HSN Code 84472090: Flat knitting machines

HSN Code 84472090 represents Flat knitting machines under GST classification. This code helps businesses identify Flat knitting machines correctly for billing, taxation, and trade. With HSN Code 84472090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Flat knitting machines.

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Description of Goods for HSN Code 84472090

HSN Code 84472090 relates to the following description.

Description of Goods

Flat kniting machines; stitch-bonding machines : 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 84472090 not include?

Flat 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 84472090 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

₹4 Cr

−58.27% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹460 Cr

+11.95% vs FY 2023-24

0.0076% of India’s total imports

Trade Balance

FY 2024-25

−₹456 Cr

Trade Deficit

Surplus rank #11835 of 12657 HSN codes

% of Sub-Chapter 8447

FY 2024-25

17.34%

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

Import side: 9.55% of Sub-Chapter 8447’s imports

Rank Within Sub-Chapter 8447

FY 2024-25

#2 of 15

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

Import-side rank: #3 of 15

At a glance

−2.07%

Export CAGR

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

#6835

National Export Rank

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

+258.32%

Peak Growth Year

FY 2019-20 · strongest single-year move

17.34%

Contribution to Sub-Ch. 8447

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

India Export-Import Trade Statistics for HSN Code 84472090

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 #5928

Balance

−418.71

Exports

4.75 ₹ Cr

0.0002% share

— YoY

27.83% of Sub-Ch. 8447

Imports

423.46 ₹ Cr

0.0118% share

— YoY

23.13% of Sub-Ch. 8447

FY 2019-20 Exp. Rank #4330

Balance

−448.19

Exports

17.02 ₹ Cr

0.0008% share

+258.32% YoY

53.24% of Sub-Ch. 8447

Imports

465.21 ₹ Cr

0.0139% share

+9.86% YoY

22.59% of Sub-Ch. 8447

FY 2020-21 Exp. Rank #4153

Balance

−419.11

Exports

20.36 ₹ Cr

0.0009% share

+19.62% YoY

63.92% of Sub-Ch. 8447

Imports

439.47 ₹ Cr

0.0151% share

−5.53% YoY

31.55% of Sub-Ch. 8447

FY 2021-22 Exp. Rank #3187

Balance

−704.34

Exports

56.84 ₹ Cr

0.0018% share

+179.17% YoY

78.70% of Sub-Ch. 8447

Imports

761.18 ₹ Cr

0.0167% share

+73.20% YoY

28.85% of Sub-Ch. 8447

FY 2022-23 Exp. Rank #5845

Balance

−499.14

Exports

8.47 ₹ Cr

0.0002% share

−85.10% YoY

32.17% of Sub-Ch. 8447

Imports

507.61 ₹ Cr

0.0088% share

−33.31% YoY

15.29% of Sub-Ch. 8447

FY 2023-24 Exp. Rank #5726

Balance

−401.25

Exports

10.04 ₹ Cr

0.0003% share

+18.54% YoY

35.81% of Sub-Ch. 8447

Imports

411.29 ₹ Cr

0.0073% share

−18.98% YoY

11.26% of Sub-Ch. 8447

FY 2024-25 Exp. Rank #6835

Balance

−456.23

Exports

4.19 ₹ Cr

0.0001% share

−58.27% YoY

17.34% of Sub-Ch. 8447

Imports

460.42 ₹ Cr

0.0076% share

+11.95% YoY

9.55% of Sub-Ch. 8447

CAGR · 7-Year

Exports

−2.07% /yr

Imports

1.40% /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 84472090 Export-Import Analysis

Export Decline: −2.07% CAGR Over 7 Years

India's exports under HSN Code 84472090 have declined at a compound annual rate of −2.07% over 7 fiscal years, falling from ₹4.75 Crore in FY 2018-19 to ₹4.19 Crore in FY 2024-25.

HSN Code 84472090 Ranked #6835 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84472090 ranks #6835 out of 12657 HSN codes by total export value. Within Sub-Chapter 8447, it ranks #2 of 15. By trade surplus, it ranks #11835 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 84472090 Exports

The strongest single-year export movement for HSN Code 84472090 was recorded in FY 2019-20, when exports surged by 258.32% over the prior year.

India Records a Trade Deficit of ₹456.23 Crore in HSN Code 84472090 Goods

In FY 2024-25, India's imports of ₹460.42 Cr exceeded exports of ₹4.19 Cr, resulting in a trade deficit of ₹456.23 Crore — ranking #11835 of 12657 by surplus magnitude.

Import Growth of 1.40% CAGR Signals Stable Import Dependency for Flat knitting machines

India's imports under HSN Code 84472090 have grown at 1.40% CAGR, reaching ₹460.42 Crore in FY 2024-25.

HSN Code 84472090 Contributes 17.34% of Sub-Chapter 8447 Exports — Ranked #2

Among the 15 HSN codes under Sub-Chapter 8447, HSN Code 84472090 ranks #2 by export value — accounting for 17.34% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 9.55% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84472090 and GST compliance.

What products are classified under HSN 84472090 ?

It includes Other Auxiliary Machinery for Textile Machines

Does packaging or labelling change the GST for Flat 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.

Can we claim ITC on inputs used to trade Flat 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.

Any common misclassification issue with Flat 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.

Do e‑way bill and e‑invoice apply for Flat knitting machines?

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.

How much GST applies to Flat knitting machines?

Under HSN 84472090, Flat 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.