HSN Code 84604012: Honing or lapping machines: Honing machines: Vertical, multi-spindle

HSN Code 84604012 represents Honing or lapping machines: Honing machines: Vertical, multi-spindle under GST classification. This code helps businesses identify Honing or lapping machines: Honing machines: Vertical, multi-spindle correctly for billing, taxation, and trade. With HSN Code 84604012, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Honing or lapping machines: Honing machines: Vertical, multi-spindle.

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Description of Goods for HSN Code 84604012

HSN Code 84604012 relates to the following description.

Description of Goods

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

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 84604012 not include?

Honing or lapping machines: Honing machines: Vertical, multi-spindle does not include products with the following descriptions.

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

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

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

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

Other grinding machines: Centreless grinding machines, numerically controlled

Other grinding machines: Other cylindrical grinding machines, numerically controlled

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

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

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

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

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

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

India’s Trade Performance — HSN Code 84604012 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

₹2 Cr

−47.37% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹45 Cr

−21.15% vs FY 2023-24

0.0007% of India’s total imports

Trade Balance

FY 2024-25

−₹43 Cr

Trade Deficit

Surplus rank #10131 of 12657 HSN codes

% of Sub-Chapter 8460

FY 2024-25

0.67%

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

Import side: 1.67% of Sub-Chapter 8460’s imports

Rank Within Sub-Chapter 8460

FY 2024-25

#17 of 22

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

Import-side rank: #15 of 22

At a glance

−27.68%

Export CAGR

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

#7743

National Export Rank

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

+1,368.18%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.67%

Contribution to Sub-Ch. 8460

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

India Export-Import Trade Statistics for HSN Code 84604012

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 #4792

Balance

−13.06

Exports

11.88 ₹ Cr

0.0005% share

YoY

6.08% of Sub-Ch. 8460

Imports

24.94 ₹ Cr

0.0007% share

YoY

1.55% of Sub-Ch. 8460

FY 2019-20 Exp. Rank #7171

Balance

−34.38

Exports

1.58 ₹ Cr

0.0001% share

−86.70% YoY

1.01% of Sub-Ch. 8460

Imports

35.96 ₹ Cr

0.0011% share

+44.19% YoY

2.25% of Sub-Ch. 8460

FY 2020-21

Balance

−28.32

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 8460

Imports

28.32 ₹ Cr

0.0010% share

−21.25% YoY

2.41% of Sub-Ch. 8460

FY 2021-22 Exp. Rank #9054

Balance

−12.61

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.13% of Sub-Ch. 8460

Imports

12.86 ₹ Cr

0.0003% share

−54.59% YoY

1.14% of Sub-Ch. 8460

FY 2022-23 Exp. Rank #9229

Balance

−50.54

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−12.00% YoY

0.10% of Sub-Ch. 8460

Imports

50.76 ₹ Cr

0.0009% share

+294.71% YoY

2.84% of Sub-Ch. 8460

FY 2023-24 Exp. Rank #7055

Balance

−53.31

Exports

3.23 ₹ Cr

0.0001% share

+1,368.18% YoY

1.12% of Sub-Ch. 8460

Imports

56.54 ₹ Cr

0.0010% share

+11.39% YoY

2.74% of Sub-Ch. 8460

FY 2024-25 Exp. Rank #7743

Balance

−42.88

Exports

1.70 ₹ Cr

0.0000% share

−47.37% YoY

0.67% of Sub-Ch. 8460

Imports

44.58 ₹ Cr

0.0007% share

−21.15% YoY

1.67% of Sub-Ch. 8460

CAGR · 7-Year

Exports

−27.68% /yr

Imports

10.16% /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 84604012 Export-Import Analysis

Export Decline: −27.68% CAGR Over 7 Years

India's exports under HSN Code 84604012 have declined at a compound annual rate of −27.68% over 7 fiscal years, falling from ₹11.88 Crore in FY 2018-19 to ₹1.70 Crore in FY 2024-25.

HSN Code 84604012 Ranked #7743 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84604012 ranks #7743 out of 12657 HSN codes by total export value. Within Sub-Chapter 8460, it ranks #17 of 22. By trade surplus, it ranks #10131 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 84604012 Exports

The strongest single-year export movement for HSN Code 84604012 was recorded in FY 2023-24, when exports surged by 1,368.18% over the prior year.

India Records a Trade Deficit of ₹42.88 Crore in HSN Code 84604012 Goods

In FY 2024-25, India's imports of ₹44.58 Cr exceeded exports of ₹1.70 Cr, resulting in a trade deficit of ₹42.88 Crore — ranking #10131 of 12657 by surplus magnitude.

Import Growth of 10.16% CAGR Signals Rising Demand for Honing or lapping machines: Honing machines: Vertical, multi-spindle

India's imports under HSN Code 84604012 have grown at 10.16% CAGR, reaching ₹44.58 Crore in FY 2024-25.

HSN Code 84604012 Contributes 0.67% of Sub-Chapter 8460 Exports — Ranked #17

Among the 22 HSN codes under Sub-Chapter 8460, HSN Code 84604012 ranks #17 by export value — accounting for 0.67% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.67% share (rank #15).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84604012 and GST compliance.

What products are classified under HSN 84604012 ?

It includes Other Abrasive and Polishing Machine Tools

Do e‑way bill and e‑invoice apply for Honing or lapping machines: Honing machines: Vertical, multi-spindle?

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 Honing or lapping machines: Honing machines: Vertical, multi-spindle?

Under HSN 84604012, Honing or lapping machines: Honing machines: Vertical, multi-spindle attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Honing or lapping machines: Honing machines: Vertical, multi-spindle?

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 Honing or lapping machines: Honing machines: Vertical, multi-spindle?

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

How should mixed supplies be billed when Honing or lapping machines: Honing machines: Vertical, multi-spindle is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Honing or lapping machines: Honing machines: Vertical, multi-spindle; Nil for exempt items if applicable).

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.