HSN Code 84490010: Machinery for making felt

HSN Code 84490010 represents Machinery for making felt under GST classification. This code helps businesses identify Machinery for making felt correctly for billing, taxation, and trade. With HSN Code 84490010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Machinery for making felt.

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Description of Goods for HSN Code 84490010

HSN Code 84490010 relates to the following description.

Description of Goods

Machinery for the manufacture or finishing of felt or nonwovens in the piece or in shapes, including machinery for making felt hats; blocks for making hats : Machinery for manufacture or finishing of felt in piece or inshapes (including felt hat-making machines and hat making blocks)

Chapter

84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

Sub Chapter

8449 - Machinery for the manufacture or finishing of felt or nonwovens in the piece or in shapes, including machinery for making felt hats; blocks for making hats

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84490010 not include?

Machinery for making felt does not include products with the following descriptions.

HSN Code 84490090

Machinery for the manufacture or finishing of felt or nonwovens in the piece or in shapes, including machinery for making felt hats; blocks for making hats : Other

India’s Trade Performance — HSN Code 84490010 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

< ₹1 Crore

+200.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹39 Cr

+147.88% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

−₹38 Cr

Trade Deficit

Surplus rank #10028 of 12657 HSN codes

% of Sub-Chapter 8449

FY 2024-25

17.02%

Share of Sub-Chapter 8449’s total exports in FY 2024-25

Import side: 8.59% of Sub-Chapter 8449’s imports

Rank Within Sub-Chapter 8449

FY 2024-25

#2 of 2

Position by export value among HSN codes in Sub-Chapter 8449

Import-side rank: #2 of 2

At a glance

27.83%

Export CAGR

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

#8289

National Export Rank

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

+4,400.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

17.02%

Contribution to Sub-Ch. 8449

Share of Sub-Chapter 8449 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84490010

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 #8751

Balance

−17.97

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.69% of Sub-Ch. 8449

Imports

18.19 ₹ Cr

0.0005% share

— YoY

7.50% of Sub-Ch. 8449

FY 2019-20

Balance

−15.87

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8449

Imports

15.87 ₹ Cr

0.0005% share

−12.75% YoY

2.42% of Sub-Ch. 8449

FY 2020-21 Exp. Rank #8235

Balance

−15.80

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

4.54% of Sub-Ch. 8449

Imports

16.30 ₹ Cr

0.0006% share

+2.71% YoY

3.52% of Sub-Ch. 8449

FY 2021-22 Exp. Rank #10058

Balance

−12.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−96.00% YoY

0.05% of Sub-Ch. 8449

Imports

12.32 ₹ Cr

0.0003% share

−24.42% YoY

1.54% of Sub-Ch. 8449

FY 2022-23 Exp. Rank #8199

Balance

−32.90

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+4,400.00% YoY

14.04% of Sub-Ch. 8449

Imports

33.80 ₹ Cr

0.0006% share

+174.35% YoY

4.07% of Sub-Ch. 8449

FY 2023-24 Exp. Rank #9139

Balance

−15.22

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−64.44% YoY

5.52% of Sub-Ch. 8449

Imports

15.54 ₹ Cr

0.0003% share

−54.02% YoY

4.21% of Sub-Ch. 8449

FY 2024-25 Exp. Rank #8289

Balance

−37.56

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+200.00% YoY

17.02% of Sub-Ch. 8449

Imports

38.52 ₹ Cr

0.0006% share

+147.88% YoY

8.59% of Sub-Ch. 8449

CAGR · 7-Year

Exports

27.83% /yr

Imports

13.32% /yr

Consistently Deficit
Sub-Chapter 8449 total

reference, FY 2024-25

Export

₹5.64 Cr

Import

₹448.41 Cr

Trade Balance

−442.77

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 84490010 Export-Import Analysis

Consistent Export Growth: 27.83% CAGR Over 7 Years

India's exports under HSN Code 84490010 have grown at a compound annual rate of 27.83% over 7 fiscal years, rising from ₹0.22 Crore in FY 2018-19 to ₹0.96 Crore in FY 2024-25.

HSN Code 84490010 Ranked #8289 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84490010 ranks #8289 out of 12657 HSN codes by total export value. Within Sub-Chapter 8449, it ranks #2 of 2. By trade surplus, it ranks #10028 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 84490010 Exports

The strongest single-year export movement for HSN Code 84490010 was recorded in FY 2022-23, when exports surged by 4,400.00% over the prior year.

India Records a Trade Deficit of ₹37.56 Crore in HSN Code 84490010 Goods

In FY 2024-25, India's imports of ₹38.52 Cr exceeded exports of ₹0.96 Cr, resulting in a trade deficit of ₹37.56 Crore — ranking #10028 of 12657 by surplus magnitude.

Import Growth of 13.32% CAGR Signals Rising Demand for Machinery for making felt

India's imports under HSN Code 84490010 have grown at 13.32% CAGR, reaching ₹38.52 Crore in FY 2024-25.

HSN Code 84490010 Contributes 17.02% of Sub-Chapter 8449 Exports — Ranked #2

Among the 2 HSN codes under Sub-Chapter 8449, HSN Code 84490010 ranks #2 by export value — accounting for 17.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 8.59% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84490010 and GST compliance.

What products are classified under HSN 84490010 ?

It includes Machines with dry linen capacity >10 kg

Can we claim ITC on inputs used to trade Machinery for making felt?

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 Machinery for making felt?

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 Machinery for making felt?

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 should mixed supplies be billed when Machinery for making felt is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Machinery for making felt; Nil for exempt items if applicable).

How much GST applies to Machinery for making felt?

Under HSN 84490010, Machinery for making felt attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Machinery for making felt?

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.

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.