--- title: "HSN Code for Honing or lapping machines : Lapping machines | HSN 84604020 GST Rate" description: "Find HSN and GST Rates for 84604020 related to Honing or lapping machines : Lapping machines with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84604020/" --- # HSN Code 84604020: Honing or lapping machines : Lapping machines - [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 | | --- | --- | --- | --- | --- | | Honing or lapping machines : Lapping machines | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84604020 ? It includes Shaping or slotting machines : Slotting machines ### How much GST applies to Honing or lapping machines : Lapping machines? Under HSN 84604020, Honing or lapping machines : Lapping machines attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Honing or lapping machines : Lapping machines? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Honing or lapping machines : Lapping machines? 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. ### Does packaging or labelling change the GST for Honing or lapping machines : Lapping machines? 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 should mixed supplies be billed when Honing or lapping machines : Lapping machines 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 : Lapping machines; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Honing or lapping machines : Lapping machines? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 84604020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹5 Cr (−10.98% YoY) — 0.0001% of India's total exports - Imports: ₹50 Cr (−5.22% YoY) — 0.0008% of India's total imports - Trade balance: −₹45 Cr (Deficit); surplus rank #10159 of 12657 HSN codes - Share of Sub-Chapter 8460: 2.10% of its exports; import side 1.87% - Rank within Sub-Chapter 8460: #11 of 22 by export value; import-side #14 ### Key metrics - Export CAGR: 8.33% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6527 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +315.38% in FY 2021-22 - Contribution to Sub-Ch. 8460: 2.10% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84604020 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 | 3.31 | 0.0001% | — | 1.69% | 34.28 | 0.0010% | — | 2.13% | −30.97 | #6359 | | FY 2019-20 | 3.95 | 0.0002% | +19.34% | 2.52% | 34.32 | 0.0010% | +0.12% | 2.14% | −30.37 | #6131 | | FY 2020-21 | 1.17 | 0.0001% | −70.38% | 0.67% | 35.57 | 0.0012% | +3.64% | 3.02% | −34.40 | #7521 | | FY 2021-22 | 4.86 | 0.0002% | +315.38% | 2.59% | 12.56 | 0.0003% | −64.69% | 1.12% | −7.70 | #6386 | | FY 2022-23 | 3.59 | 0.0001% | −26.13% | 1.68% | 28.25 | 0.0005% | +124.92% | 1.58% | −24.66 | #6800 | | FY 2023-24 | 6.01 | 0.0002% | +67.41% | 2.08% | 52.66 | 0.0009% | +86.41% | 2.55% | −46.65 | #6356 | | FY 2024-25 | 5.35 | 0.0001% | −10.98% | 2.10% | 49.91 | 0.0008% | −5.22% | 1.87% | −44.56 | #6527 | - CAGR (7-year): exports 8.33%/yr, imports 6.46%/yr (consistently Deficit) ## Key trade insights: HSN Code 84604020 export-import analysis ### Consistent export growth: 8.33% CAGR over 7 years India's exports under HSN Code 84604020 have grown at a compound annual rate of 8.33% over 7 fiscal years, rising from ₹3.31 Crore in FY 2018-19 to ₹5.35 Crore in FY 2024-25. ### HSN Code 84604020 ranked #6527 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84604020 ranks #6527 out of 12657 HSN codes by total export value. Within Sub-Chapter 8460, it ranks #11 of 22. By trade surplus, it ranks #10159 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 84604020 exports The strongest single-year export movement for HSN Code 84604020 was recorded in FY 2021-22, when exports surged by 315.38% over the prior year. ### India records a trade deficit of ₹44.56 Crore in HSN Code 84604020 goods In FY 2024-25, India's imports of ₹49.91 Cr exceeded exports of ₹5.35 Cr, resulting in a trade deficit of ₹44.56 Crore — ranking #10159 of 12657 by surplus magnitude. ### Import growth of 6.46% CAGR signals stable import dependency for Honing or lapping machines : Lapping machines India's imports under HSN Code 84604020 have grown at 6.46% CAGR, reaching ₹49.91 Crore in FY 2024-25. ### HSN Code 84604020 contributes 2.10% of Sub-Chapter 8460 exports — ranked #11 Among the 22 HSN codes under Sub-Chapter 8460, HSN Code 84604020 ranks #11 by export value — accounting for 2.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.87% share (rank #14). ## 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 | | #11 | HSN Code 84604020: Honing or lapping machines : Lapping machines (this hsn code) | ₹5 Cr |