---
title: "HSN Code for Profile Grinders | HSN 84602940 GST Rate"
description: "Find HSN and GST Rates for 84602940 related to Profile Grinders with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84602940/"
---

# HSN Code 84602940: Profile Grinders

- [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, in which the positioning in any one axis can be set up to an accuracy of at least 0.01 mm : Other : Profile grinders | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84602940 ?

It includes Honing or lapping machines: Honing machines: Vertical, single spindle

### Does packaging or labelling change the GST for Profile 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 Profile Grinders?

Under HSN 84602940, Profile Grinders attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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

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

### Any common misclassification issue with Profile 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 Profile Grinders?

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

### Do e‑way bill and e‑invoice apply for Profile Grinders?

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 84602940 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹4 Cr (−64.20% YoY) — 0.0001% of India's total exports
- Imports: ₹6 Cr (−60.98% YoY) — 0.0001% of India's total imports
- Trade balance: −₹2 Cr (Deficit); surplus rank #8238 of 12657 HSN codes
- Share of Sub-Chapter 8460: 1.50% of its exports; import side 0.23%
- Rank within Sub-Chapter 8460: #12 of 22 by export value; import-side #20

### Key metrics

- Export CAGR: 3.65% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #6932 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +304.17% in FY 2023-24
- Contribution to Sub-Ch. 8460: 1.50% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84602940

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 | 3.08 | 0.0001% | — | 1.58% | 21.64 | 0.0006% | — | 1.34% | −18.56 | #6436 |
| FY 2019-20 | 4.60 | 0.0002% | +49.35% | 2.93% | 3.11 | 0.0001% | −85.63% | 0.19% | +1.49 | #5958 |
| FY 2020-21 | 7.85 | 0.0004% | +70.65% | 4.53% | 6.41 | 0.0002% | +106.11% | 0.54% | +1.44 | #5381 |
| FY 2021-22 | 3.79 | 0.0001% | −51.72% | 2.02% | 14.26 | 0.0003% | +122.46% | 1.27% | −10.47 | #6667 |
| FY 2022-23 | 2.64 | 0.0001% | −30.34% | 1.24% | 26.62 | 0.0005% | +86.68% | 1.49% | −23.98 | #7135 |
| FY 2023-24 | 10.67 | 0.0003% | +304.17% | 3.68% | 15.71 | 0.0003% | −40.98% | 0.76% | −5.04 | #5655 |
| FY 2024-25 | 3.82 | 0.0001% | −64.20% | 1.50% | 6.13 | 0.0001% | −60.98% | 0.23% | −2.31 | #6932 |

- CAGR (7-year): exports 3.65%/yr, imports -18.96%/yr (consistently Deficit)

## Key trade insights: HSN Code 84602940 export-import analysis

### Consistent export growth: 3.65% CAGR over 7 years

India's exports under HSN Code 84602940 have grown at a compound annual rate of 3.65% over 7 fiscal years, rising from ₹3.08 Crore in FY 2018-19 to ₹3.82 Crore in FY 2024-25.

### HSN Code 84602940 ranked #6932 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84602940 ranks #6932 out of 12657 HSN codes by total export value. Within Sub-Chapter 8460, it ranks #12 of 22. By trade surplus, it ranks #8238 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 84602940 exports

The strongest single-year export movement for HSN Code 84602940 was recorded in FY 2023-24, when exports surged by 304.17% over the prior year.

### India records a trade deficit of ₹2.31 Crore in HSN Code 84602940 goods

In FY 2024-25, India's imports of ₹6.13 Cr exceeded exports of ₹3.82 Cr, resulting in a trade deficit of ₹2.31 Crore — ranking #8238 of 12657 by surplus magnitude.

### Import growth of -18.96% CAGR signals stable import dependency for Profile Grinders

India's imports under HSN Code 84602940 have grown at -18.96% CAGR, reaching ₹6.13 Crore in FY 2024-25.

### HSN Code 84602940 contributes 1.50% of Sub-Chapter 8460 exports — ranked #12

Among the 22 HSN codes under Sub-Chapter 8460, HSN Code 84602940 ranks #12 by export value — accounting for 1.50% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.23% share (rank #20).

## 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](https://busy.in/hsn/hsn-84602300/) | ₹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 |
| #12 | HSN Code 84602940: Profile Grinders (this hsn code) | ₹4 Cr |