--- title: "HSN Code for Capstan Lathe | HSN 84589931 GST Rate" description: "Find HSN and GST Rates for 84589931 related to Capstan Lathe with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84589931/" --- # HSN Code 84589931: Capstan Lathe - [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 8458: Metal Lathes](https://busy.in/hsn/sub-chapter-8458/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other lathes : Other : Capstans, turrets, capstan and turret combination, coping, multi tool and production lathes : Capstans lathes | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84589931 ? It includes Crankshaft Lathes ### Do e‑way bill and e‑invoice apply for Capstan Lathe? 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 Capstan Lathe? 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 Capstan Lathe is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Capstan Lathe; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Capstan Lathe? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Capstan Lathe? Under HSN 84589931, Capstan Lathe attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 84589931 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore — 0.0000% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5210 of 12657 HSN codes - Share of Sub-Chapter 8458: 0.03% of its exports; import side 0.00% - Rank within Sub-Chapter 8458: #16 of 20 by export value ### Key metrics - National export rank: #9672 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: −5.13% in FY 2022-23 - Contribution to Sub-Ch. 8458: 0.03% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84589931 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. 8458 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8458 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.00% | −0.05 | — | | FY 2019-20 | < ₹1 Crore | 0.0000% | — | 0.01% | Nil | 0.0000% | −100.00% | 0.00% | +0.02 | #9717 | | FY 2020-21 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | — | 0.00% | −0.01 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.19% | < ₹1 Crore | 0.0000% | +1,400.00% | 0.01% | +0.24 | #8745 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −5.13% | 0.15% | < ₹1 Crore | 0.0000% | −93.33% | 0.00% | +0.36 | #8913 | | FY 2023-24 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | 0.00 | — | | FY 2024-25 | < ₹1 Crore | 0.0000% | — | 0.03% | Nil | 0.0000% | — | 0.00% | +0.12 | #9672 | ## Key trade insights: HSN Code 84589931 export-import analysis ### Export snapshot for HSN Code 84589931 India exported ₹0.12 Crore worth of Capstan Lathe in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 84589931 ranked #9672 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84589931 ranks #9672 out of 12657 HSN codes by total export value. Within Sub-Chapter 8458, it ranks #16 of 20. By trade surplus, it ranks #5210 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 84589931 exports The strongest single-year export movement for HSN Code 84589931 was recorded in FY 2022-23, when exports declined by 5.13% over the prior year. ### India maintains a trade surplus of ₹0.12 Crore in HSN Code 84589931 goods In FY 2024-25, India's exports of ₹0.12 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.12 Crore — ranking #5210 of 12657 by surplus magnitude. ### HSN Code 84589931 contributes 0.03% of Sub-Chapter 8458 exports — ranked #16 Among the 20 HSN codes under Sub-Chapter 8458, HSN Code 84589931 ranks #16 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 8458 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84581100: Horizontal lathes : Numerically controlled](https://busy.in/hsn/hsn-84581100/) | ₹233 Cr | | #2 | [HSN Code 84589100: Other Lathes \| Numerically Controlled](https://busy.in/hsn/hsn-84589100/) | ₹59 Cr | | #3 | [HSN Code 84581990: Horizontal Lathes \| Other](https://busy.in/hsn/hsn-84581990/) | ₹35 Cr | | #4 | [HSN Code 84589951: Other lathes: Tool-room type](https://busy.in/hsn/hsn-84589951/) | ₹29 Cr | | #5 | [HSN Code 84589990: Other lathes : Other : Centre lathes : Other](https://busy.in/hsn/hsn-84589990/) | ₹20 Cr | | #6 | [HSN Code 84589943: Wheel & Axle Lathes](https://busy.in/hsn/hsn-84589943/) | ₹11 Cr | | #7 | [HSN Code 84581911: Automatic Single Spindle Horizontal Bar Lathes (Swiss Type) 46](https://busy.in/hsn/hsn-84581911/) | ₹6 Cr | | #8 | [HSN Code 84589959: Other lathes : Other : Centre lathes : Other](https://busy.in/hsn/hsn-84589959/) | ₹3 Cr | | #9 | [HSN Code 84589932: Turret Lathes](https://busy.in/hsn/hsn-84589932/) | ₹1 Cr | | #10 | [HSN Code 84581913: Automatic Single Spindle Horizontal Lathes: Horizontal Chucking](https://busy.in/hsn/hsn-84581913/) | < ₹1 Crore | | #16 | HSN Code 84589931: Capstan Lathe (this hsn code) | < ₹1 Crore |