HSN Code 84592100: Other drilling machines : Numerically controlled

HSN Code 84592100 represents Other drilling machines : Numerically controlled under GST classification. This code helps businesses identify Other drilling machines : Numerically controlled correctly for billing, taxation, and trade. With HSN Code 84592100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other drilling machines : Numerically controlled.

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Description of Goods for HSN Code 84592100

HSN Code 84592100 relates to the following description.

Description of Goods

Other drilling machines : Numerically controlled

Chapter

84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

Sub Chapter

8459 - Machine-tools (including way-type unit head machines) for drilling, boring, milling, treading or tapping by removing metal, other than lathes (including turning centres) of heading 8458

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84592100 not include?

Other drilling machines : Numerically controlled does not include products with the following descriptions.

HSN Code 84594010

Machine-tools (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes (including turning centres) of heading 8458 - other boring machines : jig boring machines horizontal

HSN Code 84594020

Machine-tools (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes (including turning centres) of heading 8458 - other boring machines : fine boring machines, horizontal

HSN Code 84594030

Machine-tools (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes (including turning centres) of heading 8458 - other boring machines : fine boring machines, vertical

HSN Code 84594090

Machine-tools (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes (including turning centres) of heading 8458 - other boring machines : other

HSN Code 84594110

Other boring machines : Numerically controlled: Jig boring machines horizontal

HSN Code 84594120

Other boring machines : Numerically controlled: Fine boring machines, horizontal

HSN Code 84594130

Other boring machines : Numerically controlled: Fine boring machines, vertical

India’s Trade Performance — HSN Code 84592100 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

₹8 Cr

+66.67% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹109 Cr

+90.20% vs FY 2023-24

0.0018% of India’s total imports

Trade Balance

FY 2024-25

−₹101 Cr

Trade Deficit

Surplus rank #10806 of 12657 HSN codes

% of Sub-Chapter 8459

FY 2024-25

3.77%

Share of Sub-Chapter 8459’s total exports in FY 2024-25

Import side: 7.43% of Sub-Chapter 8459’s imports

Rank Within Sub-Chapter 8459

FY 2024-25

#6 of 42

Position by export value among HSN codes in Sub-Chapter 8459

Import-side rank: #5 of 42

At a glance

39.60%

Export CAGR

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

#6123

National Export Rank

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

+538.03%

Peak Growth Year

FY 2023-24 · strongest single-year move

3.77%

Contribution to Sub-Ch. 8459

Share of Sub-Chapter 8459 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84592100

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 #7607

Balance

−75.02

Exports

1.02 ₹ Cr

0.0000% share

— YoY

0.99% of Sub-Ch. 8459

Imports

76.04 ₹ Cr

0.0021% share

— YoY

6.23% of Sub-Ch. 8459

FY 2019-20 Exp. Rank #7025

Balance

−164.50

Exports

1.83 ₹ Cr

0.0001% share

+79.41% YoY

1.72% of Sub-Ch. 8459

Imports

166.33 ₹ Cr

0.0050% share

+118.74% YoY

13.64% of Sub-Ch. 8459

FY 2020-21 Exp. Rank #5892

Balance

−30.81

Exports

5.19 ₹ Cr

0.0002% share

+183.61% YoY

5.08% of Sub-Ch. 8459

Imports

36.00 ₹ Cr

0.0012% share

−78.36% YoY

5.52% of Sub-Ch. 8459

FY 2021-22 Exp. Rank #7837

Balance

−40.63

Exports

1.18 ₹ Cr

0.0000% share

−77.26% YoY

0.89% of Sub-Ch. 8459

Imports

41.81 ₹ Cr

0.0009% share

+16.14% YoY

5.72% of Sub-Ch. 8459

FY 2022-23 Exp. Rank #8391

Balance

−55.83

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−39.83% YoY

0.47% of Sub-Ch. 8459

Imports

56.54 ₹ Cr

0.0010% share

+35.23% YoY

5.97% of Sub-Ch. 8459

FY 2023-24 Exp. Rank #6689

Balance

−52.74

Exports

4.53 ₹ Cr

0.0001% share

+538.03% YoY

2.77% of Sub-Ch. 8459

Imports

57.27 ₹ Cr

0.0010% share

+1.29% YoY

5.06% of Sub-Ch. 8459

FY 2024-25 Exp. Rank #6123

Balance

−101.38

Exports

7.55 ₹ Cr

0.0002% share

+66.67% YoY

3.77% of Sub-Ch. 8459

Imports

108.93 ₹ Cr

0.0018% share

+90.20% YoY

7.43% of Sub-Ch. 8459

CAGR · 7-Year

Exports

39.60% /yr

Imports

6.17% /yr

Consistently Deficit
Sub-Chapter 8459 total

reference, FY 2024-25

Export

₹200.31 Cr

Import

₹1,465.39 Cr

Trade Balance

−1,265.08

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 84592100 Export-Import Analysis

Consistent Export Growth: 39.60% CAGR Over 7 Years

India's exports under HSN Code 84592100 have grown at a compound annual rate of 39.60% over 7 fiscal years, rising from ₹1.02 Crore in FY 2018-19 to ₹7.55 Crore in FY 2024-25.

HSN Code 84592100 Ranked #6123 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84592100 ranks #6123 out of 12657 HSN codes by total export value. Within Sub-Chapter 8459, it ranks #6 of 42. By trade surplus, it ranks #10806 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 84592100 Exports

The strongest single-year export movement for HSN Code 84592100 was recorded in FY 2023-24, when exports surged by 538.03% over the prior year.

India Records a Trade Deficit of ₹101.38 Crore in HSN Code 84592100 Goods

In FY 2024-25, India's imports of ₹108.93 Cr exceeded exports of ₹7.55 Cr, resulting in a trade deficit of ₹101.38 Crore — ranking #10806 of 12657 by surplus magnitude.

Import Growth of 6.17% CAGR Signals Stable Import Dependency for Other drilling machines : Numerically controlled

India's imports under HSN Code 84592100 have grown at 6.17% CAGR, reaching ₹108.93 Crore in FY 2024-25.

HSN Code 84592100 Contributes 3.77% of Sub-Chapter 8459 Exports — Ranked #6

Among the 42 HSN codes under Sub-Chapter 8459, HSN Code 84592100 ranks #6 by export value — accounting for 3.77% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.43% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84592100 and GST compliance.

What products are classified under HSN 84592100 ?

It includes Multi head drilling machines

Does packaging or labelling change the GST for Other drilling machines : Numerically controlled?

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.

Do e‑way bill and e‑invoice apply for Other drilling machines : Numerically controlled?

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 drilling machines : Numerically controlled?

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

How much GST applies to Other drilling machines : Numerically controlled?

Under HSN 84592100, Other drilling machines : Numerically controlled attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Other drilling machines : Numerically controlled?

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

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.