HSN Code 84594190: Boring machines: Numerically controlled

HSN Code 84594190 represents Boring machines: Numerically controlled under GST classification. This code helps businesses identify Boring machines: Numerically controlled correctly for billing, taxation, and trade. With HSN Code 84594190, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Boring machines: Numerically controlled.

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Description of Goods for HSN Code 84594190

HSN Code 84594190 relates to the following description.

Description of Goods

Other boring machines : Numerically controlled: 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 84594190 not include?

Boring machines: Numerically controlled 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 84594190 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

₹4 Cr

−47.50% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹37 Cr

−24.68% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

−₹33 Cr

Trade Deficit

Surplus rank #9936 of 12657 HSN codes

% of Sub-Chapter 8459

FY 2024-25

1.99%

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

Import side: 2.55% of Sub-Chapter 8459’s imports

Rank Within Sub-Chapter 8459

FY 2024-25

#12 of 42

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

Import-side rank: #13 of 42

At a glance

14.83%

Export CAGR

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

#6882

National Export Rank

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

+224.79%

Peak Growth Year

FY 2023-24 · strongest single-year move

1.99%

Contribution to Sub-Ch. 8459

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

India Export-Import Trade Statistics for HSN Code 84594190

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 #7099

Balance

−210.17

Exports

1.74 ₹ Cr

0.0001% share

— YoY

1.69% of Sub-Ch. 8459

Imports

211.91 ₹ Cr

0.0059% share

— YoY

17.36% of Sub-Ch. 8459

FY 2019-20 Exp. Rank #6576

Balance

−70.56

Exports

2.76 ₹ Cr

0.0001% share

+58.62% YoY

2.59% of Sub-Ch. 8459

Imports

73.32 ₹ Cr

0.0022% share

−65.40% YoY

6.01% of Sub-Ch. 8459

FY 2020-21 Exp. Rank #5495

Balance

−16.63

Exports

7.09 ₹ Cr

0.0003% share

+156.88% YoY

6.94% of Sub-Ch. 8459

Imports

23.72 ₹ Cr

0.0008% share

−67.65% YoY

3.64% of Sub-Ch. 8459

FY 2021-22 Exp. Rank #7308

Balance

−74.53

Exports

2.02 ₹ Cr

0.0001% share

−71.51% YoY

1.52% of Sub-Ch. 8459

Imports

76.55 ₹ Cr

0.0017% share

+222.72% YoY

10.46% of Sub-Ch. 8459

FY 2022-23 Exp. Rank #7265

Balance

−29.58

Exports

2.34 ₹ Cr

0.0001% share

+15.84% YoY

1.56% of Sub-Ch. 8459

Imports

31.92 ₹ Cr

0.0006% share

−58.30% YoY

3.37% of Sub-Ch. 8459

FY 2023-24 Exp. Rank #6059

Balance

−42.03

Exports

7.60 ₹ Cr

0.0002% share

+224.79% YoY

4.64% of Sub-Ch. 8459

Imports

49.63 ₹ Cr

0.0009% share

+55.48% YoY

4.38% of Sub-Ch. 8459

FY 2024-25 Exp. Rank #6882

Balance

−33.39

Exports

3.99 ₹ Cr

0.0001% share

−47.50% YoY

1.99% of Sub-Ch. 8459

Imports

37.38 ₹ Cr

0.0006% share

−24.68% YoY

2.55% of Sub-Ch. 8459

CAGR · 7-Year

Exports

14.83% /yr

Imports

−25.11% /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 84594190 Export-Import Analysis

Consistent Export Growth: 14.83% CAGR Over 7 Years

India's exports under HSN Code 84594190 have grown at a compound annual rate of 14.83% over 7 fiscal years, rising from ₹1.74 Crore in FY 2018-19 to ₹3.99 Crore in FY 2024-25.

HSN Code 84594190 Ranked #6882 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84594190 ranks #6882 out of 12657 HSN codes by total export value. Within Sub-Chapter 8459, it ranks #12 of 42. By trade surplus, it ranks #9936 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 84594190 Exports

The strongest single-year export movement for HSN Code 84594190 was recorded in FY 2023-24, when exports surged by 224.79% over the prior year.

India Records a Trade Deficit of ₹33.39 Crore in HSN Code 84594190 Goods

In FY 2024-25, India's imports of ₹37.38 Cr exceeded exports of ₹3.99 Cr, resulting in a trade deficit of ₹33.39 Crore — ranking #9936 of 12657 by surplus magnitude.

Import Growth of −25.11% CAGR Signals Stable Import Dependency for Boring machines: Numerically controlled

India's imports under HSN Code 84594190 have grown at −25.11% CAGR, reaching ₹37.38 Crore in FY 2024-25.

HSN Code 84594190 Contributes 1.99% of Sub-Chapter 8459 Exports — Ranked #12

Among the 42 HSN codes under Sub-Chapter 8459, HSN Code 84594190 ranks #12 by export value — accounting for 1.99% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.55% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84594190 and GST compliance.

What products are classified under HSN 84594190 ?

It includes Milling machine: Horizontal

Do e‑way bill and e‑invoice apply for Boring machines: Numerically controlled?

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 Boring machines: Numerically controlled?

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 Boring machines: Numerically controlled?

Under HSN 84594190, Boring machines: Numerically controlled attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Boring machines: Numerically controlled?

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

Does packaging or labelling change the GST for Boring machines: Numerically controlled?

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.

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.