---
title: "HSN Code for Circular Knitting Machines, Other (>165mm) | HSN 84471290 GST Rate"
description: "Find HSN and GST Rates for 84471290 related to Circular Knitting Machines, Other (>165mm) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84471290/"
---

# HSN Code 84471290: Circular Knitting Machines, Other (>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 : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84471290 ?

It includes Other : Machines for making of tulle and lace

### 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 much GST applies to Circular Knitting Machines, Other (>165mm)?

Under HSN 84471290, Circular Knitting Machines, Other (>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, 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.

### Any common misclassification issue with Circular Knitting Machines, Other (>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 84471290 (FY 2024-25)

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

- Exports: ₹1 Cr (+172.50% YoY) — 0.0000% of India's total exports
- Imports: ₹503 Cr (−0.55% YoY) — 0.0083% of India's total imports
- Trade balance: −₹502 Cr (Deficit); surplus rank #11898 of 12657 HSN codes
- Share of Sub-Chapter 8447: 4.51% of its exports; import side 10.43%
- Rank within Sub-Chapter 8447: #5 of 15 by export value; import-side #2

### Key metrics

- Export CAGR: -5.70% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8178 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +502.94% in FY 2022-23
- Contribution to Sub-Ch. 8447: 4.51% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84471290

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 | 1.55 | 0.0001% | — | 9.08% | 272.79 | 0.0076% | — | 14.90% | −271.24 | #7205 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −63.87% | 1.75% | 242.67 | 0.0072% | −11.04% | 11.78% | −242.11 | #8115 |
| FY 2020-21 | 1.41 | 0.0001% | +151.79% | 4.43% | 180.57 | 0.0062% | −25.59% | 12.96% | −179.16 | #7344 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −75.89% | 0.47% | 474.26 | 0.0104% | +162.65% | 17.98% | −473.92 | #8858 |
| FY 2022-23 | 2.05 | 0.0001% | +502.94% | 7.79% | 446.07 | 0.0078% | −5.94% | 13.44% | −444.02 | #7411 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −80.49% | 1.43% | 505.70 | 0.0090% | +13.37% | 13.85% | −505.30 | #8975 |
| FY 2024-25 | 1.09 | 0.0000% | +172.50% | 4.51% | 502.91 | 0.0083% | −0.55% | 10.43% | −501.82 | #8178 |

- CAGR (7-year): exports -5.70%/yr, imports 10.73%/yr (consistently Deficit)

## Key trade insights: HSN Code 84471290 export-import analysis

### Export decline: -5.70% CAGR over 7 years

India's exports under HSN Code 84471290 have declined at a compound annual rate of -5.70% over 7 fiscal years, falling from ₹1.55 Crore in FY 2018-19 to ₹1.09 Crore in FY 2024-25.

### HSN Code 84471290 ranked #8178 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84471290 ranks #8178 out of 12657 HSN codes by total export value. Within Sub-Chapter 8447, it ranks #5 of 15. By trade surplus, it ranks #11898 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 84471290 exports

The strongest single-year export movement for HSN Code 84471290 was recorded in FY 2022-23, when exports surged by 502.94% over the prior year.

### India records a trade deficit of ₹501.82 Crore in HSN Code 84471290 goods

In FY 2024-25, India's imports of ₹502.91 Cr exceeded exports of ₹1.09 Cr, resulting in a trade deficit of ₹501.82 Crore — ranking #11898 of 12657 by surplus magnitude.

### Import growth of 10.73% CAGR signals rising demand for Circular Knitting Machines, Other (>165mm)

India's imports under HSN Code 84471290 have grown at 10.73% CAGR, reaching ₹502.91 Crore in FY 2024-25.

### HSN Code 84471290 contributes 4.51% of Sub-Chapter 8447 exports — ranked #5

Among the 15 HSN codes under Sub-Chapter 8447, HSN Code 84471290 ranks #5 by export value — accounting for 4.51% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 10.43% share (rank #2).

## 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) (this hsn code) | ₹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)](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 |