HSN Code 84472030: Cotton Hosiery Knitting Machines

HSN Code 84472030 represents Cotton Hosiery Knitting Machines under GST classification. This code helps businesses identify Cotton Hosiery Knitting Machines correctly for billing, taxation, and trade. With HSN Code 84472030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cotton Hosiery Knitting Machines.

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Description of Goods for HSN Code 84472030

HSN Code 84472030 relates to the following description.

Description of Goods

Flat kniting machines; stitch-bonding machines : 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%

What does HSN Code 84472030 not include?

Cotton Hosiery Knitting Machines 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 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 84472030 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

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹13 Cr

+39.40% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹13 Cr

Trade Deficit

Surplus rank #9221 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: 0.26% of Sub-Chapter 8447’s imports

At a glance

−100.00%

Peak Growth Year

FY 2019-20 · 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 84472030

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 #9577

Balance

−11.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.23% of Sub-Ch. 8447

Imports

11.18 ₹ Cr

0.0003% share

— YoY

0.61% of Sub-Ch. 8447

FY 2019-20

Balance

−5.86

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8447

Imports

5.86 ₹ Cr

0.0002% share

−47.59% YoY

0.28% of Sub-Ch. 8447

FY 2020-21

Balance

−10.53

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8447

Imports

10.53 ₹ Cr

0.0004% share

+79.69% YoY

0.76% of Sub-Ch. 8447

FY 2021-22 Exp. Rank #9420

Balance

−11.12

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.18% of Sub-Ch. 8447

Imports

11.25 ₹ Cr

0.0002% share

+6.84% YoY

0.43% of Sub-Ch. 8447

FY 2022-23

Balance

−8.79

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8447

Imports

8.79 ₹ Cr

0.0002% share

−21.87% YoY

0.26% of Sub-Ch. 8447

FY 2023-24

Balance

−9.01

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8447

Imports

9.01 ₹ Cr

0.0002% share

+2.50% YoY

0.25% of Sub-Ch. 8447

FY 2024-25

Balance

−12.56

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 8447

Imports

12.56 ₹ Cr

0.0002% share

+39.40% YoY

0.26% of Sub-Ch. 8447

CAGR · 7-Year

Exports

—

Imports

1.96% /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 84472030 Export-Import Analysis

Export Snapshot for HSN Code 84472030

India exported ₹0.00 Crore worth of Cotton Hosiery Knitting Machines in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2019-20 Was the Strongest Growth Year for HSN Code 84472030 Exports

The strongest single-year export movement for HSN Code 84472030 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹12.56 Crore in HSN Code 84472030 Goods

In FY 2024-25, India's imports of ₹12.56 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹12.56 Crore — ranking #9221 of 12657 by surplus magnitude.

Import Growth of 1.96% CAGR Signals Stable Import Dependency for Cotton Hosiery Knitting Machines

India's imports under HSN Code 84472030 have grown at 1.96% CAGR, reaching ₹12.56 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84472030 and GST compliance.

What products are classified under HSN 84472030 ?

It includes Jacquards and Harness Liner Cards for Cotton Textile Machinery

How should mixed supplies be billed when Cotton Hosiery Knitting Machines is sold with other items?

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

Does packaging or labelling change the GST for Cotton Hosiery Knitting Machines?

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 Cotton Hosiery Knitting Machines?

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 Cotton Hosiery Knitting Machines?

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 Cotton Hosiery Knitting Machines?

Under HSN 84472030, Cotton Hosiery Knitting Machines attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.