8432 HSN Code: Agricultural machinery

HSN Sub Chapter 8432 represents Agricultural machinery under GST classification. This code helps businesses identify Agricultural machinery correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8432, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Agricultural machinery.

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New GST Rate for HSN Code 8432

GST Rate for Agricultural machinery under HSN Code 8432. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

84

HSN Code

8432

HSN Description

Agricultural, horticultural or forestry machinery for soil preparation or cultivation; lawn or sports- ground rollers

New GST Rate

5 %
Essential

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 8432

Following tariff HSN codes fall under Agricultural machinery.

Tariff HSN

84321010

Description

Ploughs: Disc ploughs

Tariff HSN

84321020

Description

Ploughs: Other tractor ploughs

Tariff HSN

84321090

Description

Ploughs: Other

Tariff HSN

84322100

Description

Harrows, scarifiers, cultivators, weeders and hoes : Disc harrows

Tariff HSN

84322910

Description

Harrows, scarifiers, cultivators, weeders and hoes : Other : Rotary hoes

Tariff HSN

84322990

Description

Harrows, scarifiers, cultivators, weeders and hoes : Other : Other

Tariff HSN

84323000

Description

Agricultural, horticultural or forestry machinery for soil preparation or cultivation; lawn or sportsground rollers seeders, planters and transplanters

Tariff HSN

84323100

Description

Seeders, planters and transplanters: No-till direct seeders, planters and transplanters

Tariff HSN

84323900

Description

Seeders, planters and transplanters: Other

Tariff HSN

84324000

Description

Agricultural, horticultural or forestry machinery for soil preparation or cultivation; lawn or sportsground rollers manure spreaders and fertilizer distributors

Tariff HSN

84324100

Description

Manure spreaders and fertiliser distributors: Manure spreaders

Tariff HSN

84324200

Description

Manure spreaders and fertiliser distributors: Fertiliser distributors

Tariff HSN

84328010

Description

Other machinery : Lawn or sports ground rollers

Tariff HSN

84328020

Description

Other machinery : Rotary tiller

Tariff HSN

84328090

Description

Other machinery : Other

Tariff HSN

84329010

Description

Parts : Parts of agricultural machinery falling within headings 8432 10, 8432 21, 8432 29, 8432 30 and 8432 40

Tariff HSN

84329090

Description

Parts : Other

India’s Trade Performance — HSN Sub-Chapter 8432 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

₹1,657 Cr

−0.19% vs FY 2023-24

0.0447% of India’s total exports

India’s Imports

FY 2024-25

₹883 Cr

+13.52% vs FY 2023-24

0.0145% of India’s total imports

Trade Balance

FY 2024-25

₹774 Cr

Trade Surplus

Surplus rank #209 of 1233 subchapters

% of Chapter 84

FY 2024-25

0.58%

Share of Chapter 84’s total exports in FY 2024-25

Import side: 0.16% of Chapter 84’s imports

Rank Within Chapter 84

FY 2024-25

#34 of 86

Position by export value among subchapters in Chapter 84

Import-side rank: #62 of 86

At a glance

14.18%

Export CAGR

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

#302

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+54.44%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.58%

Contribution to Ch. 84

Share of Chapter 84 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8432

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 #341

Balance

+300.92

Exports

747.79 ₹ Cr

0.0326% share

— YoY

0.51% of Ch. 84

Imports

446.87 ₹ Cr

0.0124% share

— YoY

0.15% of Ch. 84

FY 2019-20 Exp. Rank #323

Balance

+368.42

Exports

795.44 ₹ Cr

0.0360% share

+6.37% YoY

0.54% of Ch. 84

Imports

427.02 ₹ Cr

0.0127% share

−4.44% YoY

0.14% of Ch. 84

FY 2020-21 Exp. Rank #295

Balance

+443.29

Exports

1,081.80 ₹ Cr

0.0503% share

+36.00% YoY

0.77% of Ch. 84

Imports

638.51 ₹ Cr

0.0219% share

+49.53% YoY

0.23% of Ch. 84

FY 2021-22 Exp. Rank #255

Balance

+1,098.04

Exports

1,670.76 ₹ Cr

0.0532% share

+54.44% YoY

0.88% of Ch. 84

Imports

572.72 ₹ Cr

0.0125% share

−10.30% YoY

0.15% of Ch. 84

FY 2022-23 Exp. Rank #274

Balance

+1,110.44

Exports

1,707.98 ₹ Cr

0.0472% share

+2.23% YoY

0.77% of Ch. 84

Imports

597.54 ₹ Cr

0.0104% share

+4.33% YoY

0.14% of Ch. 84

FY 2023-24 Exp. Rank #283

Balance

+882.03

Exports

1,659.89 ₹ Cr

0.0459% share

−2.82% YoY

0.67% of Ch. 84

Imports

777.86 ₹ Cr

0.0139% share

+30.18% YoY

0.16% of Ch. 84

FY 2024-25 Exp. Rank #302

Balance

+773.73

Exports

1,656.72 ₹ Cr

0.0447% share

−0.19% YoY

0.58% of Ch. 84

Imports

882.99 ₹ Cr

0.0145% share

+13.52% YoY

0.16% of Ch. 84

CAGR · 7-Year

Exports

14.18% /yr

Imports

12.02% /yr

Consistently Surplus
Chapter 84 total

reference, FY 2024-25

Export

₹2,83,259.46 Cr

Import

₹5,43,949.32 Cr

Trade Balance

−2,60,689.86

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

Key Trade Insights: HSN Sub-Chapter 8432 Export-Import Analysis

Consistent Export Growth: 14.18% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8432 have grown at a compound annual rate of 14.18% over 7 fiscal years, rising from ₹747.79 Crore in FY 2018-19 to ₹1,656.72 Crore in FY 2024-25.

HSN Sub-Chapter 8432 Ranked #302 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8432 ranks #302 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #34 of 86. By trade surplus, it ranks #209 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 8432 Exports

The strongest single-year export movement for HSN Sub-Chapter 8432 was recorded in FY 2021-22, when exports surged by 54.44% over the prior year.

India Maintains a Trade Surplus of ₹773.73 Crore in HSN Sub-Chapter 8432 Goods

In FY 2024-25, India's exports of ₹1,656.72 Cr exceeded imports of ₹882.99 Cr, resulting in a trade surplus of ₹773.73 Crore — ranking #209 of 1233 by surplus magnitude.

Import Growth of 12.02% CAGR Signals Rising Demand for Agricultural machinery

India's imports under HSN Sub-Chapter 8432 have grown at 12.02% CAGR, reaching ₹882.99 Crore in FY 2024-25.

HSN Sub-Chapter 8432 Contributes 0.58% of Chapter 84 Exports — Ranked #34

Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8432 ranks #34 by export value — accounting for 0.58% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.16% share (rank #62).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8432 and GST compliance.

What products are classified under HSN 8432

It includes Agricultural machinery

How should I document Agricultural machinery sent for job work?

Use a delivery challan for sending Agricultural machinery to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

Is the composition scheme suitable if I mainly trade Agricultural machinery?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

If I repair and return Agricultural machinery, how should I charge GST?

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.

Any special steps when selling Agricultural machinery through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

What misclassification mistakes happen with Agricultural machinery?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

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.

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