---
title: "HSN Code for Machinery | For Industrial Plant Project | HSN 84392000 GST Rate"
description: "Find HSN and GST Rates for 84392000 related to Machinery | For Industrial Plant Project with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84392000/"
---

# HSN Code 84392000: Machinery | For Industrial Plant Project

- [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 8439: Paper-making Machinery](https://busy.in/hsn/sub-chapter-8439/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Machinery for making paper or paperboard | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84392000 ?

It includes Wire stitching machinery

### Any common misclassification issue with Machinery / For Industrial Plant Project?

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

### Do e‑way bill and e‑invoice apply for Machinery / For Industrial Plant Project?

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.

### Does packaging or labelling change the GST for Machinery / For Industrial Plant Project?

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.

### How much GST applies to Machinery / For Industrial Plant Project?

Under HSN 84392000, Machinery / For Industrial Plant Project attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Machinery / For Industrial Plant Project?

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

## India's trade performance: HSN Code 84392000 (FY 2024-25)

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

- Exports: ₹146 Cr (−5.86% YoY) — 0.0040% of India's total exports
- Imports: ₹745 Cr (+59.23% YoY) — 0.0123% of India's total imports
- Trade balance: −₹599 Cr (Deficit); surplus rank #12001 of 12657 HSN codes
- Share of Sub-Chapter 8439: 20.88% of its exports; import side 42.10%
- Rank within Sub-Chapter 8439: #3 of 6 by export value; import-side #1

### Key metrics

- Export CAGR: 12.80% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #2182 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +219.86% in FY 2022-23
- Contribution to Sub-Ch. 8439: 20.88% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84392000

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. 8439 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8439 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 71.10 | 0.0031% | — | 19.30% | 173.34 | 0.0048% | — | 23.60% | −102.24 | #2403 |
| FY 2019-20 | 45.06 | 0.0020% | −36.62% | 14.00% | 138.71 | 0.0041% | −19.98% | 17.60% | −93.65 | #3034 |
| FY 2020-21 | 26.73 | 0.0012% | −40.68% | 8.49% | 327.39 | 0.0112% | +136.02% | 25.21% | −300.66 | #3812 |
| FY 2021-22 | 33.13 | 0.0011% | +23.94% | 9.59% | 231.64 | 0.0051% | −29.25% | 23.66% | −198.51 | #3918 |
| FY 2022-23 | 105.97 | 0.0029% | +219.86% | 16.93% | 241.09 | 0.0042% | +4.08% | 24.10% | −135.12 | #2460 |
| FY 2023-24 | 155.57 | 0.0043% | +46.81% | 18.89% | 467.91 | 0.0083% | +94.08% | 33.99% | −312.34 | #2065 |
| FY 2024-25 | 146.45 | 0.0040% | −5.86% | 20.88% | 745.07 | 0.0123% | +59.23% | 42.10% | −598.62 | #2182 |

- CAGR (7-year): exports 12.80%/yr, imports 27.51%/yr (consistently Deficit)

## Key trade insights: HSN Code 84392000 export-import analysis

### Consistent export growth: 12.80% CAGR over 7 years

India's exports under HSN Code 84392000 have grown at a compound annual rate of 12.80% over 7 fiscal years, rising from ₹71.10 Crore in FY 2018-19 to ₹146.45 Crore in FY 2024-25.

### HSN Code 84392000 ranked #2182 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84392000 ranks #2182 out of 12657 HSN codes by total export value. Within Sub-Chapter 8439, it ranks #3 of 6. By trade surplus, it ranks #12001 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 84392000 exports

The strongest single-year export movement for HSN Code 84392000 was recorded in FY 2022-23, when exports surged by 219.86% over the prior year.

### India records a trade deficit of ₹598.62 Crore in HSN Code 84392000 goods

In FY 2024-25, India's imports of ₹745.07 Cr exceeded exports of ₹146.45 Cr, resulting in a trade deficit of ₹598.62 Crore — ranking #12001 of 12657 by surplus magnitude.

### Import growth of 27.51% CAGR signals rising demand for Machinery | For Industrial Plant Project

India's imports under HSN Code 84392000 have grown at 27.51% CAGR, reaching ₹745.07 Crore in FY 2024-25.

### HSN Code 84392000 contributes 20.88% of Sub-Chapter 8439 exports — ranked #3

Among the 6 HSN codes under Sub-Chapter 8439, HSN Code 84392000 ranks #3 by export value — accounting for 20.88% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 42.10% share (rank #1).

## Related HSN Codes in Sub-Chapter 8439

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 84391000: Machinery for pulp of fibrous material](https://busy.in/hsn/hsn-84391000/) | ₹223 Cr |
| #2 | [HSN Code 84399100: Parts of machinery for making pulp](https://busy.in/hsn/hsn-84399100/) | ₹203 Cr |
| #3 | HSN Code 84392000: Machinery \| For Industrial Plant Project (this hsn code) | ₹146 Cr |
| #4 | [HSN Code 84399900: Parts : Other](https://busy.in/hsn/hsn-84399900/) | ₹100 Cr |
| #5 | [HSN Code 84393010: Machinery for finishing paper or paperboard: Paper laminating machine](https://busy.in/hsn/hsn-84393010/) | ₹20 Cr |
| #6 | [HSN Code 84393090: Paper finishing machinery](https://busy.in/hsn/hsn-84393090/) | ₹9 Cr |