--- title: "HSN Code for Hand Wool Knit (>165mm) | HSN 84471211 GST Rate" description: "Find HSN and GST Rates for 84471211 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-84471211/" --- # HSN Code 84471211: 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 exceeding 165 mm : Wool knitting machines : Hand knitting machines | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84471211 ? It includes Wool Knitting Machines ### 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. ### 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. ### 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). ### 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. ### How much GST applies to Hand Wool Knit (>165mm)? Under HSN 84471211, Hand Wool Knit (>165mm) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 84471211 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+20.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (−91.89% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7599 of 12657 HSN codes - Share of Sub-Chapter 8447: 0.25% of its exports; import side 0.01% - Rank within Sub-Chapter 8447: #9 of 15 by export value; import-side #15 ### Key metrics - Export CAGR: 12.25% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9965 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +20.00% in FY 2024-25 - Contribution to Sub-Ch. 8447: 0.25% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84471211 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% | — | 0.18% | 2.37 | 0.0001% | — | 0.13% | −2.34 | #9664 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.04% | −0.54 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.07% | 1.80 | 0.0000% | +233.33% | 0.07% | −1.75 | #9808 | | FY 2022-23 | Nil | 0.0000% | −100.00% | 0.00% | 26.38 | 0.0005% | +1,365.56% | 0.79% | −26.38 | — | | FY 2023-24 | < ₹1 Crore | 0.0000% | — | 0.18% | 4.93 | 0.0001% | −81.31% | 0.14% | −4.88 | #10057 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +20.00% | 0.25% | < ₹1 Crore | 0.0000% | −91.89% | 0.01% | −0.34 | #9965 | - CAGR (7-year): exports 12.25%/yr, imports -25.66%/yr (consistently Deficit) ## Key trade insights: HSN Code 84471211 export-import analysis ### Consistent export growth: 12.25% CAGR over 7 years India's exports under HSN Code 84471211 have grown at a compound annual rate of 12.25% over 7 fiscal years, rising from ₹0.03 Crore in FY 2018-19 to ₹0.06 Crore in FY 2024-25. ### HSN Code 84471211 ranked #9965 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84471211 ranks #9965 out of 12657 HSN codes by total export value. Within Sub-Chapter 8447, it ranks #9 of 15. By trade surplus, it ranks #7599 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 84471211 exports The strongest single-year export movement for HSN Code 84471211 was recorded in FY 2024-25, when exports surged by 20.00% over the prior year. ### India records a trade deficit of ₹0.34 Crore in HSN Code 84471211 goods In FY 2024-25, India's imports of ₹0.40 Cr exceeded exports of ₹0.06 Cr, resulting in a trade deficit of ₹0.34 Crore — ranking #7599 of 12657 by surplus magnitude. ### Import growth of -25.66% CAGR signals stable import dependency for Hand Wool Knit (>165mm) India's imports under HSN Code 84471211 have grown at -25.66% CAGR, reaching ₹0.40 Crore in FY 2024-25. ### HSN Code 84471211 contributes 0.25% of Sub-Chapter 8447 exports — ranked #9 Among the 15 HSN codes under Sub-Chapter 8447, HSN Code 84471211 ranks #9 by export value — accounting for 0.25% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #15). ## 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)](https://busy.in/hsn/hsn-84471111/) | < ₹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) (this hsn code) | < ₹1 Crore | | #9 | [HSN Code 84471219: Circular Knitting Machines, Wool (>165mm)](https://busy.in/hsn/hsn-84471219/) | < ₹1 Crore |