HSN Code 84571010: Machining Centres | Horizontal

HSN Code 84571010 represents Machining Centres | Horizontal under GST classification. This code helps businesses identify Machining Centres | Horizontal correctly for billing, taxation, and trade. With HSN Code 84571010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Machining Centres | Horizontal.

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Description of Goods for HSN Code 84571010

HSN Code 84571010 relates to the following description.

Description of Goods

Machining centres : Horizontal

Chapter

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

Sub Chapter

8457 - Machining centres, unit construction machines (single station) and multi-station transfer machines for working metal

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84571010 not include?

Machining Centres | Horizontal does not include products with the following descriptions.

India’s Trade Performance — HSN Code 84571010 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

₹140 Cr

−8.00% vs FY 2023-24

0.0038% of India’s total exports

India’s Imports

FY 2024-25

₹1,881 Cr

+3.21% vs FY 2023-24

0.0310% of India’s total imports

Trade Balance

FY 2024-25

−₹1,741 Cr

Trade Deficit

Surplus rank #12387 of 12657 HSN codes

% of Sub-Chapter 8457

FY 2024-25

37.33%

Share of Sub-Chapter 8457’s total exports in FY 2024-25

Import side: 45.12% of Sub-Chapter 8457’s imports

Rank Within Sub-Chapter 8457

FY 2024-25

#2 of 8

Position by export value among HSN codes in Sub-Chapter 8457

Import-side rank: #1 of 8

At a glance

27.18%

Export CAGR

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

#2241

National Export Rank

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

+368.64%

Peak Growth Year

FY 2023-24 · strongest single-year move

37.33%

Contribution to Sub-Ch. 8457

Share of Sub-Chapter 8457 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84571010

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 #3446

Balance

−1,990.91

Exports

33.10 ₹ Cr

0.0014% share

YoY

27.44% of Sub-Ch. 8457

Imports

2,024.01 ₹ Cr

0.0565% share

YoY

53.70% of Sub-Ch. 8457

FY 2019-20 Exp. Rank #3788

Balance

−1,322.51

Exports

25.76 ₹ Cr

0.0012% share

−22.18% YoY

29.25% of Sub-Ch. 8457

Imports

1,348.27 ₹ Cr

0.0403% share

−33.39% YoY

48.23% of Sub-Ch. 8457

FY 2020-21 Exp. Rank #4750

Balance

−1,014.71

Exports

13.04 ₹ Cr

0.0006% share

−49.38% YoY

14.57% of Sub-Ch. 8457

Imports

1,027.75 ₹ Cr

0.0353% share

−23.77% YoY

53.63% of Sub-Ch. 8457

FY 2021-22 Exp. Rank #4160

Balance

−1,059.52

Exports

27.24 ₹ Cr

0.0009% share

+108.90% YoY

17.27% of Sub-Ch. 8457

Imports

1,086.76 ₹ Cr

0.0238% share

+5.74% YoY

40.57% of Sub-Ch. 8457

FY 2022-23 Exp. Rank #4054

Balance

−1,319.66

Exports

32.49 ₹ Cr

0.0009% share

+19.27% YoY

16.47% of Sub-Ch. 8457

Imports

1,352.15 ₹ Cr

0.0235% share

+24.42% YoY

44.30% of Sub-Ch. 8457

FY 2023-24 Exp. Rank #2090

Balance

−1,670.50

Exports

152.26 ₹ Cr

0.0042% share

+368.64% YoY

36.81% of Sub-Ch. 8457

Imports

1,822.76 ₹ Cr

0.0325% share

+34.80% YoY

47.06% of Sub-Ch. 8457

FY 2024-25 Exp. Rank #2241

Balance

−1,741.23

Exports

140.08 ₹ Cr

0.0038% share

−8.00% YoY

37.33% of Sub-Ch. 8457

Imports

1,881.31 ₹ Cr

0.0310% share

+3.21% YoY

45.12% of Sub-Ch. 8457

CAGR · 7-Year

Exports

27.18% /yr

Imports

−1.21% /yr

Consistently Deficit
Sub-Chapter 8457 total

reference, FY 2024-25

Export

₹375.24 Cr

Import

₹4,170.02 Cr

Trade Balance

−3,794.78

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

Key Trade Insights: HSN Code 84571010 Export-Import Analysis

Consistent Export Growth: 27.18% CAGR Over 7 Years

India's exports under HSN Code 84571010 have grown at a compound annual rate of 27.18% over 7 fiscal years, rising from ₹33.10 Crore in FY 2018-19 to ₹140.08 Crore in FY 2024-25.

HSN Code 84571010 Ranked #2241 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84571010 ranks #2241 out of 12657 HSN codes by total export value. Within Sub-Chapter 8457, it ranks #2 of 8. By trade surplus, it ranks #12387 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 84571010 Exports

The strongest single-year export movement for HSN Code 84571010 was recorded in FY 2023-24, when exports surged by 368.64% over the prior year.

India Records a Trade Deficit of ₹1,741.23 Crore in HSN Code 84571010 Goods

In FY 2024-25, India's imports of ₹1,881.31 Cr exceeded exports of ₹140.08 Cr, resulting in a trade deficit of ₹1,741.23 Crore — ranking #12387 of 12657 by surplus magnitude.

Import Growth of −1.21% CAGR Signals Stable Import Dependency for Machining Centres | Horizontal

India's imports under HSN Code 84571010 have grown at −1.21% CAGR, reaching ₹1,881.31 Crore in FY 2024-25.

HSN Code 84571010 Contributes 37.33% of Sub-Chapter 8457 Exports — Ranked #2

Among the 8 HSN codes under Sub-Chapter 8457, HSN Code 84571010 ranks #2 by export value — accounting for 37.33% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 45.12% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84571010 and GST compliance.

What products are classified under HSN 84571010 ?

It includes Multi-station transfer machines : Rotary type

Any common misclassification issue with Machining Centres / Horizontal?

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

How much GST applies to Machining Centres / Horizontal?

Under HSN 84571010, Machining Centres / Horizontal attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Machining Centres / Horizontal?

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

Does packaging or labelling change the GST for Machining Centres / Horizontal?

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 should mixed supplies be billed when Machining Centres / Horizontal is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Machining Centres / Horizontal; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Machining Centres / Horizontal?

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.

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.