Export Decline: −21.19% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 9801 have declined at a compound annual rate of −21.19% over 7 fiscal years, falling from ₹112.58 Crore in FY 2018-19 to ₹26.97 Crore in FY 2024-25.
9801 HSN Code: All machinery items
HSN Sub Chapter 9801 represents All machinery items under GST classification. This code helps businesses identify All machinery items correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 9801, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of All machinery items.
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New GST Rate for HSN Code 9801
GST Rate for All machinery items under HSN Code 9801. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
HSN Code
HSN Description
New GST Rate
Old GST Rate
Chapter No
98HSN Code
HSN Description
All items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxiliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial setting up of a unit, or the substantial expansion of an existing unit, of a specified : (1) industrial plant, (2) irrigation project, (3) power project, (4) mining project, (5) project for the exploration for oil or other minerals, and (6) such other projects as the central government may, having regard to the economic development of the country notify in the official gazette in this behalf; and spare parts, other raw materials (including semi-finished material) or consumable stores not exceeding 10% of the value of the goods specified above provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in (1) to (6) above
New GST Rate
5
%
Essential
Old GST Rate
5
%
Tariff HSN Codes under HSN Sub Chapter 9801
Following tariff HSN codes fall under All machinery items.
Tariff HSN
Description
Tariff HSN
Description
Machinery : For industrial plant project
Tariff HSN
Description
Machinery : For irrigation plant
Tariff HSN
Description
Machinery : For power project
Tariff HSN
Description
Machinery : For mining project
Tariff HSN
Description
Machinery : Project for exploration of oil or other minerals
Tariff HSN
Description
Machinery : For other projects
Tariff HSN
Description
Components (whether or not finished or not) or raw materials for the manufacture of aforesaid items required for the initial setting up of a unit or the substantial expansion of a unit
Tariff HSN
Description
Spare parts and other raw materials (including semi-finished materials or consumable stores for the maintenance of plant or project
India’s Trade Performance — HSN Sub-Chapter 9801 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₹27 Cr
+25.21%
vs FY 2023-24
0.0007% of India’s total exports
India’s Imports
FY 2024-25₹9,124 Cr
−16.66%
vs FY 2023-24
0.1496% of India’s total imports
Trade Balance
FY 2024-25−₹9,097 Cr
Trade Deficit
Surplus rank #1150 of 1233 subchapters
% of Chapter 98
FY 2024-2519.17%
Share of Chapter 98’s total exports in FY 2024-25
Import side: 92.67% of Chapter 98’s imports
Rank Within Chapter 98
FY 2024-25#2 of 5
Position by export value among subchapters in Chapter 98
Import-side rank: #1 of 5
At a glance
−21.19%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#974
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+93.50%
Peak Growth Year
FY 2019-20 · strongest single-year move
19.17%
Contribution to Ch. 98
Share of Chapter 98 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Sub-Chapter 9801
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 #703
Balance
−16,505.18
Exports
112.58 ₹ Cr
0.0049% share
— YoY
37.75% of Ch. 98
Imports
16,617.76 ₹ Cr
0.4628% share
— YoY
98.56% of Ch. 98
FY 2019-20
Exp. Rank #580
Balance
−14,136.77
Exports
217.84 ₹ Cr
0.0099% share
+93.50% YoY
55.14% of Ch. 98
Imports
14,354.61 ₹ Cr
0.4279% share
−13.62% YoY
98.20% of Ch. 98
FY 2020-21
Exp. Rank #957
Balance
−11,090.07
Exports
16.81 ₹ Cr
0.0008% share
−92.28% YoY
27.50% of Ch. 98
Imports
11,106.88 ₹ Cr
0.3812% share
−22.63% YoY
95.41% of Ch. 98
FY 2021-22
Exp. Rank #940
Balance
−10,080.55
Exports
28.13 ₹ Cr
0.0009% share
+67.34% YoY
32.45% of Ch. 98
Imports
10,108.68 ₹ Cr
0.2212% share
−8.99% YoY
90.56% of Ch. 98
FY 2022-23
Exp. Rank #1005
Balance
−12,945.04
Exports
16.02 ₹ Cr
0.0004% share
−43.05% YoY
11.39% of Ch. 98
Imports
12,961.06 ₹ Cr
0.2254% share
+28.22% YoY
91.13% of Ch. 98
FY 2023-24
Exp. Rank #987
Balance
−10,925.23
Exports
21.54 ₹ Cr
0.0006% share
+34.46% YoY
10.49% of Ch. 98
Imports
10,946.77 ₹ Cr
0.1949% share
−15.54% YoY
90.04% of Ch. 98
FY 2024-25
Exp. Rank #974
Balance
−9,096.55
Exports
26.97 ₹ Cr
0.0007% share
+25.21% YoY
19.17% of Ch. 98
Imports
9,123.52 ₹ Cr
0.1496% share
−16.66% YoY
92.67% of Ch. 98
CAGR · 7-Year
Exports
−21.19% /yr
Imports
−9.51% /yr
Consistently Deficit
Chapter 98 total
reference, FY 2024-25
Export
₹140.70 Cr
Import
₹9,844.80 Cr
Trade Balance
−9,704.10
Peak export growth year
Latest available data
Not available
YoY = change vs previous FY
Key Trade Insights: HSN Sub-Chapter 9801 Export-Import Analysis
HSN Sub-Chapter 9801 Ranked #974 Among All 1233 Subchapters by Export Value
In FY 2024-25, HSN Sub-Chapter 9801 ranks #974 out of 1233 subchapters by total export value. Within Chapter 98, it ranks #2 of 5. By trade surplus, it ranks #1150 of 1233.
FY 2019-20 Was the Strongest Growth Year for HSN Sub-Chapter 9801 Exports
The strongest single-year export movement for HSN Sub-Chapter 9801 was recorded in FY 2019-20, when exports surged by 93.50% over the prior year.
India Records a Trade Deficit of ₹9,096.55 Crore in HSN Sub-Chapter 9801 Goods
In FY 2024-25, India's imports of ₹9,123.52 Cr exceeded exports of ₹26.97 Cr, resulting in a trade deficit of ₹9,096.55 Crore — ranking #1150 of 1233 by surplus magnitude.
Import Growth of −9.51% CAGR Signals Stable Import Dependency for All machinery items
India's imports under HSN Sub-Chapter 9801 have grown at −9.51% CAGR, reaching ₹9,123.52 Crore in FY 2024-25.
HSN Sub-Chapter 9801 Contributes 19.17% of Chapter 98 Exports — Ranked #2
Among the 5 subchapters under Chapter 98, HSN Sub-Chapter 9801 ranks #2 by export value — accounting for 19.17% of the chapter's total exports in FY 2024-25. On the import side, it holds 92.67% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Sub Chapter 9801 and GST compliance.
What products are classified under HSN 9801
It includes All machinery items
If I repair and return All machinery items, 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 All machinery items 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.
How should I document All machinery items sent for job work?
Use a delivery challan for sending All machinery items 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.
Can reverse charge ever apply to transactions involving All machinery items?
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of All machinery items are forward charge. Check the current notifications for any special cases before deciding.
What should my invoice and records include for All machinery items?
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.
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.