--- title: "HSN Code for Other Punching/Notching/Nibbling Machines | HSN 84624900 GST Rate" description: "Find HSN and GST Rates for 84624900 related to Other Punching/Notching/Nibbling Machines with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-84624900/" --- # HSN Code 84624900: Other Punching/Notching/Nibbling 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 | | --- | --- | --- | --- | --- | | Punching, notching or nibbling machines (excluding presses) for flat products including combined punching and shearing machines: Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 84624900 ? It includes Cold metal working presses: Servo ### Any common misclassification issue with Other Punching/Notching/Nibbling Machines? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Other Punching/Notching/Nibbling Machines? Under HSN 84624900, Other Punching/Notching/Nibbling Machines attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Other Punching/Notching/Nibbling Machines? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Other Punching/Notching/Nibbling 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 Other Punching/Notching/Nibbling Machines is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Punching/Notching/Nibbling Machines; Nil for exempt items if applicable). ## India's trade performance: HSN Code 84624900 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹21 Cr (−0.05% YoY) — 0.0006% of India's total exports - Imports: ₹317 Cr (−3.63% YoY) — 0.0052% of India's total imports - Trade balance: −₹296 Cr (Deficit); surplus rank #11584 of 12657 HSN codes - Share of Sub-Chapter 8462: 4.56% of its exports; import side 4.20% - Rank within Sub-Chapter 8462: #6 of 56 by export value; import-side #9 ### Key metrics - National export rank: #4838 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +11.26% in FY 2023-24 - Contribution to Sub-Ch. 8462: 4.56% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 84624900 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 | 18.47 | 0.0005% | — | 4.07% | 222.56 | 0.0039% | — | 6.39% | −204.09 | #4771 | | FY 2023-24 | 20.55 | 0.0006% | +11.26% | 5.64% | 328.87 | 0.0059% | +47.77% | 7.14% | −308.32 | #4743 | | FY 2024-25 | 20.54 | 0.0006% | −0.05% | 4.56% | 316.92 | 0.0052% | −3.63% | 4.20% | −296.38 | #4838 | ## Key trade insights: HSN Code 84624900 export-import analysis ### Export snapshot for HSN Code 84624900 India exported ₹20.54 Crore worth of Other Punching/Notching/Nibbling Machines in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 84624900 ranked #4838 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 84624900 ranks #4838 out of 12657 HSN codes by total export value. Within Sub-Chapter 8462, it ranks #6 of 56. By trade surplus, it ranks #11584 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 84624900 exports The strongest single-year export movement for HSN Code 84624900 was recorded in FY 2023-24, when exports surged by 11.26% over the prior year. ### India records a trade deficit of ₹296.38 Crore in HSN Code 84624900 goods In FY 2024-25, India's imports of ₹316.92 Cr exceeded exports of ₹20.54 Cr, resulting in a trade deficit of ₹296.38 Crore — ranking #11584 of 12657 by surplus magnitude. ### HSN Code 84624900 contributes 4.56% of Sub-Chapter 8462 exports — ranked #6 Among the 56 HSN codes under Sub-Chapter 8462, HSN Code 84624900 ranks #6 by export value — accounting for 4.56% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.20% share (rank #9). ## 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 (this hsn code) | ₹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 |