HSN Code 84689000: Machines for Working Wood, Cork or Similar Materials

HSN Code 84689000 represents Machines for Working Wood, Cork or Similar Materials under GST classification. This code helps businesses identify Machines for Working Wood, Cork or Similar Materials correctly for billing, taxation, and trade. With HSN Code 84689000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Machines for Working Wood, Cork or Similar Materials.

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Description of Goods for HSN Code 84689000

HSN Code 84689000 relates to the following description.

Description of Goods

Parts

Chapter

84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

Sub Chapter

8468 - Machinery and apparatus for soldering, brazing or welding, whether or not capable of cutting, other than those of heading 8515; gas- operated surface tempering machines and appliances

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84689000 not include?

Machines for Working Wood, Cork or Similar Materials does not include products with the following descriptions.

India’s Trade Performance — HSN Code 84689000 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

₹80 Cr

−21.09% vs FY 2023-24

0.0022% of India’s total exports

India’s Imports

FY 2024-25

₹134 Cr

+28.35% vs FY 2023-24

0.0022% of India’s total imports

Trade Balance

FY 2024-25

−₹54 Cr

Trade Deficit

Surplus rank #10297 of 12657 HSN codes

% of Sub-Chapter 8468

FY 2024-25

39.77%

Share of Sub-Chapter 8468’s total exports in FY 2024-25

Import side: 33.12% of Sub-Chapter 8468’s imports

Rank Within Sub-Chapter 8468

FY 2024-25

#1 of 5

Position by export value among HSN codes in Sub-Chapter 8468

Import-side rank: #1 of 5

At a glance

−3.50%

Export CAGR

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

#2961

National Export Rank

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

+32.65%

Peak Growth Year

FY 2021-22 · strongest single-year move

39.77%

Contribution to Sub-Ch. 8468

Share of Sub-Chapter 8468 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84689000

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 #2030

Balance

+1.44

Exports

99.54 ₹ Cr

0.0044% share

YoY

55.59% of Sub-Ch. 8468

Imports

98.10 ₹ Cr

0.0027% share

YoY

24.46% of Sub-Ch. 8468

FY 2019-20 Exp. Rank #2225

Balance

+1.68

Exports

83.65 ₹ Cr

0.0038% share

−15.96% YoY

50.90% of Sub-Ch. 8468

Imports

81.97 ₹ Cr

0.0024% share

−16.44% YoY

25.51% of Sub-Ch. 8468

FY 2020-21 Exp. Rank #2056

Balance

+37.28

Exports

101.14 ₹ Cr

0.0047% share

+20.91% YoY

63.58% of Sub-Ch. 8468

Imports

63.86 ₹ Cr

0.0022% share

−22.09% YoY

26.91% of Sub-Ch. 8468

FY 2021-22 Exp. Rank #2067

Balance

+52.79

Exports

134.16 ₹ Cr

0.0043% share

+32.65% YoY

67.82% of Sub-Ch. 8468

Imports

81.37 ₹ Cr

0.0018% share

+27.42% YoY

32.33% of Sub-Ch. 8468

FY 2022-23 Exp. Rank #2083

Balance

+49.02

Exports

146.16 ₹ Cr

0.0040% share

+8.94% YoY

63.93% of Sub-Ch. 8468

Imports

97.14 ₹ Cr

0.0017% share

+19.38% YoY

34.83% of Sub-Ch. 8468

FY 2023-24 Exp. Rank #2557

Balance

−2.56

Exports

101.84 ₹ Cr

0.0028% share

−30.32% YoY

50.97% of Sub-Ch. 8468

Imports

104.40 ₹ Cr

0.0019% share

+7.47% YoY

30.31% of Sub-Ch. 8468

FY 2024-25 Exp. Rank #2961

Balance

−53.64

Exports

80.36 ₹ Cr

0.0022% share

−21.09% YoY

39.77% of Sub-Ch. 8468

Imports

134.00 ₹ Cr

0.0022% share

+28.35% YoY

33.12% of Sub-Ch. 8468

CAGR · 7-Year

Exports

−3.50% /yr

Imports

5.34% /yr

Consistently Deficit
Sub-Chapter 8468 total

reference, FY 2024-25

Export

₹202.04 Cr

Import

₹404.61 Cr

Trade Balance

−202.57

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 84689000 Export-Import Analysis

Export Decline: −3.50% CAGR Over 7 Years

India's exports under HSN Code 84689000 have declined at a compound annual rate of −3.50% over 7 fiscal years, falling from ₹99.54 Crore in FY 2018-19 to ₹80.36 Crore in FY 2024-25.

HSN Code 84689000 Ranked #2961 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84689000 ranks #2961 out of 12657 HSN codes by total export value. Within Sub-Chapter 8468, it ranks #1 of 5. By trade surplus, it ranks #10297 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 84689000 Exports

The strongest single-year export movement for HSN Code 84689000 was recorded in FY 2021-22, when exports surged by 32.65% over the prior year.

India Records a Trade Deficit of ₹53.64 Crore in HSN Code 84689000 Goods

In FY 2024-25, India's imports of ₹134.00 Cr exceeded exports of ₹80.36 Cr, resulting in a trade deficit of ₹53.64 Crore — ranking #10297 of 12657 by surplus magnitude.

Import Growth of 5.34% CAGR Signals Stable Import Dependency for Machines for Working Wood, Cork or Similar Materials

India's imports under HSN Code 84689000 have grown at 5.34% CAGR, reaching ₹134.00 Crore in FY 2024-25.

HSN Code 84689000 Contributes 39.77% of Sub-Chapter 8468 Exports — Ranked #1

Among the 5 HSN codes under Sub-Chapter 8468, HSN Code 84689000 ranks #1 by export value — accounting for 39.77% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 33.12% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84689000 and GST compliance.

What products are classified under HSN 84689000 ?

It includes Electrically Operated Cash Registers

How should mixed supplies be billed when Machines for Working Wood, Cork or Similar Materials is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Machines for Working Wood, Cork or Similar Materials; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Machines for Working Wood, Cork or Similar Materials?

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 Machines for Working Wood, Cork or Similar Materials?

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

Does packaging or labelling change the GST for Machines for Working Wood, Cork or Similar Materials?

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 Machines for Working Wood, Cork or Similar Materials?

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

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.