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HSN Code 84729030: Automatic Banknote Dispensers

HSN Code 84729030 represents Automatic Banknote Dispensers under GST classification. This code helps businesses identify Automatic Banknote Dispensers correctly for billing, taxation, and trade. With HSN Code 84729030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Automatic Banknote Dispensers.

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Description of Goods for HSN Code 84729030

HSN Code 84729030 relates to the following description.

Description of Goods

Other : Automatic bank note dispensers

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 84729030 not include?

Automatic Banknote Dispensers does not include products with the following descriptions.

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

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

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

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India’s Trade Performance — HSN Code 84729030 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹3,103 Cr

+48.95% vs FY 2024-25

0.0795% of India’s total exports

India’s Imports

FY 2025-26

₹29 Cr

−78.69% vs FY 2024-25

0.0004% of India’s total imports

Trade Balance

FY 2025-26

₹3,075 Cr

Trade Surplus

Surplus rank #119 of 12872 HSN codes

% of Sub-Chapter 8472

FY 2025-26

88.96%

Share of Sub-Chapter 8472’s total exports in FY 2025-26

Import side: 5.42% of Sub-Chapter 8472’s imports

Rank Within Sub-Chapter 8472

FY 2025-26

#1 of 14

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

Import-side rank: #4 of 14

At a glance

21.54%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#191

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+64.31%

Peak Growth Year

FY 2022-23 · strongest single-year move

88.96%

Contribution to Sub-Ch. 8472

Share of Sub-Chapter 8472 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 84729030

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #424

Balance

+692.01

Exports

792.07 ₹ Cr

0.0347% share

— YoY

78.13% of Sub-Ch. 8472

Imports

100.06 ₹ Cr

0.0028% share

— YoY

29.14% of Sub-Ch. 8472

FY 2019-20 Exp. Rank #284

Balance

+756.44

Exports

1,123.17 ₹ Cr

0.0510% share

+41.80% YoY

82.83% of Sub-Ch. 8472

Imports

366.73 ₹ Cr

0.0110% share

+266.51% YoY

58.88% of Sub-Ch. 8472

FY 2020-21 Exp. Rank #392

Balance

+545.19

Exports

912.97 ₹ Cr

0.0424% share

−18.71% YoY

81.75% of Sub-Ch. 8472

Imports

367.78 ₹ Cr

0.0126% share

+0.29% YoY

61.76% of Sub-Ch. 8472

FY 2021-22 Exp. Rank #381

Balance

+1,092.07

Exports

1,284.23 ₹ Cr

0.0409% share

+40.67% YoY

82.23% of Sub-Ch. 8472

Imports

192.16 ₹ Cr

0.0042% share

−47.75% YoY

45.81% of Sub-Ch. 8472

FY 2022-23 Exp. Rank #242

Balance

+2,050.98

Exports

2,110.10 ₹ Cr

0.0583% share

+64.31% YoY

88.01% of Sub-Ch. 8472

Imports

59.12 ₹ Cr

0.0010% share

−69.23% YoY

9.55% of Sub-Ch. 8472

FY 2023-24 Exp. Rank #217

Balance

+2,095.46

Exports

2,257.18 ₹ Cr

0.0624% share

+6.97% YoY

87.16% of Sub-Ch. 8472

Imports

161.72 ₹ Cr

0.0029% share

+173.55% YoY

24.69% of Sub-Ch. 8472

FY 2024-25 Exp. Rank #257

Balance

+1,949.38

Exports

2,083.43 ₹ Cr

0.0566% share

−7.70% YoY

85.69% of Sub-Ch. 8472

Imports

134.05 ₹ Cr

0.0022% share

−17.11% YoY

22.06% of Sub-Ch. 8472

FY 2025-26 Exp. Rank #191

Balance

+3,074.64

Exports

3,103.21 ₹ Cr

0.0795% share

+48.95% YoY

88.96% of Sub-Ch. 8472

Imports

28.57 ₹ Cr

0.0004% share

−78.69% YoY

5.42% of Sub-Ch. 8472

CAGR · 8-Year

Exports

21.54% /yr

Imports

−16.39% /yr

Consistently Surplus
Sub-Chapter 8472 total

reference, FY 2025-26

Export

₹3,488.22 Cr

Import

₹527.20 Cr

Trade Balance

+2,961.02

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

Key Trade Insights: HSN Code 84729030 Export-Import Analysis

Consistent Export Growth: 21.54% CAGR Over 8 Years

India's exports under HSN Code 84729030 have grown at a compound annual rate of 21.54% over 8 fiscal years, rising from ₹792.07 Crore in FY 2018-19 to ₹3,103.21 Crore in FY 2025-26.

HSN Code 84729030 Ranked #191 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 84729030 ranks #191 out of 12872 HSN codes by total export value. Within Sub-Chapter 8472, it ranks #1 of 14. By trade surplus, it ranks #119 of 12872.

FY 2022-23 Was the Strongest Growth Year for HSN Code 84729030 Exports

The strongest single-year export movement for HSN Code 84729030 was recorded in FY 2022-23, when exports surged by 64.31% over the prior year.

India Maintains a Trade Surplus of ₹3,074.64 Crore in HSN Code 84729030 Goods

In FY 2025-26, India's exports of ₹3,103.21 Cr exceeded imports of ₹28.57 Cr, resulting in a trade surplus of ₹3,074.64 Crore — ranking #119 of 12872 by surplus magnitude.

Import Growth of −16.39% CAGR Signals Stable Import Dependency for Automatic Banknote Dispensers

India's imports under HSN Code 84729030 have grown at −16.39% CAGR, reaching ₹28.57 Crore in FY 2025-26.

HSN Code 84729030 Contributes 88.96% of Sub-Chapter 8472 Exports — Ranked #1

Among the 14 HSN codes under Sub-Chapter 8472, HSN Code 84729030 ranks #1 by export value — accounting for 88.96% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 5.42% share (rank #4).

Frequently Asked Questions

Clear answers to common queries about HSN Code 84729030 and GST compliance.

What products are classified under HSN 84729030 ?

It includes Other typewriters

Can we claim ITC on inputs used to trade Other / Automatic Bank Note Dispensers?

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 Other / Automatic Bank Note Dispensers?

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.

Do e‑way bill and e‑invoice apply for Other / Automatic Bank Note Dispensers?

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 Other / Automatic Bank Note Dispensers?

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 Other / Automatic Bank Note Dispensers is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Automatic Bank Note Dispensers; Nil for exempt items if applicable).

How much GST applies to Other / Automatic Bank Note Dispensers?

Under HSN 84729030, Other / Automatic Bank Note Dispensers attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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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.