HSN Code 84423020: Machinery, apparatus and equipment : Chases

HSN Code 84423020 represents Machinery, apparatus and equipment : Chases under GST classification. This code helps businesses identify Machinery, apparatus and equipment : Chases correctly for billing, taxation, and trade. With HSN Code 84423020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Machinery, apparatus and equipment : Chases.

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Description of Goods for HSN Code 84423020

HSN Code 84423020 relates to the following description.

Description of Goods

Machinery, apparatus and equipment : Chases

Chapter

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

Sub Chapter

8442 - Machinery, apparatus and equipment (other then the machine tools of headings 8456 to 8465) for preparing or making plates, printing components; plates, cylinders and other printing components; plates, cylinders and litho graphic stones, prepared for printing purposes (for example, planed, grained or polished)

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84423020 not include?

Machinery, apparatus and equipment : Chases does not include products with the following descriptions.

Machinery, apparatus and equipment (other than the machine-tools of headings 8456 to 8465), for type-founding or type-setting, for preparing or making printing blocks, plates, cylinders or other printing components; printing type, blocks, plates, cylinders and other printing components; blocks, plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) phototype-setting and composing machines

Machinery, apparatus and equipment (other than the machine-tools of headings 8456 to 8465), for type-founding or type-setting, for preparing or making printing blocks, plates, cylinders or other printing components; printing type, blocks, plates, cylinders and other printing components; blocks, plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) machinery, apparatus and equipment for type-setting or composing by other processes, with or without founding device: stereo-typing apparatus

Machinery, apparatus and equipment (other than the machine-tools of headings 8456 to 8465), for type-founding or type-setting, for preparing or making printing blocks, plates, cylinders or other printing components; printing type, blocks, plates, cylinders and other printing components; blocks, plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) - machinery, apparatus and equipment for type-setting or composing by other processes, with or without founding device: type-casting (founding) machines

Machinery, apparatus and equipment (other than the machine-tools of headings 8456 to 8465), for type-founding or type-setting, for preparing or making printing blocks, plates, cylinders or other printing components; printing type, blocks, plates, cylinders and other printing components; blocks, plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) - machinery, apparatus and equipment for type-setting or composing by other processes, with or without founding device: type-setting machines

Machinery, apparatus and equipment (other than the machine-tools of headings 8456 to 8465), for type-founding or type-setting, for preparing or making printing blocks, plates, cylinders or other printing components; printing type, blocks, plates, cylinders and other printing components; blocks, plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) - machinery, apparatus and equipment for type-setting or composing by other processes, with or without founding device: other

Plates, cylinders and other printing components; plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) : Plates and cylinders

Plates, cylinders and other printing components; plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) : Lithographic plates

Plates, cylinders and other printing components; plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) : Plate, cylinder and lithographic stones prepared for printing purposes : Plate and cylinder for textile printing machine

Machinery, apparatus and equipment (other than the machine-tools of headings 8456 to 8465), for type-founding or type-setting, for preparing or making printing blocks, plates, cylinders or other printing components; printing type, blocks, plates, cylinders and other printing components; blocks, plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) - printing type, blocks, plates, cylinders and other printing components; blocks, plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) - plate, block, cylinder and lithographic stones prepared for printing purposes: printing blocks

Plates, cylinders and other printing components; plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) : Plate, cylinder and lithographic stones prepared for printing purposes : Other

Plates, cylinders and other printing components; plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) : Highly polished copper sheets for making blocks

Plates, cylinders and other printing components; plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) : Highly polished zinc sheets for making process blocks

Machinery, apparatus and equipment (other than the machine-tools of headings 8456 to 8465), for type-founding or type-setting, for preparing or making printing blocks, plates, cylinders or other printing components; printing type, blocks, plates, cylinders and other printing components; blocks, plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) - printing type, blocks, plates, cylinders and other printing components; blocks, plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished): highly polished zinc sheets for making process blocks

Plates, cylinders and other printing components; plates, cylinders and lithographic stones, prepared for printing purposes (for example, planed, grained or polished) : Other

India’s Trade Performance — HSN Code 84423020 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

₹2 Cr

+831.82% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+28.57% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹2 Cr

Trade Surplus

Surplus rank #4236 of 12657 HSN codes

% of Sub-Chapter 8442

FY 2024-25

1.31%

Share of Sub-Chapter 8442’s total exports in FY 2024-25

Import side: 0.02% of Sub-Chapter 8442’s imports

Rank Within Sub-Chapter 8442

FY 2024-25

#8 of 18

Position by export value among HSN codes in Sub-Chapter 8442

Import-side rank: #9 of 18

At a glance

116.33%

Export CAGR

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

#7577

National Export Rank

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

+831.82%

Peak Growth Year

FY 2024-25 · strongest single-year move

1.31%

Contribution to Sub-Ch. 8442

Share of Sub-Chapter 8442 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84423020

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 #9774

Balance

+0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 8442

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8442

FY 2019-20 Exp. Rank #9870

Balance

−0.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.01% of Sub-Ch. 8442

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 8442

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8442

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8442

FY 2021-22

Balance

−0.04

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 8442

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 8442

FY 2022-23 Exp. Rank #9967

Balance

−0.69

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.04% of Sub-Ch. 8442

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+1,725.00% YoY

0.12% of Sub-Ch. 8442

FY 2023-24 Exp. Rank #9379

Balance

+0.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+450.00% YoY

0.18% of Sub-Ch. 8442

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−90.41% YoY

0.01% of Sub-Ch. 8442

FY 2024-25 Exp. Rank #7577

Balance

+1.96

Exports

2.05 ₹ Cr

0.0001% share

+831.82% YoY

1.31% of Sub-Ch. 8442

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+28.57% YoY

0.02% of Sub-Ch. 8442

CAGR · 7-Year

Exports

116.33% /yr

Imports

Consistently Surplus
Sub-Chapter 8442 total

reference, FY 2024-25

Export

₹156.06 Cr

Import

₹595.09 Cr

Trade Balance

−439.03

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

Key Trade Insights: HSN Code 84423020 Export-Import Analysis

Consistent Export Growth: 116.33% CAGR Over 7 Years

India's exports under HSN Code 84423020 have grown at a compound annual rate of 116.33% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹2.05 Crore in FY 2024-25.

HSN Code 84423020 Ranked #7577 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84423020 ranks #7577 out of 12657 HSN codes by total export value. Within Sub-Chapter 8442, it ranks #8 of 18. By trade surplus, it ranks #4236 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 84423020 Exports

The strongest single-year export movement for HSN Code 84423020 was recorded in FY 2024-25, when exports surged by 831.82% over the prior year.

India Maintains a Trade Surplus of ₹1.96 Crore in HSN Code 84423020 Goods

In FY 2024-25, India's exports of ₹2.05 Cr exceeded imports of ₹0.09 Cr, resulting in a trade surplus of ₹1.96 Crore — ranking #4236 of 12657 by surplus magnitude.

HSN Code 84423020 Contributes 1.31% of Sub-Chapter 8442 Exports — Ranked #8

Among the 18 HSN codes under Sub-Chapter 8442, HSN Code 84423020 ranks #8 by export value — accounting for 1.31% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #9).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84423020 and GST compliance.

What products are classified under HSN 84423020 ?

It includes Plate For Textile Printing Machine

Does packaging or labelling change the GST for Machinery, apparatus and equipment : Chases?

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.

Can we claim ITC on inputs used to trade Machinery, apparatus and equipment : Chases?

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 Machinery, apparatus and equipment : Chases is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Machinery, apparatus and equipment : Chases; Nil for exempt items if applicable).

Any common misclassification issue with Machinery, apparatus and equipment : Chases?

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

How much GST applies to Machinery, apparatus and equipment : Chases?

Under HSN 84423020, Machinery, apparatus and equipment : Chases attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Machinery, apparatus and equipment : Chases?

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.

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.