HSN Code 84602920: Internal Grinders

HSN Code 84602920 represents Internal Grinders under GST classification. This code helps businesses identify Internal Grinders correctly for billing, taxation, and trade. With HSN Code 84602920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Internal Grinders.

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Description of Goods for HSN Code 84602920

HSN Code 84602920 relates to the following description.

Description of Goods

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

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 84602920 not include?

Internal Grinders 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 84602300

Other grinding machines: Other cylindrical 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 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 84602920 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

₹1 Cr

+1,950.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹15 Cr

−44.94% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹13 Cr

Trade Deficit

Surplus rank #9278 of 12657 HSN codes

% of Sub-Chapter 8460

FY 2024-25

0.48%

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

Import side: 0.55% of Sub-Chapter 8460’s imports

Rank Within Sub-Chapter 8460

FY 2024-25

#19 of 22

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

Import-side rank: #18 of 22

At a glance

14.01%

Export CAGR

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

#8062

National Export Rank

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

+4,100.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.48%

Contribution to Sub-Ch. 8460

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

India Export-Import Trade Statistics for HSN Code 84602920

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 #8093

Balance

−30.60

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.29% of Sub-Ch. 8460

Imports

31.16 ₹ Cr

0.0009% share

— YoY

1.93% of Sub-Ch. 8460

FY 2019-20 Exp. Rank #6211

Balance

−44.30

Exports

3.67 ₹ Cr

0.0002% share

+555.36% YoY

2.34% of Sub-Ch. 8460

Imports

47.97 ₹ Cr

0.0014% share

+53.95% YoY

3.00% of Sub-Ch. 8460

FY 2020-21

Balance

−68.96

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8460

Imports

68.96 ₹ Cr

0.0024% share

+43.76% YoY

5.86% of Sub-Ch. 8460

FY 2021-22 Exp. Rank #10058

Balance

−7.62

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 8460

Imports

7.64 ₹ Cr

0.0002% share

−88.92% YoY

0.68% of Sub-Ch. 8460

FY 2022-23 Exp. Rank #8254

Balance

−7.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+4,100.00% YoY

0.39% of Sub-Ch. 8460

Imports

8.24 ₹ Cr

0.0001% share

+7.85% YoY

0.46% of Sub-Ch. 8460

FY 2023-24 Exp. Rank #9987

Balance

−26.60

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−92.86% YoY

0.02% of Sub-Ch. 8460

Imports

26.66 ₹ Cr

0.0005% share

+223.54% YoY

1.29% of Sub-Ch. 8460

FY 2024-25 Exp. Rank #8062

Balance

−13.45

Exports

1.23 ₹ Cr

0.0000% share

+1,950.00% YoY

0.48% of Sub-Ch. 8460

Imports

14.68 ₹ Cr

0.0002% share

−44.94% YoY

0.55% of Sub-Ch. 8460

CAGR · 7-Year

Exports

14.01% /yr

Imports

−11.79% /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 84602920 Export-Import Analysis

Consistent Export Growth: 14.01% CAGR Over 7 Years

India's exports under HSN Code 84602920 have grown at a compound annual rate of 14.01% over 7 fiscal years, rising from ₹0.56 Crore in FY 2018-19 to ₹1.23 Crore in FY 2024-25.

HSN Code 84602920 Ranked #8062 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84602920 ranks #8062 out of 12657 HSN codes by total export value. Within Sub-Chapter 8460, it ranks #19 of 22. By trade surplus, it ranks #9278 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 84602920 Exports

The strongest single-year export movement for HSN Code 84602920 was recorded in FY 2022-23, when exports surged by 4,100.00% over the prior year.

India Records a Trade Deficit of ₹13.45 Crore in HSN Code 84602920 Goods

In FY 2024-25, India's imports of ₹14.68 Cr exceeded exports of ₹1.23 Cr, resulting in a trade deficit of ₹13.45 Crore — ranking #9278 of 12657 by surplus magnitude.

Import Growth of −11.79% CAGR Signals Stable Import Dependency for Internal Grinders

India's imports under HSN Code 84602920 have grown at −11.79% CAGR, reaching ₹14.68 Crore in FY 2024-25.

HSN Code 84602920 Contributes 0.48% of Sub-Chapter 8460 Exports — Ranked #19

Among the 22 HSN codes under Sub-Chapter 8460, HSN Code 84602920 ranks #19 by export value — accounting for 0.48% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.55% share (rank #18).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84602920 and GST compliance.

What products are classified under HSN 84602920 ?

It includes Sharpening & Grinding Machines: Grinders & Cutters

How should mixed supplies be billed when Internal Grinders is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Internal Grinders; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Internal Grinders?

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.

How much GST applies to Internal Grinders?

Under HSN 84602920, Internal Grinders attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Internal Grinders?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Can we claim ITC on inputs used to trade Internal Grinders?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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.