HSN Code 84589920: Automatic, multi-spindle lathes

HSN Code 84589920 represents Automatic, multi-spindle lathes under GST classification. This code helps businesses identify Automatic, multi-spindle lathes correctly for billing, taxation, and trade. With HSN Code 84589920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Automatic, multi-spindle lathes.

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Description of Goods for HSN Code 84589920

HSN Code 84589920 relates to the following description.

Description of Goods

Other lathes : Other : Automatic, multi-spindle chucking

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 84589920 not include?

Automatic, multi-spindle lathes does not include products with the following descriptions.

HSN Code 84581911

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

HSN Code 84581912

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

HSN Code 84581913

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

HSN Code 84589931

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

HSN Code 84589932

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

HSN Code 84589933

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

HSN Code 84589934

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

HSN Code 84589935

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

HSN Code 84589941

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

HSN Code 84589942

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

HSN Code 84589943

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

India’s Trade Performance — HSN Code 84589920 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

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹9 Cr

+1,594.12% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹8 Cr

Trade Deficit

Surplus rank #8944 of 12657 HSN codes

% of Sub-Chapter 8458

FY 2024-25

0.06%

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

Import side: 0.35% of Sub-Chapter 8458’s imports

Rank Within Sub-Chapter 8458

FY 2024-25

#14 of 20

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

Import-side rank: #9 of 20

At a glance

−19.42%

Export CAGR

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

#9345

National Export Rank

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

+263.64%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.06%

Contribution to Sub-Ch. 8458

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

India Export-Import Trade Statistics for HSN Code 84589920

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

−1.46

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.37% of Sub-Ch. 8458

Imports

2.30 ₹ Cr

0.0001% share

— YoY

0.16% of Sub-Ch. 8458

FY 2019-20 Exp. Rank #7342

Balance

−6.59

Exports

1.32 ₹ Cr

0.0001% share

+57.14% YoY

0.66% of Sub-Ch. 8458

Imports

7.91 ₹ Cr

0.0002% share

+243.91% YoY

0.61% of Sub-Ch. 8458

FY 2020-21 Exp. Rank #9183

Balance

−2.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−91.67% YoY

0.05% of Sub-Ch. 8458

Imports

2.19 ₹ Cr

0.0001% share

−72.31% YoY

0.23% of Sub-Ch. 8458

FY 2021-22 Exp. Rank #8724

Balance

−0.74

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+263.64% YoY

0.19% of Sub-Ch. 8458

Imports

1.14 ₹ Cr

0.0000% share

−47.95% YoY

0.10% of Sub-Ch. 8458

FY 2022-23 Exp. Rank #10292

Balance

−0.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−97.50% YoY

0.00% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−82.46% YoY

0.01% of Sub-Ch. 8458

FY 2023-24

Balance

−0.51

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+155.00% YoY

0.02% of Sub-Ch. 8458

FY 2024-25 Exp. Rank #9345

Balance

−8.41

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.06% of Sub-Ch. 8458

Imports

8.64 ₹ Cr

0.0001% share

+1,594.12% YoY

0.35% of Sub-Ch. 8458

CAGR · 7-Year

Exports

−19.42% /yr

Imports

24.68% /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 84589920 Export-Import Analysis

Export Decline: −19.42% CAGR Over 7 Years

India's exports under HSN Code 84589920 have declined at a compound annual rate of −19.42% over 7 fiscal years, falling from ₹0.84 Crore in FY 2018-19 to ₹0.23 Crore in FY 2024-25.

HSN Code 84589920 Ranked #9345 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84589920 ranks #9345 out of 12657 HSN codes by total export value. Within Sub-Chapter 8458, it ranks #14 of 20. By trade surplus, it ranks #8944 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 84589920 Exports

The strongest single-year export movement for HSN Code 84589920 was recorded in FY 2021-22, when exports surged by 263.64% over the prior year.

India Records a Trade Deficit of ₹8.41 Crore in HSN Code 84589920 Goods

In FY 2024-25, India's imports of ₹8.64 Cr exceeded exports of ₹0.23 Cr, resulting in a trade deficit of ₹8.41 Crore — ranking #8944 of 12657 by surplus magnitude.

Import Growth of 24.68% CAGR Signals Rising Demand for Automatic, multi-spindle lathes

India's imports under HSN Code 84589920 have grown at 24.68% CAGR, reaching ₹8.64 Crore in FY 2024-25.

HSN Code 84589920 Contributes 0.06% of Sub-Chapter 8458 Exports — Ranked #14

Among the 20 HSN codes under Sub-Chapter 8458, HSN Code 84589920 ranks #14 by export value — accounting for 0.06% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.35% share (rank #9).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84589920 and GST compliance.

What products are classified under HSN 84589920 ?

It includes Multi-Tool/Production Lathes

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

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 Automatic, multi-spindle 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.

How should mixed supplies be billed when Automatic, multi-spindle 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 lathes; Nil for exempt items if applicable).

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

Under HSN 84589920, Automatic, multi-spindle lathes attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Automatic, multi-spindle 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.

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.