---
title: "HSN Code for Other Precision Grinder | HSN 84602990 GST Rate"
description: "Find HSN and GST Rates for 84602990 related to Other Precision Grinder with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-84602990/"
---

# HSN Code 84602990: Other Precision Grinder

- [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 : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 84602990 ?

It includes Honing or lapping machines: Honing machines: Vertical, multi-spindle

### How much GST applies to Other Precision Grinder?

Under HSN 84602990, Other Precision Grinder attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Other Precision Grinder is sold with other items?

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

### Can we claim ITC on inputs used to trade Other Precision Grinder?

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 Other Precision Grinder?

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.

### Any common misclassification issue with Other Precision Grinder?

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

### Does packaging or labelling change the GST for Other Precision Grinder?

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.

## India's trade performance: HSN Code 84602990 (FY 2024-25)

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

- Exports: ₹24 Cr (−18.17% YoY) — 0.0007% of India's total exports
- Imports: ₹395 Cr (+17.10% YoY) — 0.0065% of India's total imports
- Trade balance: −₹371 Cr (Deficit); surplus rank #11713 of 12657 HSN codes
- Share of Sub-Chapter 8460: 9.47% of its exports; import side 14.79%
- Rank within Sub-Chapter 8460: #5 of 22 by export value; import-side #2

### Key metrics

- Export CAGR: 2.50% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #4609 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +32.97% in FY 2020-21
- Contribution to Sub-Ch. 8460: 9.47% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 84602990

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 | 20.78 | 0.0009% | — | 10.64% | 458.18 | 0.0128% | — | 28.41% | −437.40 | #4062 |
| FY 2019-20 | 16.65 | 0.0008% | −19.87% | 10.60% | 312.44 | 0.0093% | −31.81% | 19.52% | −295.79 | #4364 |
| FY 2020-21 | 22.14 | 0.0010% | +32.97% | 12.76% | 219.98 | 0.0075% | −29.59% | 18.70% | −197.84 | #4062 |
| FY 2021-22 | 24.48 | 0.0008% | +10.57% | 13.04% | 221.02 | 0.0048% | +0.47% | 19.66% | −196.54 | #4318 |
| FY 2022-23 | 24.69 | 0.0007% | +0.86% | 11.55% | 320.13 | 0.0056% | +44.84% | 17.91% | −295.44 | #4426 |
| FY 2023-24 | 29.45 | 0.0008% | +19.28% | 10.17% | 337.68 | 0.0060% | +5.48% | 16.37% | −308.23 | #4270 |
| FY 2024-25 | 24.10 | 0.0007% | −18.17% | 9.47% | 395.43 | 0.0065% | +17.10% | 14.79% | −371.33 | #4609 |

- CAGR (7-year): exports 2.50%/yr, imports -2.42%/yr (consistently Deficit)

## Key trade insights: HSN Code 84602990 export-import analysis

### Consistent export growth: 2.50% CAGR over 7 years

India's exports under HSN Code 84602990 have grown at a compound annual rate of 2.50% over 7 fiscal years, rising from ₹20.78 Crore in FY 2018-19 to ₹24.10 Crore in FY 2024-25.

### HSN Code 84602990 ranked #4609 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 84602990 ranks #4609 out of 12657 HSN codes by total export value. Within Sub-Chapter 8460, it ranks #5 of 22. By trade surplus, it ranks #11713 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 84602990 exports

The strongest single-year export movement for HSN Code 84602990 was recorded in FY 2020-21, when exports surged by 32.97% over the prior year.

### India records a trade deficit of ₹371.33 Crore in HSN Code 84602990 goods

In FY 2024-25, India's imports of ₹395.43 Cr exceeded exports of ₹24.10 Cr, resulting in a trade deficit of ₹371.33 Crore — ranking #11713 of 12657 by surplus magnitude.

### Import growth of -2.42% CAGR signals stable import dependency for Other Precision Grinder

India's imports under HSN Code 84602990 have grown at -2.42% CAGR, reaching ₹395.43 Crore in FY 2024-25.

### HSN Code 84602990 contributes 9.47% of Sub-Chapter 8460 exports — ranked #5

Among the 22 HSN codes under Sub-Chapter 8460, HSN Code 84602990 ranks #5 by export value — accounting for 9.47% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 14.79% share (rank #2).

## 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 (this hsn code) | ₹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 |