Consistent Export Growth: 16.85% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8434 have grown at a compound annual rate of 16.85% over 7 fiscal years, rising from ₹57.44 Crore in FY 2018-19 to ₹146.24 Crore in FY 2024-25.
HSN Sub Chapter 8434 represents Milking Machines, Dairy Machinery under GST classification. This code helps businesses identify Milking Machines, Dairy Machinery correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8434, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Milking Machines, Dairy Machinery.
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GST Rate for Milking Machines, Dairy Machinery under HSN Code 8434. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Milking Machines, Dairy Machinery.
India’s Exports
FY 2024-25₹146 Cr
0.0039% of India’s total exports
India’s Imports
FY 2024-25₹168 Cr
0.0028% of India’s total imports
Trade Balance
FY 2024-25−₹22 Cr
Surplus rank #626 of 1233 subchapters
% of Chapter 84
FY 2024-250.05%
Share of Chapter 84’s total exports in FY 2024-25
Import side: 0.03% of Chapter 84’s imports
Rank Within Chapter 84
FY 2024-25#76 of 86
Position by export value among subchapters in Chapter 84
Import-side rank: #79 of 86
At a glance
16.85%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#766
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+118.35%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.05%
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
−102.04
Exports
57.44 ₹ Cr
0.0025% share
— YoY
0.04% of Ch. 84
Imports
159.48 ₹ Cr
0.0044% share
— YoY
0.05% of Ch. 84
Balance
+21.44
Exports
125.42 ₹ Cr
0.0057% share
+118.35% YoY
0.08% of Ch. 84
Imports
103.98 ₹ Cr
0.0031% share
−34.80% YoY
0.03% of Ch. 84
Balance
−13.59
Exports
95.85 ₹ Cr
0.0045% share
−23.58% YoY
0.07% of Ch. 84
Imports
109.44 ₹ Cr
0.0038% share
+5.25% YoY
0.04% of Ch. 84
Balance
−46.17
Exports
81.25 ₹ Cr
0.0026% share
−15.23% YoY
0.04% of Ch. 84
Imports
127.42 ₹ Cr
0.0028% share
+16.43% YoY
0.03% of Ch. 84
Balance
+20.42
Exports
132.39 ₹ Cr
0.0037% share
+62.94% YoY
0.06% of Ch. 84
Imports
111.97 ₹ Cr
0.0019% share
−12.13% YoY
0.03% of Ch. 84
Balance
−87.26
Exports
118.32 ₹ Cr
0.0033% share
−10.63% YoY
0.05% of Ch. 84
Imports
205.58 ₹ Cr
0.0037% share
+83.60% YoY
0.04% of Ch. 84
Balance
−21.75
Exports
146.24 ₹ Cr
0.0039% share
+23.60% YoY
0.05% of Ch. 84
Imports
167.99 ₹ Cr
0.0028% share
−18.28% YoY
0.03% of Ch. 84
CAGR · 7-Year
Exports
16.85% /yr
Imports
0.87% /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 8434 have grown at a compound annual rate of 16.85% over 7 fiscal years, rising from ₹57.44 Crore in FY 2018-19 to ₹146.24 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8434 ranks #766 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #76 of 86. By trade surplus, it ranks #626 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8434 was recorded in FY 2019-20, when exports surged by 118.35% over the prior year.
In FY 2024-25, India's imports of ₹167.99 Cr exceeded exports of ₹146.24 Cr, resulting in a trade deficit of ₹21.75 Crore — ranking #626 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8434 have grown at 0.87% CAGR, reaching ₹167.99 Crore in FY 2024-25.
Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8434 ranks #76 by export value — accounting for 0.05% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.03% share (rank #79).
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 8434 and GST compliance.
It includes Milking Machines, Dairy Machinery
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.
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.
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.
Use a delivery challan for sending Milking Machines, Dairy 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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Milking Machines, Dairy Machinery is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.