--- title: "HSN Code for Threading machines | HSN 84597010 GST Rate" description: "Find HSN and GST Rates for 84597010 related to Threading machines with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84597010/" --- # HSN Code 84597010: Threading machines - [Section 16: Guide to HSN Section 16](https://busy.in/hsn/section-16/) - [Chapter 84: Nuclear Reactors, Boilers & Machinery](https://busy.in/hsn/chapter-84/) - [Sub-chapter 8459: Drilling Machines](https://busy.in/hsn/sub-chapter-8459/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other threading or tapping machines : Threading machines | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84597010 ? It includes NC Cylindrical Grinding Machines ### Can we claim ITC on inputs used to trade Threading machines? 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 Threading machines? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Threading machines is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Threading machines; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Threading machines? 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 Threading machines? Under HSN 84597010, Threading machines attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 84597010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹7 Cr (+28.52% YoY) — 0.0002% of India's total exports - Imports: ₹44 Cr (+221.13% YoY) — 0.0007% of India's total imports - Trade balance: −₹37 Cr (Deficit); surplus rank #10022 of 12657 HSN codes - Share of Sub-Chapter 8459: 3.28% of its exports; import side 3.00% - Rank within Sub-Chapter 8459: #8 of 42 by export value; import-side #10 ### Key metrics - Export CAGR: -7.84% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6304 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +28.52% in FY 2024-25 - Contribution to Sub-Ch. 8459: 3.28% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84597010 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 8459 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8459 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 10.74 | 0.0005% | — | 10.46% | 14.29 | 0.0004% | — | 1.17% | −3.55 | #4912 | | FY 2019-20 | 7.36 | 0.0003% | −31.47% | 6.92% | 8.66 | 0.0003% | −39.40% | 0.71% | −1.30 | #5390 | | FY 2020-21 | 7.62 | 0.0004% | +3.53% | 7.45% | 12.19 | 0.0004% | +40.76% | 1.87% | −4.57 | #5407 | | FY 2021-22 | 5.41 | 0.0002% | −29.00% | 4.06% | 15.13 | 0.0003% | +24.12% | 2.07% | −9.72 | #6251 | | FY 2022-23 | 4.25 | 0.0001% | −21.44% | 2.83% | 10.88 | 0.0002% | −28.09% | 1.15% | −6.63 | #6613 | | FY 2023-24 | 5.12 | 0.0001% | +20.47% | 3.13% | 13.68 | 0.0002% | +25.74% | 1.21% | −8.56 | #6553 | | FY 2024-25 | 6.58 | 0.0002% | +28.52% | 3.28% | 43.93 | 0.0007% | +221.13% | 3.00% | −37.35 | #6304 | - CAGR (7-year): exports -7.84%/yr, imports 20.58%/yr (consistently Deficit) ## Key trade insights: HSN Code 84597010 export-import analysis ### Export decline: -7.84% CAGR over 7 years India's exports under HSN Code 84597010 have declined at a compound annual rate of -7.84% over 7 fiscal years, falling from ₹10.74 Crore in FY 2018-19 to ₹6.58 Crore in FY 2024-25. ### HSN Code 84597010 ranked #6304 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84597010 ranks #6304 out of 12657 HSN codes by total export value. Within Sub-Chapter 8459, it ranks #8 of 42. By trade surplus, it ranks #10022 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 84597010 exports The strongest single-year export movement for HSN Code 84597010 was recorded in FY 2024-25, when exports surged by 28.52% over the prior year. ### India records a trade deficit of ₹37.35 Crore in HSN Code 84597010 goods In FY 2024-25, India's imports of ₹43.93 Cr exceeded exports of ₹6.58 Cr, resulting in a trade deficit of ₹37.35 Crore — ranking #10022 of 12657 by surplus magnitude. ### Import growth of 20.58% CAGR signals rising demand for Threading machines India's imports under HSN Code 84597010 have grown at 20.58% CAGR, reaching ₹43.93 Crore in FY 2024-25. ### HSN Code 84597010 contributes 3.28% of Sub-Chapter 8459 exports — ranked #8 Among the 42 HSN codes under Sub-Chapter 8459, HSN Code 84597010 ranks #8 by export value — accounting for 3.28% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.00% share (rank #10). ## Related HSN Codes in Sub-Chapter 8459 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84592990: Other drilling machines : Other : Other](https://busy.in/hsn/hsn-84592990/) | ₹45 Cr | | #2 | [HSN Code 84596990: Other Milling Machines \| Other](https://busy.in/hsn/hsn-84596990/) | ₹34 Cr | | #3 | [HSN Code 84594130: Numerically Controlled Boring Machines: Fine Vertical Type](https://busy.in/hsn/hsn-84594130/) | ₹22 Cr | | #4 | [HSN Code 84592940: Other drilling machines : Other : Deep hole](https://busy.in/hsn/hsn-84592940/) | ₹11 Cr | | #5 | [HSN Code 84595930: Milling machine, knee type : Other : Universal](https://busy.in/hsn/hsn-84595930/) | ₹10 Cr | | #6 | [HSN Code 84592100: Other drilling machines : Numerically controlled](https://busy.in/hsn/hsn-84592100/) | ₹8 Cr | | #7 | [HSN Code 84593990: Other boring-milling machines : Other : Other](https://busy.in/hsn/hsn-84593990/) | ₹7 Cr | | #8 | HSN Code 84597010: Threading machines (this hsn code) | ₹7 Cr | | #9 | [HSN Code 84591000: Way-Type Unit Head Machines](https://busy.in/hsn/hsn-84591000/) | ₹7 Cr | | #10 | [HSN Code 84596190: Numerically controlled milling machines0](https://busy.in/hsn/hsn-84596190/) | ₹5 Cr |