HSN Code 84589959: Other lathes : Other : Centre lathes : Other

HSN Code 84589959 represents Other lathes : Other : Centre lathes : Other under GST classification. This code helps businesses identify Other lathes : Other : Centre lathes : Other correctly for billing, taxation, and trade. With HSN Code 84589959, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other lathes : Other : Centre lathes : Other.

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Description of Goods for HSN Code 84589959

HSN Code 84589959 relates to the following description.

Description of Goods

Other lathes : Other : Centre lathes : Other

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 84589959 not include?

Other lathes : Other : Centre lathes : Other does not include products with the following descriptions.

Horizontal lathes : Other : Automatic, single spindle : Horizontal bar, swiss type

Horizontal lathes : Other : Automatic, single spindle : Base sliding head type

Horizontal lathes : Other : Automatic, single spindle : Horizontal chucking

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

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

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

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

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

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

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

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

India’s Trade Performance — HSN Code 84589959 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

₹3 Cr

−30.51% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹39 Cr

+411.73% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

−₹36 Cr

Trade Deficit

Surplus rank #10001 of 12657 HSN codes

% of Sub-Chapter 8458

FY 2024-25

0.68%

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

Import side: 1.59% of Sub-Chapter 8458’s imports

Rank Within Sub-Chapter 8458

FY 2024-25

#8 of 20

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

Import-side rank: #6 of 20

At a glance

−23.85%

Export CAGR

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

#7302

National Export Rank

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

+32.28%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.68%

Contribution to Sub-Ch. 8458

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

India Export-Import Trade Statistics for HSN Code 84589959

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 #4591

Balance

−2.02

Exports

13.90 ₹ Cr

0.0006% share

YoY

6.08% of Sub-Ch. 8458

Imports

15.92 ₹ Cr

0.0004% share

YoY

1.10% of Sub-Ch. 8458

FY 2019-20 Exp. Rank #5031

Balance

−33.62

Exports

9.85 ₹ Cr

0.0004% share

−29.14% YoY

4.96% of Sub-Ch. 8458

Imports

43.47 ₹ Cr

0.0013% share

+173.05% YoY

3.37% of Sub-Ch. 8458

FY 2020-21 Exp. Rank #4754

Balance

−0.75

Exports

13.03 ₹ Cr

0.0006% share

+32.28% YoY

6.49% of Sub-Ch. 8458

Imports

13.78 ₹ Cr

0.0005% share

−68.30% YoY

1.46% of Sub-Ch. 8458

FY 2021-22 Exp. Rank #6360

Balance

−22.16

Exports

4.96 ₹ Cr

0.0002% share

−61.93% YoY

2.36% of Sub-Ch. 8458

Imports

27.12 ₹ Cr

0.0006% share

+96.81% YoY

2.28% of Sub-Ch. 8458

FY 2022-23 Exp. Rank #6778

Balance

−8.85

Exports

3.66 ₹ Cr

0.0001% share

−26.21% YoY

1.47% of Sub-Ch. 8458

Imports

12.51 ₹ Cr

0.0002% share

−53.87% YoY

0.79% of Sub-Ch. 8458

FY 2023-24 Exp. Rank #6871

Balance

−3.69

Exports

3.90 ₹ Cr

0.0001% share

+6.56% YoY

0.91% of Sub-Ch. 8458

Imports

7.59 ₹ Cr

0.0001% share

−39.33% YoY

0.36% of Sub-Ch. 8458

FY 2024-25 Exp. Rank #7302

Balance

−36.13

Exports

2.71 ₹ Cr

0.0001% share

−30.51% YoY

0.68% of Sub-Ch. 8458

Imports

38.84 ₹ Cr

0.0006% share

+411.73% YoY

1.59% of Sub-Ch. 8458

CAGR · 7-Year

Exports

−23.85% /yr

Imports

16.03% /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 84589959 Export-Import Analysis

Export Decline: −23.85% CAGR Over 7 Years

India's exports under HSN Code 84589959 have declined at a compound annual rate of −23.85% over 7 fiscal years, falling from ₹13.90 Crore in FY 2018-19 to ₹2.71 Crore in FY 2024-25.

HSN Code 84589959 Ranked #7302 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84589959 ranks #7302 out of 12657 HSN codes by total export value. Within Sub-Chapter 8458, it ranks #8 of 20. By trade surplus, it ranks #10001 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 84589959 Exports

The strongest single-year export movement for HSN Code 84589959 was recorded in FY 2020-21, when exports surged by 32.28% over the prior year.

India Records a Trade Deficit of ₹36.13 Crore in HSN Code 84589959 Goods

In FY 2024-25, India's imports of ₹38.84 Cr exceeded exports of ₹2.71 Cr, resulting in a trade deficit of ₹36.13 Crore — ranking #10001 of 12657 by surplus magnitude.

Import Growth of 16.03% CAGR Signals Rising Demand for Other lathes : Other : Centre lathes : Other

India's imports under HSN Code 84589959 have grown at 16.03% CAGR, reaching ₹38.84 Crore in FY 2024-25.

HSN Code 84589959 Contributes 0.68% of Sub-Chapter 8458 Exports — Ranked #8

Among the 20 HSN codes under Sub-Chapter 8458, HSN Code 84589959 ranks #8 by export value — accounting for 0.68% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.59% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84589959 and GST compliance.

What products are classified under HSN 84589959 ?

It includes Multi-spindle drilling machines

How much GST applies to Other lathes : Other : Centre lathes : Other?

Under HSN 84589959, Other lathes : Other : Centre lathes : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Other lathes : Other : Centre lathes : Other?

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

Do e‑way bill and e‑invoice apply for Other lathes : Other : Centre lathes : Other?

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 Other lathes : Other : Centre lathes : Other?

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 should mixed supplies be billed when Other lathes : Other : Centre lathes : Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other lathes : Other : Centre lathes : Other; 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.