--- title: "HSN Code for Other gear finishing machines | HSN 84614029 GST Rate" description: "Find HSN and GST Rates for 84614029 related to Other gear finishing machines with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84614029/" --- # HSN Code 84614029: Other gear finishing 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 8461: Metal Cutting & Shaping Machine](https://busy.in/hsn/sub-chapter-8461/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Gear cutting, gear grinding or gear finishing machines : Gear grinding or gear finishing machines : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84614029 ? It includes Sawing machines: Hack saw ### Any common misclassification issue with Other gear finishing machines? 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 Other gear finishing machines? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Other gear finishing machines? Under HSN 84614029, Other gear finishing machines attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Other gear finishing 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 Other gear finishing machines is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other gear finishing machines; Nil for exempt items if applicable). ## India's trade performance: HSN Code 84614029 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹9 Cr (−29.83% YoY) — 0.0003% of India's total exports - Imports: ₹440 Cr (+73.20% YoY) — 0.0072% of India's total imports - Trade balance: −₹430 Cr (Deficit); surplus rank #11802 of 12657 HSN codes - Share of Sub-Chapter 8461: 5.32% of its exports; import side 30.60% - Rank within Sub-Chapter 8461: #6 of 27 by export value; import-side #1 ### Key metrics - Export CAGR: 9.06% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5868 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +3,577.78% in FY 2023-24 - Contribution to Sub-Ch. 8461: 5.32% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84614029 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. 8461 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8461 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 5.52 | 0.0002% | — | 3.86% | 252.50 | 0.0070% | — | 21.52% | −246.98 | #5750 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −83.51% | 0.89% | 154.84 | 0.0046% | −38.68% | 13.79% | −153.93 | #7696 | | FY 2020-21 | 2.81 | 0.0001% | +208.79% | 3.98% | 94.57 | 0.0032% | −38.92% | 16.77% | −91.76 | #6620 | | FY 2021-22 | 9.71 | 0.0003% | +245.55% | 7.50% | 140.19 | 0.0031% | +48.24% | 18.48% | −130.48 | #5517 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −96.29% | 0.26% | 194.18 | 0.0034% | +38.51% | 19.28% | −193.82 | #8933 | | FY 2023-24 | 13.24 | 0.0004% | +3,577.78% | 7.82% | 253.89 | 0.0045% | +30.75% | 21.41% | −240.65 | #5341 | | FY 2024-25 | 9.29 | 0.0003% | −29.83% | 5.32% | 439.73 | 0.0072% | +73.20% | 30.60% | −430.44 | #5868 | - CAGR (7-year): exports 9.06%/yr, imports 9.69%/yr (consistently Deficit) ## Key trade insights: HSN Code 84614029 export-import analysis ### Consistent export growth: 9.06% CAGR over 7 years India's exports under HSN Code 84614029 have grown at a compound annual rate of 9.06% over 7 fiscal years, rising from ₹5.52 Crore in FY 2018-19 to ₹9.29 Crore in FY 2024-25. ### HSN Code 84614029 ranked #5868 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84614029 ranks #5868 out of 12657 HSN codes by total export value. Within Sub-Chapter 8461, it ranks #6 of 27. By trade surplus, it ranks #11802 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 84614029 exports The strongest single-year export movement for HSN Code 84614029 was recorded in FY 2023-24, when exports surged by 3,577.78% over the prior year. ### India records a trade deficit of ₹430.44 Crore in HSN Code 84614029 goods In FY 2024-25, India's imports of ₹439.73 Cr exceeded exports of ₹9.29 Cr, resulting in a trade deficit of ₹430.44 Crore — ranking #11802 of 12657 by surplus magnitude. ### Import growth of 9.69% CAGR signals stable import dependency for Other gear finishing machines India's imports under HSN Code 84614029 have grown at 9.69% CAGR, reaching ₹439.73 Crore in FY 2024-25. ### HSN Code 84614029 contributes 5.32% of Sub-Chapter 8461 exports — ranked #6 Among the 27 HSN codes under Sub-Chapter 8461, HSN Code 84614029 ranks #6 by export value — accounting for 5.32% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 30.60% share (rank #1). ## Related HSN Codes in Sub-Chapter 8461 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84619000: Parts for Machine Tools](https://busy.in/hsn/hsn-84619000/) | ₹76 Cr | | #2 | [HSN Code 84615029: Cutting-off machines: Other](https://busy.in/hsn/hsn-84615029/) | ₹22 Cr | | #3 | [HSN Code 84615011: Sawing or cutting-off machines: Sawing machines: Band saw, horizontal](https://busy.in/hsn/hsn-84615011/) | ₹20 Cr | | #4 | [HSN Code 84615019: Other sawing machines](https://busy.in/hsn/hsn-84615019/) | ₹12 Cr | | #5 | [HSN Code 84614026: Spur and helical gear hobber](https://busy.in/hsn/hsn-84614026/) | ₹10 Cr | | #6 | HSN Code 84614029: Other gear finishing machines (this hsn code) | ₹9 Cr | | #7 | [HSN Code 84615013: Sawing or cutting-off machines: Sawing machines: Circular saw, cold](https://busy.in/hsn/hsn-84615013/) | ₹6 Cr | | #8 | [HSN Code 84612019: Other shaping or slotting machines](https://busy.in/hsn/hsn-84612019/) | ₹5 Cr | | #9 | [HSN Code 84612020: Shaping or slotting machines : Slotting machines](https://busy.in/hsn/hsn-84612020/) | ₹4 Cr | | #10 | [HSN Code 84612011: Die & Punch Shaping Machines1](https://busy.in/hsn/hsn-84612011/) | ₹4 Cr |