HSN Code 84392000 represents Machinery | For Industrial Plant Project under GST classification. This code helps businesses identify Machinery | For Industrial Plant Project correctly for billing, taxation, and trade. With HSN Code 84392000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Machinery | For Industrial Plant Project.
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HSN Code 84392000 relates to the following description.
Description of Goods
Machinery for making paper or paperboard
Chapter
84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
Sub Chapter
8439 - Machinery for making pulp of fibrous cellulosic material or for making or finishing paper or paperboard
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Machinery | For Industrial Plant Project does not include products with the following descriptions.
Machinery for making pulp of fibrous cellulosic material
Machinery for finishing paper or paperboard: Paper laminating machine
Machinery for finishing paper or paperboard: Other
Parts : Of machinery for making pulp of fibrous cellulosic material
Parts : Other
Machinery for making pulp of fibrous cellulosic material
Machinery for finishing paper or paperboard: Paper laminating machine
Machinery for finishing paper or paperboard: Other
Parts : Of machinery for making pulp of fibrous cellulosic material
Parts : Other
India’s Exports
FY 2024-25₹146 Cr
0.0040% of India’s total exports
India’s Imports
FY 2024-25₹745 Cr
0.0123% of India’s total imports
Trade Balance
FY 2024-25−₹599 Cr
Surplus rank #12001 of 12657 HSN codes
% of Sub-Chapter 8439
FY 2024-2520.88%
Share of Sub-Chapter 8439’s total exports in FY 2024-25
Import side: 42.10% of Sub-Chapter 8439’s imports
Rank Within Sub-Chapter 8439
FY 2024-25#3 of 6
Position by export value among HSN codes in Sub-Chapter 8439
Import-side rank: #1 of 6
At a glance
12.80%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2182
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+219.86%
Peak Growth Year
FY 2022-23 · strongest single-year move
20.88%
Contribution to Sub-Ch. 8439
Share of Sub-Chapter 8439 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−102.24
Exports
71.10 ₹ Cr
0.0031% share
— YoY
19.30% of Sub-Ch. 8439
Imports
173.34 ₹ Cr
0.0048% share
— YoY
23.60% of Sub-Ch. 8439
Balance
−93.65
Exports
45.06 ₹ Cr
0.0020% share
−36.62% YoY
14.00% of Sub-Ch. 8439
Imports
138.71 ₹ Cr
0.0041% share
−19.98% YoY
17.60% of Sub-Ch. 8439
Balance
−300.66
Exports
26.73 ₹ Cr
0.0012% share
−40.68% YoY
8.49% of Sub-Ch. 8439
Imports
327.39 ₹ Cr
0.0112% share
+136.02% YoY
25.21% of Sub-Ch. 8439
Balance
−198.51
Exports
33.13 ₹ Cr
0.0011% share
+23.94% YoY
9.59% of Sub-Ch. 8439
Imports
231.64 ₹ Cr
0.0051% share
−29.25% YoY
23.66% of Sub-Ch. 8439
Balance
−135.12
Exports
105.97 ₹ Cr
0.0029% share
+219.86% YoY
16.93% of Sub-Ch. 8439
Imports
241.09 ₹ Cr
0.0042% share
+4.08% YoY
24.10% of Sub-Ch. 8439
Balance
−312.34
Exports
155.57 ₹ Cr
0.0043% share
+46.81% YoY
18.89% of Sub-Ch. 8439
Imports
467.91 ₹ Cr
0.0083% share
+94.08% YoY
33.99% of Sub-Ch. 8439
Balance
−598.62
Exports
146.45 ₹ Cr
0.0040% share
−5.86% YoY
20.88% of Sub-Ch. 8439
Imports
745.07 ₹ Cr
0.0123% share
+59.23% YoY
42.10% of Sub-Ch. 8439
CAGR · 7-Year
Exports
12.80% /yr
Imports
27.51% /yr
reference, FY 2024-25
Export
₹701.42 Cr
Import
₹1,769.97 Cr
Trade Balance
−1,068.55
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.
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.
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.
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.
India's imports under HSN Code 84392000 have grown at 27.51% CAGR, reaching ₹745.07 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 84392000 and GST compliance.
It includes Wire stitching machinery
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
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.
Under HSN 84392000, Machinery / For Industrial Plant Project attracts Varies when sold in taxable form. Describe the exact form on the invoice.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.