 Crore in HSN Code 84351000 Goods
In FY 2024-25, India's imports of ₹36.67 Cr exceeded exports of ₹31.14 Cr, resulting in a trade deficit of ₹5.53 Crore — ranking #8677 of 12657 by surplus magnitude.
Import Growth of 18.72% CAGR Signals Rising Demand for Machinery
India's imports under HSN Code 84351000 have grown at 18.72% CAGR, reaching ₹36.67 Crore in FY 2024-25.
HSN Code 84351000 Contributes 88.87% of Sub-Chapter 8435 Exports — Ranked #1
Among the 2 HSN codes under Sub-Chapter 8435, HSN Code 84351000 ranks #1 by export value — accounting for 88.87% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 94.36% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 84351000 and GST compliance.
What products are classified under HSN 84351000 ?
It includes Germination Plant Machinery with Mechanical & Thermal Equip.
How much GST applies to Machinery?
Under HSN 84351000, Machinery attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Machinery?
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 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 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 Machinery is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Machinery; Nil for exempt items if applicable).