HSN Code 84594130: Numerically Controlled Boring Machines: Fine Vertical Type

HSN Code 84594130 represents Numerically Controlled Boring Machines: Fine Vertical Type under GST classification. This code helps businesses identify Numerically Controlled Boring Machines: Fine Vertical Type correctly for billing, taxation, and trade. With HSN Code 84594130, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Numerically Controlled Boring Machines: Fine Vertical Type.

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Description of Goods for HSN Code 84594130

HSN Code 84594130 relates to the following description.

Description of Goods

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

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 84594130 not include?

Numerically Controlled Boring Machines: Fine Vertical Type 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

India’s Trade Performance — HSN Code 84594130 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

₹22 Cr

−21.20% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹22 Cr

Trade Surplus

Surplus rank #2748 of 12657 HSN codes

% of Sub-Chapter 8459

FY 2024-25

11.10%

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

Import side: 0.00% of Sub-Chapter 8459’s imports

Rank Within Sub-Chapter 8459

FY 2024-25

#3 of 42

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

At a glance

11.99%

Export CAGR

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

#4734

National Export Rank

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

+80.71%

Peak Growth Year

FY 2022-23 · strongest single-year move

11.10%

Contribution to Sub-Ch. 8459

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

India Export-Import Trade Statistics for HSN Code 84594130

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 #4860

Balance

+5.04

Exports

11.27 ₹ Cr

0.0005% share

— YoY

10.98% of Sub-Ch. 8459

Imports

6.23 ₹ Cr

0.0002% share

— YoY

0.51% of Sub-Ch. 8459

FY 2019-20 Exp. Rank #5068

Balance

−13.23

Exports

9.59 ₹ Cr

0.0004% share

−14.91% YoY

9.02% of Sub-Ch. 8459

Imports

22.82 ₹ Cr

0.0007% share

+266.29% YoY

1.87% of Sub-Ch. 8459

FY 2020-21 Exp. Rank #4637

Balance

+14.33

Exports

14.40 ₹ Cr

0.0007% share

+50.16% YoY

14.09% of Sub-Ch. 8459

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−99.69% YoY

0.01% of Sub-Ch. 8459

FY 2021-22 Exp. Rank #4906

Balance

+15.66

Exports

15.81 ₹ Cr

0.0005% share

+9.79% YoY

11.86% of Sub-Ch. 8459

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+114.29% YoY

0.02% of Sub-Ch. 8459

FY 2022-23 Exp. Rank #4234

Balance

+28.57

Exports

28.57 ₹ Cr

0.0008% share

+80.71% YoY

19.02% of Sub-Ch. 8459

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8459

FY 2023-24 Exp. Rank #4329

Balance

+28.21

Exports

28.21 ₹ Cr

0.0008% share

−1.26% YoY

17.24% of Sub-Ch. 8459

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8459

FY 2024-25 Exp. Rank #4734

Balance

+22.23

Exports

22.23 ₹ Cr

0.0006% share

−21.20% YoY

11.10% of Sub-Ch. 8459

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8459

CAGR · 7-Year

Exports

11.99% /yr

Imports

—

Consistently Surplus
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 84594130 Export-Import Analysis

Consistent Export Growth: 11.99% CAGR Over 7 Years

India's exports under HSN Code 84594130 have grown at a compound annual rate of 11.99% over 7 fiscal years, rising from ₹11.27 Crore in FY 2018-19 to ₹22.23 Crore in FY 2024-25.

HSN Code 84594130 Ranked #4734 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84594130 ranks #4734 out of 12657 HSN codes by total export value. Within Sub-Chapter 8459, it ranks #3 of 42. By trade surplus, it ranks #2748 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 84594130 Exports

The strongest single-year export movement for HSN Code 84594130 was recorded in FY 2022-23, when exports surged by 80.71% over the prior year.

India Maintains a Trade Surplus of ₹22.23 Crore in HSN Code 84594130 Goods

In FY 2024-25, India's exports of ₹22.23 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹22.23 Crore — ranking #2748 of 12657 by surplus magnitude.

HSN Code 84594130 Contributes 11.10% of Sub-Chapter 8459 Exports — Ranked #3

Among the 42 HSN codes under Sub-Chapter 8459, HSN Code 84594130 ranks #3 by export value — accounting for 11.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84594130 and GST compliance.

What products are classified under HSN 84594130 ?

It includes Other boring machines : Other: Other

Any common misclassification issue with Numerically Controlled Boring Machines: Fine Vertical Type?

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

Do e‑way bill and e‑invoice apply for Numerically Controlled Boring Machines: Fine Vertical Type?

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 Numerically Controlled Boring Machines: Fine Vertical Type?

Under HSN 84594130, Numerically Controlled Boring Machines: Fine Vertical Type attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Numerically Controlled Boring Machines: Fine Vertical Type?

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 Numerically Controlled Boring Machines: Fine Vertical Type is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Numerically Controlled Boring Machines: Fine Vertical Type; 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.