Consistent Export Growth: 6.42% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8420 have grown at a compound annual rate of 6.42% over 7 fiscal years, rising from ₹114.94 Crore in FY 2018-19 to ₹166.99 Crore in FY 2024-25.
HSN Sub Chapter 8420 represents Rolling machines for non-metals under GST classification. This code helps businesses identify Rolling machines for non-metals correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8420, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Rolling machines for non-metals.
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GST Rate for Rolling machines for non-metals under HSN Code 8420. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Rolling machines for non-metals.
India’s Exports
FY 2024-25₹167 Cr
0.0045% of India’s total exports
India’s Imports
FY 2024-25₹438 Cr
0.0072% of India’s total imports
Trade Balance
FY 2024-25−₹271 Cr
Surplus rank #813 of 1233 subchapters
% of Chapter 84
FY 2024-250.06%
Share of Chapter 84’s total exports in FY 2024-25
Import side: 0.08% of Chapter 84’s imports
Rank Within Chapter 84
FY 2024-25#71 of 86
Position by export value among subchapters in Chapter 84
Import-side rank: #74 of 86
At a glance
6.42%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#739
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+66.81%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.06%
Contribution to Ch. 84
Share of Chapter 84 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−143.05
Exports
114.94 ₹ Cr
0.0050% share
— YoY
0.08% of Ch. 84
Imports
257.99 ₹ Cr
0.0072% share
— YoY
0.08% of Ch. 84
Balance
−204.63
Exports
92.58 ₹ Cr
0.0042% share
−19.45% YoY
0.06% of Ch. 84
Imports
297.21 ₹ Cr
0.0089% share
+15.20% YoY
0.10% of Ch. 84
Balance
−119.37
Exports
82.64 ₹ Cr
0.0038% share
−10.74% YoY
0.06% of Ch. 84
Imports
202.01 ₹ Cr
0.0069% share
−32.03% YoY
0.07% of Ch. 84
Balance
−160.67
Exports
137.85 ₹ Cr
0.0044% share
+66.81% YoY
0.07% of Ch. 84
Imports
298.52 ₹ Cr
0.0065% share
+47.77% YoY
0.08% of Ch. 84
Balance
−320.60
Exports
146.39 ₹ Cr
0.0040% share
+6.20% YoY
0.07% of Ch. 84
Imports
466.99 ₹ Cr
0.0081% share
+56.44% YoY
0.11% of Ch. 84
Balance
−85.83
Exports
205.05 ₹ Cr
0.0057% share
+40.07% YoY
0.08% of Ch. 84
Imports
290.88 ₹ Cr
0.0052% share
−37.71% YoY
0.06% of Ch. 84
Balance
−271.01
Exports
166.99 ₹ Cr
0.0045% share
−18.56% YoY
0.06% of Ch. 84
Imports
438.00 ₹ Cr
0.0072% share
+50.58% YoY
0.08% of Ch. 84
CAGR · 7-Year
Exports
6.42% /yr
Imports
9.22% /yr
reference, FY 2024-25
Export
₹2,83,259.46 Cr
Import
₹5,43,949.32 Cr
Trade Balance
−2,60,689.86
India's exports under HSN Sub-Chapter 8420 have grown at a compound annual rate of 6.42% over 7 fiscal years, rising from ₹114.94 Crore in FY 2018-19 to ₹166.99 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8420 ranks #739 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #71 of 86. By trade surplus, it ranks #813 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8420 was recorded in FY 2021-22, when exports surged by 66.81% over the prior year.
In FY 2024-25, India's imports of ₹438.00 Cr exceeded exports of ₹166.99 Cr, resulting in a trade deficit of ₹271.01 Crore — ranking #813 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8420 have grown at 9.22% CAGR, reaching ₹438.00 Crore in FY 2024-25.
Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8420 ranks #71 by export value — accounting for 0.06% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.08% share (rank #74).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 8420 and GST compliance.
It includes Rolling machines for non-metals
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.