Consistent Export Growth: 10.88% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 8476 have grown at a compound annual rate of 10.88% over 7 fiscal years, rising from ₹66.49 Crore in FY 2018-19 to ₹123.59 Crore in FY 2024-25.
HSN Sub Chapter 8476 represents Vending Machines under GST classification. This code helps businesses identify Vending Machines correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8476, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Vending Machines.
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GST Rate for Vending Machines under HSN Code 8476. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Vending Machines.
Tariff HSN
Description
Automatic beverage-vending machines : Incorporating heating or refrigerating devices : Incorporating refrigerating devices
Tariff HSN
Description
Automatic beverage-vending machines : Incorporating heating or refrigerating devices : Incorporating heating devices
Tariff HSN
Description
Automatic beverage-vending machines : Incorporating heating or refrigerating devices : Other
Tariff HSN
Description
Other machines : Incorporating heating or refrigerating devices : Incorporating refrigerating devices
Tariff HSN
Description
Other machines : Incorporating heating or refrigerating devices : Incorporating heating devices
Tariff HSN
Description
Other machines : Other : Money changing machines
Tariff HSN
Description
Other machines : Other : Postage stamps vending machines
Tariff HSN
Description
Other machines : Other : Cigarette vending machines
Tariff HSN
Description
Other machines : Other : Other
Tariff HSN
Description
Parts : Of machines of Sub-heading 8476 21
Tariff HSN
Description
Parts : Other
India’s Exports
FY 2024-25₹124 Cr
0.0033% of India’s total exports
India’s Imports
FY 2024-25₹78 Cr
0.0013% of India’s total imports
Trade Balance
FY 2024-25₹46 Cr
Surplus rank #438 of 1233 subchapters
% of Chapter 84
FY 2024-250.04%
Share of Chapter 84’s total exports in FY 2024-25
Import side: 0.01% of Chapter 84’s imports
Rank Within Chapter 84
FY 2024-25#78 of 86
Position by export value among subchapters in Chapter 84
Import-side rank: #83 of 86
At a glance
10.88%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#796
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+54.02%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.04%
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
−15.05
Exports
66.49 ₹ Cr
0.0029% share
— YoY
0.05% of Ch. 84
Imports
81.54 ₹ Cr
0.0023% share
— YoY
0.03% of Ch. 84
Balance
+30.04
Exports
82.81 ₹ Cr
0.0037% share
+24.55% YoY
0.06% of Ch. 84
Imports
52.77 ₹ Cr
0.0016% share
−35.28% YoY
0.02% of Ch. 84
Balance
+40.10
Exports
85.54 ₹ Cr
0.0040% share
+3.30% YoY
0.06% of Ch. 84
Imports
45.44 ₹ Cr
0.0016% share
−13.89% YoY
0.02% of Ch. 84
Balance
+79.60
Exports
131.75 ₹ Cr
0.0042% share
+54.02% YoY
0.07% of Ch. 84
Imports
52.15 ₹ Cr
0.0011% share
+14.77% YoY
0.01% of Ch. 84
Balance
+58.99
Exports
123.90 ₹ Cr
0.0034% share
−5.96% YoY
0.06% of Ch. 84
Imports
64.91 ₹ Cr
0.0011% share
+24.47% YoY
0.01% of Ch. 84
Balance
+41.02
Exports
123.38 ₹ Cr
0.0034% share
−0.42% YoY
0.05% of Ch. 84
Imports
82.36 ₹ Cr
0.0015% share
+26.88% YoY
0.02% of Ch. 84
Balance
+45.89
Exports
123.59 ₹ Cr
0.0033% share
+0.17% YoY
0.04% of Ch. 84
Imports
77.70 ₹ Cr
0.0013% share
−5.66% YoY
0.01% of Ch. 84
CAGR · 7-Year
Exports
10.88% /yr
Imports
−0.80% /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 8476 have grown at a compound annual rate of 10.88% over 7 fiscal years, rising from ₹66.49 Crore in FY 2018-19 to ₹123.59 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 8476 ranks #796 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #78 of 86. By trade surplus, it ranks #438 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 8476 was recorded in FY 2021-22, when exports surged by 54.02% over the prior year.
In FY 2024-25, India's exports of ₹123.59 Cr exceeded imports of ₹77.70 Cr, resulting in a trade surplus of ₹45.89 Crore — ranking #438 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 8476 have grown at −0.80% CAGR, reaching ₹77.70 Crore in FY 2024-25.
Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8476 ranks #78 by export value — accounting for 0.04% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #83).
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 8476 and GST compliance.
It includes Vending Machines
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.
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.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
If your outward supply of Vending 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.
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.