---
title: "HSN Code for Crankshaft Lathes | HSN 84589941 GST Rate"
description: "Find HSN and GST Rates for 84589941 related to Crankshaft Lathes with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84589941/"
---

# HSN Code 84589941: Crankshaft 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 : Crankshaft, relieving, wheel and axle lathes : Crankshaft lathes | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84589941 ?

It includes Other lathes : Other : Centre lathes : Other

### How should mixed supplies be billed when Crankshaft Lathes is sold with other items?

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

### Does packaging or labelling change the GST for Crankshaft 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 much GST applies to Crankshaft Lathes?

Under HSN 84589941, Crankshaft Lathes attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Crankshaft 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 Crankshaft 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.

## India's trade performance: HSN Code 84589941 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (+288.89% YoY) — 0.0000% of India's total exports
- Imports: Nil (−100.00% YoY) — 0.0000% of India's total imports
- Trade balance: < ₹1 Crore (Surplus); surplus rank #4925 of 12657 HSN codes
- Share of Sub-Chapter 8458: 0.09% of its exports; import side 0.00%
- Rank within Sub-Chapter 8458: #13 of 20 by export value

### Key metrics

- Export CAGR: -32.65% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #9108 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +566.67% in FY 2022-23
- Contribution to Sub-Ch. 8458: 0.09% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84589941

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 | 3.75 | 0.0002% | — | 1.64% | Nil | 0.0000% | — | 0.00% | +3.75 | #6216 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −97.60% | 0.05% | Nil | 0.0000% | — | 0.00% | +0.09 | #9220 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −66.67% | 0.01% | Nil | 0.0000% | — | 0.00% | +0.03 | #9719 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | 0.00% | 0.01% | Nil | 0.0000% | — | 0.00% | +0.03 | #9964 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | +566.67% | 0.08% | Nil | 0.0000% | — | 0.00% | +0.20 | #9286 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −55.00% | 0.02% | < ₹1 Crore | 0.0000% | — | 0.00% | +0.08 | #9818 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | +288.89% | 0.09% | Nil | 0.0000% | −100.00% | 0.00% | +0.35 | #9108 |

- CAGR (7-year): exports -32.65%/yr, imports —/yr (consistently Surplus)

## Key trade insights: HSN Code 84589941 export-import analysis

### Export decline: -32.65% CAGR over 7 years

India's exports under HSN Code 84589941 have declined at a compound annual rate of -32.65% over 7 fiscal years, falling from ₹3.75 Crore in FY 2018-19 to ₹0.35 Crore in FY 2024-25.

### HSN Code 84589941 ranked #9108 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84589941 ranks #9108 out of 12657 HSN codes by total export value. Within Sub-Chapter 8458, it ranks #13 of 20. By trade surplus, it ranks #4925 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 84589941 exports

The strongest single-year export movement for HSN Code 84589941 was recorded in FY 2022-23, when exports surged by 566.67% over the prior year.

### India maintains a trade surplus of ₹0.35 Crore in HSN Code 84589941 goods

In FY 2024-25, India's exports of ₹0.35 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.35 Crore — ranking #4925 of 12657 by surplus magnitude.

### HSN Code 84589941 contributes 0.09% of Sub-Chapter 8458 exports — ranked #13

Among the 20 HSN codes under Sub-Chapter 8458, HSN Code 84589941 ranks #13 by export value — accounting for 0.09% 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 |
| #13 | HSN Code 84589941: Crankshaft Lathes (this hsn code) | < ₹1 Crore |