HSN Code 84595990: Milling machine: Knee type

HSN Code 84595990 represents Milling machine: Knee type under GST classification. This code helps businesses identify Milling machine: Knee type correctly for billing, taxation, and trade. With HSN Code 84595990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Milling machine: Knee type.

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Description of Goods for HSN Code 84595990

HSN Code 84595990 relates to the following description.

Description of Goods

Milling machine, knee type : Other : 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 84595990 not include?

Milling machine: Knee type 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 84595990 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

₹3 Cr

−10.56% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹79 Cr

+2.02% vs FY 2023-24

0.0013% of India’s total imports

Trade Balance

FY 2024-25

−₹76 Cr

Trade Deficit

Surplus rank #10572 of 12657 HSN codes

% of Sub-Chapter 8459

FY 2024-25

1.61%

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

Import side: 5.38% of Sub-Chapter 8459’s imports

Rank Within Sub-Chapter 8459

FY 2024-25

#16 of 42

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

Import-side rank: #6 of 42

At a glance

−14.16%

Export CAGR

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

#7124

National Export Rank

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

+87.82%

Peak Growth Year

FY 2022-23 · strongest single-year move

1.61%

Contribution to Sub-Ch. 8459

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #5261

Balance

−85.75

Exports

8.05 ₹ Cr

0.0004% share

— YoY

7.84% of Sub-Ch. 8459

Imports

93.80 ₹ Cr

0.0026% share

— YoY

7.68% of Sub-Ch. 8459

FY 2019-20 Exp. Rank #6067

Balance

−82.08

Exports

4.18 ₹ Cr

0.0002% share

−48.07% YoY

3.93% of Sub-Ch. 8459

Imports

86.26 ₹ Cr

0.0026% share

−8.04% YoY

7.08% of Sub-Ch. 8459

FY 2020-21 Exp. Rank #6791

Balance

−38.98

Exports

2.36 ₹ Cr

0.0001% share

−43.54% YoY

2.31% of Sub-Ch. 8459

Imports

41.34 ₹ Cr

0.0014% share

−52.08% YoY

6.34% of Sub-Ch. 8459

FY 2021-22 Exp. Rank #7330

Balance

−49.80

Exports

1.97 ₹ Cr

0.0001% share

−16.53% YoY

1.48% of Sub-Ch. 8459

Imports

51.77 ₹ Cr

0.0011% share

+25.23% YoY

7.08% of Sub-Ch. 8459

FY 2022-23 Exp. Rank #6765

Balance

−50.06

Exports

3.70 ₹ Cr

0.0001% share

+87.82% YoY

2.46% of Sub-Ch. 8459

Imports

53.76 ₹ Cr

0.0009% share

+3.84% YoY

5.68% of Sub-Ch. 8459

FY 2023-24 Exp. Rank #6942

Balance

−73.74

Exports

3.60 ₹ Cr

0.0001% share

−2.70% YoY

2.20% of Sub-Ch. 8459

Imports

77.34 ₹ Cr

0.0014% share

+43.86% YoY

6.83% of Sub-Ch. 8459

FY 2024-25 Exp. Rank #7124

Balance

−75.68

Exports

3.22 ₹ Cr

0.0001% share

−10.56% YoY

1.61% of Sub-Ch. 8459

Imports

78.90 ₹ Cr

0.0013% share

+2.02% YoY

5.38% of Sub-Ch. 8459

CAGR · 7-Year

Exports

−14.16% /yr

Imports

−2.84% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84595990 and GST compliance.

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).

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.