HSN Code 84831091: Crankshaft (8407 Engine)

HSN Code 84831091 represents Crankshaft (8407 Engine) under GST classification. This code helps businesses identify Crankshaft (8407 Engine) correctly for billing, taxation, and trade. With HSN Code 84831091, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Crankshaft (8407 Engine).

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Description of Goods for HSN Code 84831091

HSN Code 84831091 relates to the following description.

Description of Goods

Transmission shafts (including cam shafts and crank shafts) and cranks : Other : Crank shaft for engines of heading 8407

Chapter

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

Sub Chapter

8483 - Transmission shafts (including cam shafts and crank shafts) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball or roller screws; gear boxes and other speed changers, including torque converters; flywheels and pulleys, including pulley blocks; clutches and shaft couplings (including universal joints)

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84831091 not include?

Crankshaft (8407 Engine) does not include products with the following descriptions.

Transmission shafts (including cam shafts and crank shafts) and cranks : Crank shafts for sewing machines

Transmission shafts (including cam shafts and crank shafts) and cranks : Other : Crank shaft for engines of heading 8408

Transmission shafts (including cam shafts and crank shafts) and cranks : Other : Other

Bearing housings, not incorporating ball or roller bearings; plain shaft bearings

Gears and gearing, other than toothed wheels, chain spro ckets and other transmission elements presented separately; ball or roller screws; gear boxes and other speed changers, including torque converters

Flywheels and pulleys, including pulley blocks : Pulleys, power transmission

Clutches and shaft couplings (including universal joints) : Flexible coupling

Toothed wheels, chain sprockets and other transmission elements presented separately; parts

India’s Trade Performance — HSN Code 84831091 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

₹532 Cr

+4.46% vs FY 2023-24

0.0144% of India’s total exports

India’s Imports

FY 2024-25

₹149 Cr

−8.39% vs FY 2023-24

0.0025% of India’s total imports

Trade Balance

FY 2024-25

₹382 Cr

Trade Surplus

Surplus rank #777 of 12657 HSN codes

% of Sub-Chapter 8483

FY 2024-25

2.88%

Share of Sub-Chapter 8483’s total exports in FY 2024-25

Import side: 0.88% of Sub-Chapter 8483’s imports

Rank Within Sub-Chapter 8483

FY 2024-25

#6 of 13

Position by export value among HSN codes in Sub-Chapter 8483

Import-side rank: #10 of 13

At a glance

8.69%

Export CAGR

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

#960

National Export Rank

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

+31.66%

Peak Growth Year

FY 2022-23 · strongest single-year move

2.88%

Contribution to Sub-Ch. 8483

Share of Sub-Chapter 8483 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84831091

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 #942

Balance

−40.18

Exports

322.45 ₹ Cr

0.0141% share

YoY

3.89% of Sub-Ch. 8483

Imports

362.63 ₹ Cr

0.0101% share

YoY

4.10% of Sub-Ch. 8483

FY 2019-20 Exp. Rank #905

Balance

+19.38

Exports

336.73 ₹ Cr

0.0153% share

+4.43% YoY

3.99% of Sub-Ch. 8483

Imports

317.35 ₹ Cr

0.0095% share

−12.49% YoY

3.98% of Sub-Ch. 8483

FY 2020-21 Exp. Rank #988

Balance

+40.56

Exports

312.04 ₹ Cr

0.0145% share

−7.33% YoY

3.41% of Sub-Ch. 8483

Imports

271.48 ₹ Cr

0.0093% share

−14.45% YoY

3.44% of Sub-Ch. 8483

FY 2021-22 Exp. Rank #1190

Balance

+76.22

Exports

334.71 ₹ Cr

0.0107% share

+7.27% YoY

2.62% of Sub-Ch. 8483

Imports

258.49 ₹ Cr

0.0057% share

−4.78% YoY

2.32% of Sub-Ch. 8483

FY 2022-23 Exp. Rank #1019

Balance

+271.47

Exports

440.69 ₹ Cr

0.0122% share

+31.66% YoY

2.98% of Sub-Ch. 8483

Imports

169.22 ₹ Cr

0.0029% share

−34.54% YoY

1.22% of Sub-Ch. 8483

FY 2023-24 Exp. Rank #941

Balance

+345.84

Exports

508.96 ₹ Cr

0.0141% share

+15.49% YoY

3.01% of Sub-Ch. 8483

Imports

163.12 ₹ Cr

0.0029% share

−3.60% YoY

1.07% of Sub-Ch. 8483

FY 2024-25 Exp. Rank #960

Balance

+382.23

Exports

531.66 ₹ Cr

0.0144% share

+4.46% YoY

2.88% of Sub-Ch. 8483

Imports

149.43 ₹ Cr

0.0025% share

−8.39% YoY

0.88% of Sub-Ch. 8483

CAGR · 7-Year

Exports

8.69% /yr

Imports

−13.74% /yr

Consistently Surplus
Sub-Chapter 8483 total

reference, FY 2024-25

Export

₹18,429.34 Cr

Import

₹17,070.98 Cr

Trade Balance

+1,358.36

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

Key Trade Insights: HSN Code 84831091 Export-Import Analysis

Consistent Export Growth: 8.69% CAGR Over 7 Years

India's exports under HSN Code 84831091 have grown at a compound annual rate of 8.69% over 7 fiscal years, rising from ₹322.45 Crore in FY 2018-19 to ₹531.66 Crore in FY 2024-25.

HSN Code 84831091 Ranked #960 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84831091 ranks #960 out of 12657 HSN codes by total export value. Within Sub-Chapter 8483, it ranks #6 of 13. By trade surplus, it ranks #777 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 84831091 Exports

The strongest single-year export movement for HSN Code 84831091 was recorded in FY 2022-23, when exports surged by 31.66% over the prior year.

India Maintains a Trade Surplus of ₹382.23 Crore in HSN Code 84831091 Goods

In FY 2024-25, India's exports of ₹531.66 Cr exceeded imports of ₹149.43 Cr, resulting in a trade surplus of ₹382.23 Crore — ranking #777 of 12657 by surplus magnitude.

Import Growth of −13.74% CAGR Signals Stable Import Dependency for Crankshaft (8407 Engine)

India's imports under HSN Code 84831091 have grown at −13.74% CAGR, reaching ₹149.43 Crore in FY 2024-25.

HSN Code 84831091 Contributes 2.88% of Sub-Chapter 8483 Exports — Ranked #6

Among the 13 HSN codes under Sub-Chapter 8483, HSN Code 84831091 ranks #6 by export value — accounting for 2.88% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.88% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84831091 and GST compliance.

What products are classified under HSN 84831091 ?

It includes Flywheels & Pulleys: Power Transmission Pulleys

How should mixed supplies be billed when Crankshaft (8407 Engine) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Crankshaft (8407 Engine); Nil for exempt items if applicable).

Any common misclassification issue with Crankshaft (8407 Engine)?

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

Do e‑way bill and e‑invoice apply for Crankshaft (8407 Engine)?

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 Crankshaft (8407 Engine)?

Under HSN 84831091, Crankshaft (8407 Engine) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Crankshaft (8407 Engine)?

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.