HSN Code 84596940: Milling machines: Piano milling, double column

HSN Code 84596940 represents Milling machines: Piano milling, double column under GST classification. This code helps businesses identify Milling machines: Piano milling, double column correctly for billing, taxation, and trade. With HSN Code 84596940, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Milling machines: Piano milling, double column.

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Description of Goods for HSN Code 84596940

HSN Code 84596940 relates to the following description.

Description of Goods

Other milling machines : Other : Piano milling, double column

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 84596940 not include?

Milling machines: Piano milling, double column 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 84596940 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

+77.16% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

−45.97% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4741 of 12657 HSN codes

% of Sub-Chapter 8459

FY 2024-25

1.43%

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

Import side: 0.16% of Sub-Chapter 8459’s imports

Rank Within Sub-Chapter 8459

FY 2024-25

#17 of 42

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

Import-side rank: #31 of 42

At a glance

156.83%

Export CAGR

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

#7247

National Export Rank

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

+500.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

1.43%

Contribution to Sub-Ch. 8459

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

India Export-Import Trade Statistics for HSN Code 84596940

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 #9921

Balance

−4.97

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 8459

Imports

4.98 ₹ Cr

0.0001% share

— YoY

0.41% of Sub-Ch. 8459

FY 2019-20 Exp. Rank #9399

Balance

−7.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+500.00% YoY

0.06% of Sub-Ch. 8459

Imports

7.17 ₹ Cr

0.0002% share

+43.98% YoY

0.59% of Sub-Ch. 8459

FY 2020-21 Exp. Rank #8484

Balance

+0.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+483.33% YoY

0.34% of Sub-Ch. 8459

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−95.68% YoY

0.05% of Sub-Ch. 8459

FY 2021-22 Exp. Rank #8620

Balance

−3.28

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+34.29% YoY

0.35% of Sub-Ch. 8459

Imports

3.75 ₹ Cr

0.0001% share

+1,109.68% YoY

0.51% of Sub-Ch. 8459

FY 2022-23 Exp. Rank #7852

Balance

−1.50

Exports

1.31 ₹ Cr

0.0000% share

+178.72% YoY

0.87% of Sub-Ch. 8459

Imports

2.81 ₹ Cr

0.0000% share

−25.07% YoY

0.30% of Sub-Ch. 8459

FY 2023-24 Exp. Rank #7788

Balance

−2.60

Exports

1.62 ₹ Cr

0.0000% share

+23.66% YoY

0.99% of Sub-Ch. 8459

Imports

4.22 ₹ Cr

0.0001% share

+50.18% YoY

0.37% of Sub-Ch. 8459

FY 2024-25 Exp. Rank #7247

Balance

+0.59

Exports

2.87 ₹ Cr

0.0001% share

+77.16% YoY

1.43% of Sub-Ch. 8459

Imports

2.28 ₹ Cr

0.0000% share

−45.97% YoY

0.16% of Sub-Ch. 8459

CAGR · 7-Year

Exports

156.83% /yr

Imports

−12.21% /yr

Consistently Surplus
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 84596940 Export-Import Analysis

Consistent Export Growth: 156.83% CAGR Over 7 Years

India's exports under HSN Code 84596940 have grown at a compound annual rate of 156.83% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹2.87 Crore in FY 2024-25.

HSN Code 84596940 Ranked #7247 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84596940 ranks #7247 out of 12657 HSN codes by total export value. Within Sub-Chapter 8459, it ranks #17 of 42. By trade surplus, it ranks #4741 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 84596940 Exports

The strongest single-year export movement for HSN Code 84596940 was recorded in FY 2019-20, when exports surged by 500.00% over the prior year.

India Maintains a Trade Surplus of ₹0.59 Crore in HSN Code 84596940 Goods

In FY 2024-25, India's exports of ₹2.87 Cr exceeded imports of ₹2.28 Cr, resulting in a trade surplus of ₹0.59 Crore — ranking #4741 of 12657 by surplus magnitude.

Import Growth of −12.21% CAGR Signals Stable Import Dependency for Milling machines: Piano milling, double column

India's imports under HSN Code 84596940 have grown at −12.21% CAGR, reaching ₹2.28 Crore in FY 2024-25.

HSN Code 84596940 Contributes 1.43% of Sub-Chapter 8459 Exports — Ranked #17

Among the 42 HSN codes under Sub-Chapter 8459, HSN Code 84596940 ranks #17 by export value — accounting for 1.43% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.16% share (rank #31).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84596940 and GST compliance.

What products are classified under HSN 84596940 ?

It includes Other Flat-Surface Grinding Machines

Do e‑way bill and e‑invoice apply for Milling machines: Piano milling, double column?

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.

How much GST applies to Milling machines: Piano milling, double column?

Under HSN 84596940, Milling machines: Piano milling, double column attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Milling machines: Piano milling, double column is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Milling machines: Piano milling, double column; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Milling machines: Piano milling, double column?

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

Does packaging or labelling change the GST for Milling machines: Piano milling, double column?

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.

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.