HSN Code 84471190: Circular Knitting Machines, Other (≤165mm)

HSN Code 84471190 represents Circular Knitting Machines, Other (≤165mm) under GST classification. This code helps businesses identify Circular Knitting Machines, Other (≤165mm) correctly for billing, taxation, and trade. With HSN Code 84471190, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Circular Knitting Machines, Other (≤165mm).

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Description of Goods for HSN Code 84471190

HSN Code 84471190 relates to the following description.

Description of Goods

Circular knitting machines : With cylinder diameter not exceeding 165 mm : 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 84471190 not include?

Circular Knitting Machines, Other (≤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 84471119

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

HSN Code 84471120

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

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 84471190 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 Crore

−72.22% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹50 Cr

−43.98% vs FY 2023-24

0.0008% of India’s total imports

Trade Balance

FY 2024-25

−₹50 Cr

Trade Deficit

Surplus rank #10248 of 12657 HSN codes

% of Sub-Chapter 8447

FY 2024-25

0.21%

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

Import side: 1.04% of Sub-Chapter 8447’s imports

Rank Within Sub-Chapter 8447

FY 2024-25

#11 of 15

Position by export value among HSN codes in Sub-Chapter 8447

Import-side rank: #7 of 15

At a glance

−51.87%

Export CAGR

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

#10034

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+16.96%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.21%

Contribution to Sub-Ch. 8447

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

India Export-Import Trade Statistics for HSN Code 84471190

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 #6128

Balance

−59.38

Exports

4.02 ₹ Cr

0.0002% share

— YoY

23.55% of Sub-Ch. 8447

Imports

63.40 ₹ Cr

0.0018% share

— YoY

3.46% of Sub-Ch. 8447

FY 2019-20 Exp. Rank #7379

Balance

−43.57

Exports

1.26 ₹ Cr

0.0001% share

−68.66% YoY

3.94% of Sub-Ch. 8447

Imports

44.83 ₹ Cr

0.0013% share

−29.29% YoY

2.18% of Sub-Ch. 8447

FY 2020-21 Exp. Rank #7566

Balance

−41.16

Exports

1.12 ₹ Cr

0.0001% share

−11.11% YoY

3.52% of Sub-Ch. 8447

Imports

42.28 ₹ Cr

0.0015% share

−5.69% YoY

3.04% of Sub-Ch. 8447

FY 2021-22 Exp. Rank #7745

Balance

−59.29

Exports

1.31 ₹ Cr

0.0000% share

+16.96% YoY

1.81% of Sub-Ch. 8447

Imports

60.60 ₹ Cr

0.0013% share

+43.33% YoY

2.30% of Sub-Ch. 8447

FY 2022-23 Exp. Rank #8763

Balance

−160.78

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−65.65% YoY

1.71% of Sub-Ch. 8447

Imports

161.23 ₹ Cr

0.0028% share

+166.06% YoY

4.86% of Sub-Ch. 8447

FY 2023-24 Exp. Rank #9498

Balance

−89.09

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−60.00% YoY

0.64% of Sub-Ch. 8447

Imports

89.27 ₹ Cr

0.0016% share

−44.63% YoY

2.45% of Sub-Ch. 8447

FY 2024-25 Exp. Rank #10034

Balance

−49.96

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−72.22% YoY

0.21% of Sub-Ch. 8447

Imports

50.01 ₹ Cr

0.0008% share

−43.98% YoY

1.04% of Sub-Ch. 8447

CAGR · 7-Year

Exports

−51.87% /yr

Imports

−3.88% /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 84471190 Export-Import Analysis

Export Decline: −51.87% CAGR Over 7 Years

India's exports under HSN Code 84471190 have declined at a compound annual rate of −51.87% over 7 fiscal years, falling from ₹4.02 Crore in FY 2018-19 to ₹0.05 Crore in FY 2024-25.

HSN Code 84471190 Ranked #10034 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84471190 ranks #10034 out of 12657 HSN codes by total export value. Within Sub-Chapter 8447, it ranks #11 of 15. By trade surplus, it ranks #10248 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 84471190 Exports

The strongest single-year export movement for HSN Code 84471190 was recorded in FY 2021-22, when exports surged by 16.96% over the prior year.

India Records a Trade Deficit of ₹49.96 Crore in HSN Code 84471190 Goods

In FY 2024-25, India's imports of ₹50.01 Cr exceeded exports of ₹0.05 Cr, resulting in a trade deficit of ₹49.96 Crore — ranking #10248 of 12657 by surplus magnitude.

Import Growth of −3.88% CAGR Signals Stable Import Dependency for Circular Knitting Machines, Other (≤165mm)

India's imports under HSN Code 84471190 have grown at −3.88% CAGR, reaching ₹50.01 Crore in FY 2024-25.

HSN Code 84471190 Contributes 0.21% of Sub-Chapter 8447 Exports — Ranked #11

Among the 15 HSN codes under Sub-Chapter 8447, HSN Code 84471190 ranks #11 by export value — accounting for 0.21% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.04% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84471190 and GST compliance.

What products are classified under HSN 84471190 ?

It includes Hand Knitting Machines (Wool)

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

Under HSN 84471190, Circular Knitting Machines, Other (≤165mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Circular Knitting Machines, Other (≤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 Circular Knitting Machines, Other (≤165mm)?

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

How should mixed supplies be billed when Circular Knitting Machines, Other (≤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, Other (≤165mm); Nil for exempt items if applicable).

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

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.