HSN Code 84553000: Rolls For Rolling Mills

HSN Code 84553000 represents Rolls For Rolling Mills under GST classification. This code helps businesses identify Rolls For Rolling Mills correctly for billing, taxation, and trade. With HSN Code 84553000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rolls For Rolling Mills.

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Description of Goods for HSN Code 84553000

HSN Code 84553000 relates to the following description.

Description of Goods

Rolls for rolling mills

Chapter

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

Sub Chapter

8455 - Metal-rolling mills and rolls therefor

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84553000 not include?

Rolls For Rolling Mills does not include products with the following descriptions.

HSN Code 84552120

Other rolling mills : Hot or combination hot and cold : Combination hot and cold

India’s Trade Performance — HSN Code 84553000 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

₹260 Cr

+4.70% vs FY 2023-24

0.0071% of India’s total exports

India’s Imports

FY 2024-25

₹1,740 Cr

−5.04% vs FY 2023-24

0.0286% of India’s total imports

Trade Balance

FY 2024-25

−₹1,480 Cr

Trade Deficit

Surplus rank #12346 of 12657 HSN codes

% of Sub-Chapter 8455

FY 2024-25

16.17%

Share of Sub-Chapter 8455’s total exports in FY 2024-25

Import side: 17.68% of Sub-Chapter 8455’s imports

Rank Within Sub-Chapter 8455

FY 2024-25

#2 of 6

Position by export value among HSN codes in Sub-Chapter 8455

Import-side rank: #4 of 6

At a glance

5.40%

Export CAGR

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

#1589

National Export Rank

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

+25.74%

Peak Growth Year

FY 2022-23 · strongest single-year move

16.17%

Contribution to Sub-Ch. 8455

Share of Sub-Chapter 8455 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84553000

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 #1364

Balance

−1,044.73

Exports

189.58 ₹ Cr

0.0083% share

— YoY

17.46% of Sub-Ch. 8455

Imports

1,234.31 ₹ Cr

0.0344% share

— YoY

32.91% of Sub-Ch. 8455

FY 2019-20 Exp. Rank #1309

Balance

−1,240.80

Exports

203.70 ₹ Cr

0.0093% share

+7.45% YoY

17.99% of Sub-Ch. 8455

Imports

1,444.50 ₹ Cr

0.0431% share

+17.03% YoY

45.53% of Sub-Ch. 8455

FY 2020-21 Exp. Rank #1481

Balance

−938.67

Exports

177.20 ₹ Cr

0.0082% share

−13.01% YoY

19.79% of Sub-Ch. 8455

Imports

1,115.87 ₹ Cr

0.0383% share

−22.75% YoY

33.95% of Sub-Ch. 8455

FY 2021-22 Exp. Rank #1559

Balance

−868.12

Exports

219.34 ₹ Cr

0.0070% share

+23.78% YoY

16.09% of Sub-Ch. 8455

Imports

1,087.46 ₹ Cr

0.0238% share

−2.55% YoY

39.48% of Sub-Ch. 8455

FY 2022-23 Exp. Rank #1409

Balance

−864.56

Exports

275.80 ₹ Cr

0.0076% share

+25.74% YoY

16.48% of Sub-Ch. 8455

Imports

1,140.36 ₹ Cr

0.0198% share

+4.86% YoY

23.89% of Sub-Ch. 8455

FY 2023-24 Exp. Rank #1563

Balance

−1,584.29

Exports

248.31 ₹ Cr

0.0069% share

−9.97% YoY

15.11% of Sub-Ch. 8455

Imports

1,832.60 ₹ Cr

0.0326% share

+60.70% YoY

23.62% of Sub-Ch. 8455

FY 2024-25 Exp. Rank #1589

Balance

−1,480.20

Exports

259.99 ₹ Cr

0.0071% share

+4.70% YoY

16.17% of Sub-Ch. 8455

Imports

1,740.19 ₹ Cr

0.0286% share

−5.04% YoY

17.68% of Sub-Ch. 8455

CAGR · 7-Year

Exports

5.40% /yr

Imports

5.89% /yr

Consistently Deficit
Sub-Chapter 8455 total

reference, FY 2024-25

Export

₹1,607.97 Cr

Import

₹9,842.15 Cr

Trade Balance

−8,234.18

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

Key Trade Insights: HSN Code 84553000 Export-Import Analysis

Consistent Export Growth: 5.40% CAGR Over 7 Years

India's exports under HSN Code 84553000 have grown at a compound annual rate of 5.40% over 7 fiscal years, rising from ₹189.58 Crore in FY 2018-19 to ₹259.99 Crore in FY 2024-25.

HSN Code 84553000 Ranked #1589 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84553000 ranks #1589 out of 12657 HSN codes by total export value. Within Sub-Chapter 8455, it ranks #2 of 6. By trade surplus, it ranks #12346 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 84553000 Exports

The strongest single-year export movement for HSN Code 84553000 was recorded in FY 2022-23, when exports surged by 25.74% over the prior year.

India Records a Trade Deficit of ₹1,480.20 Crore in HSN Code 84553000 Goods

In FY 2024-25, India's imports of ₹1,740.19 Cr exceeded exports of ₹259.99 Cr, resulting in a trade deficit of ₹1,480.20 Crore — ranking #12346 of 12657 by surplus magnitude.

Import Growth of 5.89% CAGR Signals Stable Import Dependency for Rolls For Rolling Mills

India's imports under HSN Code 84553000 have grown at 5.89% CAGR, reaching ₹1,740.19 Crore in FY 2024-25.

HSN Code 84553000 Contributes 16.17% of Sub-Chapter 8455 Exports — Ranked #2

Among the 6 HSN codes under Sub-Chapter 8455, HSN Code 84553000 ranks #2 by export value — accounting for 16.17% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 17.68% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84553000 and GST compliance.

What products are classified under HSN 84553000 ?

It includes Operated By Electro-Discharge Processes

Do e‑way bill and e‑invoice apply for Rolls For Rolling Mills?

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.

Any common misclassification issue with Rolls For Rolling Mills?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Does packaging or labelling change the GST for Rolls For Rolling Mills?

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.

How much GST applies to Rolls For Rolling Mills?

Under HSN 84553000, Rolls For Rolling Mills attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Rolls For Rolling Mills is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rolls For Rolling Mills; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Rolls For Rolling Mills?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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.