HSN Code 84573010: Multi-station transfer machines : Rotary type

HSN Code 84573010 represents Multi-station transfer machines : Rotary type under GST classification. This code helps businesses identify Multi-station transfer machines : Rotary type correctly for billing, taxation, and trade. With HSN Code 84573010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Multi-station transfer machines : Rotary type.

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Description of Goods for HSN Code 84573010

HSN Code 84573010 relates to the following description.

Description of Goods

Multi-station transfer machines : Rotary type

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 84573010 not include?

Multi-station transfer machines : Rotary type does not include products with the following descriptions.

India’s Trade Performance — HSN Code 84573010 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

+750.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹107 Cr

+84.76% vs FY 2023-24

0.0018% of India’s total imports

Trade Balance

FY 2024-25

−₹107 Cr

Trade Deficit

Surplus rank #10846 of 12657 HSN codes

% of Sub-Chapter 8457

FY 2024-25

0.09%

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

Import side: 2.57% of Sub-Chapter 8457’s imports

Rank Within Sub-Chapter 8457

FY 2024-25

#5 of 8

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

Import-side rank: #5 of 8

At a glance

22.63%

Export CAGR

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

#9126

National Export Rank

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

+750.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.09%

Contribution to Sub-Ch. 8457

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

India Export-Import Trade Statistics for HSN Code 84573010

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 #9190

Balance

−33.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.08% of Sub-Ch. 8457

Imports

33.21 ₹ Cr

0.0009% share

YoY

0.88% of Sub-Ch. 8457

FY 2019-20 Exp. Rank #8661

Balance

−51.03

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+160.00% YoY

0.30% of Sub-Ch. 8457

Imports

51.29 ₹ Cr

0.0015% share

+54.44% YoY

1.83% of Sub-Ch. 8457

FY 2020-21 Exp. Rank #8649

Balance

−46.62

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+7.69% YoY

0.31% of Sub-Ch. 8457

Imports

46.90 ₹ Cr

0.0016% share

−8.56% YoY

2.45% of Sub-Ch. 8457

FY 2021-22 Exp. Rank #9306

Balance

−24.77

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−42.86% YoY

0.10% of Sub-Ch. 8457

Imports

24.93 ₹ Cr

0.0005% share

−46.84% YoY

0.93% of Sub-Ch. 8457

FY 2022-23 Exp. Rank #9967

Balance

−57.83

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−75.00% YoY

0.02% of Sub-Ch. 8457

Imports

57.87 ₹ Cr

0.0010% share

+132.13% YoY

1.90% of Sub-Ch. 8457

FY 2023-24 Exp. Rank #10146

Balance

−57.91

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.01% of Sub-Ch. 8457

Imports

57.95 ₹ Cr

0.0010% share

+0.14% YoY

1.50% of Sub-Ch. 8457

FY 2024-25 Exp. Rank #9126

Balance

−106.73

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+750.00% YoY

0.09% of Sub-Ch. 8457

Imports

107.07 ₹ Cr

0.0018% share

+84.76% YoY

2.57% of Sub-Ch. 8457

CAGR · 7-Year

Exports

22.63% /yr

Imports

21.54% /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 84573010 Export-Import Analysis

Consistent Export Growth: 22.63% CAGR Over 7 Years

India's exports under HSN Code 84573010 have grown at a compound annual rate of 22.63% over 7 fiscal years, rising from ₹0.10 Crore in FY 2018-19 to ₹0.34 Crore in FY 2024-25.

HSN Code 84573010 Ranked #9126 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84573010 ranks #9126 out of 12657 HSN codes by total export value. Within Sub-Chapter 8457, it ranks #5 of 8. By trade surplus, it ranks #10846 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 84573010 Exports

The strongest single-year export movement for HSN Code 84573010 was recorded in FY 2024-25, when exports surged by 750.00% over the prior year.

India Records a Trade Deficit of ₹106.73 Crore in HSN Code 84573010 Goods

In FY 2024-25, India's imports of ₹107.07 Cr exceeded exports of ₹0.34 Cr, resulting in a trade deficit of ₹106.73 Crore — ranking #10846 of 12657 by surplus magnitude.

Import Growth of 21.54% CAGR Signals Rising Demand for Multi-station transfer machines : Rotary type

India's imports under HSN Code 84573010 have grown at 21.54% CAGR, reaching ₹107.07 Crore in FY 2024-25.

HSN Code 84573010 Contributes 0.09% of Sub-Chapter 8457 Exports — Ranked #5

Among the 8 HSN codes under Sub-Chapter 8457, HSN Code 84573010 ranks #5 by export value — accounting for 0.09% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.57% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84573010 and GST compliance.

What products are classified under HSN 84573010 ?

It includes Automatic Horizontal Lathes: Single Spindle, Base Sliding Head Type

How should mixed supplies be billed when Multi-station transfer machines : Rotary type is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Multi-station transfer machines : Rotary type; Nil for exempt items if applicable).

Any common misclassification issue with Multi-station transfer machines : Rotary type?

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 Multi-station transfer machines : Rotary type?

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 Multi-station transfer machines : Rotary type?

Under HSN 84573010, Multi-station transfer machines : Rotary type attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Multi-station transfer machines : Rotary type?

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.