HSN Code 84597010: Threading machines

HSN Code 84597010 represents Threading machines under GST classification. This code helps businesses identify Threading machines correctly for billing, taxation, and trade. With HSN Code 84597010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Threading machines.

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Description of Goods for HSN Code 84597010

HSN Code 84597010 relates to the following description.

Description of Goods

Other threading or tapping machines : Threading machines

Chapter

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

Sub Chapter

8459 - Machine-tools (including way-type unit head machines) for drilling, boring, milling, treading or tapping by removing metal, other than lathes (including turning centres) of heading 8458

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84597010 not include?

Threading machines does not include products with the following descriptions.

HSN Code 84594010

Machine-tools (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes (including turning centres) of heading 8458 - other boring machines : jig boring machines horizontal

HSN Code 84594020

Machine-tools (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes (including turning centres) of heading 8458 - other boring machines : fine boring machines, horizontal

HSN Code 84594030

Machine-tools (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes (including turning centres) of heading 8458 - other boring machines : fine boring machines, vertical

HSN Code 84594090

Machine-tools (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes (including turning centres) of heading 8458 - other boring machines : other

HSN Code 84594110

Other boring machines : Numerically controlled: Jig boring machines horizontal

HSN Code 84594120

Other boring machines : Numerically controlled: Fine boring machines, horizontal

HSN Code 84594130

Other boring machines : Numerically controlled: Fine boring machines, vertical

India’s Trade Performance — HSN Code 84597010 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

₹7 Cr

+28.52% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹44 Cr

+221.13% vs FY 2023-24

0.0007% of India’s total imports

Trade Balance

FY 2024-25

−₹37 Cr

Trade Deficit

Surplus rank #10022 of 12657 HSN codes

% of Sub-Chapter 8459

FY 2024-25

3.28%

Share of Sub-Chapter 8459’s total exports in FY 2024-25

Import side: 3.00% of Sub-Chapter 8459’s imports

Rank Within Sub-Chapter 8459

FY 2024-25

#8 of 42

Position by export value among HSN codes in Sub-Chapter 8459

Import-side rank: #10 of 42

At a glance

−7.84%

Export CAGR

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

#6304

National Export Rank

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

+28.52%

Peak Growth Year

FY 2024-25 · strongest single-year move

3.28%

Contribution to Sub-Ch. 8459

Share of Sub-Chapter 8459 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #4912

Balance

−3.55

Exports

10.74 ₹ Cr

0.0005% share

— YoY

10.46% of Sub-Ch. 8459

Imports

14.29 ₹ Cr

0.0004% share

— YoY

1.17% of Sub-Ch. 8459

FY 2019-20 Exp. Rank #5390

Balance

−1.30

Exports

7.36 ₹ Cr

0.0003% share

−31.47% YoY

6.92% of Sub-Ch. 8459

Imports

8.66 ₹ Cr

0.0003% share

−39.40% YoY

0.71% of Sub-Ch. 8459

FY 2020-21 Exp. Rank #5407

Balance

−4.57

Exports

7.62 ₹ Cr

0.0004% share

+3.53% YoY

7.45% of Sub-Ch. 8459

Imports

12.19 ₹ Cr

0.0004% share

+40.76% YoY

1.87% of Sub-Ch. 8459

FY 2021-22 Exp. Rank #6251

Balance

−9.72

Exports

5.41 ₹ Cr

0.0002% share

−29.00% YoY

4.06% of Sub-Ch. 8459

Imports

15.13 ₹ Cr

0.0003% share

+24.12% YoY

2.07% of Sub-Ch. 8459

FY 2022-23 Exp. Rank #6613

Balance

−6.63

Exports

4.25 ₹ Cr

0.0001% share

−21.44% YoY

2.83% of Sub-Ch. 8459

Imports

10.88 ₹ Cr

0.0002% share

−28.09% YoY

1.15% of Sub-Ch. 8459

FY 2023-24 Exp. Rank #6553

Balance

−8.56

Exports

5.12 ₹ Cr

0.0001% share

+20.47% YoY

3.13% of Sub-Ch. 8459

Imports

13.68 ₹ Cr

0.0002% share

+25.74% YoY

1.21% of Sub-Ch. 8459

FY 2024-25 Exp. Rank #6304

Balance

−37.35

Exports

6.58 ₹ Cr

0.0002% share

+28.52% YoY

3.28% of Sub-Ch. 8459

Imports

43.93 ₹ Cr

0.0007% share

+221.13% YoY

3.00% of Sub-Ch. 8459

CAGR · 7-Year

Exports

−7.84% /yr

Imports

20.58% /yr

Consistently Deficit
Sub-Chapter 8459 total

reference, FY 2024-25

Export

₹200.31 Cr

Import

₹1,465.39 Cr

Trade Balance

−1,265.08

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84597010 and GST compliance.

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.

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.