---
title: "HSN Code for Multi head drilling machines | HSN 84592950 GST Rate"
description: "Find HSN and GST Rates for 84592950 related to Multi head drilling machines with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84592950/"
---

# HSN Code 84592950: Multi head 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 : Multi head drilling machines | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84592950 ?

It includes Numerically Controlled Horizontal Jig Boring Machines

### Does packaging or labelling change the GST for Multi head drilling machines?

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.

### How much GST applies to Multi head drilling machines?

Under HSN 84592950, Multi head drilling machines attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Multi head 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 Multi head drilling machines is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Multi head drilling machines; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Multi head 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 Multi head 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.

## India's trade performance: HSN Code 84592950 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹1 Cr (−56.29% YoY) — 0.0000% of India's total exports
- Imports: ₹9 Cr (−46.60% YoY) — 0.0001% of India's total imports
- Trade balance: −₹7 Cr (Deficit); surplus rank #8858 of 12657 HSN codes
- Share of Sub-Chapter 8459: 0.66% of its exports; import side 0.59%
- Rank within Sub-Chapter 8459: #24 of 42 by export value; import-side #26

### Key metrics

- Export CAGR: -7.07% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7986 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +418.28% in FY 2021-22
- Contribution to Sub-Ch. 8459: 0.66% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84592950

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 | 2.05 | 0.0001% | — | 2.00% | 5.63 | 0.0002% | — | 0.46% | −3.58 | #6921 |
| FY 2019-20 | 1.87 | 0.0001% | −8.78% | 1.76% | 8.39 | 0.0003% | +49.02% | 0.69% | −6.52 | #7002 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −50.27% | 0.91% | 4.50 | 0.0002% | −46.36% | 0.69% | −3.57 | #7712 |
| FY 2021-22 | 4.82 | 0.0002% | +418.28% | 3.62% | 4.74 | 0.0001% | +5.33% | 0.65% | +0.08 | #6400 |
| FY 2022-23 | 2.10 | 0.0001% | −56.43% | 1.40% | 14.45 | 0.0003% | +204.85% | 1.53% | −12.35 | #7387 |
| FY 2023-24 | 3.02 | 0.0001% | +43.81% | 1.85% | 16.31 | 0.0003% | +12.87% | 1.44% | −13.29 | #7129 |
| FY 2024-25 | 1.32 | 0.0000% | −56.29% | 0.66% | 8.71 | 0.0001% | −46.60% | 0.59% | −7.39 | #7986 |

- CAGR (7-year): exports -7.07%/yr, imports 7.54%/yr (consistently Deficit)

## Key trade insights: HSN Code 84592950 export-import analysis

### Export decline: -7.07% CAGR over 7 years

India's exports under HSN Code 84592950 have declined at a compound annual rate of -7.07% over 7 fiscal years, falling from ₹2.05 Crore in FY 2018-19 to ₹1.32 Crore in FY 2024-25.

### HSN Code 84592950 ranked #7986 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84592950 ranks #7986 out of 12657 HSN codes by total export value. Within Sub-Chapter 8459, it ranks #24 of 42. By trade surplus, it ranks #8858 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 84592950 exports

The strongest single-year export movement for HSN Code 84592950 was recorded in FY 2021-22, when exports surged by 418.28% over the prior year.

### India records a trade deficit of ₹7.39 Crore in HSN Code 84592950 goods

In FY 2024-25, India's imports of ₹8.71 Cr exceeded exports of ₹1.32 Cr, resulting in a trade deficit of ₹7.39 Crore — ranking #8858 of 12657 by surplus magnitude.

### Import growth of 7.54% CAGR signals stable import dependency for Multi head drilling machines

India's imports under HSN Code 84592950 have grown at 7.54% CAGR, reaching ₹8.71 Crore in FY 2024-25.

### HSN Code 84592950 contributes 0.66% of Sub-Chapter 8459 exports — ranked #24

Among the 42 HSN codes under Sub-Chapter 8459, HSN Code 84592950 ranks #24 by export value — accounting for 0.66% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.59% share (rank #26).

## 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 |
| #24 | HSN Code 84592950: Multi head drilling machines (this hsn code) | ₹1 Cr |