HSN Code 98010012: Machinery | For Irrigation Plant

HSN Code 98010012 represents Machinery | For Irrigation Plant under GST classification. This code helps businesses identify Machinery | For Irrigation Plant correctly for billing, taxation, and trade. With HSN Code 98010012, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Machinery | For Irrigation Plant.

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Description of Goods for HSN Code 98010012

HSN Code 98010012 relates to the following description.

Description of Goods

Machinery : For irrigation plant

Chapter

98 - Project imports; laboratory chemicals; passengers' baggage, personal importations by air or post; ship stores

Sub Chapter

9801 - All items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxiliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial setting up of a unit, or the substantial expansion of an existing unit, of a specified : (1) industrial plant, (2) irrigation project, (3) power project, (4) mining project, (5) project for the exploration for oil or other minerals, and (6) such other projects as the central government may, having regard to the economic development of the country notify in the official gazette in this behalf; and spare parts, other raw materials (including semi-finished material) or consumable stores not exceeding 10% of the value of the goods specified above provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in (1) to (6) above

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 98010012 not include?

Machinery | For Irrigation Plant does not include products with the following descriptions.

HSN Code 98010020

Components (whether or not finished or not) or raw materials for the manufacture of aforesaid items required for the initial setting up of a unit or the substantial expansion of a unit

HSN Code 98010030

Spare parts and other raw materials (including semi-finished materials or consumable stores for the maintenance of plant or project

India’s Trade Performance — HSN Code 98010012 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

< ₹1 Crore

−71.43% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹56 Cr

+72.08% vs FY 2023-24

0.0009% of India’s total imports

Trade Balance

FY 2024-25

−₹56 Cr

Trade Deficit

Surplus rank #10332 of 12657 HSN codes

% of Sub-Chapter 9801

FY 2024-25

0.30%

Share of Sub-Chapter 9801’s total exports in FY 2024-25

Import side: 0.62% of Sub-Chapter 9801’s imports

Rank Within Sub-Chapter 9801

FY 2024-25

#5 of 8

Position by export value among HSN codes in Sub-Chapter 9801

Import-side rank: #6 of 8

At a glance

−17.30%

Export CAGR

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

#9843

National Export Rank

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

+400.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.30%

Contribution to Sub-Ch. 9801

Share of Sub-Chapter 9801 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 98010012

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 #8668

Balance

−949.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.22% of Sub-Ch. 9801

Imports

949.29 ₹ Cr

0.0265% share

— YoY

5.71% of Sub-Ch. 9801

FY 2019-20 Exp. Rank #9466

Balance

−548.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−80.00% YoY

0.02% of Sub-Ch. 9801

Imports

548.13 ₹ Cr

0.0164% share

−42.26% YoY

3.82% of Sub-Ch. 9801

FY 2020-21 Exp. Rank #9473

Balance

−508.90

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+20.00% YoY

0.36% of Sub-Ch. 9801

Imports

508.96 ₹ Cr

0.0175% share

−7.15% YoY

4.58% of Sub-Ch. 9801

FY 2021-22 Exp. Rank #10058

Balance

−47.27

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

0.07% of Sub-Ch. 9801

Imports

47.29 ₹ Cr

0.0010% share

−90.71% YoY

0.47% of Sub-Ch. 9801

FY 2022-23 Exp. Rank #9640

Balance

−50.87

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+400.00% YoY

0.62% of Sub-Ch. 9801

Imports

50.97 ₹ Cr

0.0009% share

+7.78% YoY

0.39% of Sub-Ch. 9801

FY 2023-24 Exp. Rank #9231

Balance

−32.46

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+180.00% YoY

1.30% of Sub-Ch. 9801

Imports

32.74 ₹ Cr

0.0006% share

−35.77% YoY

0.30% of Sub-Ch. 9801

FY 2024-25 Exp. Rank #9843

Balance

−56.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−71.43% YoY

0.30% of Sub-Ch. 9801

Imports

56.34 ₹ Cr

0.0009% share

+72.08% YoY

0.62% of Sub-Ch. 9801

CAGR · 7-Year

Exports

−17.30% /yr

Imports

−37.54% /yr

Consistently Deficit
Sub-Chapter 9801 total

reference, FY 2024-25

Export

₹26.97 Cr

Import

₹9,123.52 Cr

Trade Balance

−9,096.55

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

Key Trade Insights: HSN Code 98010012 Export-Import Analysis

Export Decline: −17.30% CAGR Over 7 Years

India's exports under HSN Code 98010012 have declined at a compound annual rate of −17.30% over 7 fiscal years, falling from ₹0.25 Crore in FY 2018-19 to ₹0.08 Crore in FY 2024-25.

HSN Code 98010012 Ranked #9843 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 98010012 ranks #9843 out of 12657 HSN codes by total export value. Within Sub-Chapter 9801, it ranks #5 of 8. By trade surplus, it ranks #10332 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 98010012 Exports

The strongest single-year export movement for HSN Code 98010012 was recorded in FY 2022-23, when exports surged by 400.00% over the prior year.

India Records a Trade Deficit of ₹56.26 Crore in HSN Code 98010012 Goods

In FY 2024-25, India's imports of ₹56.34 Cr exceeded exports of ₹0.08 Cr, resulting in a trade deficit of ₹56.26 Crore — ranking #10332 of 12657 by surplus magnitude.

Import Growth of −37.54% CAGR Signals Stable Import Dependency for Machinery | For Irrigation Plant

India's imports under HSN Code 98010012 have grown at −37.54% CAGR, reaching ₹56.34 Crore in FY 2024-25.

HSN Code 98010012 Contributes 0.30% of Sub-Chapter 9801 Exports — Ranked #5

Among the 8 HSN codes under Sub-Chapter 9801, HSN Code 98010012 ranks #5 by export value — accounting for 0.30% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.62% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 98010012 and GST compliance.

What products are classified under HSN 98010012 ?

It includes Dutiable Baggage Articles

Can we claim ITC on inputs used to trade Machinery / For Irrigation Plant?

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 Machinery / For Irrigation Plant?

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 Machinery / For Irrigation Plant?

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

How much GST applies to Machinery / For Irrigation Plant?

Under HSN 98010012, Machinery / For Irrigation Plant attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Machinery / For Irrigation Plant?

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 Machinery / For Irrigation Plant is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Machinery / For Irrigation Plant; Nil for exempt items if applicable).

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.