HSN Code 84388020: Soya Milk/Product Production Machinery (Non-Oil)

HSN Code 84388020 represents Soya Milk/Product Production Machinery (Non-Oil) under GST classification. This code helps businesses identify Soya Milk/Product Production Machinery (Non-Oil) correctly for billing, taxation, and trade. With HSN Code 84388020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Soya Milk/Product Production Machinery (Non-Oil).

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Description of Goods for HSN Code 84388020

HSN Code 84388020 relates to the following description.

Description of Goods

Other machinery : For production of soya milk or other soya products (other than soya oil)

Chapter

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

Sub Chapter

8438 - Machinery, not specified or included elsewhere in this chapter, for the industrial preparation or manufacture of food or drink, other than machinery for the extraction or preparation of animal or fixed vegetable or microbial fats or oils

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84388020 not include?

Soya Milk/Product Production Machinery (Non-Oil) does not include products with the following descriptions.

Bakery machinery and machinery for the manufacture of macaroni, spaghetti or similar products : Bakery machinery

Bakery machinery and machinery for the manufacture of macaroni, spaghetti or similar products : Machinery for manufacture of macaroni or spaghetti or similar products

India’s Trade Performance — HSN Code 84388020 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

₹11 Cr

+334.98% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

−86.91% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹9 Cr

Trade Surplus

Surplus rank #3366 of 12657 HSN codes

% of Sub-Chapter 8438

FY 2024-25

0.52%

Share of Sub-Chapter 8438’s total exports in FY 2024-25

Import side: 0.07% of Sub-Chapter 8438’s imports

Rank Within Sub-Chapter 8438

FY 2024-25

#12 of 15

Position by export value among HSN codes in Sub-Chapter 8438

Import-side rank: #13 of 15

At a glance

35.24%

Export CAGR

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

#5634

National Export Rank

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

+738.84%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.52%

Contribution to Sub-Ch. 8438

Share of Sub-Chapter 8438 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84388020

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 #7028

Balance

−1.88

Exports

1.87 ₹ Cr

0.0001% share

YoY

0.17% of Sub-Ch. 8438

Imports

3.75 ₹ Cr

0.0001% share

YoY

0.25% of Sub-Ch. 8438

FY 2019-20 Exp. Rank #7928

Balance

−0.43

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−62.03% YoY

0.07% of Sub-Ch. 8438

Imports

1.14 ₹ Cr

0.0000% share

−69.60% YoY

0.09% of Sub-Ch. 8438

FY 2020-21 Exp. Rank #7490

Balance

+0.21

Exports

1.21 ₹ Cr

0.0001% share

+70.42% YoY

0.13% of Sub-Ch. 8438

Imports

1.00 ₹ Cr

0.0000% share

−12.28% YoY

0.07% of Sub-Ch. 8438

FY 2021-22 Exp. Rank #5462

Balance

+7.26

Exports

10.15 ₹ Cr

0.0003% share

+738.84% YoY

0.80% of Sub-Ch. 8438

Imports

2.89 ₹ Cr

0.0001% share

+189.00% YoY

0.19% of Sub-Ch. 8438

FY 2022-23 Exp. Rank #8713

Balance

−1.25

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−95.27% YoY

0.03% of Sub-Ch. 8438

Imports

1.73 ₹ Cr

0.0000% share

−40.14% YoY

0.11% of Sub-Ch. 8438

FY 2023-24 Exp. Rank #7279

Balance

−14.33

Exports

2.63 ₹ Cr

0.0001% share

+447.92% YoY

0.15% of Sub-Ch. 8438

Imports

16.96 ₹ Cr

0.0003% share

+880.35% YoY

0.53% of Sub-Ch. 8438

FY 2024-25 Exp. Rank #5634

Balance

+9.22

Exports

11.44 ₹ Cr

0.0003% share

+334.98% YoY

0.52% of Sub-Ch. 8438

Imports

2.22 ₹ Cr

0.0000% share

−86.91% YoY

0.07% of Sub-Ch. 8438

CAGR · 7-Year

Exports

35.24% /yr

Imports

−8.37% /yr

Consistently Surplus
Sub-Chapter 8438 total

reference, FY 2024-25

Export

₹2,195.00 Cr

Import

₹3,294.96 Cr

Trade Balance

−1,099.96

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

Key Trade Insights: HSN Code 84388020 Export-Import Analysis

Consistent Export Growth: 35.24% CAGR Over 7 Years

India's exports under HSN Code 84388020 have grown at a compound annual rate of 35.24% over 7 fiscal years, rising from ₹1.87 Crore in FY 2018-19 to ₹11.44 Crore in FY 2024-25.

HSN Code 84388020 Ranked #5634 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84388020 ranks #5634 out of 12657 HSN codes by total export value. Within Sub-Chapter 8438, it ranks #12 of 15. By trade surplus, it ranks #3366 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 84388020 Exports

The strongest single-year export movement for HSN Code 84388020 was recorded in FY 2021-22, when exports surged by 738.84% over the prior year.

India Maintains a Trade Surplus of ₹9.22 Crore in HSN Code 84388020 Goods

In FY 2024-25, India's exports of ₹11.44 Cr exceeded imports of ₹2.22 Cr, resulting in a trade surplus of ₹9.22 Crore — ranking #3366 of 12657 by surplus magnitude.

Import Growth of −8.37% CAGR Signals Stable Import Dependency for Soya Milk/Product Production Machinery (Non-Oil)

India's imports under HSN Code 84388020 have grown at −8.37% CAGR, reaching ₹2.22 Crore in FY 2024-25.

HSN Code 84388020 Contributes 0.52% of Sub-Chapter 8438 Exports — Ranked #12

Among the 15 HSN codes under Sub-Chapter 8438, HSN Code 84388020 ranks #12 by export value — accounting for 0.52% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.07% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84388020 and GST compliance.

What products are classified under HSN 84388020 ?

It includes Parts | Of Other Machinery

How much GST applies to Soya Milk/Product Production Machinery (Non-Oil)?

Under HSN 84388020, Soya Milk/Product Production Machinery (Non-Oil) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Soya Milk/Product Production Machinery (Non-Oil)?

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

How should mixed supplies be billed when Soya Milk/Product Production Machinery (Non-Oil) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Soya Milk/Product Production Machinery (Non-Oil); Nil for exempt items if applicable).

Any common misclassification issue with Soya Milk/Product Production Machinery (Non-Oil)?

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

Does packaging or labelling change the GST for Soya Milk/Product Production Machinery (Non-Oil)?

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.

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.