---
title: "HSN Code for Hand Wool Knit (<=165mm) | HSN 84471111 GST Rate"
description: "Find HSN and GST Rates for 84471111 related to Hand Wool Knit (<=165mm) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84471111/"
---

# HSN Code 84471111: Hand Wool Knit (<=165mm)

- [Section 16: Guide to HSN Section 16](https://busy.in/hsn/section-16/)
- [Chapter 84: Nuclear Reactors, Boilers & Machinery](https://busy.in/hsn/chapter-84/)
- [Sub-chapter 8447: Knitting & Stitch-Bonding Machines](https://busy.in/hsn/sub-chapter-8447/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Circular knitting machines : With cylinder diameter not exceeding 165 mm : Wool knitting machines : Hand knitting machines | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84471111 ?

It includes Circular Knitting Machines, Wool (>165mm)

### How much GST applies to Hand Wool Knit (<=165mm)?

Under HSN 84471111, Hand Wool Knit (<=165mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Do e‑way bill and e‑invoice apply for Hand Wool Knit (<=165mm)?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

### Can we claim ITC on inputs used to trade Hand Wool Knit (<=165mm)?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### Does packaging or labelling change the GST for Hand Wool Knit (<=165mm)?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

### How should mixed supplies be billed when Hand Wool Knit (<=165mm) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Hand Wool Knit (<=165mm); Nil for exempt items if applicable).

### Any common misclassification issue with Hand Wool Knit (<=165mm)?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

## India's trade performance: HSN Code 84471111 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (+120.00% YoY) — 0.0000% of India's total exports
- Imports: ₹2 Cr (+4.65% YoY) — 0.0000% of India's total imports
- Trade balance: −₹2 Cr (Deficit); surplus rank #8150 of 12657 HSN codes
- Share of Sub-Chapter 8447: 1.82% of its exports; import side 0.05%
- Rank within Sub-Chapter 8447: #6 of 15 by export value; import-side #14

### Key metrics

- Export CAGR: 11.42% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8914 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +221.74% in FY 2019-20
- Contribution to Sub-Ch. 8447: 1.82% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84471111

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 8447 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8447 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 1.35% | < ₹1 Crore | 0.0000% | — | 0.04% | −0.47 | #8711 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | +221.74% | 2.31% | 1.59 | 0.0000% | +127.14% | 0.08% | −0.85 | #7881 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −39.19% | 1.41% | < ₹1 Crore | 0.0000% | −55.35% | 0.05% | −0.26 | #8314 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −15.56% | 0.53% | < ₹1 Crore | 0.0000% | −80.28% | 0.01% | +0.24 | #8765 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −2.63% | 1.41% | 1.76 | 0.0000% | +1,157.14% | 0.05% | −1.39 | #8913 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −45.95% | 0.71% | 2.15 | 0.0000% | +22.16% | 0.06% | −1.95 | #9440 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | +120.00% | 1.82% | 2.25 | 0.0000% | +4.65% | 0.05% | −1.81 | #8914 |

- CAGR (7-year): exports 11.42%/yr, imports 21.48%/yr (consistently Deficit)

## Key trade insights: HSN Code 84471111 export-import analysis

### Consistent export growth: 11.42% CAGR over 7 years

India's exports under HSN Code 84471111 have grown at a compound annual rate of 11.42% over 7 fiscal years, rising from ₹0.23 Crore in FY 2018-19 to ₹0.44 Crore in FY 2024-25.

### HSN Code 84471111 ranked #8914 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84471111 ranks #8914 out of 12657 HSN codes by total export value. Within Sub-Chapter 8447, it ranks #6 of 15. By trade surplus, it ranks #8150 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 84471111 exports

The strongest single-year export movement for HSN Code 84471111 was recorded in FY 2019-20, when exports surged by 221.74% over the prior year.

### India records a trade deficit of ₹1.81 Crore in HSN Code 84471111 goods

In FY 2024-25, India's imports of ₹2.25 Cr exceeded exports of ₹0.44 Cr, resulting in a trade deficit of ₹1.81 Crore — ranking #8150 of 12657 by surplus magnitude.

### Import growth of 21.48% CAGR signals rising demand for Hand Wool Knit (<=165mm)

India's imports under HSN Code 84471111 have grown at 21.48% CAGR, reaching ₹2.25 Crore in FY 2024-25.

### HSN Code 84471111 contributes 1.82% of Sub-Chapter 8447 exports — ranked #6

Among the 15 HSN codes under Sub-Chapter 8447, HSN Code 84471111 ranks #6 by export value — accounting for 1.82% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.05% share (rank #14).

## Related HSN Codes in Sub-Chapter 8447

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 84479030: Other : Other](https://busy.in/hsn/hsn-84479030/) | ₹15 Cr |
| #2 | [HSN Code 84472090: Flat knitting machines](https://busy.in/hsn/hsn-84472090/) | ₹4 Cr |
| #3 | [HSN Code 84479020: Other \| Machines For Making Embroidery](https://busy.in/hsn/hsn-84479020/) | ₹2 Cr |
| #4 | [HSN Code 84472020: Wool Knitting Machines](https://busy.in/hsn/hsn-84472020/) | ₹1 Cr |
| #5 | [HSN Code 84471290: Circular Knitting Machines, Other (>165mm)](https://busy.in/hsn/hsn-84471290/) | ₹1 Cr |
| #6 | HSN Code 84471111: Hand Wool Knit (<=165mm) (this hsn code) | < ₹1 Crore |
| #7 | [HSN Code 84479010: Other : Machines for making of tulle and lace](https://busy.in/hsn/hsn-84479010/) | < ₹1 Crore |
| #8 | [HSN Code 84472010: Hand Knitting Machines (Wool)](https://busy.in/hsn/hsn-84472010/) | < ₹1 Crore |
| #9 | [HSN Code 84471211: Hand Wool Knit (>165mm)](https://busy.in/hsn/hsn-84471211/) | < ₹1 Crore |
| #9 | [HSN Code 84471219: Circular Knitting Machines, Wool (>165mm)](https://busy.in/hsn/hsn-84471219/) | < ₹1 Crore |