HSN Code 84595120: Vertical milling machine: CNC

HSN Code 84595120 represents Vertical milling machine: CNC under GST classification. This code helps businesses identify Vertical milling machine: CNC correctly for billing, taxation, and trade. With HSN Code 84595120, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Vertical milling machine: CNC.

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Description of Goods for HSN Code 84595120

HSN Code 84595120 relates to the following description.

Description of Goods

Milling machine, knee type : Numerically controlled : 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 84595120 not include?

Vertical milling machine: CNC 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 84595120 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

₹2 Cr

+78.05% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹12 Cr

+2.76% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹10 Cr

Trade Deficit

Surplus rank #9058 of 12657 HSN codes

% of Sub-Chapter 8459

FY 2024-25

1.09%

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

Import side: 0.81% of Sub-Chapter 8459’s imports

Rank Within Sub-Chapter 8459

FY 2024-25

#19 of 42

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

Import-side rank: #25 of 42

At a glance

36.40%

Export CAGR

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

#7513

National Export Rank

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

+778.57%

Peak Growth Year

FY 2023-24 · strongest single-year move

1.09%

Contribution to Sub-Ch. 8459

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

India Export-Import Trade Statistics for HSN Code 84595120

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 #8452

Balance

−36.43

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.33% of Sub-Ch. 8459

Imports

36.77 ₹ Cr

0.0010% share

— YoY

3.01% of Sub-Ch. 8459

FY 2019-20 Exp. Rank #8222

Balance

−17.69

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+41.18% YoY

0.45% of Sub-Ch. 8459

Imports

18.17 ₹ Cr

0.0005% share

−50.58% YoY

1.49% of Sub-Ch. 8459

FY 2020-21 Exp. Rank #7886

Balance

−15.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+58.33% YoY

0.74% of Sub-Ch. 8459

Imports

15.87 ₹ Cr

0.0005% share

−12.66% YoY

2.44% of Sub-Ch. 8459

FY 2021-22 Exp. Rank #9543

Balance

−5.37

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−86.84% YoY

0.08% of Sub-Ch. 8459

Imports

5.47 ₹ Cr

0.0001% share

−65.53% YoY

0.75% of Sub-Ch. 8459

FY 2022-23 Exp. Rank #9481

Balance

−7.86

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+40.00% YoY

0.09% of Sub-Ch. 8459

Imports

8.00 ₹ Cr

0.0001% share

+46.25% YoY

0.85% of Sub-Ch. 8459

FY 2023-24 Exp. Rank #8059

Balance

−10.36

Exports

1.23 ₹ Cr

0.0000% share

+778.57% YoY

0.75% of Sub-Ch. 8459

Imports

11.59 ₹ Cr

0.0002% share

+44.88% YoY

1.02% of Sub-Ch. 8459

FY 2024-25 Exp. Rank #7513

Balance

−9.72

Exports

2.19 ₹ Cr

0.0001% share

+78.05% YoY

1.09% of Sub-Ch. 8459

Imports

11.91 ₹ Cr

0.0002% share

+2.76% YoY

0.81% of Sub-Ch. 8459

CAGR · 7-Year

Exports

36.40% /yr

Imports

−17.13% /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 84595120 Export-Import Analysis

Consistent Export Growth: 36.40% CAGR Over 7 Years

India's exports under HSN Code 84595120 have grown at a compound annual rate of 36.40% over 7 fiscal years, rising from ₹0.34 Crore in FY 2018-19 to ₹2.19 Crore in FY 2024-25.

HSN Code 84595120 Ranked #7513 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84595120 ranks #7513 out of 12657 HSN codes by total export value. Within Sub-Chapter 8459, it ranks #19 of 42. By trade surplus, it ranks #9058 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 84595120 Exports

The strongest single-year export movement for HSN Code 84595120 was recorded in FY 2023-24, when exports surged by 778.57% over the prior year.

India Records a Trade Deficit of ₹9.72 Crore in HSN Code 84595120 Goods

In FY 2024-25, India's imports of ₹11.91 Cr exceeded exports of ₹2.19 Cr, resulting in a trade deficit of ₹9.72 Crore — ranking #9058 of 12657 by surplus magnitude.

Import Growth of −17.13% CAGR Signals Stable Import Dependency for Vertical milling machine: CNC

India's imports under HSN Code 84595120 have grown at −17.13% CAGR, reaching ₹11.91 Crore in FY 2024-25.

HSN Code 84595120 Contributes 1.09% of Sub-Chapter 8459 Exports — Ranked #19

Among the 42 HSN codes under Sub-Chapter 8459, HSN Code 84595120 ranks #19 by export value — accounting for 1.09% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.81% share (rank #25).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84595120 and GST compliance.

What products are classified under HSN 84595120 ?

It includes Milling machine, knee type : Other : Universal

How should mixed supplies be billed when Vertical milling machine: CNC is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vertical milling machine: CNC; Nil for exempt items if applicable).

How much GST applies to Vertical milling machine: CNC?

Under HSN 84595120, Vertical milling machine: CNC attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Vertical milling machine: CNC?

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.

Any common misclassification issue with Vertical milling machine: CNC?

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 Vertical milling machine: CNC?

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.

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.