HSN Code 84471119: Circular Knitting Machines, Wool (≤165mm)

HSN Code 84471119 represents Circular Knitting Machines, Wool (≤165mm) under GST classification. This code helps businesses identify Circular Knitting Machines, Wool (≤165mm) correctly for billing, taxation, and trade. With HSN Code 84471119, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Circular Knitting Machines, Wool (≤165mm).

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Description of Goods for HSN Code 84471119

HSN Code 84471119 relates to the following description.

Description of Goods

Circular knitting machines : With cylinder diameter not exceeding 165 mm : Wool knitting machines : Other

Chapter

84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

Sub Chapter

8447 - Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84471119 not include?

Circular Knitting Machines, Wool (≤165mm) does not include products with the following descriptions.

HSN Code 84471111

Circular knitting machines : With cylinder diameter not exceeding 165 mm : Wool knitting machines : Hand knitting machines

HSN Code 84471120

Circular knitting machines : With cylinder diameter not exceeding 165 mm : Cotton hosiery machines

HSN Code 84471190

Circular knitting machines : With cylinder diameter not exceeding 165 mm : Other

HSN Code 84471211

Circular knitting machines : With cylinder diameter exceeding 165 mm : Wool knitting machines : Hand knitting machines

HSN Code 84471219

Circular knitting machines : With cylinder diameter exceeding 165 mm : Wool knitting machines : Other

HSN Code 84471220

Circular knitting machines : With cylinder diameter exceeding 165 mm : Cotton hosiery machines

HSN Code 84471290

Circular knitting machines : With cylinder diameter exceeding 165 mm : Other

HSN Code 84472010

Flat kniting machines; stitch-bonding machines : Hand knitting machines for wool

HSN Code 84472020

Flat kniting machines; stitch-bonding machines : Other knitting machines for wool

India’s Trade Performance — HSN Code 84471119 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹64 Cr

−42.42% vs FY 2023-24

0.0010% of India’s total imports

Trade Balance

FY 2024-25

−₹64 Cr

Trade Deficit

Surplus rank #10431 of 12657 HSN codes

% of Sub-Chapter 8447

FY 2024-25

0.00%

Share of Sub-Chapter 8447’s total exports in FY 2024-25

Import side: 1.32% of Sub-Chapter 8447’s imports

At a glance

+205.41%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.00%

Contribution to Sub-Ch. 8447

Share of Sub-Chapter 8447 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84471119

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 #8049

Balance

−86.32

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

3.51% of Sub-Ch. 8447

Imports

86.92 ₹ Cr

0.0024% share

— YoY

4.75% of Sub-Ch. 8447

FY 2019-20 Exp. Rank #7881

Balance

−90.94

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+23.33% YoY

2.31% of Sub-Ch. 8447

Imports

91.68 ₹ Cr

0.0027% share

+5.48% YoY

4.45% of Sub-Ch. 8447

FY 2020-21 Exp. Rank #6838

Balance

−96.73

Exports

2.26 ₹ Cr

0.0001% share

+205.41% YoY

7.10% of Sub-Ch. 8447

Imports

98.99 ₹ Cr

0.0034% share

+7.97% YoY

7.11% of Sub-Ch. 8447

FY 2021-22 Exp. Rank #7806

Balance

−95.83

Exports

1.23 ₹ Cr

0.0000% share

−45.58% YoY

1.70% of Sub-Ch. 8447

Imports

97.06 ₹ Cr

0.0021% share

−1.95% YoY

3.68% of Sub-Ch. 8447

FY 2022-23 Exp. Rank #8510

Balance

−66.93

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−49.59% YoY

2.35% of Sub-Ch. 8447

Imports

67.55 ₹ Cr

0.0012% share

−30.40% YoY

2.04% of Sub-Ch. 8447

FY 2023-24 Exp. Rank #8230

Balance

−109.44

Exports

1.02 ₹ Cr

0.0000% share

+64.52% YoY

3.64% of Sub-Ch. 8447

Imports

110.46 ₹ Cr

0.0020% share

+63.52% YoY

3.03% of Sub-Ch. 8447

FY 2024-25

Balance

−63.60

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8447

Imports

63.60 ₹ Cr

0.0010% share

−42.42% YoY

1.32% of Sub-Ch. 8447

CAGR · 7-Year

Exports

—

Imports

−5.07% /yr

Consistently Deficit
Sub-Chapter 8447 total

reference, FY 2024-25

Export

₹24.16 Cr

Import

₹4,820.67 Cr

Trade Balance

−4,796.51

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

Key Trade Insights: HSN Code 84471119 Export-Import Analysis

Export Snapshot for HSN Code 84471119

India exported ₹0.00 Crore worth of Circular Knitting Machines, Wool (≤165mm) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2020-21 Was the Strongest Growth Year for HSN Code 84471119 Exports

The strongest single-year export movement for HSN Code 84471119 was recorded in FY 2020-21, when exports surged by 205.41% over the prior year.

India Records a Trade Deficit of ₹63.60 Crore in HSN Code 84471119 Goods

In FY 2024-25, India's imports of ₹63.60 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹63.60 Crore — ranking #10431 of 12657 by surplus magnitude.

Import Growth of −5.07% CAGR Signals Stable Import Dependency for Circular Knitting Machines, Wool (≤165mm)

India's imports under HSN Code 84471119 have grown at −5.07% CAGR, reaching ₹63.60 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84471119 and GST compliance.

What products are classified under HSN 84471119 ?

It includes Circular Knitting Machines, Cotton Hosiery (>165mm)

How should mixed supplies be billed when Circular Knitting Machines, Wool (≤165mm) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Circular Knitting Machines, Wool (≤165mm); Nil for exempt items if applicable).

How much GST applies to Circular Knitting Machines, Wool (≤165mm)?

Under HSN 84471119, Circular Knitting Machines, Wool (≤165mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Circular Knitting Machines, Wool (≤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.

Any common misclassification issue with Circular Knitting Machines, Wool (≤165mm)?

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

Can we claim ITC on inputs used to trade Circular Knitting Machines, Wool (≤165mm)?

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

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.