HSN Code 84589933: Capstan/Turret Combination Lathes

HSN Code 84589933 represents Capstan/Turret Combination Lathes under GST classification. This code helps businesses identify Capstan/Turret Combination Lathes correctly for billing, taxation, and trade. With HSN Code 84589933, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Capstan/Turret Combination Lathes.

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Description of Goods for HSN Code 84589933

HSN Code 84589933 relates to the following description.

Description of Goods

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

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 84589933 not include?

Capstan/Turret Combination 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 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 84589933 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+1,500.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7588 of 12657 HSN codes

% of Sub-Chapter 8458

FY 2024-25

0.00%

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

Import side: 0.01% of Sub-Chapter 8458’s imports

At a glance

+400.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.00%

Contribution to Sub-Ch. 8458

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

India Export-Import Trade Statistics for HSN Code 84589933

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

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8458

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8458

FY 2019-20 Exp. Rank #8846

Balance

+0.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.10% of Sub-Ch. 8458

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8458

FY 2020-21

Balance

−0.03

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8458

FY 2021-22 Exp. Rank #10198

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8458

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8458

FY 2022-23 Exp. Rank #9890

Balance

+0.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+400.00% YoY

0.02% of Sub-Ch. 8458

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8458

FY 2023-24 Exp. Rank #9628

Balance

+0.12

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+180.00% YoY

0.03% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8458

FY 2024-25

Balance

−0.32

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+1,500.00% YoY

0.01% of Sub-Ch. 8458

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 84589933 Export-Import Analysis

Export Snapshot for HSN Code 84589933

India exported ₹0.00 Crore worth of Capstan/Turret Combination Lathes in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2022-23 Was the Strongest Growth Year for HSN Code 84589933 Exports

The strongest single-year export movement for HSN Code 84589933 was recorded in FY 2022-23, when exports surged by 400.00% over the prior year.

India Records a Trade Deficit of ₹0.32 Crore in HSN Code 84589933 Goods

In FY 2024-25, India's imports of ₹0.32 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.32 Crore — ranking #7588 of 12657 by surplus magnitude.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84589933 and GST compliance.

What products are classified under HSN 84589933 ?

It includes Wheel & Axle Lathes

How much GST applies to Capstan/Turret Combination Lathes?

Under HSN 84589933, Capstan/Turret Combination Lathes attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Capstan/Turret Combination 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.

Do e‑way bill and e‑invoice apply for Capstan/Turret Combination 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.

How should mixed supplies be billed when Capstan/Turret Combination Lathes is sold with other items?

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

Can we claim ITC on inputs used to trade Capstan/Turret Combination Lathes?

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

Any common misclassification issue with Capstan/Turret Combination Lathes?

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.