--- title: "HSN Code for Multi-Tool/Production Lathes | HSN 84589935 GST Rate" description: "Find HSN and GST Rates for 84589935 related to Multi-Tool/Production Lathes with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84589935/" --- # HSN Code 84589935: Multi-Tool/Production Lathes - [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 : Multi-tool and production lathes | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84589935 ? It includes Other lathes : Other : Centre lathes : Other ### Can we claim ITC on inputs used to trade Multi-Tool/Production Lathes? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Multi-Tool/Production 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 Multi-Tool/Production 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 Multi-Tool/Production 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 Multi-Tool/Production Lathes is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Multi-Tool/Production Lathes; Nil for exempt items if applicable). ### How much GST applies to Multi-Tool/Production Lathes? Under HSN 84589935, Multi-Tool/Production Lathes attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 84589935 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−89.47% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (−99.05% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5519 of 12657 HSN codes - Share of Sub-Chapter 8458: 0.02% of its exports; import side 0.00% - Rank within Sub-Chapter 8458: #17 of 20 by export value; import-side #17 ### Key metrics - Export CAGR: -33.44% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9843 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +65.22% in FY 2023-24 - Contribution to Sub-Ch. 8458: 0.02% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84589935 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 | < ₹1 Crore | 0.0000% | — | 0.40% | < ₹1 Crore | 0.0000% | — | 0.02% | +0.66 | #7701 | | FY 2019-20 | 1.08 | 0.0000% | +17.39% | 0.54% | 2.53 | 0.0001% | +873.08% | 0.20% | −1.45 | #7531 | | FY 2020-21 | 1.48 | 0.0001% | +37.04% | 0.74% | < ₹1 Crore | 0.0000% | −90.51% | 0.03% | +1.24 | #7294 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −39.86% | 0.42% | 1.75 | 0.0000% | +629.17% | 0.15% | −0.86 | #8075 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −48.31% | 0.18% | Nil | 0.0000% | −100.00% | 0.00% | +0.46 | #8746 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +65.22% | 0.18% | 6.29 | 0.0001% | — | 0.30% | −5.53 | #8479 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −89.47% | 0.02% | < ₹1 Crore | 0.0000% | −99.05% | 0.00% | +0.02 | #9843 | - CAGR (7-year): exports -33.44%/yr, imports -21.68%/yr (consistently Surplus) ## Key trade insights: HSN Code 84589935 export-import analysis ### Export decline: -33.44% CAGR over 7 years India's exports under HSN Code 84589935 have declined at a compound annual rate of -33.44% over 7 fiscal years, falling from ₹0.92 Crore in FY 2018-19 to ₹0.08 Crore in FY 2024-25. ### HSN Code 84589935 ranked #9843 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84589935 ranks #9843 out of 12657 HSN codes by total export value. Within Sub-Chapter 8458, it ranks #17 of 20. By trade surplus, it ranks #5519 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 84589935 exports The strongest single-year export movement for HSN Code 84589935 was recorded in FY 2023-24, when exports surged by 65.22% over the prior year. ### India maintains a trade surplus of ₹0.02 Crore in HSN Code 84589935 goods In FY 2024-25, India's exports of ₹0.08 Cr exceeded imports of ₹0.06 Cr, resulting in a trade surplus of ₹0.02 Crore — ranking #5519 of 12657 by surplus magnitude. ### Import growth of -21.68% CAGR signals stable import dependency for Multi-Tool/Production Lathes India's imports under HSN Code 84589935 have grown at -21.68% CAGR, reaching ₹0.06 Crore in FY 2024-25. ### HSN Code 84589935 contributes 0.02% of Sub-Chapter 8458 exports — ranked #17 Among the 20 HSN codes under Sub-Chapter 8458, HSN Code 84589935 ranks #17 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #17). ## 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 | | #17 | HSN Code 84589935: Multi-Tool/Production Lathes (this hsn code) | < ₹1 Crore |