HSN Code 84589951: Other lathes: Tool-room type

HSN Code 84589951 represents Other lathes: Tool-room type under GST classification. This code helps businesses identify Other lathes: Tool-room type correctly for billing, taxation, and trade. With HSN Code 84589951, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other lathes: Tool-room type.

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Description of Goods for HSN Code 84589951

HSN Code 84589951 relates to the following description.

Description of Goods

Other lathes : Other : Centre lathes : Tool-room type

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 84589951 not include?

Other lathes: Tool-room type 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 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 84589951 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

₹29 Cr

+34.61% vs FY 2023-24

0.0008% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−20.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹29 Cr

Trade Surplus

Surplus rank #2552 of 12657 HSN codes

% of Sub-Chapter 8458

FY 2024-25

7.30%

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

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

Rank Within Sub-Chapter 8458

FY 2024-25

#4 of 20

Position by export value among HSN codes in Sub-Chapter 8458

Import-side rank: #15 of 20

At a glance

4.24%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#4369

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+34.61%

Peak Growth Year

FY 2024-25 · strongest single-year move

7.30%

Contribution to Sub-Ch. 8458

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

India Export-Import Trade Statistics for HSN Code 84589951

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 #3925

Balance

+22.10

Exports

22.77 ₹ Cr

0.0010% share

— YoY

9.96% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.05% of Sub-Ch. 8458

FY 2019-20 Exp. Rank #4126

Balance

+19.73

Exports

19.76 ₹ Cr

0.0009% share

−13.22% YoY

9.95% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−95.52% YoY

0.00% of Sub-Ch. 8458

FY 2020-21 Exp. Rank #4460

Balance

+16.46

Exports

16.47 ₹ Cr

0.0008% share

−16.65% YoY

8.21% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

0.00% of Sub-Ch. 8458

FY 2021-22 Exp. Rank #4670

Balance

+18.84

Exports

18.91 ₹ Cr

0.0006% share

+14.81% YoY

9.02% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+600.00% YoY

0.01% of Sub-Ch. 8458

FY 2022-23 Exp. Rank #4862

Balance

+16.82

Exports

17.21 ₹ Cr

0.0005% share

−8.99% YoY

6.91% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+457.14% YoY

0.02% of Sub-Ch. 8458

FY 2023-24 Exp. Rank #4658

Balance

+21.50

Exports

21.70 ₹ Cr

0.0006% share

+26.09% YoY

5.07% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−48.72% YoY

0.01% of Sub-Ch. 8458

FY 2024-25 Exp. Rank #4369

Balance

+29.05

Exports

29.21 ₹ Cr

0.0008% share

+34.61% YoY

7.30% of Sub-Ch. 8458

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−20.00% YoY

0.01% of Sub-Ch. 8458

CAGR · 7-Year

Exports

4.24% /yr

Imports

−21.23% /yr

Consistently Surplus
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 84589951 Export-Import Analysis

Consistent Export Growth: 4.24% CAGR Over 7 Years

India's exports under HSN Code 84589951 have grown at a compound annual rate of 4.24% over 7 fiscal years, rising from ₹22.77 Crore in FY 2018-19 to ₹29.21 Crore in FY 2024-25.

HSN Code 84589951 Ranked #4369 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84589951 ranks #4369 out of 12657 HSN codes by total export value. Within Sub-Chapter 8458, it ranks #4 of 20. By trade surplus, it ranks #2552 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 84589951 Exports

The strongest single-year export movement for HSN Code 84589951 was recorded in FY 2024-25, when exports surged by 34.61% over the prior year.

India Maintains a Trade Surplus of ₹29.05 Crore in HSN Code 84589951 Goods

In FY 2024-25, India's exports of ₹29.21 Cr exceeded imports of ₹0.16 Cr, resulting in a trade surplus of ₹29.05 Crore — ranking #2552 of 12657 by surplus magnitude.

Import Growth of −21.23% CAGR Signals Stable Import Dependency for Other lathes: Tool-room type

India's imports under HSN Code 84589951 have grown at −21.23% CAGR, reaching ₹0.16 Crore in FY 2024-25.

HSN Code 84589951 Contributes 7.30% of Sub-Chapter 8458 Exports — Ranked #4

Among the 20 HSN codes under Sub-Chapter 8458, HSN Code 84589951 ranks #4 by export value — accounting for 7.30% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #15).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84589951 and GST compliance.

What products are classified under HSN 84589951 ?

It includes Bench/pillar drilling machines

Any common misclassification issue with Other lathes: Tool-room type?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Does packaging or labelling change the GST for Other lathes: Tool-room type?

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.

Can we claim ITC on inputs used to trade Other lathes: Tool-room type?

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

How should mixed supplies be billed when Other lathes: Tool-room type is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other lathes: Tool-room type; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Other lathes: Tool-room type?

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.

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.