--- title: "HSN Code for Numerically Controlled Press Brakes | HSN 84622300 GST Rate" description: "Find HSN and GST Rates for 84622300 related to Numerically Controlled Press Brakes with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84622300/" --- # HSN Code 84622300: Numerically Controlled Press Brakes - [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 | | --- | --- | --- | --- | --- | | Bending, folding, straightening or flattening machines (including press brakes) for flat products: Numerically controlled press brakes | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84622300 ? It includes Other Shearing Machines (Flat Products) ### Can we claim ITC on inputs used to trade Numerically Controlled Press Brakes? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Numerically Controlled Press Brakes is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Numerically Controlled Press Brakes; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Numerically Controlled Press Brakes? 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. ### Do e‑way bill and e‑invoice apply for Numerically Controlled Press Brakes? 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 Numerically Controlled Press Brakes? Under HSN 84622300, Numerically Controlled Press Brakes attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Numerically Controlled Press Brakes? 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 84622300 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (−34.91% YoY) — 0.0001% of India's total exports - Imports: ₹189 Cr (+44.40% YoY) — 0.0031% of India's total imports - Trade balance: −₹186 Cr (Deficit); surplus rank #11274 of 12657 HSN codes - Share of Sub-Chapter 8462: 0.58% of its exports; import side 2.50% - Rank within Sub-Chapter 8462: #16 of 56 by export value; import-side #14 ### Key metrics - National export rank: #7344 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: −29.65% in FY 2023-24 - Contribution to Sub-Ch. 8462: 0.58% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84622300 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 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2022-23 | 5.70 | 0.0002% | — | 1.26% | 93.80 | 0.0016% | — | 2.69% | −88.10 | #6316 | | FY 2023-24 | 4.01 | 0.0001% | −29.65% | 1.10% | 130.85 | 0.0023% | +39.50% | 2.84% | −126.84 | #6837 | | FY 2024-25 | 2.61 | 0.0001% | −34.91% | 0.58% | 188.95 | 0.0031% | +44.40% | 2.50% | −186.34 | #7344 | ## Key trade insights: HSN Code 84622300 export-import analysis ### Export snapshot for HSN Code 84622300 India exported ₹2.61 Crore worth of Numerically Controlled Press Brakes in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 84622300 ranked #7344 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84622300 ranks #7344 out of 12657 HSN codes by total export value. Within Sub-Chapter 8462, it ranks #16 of 56. By trade surplus, it ranks #11274 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 84622300 exports The strongest single-year export movement for HSN Code 84622300 was recorded in FY 2023-24, when exports declined by 29.65% over the prior year. ### India records a trade deficit of ₹186.34 Crore in HSN Code 84622300 goods In FY 2024-25, India's imports of ₹188.95 Cr exceeded exports of ₹2.61 Cr, resulting in a trade deficit of ₹186.34 Crore — ranking #11274 of 12657 by surplus magnitude. ### HSN Code 84622300 contributes 0.58% of Sub-Chapter 8462 exports — ranked #16 Among the 56 HSN codes under Sub-Chapter 8462, HSN Code 84622300 ranks #16 by export value — accounting for 0.58% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.50% share (rank #14). ## 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 | | #16 | HSN Code 84622300: Numerically Controlled Press Brakes (this hsn code) | ₹3 Cr |