HSN Code 84612020: Shaping or slotting machines : Slotting machines

HSN Code 84612020 represents Shaping or slotting machines : Slotting machines under GST classification. This code helps businesses identify Shaping or slotting machines : Slotting machines correctly for billing, taxation, and trade. With HSN Code 84612020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Shaping or slotting machines : Slotting machines.

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Description of Goods for HSN Code 84612020

HSN Code 84612020 relates to the following description.

Description of Goods

Shaping or slotting machines : Slotting machines

Chapter

84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

Sub Chapter

8461 - Machine-tools for planing, shaping, slotting, broaching, gear cutting, gear grinding or gear finishing, sawing, cutting-off and other machine tools working by removing metal, or cermets, not elsewhere specified or included

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 84612020 not include?

Shaping or slotting machines : Slotting machines does not include products with the following descriptions.

HSN Code 84612011

Shaping or slotting machines : Shaping machines : Die and punch shaping machines

HSN Code 84614011

Gear cutting, gear grinding or gear finishing machines : Gear cutting machines : Bevel gear cutting

HSN Code 84614012

Gear cutting, gear grinding or gear finishing machines : Gear cutting machines : Gear cutting spiral bevel and /or hypoid

HSN Code 84614013

Gear cutting, gear grinding or gear finishing machines : Gear cutting machines : Gear slotter or planar formed cutter type

HSN Code 84614014

Gear cutting, gear grinding or gear finishing machines : Gear cutting machines : Gear milling formed disc cutter type

HSN Code 84614019

Gear cutting, gear grinding or gear finishing machines : Gear cutting machines : Other

HSN Code 84614021

Gear cutting, gear grinding or gear finishing machines : Gear grinding or gear finishing machines : Single or double wheel disc type gear grinder

HSN Code 84614022

Gear cutting, gear grinding or gear finishing machines : Gear grinding or gear finishing machines : Formed wheel gear grinder

HSN Code 84614023

Gear cutting, gear grinding or gear finishing machines : Gear grinding or gear finishing machines : Gear shaver

HSN Code 84614024

Gear cutting, gear grinding or gear finishing machines : Gear grinding or gear finishing machines : Gear tooth, rounding, chamfering or burring

HSN Code 84614025

Gear cutting, gear grinding or gear finishing machines : Gear grinding or gear finishing machines : Gear shaper, spur and helical

HSN Code 84614026

Gear cutting, gear grinding or gear finishing machines : Gear grinding or gear finishing machines : Gear hobber, spur and helical

HSN Code 84614029

Gear cutting, gear grinding or gear finishing machines : Gear grinding or gear finishing machines : Other

HSN Code 84615021

Sawing or cutting-off machines : Cutting-off machines : Abrasive wheel cutting-off machines

India’s Trade Performance — HSN Code 84612020 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

₹4 Cr

−4.66% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹9 Cr

+55.86% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹4 Cr

Trade Deficit

Surplus rank #8524 of 12657 HSN codes

% of Sub-Chapter 8461

FY 2024-25

2.46%

Share of Sub-Chapter 8461’s total exports in FY 2024-25

Import side: 0.59% of Sub-Chapter 8461’s imports

Rank Within Sub-Chapter 8461

FY 2024-25

#9 of 27

Position by export value among HSN codes in Sub-Chapter 8461

Import-side rank: #18 of 27

At a glance

17.31%

Export CAGR

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

#6802

National Export Rank

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

+156.25%

Peak Growth Year

FY 2023-24 · strongest single-year move

2.46%

Contribution to Sub-Ch. 8461

Share of Sub-Chapter 8461 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 84612020

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 #7144

Balance

−2.47

Exports

1.65 ₹ Cr

0.0001% share

— YoY

1.15% of Sub-Ch. 8461

Imports

4.12 ₹ Cr

0.0001% share

— YoY

0.35% of Sub-Ch. 8461

FY 2019-20 Exp. Rank #7067

Balance

−16.76

Exports

1.76 ₹ Cr

0.0001% share

+6.67% YoY

1.71% of Sub-Ch. 8461

Imports

18.52 ₹ Cr

0.0006% share

+349.51% YoY

1.65% of Sub-Ch. 8461

FY 2020-21 Exp. Rank #6770

Balance

−0.50

Exports

2.40 ₹ Cr

0.0001% share

+36.36% YoY

3.40% of Sub-Ch. 8461

Imports

2.90 ₹ Cr

0.0001% share

−84.34% YoY

0.51% of Sub-Ch. 8461

FY 2021-22 Exp. Rank #7308

Balance

−0.80

Exports

2.02 ₹ Cr

0.0001% share

−15.83% YoY

1.56% of Sub-Ch. 8461

Imports

2.82 ₹ Cr

0.0001% share

−2.76% YoY

0.37% of Sub-Ch. 8461

FY 2022-23 Exp. Rank #7564

Balance

−4.15

Exports

1.76 ₹ Cr

0.0000% share

−12.87% YoY

1.28% of Sub-Ch. 8461

Imports

5.91 ₹ Cr

0.0001% share

+109.57% YoY

0.59% of Sub-Ch. 8461

FY 2023-24 Exp. Rank #6695

Balance

−0.95

Exports

4.51 ₹ Cr

0.0001% share

+156.25% YoY

2.66% of Sub-Ch. 8461

Imports

5.46 ₹ Cr

0.0001% share

−7.61% YoY

0.46% of Sub-Ch. 8461

FY 2024-25 Exp. Rank #6802

Balance

−4.21

Exports

4.30 ₹ Cr

0.0001% share

−4.66% YoY

2.46% of Sub-Ch. 8461

Imports

8.51 ₹ Cr

0.0001% share

+55.86% YoY

0.59% of Sub-Ch. 8461

CAGR · 7-Year

Exports

17.31% /yr

Imports

12.85% /yr

Consistently Deficit
Sub-Chapter 8461 total

reference, FY 2024-25

Export

₹174.67 Cr

Import

₹1,437.26 Cr

Trade Balance

−1,262.59

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 84612020 Export-Import Analysis

Consistent Export Growth: 17.31% CAGR Over 7 Years

India's exports under HSN Code 84612020 have grown at a compound annual rate of 17.31% over 7 fiscal years, rising from ₹1.65 Crore in FY 2018-19 to ₹4.30 Crore in FY 2024-25.

HSN Code 84612020 Ranked #6802 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 84612020 ranks #6802 out of 12657 HSN codes by total export value. Within Sub-Chapter 8461, it ranks #9 of 27. By trade surplus, it ranks #8524 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 84612020 Exports

The strongest single-year export movement for HSN Code 84612020 was recorded in FY 2023-24, when exports surged by 156.25% over the prior year.

India Records a Trade Deficit of ₹4.21 Crore in HSN Code 84612020 Goods

In FY 2024-25, India's imports of ₹8.51 Cr exceeded exports of ₹4.30 Cr, resulting in a trade deficit of ₹4.21 Crore — ranking #8524 of 12657 by surplus magnitude.

Import Growth of 12.85% CAGR Signals Rising Demand for Shaping or slotting machines : Slotting machines

India's imports under HSN Code 84612020 have grown at 12.85% CAGR, reaching ₹8.51 Crore in FY 2024-25.

HSN Code 84612020 Contributes 2.46% of Sub-Chapter 8461 Exports — Ranked #9

Among the 27 HSN codes under Sub-Chapter 8461, HSN Code 84612020 ranks #9 by export value — accounting for 2.46% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.59% share (rank #18).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 84612020 and GST compliance.

What products are classified under HSN 84612020 ?

It includes Spiral bevel gear cutting machines

Any common misclassification issue with Shaping or slotting machines : Slotting 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 Shaping or slotting machines : Slotting 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.

How should mixed supplies be billed when Shaping or slotting machines : Slotting machines is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Shaping or slotting machines : Slotting machines; Nil for exempt items if applicable).

How much GST applies to Shaping or slotting machines : Slotting machines?

Under HSN 84612020, Shaping or slotting machines : Slotting machines attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Shaping or slotting machines : Slotting machines?

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

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.