9033 HSN Code: Machine Parts

HSN Sub Chapter 9033 represents Machine Parts under GST classification. This code helps businesses identify Machine Parts correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9033, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Machine Parts.

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New GST Rate for HSN Code 9033

GST Rate for Machine Parts under HSN Code 9033. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

90

HSN Code

HSN Description

Parts and accessories (not specified or included elsewhere in this chapter) for machines, appliances, instruments or apparatus of chapter 90

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 9033

Following tariff HSN codes fall under Machine Parts.

Tariff HSN

Description

Parts and accessories (not specified or included elsewhere in this chapter) for machines, appliances, instruments or apparatus of chapter 90

India’s Trade Performance — HSN Sub-Chapter 9033 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

₹1,018 Cr

+32.68% vs FY 2023-24

0.0275% of India’s total exports

India’s Imports

FY 2024-25

₹1,573 Cr

+1.13% vs FY 2023-24

0.0258% of India’s total imports

Trade Balance

FY 2024-25

−₹556 Cr

Trade Deficit

Surplus rank #880 of 1233 subchapters

% of Chapter 90

FY 2024-25

2.27%

Share of Chapter 90’s total exports in FY 2024-25

Import side: 1.34% of Chapter 90’s imports

Rank Within Chapter 90

FY 2024-25

#12 of 32

Position by export value among subchapters in Chapter 90

Import-side rank: #14 of 32

At a glance

10.58%

Export CAGR

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

#385

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+34.77%

Peak Growth Year

FY 2022-23 · strongest single-year move

2.27%

Contribution to Ch. 90

Share of Chapter 90 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 9033

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 #399

Balance

−464.14

Exports

556.48 ₹ Cr

0.0242% share

YoY

2.44% of Ch. 90

Imports

1,020.62 ₹ Cr

0.0284% share

YoY

1.52% of Ch. 90

FY 2019-20 Exp. Rank #426

Balance

−354.23

Exports

466.65 ₹ Cr

0.0211% share

−16.14% YoY

1.95% of Ch. 90

Imports

820.88 ₹ Cr

0.0245% share

−19.57% YoY

1.25% of Ch. 90

FY 2020-21 Exp. Rank #444

Balance

−362.79

Exports

463.42 ₹ Cr

0.0215% share

−0.69% YoY

1.91% of Ch. 90

Imports

826.21 ₹ Cr

0.0284% share

+0.65% YoY

1.30% of Ch. 90

FY 2021-22 Exp. Rank #448

Balance

−506.45

Exports

576.45 ₹ Cr

0.0184% share

+24.39% YoY

1.94% of Ch. 90

Imports

1,082.90 ₹ Cr

0.0237% share

+31.07% YoY

1.28% of Ch. 90

FY 2022-23 Exp. Rank #418

Balance

−483.34

Exports

776.90 ₹ Cr

0.0215% share

+34.77% YoY

2.02% of Ch. 90

Imports

1,260.24 ₹ Cr

0.0219% share

+16.38% YoY

1.34% of Ch. 90

FY 2023-24 Exp. Rank #427

Balance

−789.02

Exports

766.90 ₹ Cr

0.0212% share

−1.29% YoY

1.86% of Ch. 90

Imports

1,555.92 ₹ Cr

0.0277% share

+23.46% YoY

1.45% of Ch. 90

FY 2024-25 Exp. Rank #385

Balance

−555.87

Exports

1,017.56 ₹ Cr

0.0275% share

+32.68% YoY

2.27% of Ch. 90

Imports

1,573.43 ₹ Cr

0.0258% share

+1.13% YoY

1.34% of Ch. 90

CAGR · 7-Year

Exports

10.58% /yr

Imports

7.48% /yr

Consistently Deficit
Chapter 90 total

reference, FY 2024-25

Export

₹44,741.39 Cr

Import

₹1,17,087.09 Cr

Trade Balance

−72,345.70

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

Key Trade Insights: HSN Sub-Chapter 9033 Export-Import Analysis

Consistent Export Growth: 10.58% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 9033 have grown at a compound annual rate of 10.58% over 7 fiscal years, rising from ₹556.48 Crore in FY 2018-19 to ₹1,017.56 Crore in FY 2024-25.

HSN Sub-Chapter 9033 Ranked #385 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 9033 ranks #385 out of 1233 subchapters by total export value. Within Chapter 90, it ranks #12 of 32. By trade surplus, it ranks #880 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 9033 Exports

The strongest single-year export movement for HSN Sub-Chapter 9033 was recorded in FY 2022-23, when exports surged by 34.77% over the prior year.

India Records a Trade Deficit of ₹555.87 Crore in HSN Sub-Chapter 9033 Goods

In FY 2024-25, India's imports of ₹1,573.43 Cr exceeded exports of ₹1,017.56 Cr, resulting in a trade deficit of ₹555.87 Crore — ranking #880 of 1233 by surplus magnitude.

Import Growth of 7.48% CAGR Signals Stable Import Dependency for Machine Parts

India's imports under HSN Sub-Chapter 9033 have grown at 7.48% CAGR, reaching ₹1,573.43 Crore in FY 2024-25.

HSN Sub-Chapter 9033 Contributes 2.27% of Chapter 90 Exports — Ranked #12

Among the 32 subchapters under Chapter 90, HSN Sub-Chapter 9033 ranks #12 by export value — accounting for 2.27% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.34% share (rank #14).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 9033 and GST compliance.

What products are classified under HSN 9033

It includes Machine Parts

Can I claim ITC on inputs and services used for Machine Parts?

If your outward supply of Machine Parts 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.

Any import/export nuance for Machine Parts?

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.

How do I bill a kit or combo that includes Machine Parts?

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.

What are the e‑way bill and e‑invoice points while moving Machine Parts?

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.

Is the composition scheme suitable if I mainly trade Machine Parts?

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.

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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