--- title: "HSN Code for Bench/pillar drilling machines | HSN 84592910 GST Rate" description: "Find HSN and GST Rates for 84592910 related to Bench/pillar drilling machines with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84592910/" --- # HSN Code 84592910: Bench/pillar drilling machines - [Section 16: Guide to HSN Section 16](https://busy.in/hsn/section-16/) - [Chapter 84: Nuclear Reactors, Boilers & Machinery](https://busy.in/hsn/chapter-84/) - [Sub-chapter 8459: Drilling Machines](https://busy.in/hsn/sub-chapter-8459/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other drilling machines : Other : Bench and pillar | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84592910 ? It includes Other drilling machines : Other : Other ### Can we claim ITC on inputs used to trade Bench/pillar drilling machines? 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 Bench/pillar drilling machines? 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 much GST applies to Bench/pillar drilling machines? Under HSN 84592910, Bench/pillar drilling machines attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Bench/pillar drilling machines? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Bench/pillar drilling machines is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Bench/pillar drilling machines; Nil for exempt items if applicable). ## India's trade performance: HSN Code 84592910 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2 Cr (+46.67% YoY) — 0.0000% of India's total exports - Imports: ₹19 Cr (+680.89% YoY) — 0.0003% of India's total imports - Trade balance: −₹18 Cr (Deficit); surplus rank #9463 of 12657 HSN codes - Share of Sub-Chapter 8459: 0.77% of its exports; import side 1.31% - Rank within Sub-Chapter 8459: #22 of 42 by export value; import-side #15 ### Key metrics - Export CAGR: 25.19% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7839 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +131.71% in FY 2021-22 - Contribution to Sub-Ch. 8459: 0.77% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84592910 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 8459 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8459 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.39% | 1.67 | 0.0000% | — | 0.14% | −1.27 | #8354 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −37.50% | 0.24% | < ₹1 Crore | 0.0000% | −76.05% | 0.03% | −0.15 | #8687 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +64.00% | 0.40% | < ₹1 Crore | 0.0000% | −50.00% | 0.03% | +0.21 | #8379 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +131.71% | 0.71% | < ₹1 Crore | 0.0000% | +50.00% | 0.04% | +0.65 | #8028 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −12.63% | 0.55% | 3.64 | 0.0001% | +1,113.33% | 0.38% | −2.81 | #8263 | | FY 2023-24 | 1.05 | 0.0000% | +26.51% | 0.64% | 2.46 | 0.0000% | −32.42% | 0.22% | −1.41 | #8208 | | FY 2024-25 | 1.54 | 0.0000% | +46.67% | 0.77% | 19.21 | 0.0003% | +680.89% | 1.31% | −17.67 | #7839 | - CAGR (7-year): exports 25.19%/yr, imports 50.25%/yr (consistently Deficit) ## Key trade insights: HSN Code 84592910 export-import analysis ### Consistent export growth: 25.19% CAGR over 7 years India's exports under HSN Code 84592910 have grown at a compound annual rate of 25.19% over 7 fiscal years, rising from ₹0.40 Crore in FY 2018-19 to ₹1.54 Crore in FY 2024-25. ### HSN Code 84592910 ranked #7839 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84592910 ranks #7839 out of 12657 HSN codes by total export value. Within Sub-Chapter 8459, it ranks #22 of 42. By trade surplus, it ranks #9463 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 84592910 exports The strongest single-year export movement for HSN Code 84592910 was recorded in FY 2021-22, when exports surged by 131.71% over the prior year. ### India records a trade deficit of ₹17.67 Crore in HSN Code 84592910 goods In FY 2024-25, India's imports of ₹19.21 Cr exceeded exports of ₹1.54 Cr, resulting in a trade deficit of ₹17.67 Crore — ranking #9463 of 12657 by surplus magnitude. ### Import growth of 50.25% CAGR signals rising demand for Bench/pillar drilling machines India's imports under HSN Code 84592910 have grown at 50.25% CAGR, reaching ₹19.21 Crore in FY 2024-25. ### HSN Code 84592910 contributes 0.77% of Sub-Chapter 8459 exports — ranked #22 Among the 42 HSN codes under Sub-Chapter 8459, HSN Code 84592910 ranks #22 by export value — accounting for 0.77% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.31% share (rank #15). ## Related HSN Codes in Sub-Chapter 8459 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84592990: Other drilling machines : Other : Other](https://busy.in/hsn/hsn-84592990/) | ₹45 Cr | | #2 | [HSN Code 84596990: Other Milling Machines \| Other](https://busy.in/hsn/hsn-84596990/) | ₹34 Cr | | #3 | [HSN Code 84594130: Numerically Controlled Boring Machines: Fine Vertical Type](https://busy.in/hsn/hsn-84594130/) | ₹22 Cr | | #4 | [HSN Code 84592940: Other drilling machines : Other : Deep hole](https://busy.in/hsn/hsn-84592940/) | ₹11 Cr | | #5 | [HSN Code 84595930: Milling machine, knee type : Other : Universal](https://busy.in/hsn/hsn-84595930/) | ₹10 Cr | | #6 | [HSN Code 84592100: Other drilling machines : Numerically controlled](https://busy.in/hsn/hsn-84592100/) | ₹8 Cr | | #7 | [HSN Code 84593990: Other boring-milling machines : Other : Other](https://busy.in/hsn/hsn-84593990/) | ₹7 Cr | | #8 | [HSN Code 84597010: Threading machines](https://busy.in/hsn/hsn-84597010/) | ₹7 Cr | | #9 | [HSN Code 84591000: Way-Type Unit Head Machines](https://busy.in/hsn/hsn-84591000/) | ₹7 Cr | | #10 | [HSN Code 84596190: Numerically controlled milling machines0](https://busy.in/hsn/hsn-84596190/) | ₹5 Cr | | #22 | HSN Code 84592910: Bench/pillar drilling machines (this hsn code) | ₹2 Cr |