HSN Code 84592910: Bench/pillar drilling machines

HSN Code 84592910 represents Bench/pillar drilling machines under GST classification. This code helps businesses identify Bench/pillar drilling machines correctly for billing, taxation, and trade. With HSN Code 84592910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Bench/pillar drilling machines.

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Description of Goods for HSN Code 84592910

HSN Code 84592910 relates to the following description.

Description of Goods

Other drilling machines : Other : Bench and pillar

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 84592910 not include?

Bench/pillar drilling machines 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 84592910 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

₹2 Cr

+46.67% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹19 Cr

+680.89% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹18 Cr

Trade Deficit

Surplus rank #9463 of 12657 HSN codes

% of Sub-Chapter 8459

FY 2024-25

0.77%

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

Import side: 1.31% of Sub-Chapter 8459’s imports

Rank Within Sub-Chapter 8459

FY 2024-25

#22 of 42

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

Import-side rank: #15 of 42

At a glance

25.19%

Export CAGR

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

#7839

National Export Rank

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

+131.71%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.77%

Contribution to Sub-Ch. 8459

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #8354

Balance

−1.27

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.39% of Sub-Ch. 8459

Imports

1.67 ₹ Cr

0.0000% share

— YoY

0.14% of Sub-Ch. 8459

FY 2019-20 Exp. Rank #8687

Balance

−0.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−37.50% YoY

0.24% of Sub-Ch. 8459

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−76.05% YoY

0.03% of Sub-Ch. 8459

FY 2020-21 Exp. Rank #8379

Balance

+0.21

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+64.00% YoY

0.40% of Sub-Ch. 8459

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.03% of Sub-Ch. 8459

FY 2021-22 Exp. Rank #8028

Balance

+0.65

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+131.71% YoY

0.71% of Sub-Ch. 8459

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+50.00% YoY

0.04% of Sub-Ch. 8459

FY 2022-23 Exp. Rank #8263

Balance

−2.81

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−12.63% YoY

0.55% of Sub-Ch. 8459

Imports

3.64 ₹ Cr

0.0001% share

+1,113.33% YoY

0.38% of Sub-Ch. 8459

FY 2023-24 Exp. Rank #8208

Balance

−1.41

Exports

1.05 ₹ Cr

0.0000% share

+26.51% YoY

0.64% of Sub-Ch. 8459

Imports

2.46 ₹ Cr

0.0000% share

−32.42% YoY

0.22% of Sub-Ch. 8459

FY 2024-25 Exp. Rank #7839

Balance

−17.67

Exports

1.54 ₹ Cr

0.0000% share

+46.67% YoY

0.77% of Sub-Ch. 8459

Imports

19.21 ₹ Cr

0.0003% share

+680.89% YoY

1.31% of Sub-Ch. 8459

CAGR · 7-Year

Exports

25.19% /yr

Imports

50.25% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84592910 and GST compliance.

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).

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.