--- title: "HSN Code for Milling machine: Knee type | HSN 84595990 GST Rate" description: "Find HSN and GST Rates for 84595990 related to Milling machine: Knee type with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84595990/" --- # HSN Code 84595990: Milling machine: Knee type - [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 | | --- | --- | --- | --- | --- | | Milling machine, knee type : Other : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84595990 ? It includes Piano milling machines ### How much GST applies to Milling machine: Knee type? Under HSN 84595990, Milling machine: Knee type attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Milling machine: Knee 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. ### Can we claim ITC on inputs used to trade Milling machine: Knee type? 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 Milling machine: Knee type? 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 Milling machine: Knee type is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Milling machine: Knee type; Nil for exempt items if applicable). ## India's trade performance: HSN Code 84595990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (−10.56% YoY) — 0.0001% of India's total exports - Imports: ₹79 Cr (+2.02% YoY) — 0.0013% of India's total imports - Trade balance: −₹76 Cr (Deficit); surplus rank #10572 of 12657 HSN codes - Share of Sub-Chapter 8459: 1.61% of its exports; import side 5.38% - Rank within Sub-Chapter 8459: #16 of 42 by export value; import-side #6 ### Key metrics - Export CAGR: -14.16% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7124 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +87.82% in FY 2022-23 - Contribution to Sub-Ch. 8459: 1.61% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84595990 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 | 8.05 | 0.0004% | — | 7.84% | 93.80 | 0.0026% | — | 7.68% | −85.75 | #5261 | | FY 2019-20 | 4.18 | 0.0002% | −48.07% | 3.93% | 86.26 | 0.0026% | −8.04% | 7.08% | −82.08 | #6067 | | FY 2020-21 | 2.36 | 0.0001% | −43.54% | 2.31% | 41.34 | 0.0014% | −52.08% | 6.34% | −38.98 | #6791 | | FY 2021-22 | 1.97 | 0.0001% | −16.53% | 1.48% | 51.77 | 0.0011% | +25.23% | 7.08% | −49.80 | #7330 | | FY 2022-23 | 3.70 | 0.0001% | +87.82% | 2.46% | 53.76 | 0.0009% | +3.84% | 5.68% | −50.06 | #6765 | | FY 2023-24 | 3.60 | 0.0001% | −2.70% | 2.20% | 77.34 | 0.0014% | +43.86% | 6.83% | −73.74 | #6942 | | FY 2024-25 | 3.22 | 0.0001% | −10.56% | 1.61% | 78.90 | 0.0013% | +2.02% | 5.38% | −75.68 | #7124 | - CAGR (7-year): exports -14.16%/yr, imports -2.84%/yr (consistently Deficit) ## Key trade insights: HSN Code 84595990 export-import analysis ### Export decline: -14.16% CAGR over 7 years India's exports under HSN Code 84595990 have declined at a compound annual rate of -14.16% over 7 fiscal years, falling from ₹8.05 Crore in FY 2018-19 to ₹3.22 Crore in FY 2024-25. ### HSN Code 84595990 ranked #7124 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84595990 ranks #7124 out of 12657 HSN codes by total export value. Within Sub-Chapter 8459, it ranks #16 of 42. By trade surplus, it ranks #10572 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 84595990 exports The strongest single-year export movement for HSN Code 84595990 was recorded in FY 2022-23, when exports surged by 87.82% over the prior year. ### India records a trade deficit of ₹75.68 Crore in HSN Code 84595990 goods In FY 2024-25, India's imports of ₹78.90 Cr exceeded exports of ₹3.22 Cr, resulting in a trade deficit of ₹75.68 Crore — ranking #10572 of 12657 by surplus magnitude. ### Import growth of -2.84% CAGR signals stable import dependency for Milling machine: Knee type India's imports under HSN Code 84595990 have grown at -2.84% CAGR, reaching ₹78.90 Crore in FY 2024-25. ### HSN Code 84595990 contributes 1.61% of Sub-Chapter 8459 exports — ranked #16 Among the 42 HSN codes under Sub-Chapter 8459, HSN Code 84595990 ranks #16 by export value — accounting for 1.61% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.38% share (rank #6). ## 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 | | #16 | HSN Code 84595990: Milling machine: Knee type (this hsn code) | ₹3 Cr |