HSN Code 84729040: Coin sorting machines

HSN Code 84729040 represents Coin sorting machines under GST classification. This code helps businesses identify Coin sorting machines correctly for billing, taxation, and trade. With HSN Code 84729040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Coin sorting machines.

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Description of Goods for HSN Code 84729040

HSN Code 84729040 relates to the following description.

Description of Goods

Other : Coin sorting machines, coin-counting or wrapping machines

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 84729040 not include?

Coin sorting machines 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

India’s Trade Performance — HSN Code 84729040 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

₹13 Cr

+18.91% vs FY 2023-24

0.0004% of India’s total exports

India’s Imports

FY 2024-25

₹107 Cr

−38.89% vs FY 2023-24

0.0018% of India’s total imports

Trade Balance

FY 2024-25

−₹94 Cr

Trade Deficit

Surplus rank #10758 of 12657 HSN codes

% of Sub-Chapter 8472

FY 2024-25

0.54%

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

Import side: 17.58% of Sub-Chapter 8472’s imports

Rank Within Sub-Chapter 8472

FY 2024-25

#5 of 14

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

Import-side rank: #3 of 14

At a glance

30.67%

Export CAGR

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

#5439

National Export Rank

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

+1,653.97%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.54%

Contribution to Sub-Ch. 8472

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

India Export-Import Trade Statistics for HSN Code 84729040

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 #6626

Balance

−14.21

Exports

2.64 ₹ Cr

0.0001% share

YoY

0.26% of Sub-Ch. 8472

Imports

16.85 ₹ Cr

0.0005% share

YoY

4.91% of Sub-Ch. 8472

FY 2019-20 Exp. Rank #6044

Balance

−25.04

Exports

4.30 ₹ Cr

0.0002% share

+62.88% YoY

0.32% of Sub-Ch. 8472

Imports

29.34 ₹ Cr

0.0009% share

+74.12% YoY

4.71% of Sub-Ch. 8472

FY 2020-21 Exp. Rank #8696

Balance

−48.65

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−93.95% YoY

0.02% of Sub-Ch. 8472

Imports

48.91 ₹ Cr

0.0017% share

+66.70% YoY

8.21% of Sub-Ch. 8472

FY 2021-22 Exp. Rank #7913

Balance

−52.28

Exports

1.07 ₹ Cr

0.0000% share

+311.54% YoY

0.07% of Sub-Ch. 8472

Imports

53.35 ₹ Cr

0.0012% share

+9.08% YoY

12.72% of Sub-Ch. 8472

FY 2022-23 Exp. Rank #8495

Balance

−131.75

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−41.12% YoY

0.03% of Sub-Ch. 8472

Imports

132.38 ₹ Cr

0.0023% share

+148.14% YoY

21.38% of Sub-Ch. 8472

FY 2023-24 Exp. Rank #5612

Balance

−163.71

Exports

11.05 ₹ Cr

0.0003% share

+1,653.97% YoY

0.43% of Sub-Ch. 8472

Imports

174.76 ₹ Cr

0.0031% share

+32.01% YoY

26.68% of Sub-Ch. 8472

FY 2024-25 Exp. Rank #5439

Balance

−93.66

Exports

13.14 ₹ Cr

0.0004% share

+18.91% YoY

0.54% of Sub-Ch. 8472

Imports

106.80 ₹ Cr

0.0018% share

−38.89% YoY

17.58% of Sub-Ch. 8472

CAGR · 7-Year

Exports

30.67% /yr

Imports

36.04% /yr

Consistently Deficit
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 84729040 Export-Import Analysis

Consistent Export Growth: 30.67% CAGR Over 7 Years

India's exports under HSN Code 84729040 have grown at a compound annual rate of 30.67% over 7 fiscal years, rising from ₹2.64 Crore in FY 2018-19 to ₹13.14 Crore in FY 2024-25.

HSN Code 84729040 Ranked #5439 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84729040 ranks #5439 out of 12657 HSN codes by total export value. Within Sub-Chapter 8472, it ranks #5 of 14. By trade surplus, it ranks #10758 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 84729040 Exports

The strongest single-year export movement for HSN Code 84729040 was recorded in FY 2023-24, when exports surged by 1,653.97% over the prior year.

India Records a Trade Deficit of ₹93.66 Crore in HSN Code 84729040 Goods

In FY 2024-25, India's imports of ₹106.80 Cr exceeded exports of ₹13.14 Cr, resulting in a trade deficit of ₹93.66 Crore — ranking #10758 of 12657 by surplus magnitude.

Import Growth of 36.04% CAGR Signals Rising Demand for Coin sorting machines

India's imports under HSN Code 84729040 have grown at 36.04% CAGR, reaching ₹106.80 Crore in FY 2024-25.

HSN Code 84729040 Contributes 0.54% of Sub-Chapter 8472 Exports — Ranked #5

Among the 14 HSN codes under Sub-Chapter 8472, HSN Code 84729040 ranks #5 by export value — accounting for 0.54% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 17.58% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84729040 and GST compliance.

What products are classified under HSN 84729040 ?

It includes Other Office Machines (e.g., Coin Wrappers, Pencil Sharpeners) | Other

Can we claim ITC on inputs used to trade Coin sorting machines?

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 Coin sorting machines?

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 Coin sorting machines is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Coin sorting machines; Nil for exempt items if applicable).

How much GST applies to Coin sorting machines?

Under HSN 84729040, Coin sorting machines attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Coin sorting machines?

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.