---
title: "HSN Code for Machinery | For Power Project | HSN 98010013 GST Rate"
description: "Find HSN and GST Rates for 98010013 related to Machinery | For Power Project with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-98010013/"
---

# HSN Code 98010013: Machinery | For Power Project

- [Section 21: Guide to HSN Section 21](https://busy.in/hsn/section-21/)
- [Chapter 98: Project Imports & Laboratory Chemicals](https://busy.in/hsn/chapter-98/)
- [Sub-chapter 9801: All machinery items](https://busy.in/hsn/sub-chapter-9801/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Machinery : For power project | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 98010013 ?

It includes Drugs & medicines (personal use)

### How much GST applies to Machinery / For Power Project?

Under HSN 98010013, Machinery / For Power Project attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Machinery / For Power Project is sold with other items?

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

### Does packaging or labelling change the GST for Machinery / For Power Project?

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.

### Can we claim ITC on inputs used to trade Machinery / For Power Project?

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 Power Project?

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.

## India's trade performance: HSN Code 98010013 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (−92.31% YoY) — 0.0000% of India's total exports
- Imports: ₹7,222 Cr (+35.00% YoY) — 0.1189% of India's total imports
- Trade balance: −₹7,222 Cr (Deficit); surplus rank #12580 of 12657 HSN codes
- Share of Sub-Chapter 9801: 0.07% of its exports; import side 79.16%
- Rank within Sub-Chapter 9801: #6 of 8 by export value; import-side #1

### Key metrics

- Export CAGR: -62.48% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #10305 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +47.42% in FY 2019-20
- Contribution to Sub-Ch. 9801: 0.07% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 98010013

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 9801 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 9801 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 7.17 | 0.0003% | — | 6.37% | 8,195.34 | 0.2286% | — | 49.32% | −8,188.17 | #5410 |
| FY 2019-20 | 10.57 | 0.0005% | +47.42% | 4.85% | 5,721.35 | 0.1709% | −30.19% | 39.86% | −5,710.78 | #4932 |
| FY 2020-21 | 2.55 | 0.0001% | −75.88% | 15.17% | 4,315.92 | 0.1481% | −24.56% | 38.86% | −4,313.37 | #6714 |
| FY 2021-22 | 2.23 | 0.0001% | −12.55% | 7.93% | 6,122.86 | 0.1340% | +41.87% | 60.57% | −6,120.63 | #7198 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −61.44% | 5.37% | 8,987.15 | 0.1563% | +46.78% | 69.34% | −8,986.29 | #8235 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −69.77% | 1.21% | 5,349.57 | 0.0953% | −40.48% | 48.87% | −5,349.31 | #9282 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −92.31% | 0.07% | 7,221.91 | 0.1189% | +35.00% | 79.16% | −7,221.89 | #10305 |

- CAGR (7-year): exports -62.48%/yr, imports -2.09%/yr (consistently Deficit)

## Key trade insights: HSN Code 98010013 export-import analysis

### Export decline: -62.48% CAGR over 7 years

India's exports under HSN Code 98010013 have declined at a compound annual rate of -62.48% over 7 fiscal years, falling from ₹7.17 Crore in FY 2018-19 to ₹0.02 Crore in FY 2024-25.

### HSN Code 98010013 ranked #10305 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 98010013 ranks #10305 out of 12657 HSN codes by total export value. Within Sub-Chapter 9801, it ranks #6 of 8. By trade surplus, it ranks #12580 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 98010013 exports

The strongest single-year export movement for HSN Code 98010013 was recorded in FY 2019-20, when exports surged by 47.42% over the prior year.

### India records a trade deficit of ₹7,221.89 Crore in HSN Code 98010013 goods

In FY 2024-25, India's imports of ₹7,221.91 Cr exceeded exports of ₹0.02 Cr, resulting in a trade deficit of ₹7,221.89 Crore — ranking #12580 of 12657 by surplus magnitude.

### Import growth of -2.09% CAGR signals stable import dependency for Machinery | For Power Project

India's imports under HSN Code 98010013 have grown at -2.09% CAGR, reaching ₹7,221.91 Crore in FY 2024-25.

### HSN Code 98010013 contributes 0.07% of Sub-Chapter 9801 exports — ranked #6

Among the 8 HSN codes under Sub-Chapter 9801, HSN Code 98010013 ranks #6 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 79.16% share (rank #1).

## Related HSN Codes in Sub-Chapter 9801

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 98010011: Looped Pile Fabrics \| Of Man-Made Fibres](https://busy.in/hsn/hsn-98010011/) | ₹14 Cr |
| #2 | [HSN Code 98010030: Spare Parts/Raw Materials for Plant Maintenance](https://busy.in/hsn/hsn-98010030/) | ₹7 Cr |
| #3 | [HSN Code 98010019: Machinery \| For Other Projects](https://busy.in/hsn/hsn-98010019/) | ₹5 Cr |
| #4 | [HSN Code 98010020: Components/raw materials for unit setup](https://busy.in/hsn/hsn-98010020/) | < ₹1 Crore |
| #5 | [HSN Code 98010012: Machinery \| For Irrigation Plant](https://busy.in/hsn/hsn-98010012/) | < ₹1 Crore |
| #6 | HSN Code 98010013: Machinery \| For Power Project (this hsn code) | < ₹1 Crore |
| — | [HSN Code 98010014: Machinery \| For Mining Project](https://busy.in/hsn/hsn-98010014/) | Nil |
| — | [HSN Code 98010015: Machinery: Oil exploration](https://busy.in/hsn/hsn-98010015/) | Nil |