HSN Code 84723000: Mail Sorting/Folding/Inserting Machines

HSN Code 84723000 represents Mail Sorting/Folding/Inserting Machines under GST classification. This code helps businesses identify Mail Sorting/Folding/Inserting Machines correctly for billing, taxation, and trade. With HSN Code 84723000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Mail Sorting/Folding/Inserting Machines.

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Description of Goods for HSN Code 84723000

HSN Code 84723000 relates to the following description.

Description of Goods

Machines for sorting or folding mail or for inserting mail in envelopes or bands, machines for opening, closing or sealing mail and machines for affixing or cancelling postage stamps

Chapter

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

Sub Chapter

8472 - Other office machines (for example, hectograph or stencil duplicating machines, addressing machines, automatic banknote dispensers, coin sorting machines, coin counting or wrapping machines, pencilsharpening machines, perforating or stapling machines)

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84723000 not include?

Mail Sorting/Folding/Inserting Machines does not include products with the following descriptions.

HSN Code 84722000

Other office machines (for example, hectograph or stencil duplicating machines, addressing machines, automatic banknote dispensers, coin sorting machines, coin counting or wrapping machines, pencil-sharpening machines, perforating or stapling machines) addressing machines and address plate embossing machines

HSN Code 84729090

Other office machines (for example, hectograph or stencil duplicating machines, addressing machines, automatic banknote dispensers, coin sorting machines, coin counting or wrapping machines, pencil-sharpening machines, perforating or stapling machines) - other: other

India’s Trade Performance — HSN Code 84723000 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

₹4 Cr

First year of recorded data

0.0001% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−15.48% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹4 Cr

Trade Surplus

Surplus rank #3937 of 12657 HSN codes

% of Sub-Chapter 8472

FY 2024-25

0.17%

Share of Sub-Chapter 8472’s total exports in FY 2024-25

Import side: 0.12% of Sub-Chapter 8472’s imports

Rank Within Sub-Chapter 8472

FY 2024-25

#6 of 14

Position by export value among HSN codes in Sub-Chapter 8472

Import-side rank: #7 of 14

At a glance

38.09%

Export CAGR

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

#6827

National Export Rank

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

−80.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.17%

Contribution to Sub-Ch. 8472

Share of Sub-Chapter 8472 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84723000

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 #8028

Balance

−1.85

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.06% of Sub-Ch. 8472

Imports

2.46 ₹ Cr

0.0001% share

— YoY

0.72% of Sub-Ch. 8472

FY 2019-20 Exp. Rank #9172

Balance

−0.23

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−83.61% YoY

0.01% of Sub-Ch. 8472

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−86.59% YoY

0.05% of Sub-Ch. 8472

FY 2020-21 Exp. Rank #9824

Balance

−0.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−80.00% YoY

0.00% of Sub-Ch. 8472

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+27.27% YoY

0.07% of Sub-Ch. 8472

FY 2021-22

Balance

−5.26

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8472

Imports

5.26 ₹ Cr

0.0001% share

+1,152.38% YoY

1.25% of Sub-Ch. 8472

FY 2022-23 Exp. Rank #10292

Balance

−0.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8472

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−97.72% YoY

0.02% of Sub-Ch. 8472

FY 2023-24

Balance

−0.84

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8472

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+600.00% YoY

0.13% of Sub-Ch. 8472

FY 2024-25 Exp. Rank #6827

Balance

+3.52

Exports

4.23 ₹ Cr

0.0001% share

— YoY

0.17% of Sub-Ch. 8472

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−15.48% YoY

0.12% of Sub-Ch. 8472

CAGR · 7-Year

Exports

38.09% /yr

Imports

−18.71% /yr

Consistently Surplus
Sub-Chapter 8472 total

reference, FY 2024-25

Export

₹2,431.44 Cr

Import

₹607.64 Cr

Trade Balance

+1,823.80

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

Key Trade Insights: HSN Code 84723000 Export-Import Analysis

Consistent Export Growth: 38.09% CAGR Over 7 Years

India's exports under HSN Code 84723000 have grown at a compound annual rate of 38.09% over 7 fiscal years, rising from ₹0.61 Crore in FY 2018-19 to ₹4.23 Crore in FY 2024-25.

HSN Code 84723000 Ranked #6827 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84723000 ranks #6827 out of 12657 HSN codes by total export value. Within Sub-Chapter 8472, it ranks #6 of 14. By trade surplus, it ranks #3937 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 84723000 Exports

The strongest single-year export movement for HSN Code 84723000 was recorded in FY 2020-21, when exports declined by 80.00% over the prior year.

India Maintains a Trade Surplus of ₹3.52 Crore in HSN Code 84723000 Goods

In FY 2024-25, India's exports of ₹4.23 Cr exceeded imports of ₹0.71 Cr, resulting in a trade surplus of ₹3.52 Crore — ranking #3937 of 12657 by surplus magnitude.

Import Growth of −18.71% CAGR Signals Stable Import Dependency for Mail Sorting/Folding/Inserting Machines

India's imports under HSN Code 84723000 have grown at −18.71% CAGR, reaching ₹0.71 Crore in FY 2024-25.

HSN Code 84723000 Contributes 0.17% of Sub-Chapter 8472 Exports — Ranked #6

Among the 14 HSN codes under Sub-Chapter 8472, HSN Code 84723000 ranks #6 by export value — accounting for 0.17% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.12% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84723000 and GST compliance.

What products are classified under HSN 84723000 ?

It includes Other | Other | Automatic Typewriters

Can we claim ITC on inputs used to trade Mail Sorting/Folding/Inserting Machines?

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

Do e‑way bill and e‑invoice apply for Mail Sorting/Folding/Inserting Machines?

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 Mail Sorting/Folding/Inserting Machines?

Under HSN 84723000, Mail Sorting/Folding/Inserting Machines attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Mail Sorting/Folding/Inserting Machines is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Mail Sorting/Folding/Inserting Machines; Nil for exempt items if applicable).

Any common misclassification issue with Mail Sorting/Folding/Inserting Machines?

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

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.