Consistent Export Growth: 6.84% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8437 have grown at a compound annual rate of 6.84% over 7 fiscal years, rising from ₹474.25 Crore in FY 2018-19 to ₹705.52 Crore in FY 2024-25.
HSN Sub Chapter 8437 represents Grain Sorting Machines under GST classification. This code helps businesses identify Grain Sorting Machines correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8437, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Grain Sorting Machines.
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GST Rate for Grain Sorting Machines under HSN Code 8437. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
84HSN Code
HSN Description
Machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables; machinery used in the milling industry or for the working of cereals or dried leguminous vegetables, other than farm-type machinery and parts thereof
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Grain Sorting Machines.
Tariff HSN
Description
Machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables
Tariff HSN
Description
Other machinery : Flour mill machinery
Tariff HSN
Description
Other machinery : Rice mill machinery
Tariff HSN
Description
Other machinery : Other
Tariff HSN
Description
Parts : Of flour mill machinery
Tariff HSN
Description
Parts : Of rice mill machinery
Tariff HSN
Description
Parts : Other
India’s Exports
FY 2024-25₹706 Cr
0.0191% of India’s total exports
India’s Imports
FY 2024-25₹1,761 Cr
0.0289% of India’s total imports
Trade Balance
FY 2024-25−₹1,055 Cr
Surplus rank #958 of 1233 subchapters
% of Chapter 84
FY 2024-250.25%
Share of Chapter 84’s total exports in FY 2024-25
Import side: 0.32% of Chapter 84’s imports
Rank Within Chapter 84
FY 2024-25#46 of 86
Position by export value among subchapters in Chapter 84
Import-side rank: #51 of 86
At a glance
6.84%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#451
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+17.88%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.25%
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
−339.70
Exports
474.25 ₹ Cr
0.0207% share
— YoY
0.32% of Ch. 84
Imports
813.95 ₹ Cr
0.0227% share
— YoY
0.27% of Ch. 84
Balance
−469.88
Exports
505.20 ₹ Cr
0.0229% share
+6.53% YoY
0.34% of Ch. 84
Imports
975.08 ₹ Cr
0.0291% share
+19.80% YoY
0.32% of Ch. 84
Balance
−513.88
Exports
560.64 ₹ Cr
0.0261% share
+10.97% YoY
0.40% of Ch. 84
Imports
1,074.52 ₹ Cr
0.0369% share
+10.20% YoY
0.39% of Ch. 84
Balance
−625.99
Exports
644.81 ₹ Cr
0.0205% share
+15.01% YoY
0.34% of Ch. 84
Imports
1,270.80 ₹ Cr
0.0278% share
+18.27% YoY
0.34% of Ch. 84
Balance
−886.49
Exports
760.08 ₹ Cr
0.0210% share
+17.88% YoY
0.34% of Ch. 84
Imports
1,646.57 ₹ Cr
0.0286% share
+29.57% YoY
0.38% of Ch. 84
Balance
−1,293.27
Exports
712.40 ₹ Cr
0.0197% share
−6.27% YoY
0.29% of Ch. 84
Imports
2,005.67 ₹ Cr
0.0357% share
+21.81% YoY
0.42% of Ch. 84
Balance
−1,055.36
Exports
705.52 ₹ Cr
0.0191% share
−0.97% YoY
0.25% of Ch. 84
Imports
1,760.88 ₹ Cr
0.0289% share
−12.20% YoY
0.32% of Ch. 84
CAGR · 7-Year
Exports
6.84% /yr
Imports
13.72% /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 8437 have grown at a compound annual rate of 6.84% over 7 fiscal years, rising from ₹474.25 Crore in FY 2018-19 to ₹705.52 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8437 ranks #451 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #46 of 86. By trade surplus, it ranks #958 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8437 was recorded in FY 2022-23, when exports surged by 17.88% over the prior year.
In FY 2024-25, India's imports of ₹1,760.88 Cr exceeded exports of ₹705.52 Cr, resulting in a trade deficit of ₹1,055.36 Crore — ranking #958 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8437 have grown at 13.72% CAGR, reaching ₹1,760.88 Crore in FY 2024-25.
Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8437 ranks #46 by export value — accounting for 0.25% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.32% share (rank #51).
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 8437 and GST compliance.
It includes Grain Sorting Machines
If your outward supply of Grain Sorting Machines is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
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.
Use a delivery challan for sending Grain Sorting Machines 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 Grain Sorting Machines 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.