--- title: "HSN Code for Forging Machines | HSN 84621019 GST Rate" description: "Find HSN and GST Rates for 84621019 related to Forging Machines with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84621019/" --- # HSN Code 84621019: Forging 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 8462: Metal forging & die-stamping machines](https://busy.in/hsn/sub-chapter-8462/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Machine-tools (including presses) for working metal by forging, hammering or die-stamping; machine-tools (including presses) for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides, not specified above - forging or die-stamping machines (including presses) and hammers: hammers: other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84621019 ? It includes Vertical Gap Frame Presses ### Can we claim ITC on inputs used to trade Forging 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 Forging Machines? Under HSN 84621019, Forging Machines attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Forging Machines is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Forging Machines; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Forging 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. ### Any common misclassification issue with Forging Machines? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 84621019 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil — 0.0000% of India's total exports - Imports: ₹3 Cr — 0.0000% of India's total imports - Trade balance: −₹3 Cr (Deficit); surplus rank #8341 of 12657 HSN codes - Share of Sub-Chapter 8462: 0.00% of its exports; import side 0.04% ### Key metrics - Peak growth year: −4.10% in FY 2021-22 - Contribution to Sub-Ch. 8462: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84621019 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. 8462 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 8462 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 50.17 | 0.0022% | — | 16.47% | 460.73 | 0.0129% | — | 10.48% | −410.56 | #2851 | | FY 2019-20 | 17.02 | 0.0008% | −66.08% | 5.82% | 287.91 | 0.0086% | −37.51% | 7.39% | −270.89 | #4330 | | FY 2020-21 | 9.02 | 0.0004% | −47.00% | 4.77% | 128.04 | 0.0044% | −55.53% | 6.20% | −119.02 | #5207 | | FY 2021-22 | 8.65 | 0.0003% | −4.10% | 3.04% | 170.62 | 0.0037% | +33.26% | 5.36% | −161.97 | #5679 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −99.77% | 0.00% | < ₹1 Crore | 0.0000% | −99.59% | 0.02% | −0.68 | #10152 | | FY 2023-24 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | 0.00 | — | | FY 2024-25 | Nil | 0.0000% | — | 0.00% | 2.84 | 0.0000% | — | 0.04% | −2.84 | — | - CAGR (7-year): exports —/yr, imports -57.18%/yr (consistently Deficit) ## Key trade insights: HSN Code 84621019 export-import analysis ### Export snapshot for HSN Code 84621019 India exported ₹0.00 Crore worth of Forging Machines in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### FY 2021-22 was the strongest growth year for HSN Code 84621019 exports The strongest single-year export movement for HSN Code 84621019 was recorded in FY 2021-22, when exports declined by 4.10% over the prior year. ### India records a trade deficit of ₹2.84 Crore in HSN Code 84621019 goods In FY 2024-25, India's imports of ₹2.84 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹2.84 Crore — ranking #8341 of 12657 by surplus magnitude. ### Import growth of -57.18% CAGR signals stable import dependency for Forging Machines India's imports under HSN Code 84621019 have grown at -57.18% CAGR, reaching ₹2.84 Crore in FY 2024-25. ## Related HSN Codes in Sub-Chapter 8462 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 84629000: Machine Tools for Working Metal](https://busy.in/hsn/hsn-84629000/) | ₹181 Cr | | #2 | [HSN Code 84622900: Other Bending Machines](https://busy.in/hsn/hsn-84622900/) | ₹77 Cr | | #3 | [HSN Code 84626100: Cold metal working presses: Hydraulic](https://busy.in/hsn/hsn-84626100/) | ₹34 Cr | | #4 | [HSN Code 84626200: Cold metal working presses: Mechanical](https://busy.in/hsn/hsn-84626200/) | ₹28 Cr | | #5 | [HSN Code 84623900: Numerically Controlled Shearing Machines](https://busy.in/hsn/hsn-84623900/) | ₹24 Cr | | #6 | [HSN Code 84624900: Other Punching/Notching/Nibbling Machines](https://busy.in/hsn/hsn-84624900/) | ₹21 Cr | | #7 | [HSN Code 84621900: Other Hot Forming Forging/Die Forging Machines & Hammers](https://busy.in/hsn/hsn-84621900/) | ₹20 Cr | | #8 | [HSN Code 84625900: Other Tube/Pipe/Hollow Section/Bar Working Machines (Non-Presses)](https://busy.in/hsn/hsn-84625900/) | ₹13 Cr | | #9 | [HSN Code 84626900: Cold metal working presses: Other](https://busy.in/hsn/hsn-84626900/) | ₹10 Cr | | #10 | [HSN Code 84622600: Other Bending Machines (Numerically Controlled)](https://busy.in/hsn/hsn-84622600/) | ₹10 Cr | | — | HSN Code 84621019: Forging Machines (this hsn code) | Nil |