HSN Code 86071930: Axle Box (Lubricating)

HSN Code 86071930 represents Axle Box (Lubricating) under GST classification. This code helps businesses identify Axle Box (Lubricating) correctly for billing, taxation, and trade. With HSN Code 86071930, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Axle Box (Lubricating).

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Description of Goods for HSN Code 86071930

HSN Code 86071930 relates to the following description.

Description of Goods

Bogies, bissel-bogies, axles and wheels, and parts thereof : Other including parts : Axle boxes (lubricating or grease box)

Chapter

86 - Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds

Sub Chapter

8607 - Parts of railway or tramway locomotives or rolling-stock

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 86071930 not include?

Axle Box (Lubricating) does not include products with the following descriptions.

Bogies, bissel-bogies, axles and wheels, and parts thereof : Driving bogies and bissel-bogies

Bogies, bissel-bogies, axles and wheels, and parts thereof : Other bogies and bissel-bogies

Bogies, bissel-bogies, axles and wheels, and parts thereof : Other including parts : Axles, wheels for coaches, van and wagons (rolling-stock)

Bogies, bissel-bogies, axles and wheels, and parts thereof : Other including parts : Axles and wheels for locomotives

Bogies, bissel-bogies, axles and wheels, and parts thereof : Other including parts : Other parts of axles and wheels

Hooks and other coupling devices, buffers and parts thereof : Buffers and coupling devices

India’s Trade Performance — HSN Code 86071930 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

₹54 Cr

+17.34% vs FY 2023-24

0.0015% of India’s total exports

India’s Imports

FY 2024-25

₹6 Cr

−39.37% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹47 Cr

Trade Surplus

Surplus rank #2208 of 12657 HSN codes

% of Sub-Chapter 8607

FY 2024-25

4.10%

Share of Sub-Chapter 8607’s total exports in FY 2024-25

Import side: 0.15% of Sub-Chapter 8607’s imports

Rank Within Sub-Chapter 8607

FY 2024-25

#8 of 15

Position by export value among HSN codes in Sub-Chapter 8607

Import-side rank: #15 of 15

At a glance

47.93%

Export CAGR

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

#3532

National Export Rank

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

+209.98%

Peak Growth Year

FY 2019-20 · strongest single-year move

4.10%

Contribution to Sub-Ch. 8607

Share of Sub-Chapter 8607 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 86071930

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 #5829

Balance

+0.05

Exports

5.11 ₹ Cr

0.0002% share

YoY

0.69% of Sub-Ch. 8607

Imports

5.06 ₹ Cr

0.0001% share

YoY

0.30% of Sub-Ch. 8607

FY 2019-20 Exp. Rank #4437

Balance

+6.99

Exports

15.84 ₹ Cr

0.0007% share

+209.98% YoY

3.10% of Sub-Ch. 8607

Imports

8.85 ₹ Cr

0.0003% share

+74.90% YoY

0.56% of Sub-Ch. 8607

FY 2020-21 Exp. Rank #4174

Balance

+7.57

Exports

20.10 ₹ Cr

0.0009% share

+26.89% YoY

4.19% of Sub-Ch. 8607

Imports

12.53 ₹ Cr

0.0004% share

+41.58% YoY

0.80% of Sub-Ch. 8607

FY 2021-22 Exp. Rank #4603

Balance

+3.51

Exports

19.93 ₹ Cr

0.0006% share

−0.85% YoY

3.91% of Sub-Ch. 8607

Imports

16.42 ₹ Cr

0.0004% share

+31.05% YoY

1.03% of Sub-Ch. 8607

FY 2022-23 Exp. Rank #4332

Balance

+14.81

Exports

26.48 ₹ Cr

0.0007% share

+32.87% YoY

3.75% of Sub-Ch. 8607

Imports

11.67 ₹ Cr

0.0002% share

−28.93% YoY

0.42% of Sub-Ch. 8607

FY 2023-24 Exp. Rank #3671

Balance

+35.47

Exports

45.63 ₹ Cr

0.0013% share

+72.32% YoY

3.67% of Sub-Ch. 8607

Imports

10.16 ₹ Cr

0.0002% share

−12.94% YoY

0.20% of Sub-Ch. 8607

FY 2024-25 Exp. Rank #3532

Balance

+47.38

Exports

53.54 ₹ Cr

0.0015% share

+17.34% YoY

4.10% of Sub-Ch. 8607

Imports

6.16 ₹ Cr

0.0001% share

−39.37% YoY

0.15% of Sub-Ch. 8607

CAGR · 7-Year

Exports

47.93% /yr

Imports

3.33% /yr

Consistently Surplus
Sub-Chapter 8607 total

reference, FY 2024-25

Export

₹1,306.99 Cr

Import

₹4,071.90 Cr

Trade Balance

−2,764.91

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

Key Trade Insights: HSN Code 86071930 Export-Import Analysis

Consistent Export Growth: 47.93% CAGR Over 7 Years

India's exports under HSN Code 86071930 have grown at a compound annual rate of 47.93% over 7 fiscal years, rising from ₹5.11 Crore in FY 2018-19 to ₹53.54 Crore in FY 2024-25.

HSN Code 86071930 Ranked #3532 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 86071930 ranks #3532 out of 12657 HSN codes by total export value. Within Sub-Chapter 8607, it ranks #8 of 15. By trade surplus, it ranks #2208 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 86071930 Exports

The strongest single-year export movement for HSN Code 86071930 was recorded in FY 2019-20, when exports surged by 209.98% over the prior year.

India Maintains a Trade Surplus of ₹47.38 Crore in HSN Code 86071930 Goods

In FY 2024-25, India's exports of ₹53.54 Cr exceeded imports of ₹6.16 Cr, resulting in a trade surplus of ₹47.38 Crore — ranking #2208 of 12657 by surplus magnitude.

Import Growth of 3.33% CAGR Signals Stable Import Dependency for Axle Box (Lubricating)

India's imports under HSN Code 86071930 have grown at 3.33% CAGR, reaching ₹6.16 Crore in FY 2024-25.

HSN Code 86071930 Contributes 4.10% of Sub-Chapter 8607 Exports — Ranked #8

Among the 15 HSN codes under Sub-Chapter 8607, HSN Code 86071930 ranks #8 by export value — accounting for 4.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.15% share (rank #15).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 86071930 and GST compliance.

What products are classified under HSN 86071930 ?

It includes Parts of railway coach: Other

How much GST applies to Axle Box (Lubricating)?

Under HSN 86071930, Axle Box (Lubricating) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Axle Box (Lubricating)?

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.

How should mixed supplies be billed when Axle Box (Lubricating) is sold with other items?

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

Do e‑way bill and e‑invoice apply for Axle Box (Lubricating)?

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 Axle Box (Lubricating)?

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

Can we claim ITC on inputs used to trade Axle Box (Lubricating)?

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.