HSN Code 84602300: NC Cylindrical Grinding Machines

HSN Code 84602300 represents NC Cylindrical Grinding Machines under GST classification. This code helps businesses identify NC Cylindrical Grinding Machines correctly for billing, taxation, and trade. With HSN Code 84602300, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of NC Cylindrical Grinding Machines.

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Description of Goods for HSN Code 84602300

HSN Code 84602300 relates to the following description.

Description of Goods

Other grinding machines: Other cylindrical grinding machines, numerically controlled

Chapter

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

Sub Chapter

8460 - Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal, or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 8461

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84602300 not include?

NC Cylindrical Grinding Machines does not include products with the following descriptions.

HSN Code 84601100

Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal, or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 8461 - flat-surface grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm:numerically controlled

HSN Code 84601200

Flat-surface grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Numerically controlled

HSN Code 84601900

Flat-surface grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Other

HSN Code 84602100

Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal, or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 8461 - other grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm: numerically controlled

HSN Code 84602200

Other grinding machines: Centreless grinding machines, numerically controlled

HSN Code 84602910

Other grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Other : Cylindrical grinders

HSN Code 84602920

Other grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Other : Internal grinders

HSN Code 84602930

Other grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Other : Centreless grinders

HSN Code 84602940

Other grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Other : Profile grinders

HSN Code 84602990

Other grinding machines, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Other : Other

HSN Code 84603910

Sharpening (tool or cutter grinding)machines : Other : Grinder, tool or cutter

India’s Trade Performance — HSN Code 84602300 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

₹28 Cr

+122.94% vs FY 2023-24

0.0008% of India’s total exports

India’s Imports

FY 2024-25

₹531 Cr

+99.23% vs FY 2023-24

0.0087% of India’s total imports

Trade Balance

FY 2024-25

−₹502 Cr

Trade Deficit

Surplus rank #11900 of 12657 HSN codes

% of Sub-Chapter 8460

FY 2024-25

11.19%

Share of Sub-Chapter 8460’s total exports in FY 2024-25

Import side: 19.85% of Sub-Chapter 8460’s imports

Rank Within Sub-Chapter 8460

FY 2024-25

#4 of 22

Position by export value among HSN codes in Sub-Chapter 8460

Import-side rank: #1 of 22

At a glance

19.37%

Export CAGR

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

#4405

National Export Rank

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

+576.21%

Peak Growth Year

FY 2022-23 · strongest single-year move

11.19%

Contribution to Sub-Ch. 8460

Share of Sub-Chapter 8460 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #5005

Balance

−154.00

Exports

9.84 ₹ Cr

0.0004% share

— YoY

5.04% of Sub-Ch. 8460

Imports

163.84 ₹ Cr

0.0046% share

— YoY

10.16% of Sub-Ch. 8460

FY 2019-20 Exp. Rank #5886

Balance

−192.23

Exports

4.86 ₹ Cr

0.0002% share

−50.61% YoY

3.09% of Sub-Ch. 8460

Imports

197.09 ₹ Cr

0.0059% share

+20.29% YoY

12.32% of Sub-Ch. 8460

FY 2020-21 Exp. Rank #4036

Balance

−81.88

Exports

22.55 ₹ Cr

0.0010% share

+363.99% YoY

13.00% of Sub-Ch. 8460

Imports

104.43 ₹ Cr

0.0036% share

−47.01% YoY

8.88% of Sub-Ch. 8460

FY 2021-22 Exp. Rank #7109

Balance

−158.43

Exports

2.48 ₹ Cr

0.0001% share

−89.00% YoY

1.32% of Sub-Ch. 8460

Imports

160.91 ₹ Cr

0.0035% share

+54.08% YoY

14.31% of Sub-Ch. 8460

FY 2022-23 Exp. Rank #4904

Balance

−202.47

Exports

16.77 ₹ Cr

0.0005% share

+576.21% YoY

7.85% of Sub-Ch. 8460

Imports

219.24 ₹ Cr

0.0038% share

+36.25% YoY

12.26% of Sub-Ch. 8460

FY 2023-24 Exp. Rank #5396

Balance

−253.61

Exports

12.77 ₹ Cr

0.0004% share

−23.85% YoY

4.41% of Sub-Ch. 8460

Imports

266.38 ₹ Cr

0.0047% share

+21.50% YoY

12.91% of Sub-Ch. 8460

FY 2024-25 Exp. Rank #4405

Balance

−502.24

Exports

28.47 ₹ Cr

0.0008% share

+122.94% YoY

11.19% of Sub-Ch. 8460

Imports

530.71 ₹ Cr

0.0087% share

+99.23% YoY

19.85% of Sub-Ch. 8460

CAGR · 7-Year

Exports

19.37% /yr

Imports

21.64% /yr

Consistently Deficit
Sub-Chapter 8460 total

reference, FY 2024-25

Export

₹254.38 Cr

Import

₹2,674.22 Cr

Trade Balance

−2,419.84

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84602300 and GST compliance.

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.

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.