HSN Code 84581990: Horizontal Lathes | Other

HSN Code 84581990 represents Horizontal Lathes | Other under GST classification. This code helps businesses identify Horizontal Lathes | Other correctly for billing, taxation, and trade. With HSN Code 84581990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Horizontal Lathes | Other.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 84581990

HSN Code 84581990 relates to the following description.

Description of Goods

Horizontal lathes : Other : Other

Chapter

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

Sub Chapter

8458 - Lathes (including turning centres) for removing metal

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84581990 not include?

Horizontal Lathes | Other does not include products with the following descriptions.

Horizontal lathes : Other : Automatic, single spindle : Horizontal bar, swiss type

Horizontal lathes : Other : Automatic, single spindle : Base sliding head type

Horizontal lathes : Other : Automatic, single spindle : Horizontal chucking

Other lathes : Other : Capstans, turrets, capstan and turret combination, coping, multi tool and production lathes : Capstans lathes

Other lathes : Other : Capstans, turrets, capstan and turret combination, coping, multi tool and production lathes : Turrets lathes

Other lathes : Other : Capstans, turrets, capstan and turret combination, coping, multi tool and production lathes : Capstan and turret combination lathes

Other lathes : Other : Capstans, turrets, capstan and turret combination, coping, multi tool and production lathes : Copying lathes

Other lathes : Other : Capstans, turrets, capstan and turret combination, coping, multi tool and production lathes : Multi-tool and production lathes

Other lathes : Other : Crankshaft, relieving, wheel and axle lathes : Crankshaft lathes

Other lathes : Other : Crankshaft, relieving, wheel and axle lathes : Relieving lathes

Other lathes : Other : Crankshaft, relieving, wheel and axle lathes : Wheel and axle lathes

India’s Trade Performance — HSN Code 84581990 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

₹35 Cr

−44.31% vs FY 2023-24

0.0010% of India’s total exports

India’s Imports

FY 2024-25

₹148 Cr

−17.23% vs FY 2023-24

0.0024% of India’s total imports

Trade Balance

FY 2024-25

−₹113 Cr

Trade Deficit

Surplus rank #10891 of 12657 HSN codes

% of Sub-Chapter 8458

FY 2024-25

8.78%

Share of Sub-Chapter 8458’s total exports in FY 2024-25

Import side: 6.06% of Sub-Chapter 8458’s imports

Rank Within Sub-Chapter 8458

FY 2024-25

#3 of 20

Position by export value among HSN codes in Sub-Chapter 8458

Import-side rank: #4 of 20

At a glance

−8.88%

Export CAGR

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

#4109

National Export Rank

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

+26.14%

Peak Growth Year

FY 2021-22 · strongest single-year move

8.78%

Contribution to Sub-Ch. 8458

Share of Sub-Chapter 8458 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84581990

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 #2589

Balance

−149.45

Exports

61.36 ₹ Cr

0.0027% share

YoY

26.83% of Sub-Ch. 8458

Imports

210.81 ₹ Cr

0.0059% share

YoY

14.62% of Sub-Ch. 8458

FY 2019-20 Exp. Rank #2967

Balance

−119.83

Exports

47.08 ₹ Cr

0.0021% share

−23.27% YoY

23.70% of Sub-Ch. 8458

Imports

166.91 ₹ Cr

0.0050% share

−20.82% YoY

12.93% of Sub-Ch. 8458

FY 2020-21 Exp. Rank #3161

Balance

−43.75

Exports

42.54 ₹ Cr

0.0020% share

−9.64% YoY

21.20% of Sub-Ch. 8458

Imports

86.29 ₹ Cr

0.0030% share

−48.30% YoY

9.12% of Sub-Ch. 8458

FY 2021-22 Exp. Rank #3271

Balance

−100.26

Exports

53.66 ₹ Cr

0.0017% share

+26.14% YoY

25.59% of Sub-Ch. 8458

Imports

153.92 ₹ Cr

0.0034% share

+78.38% YoY

12.91% of Sub-Ch. 8458

FY 2022-23 Exp. Rank #3473

Balance

−116.58

Exports

50.06 ₹ Cr

0.0014% share

−6.71% YoY

20.09% of Sub-Ch. 8458

Imports

166.64 ₹ Cr

0.0029% share

+8.26% YoY

10.57% of Sub-Ch. 8458

FY 2023-24 Exp. Rank #3213

Balance

−115.47

Exports

63.05 ₹ Cr

0.0017% share

+25.95% YoY

14.72% of Sub-Ch. 8458

Imports

178.52 ₹ Cr

0.0032% share

+7.13% YoY

8.50% of Sub-Ch. 8458

FY 2024-25 Exp. Rank #4109

Balance

−112.65

Exports

35.11 ₹ Cr

0.0010% share

−44.31% YoY

8.78% of Sub-Ch. 8458

Imports

147.76 ₹ Cr

0.0024% share

−17.23% YoY

6.06% of Sub-Ch. 8458

CAGR · 7-Year

Exports

−8.88% /yr

Imports

−5.75% /yr

Consistently Deficit
Sub-Chapter 8458 total

reference, FY 2024-25

Export

₹400.06 Cr

Import

₹2,436.60 Cr

Trade Balance

−2,036.54

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

Key Trade Insights: HSN Code 84581990 Export-Import Analysis

Export Decline: −8.88% CAGR Over 7 Years

India's exports under HSN Code 84581990 have declined at a compound annual rate of −8.88% over 7 fiscal years, falling from ₹61.36 Crore in FY 2018-19 to ₹35.11 Crore in FY 2024-25.

HSN Code 84581990 Ranked #4109 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84581990 ranks #4109 out of 12657 HSN codes by total export value. Within Sub-Chapter 8458, it ranks #3 of 20. By trade surplus, it ranks #10891 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 84581990 Exports

The strongest single-year export movement for HSN Code 84581990 was recorded in FY 2021-22, when exports surged by 26.14% over the prior year.

India Records a Trade Deficit of ₹112.65 Crore in HSN Code 84581990 Goods

In FY 2024-25, India's imports of ₹147.76 Cr exceeded exports of ₹35.11 Cr, resulting in a trade deficit of ₹112.65 Crore — ranking #10891 of 12657 by surplus magnitude.

Import Growth of −5.75% CAGR Signals Stable Import Dependency for Horizontal Lathes | Other

India's imports under HSN Code 84581990 have grown at −5.75% CAGR, reaching ₹147.76 Crore in FY 2024-25.

HSN Code 84581990 Contributes 8.78% of Sub-Chapter 8458 Exports — Ranked #3

Among the 20 HSN codes under Sub-Chapter 8458, HSN Code 84581990 ranks #3 by export value — accounting for 8.78% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.06% share (rank #4).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 84581990 and GST compliance.

What products are classified under HSN 84581990 ?

It includes Turret Lathes

How much GST applies to Horizontal Lathes / Other?

Under HSN 84581990, Horizontal Lathes / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Horizontal Lathes / Other?

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.

Can we claim ITC on inputs used to trade Horizontal Lathes / Other?

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

Does packaging or labelling change the GST for Horizontal Lathes / Other?

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 should mixed supplies be billed when Horizontal Lathes / Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Horizontal Lathes / Other; Nil for exempt items if applicable).

Any common misclassification issue with Horizontal Lathes / Other?

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

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.