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HSN Code 84592930: Other drilling machines : Other : Radial

HSN Code 84592930 represents Other drilling machines : Other : Radial under GST classification. This code helps businesses identify Other drilling machines : Other : Radial correctly for billing, taxation, and trade. With HSN Code 84592930, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other drilling machines : Other : Radial.

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Description of Goods for HSN Code 84592930

HSN Code 84592930 relates to the following description.

Description of Goods

Other drilling machines : Other : Radial

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 84592930 not include?

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

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

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

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

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

Other boring machines : Numerically controlled: Jig boring machines horizontal

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

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

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India’s Trade Performance — HSN Code 84592930 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹6 Cr

+17.12% vs FY 2024-25

0.0002% of India’s total exports

India’s Imports

FY 2025-26

₹18 Cr

+19.22% vs FY 2024-25

0.0003% of India’s total imports

Trade Balance

FY 2025-26

−₹12 Cr

Trade Deficit

Surplus rank #9241 of 12872 HSN codes

% of Sub-Chapter 8459

FY 2025-26

3.06%

Share of Sub-Chapter 8459’s total exports in FY 2025-26

Import side: 0.94% of Sub-Chapter 8459’s imports

Rank Within Sub-Chapter 8459

FY 2025-26

#8 of 42

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

Import-side rank: #19 of 42

At a glance

12.74%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#6551

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+69.28%

Peak Growth Year

FY 2021-22 · strongest single-year move

3.06%

Contribution to Sub-Ch. 8459

Share of Sub-Chapter 8459 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 84592930

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #6630

Balance

−6.30

Exports

2.63 ₹ Cr

0.0001% share

— YoY

2.56% of Sub-Ch. 8459

Imports

8.93 ₹ Cr

0.0002% share

— YoY

0.73% of Sub-Ch. 8459

FY 2019-20 Exp. Rank #6730

Balance

−2.71

Exports

2.42 ₹ Cr

0.0001% share

−7.98% YoY

2.28% of Sub-Ch. 8459

Imports

5.13 ₹ Cr

0.0002% share

−42.55% YoY

0.42% of Sub-Ch. 8459

FY 2020-21 Exp. Rank #7189

Balance

−4.73

Exports

1.66 ₹ Cr

0.0001% share

−31.41% YoY

1.62% of Sub-Ch. 8459

Imports

6.39 ₹ Cr

0.0002% share

+24.56% YoY

0.98% of Sub-Ch. 8459

FY 2021-22 Exp. Rank #6962

Balance

−2.87

Exports

2.81 ₹ Cr

0.0001% share

+69.28% YoY

2.11% of Sub-Ch. 8459

Imports

5.68 ₹ Cr

0.0001% share

−11.11% YoY

0.78% of Sub-Ch. 8459

FY 2022-23 Exp. Rank #6897

Balance

−5.60

Exports

3.30 ₹ Cr

0.0001% share

+17.44% YoY

2.20% of Sub-Ch. 8459

Imports

8.90 ₹ Cr

0.0002% share

+56.69% YoY

0.94% of Sub-Ch. 8459

FY 2023-24 Exp. Rank #6646

Balance

−7.46

Exports

4.70 ₹ Cr

0.0001% share

+42.42% YoY

2.87% of Sub-Ch. 8459

Imports

12.16 ₹ Cr

0.0002% share

+36.63% YoY

1.07% of Sub-Ch. 8459

FY 2024-25 Exp. Rank #6565

Balance

−9.73

Exports

5.20 ₹ Cr

0.0001% share

+10.64% YoY

2.60% of Sub-Ch. 8459

Imports

14.93 ₹ Cr

0.0002% share

+22.78% YoY

1.02% of Sub-Ch. 8459

FY 2025-26 Exp. Rank #6551

Balance

−11.71

Exports

6.09 ₹ Cr

0.0002% share

+17.12% YoY

3.06% of Sub-Ch. 8459

Imports

17.80 ₹ Cr

0.0003% share

+19.22% YoY

0.94% of Sub-Ch. 8459

CAGR · 8-Year

Exports

12.74% /yr

Imports

10.36% /yr

Consistently Deficit
Sub-Chapter 8459 total

reference, FY 2025-26

Export

₹198.99 Cr

Import

₹1,899.01 Cr

Trade Balance

−1,700.02

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

Key Trade Insights: HSN Code 84592930 Export-Import Analysis

Consistent Export Growth: 12.74% CAGR Over 8 Years

India's exports under HSN Code 84592930 have grown at a compound annual rate of 12.74% over 8 fiscal years, rising from ₹2.63 Crore in FY 2018-19 to ₹6.09 Crore in FY 2025-26.

HSN Code 84592930 Ranked #6551 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 84592930 ranks #6551 out of 12872 HSN codes by total export value. Within Sub-Chapter 8459, it ranks #8 of 42. By trade surplus, it ranks #9241 of 12872.

FY 2021-22 Was the Strongest Growth Year for HSN Code 84592930 Exports

The strongest single-year export movement for HSN Code 84592930 was recorded in FY 2021-22, when exports surged by 69.28% over the prior year.

India Records a Trade Deficit of ₹11.71 Crore in HSN Code 84592930 Goods

In FY 2025-26, India's imports of ₹17.80 Cr exceeded exports of ₹6.09 Cr, resulting in a trade deficit of ₹11.71 Crore — ranking #9241 of 12872 by surplus magnitude.

Import Growth of 10.36% CAGR Signals Rising Demand for Other drilling machines : Other : Radial

India's imports under HSN Code 84592930 have grown at 10.36% CAGR, reaching ₹17.80 Crore in FY 2025-26.

HSN Code 84592930 Contributes 3.06% of Sub-Chapter 8459 Exports — Ranked #8

Among the 42 HSN codes under Sub-Chapter 8459, HSN Code 84592930 ranks #8 by export value — accounting for 3.06% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.94% share (rank #19).

Frequently Asked Questions

Clear answers to common queries about HSN Code 84592930 and GST compliance.

What products are classified under HSN 84592930 ?

It includes Vertical boring machines

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

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.

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

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 Other drilling machines : Other : Radial?

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 Other drilling machines : Other : Radial?

Under HSN 84592930, Other drilling machines : Other : Radial attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Other drilling machines : Other : Radial?

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

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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.