--- title: "HSN Code for Machinery| Footwear Making/Repair | HSN 84423090 GST Rate" description: "Find HSN and GST Rates for 84423090 related to Machinery| Footwear Making/Repair with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84423090/" --- # HSN Code 84423090: Machinery| Footwear Making/Repair - [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 8442: Plate making Machinery & equipment](https://busy.in/hsn/sub-chapter-8442/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Machinery, apparatus and equipment : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84423090 ? It includes Other Printing Plates/Cylinders ### Can we claim ITC on inputs used to trade Machinery/ Footwear Making/Repair? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Machinery/ Footwear Making/Repair? 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 Machinery/ Footwear Making/Repair? 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. ### Do e‑way bill and e‑invoice apply for Machinery/ Footwear Making/Repair? 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 much GST applies to Machinery/ Footwear Making/Repair? Under HSN 84423090, Machinery/ Footwear Making/Repair attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Machinery/ Footwear Making/Repair is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Machinery/ Footwear Making/Repair; Nil for exempt items if applicable). ## India's trade performance: HSN Code 84423090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹11 Cr (+19.28% YoY) — 0.0003% of India's total exports - Imports: ₹168 Cr (+19.34% YoY) — 0.0028% of India's total imports - Trade balance: −₹157 Cr (Deficit); surplus rank #11145 of 12657 HSN codes - Share of Sub-Chapter 8442: 7.18% of its exports; import side 28.25% - Rank within Sub-Chapter 8442: #5 of 18 by export value; import-side #1 ### Key metrics - Export CAGR: -5.12% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5667 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +150.22% in FY 2021-22 - Contribution to Sub-Ch. 8442: 7.18% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84423090 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. 8442 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8442 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 15.35 | 0.0007% | — | 13.13% | 170.68 | 0.0048% | — | 27.73% | −155.33 | #4437 | | FY 2019-20 | 9.13 | 0.0004% | −40.52% | 9.12% | 135.65 | 0.0041% | −20.52% | 24.50% | −126.52 | #5125 | | FY 2020-21 | 4.56 | 0.0002% | −50.05% | 5.53% | 82.27 | 0.0028% | −39.35% | 27.30% | −77.71 | #6035 | | FY 2021-22 | 11.41 | 0.0004% | +150.22% | 10.74% | 113.18 | 0.0025% | +37.57% | 27.16% | −101.77 | #5310 | | FY 2022-23 | 4.71 | 0.0001% | −58.72% | 4.42% | 113.84 | 0.0020% | +0.58% | 18.21% | −109.13 | #6522 | | FY 2023-24 | 9.39 | 0.0003% | +99.36% | 7.48% | 140.87 | 0.0025% | +23.74% | 25.00% | −131.48 | #5813 | | FY 2024-25 | 11.20 | 0.0003% | +19.28% | 7.18% | 168.12 | 0.0028% | +19.34% | 28.25% | −156.92 | #5667 | - CAGR (7-year): exports -5.12%/yr, imports -0.25%/yr (consistently Deficit) ## Key trade insights: HSN Code 84423090 export-import analysis ### Export decline: -5.12% CAGR over 7 years India's exports under HSN Code 84423090 have declined at a compound annual rate of -5.12% over 7 fiscal years, falling from ₹15.35 Crore in FY 2018-19 to ₹11.20 Crore in FY 2024-25. ### HSN Code 84423090 ranked #5667 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84423090 ranks #5667 out of 12657 HSN codes by total export value. Within Sub-Chapter 8442, it ranks #5 of 18. By trade surplus, it ranks #11145 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 84423090 exports The strongest single-year export movement for HSN Code 84423090 was recorded in FY 2021-22, when exports surged by 150.22% over the prior year. ### India records a trade deficit of ₹156.92 Crore in HSN Code 84423090 goods In FY 2024-25, India's imports of ₹168.12 Cr exceeded exports of ₹11.20 Cr, resulting in a trade deficit of ₹156.92 Crore — ranking #11145 of 12657 by surplus magnitude. ### Import growth of -0.25% CAGR signals stable import dependency for Machinery| Footwear Making/Repair India's imports under HSN Code 84423090 have grown at -0.25% CAGR, reaching ₹168.12 Crore in FY 2024-25. ### HSN Code 84423090 contributes 7.18% of Sub-Chapter 8442 exports — ranked #5 Among the 18 HSN codes under Sub-Chapter 8442, HSN Code 84423090 ranks #5 by export value — accounting for 7.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 28.25% share (rank #1). ## Related HSN Codes in Sub-Chapter 8442 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84425031: Plate For Textile Printing Machine](https://busy.in/hsn/hsn-84425031/) | ₹44 Cr | | #2 | [HSN Code 84425020: Highly Polished Zinc Sheets (Process Blocks)](https://busy.in/hsn/hsn-84425020/) | ₹37 Cr | | #3 | [HSN Code 84425090: Lithographic Plates](https://busy.in/hsn/hsn-84425090/) | ₹30 Cr | | #4 | [HSN Code 84425010: Other Prepared Printing Plates/Stones](https://busy.in/hsn/hsn-84425010/) | ₹20 Cr | | #5 | HSN Code 84423090: Machinery\| Footwear Making/Repair (this hsn code) | ₹11 Cr | | #6 | [HSN Code 84425039: Other Printing Plates/Cylinders](https://busy.in/hsn/hsn-84425039/) | ₹6 Cr | | #7 | [HSN Code 84424000: Parts for printing machinery](https://busy.in/hsn/hsn-84424000/) | ₹6 Cr | | #8 | [HSN Code 84423020: Machinery, apparatus and equipment : Chases](https://busy.in/hsn/hsn-84423020/) | ₹2 Cr | | #9 | [HSN Code 84423010: Machinery, apparatus and equipment : Brass rules](https://busy.in/hsn/hsn-84423010/) | < ₹1 Crore | | #10 | [HSN Code 84425040: Pearlescent Pigment (TiO2 on Mica)](https://busy.in/hsn/hsn-84425040/) | < ₹1 Crore |