HSN Code 84471120 represents Circular Knitting Machines, Cotton Hosiery (≤165mm) under GST classification. This code helps businesses identify Circular Knitting Machines, Cotton Hosiery (≤165mm) correctly for billing, taxation, and trade. With HSN Code 84471120, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Circular Knitting Machines, Cotton Hosiery (≤165mm).
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HSN Code 84471120 relates to the following description.
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting
Circular knitting machines : With cylinder diameter not exceeding 165 mm : Cotton hosiery machines
9%
9%
18%
0%
Description of Goods
Circular knitting machines : With cylinder diameter not exceeding 165 mm : Cotton hosiery machines
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%
Circular Knitting Machines, Cotton Hosiery (≤165mm) does not include products with the following descriptions.
Circular knitting machines : With cylinder diameter not exceeding 165 mm : Wool knitting machines : Hand knitting machines
Circular knitting machines : With cylinder diameter not exceeding 165 mm : Wool knitting machines : Other
Circular knitting machines : With cylinder diameter not exceeding 165 mm : Other
Circular knitting machines : With cylinder diameter exceeding 165 mm : Wool knitting machines : Hand knitting machines
Circular knitting machines : With cylinder diameter exceeding 165 mm : Wool knitting machines : Other
Circular knitting machines : With cylinder diameter exceeding 165 mm : Cotton hosiery machines
Circular knitting machines : With cylinder diameter exceeding 165 mm : Other
Flat kniting machines; stitch-bonding machines : Hand knitting machines for wool
Flat kniting machines; stitch-bonding machines : Other knitting machines for wool
Flat kniting machines; stitch-bonding machines : Cotton hosiery machines
Flat kniting machines; stitch-bonding machines : Other
Other : Machines for making of tulle and lace
Other : Machines for making embroidery
Other : Other
Circular knitting machines : With cylinder diameter not exceeding 165 mm : Wool knitting machines : Hand knitting machines
Circular knitting machines : With cylinder diameter not exceeding 165 mm : Wool knitting machines : Other
Circular knitting machines : With cylinder diameter not exceeding 165 mm : Other
Circular knitting machines : With cylinder diameter exceeding 165 mm : Wool knitting machines : Hand knitting machines
Circular knitting machines : With cylinder diameter exceeding 165 mm : Wool knitting machines : Other
Circular knitting machines : With cylinder diameter exceeding 165 mm : Cotton hosiery machines
Circular knitting machines : With cylinder diameter exceeding 165 mm : Other
Flat kniting machines; stitch-bonding machines : Hand knitting machines for wool
Flat kniting machines; stitch-bonding machines : Other knitting machines for wool
Flat kniting machines; stitch-bonding machines : Cotton hosiery machines
Flat kniting machines; stitch-bonding machines : Other
Other : Machines for making of tulle and lace
Other : Machines for making embroidery
Other : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹4 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹4 Cr
Surplus rank #8546 of 12657 HSN codes
% of Sub-Chapter 8447
FY 2024-250.08%
Share of Sub-Chapter 8447’s total exports in FY 2024-25
Import side: 0.09% of Sub-Chapter 8447’s imports
Rank Within Sub-Chapter 8447
FY 2024-25#12 of 15
Position by export value among HSN codes in Sub-Chapter 8447
Import-side rank: #12 of 15
At a glance
#10305
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
−15.38%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.08%
Contribution to Sub-Ch. 8447
Share of Sub-Chapter 8447 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
−13.51
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8447
Imports
13.51 ₹ Cr
0.0004% share
— YoY
0.74% of Sub-Ch. 8447
Balance
−4.13
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.06% of Sub-Ch. 8447
Imports
4.15 ₹ Cr
0.0001% share
−69.28% YoY
0.20% of Sub-Ch. 8447
Balance
−2.82
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 8447
Imports
2.82 ₹ Cr
0.0001% share
−32.05% YoY
0.20% of Sub-Ch. 8447
Balance
−15.56
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8447
Imports
15.56 ₹ Cr
0.0003% share
+451.77% YoY
0.59% of Sub-Ch. 8447
Balance
−9.56
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.49% of Sub-Ch. 8447
Imports
9.69 ₹ Cr
0.0002% share
−37.72% YoY
0.29% of Sub-Ch. 8447
Balance
−0.60
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−15.38% YoY
0.39% of Sub-Ch. 8447
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−92.67% YoY
0.02% of Sub-Ch. 8447
Balance
−4.42
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−81.82% YoY
0.08% of Sub-Ch. 8447
Imports
4.44 ₹ Cr
0.0001% share
+525.35% YoY
0.09% of Sub-Ch. 8447
CAGR · 7-Year
Exports
—
Imports
−16.93% /yr
reference, FY 2024-25
Export
₹24.16 Cr
Import
₹4,820.67 Cr
Trade Balance
−4,796.51
India exported ₹0.02 Crore worth of Circular Knitting Machines, Cotton Hosiery (≤165mm) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
In FY 2024-25, HSN Code 84471120 ranks #10305 out of 12657 HSN codes by total export value. Within Sub-Chapter 8447, it ranks #12 of 15. By trade surplus, it ranks #8546 of 12657.
The strongest single-year export movement for HSN Code 84471120 was recorded in FY 2023-24, when exports declined by 15.38% over the prior year.
In FY 2024-25, India's imports of ₹4.44 Cr exceeded exports of ₹0.02 Cr, resulting in a trade deficit of ₹4.42 Crore — ranking #8546 of 12657 by surplus magnitude.
India's imports under HSN Code 84471120 have grown at −16.93% CAGR, reaching ₹4.44 Crore in FY 2024-25.
Among the 15 HSN codes under Sub-Chapter 8447, HSN Code 84471120 ranks #12 by export value — accounting for 0.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.09% share (rank #12).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 84471120 and GST compliance.
It includes Circular Knitting Machines, Other (>165mm)
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Circular Knitting Machines, Cotton Hosiery (≤165mm); Nil for exempt items if applicable).
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.
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.
Under HSN 84471120, Circular Knitting Machines, Cotton Hosiery (≤165mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.