--- title: "HSN Code for NC Cylindrical Grinding Machines | HSN 84602300 GST Rate" description: "Find HSN and GST Rates for 84602300 related to NC Cylindrical Grinding Machines with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84602300/" --- # HSN Code 84602300: NC Cylindrical Grinding 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 8460: Machine-Tools For Metal Finishing](https://busy.in/hsn/sub-chapter-8460/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other grinding machines: Other cylindrical grinding machines, numerically controlled | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84602300 ? It includes Profile Grinders ### How should mixed supplies be billed when NC Cylindrical Grinding Machines is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for NC Cylindrical Grinding Machines; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade NC Cylindrical Grinding Machines? 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 NC Cylindrical Grinding Machines? 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. ### Any common misclassification issue with NC Cylindrical Grinding 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 much GST applies to NC Cylindrical Grinding Machines? Under HSN 84602300, NC Cylindrical Grinding Machines attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for NC Cylindrical Grinding 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. ## India's trade performance: HSN Code 84602300 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹28 Cr (+122.94% YoY) — 0.0008% of India's total exports - Imports: ₹531 Cr (+99.23% YoY) — 0.0087% of India's total imports - Trade balance: −₹502 Cr (Deficit); surplus rank #11900 of 12657 HSN codes - Share of Sub-Chapter 8460: 11.19% of its exports; import side 19.85% - Rank within Sub-Chapter 8460: #4 of 22 by export value; import-side #1 ### Key metrics - Export CAGR: 19.37% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4405 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +576.21% in FY 2022-23 - Contribution to Sub-Ch. 8460: 11.19% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84602300 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. 8460 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8460 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 9.84 | 0.0004% | — | 5.04% | 163.84 | 0.0046% | — | 10.16% | −154.00 | #5005 | | FY 2019-20 | 4.86 | 0.0002% | −50.61% | 3.09% | 197.09 | 0.0059% | +20.29% | 12.32% | −192.23 | #5886 | | FY 2020-21 | 22.55 | 0.0010% | +363.99% | 13.00% | 104.43 | 0.0036% | −47.01% | 8.88% | −81.88 | #4036 | | FY 2021-22 | 2.48 | 0.0001% | −89.00% | 1.32% | 160.91 | 0.0035% | +54.08% | 14.31% | −158.43 | #7109 | | FY 2022-23 | 16.77 | 0.0005% | +576.21% | 7.85% | 219.24 | 0.0038% | +36.25% | 12.26% | −202.47 | #4904 | | FY 2023-24 | 12.77 | 0.0004% | −23.85% | 4.41% | 266.38 | 0.0047% | +21.50% | 12.91% | −253.61 | #5396 | | FY 2024-25 | 28.47 | 0.0008% | +122.94% | 11.19% | 530.71 | 0.0087% | +99.23% | 19.85% | −502.24 | #4405 | - CAGR (7-year): exports 19.37%/yr, imports 21.64%/yr (consistently Deficit) ## Key trade insights: HSN Code 84602300 export-import analysis ### Consistent export growth: 19.37% CAGR over 7 years India's exports under HSN Code 84602300 have grown at a compound annual rate of 19.37% over 7 fiscal years, rising from ₹9.84 Crore in FY 2018-19 to ₹28.47 Crore in FY 2024-25. ### HSN Code 84602300 ranked #4405 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84602300 ranks #4405 out of 12657 HSN codes by total export value. Within Sub-Chapter 8460, it ranks #4 of 22. By trade surplus, it ranks #11900 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 84602300 exports The strongest single-year export movement for HSN Code 84602300 was recorded in FY 2022-23, when exports surged by 576.21% over the prior year. ### India records a trade deficit of ₹502.24 Crore in HSN Code 84602300 goods In FY 2024-25, India's imports of ₹530.71 Cr exceeded exports of ₹28.47 Cr, resulting in a trade deficit of ₹502.24 Crore — ranking #11900 of 12657 by surplus magnitude. ### Import growth of 21.64% CAGR signals rising demand for NC Cylindrical Grinding Machines India's imports under HSN Code 84602300 have grown at 21.64% CAGR, reaching ₹530.71 Crore in FY 2024-25. ### HSN Code 84602300 contributes 11.19% of Sub-Chapter 8460 exports — ranked #4 Among the 22 HSN codes under Sub-Chapter 8460, HSN Code 84602300 ranks #4 by export value — accounting for 11.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 19.85% share (rank #1). ## Related HSN Codes in Sub-Chapter 8460 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84609090: Other Abrasive and Polishing Machine Tools](https://busy.in/hsn/hsn-84609090/) | ₹59 Cr | | #2 | [HSN Code 84601900: Other Flat-Surface Grinding Machines](https://busy.in/hsn/hsn-84601900/) | ₹35 Cr | | #3 | [HSN Code 84603100: Sharpening (tool or cutter grinding) machines : Numerically controlled](https://busy.in/hsn/hsn-84603100/) | ₹31 Cr | | #4 | HSN Code 84602300: NC Cylindrical Grinding Machines (this hsn code) | ₹28 Cr | | #5 | [HSN Code 84602990: Other Precision Grinder](https://busy.in/hsn/hsn-84602990/) | ₹24 Cr | | #6 | [HSN Code 84602200: Numerically Controlled Centreless Grinding Machines](https://busy.in/hsn/hsn-84602200/) | ₹12 Cr | | #7 | [HSN Code 84602910: Cylindrical Grinders](https://busy.in/hsn/hsn-84602910/) | ₹12 Cr | | #8 | [HSN Code 84609010: Other \| Polishing And Buffing Machines](https://busy.in/hsn/hsn-84609010/) | ₹10 Cr | | #9 | [HSN Code 84602930: Centerless Grinders](https://busy.in/hsn/hsn-84602930/) | ₹9 Cr | | #10 | [HSN Code 84603910: Sharpening & Grinding Machines: Grinders & Cutters](https://busy.in/hsn/hsn-84603910/) | ₹8 Cr |