HSN Code 84593990: Other boring-milling machines : Other : Other

HSN Code 84593990 represents Other boring-milling machines : Other : Other under GST classification. This code helps businesses identify Other boring-milling machines : Other : Other correctly for billing, taxation, and trade. With HSN Code 84593990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other boring-milling machines : Other : Other.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 84593990

HSN Code 84593990 relates to the following description.

Description of Goods

Other boring-milling machines : Other : Other

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 84593990 not include?

Other boring-milling machines : Other : Other 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 84593990 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

₹7 Cr

+376.98% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹75 Cr

+11.55% vs FY 2023-24

0.0012% of India’s total imports

Trade Balance

FY 2024-25

−₹68 Cr

Trade Deficit

Surplus rank #10480 of 12657 HSN codes

% of Sub-Chapter 8459

FY 2024-25

3.31%

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

Import side: 5.09% of Sub-Chapter 8459’s imports

Rank Within Sub-Chapter 8459

FY 2024-25

#7 of 42

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

Import-side rank: #7 of 42

At a glance

34.70%

Export CAGR

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

#6294

National Export Rank

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

+376.98%

Peak Growth Year

FY 2024-25 · strongest single-year move

3.31%

Contribution to Sub-Ch. 8459

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

India Export-Import Trade Statistics for HSN Code 84593990

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 #7526

Balance

−73.51

Exports

1.11 ₹ Cr

0.0000% share

— YoY

1.08% of Sub-Ch. 8459

Imports

74.62 ₹ Cr

0.0021% share

— YoY

6.11% of Sub-Ch. 8459

FY 2019-20 Exp. Rank #6010

Balance

−67.15

Exports

4.41 ₹ Cr

0.0002% share

+297.30% YoY

4.15% of Sub-Ch. 8459

Imports

71.56 ₹ Cr

0.0021% share

−4.10% YoY

5.87% of Sub-Ch. 8459

FY 2020-21 Exp. Rank #7098

Balance

−27.24

Exports

1.79 ₹ Cr

0.0001% share

−59.41% YoY

1.75% of Sub-Ch. 8459

Imports

29.03 ₹ Cr

0.0010% share

−59.43% YoY

4.45% of Sub-Ch. 8459

FY 2021-22 Exp. Rank #7593

Balance

−20.30

Exports

1.54 ₹ Cr

0.0000% share

−13.97% YoY

1.16% of Sub-Ch. 8459

Imports

21.84 ₹ Cr

0.0005% share

−24.77% YoY

2.99% of Sub-Ch. 8459

FY 2022-23 Exp. Rank #7553

Balance

−40.68

Exports

1.78 ₹ Cr

0.0000% share

+15.58% YoY

1.18% of Sub-Ch. 8459

Imports

42.46 ₹ Cr

0.0007% share

+94.41% YoY

4.49% of Sub-Ch. 8459

FY 2023-24 Exp. Rank #7933

Balance

−65.44

Exports

1.39 ₹ Cr

0.0000% share

−21.91% YoY

0.85% of Sub-Ch. 8459

Imports

66.83 ₹ Cr

0.0012% share

+57.40% YoY

5.90% of Sub-Ch. 8459

FY 2024-25 Exp. Rank #6294

Balance

−67.92

Exports

6.63 ₹ Cr

0.0002% share

+376.98% YoY

3.31% of Sub-Ch. 8459

Imports

74.55 ₹ Cr

0.0012% share

+11.55% YoY

5.09% of Sub-Ch. 8459

CAGR · 7-Year

Exports

34.70% /yr

Imports

−0.02% /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 84593990 Export-Import Analysis

Consistent Export Growth: 34.70% CAGR Over 7 Years

India's exports under HSN Code 84593990 have grown at a compound annual rate of 34.70% over 7 fiscal years, rising from ₹1.11 Crore in FY 2018-19 to ₹6.63 Crore in FY 2024-25.

HSN Code 84593990 Ranked #6294 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84593990 ranks #6294 out of 12657 HSN codes by total export value. Within Sub-Chapter 8459, it ranks #7 of 42. By trade surplus, it ranks #10480 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 84593990 Exports

The strongest single-year export movement for HSN Code 84593990 was recorded in FY 2024-25, when exports surged by 376.98% over the prior year.

India Records a Trade Deficit of ₹67.92 Crore in HSN Code 84593990 Goods

In FY 2024-25, India's imports of ₹74.55 Cr exceeded exports of ₹6.63 Cr, resulting in a trade deficit of ₹67.92 Crore — ranking #10480 of 12657 by surplus magnitude.

Import Growth of −0.02% CAGR Signals Stable Import Dependency for Other boring-milling machines : Other : Other

India's imports under HSN Code 84593990 have grown at −0.02% CAGR, reaching ₹74.55 Crore in FY 2024-25.

HSN Code 84593990 Contributes 3.31% of Sub-Chapter 8459 Exports — Ranked #7

Among the 42 HSN codes under Sub-Chapter 8459, HSN Code 84593990 ranks #7 by export value — accounting for 3.31% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.09% share (rank #7).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 84593990 and GST compliance.

What products are classified under HSN 84593990 ?

It includes Jig boring machines, horizontal

Do e‑way bill and e‑invoice apply for Other boring-milling machines : Other : Other?

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.

Can we claim ITC on inputs used to trade Other boring-milling machines : Other : Other?

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

How much GST applies to Other boring-milling machines : Other : Other?

Under HSN 84593990, Other boring-milling machines : Other : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Other boring-milling machines : Other : Other?

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 should mixed supplies be billed when Other boring-milling machines : Other : Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other boring-milling machines : Other : Other; 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.