HSN Code 84589990: Other lathes : Other : Centre lathes : Other

HSN Code 84589990 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 84589990, 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 84589990

HSN Code 84589990 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 84589990 not include?

Other lathes : Other : Centre lathes : Other 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 84589990 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

₹20 Cr

−30.73% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

₹248 Cr

−25.83% vs FY 2023-24

0.0041% of India’s total imports

Trade Balance

FY 2024-25

−₹228 Cr

Trade Deficit

Surplus rank #11407 of 12657 HSN codes

% of Sub-Chapter 8458

FY 2024-25

5.10%

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

Import side: 10.20% of Sub-Chapter 8458’s imports

Rank Within Sub-Chapter 8458

FY 2024-25

#5 of 20

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

Import-side rank: #3 of 20

At a glance

−8.30%

Export CAGR

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

#4846

National Export Rank

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

+67.52%

Peak Growth Year

FY 2023-24 · strongest single-year move

5.10%

Contribution to Sub-Ch. 8458

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

India Export-Import Trade Statistics for HSN Code 84589990

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 #3405

Balance

−278.40

Exports

34.30 ₹ Cr

0.0015% share

— YoY

15.00% of Sub-Ch. 8458

Imports

312.70 ₹ Cr

0.0087% share

— YoY

21.69% of Sub-Ch. 8458

FY 2019-20 Exp. Rank #3305

Balance

−119.79

Exports

37.12 ₹ Cr

0.0017% share

+8.22% YoY

18.69% of Sub-Ch. 8458

Imports

156.91 ₹ Cr

0.0047% share

−49.82% YoY

12.16% of Sub-Ch. 8458

FY 2020-21 Exp. Rank #3780

Balance

−66.58

Exports

27.40 ₹ Cr

0.0013% share

−26.19% YoY

13.65% of Sub-Ch. 8458

Imports

93.98 ₹ Cr

0.0032% share

−40.11% YoY

9.94% of Sub-Ch. 8458

FY 2021-22 Exp. Rank #4553

Balance

−113.16

Exports

20.67 ₹ Cr

0.0007% share

−24.56% YoY

9.86% of Sub-Ch. 8458

Imports

133.83 ₹ Cr

0.0029% share

+42.40% YoY

11.23% of Sub-Ch. 8458

FY 2022-23 Exp. Rank #4842

Balance

−174.81

Exports

17.58 ₹ Cr

0.0005% share

−14.95% YoY

7.06% of Sub-Ch. 8458

Imports

192.39 ₹ Cr

0.0033% share

+43.76% YoY

12.20% of Sub-Ch. 8458

FY 2023-24 Exp. Rank #4270

Balance

−305.58

Exports

29.45 ₹ Cr

0.0008% share

+67.52% YoY

6.87% of Sub-Ch. 8458

Imports

335.03 ₹ Cr

0.0060% share

+74.14% YoY

15.96% of Sub-Ch. 8458

FY 2024-25 Exp. Rank #4846

Balance

−228.08

Exports

20.40 ₹ Cr

0.0006% share

−30.73% YoY

5.10% of Sub-Ch. 8458

Imports

248.48 ₹ Cr

0.0041% share

−25.83% YoY

10.20% of Sub-Ch. 8458

CAGR · 7-Year

Exports

−8.30% /yr

Imports

−3.76% /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 84589990 Export-Import Analysis

Export Decline: −8.30% CAGR Over 7 Years

India's exports under HSN Code 84589990 have declined at a compound annual rate of −8.30% over 7 fiscal years, falling from ₹34.30 Crore in FY 2018-19 to ₹20.40 Crore in FY 2024-25.

HSN Code 84589990 Ranked #4846 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84589990 ranks #4846 out of 12657 HSN codes by total export value. Within Sub-Chapter 8458, it ranks #5 of 20. By trade surplus, it ranks #11407 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 84589990 Exports

The strongest single-year export movement for HSN Code 84589990 was recorded in FY 2023-24, when exports surged by 67.52% over the prior year.

India Records a Trade Deficit of ₹228.08 Crore in HSN Code 84589990 Goods

In FY 2024-25, India's imports of ₹248.48 Cr exceeded exports of ₹20.40 Cr, resulting in a trade deficit of ₹228.08 Crore — ranking #11407 of 12657 by surplus magnitude.

Import Growth of −3.76% CAGR Signals Stable Import Dependency for Other lathes : Other : Centre lathes : Other

India's imports under HSN Code 84589990 have grown at −3.76% CAGR, reaching ₹248.48 Crore in FY 2024-25.

HSN Code 84589990 Contributes 5.10% of Sub-Chapter 8458 Exports — Ranked #5

Among the 20 HSN codes under Sub-Chapter 8458, HSN Code 84589990 ranks #5 by export value — accounting for 5.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 10.20% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84589990 and GST compliance.

What products are classified under HSN 84589990 ?

It includes Other drilling machines : Other : Radial

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

Under HSN 84589990, Other lathes : Other : Centre lathes : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.

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.

Can we claim ITC on inputs used to trade Other lathes : Other : Centre lathes : Other?

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

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.

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.