HSN Code 84589910: Automatic multi-spindle bar lathes

HSN Code 84589910 represents Automatic multi-spindle bar lathes under GST classification. This code helps businesses identify Automatic multi-spindle bar lathes correctly for billing, taxation, and trade. With HSN Code 84589910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Automatic multi-spindle bar lathes.

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 84589910

HSN Code 84589910 relates to the following description.

Description of Goods

Other lathes : Other : Automatic, multi-spindle bar

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 84589910 not include?

Automatic multi-spindle bar lathes 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 84589910 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

< ₹1 Crore

−48.75% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹8 Cr

−23.71% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹7 Cr

Trade Deficit

Surplus rank #8851 of 12657 HSN codes

% of Sub-Chapter 8458

FY 2024-25

0.10%

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

Import side: 0.32% of Sub-Chapter 8458’s imports

Rank Within Sub-Chapter 8458

FY 2024-25

#11 of 20

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

Import-side rank: #10 of 20

At a glance

−11.27%

Export CAGR

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

#8974

National Export Rank

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

+5,450.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.10%

Contribution to Sub-Ch. 8458

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

India Export-Import Trade Statistics for HSN Code 84589910

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 #7774

Balance

−10.99

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.37% of Sub-Ch. 8458

Imports

11.83 ₹ Cr

0.0003% share

YoY

0.82% of Sub-Ch. 8458

FY 2019-20 Exp. Rank #7083

Balance

−1.02

Exports

1.73 ₹ Cr

0.0001% share

+105.95% YoY

0.87% of Sub-Ch. 8458

Imports

2.75 ₹ Cr

0.0001% share

−76.75% YoY

0.21% of Sub-Ch. 8458

FY 2020-21 Exp. Rank #9824

Balance

−7.91

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−98.84% YoY

0.01% of Sub-Ch. 8458

Imports

7.93 ₹ Cr

0.0003% share

+188.36% YoY

0.84% of Sub-Ch. 8458

FY 2021-22 Exp. Rank #7884

Balance

−2.08

Exports

1.11 ₹ Cr

0.0000% share

+5,450.00% YoY

0.53% of Sub-Ch. 8458

Imports

3.19 ₹ Cr

0.0001% share

−59.77% YoY

0.27% of Sub-Ch. 8458

FY 2022-23 Exp. Rank #9522

Balance

−3.28

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−88.29% YoY

0.05% of Sub-Ch. 8458

Imports

3.41 ₹ Cr

0.0001% share

+6.90% YoY

0.22% of Sub-Ch. 8458

FY 2023-24 Exp. Rank #8434

Balance

−9.28

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+515.38% YoY

0.19% of Sub-Ch. 8458

Imports

10.08 ₹ Cr

0.0002% share

+195.60% YoY

0.48% of Sub-Ch. 8458

FY 2024-25 Exp. Rank #8974

Balance

−7.28

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−48.75% YoY

0.10% of Sub-Ch. 8458

Imports

7.69 ₹ Cr

0.0001% share

−23.71% YoY

0.32% of Sub-Ch. 8458

CAGR · 7-Year

Exports

−11.27% /yr

Imports

−6.93% /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 84589910 Export-Import Analysis

Export Decline: −11.27% CAGR Over 7 Years

India's exports under HSN Code 84589910 have declined at a compound annual rate of −11.27% over 7 fiscal years, falling from ₹0.84 Crore in FY 2018-19 to ₹0.41 Crore in FY 2024-25.

HSN Code 84589910 Ranked #8974 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84589910 ranks #8974 out of 12657 HSN codes by total export value. Within Sub-Chapter 8458, it ranks #11 of 20. By trade surplus, it ranks #8851 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 84589910 Exports

The strongest single-year export movement for HSN Code 84589910 was recorded in FY 2021-22, when exports surged by 5,450.00% over the prior year.

India Records a Trade Deficit of ₹7.28 Crore in HSN Code 84589910 Goods

In FY 2024-25, India's imports of ₹7.69 Cr exceeded exports of ₹0.41 Cr, resulting in a trade deficit of ₹7.28 Crore — ranking #8851 of 12657 by surplus magnitude.

Import Growth of −6.93% CAGR Signals Stable Import Dependency for Automatic multi-spindle bar lathes

India's imports under HSN Code 84589910 have grown at −6.93% CAGR, reaching ₹7.69 Crore in FY 2024-25.

HSN Code 84589910 Contributes 0.10% of Sub-Chapter 8458 Exports — Ranked #11

Among the 20 HSN codes under Sub-Chapter 8458, HSN Code 84589910 ranks #11 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.32% share (rank #10).

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 84589910 and GST compliance.

What products are classified under HSN 84589910 ?

It includes Copying Lathe

Do e‑way bill and e‑invoice apply for Automatic multi-spindle bar lathes?

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.

Does packaging or labelling change the GST for Automatic multi-spindle bar lathes?

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.

Any common misclassification issue with Automatic multi-spindle bar lathes?

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 Automatic multi-spindle bar lathes is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Automatic multi-spindle bar lathes; Nil for exempt items if applicable).

How much GST applies to Automatic multi-spindle bar lathes?

Under HSN 84589910, Automatic multi-spindle bar lathes attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Automatic multi-spindle bar lathes?

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.