HSN Code 84573020 represents Multi-station transfer machines : In-line type under GST classification. This code helps businesses identify Multi-station transfer machines : In-line type correctly for billing, taxation, and trade. With HSN Code 84573020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Multi-station transfer machines : In-line type.
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HSN Code 84573020 relates to the following description.
Description of Goods
Multi-station transfer machines : In-line 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%
Multi-station transfer machines : In-line type does not include products with the following descriptions.
Machining centres : Horizontal
Machining centres : Vertical
Unit construction machines (single station) : Unit head boring
Unit construction machines (single station) : Unit head drilling
Unit construction machines (single station) : Other
Multi-station transfer machines : Rotary type
Multi-station transfer machines : Other
Machining centres : Horizontal
Machining centres : Vertical
Unit construction machines (single station) : Unit head boring
Unit construction machines (single station) : Unit head drilling
Unit construction machines (single station) : Other
Multi-station transfer machines : Rotary type
Multi-station transfer machines : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹19 Cr
0.0003% of India’s total imports
Trade Balance
FY 2024-25−₹19 Cr
Surplus rank #9510 of 12657 HSN codes
% of Sub-Chapter 8457
FY 2024-250.02%
Share of Sub-Chapter 8457’s total exports in FY 2024-25
Import side: 0.45% of Sub-Chapter 8457’s imports
Rank Within Sub-Chapter 8457
FY 2024-25#6 of 8
Position by export value among HSN codes in Sub-Chapter 8457
Import-side rank: #6 of 8
At a glance
−36.32%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9908
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
−50.00%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.02%
Contribution to Sub-Ch. 8457
Share of Sub-Chapter 8457 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−2.90
Exports
1.05 ₹ Cr
0.0000% share
— YoY
0.87% of Sub-Ch. 8457
Imports
3.95 ₹ Cr
0.0001% share
— YoY
0.10% of Sub-Ch. 8457
Balance
−25.23
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 8457
Imports
25.23 ₹ Cr
0.0008% share
+538.73% YoY
0.90% of Sub-Ch. 8457
Balance
−5.63
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 8457
Imports
5.63 ₹ Cr
0.0002% share
−77.69% YoY
0.29% of Sub-Ch. 8457
Balance
−12.32
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.10% of Sub-Ch. 8457
Imports
12.48 ₹ Cr
0.0003% share
+121.67% YoY
0.47% of Sub-Ch. 8457
Balance
−8.59
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 8457
Imports
8.59 ₹ Cr
0.0001% share
−31.17% YoY
0.28% of Sub-Ch. 8457
Balance
−1.62
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.03% of Sub-Ch. 8457
Imports
1.76 ₹ Cr
0.0000% share
−79.51% YoY
0.05% of Sub-Ch. 8457
Balance
−18.89
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−50.00% YoY
0.02% of Sub-Ch. 8457
Imports
18.96 ₹ Cr
0.0003% share
+977.27% YoY
0.45% of Sub-Ch. 8457
CAGR · 7-Year
Exports
−36.32% /yr
Imports
29.88% /yr
reference, FY 2024-25
Export
₹375.24 Cr
Import
₹4,170.02 Cr
Trade Balance
−3,794.78
India's exports under HSN Code 84573020 have declined at a compound annual rate of −36.32% over 7 fiscal years, falling from ₹1.05 Crore in FY 2018-19 to ₹0.07 Crore in FY 2024-25.
In FY 2024-25, HSN Code 84573020 ranks #9908 out of 12657 HSN codes by total export value. Within Sub-Chapter 8457, it ranks #6 of 8. By trade surplus, it ranks #9510 of 12657.
The strongest single-year export movement for HSN Code 84573020 was recorded in FY 2024-25, when exports declined by 50.00% over the prior year.
In FY 2024-25, India's imports of ₹18.96 Cr exceeded exports of ₹0.07 Cr, resulting in a trade deficit of ₹18.89 Crore — ranking #9510 of 12657 by surplus magnitude.
India's imports under HSN Code 84573020 have grown at 29.88% CAGR, reaching ₹18.96 Crore in FY 2024-25.
Among the 8 HSN codes under Sub-Chapter 8457, HSN Code 84573020 ranks #6 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.45% share (rank #6).
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Clear answers to common queries about HSN Code 84573020 and GST compliance.
It includes Automatic Single Spindle Horizontal Lathes: Horizontal Chucking
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Multi-station transfer machines : In-line type; Nil for exempt items if applicable).
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 84573020, Multi-station transfer machines : In-line type attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.