--- title: "HSN Code for Wool Weaving Machinery Parts | HSN 84484940 GST Rate" description: "Find HSN and GST Rates for 84484940 related to Wool Weaving Machinery Parts with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84484940/" --- # HSN Code 84484940: Wool Weaving Machinery Parts - [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 8448: Auxiliary Machinery](https://busy.in/hsn/sub-chapter-8448/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Parts and accessories of weaving machines (looms) or of their auxiliary machinery : Other : Parts of wool weaving machinery | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84484940 ? It includes Cotton Hosiery Machine Sinkers/Needles ### Can we claim ITC on inputs used to trade Wool Weaving Machinery Parts? 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 Wool Weaving Machinery Parts is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Wool Weaving Machinery Parts; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Wool Weaving Machinery Parts? 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. ### Does packaging or labelling change the GST for Wool Weaving Machinery Parts? 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 Wool Weaving Machinery Parts? 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 84484940 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+7.41% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (+146.67% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7326 of 12657 HSN codes - Share of Sub-Chapter 8448: 0.02% of its exports; import side 0.01% - Rank within Sub-Chapter 8448: #25 of 39 by export value; import-side #26 ### Key metrics - Export CAGR: 3.20% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9215 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +300.00% in FY 2021-22 - Contribution to Sub-Ch. 8448: 0.02% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84484940 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. 8448 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8448 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.02% | 1.19 | 0.0000% | — | 0.04% | −0.95 | #8692 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −54.17% | 0.01% | < ₹1 Crore | 0.0000% | −33.61% | 0.03% | −0.68 | #9131 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −18.18% | 0.01% | < ₹1 Crore | 0.0000% | −86.08% | 0.01% | −0.02 | #9278 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +300.00% | 0.02% | 1.78 | 0.0000% | +1,518.18% | 0.05% | −1.42 | #8813 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −55.56% | 0.01% | < ₹1 Crore | 0.0000% | −71.35% | 0.01% | −0.35 | #9410 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +68.75% | 0.02% | < ₹1 Crore | 0.0000% | −70.59% | 0.00% | +0.12 | #9259 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +7.41% | 0.02% | < ₹1 Crore | 0.0000% | +146.67% | 0.01% | −0.08 | #9215 | - CAGR (7-year): exports 3.20%/yr, imports -17.69%/yr (consistently Deficit) ## Key trade insights: HSN Code 84484940 export-import analysis ### Consistent export growth: 3.20% CAGR over 7 years India's exports under HSN Code 84484940 have grown at a compound annual rate of 3.20% over 7 fiscal years, rising from ₹0.24 Crore in FY 2018-19 to ₹0.29 Crore in FY 2024-25. ### HSN Code 84484940 ranked #9215 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84484940 ranks #9215 out of 12657 HSN codes by total export value. Within Sub-Chapter 8448, it ranks #25 of 39. By trade surplus, it ranks #7326 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 84484940 exports The strongest single-year export movement for HSN Code 84484940 was recorded in FY 2021-22, when exports surged by 300.00% over the prior year. ### India records a trade deficit of ₹0.08 Crore in HSN Code 84484940 goods In FY 2024-25, India's imports of ₹0.37 Cr exceeded exports of ₹0.29 Cr, resulting in a trade deficit of ₹0.08 Crore — ranking #7326 of 12657 by surplus magnitude. ### Import growth of -17.69% CAGR signals stable import dependency for Wool Weaving Machinery Parts India's imports under HSN Code 84484940 have grown at -17.69% CAGR, reaching ₹0.37 Crore in FY 2024-25. ### HSN Code 84484940 contributes 0.02% of Sub-Chapter 8448 exports — ranked #25 Among the 39 HSN codes under Sub-Chapter 8448, HSN Code 84484940 ranks #25 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #26). ## Related HSN Codes in Sub-Chapter 8448 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84483210: Leather Cuttings](https://busy.in/hsn/hsn-84483210/) | ₹210 Cr | | #2 | [HSN Code 84483990: Other Parts/Accessories of Heading 8445 Machines](https://busy.in/hsn/hsn-84483990/) | ₹207 Cr | | #3 | [HSN Code 84484990: Other Parts/Accessories of Weaving Machines](https://busy.in/hsn/hsn-84484990/) | ₹143 Cr | | #4 | [HSN Code 84483290: Textile Fiber Machine Parts](https://busy.in/hsn/hsn-84483290/) | ₹138 Cr | | #5 | [HSN Code 84482000: Parts/Accessories of Heading 8444 Machines](https://busy.in/hsn/hsn-84482000/) | ₹136 Cr | | #6 | [HSN Code 84485190: Stitch Forming Machine Parts](https://busy.in/hsn/hsn-84485190/) | ₹110 Cr | | #7 | [HSN Code 84483100: Card Clothing](https://busy.in/hsn/hsn-84483100/) | ₹64 Cr | | #8 | [HSN Code 84483310: Wool Processing Machine Parts](https://busy.in/hsn/hsn-84483310/) | ₹52 Cr | | #9 | [HSN Code 84481900: Other Auxiliary Machinery for Textile Machines](https://busy.in/hsn/hsn-84481900/) | ₹45 Cr | | #10 | [HSN Code 84484220: Wire Healds](https://busy.in/hsn/hsn-84484220/) | ₹44 Cr | | #25 | HSN Code 84484940: Wool Weaving Machinery Parts (this hsn code) | < ₹1 Crore |