HSN Code 84573090: Parts of Machinery for Making Integrated Circuits

HSN Code 84573090 represents Parts of Machinery for Making Integrated Circuits under GST classification. This code helps businesses identify Parts of Machinery for Making Integrated Circuits correctly for billing, taxation, and trade. With HSN Code 84573090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Parts of Machinery for Making Integrated Circuits.

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Description of Goods for HSN Code 84573090

HSN Code 84573090 relates to the following description.

Description of Goods

Multi-station transfer machines : Other

Chapter

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

Sub Chapter

8457 - Machining centres, unit construction machines (single station) and multi-station transfer machines for working metal

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84573090 not include?

Parts of Machinery for Making Integrated Circuits does not include products with the following descriptions.

India’s Trade Performance — HSN Code 84573090 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

₹24 Cr

+1,260.69% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

₹222 Cr

+31.89% vs FY 2023-24

0.0037% of India’s total imports

Trade Balance

FY 2024-25

−₹199 Cr

Trade Deficit

Surplus rank #11309 of 12657 HSN codes

% of Sub-Chapter 8457

FY 2024-25

6.27%

Share of Sub-Chapter 8457’s total exports in FY 2024-25

Import side: 5.33% of Sub-Chapter 8457’s imports

Rank Within Sub-Chapter 8457

FY 2024-25

#3 of 8

Position by export value among HSN codes in Sub-Chapter 8457

Import-side rank: #3 of 8

At a glance

41.93%

Export CAGR

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

#4641

National Export Rank

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

+1,260.69%

Peak Growth Year

FY 2024-25 · strongest single-year move

6.27%

Contribution to Sub-Ch. 8457

Share of Sub-Chapter 8457 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84573090

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 #6524

Balance

−165.77

Exports

2.88 ₹ Cr

0.0001% share

YoY

2.39% of Sub-Ch. 8457

Imports

168.65 ₹ Cr

0.0047% share

YoY

4.47% of Sub-Ch. 8457

FY 2019-20 Exp. Rank #7406

Balance

−95.72

Exports

1.22 ₹ Cr

0.0001% share

−57.64% YoY

1.39% of Sub-Ch. 8457

Imports

96.94 ₹ Cr

0.0029% share

−42.52% YoY

3.47% of Sub-Ch. 8457

FY 2020-21 Exp. Rank #7055

Balance

−36.77

Exports

1.87 ₹ Cr

0.0001% share

+53.28% YoY

2.09% of Sub-Ch. 8457

Imports

38.64 ₹ Cr

0.0013% share

−60.14% YoY

2.02% of Sub-Ch. 8457

FY 2021-22 Exp. Rank #6749

Balance

−100.75

Exports

3.50 ₹ Cr

0.0001% share

+87.17% YoY

2.22% of Sub-Ch. 8457

Imports

104.25 ₹ Cr

0.0023% share

+169.80% YoY

3.89% of Sub-Ch. 8457

FY 2022-23 Exp. Rank #6945

Balance

−114.46

Exports

3.16 ₹ Cr

0.0001% share

−9.71% YoY

1.60% of Sub-Ch. 8457

Imports

117.62 ₹ Cr

0.0020% share

+12.82% YoY

3.85% of Sub-Ch. 8457

FY 2023-24 Exp. Rank #7722

Balance

−166.66

Exports

1.73 ₹ Cr

0.0000% share

−45.25% YoY

0.42% of Sub-Ch. 8457

Imports

168.39 ₹ Cr

0.0030% share

+43.16% YoY

4.35% of Sub-Ch. 8457

FY 2024-25 Exp. Rank #4641

Balance

−198.55

Exports

23.54 ₹ Cr

0.0006% share

+1,260.69% YoY

6.27% of Sub-Ch. 8457

Imports

222.09 ₹ Cr

0.0037% share

+31.89% YoY

5.33% of Sub-Ch. 8457

CAGR · 7-Year

Exports

41.93% /yr

Imports

4.69% /yr

Consistently Deficit
Sub-Chapter 8457 total

reference, FY 2024-25

Export

₹375.24 Cr

Import

₹4,170.02 Cr

Trade Balance

−3,794.78

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

Key Trade Insights: HSN Code 84573090 Export-Import Analysis

Consistent Export Growth: 41.93% CAGR Over 7 Years

India's exports under HSN Code 84573090 have grown at a compound annual rate of 41.93% over 7 fiscal years, rising from ₹2.88 Crore in FY 2018-19 to ₹23.54 Crore in FY 2024-25.

HSN Code 84573090 Ranked #4641 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84573090 ranks #4641 out of 12657 HSN codes by total export value. Within Sub-Chapter 8457, it ranks #3 of 8. By trade surplus, it ranks #11309 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 84573090 Exports

The strongest single-year export movement for HSN Code 84573090 was recorded in FY 2024-25, when exports surged by 1,260.69% over the prior year.

India Records a Trade Deficit of ₹198.55 Crore in HSN Code 84573090 Goods

In FY 2024-25, India's imports of ₹222.09 Cr exceeded exports of ₹23.54 Cr, resulting in a trade deficit of ₹198.55 Crore — ranking #11309 of 12657 by surplus magnitude.

Import Growth of 4.69% CAGR Signals Stable Import Dependency for Parts of Machinery for Making Integrated Circuits

India's imports under HSN Code 84573090 have grown at 4.69% CAGR, reaching ₹222.09 Crore in FY 2024-25.

HSN Code 84573090 Contributes 6.27% of Sub-Chapter 8457 Exports — Ranked #3

Among the 8 HSN codes under Sub-Chapter 8457, HSN Code 84573090 ranks #3 by export value — accounting for 6.27% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.33% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84573090 and GST compliance.

What products are classified under HSN 84573090 ?

It includes Lathes: Automatic, single spindle: Other

Do e‑way bill and e‑invoice apply for Parts of Machinery for Making Integrated Circuits?

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.

Any common misclassification issue with Parts of Machinery for Making Integrated Circuits?

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

How should mixed supplies be billed when Parts of Machinery for Making Integrated Circuits is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Parts of Machinery for Making Integrated Circuits; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Parts of Machinery for Making Integrated Circuits?

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 Parts of Machinery for Making Integrated Circuits?

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

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.