---
title: "HSN Code for Fine boring machines, vertical | HSN 84594930 GST Rate"
description: "Find HSN and GST Rates for 84594930 related to Fine boring machines, vertical with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84594930/"
---

# HSN Code 84594930: Fine boring machines, vertical

- [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 boring machines : Other: Fine boring machines, vertical | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84594930 ?

It includes Milling machines: Other

### Can we claim ITC on inputs used to trade Fine boring machines, vertical?

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

### Any common misclassification issue with Fine boring machines, vertical?

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 Fine boring machines, vertical is sold with other items?

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

### Does packaging or labelling change the GST for Fine boring machines, vertical?

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 Fine boring machines, vertical?

Under HSN 84594930, Fine boring machines, vertical attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 84594930 (FY 2024-25)

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

- Exports: ₹4 Cr (+110.00% YoY) — 0.0001% of India's total exports
- Imports: < ₹1 Crore (−70.97% YoY) — 0.0000% of India's total imports
- Trade balance: ₹4 Cr (Surplus); surplus rank #3907 of 12657 HSN codes
- Share of Sub-Chapter 8459: 1.89% of its exports; import side 0.01%
- Rank within Sub-Chapter 8459: #14 of 42 by export value; import-side #35

### Key metrics

- Export CAGR: 139.56% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #6942 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +675.00% in FY 2021-22
- Contribution to Sub-Ch. 8459: 1.89% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84594930

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 | < ₹1 Crore | 0.0000% | — | 0.02% | < ₹1 Crore | 0.0000% | — | 0.08% | −0.90 | #9774 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | 0.00% | 0.02% | 5.06 | 0.0002% | +450.00% | 0.42% | −5.04 | #9717 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | +300.00% | 0.08% | 1.38 | 0.0000% | −72.73% | 0.21% | −1.30 | #9338 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | +675.00% | 0.47% | 1.59 | 0.0000% | +15.22% | 0.22% | −0.97 | #8422 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −11.29% | 0.37% | < ₹1 Crore | 0.0000% | −62.89% | 0.06% | −0.04 | #8606 |
| FY 2023-24 | 1.80 | 0.0000% | +227.27% | 1.10% | < ₹1 Crore | 0.0000% | −47.46% | 0.03% | +1.49 | #7679 |
| FY 2024-25 | 3.78 | 0.0001% | +110.00% | 1.89% | < ₹1 Crore | 0.0000% | −70.97% | 0.01% | +3.69 | #6942 |

- CAGR (7-year): exports 139.56%/yr, imports -32.12%/yr (consistently Surplus)

## Key trade insights: HSN Code 84594930 export-import analysis

### Consistent export growth: 139.56% CAGR over 7 years

India's exports under HSN Code 84594930 have grown at a compound annual rate of 139.56% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹3.78 Crore in FY 2024-25.

### HSN Code 84594930 ranked #6942 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84594930 ranks #6942 out of 12657 HSN codes by total export value. Within Sub-Chapter 8459, it ranks #14 of 42. By trade surplus, it ranks #3907 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 84594930 exports

The strongest single-year export movement for HSN Code 84594930 was recorded in FY 2021-22, when exports surged by 675.00% over the prior year.

### India maintains a trade surplus of ₹3.69 Crore in HSN Code 84594930 goods

In FY 2024-25, India's exports of ₹3.78 Cr exceeded imports of ₹0.09 Cr, resulting in a trade surplus of ₹3.69 Crore — ranking #3907 of 12657 by surplus magnitude.

### Import growth of -32.12% CAGR signals stable import dependency for Fine boring machines, vertical

India's imports under HSN Code 84594930 have grown at -32.12% CAGR, reaching ₹0.09 Crore in FY 2024-25.

### HSN Code 84594930 contributes 1.89% of Sub-Chapter 8459 exports — ranked #14

Among the 42 HSN codes under Sub-Chapter 8459, HSN Code 84594930 ranks #14 by export value — accounting for 1.89% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #35).

## 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 |
| #14 | HSN Code 84594930: Fine boring machines, vertical (this hsn code) | ₹4 Cr |