--- title: "HSN Code for Sharpening (tool or cutter grinding) machines : Numerically controlled | HSN 84603100 GST Rate" description: "Find HSN and GST Rates for 84603100 related to Sharpening (tool or cutter grinding) machines : Numerically controlled with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84603100/" --- # HSN Code 84603100: Sharpening (tool or cutter grinding) machines : Numerically controlled - [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 | | --- | --- | --- | --- | --- | | Sharpening (tool or cutter grinding)machines : Numerically controlled | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84603100 ? It includes Horizontal honing machines ### Do e‑way bill and e‑invoice apply for Sharpening (tool or cutter grinding) machines : Numerically controlled? 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. ### How much GST applies to Sharpening (tool or cutter grinding) machines : Numerically controlled? Under HSN 84603100, Sharpening (tool or cutter grinding) machines : Numerically controlled attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Sharpening (tool or cutter grinding) machines : Numerically controlled? 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 Sharpening (tool or cutter grinding) machines : Numerically controlled? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Sharpening (tool or cutter grinding) machines : Numerically controlled is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Sharpening (tool or cutter grinding) machines : Numerically controlled; Nil for exempt items if applicable). ## India's trade performance: HSN Code 84603100 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹31 Cr (−31.20% YoY) — 0.0008% of India's total exports - Imports: ₹148 Cr (−4.86% YoY) — 0.0024% of India's total imports - Trade balance: −₹117 Cr (Deficit); surplus rank #10919 of 12657 HSN codes - Share of Sub-Chapter 8460: 12.20% of its exports; import side 5.53% - Rank within Sub-Chapter 8460: #3 of 22 by export value; import-side #5 ### Key metrics - Export CAGR: 2.99% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4279 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +199.03% in FY 2021-22 - Contribution to Sub-Ch. 8460: 12.20% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84603100 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 | 26.00 | 0.0011% | — | 13.31% | 55.63 | 0.0016% | — | 3.45% | −29.63 | #3754 | | FY 2019-20 | 12.23 | 0.0006% | −52.96% | 7.79% | 42.40 | 0.0013% | −23.78% | 2.65% | −30.17 | #4747 | | FY 2020-21 | 18.54 | 0.0009% | +51.59% | 10.69% | 54.54 | 0.0019% | +28.63% | 4.64% | −36.00 | #4291 | | FY 2021-22 | 55.44 | 0.0018% | +199.03% | 29.52% | 60.38 | 0.0013% | +10.71% | 5.37% | −4.94 | #3221 | | FY 2022-23 | 37.56 | 0.0010% | −32.25% | 17.57% | 111.03 | 0.0019% | +83.89% | 6.21% | −73.47 | #3857 | | FY 2023-24 | 45.10 | 0.0012% | +20.07% | 15.57% | 155.50 | 0.0028% | +40.05% | 7.54% | −110.40 | #3685 | | FY 2024-25 | 31.03 | 0.0008% | −31.20% | 12.20% | 147.94 | 0.0024% | −4.86% | 5.53% | −116.91 | #4279 | - CAGR (7-year): exports 2.99%/yr, imports 17.71%/yr (consistently Deficit) ## Key trade insights: HSN Code 84603100 export-import analysis ### Consistent export growth: 2.99% CAGR over 7 years India's exports under HSN Code 84603100 have grown at a compound annual rate of 2.99% over 7 fiscal years, rising from ₹26.00 Crore in FY 2018-19 to ₹31.03 Crore in FY 2024-25. ### HSN Code 84603100 ranked #4279 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84603100 ranks #4279 out of 12657 HSN codes by total export value. Within Sub-Chapter 8460, it ranks #3 of 22. By trade surplus, it ranks #10919 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 84603100 exports The strongest single-year export movement for HSN Code 84603100 was recorded in FY 2021-22, when exports surged by 199.03% over the prior year. ### India records a trade deficit of ₹116.91 Crore in HSN Code 84603100 goods In FY 2024-25, India's imports of ₹147.94 Cr exceeded exports of ₹31.03 Cr, resulting in a trade deficit of ₹116.91 Crore — ranking #10919 of 12657 by surplus magnitude. ### Import growth of 17.71% CAGR signals rising demand for Sharpening (tool or cutter grinding) machines : Numerically controlled India's imports under HSN Code 84603100 have grown at 17.71% CAGR, reaching ₹147.94 Crore in FY 2024-25. ### HSN Code 84603100 contributes 12.20% of Sub-Chapter 8460 exports — ranked #3 Among the 22 HSN codes under Sub-Chapter 8460, HSN Code 84603100 ranks #3 by export value — accounting for 12.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.53% share (rank #5). ## 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 (this hsn code) | ₹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 |