HSN Code 84589942: Other Relieving Lathes

HSN Code 84589942 represents Other Relieving Lathes under GST classification. This code helps businesses identify Other Relieving Lathes correctly for billing, taxation, and trade. With HSN Code 84589942, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Relieving Lathes.

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Description of Goods for HSN Code 84589942

HSN Code 84589942 relates to the following description.

Description of Goods

Other lathes : Other : Crankshaft, relieving, wheel and axle lathes : Relieving 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 84589942 not include?

Other Relieving 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 84589943

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

India’s Trade Performance — HSN Code 84589942 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

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7564 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

+300.00%

Peak Growth Year

FY 2019-20 · 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 84589942

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 #9921

Balance

0.00

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8458

FY 2019-20 Exp. Rank #9534

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+300.00% YoY

0.02% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+200.00% YoY

0.00% of Sub-Ch. 8458

FY 2020-21

Balance

−0.10

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+233.33% YoY

0.01% of Sub-Ch. 8458

FY 2021-22

Balance

−0.14

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+40.00% YoY

0.01% of Sub-Ch. 8458

FY 2022-23

Balance

−1.87

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8458

Imports

1.87 ₹ Cr

0.0000% share

+1,235.71% YoY

0.12% of Sub-Ch. 8458

FY 2023-24

Balance

0.00

Exports

Nil ₹ 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 2024-25

Balance

−0.29

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 8458

CAGR · 7-Year

Exports

—

Imports

75.28% /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 84589942 Export-Import Analysis

Export Snapshot for HSN Code 84589942

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

FY 2019-20 Was the Strongest Growth Year for HSN Code 84589942 Exports

The strongest single-year export movement for HSN Code 84589942 was recorded in FY 2019-20, when exports surged by 300.00% over the prior year.

India Records a Trade Deficit of ₹0.29 Crore in HSN Code 84589942 Goods

In FY 2024-25, India's imports of ₹0.29 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.29 Crore — ranking #7564 of 12657 by surplus magnitude.

Import Growth of 75.28% CAGR Signals Rising Demand for Other Relieving Lathes

India's imports under HSN Code 84589942 have grown at 75.28% CAGR, reaching ₹0.29 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84589942 and GST compliance.

What products are classified under HSN 84589942 ?

It includes Way-Type Unit Head Machines

Does packaging or labelling change the GST for Other Relieving 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 Other Relieving Lathes?

Under HSN 84589942, Other Relieving Lathes attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Other Relieving 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 Other Relieving 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 Other Relieving Lathes is sold with other items?

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

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.