HSN Code 84595920: Milling machine, knee type : Other : Vertical

HSN Code 84595920 represents Milling machine, knee type : Other : Vertical under GST classification. This code helps businesses identify Milling machine, knee type : Other : Vertical correctly for billing, taxation, and trade. With HSN Code 84595920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Milling machine, knee type : Other : Vertical.

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 84595920

HSN Code 84595920 relates to the following description.

Description of Goods

Milling machine, knee type : Other : 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 84595920 not include?

Milling machine, knee type : Other : Vertical 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 84595920 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

< ₹1 Crore

+258.82% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹15 Cr

−9.31% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹14 Cr

Trade Deficit

Surplus rank #9324 of 12657 HSN codes

% of Sub-Chapter 8459

FY 2024-25

0.30%

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

Import side: 1.02% of Sub-Chapter 8459’s imports

Rank Within Sub-Chapter 8459

FY 2024-25

#29 of 42

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

Import-side rank: #21 of 42

At a glance

#8674

National Export Rank

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

+258.82%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.30%

Contribution to Sub-Ch. 8459

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

India Export-Import Trade Statistics for HSN Code 84595920

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

Balance

−7.60

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8459

Imports

7.60 ₹ Cr

0.0002% share

— YoY

0.62% of Sub-Ch. 8459

FY 2019-20 Exp. Rank #7851

Balance

−9.59

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.71% of Sub-Ch. 8459

Imports

10.35 ₹ Cr

0.0003% share

+36.18% YoY

0.85% of Sub-Ch. 8459

FY 2020-21 Exp. Rank #8395

Balance

−7.93

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−47.37% YoY

0.39% of Sub-Ch. 8459

Imports

8.33 ₹ Cr

0.0003% share

−19.52% YoY

1.28% of Sub-Ch. 8459

FY 2021-22 Exp. Rank #7797

Balance

−5.59

Exports

1.24 ₹ Cr

0.0000% share

+210.00% YoY

0.93% of Sub-Ch. 8459

Imports

6.83 ₹ Cr

0.0001% share

−18.01% YoY

0.93% of Sub-Ch. 8459

FY 2022-23 Exp. Rank #7312

Balance

−4.44

Exports

2.24 ₹ Cr

0.0001% share

+80.65% YoY

1.49% of Sub-Ch. 8459

Imports

6.68 ₹ Cr

0.0001% share

−2.20% YoY

0.71% of Sub-Ch. 8459

FY 2023-24 Exp. Rank #9527

Balance

−16.38

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−92.41% YoY

0.10% of Sub-Ch. 8459

Imports

16.55 ₹ Cr

0.0003% share

+147.75% YoY

1.46% of Sub-Ch. 8459

FY 2024-25 Exp. Rank #8674

Balance

−14.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+258.82% YoY

0.30% of Sub-Ch. 8459

Imports

15.01 ₹ Cr

0.0002% share

−9.31% YoY

1.02% of Sub-Ch. 8459

CAGR · 7-Year

Exports

—

Imports

12.01% /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 84595920 Export-Import Analysis

Export Snapshot for HSN Code 84595920

India exported ₹0.61 Crore worth of Milling machine, knee type : Other : Vertical in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 84595920 Ranked #8674 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84595920 ranks #8674 out of 12657 HSN codes by total export value. Within Sub-Chapter 8459, it ranks #29 of 42. By trade surplus, it ranks #9324 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 84595920 Exports

The strongest single-year export movement for HSN Code 84595920 was recorded in FY 2024-25, when exports surged by 258.82% over the prior year.

India Records a Trade Deficit of ₹14.40 Crore in HSN Code 84595920 Goods

In FY 2024-25, India's imports of ₹15.01 Cr exceeded exports of ₹0.61 Cr, resulting in a trade deficit of ₹14.40 Crore — ranking #9324 of 12657 by surplus magnitude.

Import Growth of 12.01% CAGR Signals Rising Demand for Milling machine, knee type : Other : Vertical

India's imports under HSN Code 84595920 have grown at 12.01% CAGR, reaching ₹15.01 Crore in FY 2024-25.

HSN Code 84595920 Contributes 0.30% of Sub-Chapter 8459 Exports — Ranked #29

Among the 42 HSN codes under Sub-Chapter 8459, HSN Code 84595920 ranks #29 by export value — accounting for 0.30% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.02% share (rank #21).

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 84595920 and GST compliance.

What products are classified under HSN 84595920 ?

It includes Numerically controlled milling machines

Does packaging or labelling change the GST for Milling machine, knee type : Other : 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.

Do e‑way bill and e‑invoice apply for Milling machine, knee type : Other : Vertical?

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.

Any common misclassification issue with Milling machine, knee type : Other : Vertical?

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

Can we claim ITC on inputs used to trade Milling machine, knee type : Other : Vertical?

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 Milling machine, knee type : Other : Vertical?

Under HSN 84595920, Milling machine, knee type : Other : Vertical attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.